EXHIBIT 10.11
Advisor Name: |
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Number of RSUs: |
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Date of Grant: |
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Astra space, Inc.
2021 omnibus INCENTIVE PLAN
Restricted Stock Unit Agreement
This agreement (this “Agreement”) evidences a grant of restricted stock units (“RSUs”) by Astra Space, Inc. (the “Company”) to _______________________(the “Participant”), pursuant to and subject to the terms of the Astra Space, Inc. 2021 Omnibus Incentive Plan (as from time to time amended and in effect, the “Plan”) and Participant’s engagement as an advisor (“Engagement”) pursuant to that certain Advisory Agreement between Astra Space Operations, Inc. and Participant dated effective ______________. Except as otherwise defined herein, all capitalized terms used herein have the same meanings as in the Plan.
The RSUs are granted to the Participant in connection with the Participant’s ongoing Engagement with the Company.
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[Signature page follows.]
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The Company, by its duly authorized officer, and the Participant have executed this Agreement as of the Date of Grant.
ASTRA SPACE, INC.
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By: Chris Kemp
Its: Chief Executive Officer
Agreed and Accepted:
_______________________________
PARTICIPANT
Signature page to Restricted Stock Unit Agreement
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EXHIBIT A
VESTING SCHEDULE
Unless earlier terminated, forfeited, relinquished or expired, subject to the Participant’s continued Engagement through each applicable vesting date, ________ of the RSUs will vest in quarterly installments beginning on ________, through and including ________ (rounded down to the nearest whole Share, except as to the last vesting date, with respect to which all remaining RSUs will vest), such that one hundred percent (100%) the original number of Shares will vest on ________. Notwithstanding the foregoing, if the Participant fails to execute the Agreement within ninety (90) days after the Agreement is made available to the Participant, in accordance with Section 11 of the Agreement, the Participant’s right to acquire any shares subject to the unvested RSUs will immediately terminate.
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