GARMIN LTD.Nonqualified Stock Option Agreement • December 29th, 2011 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted an option (the “Option”) to purchase common shares, CHF 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 27, 2010 (the “Plan”), and the Option Award Agreement between you and Garmin Ltd. (the “Company”) attached as Exhibit A as follows:
