GARMIN LTD. 2005 EQUITY INCENTIVE PLAN as amended and restated on October 25, 2024 RESTRICTED STOCK UNIT AWARD AGREEMENT (Performance-Based and Time-Based Vesting) (For Canadian Grantees)Award Agreement • October 30th, 2024 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units (“RSUs”) relating to the registered 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 effective October 25, 2024 (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 October 25, 2024 RESTRICTED STOCK UNIT AWARD AGREEMENT (For Swiss Grantees)Award Agreement • October 30th, 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 October 25, 2024 (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:
GARMIN LTD. 2005 EQUITY INCENTIVE PLAN as amended and restated on October 25, 2024 RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • October 30th, 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 October 25, 2024 (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:
