0001564590-18-002880 Sample Contracts

HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN INDEPENDENT DIRECTORS STOCK UNIT AWARD AGREEMENT
Independent Directors Stock Unit Award Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

This Independent Directors Stock Unit Award Agreement (this “Agreement”) is dated _____________ (the “Grant Date”), and is between Herbalife Ltd. (the “Company”) and <NAME> (“Participant”).

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HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN PERFORMANCE BASED STOCK APPRECIATION RIGHT AWARD AGREEMENT (Sales Leader Retention – Section 16 only)
Stock Appreciation Rights Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

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

HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN STOCK APPRECIATION RIGHT AWARD AGREEMENT
Stock Appreciation Right Award Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

STOCK APPRECIATION RIGHT AGREEMENT (this “Agreement”) dated <DATE> (the “Grant Date”) between HERBALIFE LTD. (the “Company”), and <NAME> (“Participant”).

HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN (Lead Director Award) LEAD DIRECTOR STOCK UNIT AWARD AGREEMENT
Lead Director Stock Unit Award Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

This Independent Directors Stock Unit Award Agreement (this “Agreement”) is dated __________________ (the “Grant Date”), and is between Herbalife Ltd. (the “Company”) and _______________________ (“Participant”).

HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN STOCK UNIT AWARD AGREEMENT
Stock Unit Award Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

WHEREAS, the Company, by action of the Board and approval of its shareholders established the Herbalife Ltd. 2014 Stock Incentive Plan (the “Plan”);

HERBALIFE LTD. 2014 STOCK INCENTIVE PLAN RESTRICTED CASH UNIT AWARD AGREEMENT
Restricted Cash Unit Award Agreement • February 22nd, 2018 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

This Restricted Cash Unit Award Agreement (this “Agreement”) is dated <DATE> (the “Grant Date”), and is between Herbalife Ltd. (the “Company”) and <NAME> (“Participant”).

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