0001193125-21-073248 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 8th, 2021 • Callaway Golf Co • Sporting & athletic goods, nec • Delaware

THIS INDEMNIFICATION AGREEMENT is made as of the 8th day of March 2021, by and between Callaway Golf Company, a Delaware corporation (the “Company”), and Tom Dundon (“Indemnitee”), a director of the Company.

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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”).

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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