Exhibit 10.2
DANIMER SCIENTIFIC, INC.
2020 LONG-TERM INCENTIVE PLAN
PERFORMANCE STOCK AGREEMENT
Danimer Scientific, Inc. (previously known as Live Oak Acquisition Corp., the “Company”) has granted the Participant (named in Section 1 hereof) a Full Value Award in the form of shares of performance stock (a “Performance Stock Award”) under the Company’s 2020 Long-Term Incentive Plan (the “Plan”) with respect to that number of shares of Common Stock set forth in Section 1 (the “Performance Shares”). The Performance Stock Award shall be subject to the following terms and conditions (sometimes referred to as the “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. This Award Agreement is dated as of July 23, 2021.
(d) The “Expiration Date” of the Performance Stock Award shall mean the earlier of (i) the third anniversary of the Grant Date or (ii) the Participant’s Termination Date.
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ACCEPTED |
| DANIMER SCIENTIFIC, INC. | |
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/s/ Stephen E. Croskrey |
| By: | /s/ John A. Dowdy, III |
Participant: Stephen E. Croskrey |
| Name: John A. Dowdy, III | |
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| Title: Chief Financial Officer |
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