FORM OF GLOBALSTAR, INC. RESTRICTED STOCK UNITS AGREEMENT NON-U.S. DESIGNATED EXECUTIVERestricted Stock Units Agreement • August 14th, 2007 • Globalstar, Inc. • Communications services, nec • California
Globalstar, Inc. (“Globalstar”) has granted and has promised to grant to the Participant named in the Notice of Grant of Restricted Stock Units (the ”Grant Notice”) to which this Restricted Stock Units Agreement (the “Agreement”) is attached an Award and future Awards consisting of Restricted Stock Units subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted, and any future Award provided in the Grant Notice will be granted, pursuant to the Globalstar, Inc. 2006 Equity Incentive Plan (the ”Plan”), as amended to the applicable Date of Grant, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan, a prospectus for the Plan in the form most recently registered with the U.S. Securities and Exchange Commission (the “Plan Prospectus”), and the supp
FORM OF GLOBALSTAR, INC. DESIGNATED EXECUTIVE AWARD AGREEMENTDesignated Executive Award Agreement • August 14th, 2007 • Globalstar, Inc. • Communications services, nec • California
This Award Agreement sets forth the terms and conditions of certain Awards under the Globalstar, Inc. 2006 Equity Incentive Plan (“Plan”). The Awards completely supersede and replace a supplemental executive incentive compensation program that Globalstar previously provided to Participant under a “Designated Executive Incentive Compensation Memorandum” effective as of November 1, 2004. This Award Agreement does not modify or otherwise affect Participant’s terms and conditions of employment. It does not, expressly or by implication, create a contract for, or any assurance of, a fixed or minimum duration of employment by Participant. Participant acknowledges and agrees that all agreements and understandings in this Award Agreement are expressly made subject to Globalstar’s at-will employment policy, as well as all other applicable terms and conditions of the Globalstar Personnel Policies and Procedures Manual, and the Plan.
