FORM OF DSU AGREEMENTForm of Dsu Agreement • May 3rd, 2024 • New Horizon Aircraft Ltd. • Aircraft
Contract Type FiledMay 3rd, 2024 Company IndustryThis DSU Agreement is entered into between New Horizon Aircraft Ltd. (the “Company”) and the Participant named below, pursuant to the Company’s Omnibus Share Incentive Plan (the “Plan”), a copy of which is attached hereto, and confirms that on: