Performance Cash Plan Agreement Sample Contracts

PERFORMANCE CASH PLAN AGREEMENT

Performance Cash Plan Agreement • June 2nd, 2023 • Lightning eMotors, Inc. • Motor vehicles & passenger car bodies • Delaware

• Contract Type
  Performance Cash Plan Agreement
• Filed
  June 2nd, 2023
• Company
  Lightning eMotors, Inc.
• Industry
  Motor vehicles & passenger car bodies
• Jurisdiction
  Delaware

This Performance Cash Plan Agreement (the “Agreement”) is entered into by [_________] (“you” or “Employee”) for the benefit of Lightning eMotors, Inc., Inc, a Delaware corporation, (“Lightning eMotors” or “Company”), and shall be deemed effective on June 1, 2023 (the “Effective Date”). The purpose of this Agreement is to offer a meaningful cash incentive opportunity (the “Award” or “Cash Award”) to the Company’s senior key leaders who will drive successful accretive value for Lightning eMotors’ shareholders during a specified performance period. The terms of this Agreement are as follows: