GARMIN LTD. 2005 EQUITY INCENTIVE PLAN as amended and restated on June 9, 2023 RESTRICTED STOCK UNIT AWARD AGREEMENT (Performance-Based and Time-Based Vesting) (For Executive Officers)Restricted Stock Unit Award Agreement • February 21st, 2024 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units ("RSUs") relating to the shares, USD $0.10 par value per share, of Garmin Ltd. ("Shares"), subject to the terms and conditions of the Garmin Ltd. 2005 Equity Incentive Plan, as amended and restated on June 9, 2023 (the "Plan") and the Award Agreement between you and Garmin Ltd. (the "Company"), attached as Exhibit A. Accordingly, based on the satisfaction of the applicable performance-based and time-based vesting conditions set forth in this Notice of Grant, Exhibit A and Exhibit B, the Company agrees to pay you Shares as follows:
GARMIN LTD. 2005 EQUITY INCENTIVE PLAN as amended and restated on June 9, 2023 RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • February 21st, 2024 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units ("RSUs") relating to the shares, USD $0.10 par value per share, of Garmin Ltd. ("Shares"), subject to the terms and conditions of the Garmin Ltd. 2005 Equity Incentive Plan, as amended and restated on June 9, 2023 (the "Plan") and the Award Agreement between you and Garmin Ltd. (the "Company"), attached as Exhibit A. Accordingly, provided you satisfy the conditions set forth in this Notice of Grant and Exhibit A, the Company agrees to pay you Shares as follows:
