0001144204-10-009642 Sample Contracts

GARMIN LTD.
Restricted Stock Unit Award Agreement • February 24th, 2010 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas

You have been granted restricted stock units ("RSUs") 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, as amended and restated on June 5, 2009 (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:

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GARMIN LTD.
Performance Shares Award Agreement • February 24th, 2010 • 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, as amended and restated on June 5, 2009 (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:

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