FLOTEK INDUSTRIES, INC. STAND-ALONE PERFORMANCE-BASED STOCK OPTION AWARD AGREEMENT NOTICE OF STOCK OPTION AWARDStand-Alone Performance-Based Stock Option Award Agreement • December 27th, 2019 • Flotek Industries Inc/Cn/ • Miscellaneous chemical products • Texas
Subject to the terms and conditions of this Notice of Stock Option Award (this “Notice”), and the attached Flotek Industries, Inc. Stand-Alone Performance-Based Stock Option Award Agreement (the ”Award Agreement”), Flotek Industries, Inc. (the “Company”) hereby grants to John Gibson (the ”Participant”), as a material inducement for him to take employment with the Company, an option (the “Option”) to purchase the number of shares of Common Stock set forth below. Unless otherwise specifically indicated, all terms used in this Notice will have the meaning as set forth in the Award Agreement.
