Performance Market Stock Unit Grant Notice and Market Stock Unit Agreement Sample Contracts

SPIRIT AIRLINES, INC.
Performance Market Stock Unit Grant Notice and Market Stock Unit Agreement • April 21st, 2021 • Spirit Airlines, Inc. • Air transportation, scheduled • Delaware

Spirit Airlines, Inc., a Delaware corporation (the “Company”), pursuant to its 2015 Incentive Award Plan, as amended from time to time (the “Plan”), hereby grants to the individual listed below (“Participant”), a Performance Market Stock Unit (“Units”). Each Unit represents the right to receive one share of the Company’s Common Stock (each, a “Share”), upon the achievement of certain performance goals and continued employment requirements. This award is subject to all of the terms and conditions set forth herein and in the Market Stock Unit Agreement attached hereto as Exhibit A (the “Market Stock Unit Agreement”) and the Plan, each of which are incorporated herein by reference. Capitalized terms not specifically defined in this Grant Notice and the Agreement shall have the meanings specified in the Plan.

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