Form Of Callaway Golf Company Recipient: Non-Employee Director Effective Grant Date: Restricted Stock Unit Grant Number of Restricted Stock Units/Equivalent Shares: Plan: 2001 Non-Employee Directors Stock Incentive PlanRestricted Stock Unit Grant Agreement • March 1st, 2007 • Callaway Golf Co /Ca • Sporting & athletic goods, nec • Delaware
CALLAWAY GOLF COMPANY, a Delaware corporation (the “Company”), has elected to grant to you, the Recipient named above, a Restricted Stock Unit award subject to the restrictions and on the terms and conditions set forth below, in consideration for your services to the Company. Terms not otherwise defined in this Restricted Stock Unit Grant Agreement (“Agreement”) will have the meanings ascribed to them in the Plan identified above (the “Plan”).
