It's 210M for one year. He just has to wait 10 years to get it fully paid out.
Are you claiming he will get this award every year?
He doesn't "just have to wait". He has to WORK for 10 years or meet other requirements for vesting.
If this was a european style 10 year option package, sure, he could retire and just wait to excercise, that's not what these are.