RE: Employee Performance-Based Stock Unit (PSU) Inducement Award AgreementEmployee Performance-Based Stock Unit (Psu) Inducement Award Agreement • August 9th, 2023 • LL Flooring Holdings, Inc. • Retail-lumber & other building materials dealers • Virginia
This Award and the Plan are administered by the Compensation Committee (the “Committee”) of the Company’s Board of Directors (the “Board”) and the Committee shall have all the rights and discretion with respect to the administration of this Award and Award Agreement as it has under the terms and conditions of the Plan. You and the Company agree that this Award is granted under and governed by the terms and conditions of this Award Agreement, and will otherwise be subject to the Plan and will be governed as if it had been granted under the Plan, other than with respect to the share reserve under the Plan, which will not be affected by this Award. You have reviewed the Plan and this Award Agreement and fully understand all provisions of the Award Agreement, including the Plan. A copy of the Plan will be provided to you upon request.
