Callaway Golf Company Recipient: George Fellows Cash Unit Grant Agreement Effective Grant Date: September 3, 2008 Number of Cash Units: 1,000,000 Plan: 2004 Incentive PlanCash Unit Grant Agreement • September 5th, 2008 • Callaway Golf Co • Sporting & athletic goods, nec • Delaware
Contract Type FiledSeptember 5th, 2008 Company Industry JurisdictionCALLAWAY GOLF COMPANY, a Delaware corporation (the “Company”), has elected to grant to you, the Recipient named above, a Cash Unit award subject to the restrictions and on the terms and conditions set forth below, in consideration for your services to the Company. Terms not otherwise defined in this Cash Unit Grant Agreement (“Agreement”) will have the meanings ascribed to them in the Plan identified above (the “Plan”).