billyho-employmentagreem






                                                                                                                              





 






     =:: BlackBerry.        PRIVATE & CONFIDENTIAL       January 2, 2014        Billy Ho               Dear Billy,        Following our recent discussions, we are delighted to offer you the position of Executive Vice President,       Enterprise Engineering with BlackBerry, reporting to John Sims, President, Enterprise. We were       impressed with your skills and experience from the start and feel that you would be an excellent addition       to the BlackBerry team.        BlackBerry is a highly successful company and is a leading designer, manufacturerand  marketer of      innovative wireless solutions for the worldwide mobile communications market. If you join Blackberry,      you will become part of a fast-paced and dedicated team that has the drive to take wireless technologies      the next level. As a member of the Blackberry team, we would ask for your commitment to deliver      outstanding quality and results that exceed expectations. In addition, we expect your personal      accountability in all the products, actions, advice and results that you provide as a representative of      BlackBerry.        We are confident that you will find this new opportunity both challenging and rewarding. We know that      you will enjoy BlackBerry'sgreat  working environment and benefit from our commitment to providing      you with every opportunity to learn,grow  and stretch to the highest level of your ability and potential.       Please note that this offer of employment is conditional on you signing the enclosed Employment      Agreement and related documents where indicated (without alteration) and your satisfaction of all other      requirements set forth in the documents that comprise this Agreement, including successful completion of      the hiring process and pre-employment background screening program. Please do not resign from any      current employment until you have received written confirmation from BlackBerrythat  you have met      these conditions.       To confirmyo ur acceptance, please return a signed and witnessed copy of the attached Employment      Agreement and the enclosed the Business Standards and Principles documentation in the attached      envelope on or beforeJa nuary 8, 2014. Please ensure that you also sign any schedules to the Employment      Agreement as required indicating that you have read and agree to the terms and conditions of each      schedule, prior to returning the Employment Agreement.       I am looking forward to you becoming an integral part of the BlackBerry team and am confidentth at      BlackBerry will offer you the challenges and rewards you seek. I look forward, with enthusiasm, to your      acceptance of this offer.    clLisa� Brown�              Authorized Signing Officer                                                                                       #22464941 v2                                          BlackBerry Corporation            5000 Riverside Drive, Suite 100E, Irving, Texas, USA 75039 USA. tel: +1 (972) 373-1700 fax: +1 (972) 501-0894           BlackBerryand  related trademarks, names and logos are the propertyof  BlackBerry Limited and areregistered  and/orused  in                                     the U.S. and countriesaround  the world. 





 












 












 












 












 












 












 












 












 












 












 






  =;: BlackBerry,                                                                                 January 2, 2014    Billy Ho    Dear Billy,    This letter is to confirm that, in connection with your employment by BlackBerry Corporation a subsidiary of   BlackBerry Limited ("BlackBerry"), we will make the following recommendations to the Compensation,   Nomination and Governance Committee (CNG) of BlackBerry, subject to the terms set out below for each   recommendation:        (A)   Restricted Share Units (RSUs) - A recommendation will be made to the Compensation,            Nomination and Governance Committee (CNG) that you should be allowed to participate in the            BlackBerry Limited Equity Incentive Plan. We will propose that the CNG Committee approve a            grant with a value of $1,500,000 USO. The actual number of RSUs awarded will be determined            in accordance with BlackBerry's policy on granting equity awards by converting the above US            dollar value into a number of RSUs based on the closing price of BlackBerry's common shares            on Nasdaq on the grant date and rounded down to nearest RSU (whole numbers only). Any            grant will be at the sole discretion of the CNG Committee and, if made, will not be made until            the next regularly scheduled meeting of the CNG Committee to consider the grant of RSUs and            will be made in accordance with BlackBerry's  policy on granting  equity awards. The specific            terms and conditions of any RSUs granted will be governed by the BlackBerry Limited Equity            Incentive Plan and the RSU agreement relating to any such grant. We will have no responsibility            in the event the CNG Committee determines to grant you no RSUs or fewer RSUs than            recommended.                                              -AND-      (B)    Long-Term  Incentive Program (LTIP)  Eligibility - In addition, you will be eligible to            participate in BlackBerry's Long-Term Incentive Program (LTIP),  under which you may receive            an annual equity grant. LTIP  awards are at BlackBerry's discretion and subject to approval by the            CNG Committee, and subject to the terms of the BlackBerry Limited Equity Incentive Plan, as            applicable. Your eligibility to participate in the LTIP  is not a guarantee that any equity  will be            granted in a given year.   In particular (i) you will have no claim relating to your Equity Award or any losses or potential losses in the   event that your employment with BlackBerry Corporation is terminated for whatever reason (whether lawful   or unlawful) and (ii) nothing in the grant of any options to you or in the terms of this letter or of the Plan will   create or imply any  employment  relationship with BlackBerry Limited nor any right to continued   employment with BlackBerry Corporation    Yours sincerely,   BlackBerry Limited   ���   Lisa Brown   Authorized Signing Officer                                                                                Document Number: HR00838.01                                                                                Last Updated Date: 2013/09/10        BlackBerry Limited 2200 University Avenue East, Waterloo, Ontario, Canada N2K 0A7 tel:+ I (519) 888-7465 fax: + I (519) 888-1975