GARMIN LTD.Performance Shares Award Agreement • December 17th, 2008 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted performance shares ("Performance Shares") relating to the common shares, $0.005 par value per share, of Garmin Ltd. ("Shares"), subject to the terms and conditions of the Garmin Ltd. 2005 Equity Incentive Plan (the "Plan") and the Award Agreement between you and Garmin Ltd. (the "Company"), attached as Exhibit A. 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.Restricted Stock • December 17th, 2008 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units ("RSUs") (referred to as "Deferred Shares" under the below referenced Plan) relating to the common shares, $0.005 par value per share, of Garmin Ltd. ("Shares"), subject to the terms and conditions of the Garmin Ltd. 2005 Equity Incentive Plan (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:
