ORCHID ISLAND CAPITAL, INC. Performance Unit Award AgreementPerformance Unit Award Agreement • January 23rd, 2015 • Orchid Island Capital, Inc. • Real estate investment trusts • Maryland
THIS PERFORMANCE UNIT AWARD AGREEMENT (the “Agreement”), dated as of the 21st day of January, 2015, governs the Performance Unit Award granted by ORCHID ISLAND CAPITAL, INC., a Maryland corporation (the “Company”), to Robert E. Cauley (the “Participant”), in accordance with and subject to the provisions of the Orchid Island Capital, Inc. 2012 Equity Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.
ORCHID ISLAND CAPITAL, INC. Stock Award AgreementStock Award Agreement • January 23rd, 2015 • Orchid Island Capital, Inc. • Real estate investment trusts • Maryland
THIS STOCK AWARD AGREEMENT (the “Agreement”), dated as of the 21st day of January, 2015, governs the Stock Award granted by ORCHID ISLAND CAPITAL, INC., a Maryland corporation (the “Company”), to G. Hunter Haas IV (the “Participant”), in accordance with and subject to the provisions of the Orchid Island Capital, Inc. 2012 Equity Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.
