0001437749-11-006979 Sample Contracts

VALENCE TECHNOLOGY, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • September 21st, 2011 • Valence Technology Inc • Miscellaneous electrical machinery, equipment & supplies • Texas

Unless otherwise defined herein, the terms defined in the Valence Technology, Inc. 2009 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Performance Restricted Stock Unit Award Agreement (the “Award Agreement”).

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PERFORMANCE BASED RESTRICTED STOCK UNIT AWARD AGREEMENT
Performance Based Restricted Stock Unit Award Agreement • September 21st, 2011 • Valence Technology Inc • Miscellaneous electrical machinery, equipment & supplies • Texas

Unless otherwise defined herein, the terms defined in the Valence Technology, Inc. 2009 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Performance Based Restricted Stock Unit Award Agreement (the “Award Agreement”).

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