EXHIBIT 10.1
WW INTERNATIONAL, INC.
TERM SHEET FOR
RESTRICTED STOCK UNIT AWARDS (NON-EMPLOYEE DIRECTOR)
FOR GOOD AND VALUABLE CONSIDERATION, WW International, Inc., a Virginia corporation (the “Company”), hereby grants to the Participant identified below (the “Participant”) the aggregate number of Restricted Stock Units specified below (the “Award”), each such unit representing a contractual right to receive a Share pursuant to the Company’s 2025 Stock Incentive Plan, as in effect from time to time (the “Plan”), subject to the terms, conditions, and restrictions set forth in this Term Sheet, the Plan, and the Terms and Conditions for Participant Restricted Stock Unit Awards (Non-Employee Director) promulgated under such Plan and as attached hereto (the “Terms and Conditions”). This Term Sheet and the Terms and Conditions, together, constitute an “Award agreement” pursuant to the Plan. Capitalized terms not otherwise defined herein shall have the same meanings ascribed to them in the Terms and Conditions or the Plan, as applicable.
Key Terms and Conditions |
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Name of Participant: |
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Grant Date: |
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Number of Restricted Stock Units: |
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Vesting Schedule for Restricted Stock Units |
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Vesting Date
The earlier of (x) the first anniversary of the Grant Date, or, if earlier, the date which is the business day immediately preceding the date of the next annual meeting of the Company’s shareholders; or (y) a Change in Control.
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# of Restricted Stock Units
100% |
By electronically acknowledging and accepting this Term Sheet and the Terms and Conditions within sixty (60) days after the date of the electronic mail notification to the Participant of the grant of this Award (the “Electronic Notification Date”), the Participant acknowledges that the Participant has received and read, and agrees that the Restricted Stock Units granted herein are awarded pursuant to the Plan, are subject to and qualified in their entirety by this Term Sheet, the Plan, and the Terms and Conditions, and shall be subject to the terms and conditions of this Term Sheet, the Plan and the Terms and Conditions. If the Participant does not sign and return (or electronically accept, as applicable) this Term Sheet within sixty (60) days of the Electronic Notification Date, this Award shall be forfeited and shall be of no further force and effect.
WW INTERNATIONAL, INC.
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Participant Name: |
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