0000826675-24-000051 Sample Contracts

DYNEX CAPITAL, INC. PERFORMANCE UNIT AWARD
Performance Unit Award Agreement • April 26th, 2024 • Dynex Capital Inc • Real estate investment trusts

This Performance Unit Award Agreement (this “Agreement”) is made as of__________, 2023 (the “Grant Date”), by Dynex Capital, Inc., a Virginia corporation (the “Company”), to ____________, a Key Employee of the Company (the “Participant”). Defined terms used in this Agreement without definition shall have the meanings ascribed to them in the Plan (as defined below).

DYNEX CAPITAL, INC. RESTRICTED STOCK UNIT AWARD
Restricted Stock Unit Award Agreement • April 26th, 2024 • Dynex Capital Inc • Real estate investment trusts

This Restricted Stock Unit Award Agreement (this “Agreement”) is made as of [_____________], 2024 (the “Grant Date”), by Dynex Capital, Inc., a Virginia corporation (the “Company”), to [_____________], a Key Employee of the Company (the “Participant”).