0001193125-21-073191 Sample Contracts

Callaway Golf Company Recipient: Stock Unit Grant Effective Grant Date: Number of Stock Units/Equivalent Shares: Plan: 2021 Employment Inducement Plan
Stock Unit Grant Agreement • March 8th, 2021 • Callaway Golf Co • Sporting & athletic goods, nec • Delaware

CALLAWAY GOLF COMPANY, a Delaware corporation (the “Company”), has elected to grant to you, Recipient named above, a Stock Unit award subject to the restrictions and on the terms and conditions set forth below, in consideration for your commencement of employment with the Company or a Related Company. Terms not otherwise defined in this Stock Unit Grant Agreement (“Agreement”) will have the meanings ascribed to them in the Plan identified above (the “Plan”).

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Callaway Golf Company Performance Unit Grant Recipient: Effective Grant Date: Number of Units: Plan: 2021 Employment Inducement Plan
Performance Unit Grant Agreement • March 8th, 2021 • Callaway Golf Co • Sporting & athletic goods, nec • Delaware

CALLAWAY GOLF COMPANY, a Delaware corporation (the “Company”), has elected to grant to you, Recipient named above, a performance share unit award subject to the restrictions and on the terms and conditions set forth below, in consideration for your commencement of employment with the Company or a Related Company. Terms not otherwise defined in this Performance Unit Grant Agreement (“Agreement”) will have the meanings ascribed to them in the Plan identified above (the “Plan”).

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