Id | Content |
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F1 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. |
F2 | The RSUs shall vest in full on May 21, 2025, subject to the Reporting Person's continued service as a director of GXO. |