FTAI AVIATION LTD. NONQUALIFIED STOCK OPTION AND INCENTIVE AWARD PLAN NON- OFFICER DIRECTOR OPTION AWARD AGREEMENTNon-Officer Director Option Award Agreement • August 12th, 2022 • FTAI Finance Holdco Ltd. • Delaware
This Non-Officer Director Option Award Agreement (this “Agreement”), dated as of _________, 20__ (the “Date of Grant”), is made by and between FTAI Aviation Ltd., a Cayman Islands exempted company (the “Company”), and _________, a Non-Officer Director of the Company (the “Grantee”). Capitalized terms not defined herein shall have the meaning ascribed to them in the FTAI Aviation Ltd. Nonqualified Stock Option and Incentive Award Plan (as may be amended from time to time, the “Plan”). Where the context permits, references to “the Company” shall include the Company and any successor to the Company.
