Performance Goals shall mean, for a Performance Period, one or more goals
established by the Committee for the Performance Period based upon the Performance Criteria. The Committee is authorized at any time during the first 90 days of a Performance Period, or at any time thereafter, in its sole discretion, to adjust or
modify the calculation of a Performance Goal for such Performance Period in order to prevent the dilution or enlargement of the rights of Participants, (a) in the event of, or in anticipation of, any unusual, infrequently occurring or
extraordinary corporate item, transaction, event or development affecting the Company; or (b) in recognition of, or in anticipation of, any other unusual, infrequently occurring or nonrecurring events affecting the Company, or the financial
statements of the Company, or in response to, or in anticipation of, changes in applicable laws, regulations, accounting principles, or business conditions.
Performance Period shall mean the one or more periods of time of at least one year in duration, as the Committee may
select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participants right to and the payment of a performance-based Award, including, but not limited to, a Performance Compensation
Award.
Person shall mean any individual, corporation, partnership, association, limited liability company, joint-stock
company, trust, unincorporated organization, government or political subdivision.
Plan shall mean this
Daseke, Inc. 2017 Omnibus Incentive Plan, as amended from time to time.
Restricted Stock shall mean any Share
granted under Section 8 of the Plan.
Restricted Stock Unit shall mean any unit granted under
Section 8 of the Plan.
Rule 16b-3 shall mean Rule 16b-3 as promulgated and interpreted by the SEC under the Exchange Act, or any successor rule or regulation thereto as in effect from time to time.
SEC shall mean the Securities and Exchange Commission or any successor thereto, and shall include the Staff thereof.
Shares shall mean the common stock of the Company, par value $0.0001 per share, or such other securities of the Company
(i) into which such common stock shall be changed by reason of a recapitalization, merger, consolidation, split-up, combination, exchange of shares or other similar transaction, or (ii) as may be
determined by the Committee pursuant to Section 4(b) of the Plan.
Stock Appreciation Right
shall mean any right granted under Section 7 of the Plan.
Substitute Awards shall mean any
Awards granted under Section 4(c) of the Plan.
Section 3. Administration.
(a) The Plan shall be administered by the Committee. Subject to the terms of the Plan and applicable law, and in addition to
other express powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to a Participant and
designate those Awards which shall constitute Performance Compensation Awards; (iii) determine the number of Shares to be covered by, or with respect to which payments, rights, or other matters are to be calculated in connection with, Awards;
(iv) determine the terms and conditions of any Award; (v) determine in the terms and conditions of any Award whether, to what extent, and under what circumstances Awards may be settled or exercised in cash, Shares, other securities, other
Awards or other property, or canceled, forfeited, or suspended and the method or methods by which Awards may be settled, exercised, canceled, forfeited, or suspended; (vi) determine whether, to what extent, and under what circumstances cash,
Shares, other securities, other Awards, other property, and other amounts payable with respect to an Award shall be deferred either automatically or at the election of the holder thereof or of the Committee (in each case consistent with
Section 409A of the Code); (vii) interpret, administer or reconcile any inconsistency, correct any defect, resolve ambiguities and/or
A-5