Document:

Exhibit 4.4

 

 

 

Notice of Restricted Stock Unit Award

and

Terms and Conditions of Restricted Stock Unit
Award

 

 

 

	
    Participant 
		 	Award Number:		 
	Address:		 	ID:		 
	 		 	Plan:	2021 Omnibus Equity Incentive Plan

 

 

 

Effective [___________] (the “Award
Date”), you (the “Participant”) have been granted an award (the “Award”) with respect
to an aggregate of [_________] stock units (the “Restricted Stock Units”).1

 

The Award will vest and become nonforfeitable
with respect to [twenty-five percent (25%) of the total number of Restricted Stock Units on each of the first, second, third and
fourth anniversaries1, 2] of the Award Date.

 

 

 

By your signature and the Corporation’s
signature below, you and the Corporation agree that the Award is granted under and governed by the terms and conditions of the Corporation's
2021 Omnibus Equity Incentive Plan (the “Plan”) and the Terms and Conditions of Restricted Stock Unit Award (the “Terms”),
which are attached and incorporated herein by this reference. This Notice of Restricted Stock Unit Award, together with the Terms, will
be referred to as your Restricted Stock Unit Award Agreement. The Award has been granted to you in addition to, and not in lieu of, any
other form of compensation otherwise payable or to be paid to you. Capitalized terms are defined in the Plan if not defined herein or
in the Terms. You acknowledge receipt of a copy of the Terms and the Plan.

 

	INDIE SEMICONDUCTOR, INC.,	 	PARTICIPANT
	a Delaware corporation	 	 
	 	 	 	 
	By:	   	 	 
	 	 	 	Signature
	Print Name: 	         	 	 
	 	 	 	
	Its:	 	 	 
	 	 	 	Print Name

 

 

		1	Subject to adjustment under Section 8 of the Terms and Article
XV of the Plan.

		2	Subject to termination under Section 7 of the Terms and Section
15.4 of the Plan.

 

    1

    

    

 

INDIE SEMICONDUCTOR,
INC.

2021 OMNIBUS EQUITY INCENTIVE PLAN 

TERMS AND CONDITIONS OF RESTRICTED STOCK UNIT
AWARD

 

1. General.
These Terms and Conditions of Restricted Stock Unit Award (these “Terms”)
apply to a particular restricted stock unit grant (the “Award”) if incorporated by reference in the Notice of Restricted
Stock Unit Award (the “Grant Notice”) corresponding to that particular grant. The recipient of the Award identified
in the Grant Notice is referred to as the “Participant.” The effective date of grant of the Award as set forth in the
Grant Notice is referred to as the “Award Date.” The number of Shares covered by the Award is subject to adjustment
under Article XV of the Plan.

 

The Award was granted under
and subject to the indie Semiconductor 2021 Omnibus Equity Incentive Plan (the “Plan”). Capitalized terms are defined
in the Plan if not defined herein. The Award has been granted to the Participant in addition to, and not in lieu of, any other form of
compensation otherwise payable or to be paid to the Participant. The Grant Notice and these Terms are collectively referred to as the
“Restricted Stock Unit Award Agreement” or the “Agreement” applicable to the Award.

 

2. Restricted
Stock Units. Subject to the terms of this Agreement, the Corporation
hereby grants to the Participant an Award as set forth in the Grant Notice (subject to adjustment as provided in Article XV of the Plan)
(the “Restricted Stock Units”). As used herein, the term “stock unit” shall mean a non-voting unit of measurement
which is deemed for bookkeeping purposes to be equivalent to one outstanding Share of the Corporation’s Class A Common Stock (subject
to adjustment as provided in Article XV of the Plan) solely for purposes of the Plan and this Agreement. The Restricted Stock Units shall
be used solely as a device for the determination of the payment to eventually be made to the Participant if such Restricted Stock Units
vest pursuant to the terms of the Grant Notice. The Restricted Stock Units shall not be treated as property or as a trust fund of any
kind.

 

3. Continuance
of Employment/Service. The vesting schedule requires continued
employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award and
the rights and benefits under this Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion,
will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following
a termination of employment or services as provided in Section 7 below or under the Plan.

 

Nothing contained in this
Agreement or the Plan constitutes an employment or service commitment by the Corporation, affects the Participant’s status as an
employee at will who is subject to termination without cause, confers upon the Participant any right to remain employed by or in service
to the Corporation or any Affiliate, interferes in any way with the right of the Corporation or any Affiliate at any time to terminate
such employment or services, or affects the right of the Corporation or any Affiliate to increase or decrease the Participant’s
other compensation or benefits. Nothing in this Agreement, however, is intended to adversely affect any independent contractual right
of the Participant without his or her consent thereto.

 

    2

    

    

 

4. Dividend
and Voting Rights.

 

(a) Limitations
on Rights Associated with Units. The Participant shall have no rights as a stockholder of the Corporation, no dividend rights
(except as expressly provided in Section 4(b) with respect to Distribution Equivalent Rights) and no voting rights, with respect to the
Restricted Stock Units and any Shares underlying or issuable in respect of such Restricted Stock Units until such Shares are actually
issued to and held of record by the Participant. No adjustments will be made for dividends or other rights of a holder for which the record
date is prior to the date of issuance of such Shares.

 

(b) As of any date that
the Corporation pays an ordinary cash dividend on its Shares, the Corporation shall credit the Participant with an additional number of
Restricted Stock Units equal to (i) the per Share cash dividend paid by the Corporation on its Shares on such date, multiplied by (ii)
the total number of Restricted Stock Units (including any dividend equivalents previously credited hereunder) (with such total number
adjusted pursuant to Article XV of the Plan) subject to the Award as of the related dividend payment record date, divided by (iii) the
fair market value of a Share on the date of payment of such dividend. Any Restricted Stock Units credited pursuant to the foregoing provisions
of this Section 4(b) shall be subject to the same vesting, payment and other terms, conditions and restrictions as the original Restricted
Stock Units to which they relate. No crediting of Restricted Stock Units shall be made pursuant to this Section 4(b) with respect to any
Restricted Stock Units which, as of such record date, have either been paid pursuant to Section 6 or terminated pursuant to Section 7.

 

5. Restrictions
on Transfer. Neither the Award, nor any interest therein or amount
or Shares payable in respect thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either
voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation,
or (b) transfers by will or the laws of descent and distribution.

 

6. Timing
and Manner of Payment of Restricted Stock Units. On or as soon
as administratively practical following each vesting of the applicable portion of the total Award pursuant to the terms of the Grant Notice
or Article XV of the Plan (and in all events not later than two and one-half months after the applicable vesting date), the Corporation
shall deliver to the Participant a number of Shares (either by delivering one or more certificates for such Shares or by entering such
Shares in book entry form, as determined by the Corporation in its discretion) equal to the number of Restricted Stock Units subject to
this Award that vest on the applicable vesting date, unless such Restricted Stock Units terminate prior to the given vesting date pursuant
to Section 7. The Corporation’s obligation to deliver Shares or otherwise make payment with respect to vested Restricted Stock Units
is subject to the condition precedent that the Participant or other person entitled under the Plan to receive any Shares with respect
to the vested Restricted Stock Units deliver to the Corporation any representations or other documents or assurances as the Committee
deems necessary or desirable to assure compliance with all applicable legal and accounting requirements. The Participant shall have no
further rights with respect to any Restricted Stock Units that are paid or that terminate pursuant to Section 7.

 

7. Effect
of Termination of Employment or Service. The Participant’s
Restricted Stock Units shall terminate to the extent such units have not become vested prior to the first date the Participant is no longer
employed by or in service to the Corporation or one of its Affiliates, regardless of the reason for the termination of the Participant’s
employment or service with the Corporation or an Affiliate, whether with or without cause, voluntarily or involuntarily. If any unvested
Restricted Stock Units are terminated hereunder, such Restricted Stock Units shall automatically terminate and be cancelled as of the
applicable termination date without payment of any consideration by the Corporation and without any other action by the Participant, or
the Participant’s beneficiary or personal representative, as the case may be.

 

    3

    

    

 

8. Adjustments
Upon Specified Events. Upon the occurrence of certain events relating
to the Corporation’s stock contemplated by Article XV of the Plan (including, without limitation, an extraordinary cash dividend
on such stock), the Committee shall make adjustments in accordance with such section in the number of Restricted Stock Units then outstanding
and the number and kind of securities that may be issued in respect of the Award. No such adjustment shall be made with respect to any
ordinary cash dividend for which dividend equivalents are credited pursuant to Section 4(b).

 

9. Tax
Withholding. The Corporation or any Affiliate shall be entitled
to require a cash payment by or on behalf of the Participant (including, without limitation, subject to such procedures as the Committee
may adopt, pursuant to a broker-assisted “cashless” arrangement with a third party who facilitates the sale of Shares deliverable
upon any payment of Restricted Stock Units) and/or to deduct from other compensation payable to the Participant any sums required by federal,
state or local tax law to be withheld with respect to the grant, vesting or payment of the Restricted Stock Units in whole or in part.
The Corporation may, in its discretion, agree that it will, upon any payment of Shares in respect of the Restricted Stock Units, automatically
reduce the number of Shares to be delivered by (or otherwise reacquire) the appropriate number of whole Shares, valued at their then fair
market value, to satisfy any withholding obligations of the Corporation or any Affiliate with respect to such distribution of Shares at
the applicable withholding rates.3

 

10. Notices.
Any notice to be given under the terms of this Agreement shall be in writing and addressed to the Corporation at its principal office
to the attention of the Secretary, and to the Participant at the Participant’s last address reflected on the Corporation’s
records, or at such other address as either party may hereafter designate in writing to the other. Any such notice shall be given only
when received, but if the Participant is no longer an employee of or in service to the Corporation, shall be deemed to have been duly
given by the Corporation when enclosed in a properly sealed envelope addressed as aforesaid, registered or certified, and deposited (postage
and registry or certification fee prepaid) in a post office or branch post office regularly maintained by the United States Government.

 

11. Plan.
The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan,
incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges
having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other
sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Committee do not (and shall
not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole
discretion of the Board or the Committee so conferred by appropriate action of the Board or the Committee under the Plan after
the date hereof.

 

 

		3	For Section 16 officers, Section 9 to read as follows: “Unless
(1) otherwise determined by the Committee at any time after the Award Date or (2) the Participant has previously notified the Chief Financial
Officer of the Corporation (or his designee) that he or she will pay the amount of any applicable federal, state or local tax law withholding
taxes directly to the Corporation in cash, upon any payment of Shares in respect of the Restricted Stock Units, the Corporation shall
automatically reduce the number of Shares to be delivered by (or otherwise reacquire) the appropriate number of whole Shares, valued
at their then fair market value, to satisfy any withholding obligations of the Corporation or any Affiliate with respect to such distribution
of Shares at the applicable withholding rates. In the event that the Committee determines not to satisfy, or the Corporation cannot legally
satisfy, such withholding obligations by such reduction of Shares, or in the event of a cash payment or any other withholding event in
respect of the Restricted Stock Units, the Corporation or any Affiliate shall be entitled to require a cash payment by or on behalf of
the Participant and/or to deduct from other compensation payable to the Participant any sums required by federal, state or local tax
law to be withheld with respect to such distribution or payment.”

 

    4

    

    

 

12. Entire
Agreement. This Agreement and the Plan together constitute the
entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject
matter hereof. The Plan and this Agreement may be amended pursuant to Article XVI of the Plan. Such amendment must be in writing and signed
by the Corporation. The Corporation may, however, unilaterally waive any provision hereof in writing to the extent such waiver does not
adversely affect the interests of the Participant hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver
of the same provision or a waiver of any other provision hereof.

 

13. Limitation
on Participant’s Rights. Participation in the Plan confers
no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation
as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has
any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited
and benefits payable, if any, with respect to the Restricted Stock Units, and rights no greater than the right to receive the Common Stock
as a general unsecured creditor with respect to Restricted Stock Units, as and when payable hereunder. 

 

14. Counterparts;
Electronic Signature. This Agreement may be signed and/or transmitted
in one or more counterparts by facsimile, e-mail of a .PDF, .TIF, .GIF, .JPG or similar attachment or using electronic signature technology
(e.g., via DocuSign or similar electronic signature technology), all of which will be considered one and the same agreement and will become
effective when one or more counterparts have been signed by each of the parties hereto and delivered to the other parties, it being understood
that all parties need not sign the same counterpart, and that any such signed electronic record shall be valid and as effective to bind
the party so signing as a paper copy bearing such party’s hand-written signature. To the extent a party signs this Agreement using
electronic signature technology, by clicking “sign,” “accept,” or similar acknowledgement of acceptance, such
party is signing this Agreement electronically, and electronic signatures appearing on this Agreement (or entered as to this Agreement
using electronic signature technology) shall be treated, for purposes of validity, enforceability and admissibility, the same as hand-written
signatures. 

 

15. Section
Headings. The section headings of this Agreement are for convenience
of reference only and shall not be deemed to alter or affect any provision hereof.

 

16. Governing
Law. This Agreement shall be governed by and construed and enforced
in accordance with the laws of the State of Delaware without regard to conflict of law principles thereunder.

 

17. Construction.
It is intended that the terms of the Award will not result in the imposition of any tax liability pursuant to Section 409A of the Code.
This Agreement shall be construed and interpreted consistent with that intent.

 

18. Clawback
Policy. The Restricted Stock Units are subject to the terms of
the Corporation’s recoupment, clawback or similar policy as it may be in effect from time to time, as well as any similar provisions
of applicable law, any of which could in certain circumstances require repayment or forfeiture of the Restricted Stock Units or any Shares
or other cash or property received with respect to the Restricted Stock Units (including any value received from a disposition of the
Shares acquired upon payment of the Restricted Stock Units).

 

19. No
Advice Regarding Award. The Participant is hereby advised to consult
with his or her own tax, legal and/or investment advisors with respect to any advice the Participant may determine is needed or appropriate
with respect to the Restricted Stock Units (including, without limitation, to determine the foreign, state, local, estate and/or gift
tax consequences with respect to the Award). Neither the Corporation nor any of its officers, directors, affiliates or advisors makes
any representation (except for the terms and conditions expressly set forth in this Restricted Stock Unit Award Agreement) or recommendation
with respect to the Award. Except for the withholding rights set forth in Section 9 above, the Participant is solely responsible for any
and all tax liability that may arise with respect to the Award. 

 

 

5Exhibit 4.5

 

 

 

Notice of Restricted Stock Award

and

Terms and Conditions of Restricted Stock Award

 

 

 

	Participant: 	 	 	Award Number: 		 
	Address:	 	 	ID:	 	 
	 	 	 	Plan:	2021 Omnibus Equity Incentive Plan

 

 

 

Effective [___________] (the “Award Date”),
you (the “Participant”) have been granted a restricted stock award (the “Award”) with respect to
an aggregate of [________] restricted Shares of the Corporation (the “Restricted Stock”).1

 

The Award will vest and become nonforfeitable
with respect to [twenty-five percent (25%) of the total number of Shares of Restricted Stock on each of the first, second, third
and fourth anniversaries1, 2] of the Award Date.

 

 

 

By your signature and the Corporation’s
signature below, you and the Corporation agree that the Award is granted under and governed by the terms and conditions of the Corporation’s
2021 Omnibus Equity Incentive Plan (the “Plan”) and the Terms and Conditions of Restricted Stock Award (the “Terms”),
which are attached and incorporated herein by this reference. This Notice of Restricted Stock Award, together with the Terms, will be
referred to as your Restricted Stock Award Agreement. The Award has been granted to you in addition to, and not in lieu of, any other
form of compensation otherwise payable or to be paid to you. Capitalized terms are defined in the Plan if not defined herein or in the
Terms. You acknowledge receipt of a copy of the Terms and the Plan.

 

 

 

IN WITNESS WHEREOF, the
Corporation has caused this Award to be executed on its behalf by a duly authorized officer and the Participant has hereunto set his or
her hand as of the date and year first above written.

 

	INDIE SEMICONDUCTOR, INC.,	 	PARTICIPANT
	a Delaware corporation	 	 
	 	 	 
	By:	   	 	 
	 	 	Signature
	Print Name: 	                             	 	 
	 	 	 
	Its:	 	 	 
	 	 	 	Print Name
	 	 	 	 
	Date:	______________, 2021	 	Date: 	______________, 2021

 

 

		1	Subject to adjustment under Section 7 of the Terms and Article
XV of the Plan.

		2	Subject to termination under Section 6 of the Terms and Section
15.4 of the Plan.

 

     

     

    

 

INDIE SEMICONDUCTOR, INC.

2021 OMNIBUS EQUITY INCENTIVE PLAN 

TERMS AND CONDITIONS OF RESTRICTED STOCK AWARD

 

1. General.
These Terms and Conditions of Restricted Stock Award (these “Terms”)
apply to a particular restricted stock grant (the “Award”) if incorporated by reference in the Notice of Restricted
Stock Award (the “Grant Notice”) corresponding to that particular grant. The recipient of the Award identified in the
Grant Notice is referred to as the “Participant.” The effective date of grant of the Award as set forth in the Grant
Notice is referred to as the “Award Date.” The number of Shares covered by the Award is subject to adjustment under
Article XV of the Plan.

 

The Award was granted under
and subject to the indie Semiconductor 2021 Omnibus Equity Incentive Plan (the “Plan”). Capitalized terms are defined
in the Plan if not defined herein. The Award has been granted to the Participant in addition to, and not in lieu of, any other form of
compensation otherwise payable or to be paid to the Participant. The Grant Notice and these Terms are collectively referred to as the
“Restricted Stock Award Agreement” or “Award Agreement” applicable to the Award.

 

2. Continuance
of Employment. The vesting schedule requires continued employment
or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award and the rights
and benefits under this Award Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion,
will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following
a termination of employment or services as provided in Section 6 below or under the Plan.

 

Nothing contained in this
Award Agreement or the Plan constitutes an employment or service commitment by the Corporation, affects the Participant’s status
as an employee at will who is subject to termination without cause, confers upon the Participant any right to remain employed by or in
service to the Corporation or any of its Affiliates, interferes in any way with the right of the Corporation or any of its Affiliates
at any time to terminate such employment or services, or affects the right of the Corporation or any of its Affiliates to increase or
decrease the Participant’s other compensation or benefits. Nothing in this Award Agreement, however, is intended to adversely affect
any independent contractual right of the Participant without his or her consent thereto.

 

3. Dividend
and Voting Rights. After the Award Date, the Participant shall
be entitled to cash dividends and voting rights with respect to the Shares of Restricted Stock subject to the Award even though such Shares
are not vested, provided that such rights shall terminate immediately as to any Shares of Restricted Stock that are forfeited pursuant
to Section 6 below. Any dividends payable on unvested Shares of Restricted Stock shall be held in escrow by the Corporation and will be
paid to the Participant within sixty (60) days after the date (if any) that such Shares vest, with such dividends forfeited if the underlying
Shares do not vest. 

 

4. Restrictions
on Transfer. Prior to the time that they have become vested pursuant
to the terms of the Grant Notice or Article XV of the Plan, neither the Restricted Stock, nor any interest therein, amount payable in
respect thereof, or Restricted Property (as defined in Section 7 hereof) may be sold, assigned, transferred, pledged or otherwise disposed
of, alienated or encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply
to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution.

 

    2 

     

    

 

5. Stock
Certificates.

 

(a) Book
Entry Form. The Corporation shall issue the Shares of Restricted Stock subject to the Award either: (a) in certificate form as provided
in Section 5(b) below; or (b) in book entry form, registered in the name of the Participant with notations regarding the applicable restrictions
on transfer imposed under this Award Agreement.

 

(b) Certificates
to be Held by Corporation; Legend. Any certificates representing Shares of Restricted Stock that may be delivered to the Participant
by the Corporation prior to vesting shall be redelivered to the Corporation to be held by the Corporation until the restrictions on such
Shares shall have lapsed and the Shares shall thereby have become vested or the Shares represented thereby have been forfeited hereunder.
Such certificates shall bear the following legend and any other legends the Corporation may determine to be necessary or advisable to
comply with all applicable laws, rules, and regulations:

 

“The ownership of this certificate
and the Shares of stock evidenced hereby and any interest therein are subject to substantial restrictions on transfer under an Agreement
entered into between the registered owner and indie Semiconductor, Inc. A copy of such Agreement is on file in the office of the Secretary
of indie Semiconductor, Inc.”

 

(c) Delivery
of Certificates Upon Vesting. Promptly after the vesting of any Shares of Restricted Stock pursuant to the terms of the Grant Notice
or Article XV of the Plan and the satisfaction of any and all related tax withholding obligations pursuant to Section 8, the Corporation
shall, as applicable, either remove the notations on any Shares of Restricted Stock issued in book entry form which have vested or deliver
to the Participant a certificate or certificates evidencing the number of Shares of Restricted Stock which have vested (or, in either
case, such lesser number of Shares as may result after giving effect to Section 8). The Participant (or the beneficiary or personal representative
of the Participant in the event of the Participant’s death or disability, as the case may be) shall deliver to the Corporation any
representations or other documents or assurances as the Corporation or its counsel may determine to be necessary or advisable in order
to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of Shares
in respect thereof. The Shares so delivered shall no longer be restricted Shares hereunder.

 

(d) Stock
Power; Power of Attorney. Concurrently with the execution and delivery of this Award Agreement, the Participant shall deliver to the
Corporation an executed stock power in the form attached hereto as Exhibit A, in blank, with respect to such Shares. The Corporation
shall not deliver any Share certificates in accordance with this Award Agreement unless and until the Corporation shall have received
such stock power executed by the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so appoint
by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact
to effect any transfer of unvested forfeited Shares (or Shares otherwise reacquired by the Corporation hereunder) to the Corporation as
may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives
deem necessary or advisable in connection with any such transfer.

 

    3 

     

    

 

6. Effect
of Termination of Employment or Services. If the Participant ceases
to be employed by or ceases to provide services to the Corporation or an Affiliate (the date of such termination of employment or service
is referred to as the Participant’s “Severance Date”), the Participant’s Shares of Restricted Stock (and
related Restricted Property as defined in Section 7 hereof) shall be forfeited to the Corporation to the extent such Shares have not become
vested pursuant to the terms of the Grant Notice or Article XV of the Plan upon the Severance Date (regardless of the reason for such
termination of employment or service, whether with or without cause, voluntarily or involuntarily, or due to death or disability). Upon
the occurrence of any forfeiture of Shares of Restricted Stock hereunder, such unvested, forfeited Shares and related Restricted Property
shall be automatically transferred to the Corporation as of the Severance Date, without any other action by the Participant (or the Participant’s
beneficiary or personal representative in the event of the Participant’s death or disability, as applicable). No consideration shall
be paid by the Corporation with respect to such transfer. The Corporation may exercise its powers under Section 5(d) hereof and take any
other action necessary or advisable to evidence such transfer. The Participant (or the Participant’s beneficiary or personal representative
in the event of the Participant’s death or disability, as applicable) shall deliver any additional documents of transfer that the
Corporation may request to confirm the transfer of such unvested, forfeited Shares and related Restricted Property to the Corporation.

 

7. Adjustments
Upon Specified Events. Upon the occurrence of certain events relating
to the Corporation’s stock contemplated by Article XV of the Plan, the Committee shall make adjustments in accordance with such
section in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Article XV
of the Plan or an event described in Section 15.4 of the Plan shall occur and the Shares of Restricted Stock are not fully vested upon
such event or prior thereto, the restrictions applicable to such Shares of Restricted Stock shall continue in effect with respect to any
consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement,
“Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect
of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the Shares of Restricted Stock to
which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such Shares of Restricted Stock
had remained outstanding. 

 

8. Tax
Withholding. The Corporation or any Affiliate shall be entitled
to require a cash payment by or on behalf of the Participant (including, without limitation, subject to such procedures as the Committee
may adopt, pursuant to a broker-assisted “cashless” arrangement with a third party who facilitates the sale of Shares deliverable
upon any payment of Restricted Stock) and/or to deduct from other compensation payable to the Participant any sums required by federal,
state or local tax law to be withheld with respect to the grant, vesting or payment of the Restricted Stock in whole or in part. The Corporation
may, in its discretion, agree that it will, upon any payment of Shares in respect of the Restricted Stock, automatically reduce the number
of Shares to be delivered by (or otherwise reacquire) the appropriate number of whole Shares, valued at their then fair market value,
to satisfy any withholding obligations of the Corporation or any Affiliate with respect to such distribution of Shares at the applicable
withholding rates.3

 

 

		3	For Section
16 officers, Section 8 to read as follows: “Unless (1) otherwise determined by the Committee at any time after the Grant Date or
(2) the Participant has previously notified the Chief Financial Officer of the Corporation (or his designee) that he or she will pay
the amount of any applicable federal, state or local tax law withholding taxes directly to the Corporation in cash, upon any payment
of Shares in respect of the Restricted Stock, the Corporation shall automatically reduce the number of Shares to be delivered by (or
otherwise reacquire) the appropriate number of whole Shares, valued at their then fair market value, to satisfy any withholding obligations
of the Corporation or any Affiliate with respect to such distribution of Shares at the applicable withholding rates. In the event that
the Committee determines not to satisfy, or the Corporation cannot legally satisfy, such withholding obligations by such reduction of
Shares, or in the event of a cash payment or any other withholding event in respect of the Restricted Stock, the Corporation or any Affiliate
shall be entitled to require a cash payment by or on behalf of the Participant and/or to deduct from other compensation payable to the
Participant any sums required by federal, state or local tax law to be withheld with respect to such distribution or payment.

 

    4 

     

    

 

9. Notices.
Any notice to be given under the terms of this Award Agreement shall be in writing and addressed to the Corporation at its principal office
to the attention of the Secretary, and to the Participant at the Participant’s last address reflected on the Corporation’s
records, or at such other address as either party may hereafter designate in writing to the other. Any such notice shall be given only
when received, but if the Participant is no longer an employee of or in service to the Corporation, shall be deemed to have been duly
given by the Corporation when enclosed in a properly sealed envelope addressed as aforesaid, registered or certified, and deposited (postage
and registry or certification fee prepaid) in a post office or branch post office regularly maintained by the United States Government.

 

10. Plan.
The Award and all rights of the Participant under this Award Agreement are subject to the terms and conditions of the provisions of the
Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Award Agreement. The Participant
acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Award Agreement. Unless otherwise expressly
provided in other sections of this Award Agreement, provisions of the Plan that confer discretionary authority on the Board or the Committee
do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise
in the sole discretion of the Board or the Committee so conferred by appropriate action of the Board or the Committee under the Plan after
the date hereof.

 

11. Entire
Agreement. This Award Agreement and the Plan together constitute
the entire agreement and supersede all prior understandings and agreements, written or oral, of the parties hereto with respect to the
subject matter hereof. The Plan and this Award Agreement may be amended pursuant to Article XVI of the Plan. Such amendment must be in
writing and signed by the Corporation. The Corporation may, however, unilaterally waive any provision hereof in writing to the extent
such waiver does not adversely affect the interests of the Participant hereunder, but no such waiver shall operate as or be construed
to be a subsequent waiver of the same provision or a waiver of any other provision hereof.

 

12. Counterparts;
Electronic Signature. This Award Agreement may be signed and/or
transmitted in one or more counterparts by facsimile, e-mail of a .PDF, .TIF, .GIF, .JPG or similar attachment or using electronic signature
technology (e.g., via DocuSign or similar electronic signature technology), all of which will be considered one and the same agreement
and will become effective when one or more counterparts have been signed by each of the parties hereto and delivered to the other parties,
it being understood that all parties need not sign the same counterpart, and that any such signed electronic record shall be valid and
as effective to bind the party so signing as a paper copy bearing such party’s hand-written signature. To the extent a party signs
this Award Agreement using electronic signature technology, by clicking “sign,” “accept,” or similar acknowledgement
of acceptance, such party is signing this Award Agreement electronically, and electronic signatures appearing on this Award Agreement
(or entered as to this Award Agreement using electronic signature technology) shall be treated, for purposes of validity, enforceability
and admissibility, the same as hand-written signatures. 

 

    5 

     

    

 

13. Section
Headings. The section headings of this Award Agreement are for
convenience of reference only and shall not be deemed to alter or affect any provision hereof.

 

14. Governing
Law. This Award Agreement shall be governed by and construed and
enforced in accordance with the laws of the State of Delaware without regard to conflict of law principles thereunder.

 

15. Clawback
Policy. The Restricted Stock is subject to the terms of the Corporation’s
recoupment, clawback or similar policy as it may be in effect from time to time, as well as any similar provisions of applicable law,
any of which could in certain circumstances require repayment or forfeiture of the Restricted Stock or other cash or property received
with respect to the Restricted Stock (including any value received from a disposition of the Restricted Stock).

 

16. No
Advice Regarding Award. The Participant is hereby advised to consult
with his or her own tax, legal and/or investment advisors with respect to any advice the Participant may determine is needed or appropriate
with respect to the Restricted Stock (including, without limitation, to determine the foreign, state, local, estate and/or gift tax consequences
with respect to the Award, the advantages and disadvantages of making an election under Section 83(b) of the Code with respect to the
Award, and the process and requirements for such an election). Neither the Corporation nor any of its officers, directors, affiliates
or advisors makes any representation (except for the terms and conditions expressly set forth in this Award Agreement) or recommendation
with respect to the Award or the making an election under Section 83(b) of the Code with respect to the Award. In the event the Participant
desires to make an election under Section 83(b) of the Code with respect to the Award, it is the Participant’s sole responsibility
to do so timely. Except for the withholding rights set forth in Section 8 above, the Participant is solely responsible for any and all
tax liability that may arise with respect to the Award. 

 

[Remainder of page intentionally
left blank]

 

    6 

     

    

 

IN WITNESS WHEREOF, the Corporation has
caused this Award to be executed on its behalf by a duly authorized officer and the Participant has hereunto set his or her hand as of
the date and year first above written.

 

	 	INDIE SEMICONDUCTOR, INC.,
	 	a Delaware corporation
	 	 	 
	 	By:	                             
	 	 	 
	 	Print Name: 	 
	 	 	 
	 	Its:	 
	 	 	 
	 	PARTICIPANT
	 	 
	 	 
	 	Signature
	 	 
	 	 
	 	Print Name

 

    7 

     

    

 

CONSENT OF SPOUSE

 

In consideration of the execution
of the foregoing Restricted Stock Award Agreement by indie Semiconductor, Inc., I, _____________________________, the spouse of the Participant
therein named, do hereby join with my spouse in executing the foregoing Restricted Stock Award Agreement and do hereby agree to be bound
by all of the terms and provisions thereof and of the Plan.

 

Dated: _____________, 2021

 

	 	 
	 	Signature of Spouse
	 	 
	 	 
	 	Print Name

 

    8 

     

    

 

EXHIBIT A

 

STOCK POWER

 

FOR VALUE RECEIVED and pursuant
to that certain Restricted Stock Award Agreement between indie Semiconductor, Inc., a Delaware corporation (the “Corporation”),
and the individual named below (the “Individual”) dated as of _____________, ____, the Individual, hereby sells, assigns and
transfers to the Corporation, an aggregate ________ Shares of the Corporation, standing in the Individual’s name on the books of
the Corporation and represented by stock certificate number(s) _____________________________________________ to which this instrument
is attached, and hereby irrevocably constitutes and appoints _________________ ____________________________________ as his or her attorney
in fact and agent to transfer such Shares on the books of the Corporation, with full power of substitution in the premises.

 

Dated _____________, ________

 

	 	 
	 	Signature
		 
	 	Print Name

 

(Instruction: Please do not fill in any blanks
other than the signature line. The purpose of the assignment is to enable the Corporation to exercise its sale/purchase option set forth
in the Restricted Stock Award Agreement without requiring additional signatures on the part of the Individual.)

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