EX-4.4



 EXHIBIT 4.4 

AVG TECHNOLOGIES N.V. 

RESTRICTED SHARE UNIT AWARD AGREEMENT 

(PERFORMANCE VESTING) 
 THIS RESTRICTED
SHARE UNIT AWARD AGREEMENT (PERFORMANCE VESTING) (this “Agreement”) is entered into by and between: 
  

	1.	AVG TECHNOLOGIES N.V., a public limited liability company (naamloze vennootschap) incorporated under the laws of the Netherlands, having its corporate seat (statutaire zetel) at Amsterdam,
The Netherlands, its registered office at Gatwickstraat 9-39, 1043 GL Amsterdam, The Netherlands, and registered with the commercial register of the Chamber of Commerce (Kamer van Koophandel) for Amsterdam under number 52197204 (the
“Company”); and 

  

	2.	[INSERT NAME], born in [place and country of birth], on [date], residing at [address] with a [country] passport with number [number] (the “Participant”). 


The Company and the Participant hereinafter jointly and individually referred to as “Parties” respectively “Party”. 

WHEREAS 
  

	A.	As at May 7, 2013, the Supervisory Board of the Company has approved and adopted the RSU Appendix to the Amended and Restated 2013 Option Plan with respect to the grant of restricted share units for shares in the
capital of the Company, this RSU Appendix to the Amended and Restated 2013 Option Plan, as amended and restated from time to time hereinafter referred to as the “RSU Plan”, attached hereto as Annex 1, forming an integral part
of this Agreement. Unless otherwise defined herein, capitalized terms used herein shall have the meaning ascribed to them in the RSU Plan. 

  

	B.	Pursuant to the RSU Plan and any applicable country-specific appendix attached hereto, forming an integral part of this Agreement, the Participant may be granted an Award of Restricted Share Units, which represents an
unfunded and unsecured right to receive Shares, with one unit equal to one Share, subject to the terms and conditions of the RSU Plan and this Agreement. 

  

	C.	The Company and the Participant wish to confirm and put down in writing the terms and conditions of the Award to the Participant. 

  

	D.	The performance criteria set forth in Section 2.2 shall apply to the Award granted under this Agreement. 


NOW THEREFORE the Parties declare and agree as follows: 
  

	1	Grant of Restricted Share Units 

  

	1.1	The Company hereby grants to the Participant, and the Participant hereby accepts, an Award of [insert number] Restricted Share Units (the “Target RSU Award”), subject to the terms, definitions and
provisions of this Agreement, the RSU Plan and any applicable country-specific appendix attached hereto. The actual number of RSUs that will vest will depend on the extent to which the performance criteria are attained and the time-based vesting
requirements are satisfied. 









	2	Vesting of Restricted Share Units 

  

	2.1	Subject to Participant’s continued service to the Company or one of its Subsidiaries, as applicable, through the applicable vesting date, the Eligible First Installment RSUs (as defined in Section 2.2 below)
will vest on the first anniversary of the Start Date and the Eligible Second Installment RSUs (as defined in Section 2.2 below) will vest on the second anniversary of the Start Date (each, a “Vesting Date”). The vesting period
for the Eligible RSUs starts on [SPECIFY DATE] (the “Start Date”). 

  

	2.2	The number of Restricted Share Units that shall be eligible to vest in accordance with Section 2.1 shall be determined based on the achievement of the performance criteria set forth in this Section 2.2.


 “Eligible Installment RSUs” means a number of Restricted Share Units that shall be eligible to vest on
each of the Vesting Dates calculated based on the following formula: Target RSU Award x .5 x Performance Attainment Factor for the corresponding Performance Period. “Eligible First Installment RSUs” means the number of Eligible
Installment RSUs that is calculated with respect to the 2015 Performance Period and “Eligible Second Installment RSUs” means the number of Eligible Installment RSUs that is calculated with respect to the 2016 Performance Period.

 “2015 Performance Period” means January 1, 2015 through December 31, 2015. 

“2016 Performance Period” means January 1, 2016 through December 31, 2016. 

“Performance Attainment Factor” means the factor set forth below that is determined based on the extent to which the Software
Revenue Target for the corresponding Performance Period was attained. The Software Revenue Targets for each of the Performance Periods shall be communicated separately to the Participant. 

 

			
	 Software Revenue Target

Performance Attainment
	  	 Performance

Attainment Factor

	 Less than 80%
	  	0
		
	 Equal to or greater than 80% but less than 90%
	  	 Actual Software Revenue

Target Performance
 Attainment %,
multiplied by
 a factor of 0.6

		
	 Equal to or greater than 90% and less than 110%
	  	 Actual Software Revenue

Target Performance
 Attainment
%

		
	 Equal or greater than 110%
	  	150%

 “Software Revenue” for purposes of each of the Software Revenue Targets means revenue
recognized by the Company for the corresponding Performance Period from subscriptions for software and software-related services, principally including subscriptions for term-based and perpetual software licenses and hosted software solutions, as
reported in the financial statements included in the Company’s Annual Report on Form 20-F for the fiscal years coinciding with the applicable Performance Periods. 

  

			
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	2.3	Except as provided below, upon the occurrence of a Termination of Employment Event with respect to the Participant at any time prior to vesting, any unvested Restricted Share Units will be forfeited and the Participant
will have no right to the unvested Restricted Share Units or the Shares underlying the unvested Restricted Share Units. Notwithstanding the foregoing, upon a Termination Without Cause with respect to the Participant (including through
re-organization) at any time prior to the first Vesting Date, Participant shall vest with respect to a number of Restricted Share Units equal to the Eligible First Installment RSUs, multiplied by a fraction the numerator of which is the number of
full months of Participant’s service from the Start Date through the date of termination and the denominator of which is 12 months, and the Eligible Second Installment RSUs shall be forfeited. Upon a Termination Without Cause with respect to
the Participant (including through re-organization) at any time after the first Vesting Date but prior to the second Vesting Date, Participant shall vest with respect to a number of Restricted Share Units equal to the Eligible Second Installment
RSUs, multiplied by a fraction the numerator of which is the number of full months of Participant’s service from the Start Date through the date of termination and the denominator of which is 24 months. Upon the occurrence of a Termination for
Cause with respect to the Participant, any Shares obtained upon the vesting of Restricted Share Units, to the extent not sold, shall be forfeited at the moment of Termination for Cause, unless agreed otherwise by the Supervisory Board.


  

	2.4	The Participant will have no voting or other shareholder rights with respect to the Shares underlying the Restricted Share Units until the Restricted Share Units vest and Shares are issued to the Participant.


  

	3	Binding Agreement 

 The terms of this Agreement shall be binding upon the executors,
administrators, heirs, successors and assignees of the Participant. 
  

	4	Payment and Delivery 

  

	4.1	Subject to the provisions of the RSU Plan and the country-specific appendix attached hereto delivery of Shares issuable upon vesting of the Restricted Share Units shall be effected by an instrument intended for such
purpose or in such other manner as is agreed by the Supervisory Board as set forth in the RSU Plan, as soon as practicable and in any event within 30 days after the applicable Vesting Date. 


 

	4.2	Upon the occurrence of a Liquidity Event, the Restricted Share Units may vest and/or terminate as determined by the Supervisory Board in its sole discretion as set forth in Section 8 of the RSU Plan.


  

	5	Transferability, Lock-up Period 

  

	5.1	The Restricted Share Units may not be alienated, sold, assigned, transferred, pledged, garnished, or otherwise disposed of unless otherwise set forth in the RSU Plan. 


 

	5.2	Transferability of Shares issued under the RSU Plan may, for a period not exceeding one year from the date of closing of a listing, be made subject to such restrictions as the Supervisory Board, or the underwriters in
the listing acting with the approval of the Supervisory Board, may deem appropriate. 


  

			
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	6	Taxes, Costs 

  

	6.1	The administrative costs involved with the issuance of the Shares pursuant to this Agreement including the determination of the Fair Market Value of the underlying Shares shall be borne by the Company. In the event of a
dispute over these administrative costs, the costs will be borne equally by the Participant and the Company. 

  

	6.2	All other costs, including the payment to the Company of the nominal value of the Shares issued pursuant to this Agreement and Tax-Related Items, are from the account of the Participant. 


 

	6.3	The Participant acknowledges that, regardless of any action taken by the Company or, if different, the Participant’s employer (the “Employer”), the ultimate liability for all Tax-Related Items, is
and remains the Participant’s responsibility and may exceed the amount actually withheld by the Company or the Employer. The Participant further acknowledges that the Company and/or the Employer (i) make no representations or undertakings
regarding the treatment of any Tax-Related Items in connection with any aspect of the Restricted Share Units, including, but not limited to, the grant, vesting or settlement of the Restricted Share Units, the subsequent sale of Shares issued
pursuant to such settlement and the receipt of any dividends or Dividend Equivalents; and (ii) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Restricted Share Units to reduce or eliminate
the Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if the Participant relocates to another jurisdiction during the lifetime of the Participant’s Restricted Share Units, the Participant will be
responsible for notifying the company of such relocation and shall be responsible for compliance with all applicable tax requirements. If the Participant is subject to Tax-Related Items in more than one jurisdiction between the Start Date and the
date of any relevant taxable or tax withholding event, as applicable, the Participant acknowledges that the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one
jurisdiction. 

  

	6.4	Prior to the relevant taxable or tax withholding event, as applicable, the Participant agrees to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items. In this
regard, the Participant confirms that he has granted the Company and/or the Employer, or their respective agents, at their discretion an irrevocable power of attorney, to satisfy the obligations with regard to all Tax-Related Items by one or a
combination of the following: 

  

	 	(i)	withholding from the Participant’s wages or other cash compensation due to the Participant by the Company and/or the Employer; or 


 

	 	(ii)	withholding from proceeds of the sale of Shares issued upon settlement of any vested Restricted Share Units either through a voluntary sale or through a mandatory sale arranged by the Company (on the Participant’s
behalf pursuant to this authorization) without further consent; or 

  

	 	(iii)	withholding in Shares to be issued upon vesting of the Restricted Share Units. 

  

	6.5	 Depending on the withholding methods used to satisfy the Tax-Related Items, the Company may withhold or account
for Tax-Related Items by considering applicable minimum statutory withholding rates or other applicable withholding rates, including maximum applicable rates, in which case the Participant will receive a refund of any over-withheld amount in cash
and will have no entitlement to the Share equivalent. If 



  

			
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the obligation for Tax-Related Items is satisfied by withholding in Shares, for tax purposes, the Participant is deemed to have been issued the full number of Shares subject to the vested
Restricted Share Units, notwithstanding that a number of the Shares are held back solely for the purpose of paying the Tax-Related Items. 

  

	6.6	Finally, the Participant agrees to pay to the Company and/or the Employer, any amount of Tax-Related Items that the Company and/or the Employer may be required to withhold or account for as a result of the
Participant’s participation in the RSU Plan that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the Shares or the proceeds of the sale of Shares, if the Participant fails to comply with his
obligations in connection with the Tax-Related Items. 

  

	7	Dividend Equivalents 

 As long as the Participant holds Restricted Share Units granted
pursuant to this Award, the Company shall accrue for the Participant, on each date that the Company pays a cash dividend to holders of its Shares, Dividend Equivalents equal to the total number of Restricted Share Units credited to the Participant
under this Award multiplied by the dollar amount of the cash dividend paid per Share by the Company on such date. Dividend Equivalents shall accrue in an account denominated in U.S. dollars and shall not accrue interest or other credits prior to
being paid. The accrued Dividend Equivalents shall be subject to the same restrictions as the Restricted Share Units to which the Dividend Equivalents relate, and the Dividend Equivalents shall be forfeited in the event that the Restricted Share
Units with respect to which such Dividend Equivalents were credited are forfeited. Upon vesting of the Restricted Share Units, or any portion thereof, the Company shall pay to the Participant in cash all accrued Dividend Equivalents following
deduction for all applicable Tax-Related Items in accordance with Section 6 above. 
  

	8	No Employment Condition 

 The Participant explicitly acknowledges that his participation
in the RSU Plan does not constitute remuneration for any employment activity. The Participant confirms that the grant of the Restricted Share Units and the issuance of the Shares are not part of normal or expected compensation or salary for any
purposes, including, but not limited to, calculating any severance, resignation, redundancy, and/or service payments, bonuses, long service awards, pension or retirement benefits or similar payments. 

 

	9	Nature of Grant  

 In accepting the Restricted Share Units, the Participant
acknowledges, understands and agrees that: 
  

	 	(i)	the RSU Plan is established voluntarily by the Company, it is discretionary in nature, and may be amended, suspended or terminated by the Company at any time; 


 

	 	(ii)	the grant of the Restricted Share Unit is voluntary and occasional and does not create any contractual or other right to receive future Awards, or benefits in lieu of Restricted Share Units, even if Restricted Share
Units have been granted in the past; 

  

	 	(iii)	all decisions with respect to future Restricted Share Unit Awards or other grants, if any, will be at the sole discretion of the Company; 


  

			
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	 	(iv)	the grant of the Restricted Share Units and the Participant’s participation in the RSU Plan shall not create a right to employment or be interpreted as forming an employment or service contract with the Company,
the Employer or any Subsidiary, and shall not interfere with the ability of the Company, the Employer or any Subsidiary, as applicable, to terminate the Participant’s employment or service relationship (if any); 


 

	 	(v)	the Participant is voluntarily participating in the RSU Plan; 

  

	 	(vi)	the Restricted Share Units and any Shares issued under the RSU Plan are not intended to replace any pension rights or compensation; 


 

	 	(vii)	the future value of the Shares underlying the Restricted Share Units is unknown and indeterminable; 

  

	 	(x)	no claim or entitlement to compensation or damages shall arise from forfeiture of the Restricted Share Unit resulting from the occurrence of a Termination of Employment Event (for any reason whatsoever, whether or not
later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any), and in consideration of the grant of the Restricted Share Units to
which the Participant is otherwise not entitled, the Participant irrevocably agrees never to institute any claim against the Company, any of its Subsidiaries or the Employer, waives his ability, if any, to bring any such claim, and releases the
Company, its Subsidiaries and the Employer from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction, then, by participating in the RSU Plan, the Participant shall be deemed irrevocably to
have agreed not to pursue such claim and agree to execute any and all documents necessary to request dismissal or withdrawal of such claim; 

  

	 	(xi)	unless otherwise provided in the RSU Plan or by the Company in its discretion, the Restricted Share Units and the benefits evidenced by this Agreement do not create any entitlement to have the Restricted Share Units or
any such benefits transferred to, or assumed by, another company nor to be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the Shares of the Company; and 


 

	 	(xii)	the Participant acknowledges and agrees that neither the Company, the Employer nor any Subsidiary shall be liable for any foreign exchange rate fluctuation between the Participant’s local currency and the United
States Dollar that may affect the value of the Restricted Share Units or of any amounts due to the Participant pursuant to the vesting and settlement of the Restricted Share Unit or the subsequent sale of any Shares issued upon settlement.


  

	10	No Advice Regarding Grant 

 The Company is not providing any tax, legal, securities,
insider trading, financial or other advice, nor is the Company making any recommendations regarding the Participant’s participation in the RSU Plan, or the Participant’s acquisition or sale of the underlying Shares. The Participant is
hereby advised to consult with his own personal tax, legal and financial advisors regarding his participation in the RSU Plan before taking any action related to the RSU Plan. 

The Participant is subject to and should be aware of the Company’s insider-trading policy and related applicable laws. 

  

			
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	11	Data Privacy 

 By signing this Agreement, the Participant hereby
explicitly and unambiguously consents to the collection, use, processing and transfer, in electronic or other form, of the Participant’s personal data as described in this Agreement and any other Restricted Share Unit grant materials by and
among, as applicable, the Company, its Subsidiaries and/or the Employer for the purpose of implementing, administering and managing the Participant’s participation in the RSU Plan. The Participant understands that the Company, its Subsidiaries
and/or the Employer may hold certain personal information about the Participant, including, but not limited to, the Participant’s name, home address and telephone number, date of birth, social insurance number or other identification number,
salary, nationality, job title, any Shares or directorships held in the Company, details of all Restricted Share Units or any other entitlement to shares awarded, canceled, vested, unvested or outstanding or paid in the Participant’s favor
(“Data”), for the purpose of implementing, administering, managing or maintaining the RSU Plan. The Participant understands that Data may be transferred to Global Shares, Morgan Stanley Smith Barney (“MSSB”), Collins Stewart or
other broker or third party service provider as may be selected by the Company in the future, which is assisting the Company with the implementation, administration and management of the RSU Plan. The Participant understands that the recipients of
the Data may be located in the European Economic Area or elsewhere, and that the recipient’s country (e.g., the United States) may have different data privacy laws and protections than the Participant’s country. The Participant understands
that he may request a list with the names and addresses of any potential recipients of the Data by contacting the stock plan service provider or General Counsel. The Participant authorizes the Company, Global Shares, MSSB, Collins Stewart or other
broker or third party service provider selected by the Company and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and managing the RSU Plan to receive, possess, use, process,
retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering, managing and maintaining the Participant’s participation in the RSU Plan. The Participant understands that Data will be held as long as
is necessary to implement, administer, manage and maintain the Participant’s participation in the RSU Plan. The Participant understands that he may, at any time, view Data, request additional information about the storage and processing of
Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the stock plan service provider or Chief Legal Officer. Further, the Participant understands that he is
providing the consents herein on a purely voluntary basis. If the Participant does not consent, or if the Participant later seeks to revoke his consent, his employment status or service and career with the Company and/or Employer will not be
adversely affected; however, refusing or withdrawing the Participant’s consent may result in the Company not being able to grant the Participant Restricted Share Units or other equity awards or administer or maintain such awards. Therefore, the
Participant understands that refusing or withdrawing his consent may affect the Participant’s ability to participate in the RSU Plan. For more information on the consequences of the Participant’s refusal to consent or withdrawal of
consent, the Participant understands that he may contact the stock plan service provider or Chief Legal Officer. 
  

	12	Notices 

 Each notice, demand or other communication given or made under this Agreement
shall be in writing and delivered or sent to the relevant Party at its address or fax number set 

  

			
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 out below (or such other address or fax number as the addressee has by five (5) days’
prior written notice specified to the other Parties): 
 AVG Technologies N.V. 

 

			
	 Address:
	 	Gatwickstraat 9-39,
		 	1043 GL Amsterdam, The Netherlands
	 Telephone no:
	 	+31 20 522 6210
	 Fax no:
	 	+31 20 522 6211
	 Attention:
	 	The Management Board

 Participant 
  

			
	 Address:
	 	[INSERT]
	 Telephone no:
	 	[INSERT]
	 Email:
	 	[INSERT]

  

	13	Release 

 Participant hereby agrees that, in consideration for the grant of the
Restricted Share Units, the Participant hereby releases and discharges the Company, and its present, former and future successors, assigns, representatives, agents, affiliates, officers, directors, direct or indirect shareholders or employees, and
any affiliates of any of the foregoing, from any and all actions, causes of actions, claims, suits, obligations, penalties, costs, losses, interest, expenses, liabilities, damages, punitive damages, contracts, agreements, promises and demands of any
kind whatsoever, whether existing or contingent, known or unknown, which may have arisen prior to the date hereof with respect to the Company or any of its affiliates, in connection with the Restricted Share Units and the underlying Shares, or in
general in connection with the grant of the Restricted Share Units to the Participant. 
  

	14	Applicable Law, Disputes, Domicile  

  

	14.1	This Agreement shall be governed by and construed in accordance with the laws of the Netherlands. 

  

	14.2	All disputes relating to this Agreement shall be submitted exclusively to the competent court of law in Amsterdam, the Netherlands. 


 

	14.3	The Participant hereby elects domicile with respect to all matters arising out of or relating to this Agreement at the Participant’s most recent address as shown from time to time in the personnel or other records
of the Company or its Subsidiaries. 

  

	15	Gender 

 Words of any gender used in this Agreement shall be held and construed to
include any other gender, unless the context requires otherwise. 
  

	16	Electronic Delivery and Acceptance 

 The Company may, in its sole discretion, decide to
deliver any documents related to current or future participation in the RSU Plan by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the RSU Plan through an on-line or
electronic system established and maintained by the Company or a third party designated by the Company. 

  

			
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	17	Language 

 If the Participant has received any explanation or translation of this
Agreement, or any other document related to the Restricted Share Units and/or the RSU Plan translated into a language other than English and if the explanation or meaning of the translated version is different than the English version, the English
version of the Agreement will control. 
  

	18	Partial Invalidity and Compliance 

 If any one or more of the provisions in this
Agreement or any portion thereof shall be invalid, illegal, or unenforceable in any respect, this Agreement shall be ineffective only as to such portion and only to the extent of such invalidity, illegality or unenforceability, and such invalidity,
illegality or unenforceability, shall not in any way affect or impair the validity, legality and enforceability of any other provision contained herein. The Parties agree that each of them shall endeavor in good faith to replace any such invalid,
illegal or unenforceable provision(s) (or such portions thereof) with valid, legal and enforceable provisions the economic effect of which is as close as possible to that of the invalid, illegal or unenforceable provision(s). 

 

	19	Appendix 

 Notwithstanding any provisions in this Agreement, the Restricted Share Units
shall be subject to any special terms and conditions set forth in any country-specific appendix to this Agreement (“Appendix”) for the Participant’s country of residence (and country of employment, if different). Moreover, if
the Participant transfers his residence and/or employment to another country included in the Appendix, the special terms and conditions for such country will apply to the Participant, to the extent the Company determines that the application of such
terms and conditions is necessary or advisable for legal or administrative reasons (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Participant’s transfer). 

 

	20	Interpretation 

 The Appendix constitutes part of this Agreement. In the event of any
inconsistency between the Appendix and the Agreement, the Appendix shall control, and in all instances, the Plan terms shall govern and control the Agreement and Appendix. 
  

	21	Imposition of Other Requirements 

 The Company reserves the right to impose other
requirements on the Participant’s participation in the RSU Plan, on the Restricted Share Units and on any Shares acquired at vesting of the Restricted Share Units, to the extent the Company determines it is necessary or advisable for legal or
administrative reasons, and to require the Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
  

	22	Waiver 

 The Participant acknowledges that a waiver by the Company of breach of any
provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by the Participant or any other Nominees. 

  

			
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	23	Code Section 409A for U.S. Taxpayers 

 This Award is intended to be exempt from
Code Section 409A and shall be interpreted, operated and administered in a manner consistent with such intent. This Agreement may be amended at any time, without the consent of any Party, to avoid the application of Code Section 409A in a
particular circumstance or that is necessary or desirable to satisfy any of the requirements under Code Section 409A, but the Company shall not be under any obligation to make any such amendment. Nothing in the Agreement shall provide a basis
for any person to take action against the Company or any Subsidiary based on matters covered by Code Section 409A, including the tax treatment of any Shares acquired under the RSU Plan, and neither the Company nor any of its Subsidiaries shall
under any circumstances have any liability to any participant or his or her estate or any other party for any taxes, penalties or interest due on amounts paid or payable under this Agreement, including taxes, penalties or interest imposed under Code
Section 409A. 
  

	24	Compliance with Laws; Repatriation 

 Notwithstanding any other provision of the RSU Plan
or this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the Shares, the Company shall not be required to deliver any Shares issuable upon vesting of the Award prior to
the completion of any registration or qualification of the Shares under any local, state, federal or foreign securities or exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission (“SEC”), the
Dutch Autoriteit Financiële Markten (“AFM”) or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any governmental agency, which registration, qualification or approval the Company
shall, in its absolute discretion, deem necessary or advisable. The Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, the AFM or any securities commission or to seek approval or clearance
from any governmental authority for the issuance or sale of the Shares. Further, the Participant agrees that the Company shall have unilateral authority to amend the RSU Plan and the Agreement without the Participant’s consent to the extent
necessary to comply with securities or other laws applicable to issuance of Shares. 
 In addition, as a condition to the grant of the
Restricted Share Units, the Participant agrees to repatriate all payments attributable to the Shares and/or cash acquired under the RSU Plan (including, but not limited to, dividends, dividend equivalents and any proceeds derived from the sale of
the Shares acquired pursuant to the Restricted Share Units) if required by and in accordance with local foreign exchange rules and regulations in the Participant’s country of residence (and country of employment, if different). In addition, the
Participant also agrees to take any and all actions, and consents to any and all actions taken by the Company and the Employer, as may be required to allow the Company and the Employer to comply with local laws, rules and regulations in the
Participant’s country of residence (and country of employment, if different). 
  

	25	Not a Public Offering 

 The grant of the Restricted Share Units is not intended to be a
public offering of securities in the Participant’s country of residence (or country of employment, if different). The Company has not submitted any registration statement, prospectus or other filings with the local securities authorities
(unless otherwise required under local law), and the grant of the Restricted Share Units is not subject to the supervision of the local securities authorities. 

  

			
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	26	Insider Trading Restrictions/Market Abuse Laws 

 The Participant acknowledges that,
depending on his or her country of residence, the Participant may be subject to insider trading restrictions and/or market abuse laws, which may affect his or her ability to acquire or sell Shares or rights to Shares (e.g., Restricted Share
Units) under the RSU Plan during such times as the Participant is considered to have “inside information” regarding the Company (as defined by the laws in the Participant’s country). Any restrictions under these laws or regulations
are separate from and in addition to any restrictions that may be imposed under any applicable Company insider trading policy. The Participant is solely responsible for ensuring his or her compliance with any applicable restrictions and is advised
to consult his or her personal legal advisor on this matter. 
  

	27	Entire Agreement 

 This Agreement represents the entire understanding and agreement
between the Parties with respect to the subject matter of this Agreement and supersedes and replaces all previous agreements, arrangements, understandings, rights, obligations and liabilities between the Parties in respect of such matters. 

 

	28	Counterparts 

 This Agreement may be executed in any number of counterparts each of
which when executed and delivered by one or more of the Parties to this Agreement is an original, but all the counterparts together constitute the same document. 

  

			
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 ANNEX 1 

RSU PLAN 

  

			
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 APPENDIX TO 

AVG TECHNOLOGIES N.V. 

RESTRICTED SHARE UNIT AWARD AGREEMENT (PERFORMANCE VESTING) 

Certain capitalized terms used but not defined in this Appendix have the meanings set forth in the RSU Plan and/or the Agreement. 

Terms and Conditions 
 This Appendix includes additional
terms and conditions that govern the Restricted Share Units granted to the Participant under the RSU Plan if he is employed or resides in a country identified in the Appendix. 

Notifications 
 This Appendix may also include
information regarding exchange controls and certain other issues of which the Participant should be aware with respect to his participation in the RSU Plan. The information is based on the securities, exchange control, and other laws in effect in
the respective countries as of May 2015. Such laws are often complex and change frequently. As a result, the Company strongly recommends that the Participant not rely on the information in this Appendix as the only source of information relating to
the consequences of the Participant’s participation in the RSU Plan because the information may be out of date at the time the Restricted Share Units vest, the Shares underlying the Restricted Share Units are issued or the Participant sells
Shares acquired under the RSU Plan. 
 In addition, the information contained herein is general in nature and may not apply to the Participant’s
particular situation, and the Company is not in a position to assure the Participant of a particular result. Accordingly, the Participant is advised to seek appropriate professional advice as to how the relevant laws in his country may apply to the
Participant’s situation. 
 Finally, if the Participant is a citizen or resident of a country other than the one in which he is currently working, or
is considered a resident of another country for local law purposes, or if the Participant transfers employment and/or residency to another country after the Restricted Share Units have been granted, the notifications contained herein may not be
applicable in the same manner. In addition, additional terms and conditions for such country shall apply to the extent the Company determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable to
comply with local law, rules and regulations or to facilitate the operation and administration of the Restricted Share Units and the RSU Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to
accommodate the Participant’s transfer). 
 AUSTRALIA 

Terms and Conditions 
 Restricted Share Units Payable
Only in Shares 
 Restricted Share Units granted to the Participant in Australia shall be paid in Shares only and do not provide any right for the
Participant to receive a cash payment, notwithstanding any discretion contained in the RSU Plan to the contrary. 

  

			
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 Restricted Share Units Conditioned on Satisfaction of Regulatory Obligations 

If the Participant is: (a) a director of a Subsidiary incorporated in Australia; or (b) a person who is a management-level executive of a Subsidiary
incorporated in Australia and who also is a director of a Subsidiary incorporated outside of Australia, the grant of the Restricted Share Units is conditioned upon satisfaction of the shareholder approval provisions of section 200B of the
Corporations Act 2001 (Cth) in Australia. 
 Notifications 

Securities Law Information 
 If the Participant acquires
Shares pursuant to the Restricted Share Units and offers the Shares for sale to a person or entity resident in Australia, such offer may be subject to disclosure requirements under Australian law. The Participant should obtain legal advice as to his
or her disclosure obligations prior to making any such offer. 
 CANADA 

Restricted Share Units Payable Only in Shares 

Restricted Share Units granted to the Participant in Canada shall be paid in Shares only and do not provide any right for the Participant to receive a cash
payment, notwithstanding any discretion contained in the RSU Plan to the contrary. 
 Vesting of Restricted Share Units 

The following provision supplements Article 2.3 of the Agreement: 

For purposes of the Restricted Share Units, in the event of an occurence of a Termination of Employment Event, the Participant’s right to receive the
Restricted Share Units and vest under the RSU Plan, if any, will terminate at the earlier of: (a) the date of the occurence of the Termination of Employment Event; (b) the date the Participant receives notice of the Termination of
Employment Event, regardless of any notice period or period of pay in lieu of such notice required under any employment law in the country where the Participant resides (including, but not limited to, statutory law, regulatory law and/or common law)
even if such law is otherwise applicable to the Participant’s employment benefits from the Employer; or (c) the date of which the Participant is no longer actively employed by or actively providing services to the Company or the Employer.
The Company and the Employer shall have exclusive discretion to determine the date of the occurence of the Termination of Employment Event. 
 The
following terms and conditions apply to Participants resident in Quebec: 
 Language 

The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 
 Les parties reconnaissent avoir expressement
souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement
à la présente convention, soient rédigés en langue anglaise. 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	14









 Data Privacy 

Participant hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel,
professional or not, involved in the administration and operation of the RSU Plan. Optionee further authorizes the Company and any Subsidiary or affiliate and administrators to disclose and discuss the Option Plan with their advisors and to record
all relevant information and keep such information in Optionee’s employee file. 
 Notifications 

Securities Law Information 
 The Participant is permitted
to sell Shares acquired under the RSU Plan through the designated broker appointed under the RSU Plan, if any, provided the resale of Shares acquired under the RSU Plan takes place outside Canada through the facilities of a stock exchange on which
the Shares are listed. The Shares are currently listed on the New York Stock Exchange. 
 Foreign Asset/Account Reporting Information 

The Participant is required to report any foreign property (including Shares acquired under the RSU Plan) on Form T1135 (Foreign Income Verification
Statement) if the total cost of Participant’s foreign property exceeds CAD100,000 at any time in the year. Unvested RSUs also must be reported (generally at nil cost) on Form 1135 if the CAD100,000 threshold is exceeded due to other foreign
property held. The Form T1135 must be filed at the same time the individual’s files his annuan tax return. The Participant should consult a personal legal advisor to ensure compliance with applicable reporting obligations. 

CZECH REPUBLIC 
 Notifications 

Exchange Control Information 
 The Participant may be
requested by the Czech National Bank (the “CNB”) to fulfill certain reporting requirements in relation to the Restricted Share Units and the Shares acquired under the RSU Plan. The Participant may need to report the following even
in the absence of a request from the CNB: foreign direct investments with a value of CZK 2,500,000 or more in the aggregate or other foreign financial assets with a value of CZK 200,000,000 or more. The Participant should consult a personal legal
advisor to ensure compliance with applicable reporting obligations. 
 CYPRUS 

There are no country-specific terms and conditions or notifications. 

FINLAND 
 There are no country-specific terms and
conditions or notifications. 
 FRANCE 
 Terms and
Conditions 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	15









 Language 

The parties acknowledge that it is their express wish that the Agreement, as well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 
 Les parties reconnaissent avoir expressement
souhaité que la convention [“Agreement”], ainsi que tous les documents, avis et procédures judiciaries, éxecutés, donnés ou intentés en vertu de, ou lié, directement ou indirectement
à la présente convention, soient rédigés en langue anglaise. 
 Notifications 

Foreign Asset/Account Reporting Information 
 The
Participant acknowledges and understands that the Participant may hold Shares acquired under the RSU Plan outside of France, provided that the Participant declares all foreign accounts, whether open, current, or closed, in the Participant’s
income tax return. 
 GERMANY 
 Notifications

 Exchange Control Information 
 Cross-border
payments in excess of EUR12,500 must be reported electronically to the German Federal Bank (Bundesbank). The Participant is responsible for completing the form of the report (“Allgemeine Meldeportal Statistik”), which can be
accessed via the Bundesbank’s website (www.bundesbank.de) and is available in both German and English. 
 ISRAEL 

Terms and Conditions 
 Restricted Share Units Payable
Only in Shares 
 Restricted Share Units granted to the Participant in Israel shall be paid in Shares only and do not provide any right for the
Participant to receive a cash payment, notwithstanding any discretion contained in the RSU Plan to the contrary. 
 Trust Arrangement 

The Participant understands and agrees that the Award is offered subject to and in accordance with the terms of the Israel Appendix to the RSU Plan (the
“Israel Appendix”), and the trust agreement between the trustee appointed by the Company and the Agreement. In the event of any inconsistencies between the Israel Appendix, the Agreement and/or the RSU Plan, the Israel Appendix will
govern the Award to the Participant in Israel. 
 Dividend Equivalents 

For the sake of clarity, the Dividend Equivalents shall be subject to the vesting conditions on the Restricted Share Units, but they will not be subject to
the tax treatment or any restrictions on the Restricted Share Units or Shares under the Israel Appendix. 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	16









 THE NETHERLANDS 

Notifications 
 Insider Trading Information 

The Participant should be aware of the Dutch insider-trading rules, which may impact the sale of Shares acquired at vesting and settlement of the Restricted
Share Units. In particular, the Participant may be prohibited from effectuating certain transactions if the Participant has inside information about the Company. 

Under Article 5:56 of the Dutch Financial Supervision Act, anyone who has “inside information” related to an issuing company is prohibited from
effectuating a transaction in securities in or from the Netherlands. “Inside information” is defined as knowledge of specific information directly or indirectly relating to the issuing company or concerning the trade in securities issued
by such company, which has not been made public and of which a public disclosure could have a significant effect on the share price or its financial derivatives. The insider could be any employee of the Company or a Subsidiary in the Netherlands who
has inside information as described herein. 
 If the Participant is uncertain whether the insider-trading rules apply to him, the Participant should
consult the Company’s insider-trading policy and his personal legal advisor. 
 NORWAY 

There are no country specific provisions. 
 SWITZERLAND

 There are no country specific provisions. 
 UNITED
KINGDOM 
 Terms and Conditions 
 Restricted
Share Units Payable Only in Shares 
 Restricted Share Units granted to the Participant in the United Kingdom shall be paid in Shares only and do not
provide any right for the Participant to receive a cash payment, notwithstanding any discretion contained in the Plan to the contrary. 
 Tax
Requirements 
 The following provision supplements Article 6 of the Agreement: 

If payment or withholding of the income tax due in connection with the Restricted Share Units is not made within ninety (90) days after the end of the
U.K. tax year (April 6 - April 5) in which the event giving rise to such income tax liability occurs or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due
Date”), the amount of any uncollected income tax shall constitute a loan owed by the Participant to the Employer, effective on the Due Date. The Participant agrees that the loan will bear interest at the official rate of Her Majesty’s
Revenue and Customs (“HMRC”) and will be immediately due and repayable by the Participant, and the Company and/or the Employer may recover it at any time thereafter by any of the means referred to in Article 6 of the Agreement.


  

			
	AVG Performance RSU Agreement and appendix (2015)	 	17









 Notwithstanding the foregoing, if the Participant is an officer or executive director of the Company (within the
meaning of Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), the Participant shall not be eligible for a loan to cover the income tax due as described above. Instead, the amount of any uncollected income tax may
constitute a benefit to the Participant on which additional income tax and National Insurance contributions may be payable. The Participant acknowledges that the Participant will be responsible for reporting and paying any income tax due on this
additional benefit directly to HMRC under the self-assessment regime and for paying the Company or the Employer (as applicable) for the value of any employee National Insurance contributions due on this additional benefit. The Participant further
acknowledges that the Company or the Employer may recover such amounts from the Participant by any of the means referred to in Article 6 of the Agreement. 

UNITED STATES OF AMERICA 
 Terms and Conditions

 Tax Requirements 
 The Shares underlying the
vested Restricted Share Units will be delivered no later than 2  1⁄2 months after the last day of the year in which the Restricted Share Units vest. Further,
upon a separation of service (as defined in Section 409A), for Restricted Share Units that constitute non-qualified deferred compensation subject to Code Section 409A, the payout must be deferred for six months post-separation of service
for certain key employees. 
 Notifications 

Foreign Asset/Account Reporting Information 
 Under the
Foreign Account Tax Compliance Act (“FATCA”), United States persons who hold Shares or rights to acquire Shares (i.e., Restricted Share Units) may be required to report certain information related to their holdings in Shares
to the extent the aggregate value of the Shares exceeds certain thresholds (depending on the Participant’s filing status) with the Participant’s annual tax return. The Participant is advised to consult with his or her personal tax or legal
advisor regarding any FATCA reporting requirements with respect to the Restricted Share Units or any Shares acquired under the RSU Plan. 
 In addition,
U.S. citizens who have signature or other authority over, or a financial interest in, bank, securities or other financial accounts outside of the United States (including a non-U.S. brokerage account holding the Shares or proceeds from the sale
of Shares) must file a Foreign Bank and Financial Accounts Report (“FBAR”) with the United States Internal Revenue Service each calendar year in which the aggregate value of the accounts exceeds USD10,000 at
any time during the calendar year. The FBAR must be on file by June 30 of each calendar year on form 8938 for accounts held in the previous year which exceed the aggregate value. Importantly, individuals who are not U.S. citizens but
have become U.S. tax residents also must annually file an FBAR to report their specified financial assets outside of the U.S. 
 Insider Trading
Information 
 If the Participant is aware of important inside information he must not sell Shares of the Company, whether acquired upon vesting and
settlement of the Restricted Share Units or otherwise, before dissemination of the information to the public. Basically, “inside information” is information that is both very important (material) and non-public (not disclosed through press
releases, newspaper articles or otherwise to the public which buys and sells securities). Whether information is material will depend on the specific circumstances. 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	18









 
A general test is whether dissemination of the information to the public would be likely to affect the market price of the Shares or would be likely to be considered important by people who are
considering whether to buy or sell the Shares. Certainly if the information makes the Participant want to buy or sell, it would probably have the same effect on others. Material information may include projections, estimates or proposals. 

If the Participant is contemplating selling his Shares and thinks he might have “inside information,” he must discuss the possible sale with the
Company’s General Counsel. If, after this discussion, it is determined that the information is in fact inside information, the Participant must wait to sell his Shares until after the information has been made public. 

If the Participant is uncertain whether the insider-trading rules apply to him, the Participant should consult the Company’s insider-trading policy
and his personal legal advisor. 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	19









 ANNEX 2 

Acknowledgement to terms and conditions of the RSU PLAN 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	20









 BY CLICKING ACCEPT OR ELECTRONICALLY ACCEPTING THIS RESTRICTED SHARE UNIT AWARD AGREEMENT VIA A LINK TO THE
COMPANY’S WEBSITE, YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE READ, FULLY UNDERSTOOD AND AGREE TO THE TERMS AND CONDITIONS OF THIS RESTRICTED SHARE UNIT AWARD AGREEMENT (INCLUDING ANY COUNTRY-SPECIFIC APPENDIXES THERETO), THE APPLICABLE RSU PLAN
AND ANY OTHER GRANT MATERIALS PROVIDED TO YOU WITH RESPECT TO YOUR RESTRICTED SHARE UNITS. 
  

DATED
                                         
       2015 
 Between 

AVG Technologies N.V. 

and 
 [[Mr./Ms.] [
• ]] 
  
  

AGREEMENT FOR RESTRICTED SHARE UNITS 

(PERFORMANCE VESTING) 
  

 

  

			
	AVG Performance RSU Agreement and appendix (2015)	 	21