COLUMBIA SPORTSWEAR COMPANY
1997 STOCK INCENTIVE PLAN, AS AMENDED
1. PURPOSE. The purpose of this 1997 Stock Incentive Plan (the "Plan") is to enable Columbia Sportswear
Company (the "Company") to attract and retain the services of (i) selected employees, officers and directors of
the Company or any parent or subsidiary of the Company and (ii) selected nonemployee agents, consultants,
advisors and independent contractors of the Company or any parent or subsidiary of the Company. For
purposes of this Plan, a person is considered to be employed by or in the service of the Company if the person is
employed by or in the service of the Company or any parent or subsidiary of the Company (in which case, the
Company, parent or subsidiary is referred to as an "Employer").
2. SHARES SUBJECT TO THE PLAN. Subject to adjustment as provided below and in Section 10, 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 be 5,400,000 shares. If an option or Performance-based
Award granted under the Plan expires, terminates or is cancelled, the unissued shares subject to that option or
Performance-based Award shall again be available under the Plan. If shares awarded as a bonus pursuant to
Section 7 or sold pursuant to Section 8 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.
3.1 EFFECTIVE DATE. The Plan shall become effective as of March 12, 1997. No Incentive Stock Option (as
defined in Section 5 below) granted under the Plan shall become exercisable and no payments shall be made
under a Performance-based Award, 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 the exercise of any I