Nonemployee Directors Stock Appreciation Right Agreement Sample Contracts

HERBALIFE LTD. 2005 STOCK INCENTIVE PLAN NONEMPLOYEE DIRECTORS STOCK APPRECIATION RIGHT AGREEMENT
Nonemployee Directors Stock Appreciation Right Agreement • August 2nd, 2010 • Herbalife Ltd. • Wholesale-drugs, proprietaries & druggists' sundries

This Nonemployee Directors Stock Appreciation Right Agreement (this “Agreement”) dated as of , 20 (the “Grant Date”) between Herbalife Ltd., an entity organized under the laws of the Cayman Islands (the “Company”), and [DIRECTOR] (“Participant”).

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