0001767258-23-000051 Sample Contracts

XPEL, INC. PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT
Performance Restricted Stock Unit Award Agreement • August 9th, 2023 • XPEL, Inc. • Coating, engraving & allied services • Texas

This Performance Restricted Stock Unit Award Agreement (the “Agreement”), made as of the --- day of June, 2023 (the “Grant Date”) by and between XPEL, Inc., a Nevada corporation (the “Company”), and [_______] (“Employee”), evidences the grant by the Company of an Award of Performance Restricted Stock Units (the “Award”) to the Employee on such date and the Employee’s acceptance of the Award in accordance with the provisions of the XPEL, Inc. 2020 Equity Incentive Plan, as amended or restated from time to time (the “Plan”). The Company and the Employee hereby agree as follows:

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