COLUMBIA SPORTSWEAR COMPANY
1997 STOCK INCENTIVE PLAN, AS AMENDED
1. PURPOSE. The purpose of this Stock Incentive Plan (the "Plan") is to enable Columbia Sportswear Company
(the "Company") to attract and retain the services of (1) selected employees, officers and directors of the
Company and (2) selected nonemployee agents, consultants, advisors and independent contractors of the
2. SHARES SUBJECT TO THE PLAN. Subject to adjustment as provided below and in SECTION 13, the
shares to be offered under the Plan shall consist of Common Stock of the Company, and the total number of
shares of Common Stock that may be issued under the Plan shall not exceed 2,500,000 shares. The shares
issued under the Plan may be authorized and unissued shares or reacquired shares. If an option, stock
appreciation right or performance unit granted under the Plan expires, terminates or is cancelled, the unissued
shares subject to such option, stock appreciation right or performance unit shall again be available under the Plan.
If shares sold or awarded as a bonus under the Plan are forfeited to or repurchased by the Company, the number
of shares forfeited or repurchased shall again be available under the Plan.
3. EFFECTIVE DATE AND DURATION OF PLAN.
(a) EFFECTIVE DATE. The Plan shall become effective as of March 12, 1997. No option, stock appreciation
right or performance unit granted under the Plan shall become exercisable, however, until the Plan is approved by
the affirmative vote of the holders of a majority of the shares of Common Stock represented at a shareholders
meeting at which a quorum is present, and any such awards under the Plan before such approval shall be
conditioned on and subject to such approval. Subject to this limitation, options, stock appreciation rights and
performance units may be granted and shares may be awarded as bonuses or sold under the Plan at any time
after the effective date and before termination of the Plan.
(b) DURATION. The Plan shall continue in effect until all