0001615774-19-002739 Sample Contracts

GARMIN LTD. 2011 NON-EMPLOYEE DIRECTORS’ EQUITY INCENTIVE PLAN as amended and restated on February 15, 2019 RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • February 20th, 2019 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys • Kansas

You have been granted restricted stock units (“RSUs”) relating to the shares, CHF 0.10 par value per share, of Garmin Ltd. (“Shares”), subject to the terms and conditions of the Garmin Ltd. 2011 Non-Employee Directors’ Equity Incentive Plan, as amended and restated on February 15, 2019 (the “Plan”), and the Award Agreement between you and Garmin Ltd. (the “Company”), attached as Exhibit A. Accordingly, provided you satisfy the conditions set forth in this Notice of Grant and Exhibit A, the Company agrees to pay you Shares as follows:

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Garmin Ltd.
2011 Non-Employee Directors’ Equity Incentive Plan • February 20th, 2019 • Garmin LTD • Search, detection, navagation, guidance, aeronautical sys
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