FORM OF PERFORMANCE-BASED RESTRICTED STOCK UNIT
This Award Agreement (the “ Agreement ”) is entered into as of (the “ Award Date ”) by and between Columbia
Sportswear Company, an Oregon corporation (the “ Company ”), and (the “ Recipient ”), for the award of restricted
stock units with respect to the Company’s Common Stock (“ Common Stock ”).
The award of restricted stock units to the Recipient is made pursuant to Section 9 of the 1997 Stock Incentive Plan (the “
Plan ”) and the Recipient desires to accept the award subject to the terms and conditions of this Agreement.
IN CONSIDERATION of the mutual covenants and agreements set forth in this Agreement, the parties agree to the
1. Award and Terms of Restricted Stock Units . The Company awards to the Recipient under the Plan restricted
stock units (the “ Award ”), subject to forfeiture or increase as provided in Section 1(c) of this Agreement and to the
restrictions, terms and conditions set forth in this Agreement.
(a) Rights under Restricted Stock Units . A restricted stock unit (a “ RSU ”) represents the unfunded, unsecured right to
require the Company to deliver to the Recipient one share of Common Stock for each RSU. The number of shares of Common
Stock deliverable with respect to each RSU is subject to adjustment (1) as provided in Section 1(c) of this Agreement and (2) as
determined by the Board of Directors of the Company as to the number and kind of shares of stock deliverable upon any
merger, reorganization, consolidation, recapitalization, stock dividend, spin-off or other change in the corporate structure
affecting the Common Stock generally.
(b) Vesting Date . The RSUs not forfeited pursuant to Section 1(c) of this Agreement shall vest on the first anniversary of
the last day of the Performance Period, as defined below (the “ Vesting Date ”) provided that the Recipient has been employed
by the Company continuously from the Award Date to the V