0001193125-14-057107 Sample Contracts

HERBALIFE LTD. STOCK APPRECIATION RIGHT AWARD AGREEMENT
2005 Stock Incentive Plan • February 18th, 2014 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

STOCK APPRECIATION RIGHT AGREEMENT (this “Agreement”) dated as of December , 2013(the “Grant Date”) between HERBALIFE LTD. (the “Company”), and (“Participant”).

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