Restricted Stock Grant Agreement
TWIN DISC INC
RESTRICTED STOCK GRANT AGREEMENT
THIS AGREEMENT, by and between TWIN DISC, INCORPORATED (the “Company”) and _______________ (the “Employee”) is dated this 5th day of August, 2026.
WHEREAS, the Company has adopted an Amended and Restated 2021 Omnibus Incentive Plan, as amended and restated in 2024 and in 2026 (the “Plan”), whereby the Compensation and Human Capital Committee of the Board of Directors (the “Committee”) is authorized to award shares of common stock of the Company to officers, key employees, and consultants, carrying restrictions such as a prohibition against disposition and establishing a substantial risk of forfeiture; and
WHEREAS, the Committee has determined it to be in its best interests of the Company to provide the Employee with an inducement to acquire or increase the Employee’s equity interest in the Company; and
WHEREAS, there are sufficient shares available for issuance under the Plan prior to the 2026 amendment and restatement of the Plan to issue the shares of common stock of the Company as provided herein under the Plan as in effect prior to the 2026 amendment and restatement.
NOW, THEREFORE, in consideration of the premises and of the covenants and agreements herein set forth, the parties hereto agree as follows:
…