PERFORMANCE SHARE AWARD AGREEMENT
Performance Share Award #<<Performance Shares>>«NUM»
«First_Name» «Middle_Name» «Last_Name», Grantee:
GILEAD SCIENCES, INC. (the “Company”), pursuant to its 2004 Equity Incentive Plan, as amended (the “Plan”), and this
Performance Share Award Agreement (the “Agreement”), has this day granted to you, the grantee named above (“Grantee”), an
award of performance shares (“Performance Share Award”), subject to the terms and conditions set forth in this Agreement and
as otherwise provided in the Plan. Any terms not defined herein shall have the meaning set forth in the Plan.
The Performance Share Award represents the Company’s unfunded and unsecured promise to issue shares of Common
Stock at a future date, subject to the terms of this Agreement and the Plan. You have no rights under the Performance Share
Award other than the rights of a general unsecured creditor of the Company.
The details of your Performance Share Award are as follows:
1. The allotted number of shares of Common Stock subject to this Performance Share Award is «Performance
Shares_Granted» (the “Allotted Performance Shares”). Allotted Performance Shares are used solely to calculate the actual
number of Performance Shares that may be issued to you under this Agreement (“Actual Performance Shares”). Actual
Performance Shares will be calculated at the end of each performance period to the extent the performance goals set forth in
Appendix A to this Agreement are determined to have been met. Actual Performance Shares may be adjusted pursuant to
Section 10 of the Plan (Adjustments Upon Changes In Capitalization) as a result of stock splits, recapitalizations or similar
changes to the Company’s capital structure. You will not be entitled to receive more than a maximum of 200% of the Allotted
Performance Shares noted above.
Actual Performance Shares are calculated by multiplying the Allotted Performance Shares by a performance percentage
ranging from 0% to 200%. Such performance