Non-Employee Director Deferred Stock Unit Award Summary – XHC

Summary

This agreement grants a non-employee director of XHC a specified number of Deferred Stock Units (DSUs). The DSUs vest either one year after the award date, at the next annual shareholder meeting, or upon the director's death, with pro-rata vesting if the director leaves the board early. The deferral period for the DSUs ends 30 days after the director leaves the board or passes away. The agreement outlines the timing and conditions for the director to receive the equity award.

EX-10.10 4 ex1010-dsuawardsummaryxxhc.htm EX-10.10 DSU AWARD SUMMARY - XHC FOR NED Document

EXHIBIT 10.10

Award Summary –Non-Employee Director Equity Grant

[First Name] [Last Name]


Deferred Stock Units	Date of Agreement and Award:	[Date]

	Number of Deferred Stock Units:	[Number] DSUs

	Vesting Date:	Earlier of (a) one year from Date of Award (or, if applicable, pro-rated for any appointment as a Director other than at each annual meeting of shareholders) or (b) date of following year’s annual meeting of shareholders or (c) date of death (and to vest pro-rata, on a monthly basis, if a Director terminates service on the Board of Directors prior to the anniversary vesting date)

	Deferral Period Ends:	30 days following earlier of (a) termination of board service or (b) date of death