GARMIN LTD. 2005 EQUITY INCENTIVE PLAN as amended and restated on June 27, 2010 RESTRICTED STOCK UNIT AWARD AGREEMENT (Performance-Based and Time-Based Vesting)Restricted Stock Unit Award Agreement • February 17th, 2015 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units ("RSUs") relating to the shares, CHF 10.00 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 and on June 27, 2010 (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.Restricted Stock Unit Award Agreement • February 17th, 2015 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas
You have been granted restricted stock units ("RSUs") relating to the shares, CHF 10 par value per share, of Garmin Ltd. ("Shares"), subject to the terms and conditions of the Garmin Ltd. 2011 Non-Employee Directors’ 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:
