Company: TH
Filing Date: 2025-02-28
Form Type: 8-K
Source: 0001104659-25-019190
Chunk: 2

Company: Target Hospitality Corp.
Filing Date: 2025-02-28
Form: 8-K
Item: Item 5.02
Chunk 2
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 the vesting date, unless the executive’s employment
is terminated by reason of death, without Cause, for Good Reason, or in the event of a Change in Control (each term as defined in the
Plan).

The foregoing descriptions of the RSU Agreement
and the PSU Agreement are qualified in their entirety by reference to the full text of the RSU Agreement and the PSU Agreement, copies
of which are attached to this Current Report on Form 8-K as Exhibits 10.3 and 10.4, respectively, and are incorporated herein by
reference.

Executive Performance Stock Unit Agreements with Mr. Archer
and Mr. Vlacich