Limoneira adopts new Form of Award Agreement for employee equity grants under 2022 Omnibus Incentive Plan

Limoneira CO

Board approved new Form of Award Agreement for restricted shares, performance-based shares, and performance-based compensation awards on October 30, 2023.
Replaces previous Form of Performance-Based and Time-Based Restricted Share Award Agreements for employees disclosed in August 2022.
Award Agreement designed to align compensation with market benchmarking and best practices.
Includes standard terms for vesting, forfeiture, and treatment upon death, disability, change of control, and termination without cause or for good reason.

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