0001104659-07-038994 Sample Contracts

DECKERS OUTDOOR CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER LEVEL 1 AWARD
Restricted Stock Unit Award Agreement • May 11th, 2007 • Deckers Outdoor Corp • Rubber & plastics footwear • California

Deckers Outdoor Corporation (the “Company”) has on the Grant Date specified above (the “Grant Date”) granted to (“Grantee”), in order to provide an incentive for Grantee to remain a Service Provider of the Company and to exert added effort towards its growth and success, an award (the “Award”) to receive that number of restricted stock units (the “Restricted Stock Units”) indicated above, each Restricted Stock Unit representing the right to receive one share of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), subject to certain restrictions and on the terms and conditions contained in this Award and the Deckers Outdoor Corporation 2006 Stock Incentive Plan (the “Plan”). Any terms not defined herein shall have the meaning set forth in the Plan.

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DECKERS OUTDOOR CORPORATION STOCK APPRECIATION RIGHTS AWARD AGREEMENT UNDER LEVEL 1 AWARD
Stock Appreciation Rights Award Agreement • May 11th, 2007 • Deckers Outdoor Corp • Rubber & plastics footwear • California

Deckers Outdoor Corporation (the “Company”) has on the Grant Date specified above (the “Grant Date”) granted to (“Grantee”), in order to provide an incentive for Grantee to remain a Service Provider of the Company and to exert added effort towards its growth and success, an award (the “Award”) of stock appreciation rights (“SARs”) with respect to that number of shares set forth above of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), subject to certain restrictions and on the terms and conditions contained in this Stock Appreciation Rights Award Agreement (this “Agreement”) and the Deckers Outdoor Corporation 2006 Stock Incentive Plan (the “Plan”). Any terms not defined in this Agreement shall have the meaning set forth in the Plan.

DECKERS OUTDOOR CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER LEVEL 2 AWARD
Deckers Outdoor Corp • May 11th, 2007 • Rubber & plastics footwear • California

Deckers Outdoor Corporation (the “Company”) has on the Grant Date specified above (the “Grant Date”) granted to (“Grantee”), in order to provide an incentive for Grantee to remain a Service Provider of the Company and to exert added effort towards its growth and success, an award (the “Award”) to receive that number of restricted stock units (the “Restricted Stock Units”) indicated above, each Restricted Stock Unit representing the right to receive one share of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), subject to certain restrictions and on the terms and conditions contained in this Award and the Deckers Outdoor Corporation 2006 Stock Incentive Plan (the “Plan”). Any terms not defined herein shall have the meaning set forth in the Plan.

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