EX-10.2
Commercial Vehicle Group, Inc.
COMMERCIAL VEHICLE GROUP, INC.
2020 EQUITY INCENTIVE PLAN
TERMINATION OF
PERFORMANCE-BASED RESTRICTED STOCK AWARD AGREEMENT
BASED ON EBITDA AND STOCK PRICE
This Termination of Performance -Based Restricted Stock Award Agreement Based on EBITDA and Stock Price (“Agreement”) is entered into by and between James R. Ray (“Grantee”) and Commercial Vehicle Group, Inc. (the “Company”) effective as of April 23, 2026.
WHEREAS, Grantee, the Company’s Chief Executive Officer, and the Company entered into (i) that certain Performance-Based Restricted Stock Award Agreement Based on EBITDA and Stock Price Agreement (the “Stock Award Agreement”), and (ii) that certain Performance-Based Restricted Cash Award Agreement Based on EBITDA and Stock Price Agreement (the “Cash Award Agreement” and, together with the Stock Award Agreement, collectively, the “Original PSU Agreements”), each effective as March 31, 2025;
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