0000897101-24-000070 Sample Contracts

ELECTROMED, INC. Restricted Stock Agreement (Non-Employee Directors)
Restricted Stock Agreement • February 13th, 2024 • Electromed, Inc. • Electromedical & electrotherapeutic apparatus • Minnesota

Electromed, Inc., a Minnesota corporation (the “Company”), pursuant to its 2023 Equity Incentive Plan (the “Plan”), hereby grants to you, the Participant named below, an award of Restricted Stock, whose vesting is subject the satisfaction of service-based conditions. The terms and conditions of this Restricted Stock Award are set forth in this Restricted Stock Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Plan document, a copy of which has been provided to you. Any capitalized term used but not defined in this Agreement will be defined as provided in the Plan, as it currently exists or as it may be amended.

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