0001047469-05-026250 Sample Contracts

CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

This CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made as of the day of , 2005, between Under Armour, Inc., a corporation organized under the laws of the State of Maryland (together with its affiliates, the “Company”), and (“Executive”).

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OFFICE LEASE by and between HULL POINT, LLC (Landlord) and K.P. SPORTS, INC. d/b/a Under Armour Performance Apparel (Tenant)
Office Lease • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

THIS LEASE is made on this day of March, 2002 (the “Effective Date”), by and between HULL POINT, LLC, a Maryland limited liability company (the “Landlord”), and KP SPORTS, INC., a Maryland corporation, d/b/a Under Armour Performance Apparel (the “Tenant”).

THIRD AMENDMENT TO LEASE
Lease • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

THIS THIRD AMENDMENT TO LEASE (this “Third Amendment”) is made as of June 23, 2004 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC., a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

AGREEMENT OF SUBLEASE By and between CORPORATE HEALTHCARE FINANCING, INC. T/A PERFORMAX (as Sublandlord) and KP SPORTS, INC. t/b/a UNDER ARMOUR PERFORMANCE APPAREL (as Subtenant)
Agreement of Sublease • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

THIS AGREEMENT OF SUBLEASE (this “Sublease”), made effective the 1st day of June, 2004, by and between Corporate Healthcare Financing, Inc., T/A Performax, with an address at 1030 Hull Street, Baltimore, Maryland (hereinafter referred to as “Sublandlord”) and KP Sports, Inc., a Maryland corporation d/b/a Under Armour Performance Apparel, with an address at 1020 Hull Street, 3rd Floor, Baltimore, Maryland 21230 (hereinafter referred to as “Subtenant”).

FIRST AMENDMENT TO LEASE
Lease • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl

THIS FIRST AMENDMENT TO LEASE (this “First Amendment”) is made as of Sept. 10, 2002 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC. a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

SECOND AMENDMENT TO LEASE
Under Armour, Inc. • November 4th, 2005 • Apparel & other finishd prods of fabrics & similar matl

THIS SECOND AMENDMENT TO LEASE (this “Second Amendment”) is made as of 3-6-03, 2002 by and between HULL POINT, LLC, a Maryland limited liability company (“Landlord”) and KP SPORTS, INC. a Maryland corporation, d/b/a Under Armour Performance Apparel (“Tenant”).

RESTRICTED STOCK GRANT AGREEMENT
Restricted Stock Grant Agreement • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

WHEREAS, the Company has adopted the 2005 Omnibus Long-Term Incentive Plan (the “Plan”) to promote the interests of the Company and its stockholders by providing the Company’s key employees and others with an appropriate incentive to encourage them to continue in the employ of the Company and to improve the growth and profitability of the Company; and

UNDER ARMOUR, INC. 2005 OMNIBUS LONG-TERM INCENTIVE PLAN
Term Incentive Plan • November 4th, 2005 • Under Armour, Inc. • Apparel & other finishd prods of fabrics & similar matl • Maryland

Under Armour, Inc., a Maryland corporation (the “Company”), sets forth herein the terms of its 2005 Omnibus Long-Term Incentive Plan (the “Plan”), as follows:

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