Document:

Customer Agreement

 Exhibit 10.1 
 Global Futures and Options Department 
 Deutsche Bank Securities Inc. 

60 Wall Street 
 New York, New York 10019

 Telephone (212) 250-2034 

Telefax (212) 797-2042 

FUTURES AND OPTIONS AGREEMENT 
 FOR INSTITUTIONAL CUSTOMERS 
 In consideration of the acceptance by
Deutsche Bank Securities Inc. (which, together with its affiliates (“Affiliates”) is referred to as “DBSI” unless otherwise specified herein) of one or more accounts for the undersigned, PowerShares DB US Dollar Index Trust, a
Delaware Statutory Trust organized in series (the “Trust”) with respect to one of its series, PowerShares DB US Dollar Index Bullish Fund (“Customer”) (all accounts of the Customer with DBSI being collectively referred to as the
“Account”), Customer agrees that this Agreement shall govern all dealings between Customer and DBSI relating to transactions that DBSI may execute, clear and/or carry on Customer’s behalf for the purchase or sale of futures contracts
(“Futures Contracts”) or options thereon (“Option Contracts”; Futures Contracts and Option Contracts collectively being “Contracts”). 

 

 1. Relevant Law. 
 The Account and every Contract executed and/or cleared by DBSI on Customer’s behalf shall be subject to (a) this Agreement; (b) the Commodity Exchange Act, as amended (“CEA”) and
all rules, regulations and interpretations of the Commodity Futures Trading Commission (the “Commission”); (c) all rules, regulations and interpretations of the National Futures Association (“NFA”); and (d) the
constitution, by-laws, rules, interpretations and customs of each applicable exchange and clearing organization (each exchange and clearing house being collectively an “Exchange”) ((b) through (d), as in effect from time to time,
collectively being “Relevant Law”). 
 2. Margin. 
 (a) The Trust, on behalf of the Customer, agrees that it will deposit and maintain cash, acceptable securities or other assets (as defined in Section 2(d)), in order to satisfy initial and variation
margin requirements and make any premium payments in connection with each Contract, in the amount, at the times and in the manner required by DBSI or Relevant Law. DBSI has no obligation to set uniform margin requirements, commissions or other
charges and DBSI’s margin requirements may exceed Exchange requirements. After providing Customer with reasonable prior notice, DBSI, exercising reasonable discretion, may change the margin requirements for any Account or Contract. 

 

 (b) DBSI will comply with all applicable provisions of the CEA and Commission regulations
relating to the segregation and handling of customer property with respect to property deposited by the Trust, on behalf of the Customer. Without limitation of the foregoing, DBSI will not pledge, rephypothecate, loan or invest any such property
except in connection with the margining of Contracts entered into by the Trust, on behalf of the Customer. Any property deposited by the Trust, on behalf of the Customer, may be transferred or pledged by DBSI to any Exchange or clearing broker to
satisfy obligations of customers of DBSI. 
 (c) DBSI agrees that it will pay Customer interest on cash margin deposited by
the Trust, on behalf of the Customer, at rates mutually agreed to from time to time. Customer will receive all interest or other distributions or income on securities Customer has deposited with DBSI. 

(d) For purposes of this Section, acceptable securities or other assets means securities or other assets acceptable (i) under the
rules of the relevant Exchange and (ii) to DBSI in its reasonable discretion. The value of acceptable securities or other assets deposited in Customer’s Accounts will be determined by DBSI in its reasonable judgment. 

(e) Customer will be entitled to or responsible for any profit, loss or risk, and any related costs, arising from currency conversions
or exposures incidental to Customer’s trading of Contracts (including those related to the margining of Contracts denominated in currencies other than those deposited by Customer).

 
Any currency conversions will be made at DBSI’s then current rates of exchange. 

3. Other Payments To DBSI. 
 The Trust, on behalf of the Customer, agrees to pay (i) commissions and brokerage charges for each Contract and Account as mutually agreed by Customer and DBSI from time to time; (ii) all fees,
charges, taxes, fines and penalties incurred by DBSI or imposed by any regulatory or self-regulatory organization (including any Exchange) with respect to such Contracts or Accounts; (iii) any and all losses, debit balances or deficiencies in
any Account; and (iv) any interest on any deficiencies or debit balance in such Account and on any funds advanced to or provided on behalf of Customer at a rate to be agreed upon by the Trust, on behalf of the Customer, and DBSI. Such interest
rate shall be confirmed to Customer in writing. 
 4. Option Exercise; Delivery. 

(a) The Trust, on behalf of the Customer, is required to give DBSI notice of any intention to make or take delivery under any Futures
Contract or to exercise any Option Contract, in accordance with DBSI’s instructions, and to satisfy any payment or delivery requirements in connection with its performance under such Futures or Option Contracts. 

(b) The Trust, on behalf of the Customer, understands that certain Option Contracts are subject to exercise at any time. Upon the
receipt of an exercise notice for this type of Option Contract, DBSI will allocate the notices in accordance with Relevant Law to customers who have open short positions in the Option Contract (including Customer). The assignment of any exercise
notice to Customer by DBSI will be final and binding upon Customer. DBSI will use reasonable efforts to notify Customer of any assignment of an exercise notice to Customer. 
 (c) If the Trust, on behalf of the Customer, does not furnish DBSI with instructions regarding the disposition of a Contract within the time specified by DBSI, DBSI will be entitled to take or refrain
from taking any action it deems appropriate and will have no liability to Customer. These actions might include the exercise of, or failure to exercise, an Option Contract or the liquidation of any Contract on any Exchange (including those Exchanges
whose rules provide for automatic exercise). 

 

 5. Position Limits. 
 (a) The Trust, on behalf of the Customer, agrees to comply with the position limits established by Relevant Law, to notify DBSI promptly if it is required to file any position report and, upon request,
promptly to provide copies of any such reports to DBSI. 
 (b) Upon reasonable notice to Customer, DBSI may limit the size and
number of open Contracts (net or gross) that Customer may execute, clear and/or carry with it. DBSI’s position limits may be more restrictive than the limits imposed under Relevant Law. The Trust, on behalf of the Customer, agrees that it will
not place any order, which, if filled, would cause Customer to exceed these limits. Further, DBSI may require Customer to liquidate any open positions carried in Customer’s Account, and may refuse to accept any order of Customer establishing a
new position in order to comply with such limits. 
 (c) DBSI may in its sole discretion select executing brokers, clearing and non-clearing
brokers and floor brokers, whether or not affiliated or related to DBSI, to execute, clear or carry Customer’s transactions hereunder. 

6. Advice; No Warranty as to Information, Etc. 
 (a) The Trust, on behalf of the Customer, acknowledges and agrees that: (i) Customer and any advisor of Customer have sole responsibility for all decisions for the Account; (ii) DBSI is not an
advisor or fiduciary with respect to Customer, any Account or any action of Customer in connection with an Account or Contract and DBSI assumes no responsibility for compliance with any law or regulation governing the conduct of any such fiduciary
or advisor or for Customer’s compliance with any law or regulation governing or affecting Customer; (iii) DBSI makes no representation, warranty or guarantee as to, and will not be liable or responsible for, the accuracy, completeness or
reliability of any advice or recommendation, or any market information, furnished to Customer; (iv) recommendations to Customer as to any particular transaction at any given time may differ among DBSI’s personnel and may vary from any
recommendations made to others; and (v) any advice provided by DBSI with respect to a Contract or Account is incidental to DBSI’s business as a futures commission merchant and will not serve as the primary basis for any decision by or on
behalf of Customer. 
 (b) The Trust, on behalf of the Customer, agrees that DBSI, its officers, directors, stockholders,
representatives or associated persons may have certain conflicts of interest in connection with the services contemplated hereby, including but not limited to conflicts arising from positions established for their

  
 -2-

 
proprietary accounts in Contracts that are the subject of market recommendations furnished to Customer. Such positions or other actions of such persons may not be consistent with any
recommendations furnished to Customer by DBSI. 
 7. Trust and Customer Representations, Warranties and Agreements. 

The Trust, and to the extent applicable, the Trust on behalf of the Customer, represents and warrants to DBSI that as of the date of
this Agreement and on the date each transaction relating to a Contract or Account is entered into under this Agreement: 
 (a)
(i) The Trust is duly organized under the laws of the applicable jurisdiction and the execution, delivery and performance of this Agreement by the Trust, on behalf of the Customer, have been authorized by all necessary corporate or other action;
(ii) the Trust, on behalf of the Customer, has full power and authority to enter into this Agreement and to perform its obligations under this Agreement; (iii) this Agreement is valid and binding on the Trust, on behalf of the Customer, is
enforceable against it in accordance with its terms and neither this Agreement nor the trading of Contracts violate Relevant Law or any other law or regulation governing or affecting Customer’s activities under this Agreement or any order or
agreement applicable to Customer or Customer’s property; (iv) the Trust, on behalf of the Customer, has and will maintain in full force and effect any and all necessary governmental or other approvals or authorizations to execute and
deliver this Agreement, perform its obligations hereunder; (v) the Trust, on behalf of the Customer, and any other person involved in the management of Customer or its Account, are in compliance with all Relevant Law and any other law or
regulation governing or affecting Customer’s activities under this Agreement, including but not limited to all applicable registration requirements; and (vi) the Trust, on behalf of the Customer, is acting solely as principal and no person
other than Customer has any interest in or any control over any Account of Customer. 
 (b) Customer is not an employee,
partner, officer, director or owner of more than ten percent of the equity interest of a futures commission merchant, an introducing broker, Exchange or any self-regulatory organization nor is Customer an employee or commissioner of the Commission,
except as previously disclosed in writing to DBSI. 
 (c) If Customer is subject to the Financial Institution Reform, Recovery
and Enforcement Act of 1989, the certified resolutions set forth following this Agreement have been caused to be reflected in the minutes of Customer’s Board of Directors (or other comparable governing body) and this Agreement is and

 
shall be, continuously from the date hereof, an official record of Customer. 
 (d) If Customer is an insured depository subject to the Federal Deposit Insurance Act, Customer has taken all action and maintained such records required to be taken or maintained by it to effect and
maintain the enforceability of this Agreement pursuant to the Federal Deposit Insurance Act, and the person executing this Agreement on behalf of Customer is an authorized person with at least the rank of vice president. 

(e) Unless Customer notifies DBSI to the contrary, Customer is a “U.S. Person.” For purposes of this Section 7(e), a
“U.S. Person” is a Customer located in the United States, its territories or possessions, or if Customer is a foreign incorporated collective investment vehicle (a fund) whose place of business is outside of the United States, its
territories and possessions, such Customer will be deemed to be a “U.S. Person” if 10% or more of such Customer is beneficially owned by residents of the United States, its territories or possessions. 

(f) The Trust, on behalf of the Customer, agrees promptly to notify DBSI in writing if any of the warranties or representations contained in this
Section 7 becomes inaccurate or incomplete in any respect and to provide financial and other information to DBSI at any time upon its reasonable request, and represents that any such information will be accurate and complete in every material
respect. The Trust, on behalf of the Customer, shall also notify DBSI promptly of any material adverse change in the financial condition of Customer, regardless of whether Customer has previously furnished financial information to DBSI. 

8. Indemnification; Limitation of Liability. 
 (a) Customer shall indemnify, defend and hold harmless DBSI and its officers, employees and agents for any fine, penalty, tax, loss, liability or cost, including reasonable attorneys’ fees, incurred
by DBSI that directly or indirectly arises out of or is related to (i) Customer’s refusal or failure to comply with Relevant Law or any other law or regulation governing or affecting Customer’s activities under this Agreement or any
provision of this Agreement or (ii) Customer’s breach of any representation, warranty, covenant or obligation contained in this Agreement. In addition, the Trust, on behalf of the Customer, agrees to pay any attorneys’ fees and
expenses incurred by DBSI in collecting any amount due by Customer under this Agreement or in defending against any claim brought by Customer in any suit, arbitration or reparations proceeding in which DBSI is the prevailing party.

  
 -3-

 (b) The Trust, on behalf of the Customer, acknowledges that DBSI does not guarantee the
performance by any Exchange or other third party, including any third party clearing or intermediate broker, with respect to any Contract and, accordingly, the Trust, on behalf of the Customer, agrees that DBSI has no responsibility or liability to
Customer for any loss or cost sustained or incurred by Customer due to Customer’s, an Exchange’s or any other third party’s actions or omissions in connection with any Contract unless caused solely by DBSI’s gross negligence or
willful breach of this Agreement. 
 (c) DBSI shall not be liable for the non-performance of any obligation, or any fine,
sanction, penalty, expense, tax, loss, liability or cost, caused by any events outside the control of DBSI, including but not limited to any (i) action or order of any government, judicial institution, Exchange or other self regulatory
organization, (ii) temporary or permanent suspension or termination of trading for whatever reason, (iii) failure or malfunction of transmission or communication facilities, (iv) delay or failure by any Exchange to enforce its rules
or pay or return any amount owed with respect to any Contracts executed and/or cleared for Customer’s Accounts or (v) actions or omissions of third party brokers. 
 (d) NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, IN NO EVENT SHALL DBSI OR ANY OF ITS DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS BE LIABLE UNDER ANY THEORY OF TORT, CONTRACT, STRICT LIABILITY
OR OTHER LEGAL OR EQUITABLE THEORY FOR LOST PROFITS, LOST REVENUES, LOST BUSINESS OPPORTUNITIES OR EXEMPLARY, PUNITIVE, SPECIAL, INCIDENTAL, INDIRECT, CONSEQUENTIAL OR SIMILAR DAMAGES, EACH OF WHICH IS HEREBY EXCLUDED BY AGREEMENT OF THE PARTIES,
REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE OR WHETHER DBSI HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 
 (e) Notwithstanding
anything to the contrary provided herein, DBSI agrees that, pursuant to Section 3804(a) of the Delaware Statutory Trust Act, the liabilities of the Customer shall be limited such that (a) the debts, liabilities, obligations and expenses
incurred, contracted for, or otherwise existing

 
and relating to this Agreement with respect to the Customer shall be enforceable against the assets of the Customer only, and not against the assets of the Trust (other than those assets of the
Trust that are the Customer’s assets) generally or the assets of any other series of the Trust and (b) none of the debts, liabilities, obligations and expenses incurred, contracted for, or otherwise existing and relating to this Agreement
with respect to the Trust generally and any other series of the Trust shall be enforceable against the assets of the Customer. DBSI further agrees that it shall not seek satisfaction of any such obligation from the shareholders, any individual
shareholder, officer, representative or agent of the Trust, or the Customer, nor shall DBSI seek satisfaction of any such obligation from DB Commodity Services LLC (the managing owner of the Trust and the Customer), its members, managers, directors
or officers. 
 9. Communication Between the Parties; Confirmations Conclusive. 

(a) The Trust, on behalf of the Customer, must specify in a written notice to DBSI the persons authorized to place orders or give DBSI
instructions on Customer’s behalf. Any additions or amendments to this notice must be communicated to DBSI and any oral communication of such an addition or amendment must be promptly confirmed by the Trust, on behalf of the Customer, in
writing. DBSI will not be bound by such amendments or additions until written confirmation is received. 
 (b) DBSI may rely
on any order for the purchase or sale of Contracts, or any notice or other communications that are given by the Trust, on behalf of the Customer, or that DBSI reasonably believes to have originated from the Trust, on behalf of the Customer, or from
Customer’s duly authorized agent and the Trust, on behalf of the Customer, shall be bound by any such order, notice or communication and any action taken or not taken by DBSI in reliance thereon. 

(c) Confirmations of trades and any other similar notices, including but not limited to purchase and sale statements, sent to the
Trust, on behalf of the Customer, shall be conclusive and binding unless The Trust, on behalf of the Customer, or Customer’s agent notifies DBSI to the contrary, (i) where a report is made orally, orally at the time received by the Trust,
on behalf of the Customer, or its agent, or (ii) where a report or notice is in writing, in writing prior to the opening of trading on the next day following receipt of the report on which the relevant Exchange is open for business. Monthly
statements of the Account shall be conclusive and binding unless the Trust, on behalf of the Customer, or Customer’s agent notifies DBSI to the contrary within five business days of Customer’s receipt thereof. 

(d) DBSI shall transmit all communications to the Trust, on behalf of the Customer, at Customer’s address, telex, telefax or
telephone number or to such other address as Customer may hereafter direct in writing. The Trust, on behalf of the Customer, shall transmit all communications to DBSI to the address,

  
 -4-

 
telex, telefax or telephone number at the beginning of this Agreement, Attention: Futures Administrator. All payments and deliveries to DBSI shall be wired, mailed or otherwise transmitted to
DBSI pursuant to DBSI’s instructions and shall be deemed received only when actually received by DBSI. 
 10. Security Interest.

 Subject to Section 8(e) above, all money, credit balances, Contracts and other property in which Customer has any
ownership interest, now or at any future time held in Customer’s Account or otherwise held by DBSI for Customer or any affiliate of Customer and any amount due to DBSI for Customer’s Account from any Exchange or clearing broker in
connection with any Contracts, and all proceeds thereof, is hereby pledged to DBSI and shall be subject to a general lien and first priority security interest and right of setoff in DBSI’s favor to secure any indebtedness of Customer to DBSI
arising under this Agreement or any transactions in Contracts hereunder. 
 11. DBSI’s Right to Liquidate Customer Positions.

 (a) In addition to all other rights of DBSI set forth in this Agreement, DBSI has the right, upon the occurrence of any
of the events specified in (i) through (viii) below, to take any or all of the actions specified in subdivision (b) of this Section: 
 (i) if DBSI is so directed or required by a regulatory or self-regulatory organization or Exchange having jurisdiction over DBSI or the Account; 

(ii) if the Trust, on behalf of the Customer, repudiates, violates, breaches or fails to perform on a timely basis any
obligation, term, covenant or condition required to be performed by the Trust, on behalf of the Customer, under this Agreement; 
 (iii) if the Trust, on behalf of the Customer, fails to post the initial or variation margin required by this Agreement, or fails to pay any required premium or make any other payments required under this
Agreement or in connection with any Contract; 
 (iv) if the Trust, on behalf of the Customer, is in material
breach of or in material default under any contract or agreement to which it is a party or by which it or any of its assets are bound; 
 (v) if any representation made by the Trust, or the Trust on behalf of the Customer, or by Customer’s Advisor, if any, is not accurate or complete, or ceases to be accurate or complete in any
material respect; 

 

 (vi) if a voluntary or involuntary case or other proceeding is
commenced by or against the Trust, with respect to the Customer, seeking liquidation, reorganization or other relief with respect to itself or any of its debts under any bankruptcy, insolvency or similar law, or seeking the appointment of a trustee,
receiver, liquidator, conservator, administrator, custodian or other similar official of it or any substantial part of its assets, or if the Trust, on behalf of the Customer, enters into or proposes to enter into any arrangement for the benefit of
any of its creditors, or if the Trust, on behalf of the Customer, or any or all of its property is or becomes subject to any agreement, order, judgment or decree that provides for Customer’s merger, consolidation, dissolution, winding-up,
liquidation, reorganization or appointment of a trustee, receiver, liquidator, conservator, custodian or similar officer for Customer or for Customer’s property, or if the Trust, on behalf of the Customer, takes any corporate action to
authorize any of the foregoing; 
 (vii) if the Account, any other account maintained by the Trust, on behalf
of the Customer, or an affiliate of Customer with DBSI or the property described in Section 10 becomes subject to any lien, warrant, attachment or similar order or encumbrance; or 

(viii) if, after allowing the Trust, on behalf of the Customer, an opportunity to provide assurances acceptable to
DBSI within a reasonable time period, DBSI reasonably determines such action is necessary for its protection. 
 (b) In each
such instance, DBSI may (1) satisfy any obligations due DBSI out of any of Customer’s property in DBSI’s custody or control, (2) liquidate any or all of Customer’s Contracts, (3) decline to execute any or all of
Customer’s outstanding orders, (4) make Customer’s obligations to DBSI immediately due and payable, (5) acting in a commercially reasonable manner, sell any or all of Customer’s property in DBSI’s custody or control and
set off and apply any such property or the proceeds of the sale of such property to satisfy any amounts owed by Customer to DBSI, (6) set off any obligations of DBSI under this Agreement against the obligations of Customer to DBSI hereunder,
(7) set off any cash, Contracts or property held for Customer by DBSI against amounts owed to DBSI by Customer hereunder, (8) purchase or borrow any securities or other property required to settle any outstanding transactions or positions
for the Account, and (9) settle any outstanding transactions or positions for the Account. 

  
 -5-

 
 (c) Before exercising any rights under Section 11(b), DBSI will send a notice to the
Trust, on behalf of the Customer, of the action that it intends to take provided that DBSI will be entitled to take any such action regardless of whether such notice is received by the Trust, on behalf of the Customer. Any prior demand or
notice by DBSI shall not be a waiver of any right of DBSI to take any action authorized by this Agreement or Relevant Law. 

(d) At all times, Customer will be liable for the payment of any debit balance or deficiency in the Account, together with interest on
such amounts and all costs relating to any liquidation or collection, including reasonable attorneys’ fees. 
 12. Payment Netting and
Setoff. 
 The Trust, on behalf of the Customer, acknowledges and agrees that DBSI has the right to setoff and apply any
amounts, fees or charges due to it hereunder against amounts held in any Accounts of Customer subject to this Agreement provided that any Account subject to setoff under this Section is owned solely by the same Customer. 

13. Termination. 
 A
party wishing to terminate this Agreement must provide the other party with written notice of termination sent by certified mail specifying the effective date of such termination. Any termination under this Section will not affect any transactions
entered into prior to the effective date of such termination or any liability or obligation incurred prior to such date. Upon termination under this Section, DBSI will either transfer all open positions in Customer’s Account to another futures
commission merchant of Customer’s choice, if so instructed by the Trust, on behalf of the Customer, or liquidate all such positions. DBSI will not transfer any of Customer’s property or Contracts held or controlled by it until the Trust,
on behalf of the Customer, satisfies all obligations to DBSI arising under this Agreement, including the payment of any fees for the transfer of Contracts to another futures commission merchant upon termination of this Agreement. 

 

 14. Governing Law; Consent to Jurisdiction. 

(a) In case of a dispute between Customer and DBSI arising out of or related to this Agreement or any transaction hereunder,
(i) except with respect to Section 8(e) above, which shall be construed, interpreted, and enforced in accordance with and governed by the laws of the State of Delaware, the construction, validity, performance and enforcement of
this Agreement will be governed by the laws of the State of New York in all respects (without giving effect to principles of conflict of laws), and (ii) the Trust, on behalf of the Customer, and DBSI each agrees to bring any legal
proceeding against the other party exclusively in, and each such party consents in any legal proceeding brought by the other party in connection with or related to this Agreement or breach thereof, the Account or any transactions entered into
hereunder to the jurisdiction of, any state or federal court located within the City of New York. 
 (b) The Trust, on behalf
of the Customer, and DBSI each expressly waives (i) all objections it may at any time have as to the jurisdiction of any court described in Section 14(a) above in which any such legal proceedings may be commenced and (ii) any defense
of sovereign immunity or other immunity from suit or enforcement, whether before or after judgment. The Trust, on behalf of the Customer, and DBSI each also agrees that any service of process mailed to it at any address provided by the receiving
party shall be deemed a proper service. 
 15. Miscellaneous. 
 (a) Available Funds. The Trust, on behalf of the Customer, agrees that all payments of cash by it to DBSI shall be made in immediately available funds in such currency and to such bank account as
DBSI may from time to time specify. If the Trust, on behalf of the Customer, is required by law to make any deduction or withholding, Customer will pay such amount to DBSI as will result in DBSI’s receiving an amount equal to the full amount
which would have been received had no such deduction or withholding been required. 
 (b) Consent to Recording. The
Trust, on behalf of the Customer, and DBSI each consents to the electronic recording of any or all telephone conversations with the other party (without automatic tone warning device), the use of same as evidence by either party in any action or
proceeding arising out of the Agreement and the recording party’s erasure, at its sole discretion, of any recording as part of its regular procedure for handling of recordings. 

(c) Authority to Disclose Information. The Trust, on behalf of the Customer, hereby authorizes DBSI to

  
 -6-

 
disclose any financial, credit or business information it has obtained concerning Customer to any Affiliate of DBSI, and authorizes any such Affiliate to disclose like information to DBSI, in
either case solely for the purpose of permitting DBSI to perform its obligations, or enforce its rights, under this Agreement. Any such information will be kept confidential according to the internal policies of DBSI and its Affiliates. 

(d) Modification. This Agreement may only be modified or amended by mutual written consent of DBSI and the Trust, on behalf of
the Customer. Any modification, amendment, alteration or waiver of this Agreement will not affect any outstanding orders or transactions or any legal rights or obligations that may have already arisen between DBSI and Customer. 

(e) Cumulative Rights; No Waiver. The rights and remedies conferred upon DBSI will be cumulative, and its forbearance to
exercise any right or remedy under this Agreement will not waive its right to take such action at any later time, nor shall such forbearance constitute a modification of this Agreement. 

(f) Successors and Assigns. This Agreement will inure to the benefit of DBSI, its permitted successors and assigns, and will be
binding upon Customer and Customer’s successors and assigns, provided, however, that this Agreement may not be assigned or delegated by either party without the prior written consent of the other party hereto and any purported assignment
or delegation without such consent shall be void. 
 (g) Severability. If any term or provision of this Agreement or
the application thereof to any persons or circumstances is found to be inconsistent with any Relevant Law or otherwise to be invalid or unenforceable, such inconsistent, invalid or unenforceable provision will be deemed to be superseded or modified
to conform to such Relevant Law, but the remainder of this Agreement and/or the application of such term or provision to persons or circumstances other than those as to which it is contrary, invalid or unenforceable, will not be affected thereby.

 (h) Counterparts. This Agreement may be executed in any number of counterparts, each of which when so executed and
delivered shall be an original, but all of which shall together constitute one and the same instrument. 
 (i) Entire
Agreement. This Agreement, together with any Annexes hereto entered into between DBSI and the Trust, on behalf of the Customer, constitutes the entire agreement between the Trust, on behalf of the Customer, and DBSI with respect to the subject
matter hereof and supersedes any prior agreements between the parties with respect to such subject matter. 

 

 (j) Multiple Customers. If the signatory of this Agreement has the authority to
enter into the Agreement on behalf of more than one Customer (each such Customer being identified on the attached Schedule I), the execution of the Agreement by such signatory shall be sufficient to bind each such Customer to the terms of the
Agreement to the same extent and with the same force and effect as if each Customer had executed a separate Agreement. 

  
 -7-

 
 16. Acknowledgment of Receipt of Disclosure Statements; Hedging Election. 

(a) Customer acknowledges and agrees that it has received from DBSI and has read and understood the following document: 

(Please check box to so acknowledge) 
 x Risk Disclosure Statement For Futures and Options pursuant to Appendix A to CFTC Regulation 1.55(c). 
 (b) Pursuant to CFTC Regulation 190.06(d), Customer specifies and agrees, with respect to hedging transactions in the Account, that, in the unlikely event of DBSI’s bankruptcy, it prefers that the
bankruptcy trustee (check appropriate box): 
  ̈ Election A - Liquidate all
open contracts without first seeking instructions either from or on behalf of Customer. 

x Election B - Attempt to obtain instructions with respect to the disposition of all
open contracts. 
 (If neither box is checked, Customer shall be deemed to have elected A.) 

The undersigned has read, understands and agrees to all of the provisions of this Agreement.

 

 

 December 31, 2010 

Dated 
  

					
	Customer Name:	 	
		
	 PowerShares DB US Dollar Index Trust with respect to PowerShares DB US Dollar Index Bullish
Fund
	 	
			
	By:	 	DB Commodity Services, LLC, the Managing Owner of PowerShares DB US Dollar Index Bullish Fund	 	

  

													
	By:	  	 /s/ Alex N. Depetris
	  		  	By:	  	 /s/ Michael Gilligan

		  	Authorized Signature	  		  		  	Authorized Signature
		  	Name:	  	Alex N. Depetris	  		  		  	Name:	  	Michael Gilligan
		  	Title:	  	 Vice President
	  		  		  	Title:	  	 Principal Financial Officer 

 

									
	 60 Wall Street
	  	
	 Address
	  		  		  	
		
	 New York, New York
	  	
	City, State	  		  		  	
		
	 10005
	  	
	 Zip Code
	  		  		  	
				
	  
	  		  	  
	  	
	 Telephone
	  		  	Telefax	  	

  
 -8-

 Schedule I—Independent Customers Deemed to Have Entered Into Separate Agreements
HereunderTrimble Navigation Limited Amended and Restated Employee Stock Purchase Plan

 EXHIBIT 10.5 
 TRIMBLE NAVIGATION LIMITED 
 AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE
PLAN 
 (as amended March 6, 2009) 
 The following constitute the provisions of the Employee Stock Purchase Plan of Trimble Navigation Limited. 
 1. Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated payroll
deductions. It is the intention of the Company to have the Plan qualify as an “Employee Stock Purchase Plan” under Section 423 of the Internal Revenue Code of 1986, as amended, although the Company makes no undertaking nor
representation to maintain such qualification. In addition, this Plan document authorizes the grant of options under a non-423(b) component to the Plan which do not qualify under Section 423(b) of the Code pursuant to rules, procedures or
sub-plans adopted by the Board (or a committee authorized by the Board) designed to achieve tax, securities law compliance or other Company objectives. 
 2. Definitions. 
 (a) “Board” shall mean the Board of
Directors of the Company. 
 (b) “Brokerage Account” means the general securities brokerage account, or such
other account or record determined appropriate by the Company, established and maintained for the Plan with any entity selected by the Company, in its discretion, to assist in the administration of, and purchase of shares under the Plan. 

(c) “Code” shall mean the Internal Revenue Code of 1986, as amended. 

(d) “Common Stock” shall mean the Common Stock of the Company. 

(e) “Code Section 423(b) Plan Component” means the component of this Plan which is designed to meet the
requirements set forth in Section 423(b) of the Code. The provisions of the Code Section 423(b) Plan Component shall be construed, administered and enforced in accordance with Section 423(b) of the Code. 

(f) “Company” shall mean Trimble Navigation Limited. 

(g) “Compensation” shall mean all regular straight time gross earnings, commissions, overtime, shift premium, lead pay
and other similar compensation, but excluding bonuses resulting from any profit sharing plans, automobile allowances, relocation and other non-cash compensation. Unless determined otherwise by the Board (or a committee authorized by the Board),
“Compensation” shall not include incentive bonuses. 
 (h) “Continuous Status as an Employee” shall
mean the absence of any interruption or termination of service as an Employee. Continuous Status as an Employee shall not be considered interrupted in the case of a leave of absence agreed to in writing by the Company, or one of its Subsidiaries,
provided that such leave is for a period of not more than 90 days or reemployment upon the expiration of such leave is guaranteed by contract or statute. 

  
 1 

 (i) “Designated Subsidiaries” shall mean the Subsidiaries which have been
designated by the Board from time to time in its sole discretion as eligible to participate in the Plan. The Board (or a committee authorized by the Board) will determine whether employees of any Designated Subsidiary shall participate in the Code
Section 423(b) Plan Component or the Non-423(b) Plan Component. 
 (j) “Employee” shall mean any person,
including an officer, who is an employee of the Company or a Designated Subsidiary. The Board (or a committee authorized by the Board) shall have the discretion to limit offerings under the Plan to employees of the Company or a Designated Subsidiary
whose customary employment with the Company or a Designated Subsidiary is at least twenty (20) hours per week and more than five (5) months in any calendar year, provided that these eligibility requirements are applied uniformly to
employees offered participation in the Code Section 423(b) Plan Component of the Plan. 
 (k) “Enrollment
Date” shall mean the first day of each Offering Period. 
 (l) “Exercise Date” shall mean the last day
of each Offering Period. 
 (m) “Maximum Offering” shall mean, with respect to some or all participants in the
Non-423(b) Plan Component, a maximum number or value of shares of the Common Stock made available for purchase in a specified period (e.g., a 12-month period) in specified countries, locations or to Employees of specified Designated Subsidiaries.
Such maximum shall be determined by the Board (or a committee authorized by the Board) in such a manner as to avoid securities filings, to achieve certain tax results or to meet other Company objectives. 

(n) “Non-423(b) Plan Component” means a component of this Plan which does not meet the requirements set forth in
Section 423(b) of the Code, as amended. 
 (o) “Offering Period” shall mean a period of six
(6) months during which an option granted pursuant to the Plan may be exercised, or different period as determined by the Board, provided no Offering Period exceeds twenty-seven (27) months. Notwithstanding the foregoing, the first
Offering Period shall commence August 15, 1988 and end December 31, 1988 and the Offering Period commencing July 1, 2006 shall end February 28, 2007. 
 (p) “Option Price” shall mean the lower of (i) eighty-five percent (85%) of the fair market value of a share of Common Stock on the Enrollment Date or (ii) eighty-five
percent (85%) of the fair market value of a share of Common Stock on the Exercise Date unless the Board (or a committee authorized by the Board) sets an option price higher than this amount. 

(q) “Plan” shall mean this Amended and Restated Employee Stock Purchase Plan, as set forth in this document and as
hereafter amended from time to time, which includes a Code Section 423(b) Plan Component and a Non-423(b) Plan Component. 

(r) “Subsidiary” shall mean a corporation, domestic or foreign, of which not less than 50% of the voting shares are held
by the Company or a Subsidiary, whether or not such corporation now exists or is hereafter organized or acquired by the Company or a Subsidiary. 
 3. Eligibility. 
 (a) Any Employee as defined in paragraph 2 who is
employed by the Company or a Designated Subsidiary at the time that the subscription agreement is required to be submitted for a given 

  
 2 

 
Offering Period is eligible to participate in the Plan for that Offering Period (subject to paragraph 10 below). However, the Board (or a committee authorized by the Board) shall have the
discretion to set a minimum waiting period for Employees to become eligible to participate in an Offering Period provided that period is not more than two (2) years after employment with the Company or a Designated Subsidiary begins. However,
notwithstanding the foregoing, for purposes of the first Offering Period only, any Employee defined in paragraph 2 who was employed by the Company or one of its Subsidiaries as of August 9, 1988 shall be eligible to participate in the
Plan. 
 (b) Any provisions of the Plan to the contrary notwithstanding, no Employee shall be granted an option under the Plan
(i) if, immediately after the grant, such Employee (or any other person whose stock would be attributed to such Employee pursuant to Section 424(d) of the Code) would own stock and/or hold outstanding options to purchase stock possessing
five percent (5%) or more of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary of the Company, or (ii) which permits his or her rights to purchase stock under all employee stock purchase
plans of the Company and its Subsidiaries to accrue at a rate which exceeds Twenty-Five Thousand Dollars ($25,000) worth of stock (determined at the fair market value of the shares at the time such option is granted) for each calendar year in which
such option is outstanding at any time (or other such limit, as imposed under Section 423 of the Code or final regulations issued thereunder). 
 4. Offering Periods. The Plan shall be implemented by consecutive Offering Periods with a new Offering Period commencing on or about January 1 and July 1 of each year; provided, however,
that the first Offering Period shall commence on or about August 15, 1988. Effective in 2007 and thereafter new Offering Periods shall commence on or about March 1 and September 1 of each year. The Plan shall continue thereafter until
terminated in accordance with paragraph 19 hereof. Subject to the shareholder approval requirements of paragraph 19, the Board shall have the power to change the commencement or duration of Offering Periods with respect to future offerings
without shareholder approval if such change is announced at least fifteen (15) days prior to the scheduled beginning of the first Offering Period to be affected. The Board (or a committee authorized by the Board) may decide that for
administrative reasons, the payroll deductions related to the last pay date during the Offering Period will not be applied to the purchase of shares for that particular Offering Period, but instead will be rolled over to the following Offering
Period (provided that the participant is participating in the following Offering Period). 
 5. Participation.

 (a) An eligible Employee may become a participant in the Plan by completing a subscription agreement authorizing payroll
deductions in the form required by the Company and filing it with the Company (or third party designated by the Company) by the time specified by the Company, as set forth in the subscription agreement, unless a later time for filing the
subscription agreement is set by the Board (or a committee authorized by the Board) for all eligible Employees with respect to a given Offering Period. 
 (b) A participant’s authorized payroll deductions shall be deducted from each paycheck paid during an Offering Period and shall continue until changed by the participant, as provided in paragraph 10
or by amendment or termination of this Plan. 
 6. Payroll Deductions. 

(a) At the time a participant files his or her subscription agreement, he or she shall elect to have payroll deductions made on each
payday during the Offering Period in an amount not exceeding ten percent (10%) of the Compensation which he receives on each payday during the Offering Period, and 

  
 3 

 
the aggregate of such payroll deductions during the Offering Period shall not exceed ten percent (10%) of the participant’s aggregate Compensation during said Offering Period.

 (b) All payroll deductions made for a participant shall be credited to his or her account under the Plan. A participant may
not make any additional payments into such account. 
 (c) A participant may discontinue his or her participation in the Plan as
provided in paragraph 10, or may decrease, but not increase, the rate of his or her payroll deductions during the Offering Period (within the limitations of paragraph 6(a)) by completing or filing with the Company a new subscription agreement
authorizing a change in payroll deduction rate. The change in rate shall be effective with the first full payroll period following five (5) business days after the Company’s receipt of the new subscription agreement. A participant’s
subscription agreement shall remain in effect for successive Offering Periods unless revised as provided herein or terminated as provided in paragraph 10. 
 (d) Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of the Code and paragraph 3(b) herein, a participant’s payroll deductions may be decreased to 0%
at such time during any Offering Period which is scheduled to end during the current calendar year (the “Current Offering Period”) that the aggregate of all payroll deductions which were previously used to purchase stock under the Plan in
a prior Offering Period which ended during that calendar year plus all payroll deductions accumulated with respect to the Current Offering Period equal $21,250. Payroll deductions shall recommence at the rate provided in such participant’s
subscription agreement at the beginning of the first Offering Period which is scheduled to end in the following calendar year, unless terminated by the participant as provided in paragraph 10. 

(e) Notwithstanding any provisions to the contrary in the Plan, the Board may allow Employees to participate in the Plan via cash
contributions instead of payroll deductions if payroll deductions are not permitted under applicable local law (and if the Employee is participating in the Non-423(b) Plan Component if not permitted under Section 423 of the Code). 

7. Grant of Option. 
 (a) On the Enrollment Date of each Offering Period, each eligible Employee participating in such Offering Period shall be granted an option to purchase on each Exercise Date of such Offering Period up to
a number of shares of Common Stock determined by dividing such Employee’s payroll deductions accumulated prior to such Exercise Date and retained in the participant’s account as of the Exercise Date by the Option Price; provided that in no
event shall an Employee be permitted to purchase more than 12,500 shares of Common Stock on any Exercise Date (as adjusted pursuant to paragraph 18, if applicable), and provided further that such purchase shall be subject to the limitations set
forth in paragraphs 3(b) and 12 hereof. Exercise of the option shall occur as provided in paragraph 8, unless the participant has withdrawn pursuant to paragraph 10, and shall expire on the last day of the Offering Period. Fair market
value of a share of Common Stock shall be determined as provided in paragraph 7(b) herein. 
 (b) The fair market value of
Common Stock on a given date shall be determined by the Board in its discretion; provided, however, that where there is a public market for the Common Stock, the fair market value per share shall be the closing price of the Common Stock for such
date, as reported by the NASDAQ National Market System, or, in the event the Common Stock is listed on a different stock exchange, the fair market value per share shall be the closing price on such exchange on such date, as reported in the Wall
Street Journal, or if no sales occurred on such date, then on the date immediately prior to such date on which sales prices are reported. 

  
 4 

 8. Exercise of Option. Unless a participant withdraws from the Plan as provided in
paragraph 10 below, his or her option for the purchase of shares will be exercised automatically on the Exercise Date, and the maximum number of whole shares subject to the option shall be purchased for such participant at the applicable option
price with the accumulated payroll deductions in his or her account. The shares purchased hereunder will be credited to the Brokerage Account. No fractional shares will be purchased and any payroll deductions accumulated in a participant’s
account which are not used to purchase shares shall remain in the participant’s account for the subsequent Offering Period, subject to an earlier withdrawal as provided in paragraph 10. During a participant’s lifetime, a
participant’s option to purchase shares hereunder is exercisable only by him or her. 
 9. Delivery. A participant
hereunder may elect at any time on a form acceptable to the Company to have all or part of the shares credited to the Brokerage Account on his or her behalf sold at participant’s expense and cash paid to participant. A participant under the
Code Section 423(b) Plan Component hereunder may elect, at any time after two (2) years following the Exercise Date of any Offering Period and on a form acceptable to the Company, to have all or part of the shares purchased with respect to
such Offering Period and credited to the Brokerage Account on his or her behalf: (i) transferred to the participant’s individual brokerage account established at the participant’s expense; (ii) issued to the participant or his or
her designee in the form of a stock certificate. 
 10. Withdrawal; Termination of Employment. 

(a) A participant may withdraw all but not less than all the payroll deductions credited to his or her account and not yet used to
exercise his or her option under the Plan at any time by giving written notice to the Company (or third party designated by the Company) in the form required by the Company. All of the participant’s payroll deductions credited to his or her
account will be paid to such participant promptly after receipt of notice of withdrawal and such participant’s option for the Offering Period will be automatically terminated, and no further payroll deductions for the purchase of shares will be
made during the Offering Period. If a participant withdraws from an Offering Period, payroll deductions will not resume at the beginning of the succeeding Offering Period unless the participant delivers to the Company a new subscription agreement.

 (b) Upon termination of the participant’s Continuous Status as an Employee prior to the Exercise Date for any reason,
including retirement or death, (i) the payroll deductions credited to such participant’s account during the Offering Period but not yet used to exercise the option will be returned to such participant or, in the case of his or her death,
to the person or persons entitled thereto under paragraph 14, and such participant’s option will be automatically terminated, and (ii) the participant’s interest in the Brokerage Account shall be liquidated in the following
manner. As part of the procedure to liquidate the participant’s interest in the Brokerage Account, the participant may elect in writing, on a form acceptable to the Company and received by the designated person at the Company within thirty
(30) days of the termination, to have the number of shares credited to the Brokerage Account on behalf of the participant sold at the participant’s expense and cash paid to the participant, or to have such shares transferred to the
participant’s individual brokerage account established at the participant’s expense. If the participant does not request a sale or transfer by the deadline set forth above or requests to receive a stock certificate, a certificate for the
shares credited to the Brokerage Account on his or her behalf will be issued to the participant. 
 (c) A participant’s
withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan which may hereafter be adopted by the Company or in succeeding Offering Periods which commence after the termination of the
Offering Period from which the participant withdraws. 

  
 5 

 11. Interest. No interest shall accrue on the payroll deductions of a participant in
the Plan, except as may be required by applicable law, as determined by the Company, for participants in the Non-423(b) Plan Component (or the Code Section 423(b) Plan Component if permitted under Code Section 423). 

12. Stock. 
 (a) The maximum number of shares of Common Stock which shall be made available for sale under the Plan shall be 15,550,000 million shares, subject to adjustment upon changes in capitalization of the
Company as provided in paragraph 18. If on a given Exercise Date the number of shares with respect to which options are to be exercised exceeds the number of shares then available under the Plan or the Maximum Offering, if any, the Company
shall make a pro rata allocation of the shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. The pro rata allocation shall be limited, in the case of exceeding the Maximum
Offering, to those participants in the countries, locations or Designated Subsidiaries in the specified Maximum Offering. 
 (b)
The participant will have no interest or voting right in shares covered by his or her option until such option has been exercised. 
 (c) Shares to be delivered to a participant under the Plan will be registered in the name of the participant or in the name of the participant and his or her spouse. 

13. Administration. The Plan shall be administered by the Board or a committee of members of the Board appointed by the Board. The
administration, interpretation or application of the Plan by the Board or its committee shall be final, conclusive and binding upon all participants. Members of the Board who are eligible Employees are permitted to participate in the Plan.

 14. Designation of Beneficiary. 
 (a) If permitted by the Board (or a committee authorized by the Board), a participant may file a written designation of a beneficiary who is to receive any shares and cash, if any, from the
participant’s account under the Plan in the event of such participant’s death subsequent to an Exercise Date on which the option is exercised but prior to delivery to such participant of such shares and cash. In addition, a participant may
file a written designation of a beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s death prior to exercise of the option, if permitted by the Board (or a committee
authorized by the Board). 
 (b) Such designation of beneficiary may be changed by the participant at any time by written
notice. In the event of the death of a participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such participant’s death, the Company shall deliver such shares and/or cash to the executor,
administrator or personal representative of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such shares and/or cash to the
spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the Company may designate. 

15. Transferability. Neither payroll deductions credited to a participant’s account nor any rights with regard to the
exercise of an option or to receive shares under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in paragraph 14 hereof) by the participant.
Any such attempt at assignment, 

  
 6 

 
transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds from an Offering Period in accordance with
paragraph 10. 
 16. Use of Funds. All payroll deductions received or held by the Company under the Plan may be used
by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. 
 17.
Reports. Individual accounts will be maintained for each participant in the Plan. Statements of account will be given to participating Employees semi-annually promptly following the Exercise Date, which statements will set forth the amounts
of payroll deductions, the per share purchase price, the number of shares purchased and the remaining cash balance, if any. 

18. Adjustments Upon Changes in Capitalization. Subject to any required action by the shareholders of the
Company, the number of shares of Common Stock covered by each option under the Plan which has not yet been exercised and the number of shares of Common Stock which have been authorized for issuance under the Plan but have not yet been placed under
option (collectively, the “Reserves”), as well as the price per share of Common Stock covered by each option under the Plan which has not yet been exercised, shall be proportionately adjusted for any increase or decrease in the number of
issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of shares of Common Stock effected without receipt
of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Board,
whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issue by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and
no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an option. 
 In the event of the proposed dissolution or liquidation of the Company, the Offering Period will terminate immediately prior to the consummation of such proposed action, unless otherwise provided by the
Board. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the Company with or into another corporation, any Offering Periods then in progress shall be shortened by setting a new Exercise Date
(the “New Exercise Date”) and any Offering Periods then in progress shall end on the New Exercise Date. The New Exercise Date shall be before the date of the Company’s proposed sale or merger. The Board shall notify each participant
in writing, at least ten (10) business days prior to the New Exercise Date, that the Exercise Date for the participant’s option has been changed to the New Exercise Date and that the participant’s option shall be exercised
automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering Period as provided in paragraph 10 hereof. 
 19. Amendment or Termination. The Board may, at any time and for any reason, terminate or amend the Plan. Except as provided in paragraph 18, no such termination can adversely affect options
previously granted, provided that an Offering Period may be terminated by the Board on any Exercise Date if the Board determines that the termination of the Plan is in the best interests of the Company and its shareholders. In addition, to the
extent necessary to comply with Section 423 of the Code (or any successor rule or provision or any other applicable law or regulation), the Company shall obtain shareholder approval in such a manner and to such a degree as so required.

 20. Notices. All notices or other communications by a participant to the Company under or in connection with the Plan
shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 

  
 7 

 21. Shareholder Approval. Continuance of the Plan shall be subject to approval by the
shareholders of the Company within twelve months before or after the date the Plan is adopted. Such shareholder approval shall be obtained in the manner and degree required under the applicable state and federal tax and securities laws. 

22. Conditions Upon Issuance of Shares. Shares shall not be issued with respect to an option unless the
exercise of such option and the issuance and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities
Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed, and shall be further subject to the approval of counsel for the Company with
respect to such compliance. 
 As a condition to the exercise of an option, the Company may require the person exercising such
option to represent and warrant at the time of any such exercise that the shares are being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of counsel for the Company, such a
representation is required by any of the aforementioned applicable provisions of law. 
 23. Tax Withholding. The Company
or any Subsidiary, as appropriate, shall have the authority and the right to deduct or withhold, or require an Employee to remit to the Company or one of its Subsidiaries, an amount sufficient to satisfy U.S. federal, state, and local taxes and
taxes imposed by jurisdictions outside of the United States (including income tax, social insurance contributions, payment on account and any other taxes that may be due) required by law to be withheld with respect to any taxable event concerning an
Employee arising as a result of his or her participation in the Plan or to take such other action as may be necessary in the opinion of the Company or a Subsidiary, as appropriate, to satisfy withholding obligations for the payment of taxes. The
Board (or a committee authorized by the Board) may in its discretion and in satisfaction of the foregoing requirement, allow a participant to elect to have the Company withhold shares otherwise issuable at exercise (or allow the return of shares)
having a fair market value equal to the sums required to be withheld. No shares shall be delivered hereunder to any Employee until the Employee or such other person has made arrangements acceptable to the Company for the satisfaction of these tax
obligations with respect to any taxable event concerning the Employee’s participation in the Plan. 
 24. No Right to
Employment or Services. Nothing in the Plan or any subscription agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate any Employee’s employment at any time, nor confer upon any Employee
any right to continue in the employ of the Company or any Subsidiary. 
 25. Code Section 409A. The Code
Section 423(b) Plan Component is exempt from the application of section 409A of the Code. The Non-423(b) Plan Component is intended to be exempt from section 409A of the Code under the short-term deferral exception and any ambiguities in the
Plan shall be construed and interpreted in accordance with such intent. In furtherance of this interest, any provision in the Plan to the contrary notwithstanding, if the Board determines that an option to purchase Common Stock granted under the
Plan may be subject to section 409A of the Code or that any provision in the Plan would cause an option under the Plan to be subject to section 409A of the Code, the Board may amend the terms of the Plan and/or of an outstanding option granted under
the Plan, or take such other action the Board determines is necessary or appropriate, in each case, without the participant’s consent, to exempt any outstanding option or future option that may be granted under the Plan from or to allow any
such options to comply with section 409A of the Code, but only to the extent any such amendments or action by the Board would not violate section 409A of the Code. Anything in the foregoing to the contrary

  
 8 

 
notwithstanding, the Company shall have no liability to a participant or any other party if the option to purchase Common Stock under the Plan that is intended to be exempt from or compliant with
section 409A of the Code is not so exempt or compliant or for any action taken by the Board or a committee appointed by the Board with respect thereto. The Company makes no representation that the option to purchase Common Stock under the Plan is
compliant with section 409A of the Code. 
 26. Term of Plan. The Plan shall continue in effect until September 30,
2018 unless sooner terminated under paragraph 19. 
 27. Governing Law; Severability. The Plan and all
determinations made and actions taken thereunder shall be governed by the internal substantive laws, and not the choice of law rules, of the State of California and construed accordingly, to the extent not superseded by applicable federal law. If
any provision of the Plan shall be held unlawful or otherwise invalid or unenforceable in whole or in part, the unlawfulness, invalidity or unenforceability shall not affect any other provision of the Plan or part thereof, each of which shall remain
in full force and effect. 

  
 9 

 TRIMBLE NAVIGATION LIMITED 

AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN 
 SUBSCRIPTION AGREEMENT 
 FOR EMPLOYEES IN THE U.S. 

Location                       
                  
  

			
	          Original Application
	  	Enrollment Date:                     
	          Change in Payroll Deduction Rate
	  	
	          Change of Beneficiary(ies)
	  	

 1.
                     hereby elects to participate in the Trimble Navigation Limited Amended and Restated Employee Stock Purchase Plan
(the “Stock Purchase Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this Subscription Agreement and the Stock Purchase Plan. All capitalized terms not defined in this Subscription Agreement
shall have the same meanings as set forth in the Stock Purchase Plan. 
 2. I hereby authorize payroll deductions from each
paycheck in the amount of         % of my Compensation on each payday (not to exceed 10%) during the Offering Period in accordance with the Stock Purchase Plan. 

             Include bonuses as part of Compensation subject to
payroll deduction. 
              Exclude bonuses from
Compensation subject to payroll deduction. 
 3. I understand that said payroll deductions shall be accumulated for the purchase
of shares of Common Stock at the applicable purchase price determined in accordance with the Stock Purchase Plan. I understand that if I do not withdraw from an Offering Period, any accumulated payroll deductions will be used to automatically
exercise my option. 
 4. I have received a copy of the complete “Trimble Navigation Limited Amended and Restated Employee
Stock Purchase Plan.” I understand that my participation in the Stock Purchase Plan is in all respects subject to the terms of the Stock Purchase Plan. 
 5. Shares purchased for me under the Stock Purchase Plan should be issued in the name(s) of:
                                        
        . 
 6. I understand that if I am a U.S. tax resident and I dispose of any
shares received by me pursuant to the Stock Purchase Plan within 2 years after the Enrollment Date (the first day of the Offering Period during which I purchased such shares) or within 1 year after the Exercise Date, I will be treated for U.S.
federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares at the time such shares were delivered to me over the price which I paid for the
shares. I hereby agree to notify the Company in writing within 30 days after the date of any such disposition. However, if I dispose of such shares at any time after the expiration of the holding period set forth above, I understand that I
will be treated for U.S. federal income tax purposes as having received income only at the time of such disposition, and that such income will be 

  
 10 

 
taxed as ordinary income only to the extent of an amount equal to the lesser of (1) the excess of the fair market value of the shares at the time of such disposition over the purchase price
which I paid for the shares under the option, or (2) the excess of the fair market value of the shares over the option price, measured as if the option had been exercised on the Enrollment Date. The remainder of the gain, if any, recognized on
such disposition will be taxed as capital gain. 
 7. I hereby agree to be bound by the terms of the Stock Purchase Plan. The
effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the Stock Purchase Plan. 
 8.
In the event of my death, I hereby designate the following as my beneficiary(ies) to receive all payments and shares due me under the Stock Purchase Plan: 
  

									
	NAME: (Please print)	  	  
	  	
		  	 (First)
	  	(Middle)	  	(Last)	  	

  

							
	  
	  		  	  
	  	
				
	Relationship	  		  	  
	  	
		  		  	(Address)	  	

  

									
	NAME: (Please print)	  	  
	  	
		  	 (First)
	  	(Middle)	  	(Last)	  	

  

			
	  
	  	  

		
	Relationship	  	  

		  	(Address)

  

			
	Employee’s Social Security Number:	 	  

		
	Employee’s Address:	 	  

		 	  

		 	  

  
 11 

 9. Regardless of any action the Company and/or my actual employer if the Company is not my employer
(collectively, the “Company”) takes with respect to any or all income tax, social security, payroll tax, payment on account or other tax-related items relating to my participation in the Stock Purchase Plan and legally applicable to me
(“Tax-Related Items”), I acknowledge that the ultimate liability for all Tax-Related Items is and remains my responsibility and may exceed the amount actually withheld by the Company. I further acknowledge that the Company (1) makes
no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the stock purchase right grant, including the grant, purchase of shares, the subsequent sale of shares of Common Stock acquired
pursuant to such purchase and the receipt of any dividends; and (2) does not commit to and is under no obligation to structure the terms of the grant or any aspect of the stock purchase rights to reduce or eliminate my liability for Tax-Related
Items or achieve any particular tax result. Further, if I have become subject to tax in more than one jurisdiction during the Offering Period, I acknowledge that the Company may be required to withhold or account for Tax-Related Items in more than
one jurisdiction. 
 Prior to the purchase of shares, I shall pay or make adequate arrangements satisfactory to the Company to satisfy all
Tax-Related Items. In this regard, I authorize the Company, or its agents, at its discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (a) withholding from Compensation paid in
cash to me by the Company; or (b) withholding from the proceeds of the sale of shares of Common Stock that I acquire, either through a voluntary sale or through a mandatory sale arranged by the Company (on my behalf pursuant to this
authorization); or (c) withholding in shares of Common Stock to be issued to me. 
 To avoid negative accounting treatment, the Company may
withhold or account for Tax-Related Items by considering applicable statutory withholding amounts or other applicable withholding rates. If the obligation for Tax-Related Items is satisfied by withholding in shares of Common Stock, for tax purposes,
I am deemed to have been issued the full number of shares of Common Stock purchased, notwithstanding that some shares of Common Stock are held back solely for the purpose of paying the Tax-Related Items due as a result of any aspect of my
participation in the Stock Purchase Plan. 
 Finally, I shall pay to the Company any amount of Tax-Related Items that the Company may be
required to withhold or account for as a result of my participation in the Stock Purchase Plan or my purchase of shares of Common Stock that cannot be satisfied by the means previously described. The Company may refuse to honor the purchase and
refuse to issue and/or deliver the shares of Common Stock if I fail to comply with my obligations in connection with the Tax-Related Items. 

10. The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding my participation in the
Stock Purchase Plan, or my acquisition or sale of the underlying shares of Common Stock; and I am advised to consult with my own personal tax, legal and financial advisors regarding my participation in the Stock Purchase Plan before taking any
action related to the Stock Purchase Plan. 
 11. In accepting the grant, I acknowledge that: (a) the Stock
Purchase Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the Company at any time; (b) the grant of stock purchase rights is voluntary and occasional and
does not create any contractual or other right to receive future grants, or benefits in lieu of grants, even if stock purchase rights have been granted repeatedly in the past; (c) all decisions with respect to future grants of stock purchase
rights, if any, will be at the sole discretion of the Company; (d) my participation in the Stock Purchase Plan shall not create a right to further employment with the Company and shall not interfere with the ability of the Company or my actual
employer if the Company is not my employer to terminate my employment relationship at any time with or without cause; (e) I am voluntarily 

  
 12 

 
participating in the Stock Purchase Plan; (f) the stock purchase rights and the underlying shares of Common Stock are an extraordinary item that does not constitute compensation of any kind
for services of any kind rendered to the Company, and which is outside the scope of my employment contract, if any; (g) the stock purchase rights and the underlying shares of Common Stock are not intended to replace any pension rights or
compensation; (h) the stock purchase rights are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, unfair dismissal,
end-of-service payments, bonuses, long-service awards, pension or retirement benefits or similar payments and in no event should be considered as compensation for, or relating in any way to, past services for the Company or any Subsidiary;
(i) the grant will not be interpreted to form an employment contract or relationship with the Company or any Subsidiary; (j) the future value of the underlying shares of Common Stock is unknown and cannot be predicted with certainty;
(k) the value of shares purchased may increase or decrease in value, even below the purchase price; (l) no claim or entitlement to compensation or damages shall arise from termination of the stock purchase rights or diminution in value of
the shares of Common Stock purchased under the Stock Purchase Plan resulting from termination of my employment by the Company (for any reason whatsoever and whether or not in breach of local labor laws), and, in consideration of the grant, to which
I am not otherwise entitled, I irrevocably agree never to institute any claim against the Company or my actual employer if the Company is not my employer, and release the Company from any such claim that may arise; if, notwithstanding the foregoing,
any such claim is allowed by a court of competent jurisdiction, I 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 claims; and
(m) in the event of termination of my employment (whether or not in breach of local labor laws), my right to receive the stock purchase rights and purchase shares under the Stock Purchase Plan, if any, will terminate effective as of the date
that I am no longer actively employed and will not be extended by any notice period mandated under local law (e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law);
furthermore, in the event of termination of employment (whether or not in breach of local labor laws) and the Board shall have the exclusive discretion to determine when I am no longer actively employed for purposes of my grant. 

12. The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations
regarding my participation in the Stock Purchase Plan, or my acquisition or sale of the underlying shares of Common Stock. I am hereby advised to consult with my own personal tax, legal and financial advisors regarding my participation in the Stock
Purchase Plan before taking any action related to the Stock Purchase Plan. 
 13. I hereby explicitly and
unambiguously consent to the collection, use and transfer, in electronic or other form, of my personal data as described in this document by and among, as applicable, the Company and its Subsidiaries for the exclusive purposes of implementing,
administering and managing my participation in the Stock Purchase Plan. I understand that the Company may hold certain personal information about me, including, but not limited to, my name, home address and telephone number, date of birth, social
insurance number or other identification number, salary, nationality, job title, any shares of Common Stock or directorships held in the Company, details of all options or any other entitlement to shares of Common Stock awarded, canceled, exercised
or outstanding in my favor, for the purpose of implementing, administering and managing the Stock Purchase Plan (“Data”). I understand that Data may be transferred to any third parties assisting in the implementation, administration and
management of the Stock Purchase Plan, that these recipients may be located outside the United States and may have different data privacy laws and protections. I understand that I may request a list with the names and addresses of any potential
recipients of the Data by contacting my local human resources representative. I authorize the 

  
 13 

 
recipients to receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purposes of implementing, administering and managing my participation in the
Stock Purchase Plan, including any requisite transfer of such Data as may be required to a broker or other third party with whom I may elect to deposit any shares of Common Stock acquired upon purchase of shares under the Stock Purchase Plan. I
understand that Data will be held only as long as is necessary to implement, administer and manage my participation in the Stock Purchase Plan. I understand that I 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 my local human resources representative. I understand, however, that refusing or withdrawing
my consent may affect my ability to participate in the Stock Purchase Plan. For more information on the consequences of my refusal to consent or withdrawal of consent, I understand that I may contact my local human resources
representative. 
 14. The grant of stock purchase rights and the provisions of this Subscription Agreement are
governed by, and subject to, the laws of the State of California, without regard to conflicts of law provisions. For purposes of litigating any dispute that arises under this grant or the agreement, the parties hereby submit to and consent to the
jurisdiction of the State of California, agree that such litigation shall be conducted in the courts of Santa Clara County, California, or the federal courts for the United States for the Northern District of California, where this grant is made
and/or to be performed. 
 15. The Company may, in its sole discretion, decide to deliver any documents related to current or
future participation in the Stock Purchase Plan by electronic means. I hereby consent to receive such documents by electronic delivery and agree to participate in the Stock Purchase Plan through an on-line or electronic system established and
maintained by the Company or a third party designated by the Company. 
 16. The provisions of this Subscription Agreement are
severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

17. The Company reserves the right to impose other requirements on my participation in the Stock Purchase Plan, on the grant of purchase
rights and on any shares of Common Stock acquired under the Stock Purchase Plan, to the extent the Company determines it is necessary or advisable in order to comply with applicable law or facilitate administration of the Stock Purchase Plan, and to
require me to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
 18. I
UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT SUCCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME. 
  

							
	Dated:	 	  
	 		  	  

		 		 		  	Signature of Employee

  
 14 

 TRIMBLE NAVIGATION LIMITED 

AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN 
 SUBSCRIPTION AGREEMENT 
 FOR EMPLOYEES OUTSIDE THE U.S. 

Location                       
                  
  

			
	          Original Application
	  	Enrollment Date:                     
	          Change in Payroll Deduction Rate
	  	
	          Change of Beneficiary(ies)
	  	

 9.              hereby
elects to participate in the Trimble Navigation Limited Amended and Restated Employee Stock Purchase Plan (the “Stock Purchase Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this Subscription
Agreement, including any special terms and conditions for my country in any appendix hereto (the “Appendix”) and the Stock Purchase Plan. All capitalized terms not defined in this Subscription Agreement shall have the same meanings as set
forth in the Stock Purchase Plan. 
 10. I hereby authorize payroll deductions from each paycheck in the amount of
        % of my Compensation on each payday (not to exceed 10%) during the Offering Period in accordance with the Stock Purchase Plan. 

         Include bonuses as part of Compensation subject to payroll deduction. 

         Exclude bonuses from Compensation subject to payroll deduction. 

11. I understand that said payroll deductions shall be accumulated for the purchase of shares of Common Stock at the applicable purchase
price determined in accordance with the Stock Purchase Plan. I understand that if I do not withdraw from an Offering Period, any accumulated payroll deductions will be used to automatically exercise my option. 

12. I have received a copy of the complete “Trimble Navigation Limited Amended and Restated Employee Stock Purchase Plan.” I
understand that my participation in the Stock Purchase Plan is in all respects subject to the terms of the Stock Purchase Plan. I understand that the grant of the option by the Company under this Subscription Agreement is subject to obtaining
shareholder approval of the Stock Purchase Plan. 
 13. Shares purchased for me under the Stock Purchase Plan should be issued
in the name(s) of:
                                        
. 
 14. I understand that if I am a U.S. tax resident and I dispose of any shares received by me pursuant to the Stock
Purchase Plan within 2 years after the Enrollment Date (the first day of the Offering Period during which I purchased such shares) or within 1 year after the Exercise Date, I will be treated for U.S. federal income tax purposes as having received
ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares at the time such shares were delivered to me over the price which I paid for the shares. I hereby agree to notify the Company
in writing within 30  

  
 15 

 
days after the date of any such disposition. However, if I dispose of such shares at any time after the expiration of the holding period set forth above, I understand that I will be
treated for U.S. federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal to the lesser of (1) the excess of the fair
market value of the shares at the time of such disposition over the purchase price which I paid for the shares under the option, or (2) the excess of the fair market value of the shares over the option price, measured as if the option had been
exercised on the Enrollment Date. The remainder of the gain, if any, recognized on such disposition will be taxed as capital gain. 
 15. I hereby agree to be bound by the terms of the Stock Purchase Plan. The effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the Stock Purchase Plan.

 16. Regardless of any action the Company or my employer (the “Employer”) takes with respect to any or all income
tax, social insurance, payroll tax, payment on account or other tax-related items relating to my participation in the Stock Purchase Plan and legally applicable to me (“Tax-Related Items”), I acknowledge that the ultimate liability for all
Tax-Related Items is and remains my responsibility and that the Company and/or the Employer (1) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the stock purchase right
grant, including the grant, purchase of shares, the subsequent sale of shares of Common Stock acquired pursuant to such purchase and the receipt of any dividends; and (2) do not commit to and are under no obligation to structure the terms of
the grant or any aspect of the stock purchase rights to reduce or eliminate my liability for Tax-Related Items or achieve any particular tax result. Further, if I have become subject to tax in more than one jurisdiction during the Offering Period, I
acknowledge that the Company may be required to withhold or account for Tax-Related Items in more than one jurisdiction. 
 Prior to the
purchase of shares, I shall pay or make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all Tax-Related Items. In this regard, I authorize the Company and/or the Employer, or their respective agents, at their
discretion, to satisfy the obligations with regard to all Tax-Related Items by one or a combination of the following: (a) withholding from Compensation paid in cash to me by the Company and/or the Employer; or (b) withholding from the
proceeds of the sale of shares of Common Stock that I acquire, either through a voluntary sale or through a mandatory sale arranged by the Company (on my behalf pursuant to this authorization); or (c) withholding in shares of Common Stock to be
issued to me. 
 To avoid negative accounting treatment, the Company and/or the Employer may withhold or account for Tax-Related Items by
considering applicable statutory withholding amounts or other applicable withholding rates. If the obligation for Tax-Related Items is satisfied by withholding in shares of Common Stock, for tax purposes, I am deemed to have been issued the full
number of shares of Common Stock purchased, notwithstanding that some shares of Common Stock are held back solely for the purpose of paying the Tax-Related Items due as a result of any aspect of my participation in the Stock Purchase Plan.

 Finally, I shall pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required to
withhold or account for as a result of my participation in the Stock Purchase Plan or my purchase of shares of Common Stock that cannot be satisfied by the means previously described. The Company may refuse to honor the purchase and refuse to issue
and/or deliver the shares of Common Stock if I fail to comply with my obligations in connection with the Tax-Related Items. 
 9. The Company is
not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding my participation in the Stock Purchase Plan, or my acquisition or sale of the 

  
 16 

 
underlying shares of Common Stock; and I am advised to consult with my own personal tax, legal and financial advisors regarding my participation in the Stock Purchase Plan before taking any
action related to the Stock Purchase Plan. 
 10. In accepting the grant, I acknowledge that: (a) the Stock
Purchase Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the Company at any time; (b) the grant of stock purchase rights is voluntary and occasional and
does not create any contractual or other right to receive future grants, or benefits in lieu of grants, even if stock purchase rights have been granted repeatedly in the past; (c) all decisions with respect to future grants of stock purchase
rights, if any, will be at the sole discretion of the Company; (d) my participation in the Stock Purchase Plan shall not create a right to further employment with the Employer and shall not interfere with the ability of the Employer to
terminate my employment relationship at any time with or without cause; (e) I am voluntarily participating in the Stock Purchase Plan; (f) the stock purchase rights and the underlying shares of Common Stock are an extraordinary item that
does not constitute compensation of any kind for services of any kind rendered to the Company or the Employer, and which is outside the scope of my employment contract, if any; (g) the stock purchase rights and the underlying shares of Common
Stock are not intended to replace any pension rights or compensation; (h) the stock purchase rights are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance,
resignation, termination, redundancy, unfair dismissal, end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments and in no event should be considered as compensation for, or relating in any
way to, past services for the Company or the Employer or any Subsidiary; (i) the grant will not be interpreted to form an employment contract or relationship with the Company or any Subsidiary; (j) the future value of the underlying shares
of Common Stock is unknown and cannot be predicted with certainty; (k) the value of shares purchased may increase or decrease in value, even below the purchase price; (l) no claim or entitlement to compensation or damages shall arise from
termination of the stock purchase rights or diminution in value of the shares of Common Stock purchased under the Stock Purchase Plan resulting from termination of my employment by the Company or the Employer (for any reason whatsoever and whether
or not in breach of local labor laws), and, in consideration of the grant, to which I am not otherwise entitled, I irrevocably agree never to institute any claim against the Company or the Employer, waive my ability, if any, to bring any such claim,
and release the Company and the Employer from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction, I 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 claims; and (m) in the event of termination of my employment (whether or not in breach of local labor laws), my right to receive the stock purchase rights and
purchase shares under the Stock Purchase Plan, if any, will terminate effective as of the date that I am no longer actively employed and will not be extended by any notice period mandated under local law (e.g., active employment would not
include a period of “garden leave” or similar period pursuant to local law); furthermore, in the event of termination of employment (whether or not in breach of local labor laws) and the Board shall have the exclusive discretion to
determine when I am no longer actively employed for purposes of my grant. 
 11. The Company is not providing any
tax, legal or financial advice, nor is the Company making any recommendations regarding my participation in the Stock Purchase Plan, or my acquisition or sale of the underlying shares of Common Stock. I am hereby advised to consult with my own
personal tax, legal and financial advisors regarding my participation in the Stock Purchase Plan before taking any action related to the Stock Purchase Plan. 

  
 17 

 12. I hereby explicitly and unambiguously consent to the collection, use
and transfer, in electronic or other form, of my personal data as described in this document by and among, as applicable, the Employer, and the Company and its Subsidiaries for the exclusive purposes of implementing, administering and managing my
participation in the Stock Purchase Plan. I understand that the Company and the Employer may hold certain personal information about me, including, but not limited to, my name, home address and telephone number, date of birth, social insurance
number or other identification number, salary, nationality, job title, any shares of Common Stock or directorships held in the Company, details of all options or any other entitlement to shares of Common Stock awarded, canceled, exercised or
outstanding in my favor, for the purpose of implementing, administering and managing the Stock Purchase Plan (“Data”). I understand that Data may be transferred to any third parties assisting in the implementation, administration and
management of the Stock Purchase Plan, that these recipients may be located in my country or elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than my country. I
understand that I may request a list with the names and addresses of any potential recipients of the Data by contacting my local human resources representative. I authorize the recipients to receive, possess, use, retain and transfer the Data, in
electronic or other form, for the sole purposes of implementing, administering and managing my participation in the Stock Purchase Plan, including any requisite transfer of such Data as may be required to a broker or other third party with whom I
may elect to deposit any shares of Common Stock acquired upon purchase of shares under the Stock Purchase Plan. I understand that Data will be held only as long as is necessary to implement, administer and manage my participation in the Stock
Purchase Plan. I understand that I 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 my local human resources representative. I understand, however, that refusing or withdrawing my consent may affect my ability to participate in the Stock Purchase Plan. For more information on the consequences of my refusal to
consent or withdrawal of consent, I understand that I may contact my local human resources representative. 
 13.
The grant of stock purchase rights and the provisions of this agreement are governed by, and subject to, the laws of the State of California, USA, without regard to conflicts of law provisions. For purposes of litigating any dispute that arises
under this grant or the agreement, the parties hereby submit to and consent to the jurisdiction of the State of California, USA, agree that such litigation shall be conducted in the courts of Santa Clara County, California, USA, or the federal
courts for the United States for the Northern District of California, where this grant is made and/or to be performed. 
 14. If
I have received this Subscription Agreement or any other document related to the Stock Purchase Plan translated into a language other than English and if meaning of the translated version is different than the English version, the English version
will control. 
 15. The Company may, in its sole discretion, decide to deliver any documents related to current or future
participation in the Stock Purchase Plan by electronic means. I hereby consent to receive such documents by electronic delivery and agree to participate in the Stock Purchase Plan through an on-line or electronic system established and maintained by
the Company or a third party designated by the Company. 
 16. The provisions of this Subscription Agreement are severable and
if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

17. Notwithstanding any provisions in this Subscription Agreement to the contrary, the grant of purchase rights shall be subject to any
special terms and conditions for my country set forth in the 

  
 18 

 
Appendix. Moreover, if I relocate to one of the countries included in the Appendix, the special terms and conditions for such country apply to me, to the extent the Company determines that the
application of such terms and conditions is necessary or advisable in order to comply with applicable law or facilitate administration of the Stock Purchase Plan. The Appendix constitutes part of this Subscription Agreement. 

18. The Company reserves the right to impose other requirements on my participation in the Stock Purchase Plan, on the grant of purchase
rights and on any shares of Common Stock acquired under the Stock Purchase Plan, to the extent the Company determines it is necessary or advisable in order to comply with applicable law or facilitate administration of the Stock Purchase Plan, and to
require me to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
 19. I
UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT SUCCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME. 
  

							
	Dated:	 	  
	 		  	  

		 		 		  	Signature of Employee

  
 19 

 APPENDIX OF 
 SPECIAL TERMS AND CONDITIONS TO THE 
 TRIMBLE NAVIGATION LIMITED

 AMENDED AND RESTATED 
 EMPLOYEE STOCK PURCHASE PLAN 
 SUBSCRIPTION AGREEMENT 

FOR EMPLOYEES OUTSIDE THE U.S. 
 TERMS AND CONDITIONS 
 This Appendix, which is part of the Subscription Agreement,
includes additional terms and conditions that govern my participation in the Stock Purchase Plan and that will apply to me if I am in one of the countries listed below. Unless otherwise defined herein, capitalized terms set forth in this Appendix
shall have the meanings ascribed to them in the Stock Purchase Plan or the Subscription Agreement. 
 NOTIFICATIONS 

This Appendix also includes information regarding securities, exchange control and certain other issues of which I should be aware with respect to my
participation in the Stock Purchase Plan. The information is based on the securities, exchange control and other laws in effect in the respective countries as of April 2010. Such laws are often complex and change frequently. As a result, the Company
strongly recommends that I not rely on the information in this Appendix as the only source of information relating to the consequences of my participation in the Stock Purchase Plan because such information may be outdated when the shares of Common
Stock are purchased and/or when I sell any shares acquired at purchase. 
 In addition, the information contained herein is general in nature
and may not apply to my particular situation. As a result, the Company is not in a position to assure me of any particular result. The Company therefore advises me to seek appropriate professional advice as to how the relevant laws in my country may
apply to my particular situation. 
 Finally, if I am a citizen or resident of a country other than that in which I currently am working, or
transfer employment to a different country after the Enrollment Date, the information contained herein may not apply to me. 
 ALL
EUROPEAN ECONOMIC AREA COUNTRIES 
 TERMS AND CONDITIONS 
 Securities Law Restriction. If I work in a country located in the European Economic Area (“EEA”), my participation in the Stock Purchase Plan may be further limited as a result of
applicable securities laws. Specifically, contributions from employees working in the EEA will be limited to less than an aggregate amount of €2.5 million on an annual basis. It is also possible that certain other equity awards in the EEA
will count against this €2.5 million threshold. I understand that, if employees in the EEA elect to contribute more than this amount during any year, participation rates will be prorated to ensure that this threshold is not exceeded. If my
participation will be prorated, I will receive a notice from the Company explaining the proration. 
 AUSTRALIA. 

TERMS AND CONDITIONS 

  
 20 

 Australian Addendum. I understand and agree that my right to participate in the Stock Purchase
Plan and any stock purchase rights granted under the Stock Purchase Plan are subject to an Australian Addendum to the Stock Purchase Plan. My right to purchase shares of Common Stock is subject to the terms and conditions stated in the Australian
Addendum, the Offer Document, the Stock Purchase Plan and the Subscription Agreement. 
 NOTIFICATIONS 

Securities Law Information. If I acquire shares under the Stock Purchase Plan and offer the shares for sale to a person or entity resident in
Australia, the offer may be subject to disclosure requirements under Australian law, and I should obtain legal advice regarding any applicable disclosure obligations prior to making any such offer. 

Exchange Control Information. Exchange control reporting is required for cash transactions exceeding A$10,000 and international fund
transfers. The Australian bank assisting with the transaction will file the report for me. If there is no Australian bank involved in the transfer, I will be required to file the report myself. 

CANADA 
 TERMS AND
CONDITIONS 
 Nature of Grant. The following provision replaces Paragraph 10(m) of the Subscription Agreement: 

In the event of termination of my employment (whether or not in breach of local labor laws), my right to receive the stock purchase rights and purchase
shares under the Stock Purchase Plan, if any, will terminate effective as of the earlier of (i) date that I am no longer actively employed, or (ii) the date upon which I receive a notice of termination of my employment; the Board shall
have the exclusive discretion to determine when I am no longer actively employed for purposes of my grant. 
 The following provisions
apply if I am a resident of Quebec: 
 Consent to Receive Information in English. The parties acknowledge that it is their
express wish that the present 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 exigé la rédaction en anglais de cette convention, ainsi que de tous documents exécutés,
avis donnés et procédures judiciaries intentées, directement ou indirectement, relativement à ou suite à la présente convention. 
 Data Privacy. The following provision supplements Paragraph 12 of the Subscription Agreement: 
 I hereby authorize the Company and the Company’s representatives to discuss and obtain all relevant information from all personnel, professional or non-professional, involved in the administration of
the Stock Purchase Plan. I further authorize the Company, the Employer and/or any Subsidiary to disclose and discuss such information with their advisors. I also authorize the Company, the Employer and/or any Subsidiary to record such information
and to keep such information in my employment file. 
 CHILE 

  
 21 

 TERMS AND CONDITIONS 
 Authorization for Stock Purchase Plan Participation. I hereby authorize the Employer or any Subsidiary to remit my accumulated payroll deductions under the Stock Purchase Plan, on my behalf, to the
United States of America, to purchase shares of Common Stock. 
 I understand that I must execute the attached power of attorney and any other
agreements or consents that may be required to enable the Employer, a Subsidiary, or any third party designated by the Employer or the Company, to remit my accumulated payroll deductions from Chile to purchase shares of Common Stock under the Stock
Purchase Plan. I understand further that I must return the executed power of attorney to my local human resources representative; if I fail to do so, or if I fail to execute any other form of agreement or consent that is required for the remittance
of my payroll deductions, I shall not be able to participate in the Stock Purchase Plan. 
 NOTIFICATIONS 

Exchange Control Information. I must comply with the exchange control and tax reporting requirements in Chile when bringing funds into the country
in connection with the sale of shares of Common Stock acquired pursuant to the Stock Purchase Plan, and to register any investments with the Chilean Internal Revenue Service (“CIRS”). 

I am not required to repatriate funds obtained from the sale of shares of Common Stock. However, if I decide to repatriate, I must do so through the
Formal Exchange Market (i.e., a commercial bank or registered foreign exchange office), particularly if the funds exceed US$10,000. 
 If
my aggregate investments held outside of Chile exceed US$5,000,000 (including the investments made under the Stock Purchase Plan), I must report the status of such investments annually to the Central Bank, using Annex 3.1 of Chapter XII of the
Foreign Exchange Regulations. 
 Securities Law Information. Neither the Company nor the Common Stock is registered with the Chilean
Registry of Securities or under the control of the Chilean Superintendence of Securities. 
 Tax Reporting Obligation. If I hold shares
of Common Stock acquired under the Stock Purchase Plan, I must report the details of these investments on annual basis to the CIRS by filing Tax Form 1851, “Annual Sworn Statement Regarding Investments Held Abroad.” Furthermore, if I wish
to receive credit against my Chilean income taxes for taxes paid abroad, I must report the payment of taxes abroad to the CIRS by filing Tax Form 1853, “Annual Sworn Statement Regarding Credits for Taxes Paid Abroad.” These statements must
be submitted electronically through the CIRS website (www.sii.cl) before March 15 of each year. 
 [Power of
Attorney follows on accompanying page] 

  
 22 

 TRIMBLE NAVIGATION LIMITED 

AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN 
 POWER OF ATTORNEY 
 FOR EMPLOYEES IN CHILE 

KNOW ALL MEN BY THESE PRESENTS: 
 That
                                         
                   , an employee working for [insert name of Chilean subsidiary], a corporation duly organized and existing under the laws of Chile,
does hereby appoint as attorney-in-fact, [insert name of Chilean subsidiary], through its duly appointed representative, with full power and authority to do the following: 

 

	 	1.	To prepare, execute and file any report, application and/or any other documents required for implementation of the Trimble Navigation Limited Amended and Restated
Employee Stock Purchase Plan (as amended [insert date]) (the “Stock Purchase Plan”) in Chile; 

  

	 	2.	To take any action that may be necessary or appropriate to implement the Stock Purchase Plan with the competent Chilean authorities, including, without limitation, to
transfer my payroll deductions out of Chile to purchase shares of Common Stock under the Stock Purchase Plan; and 

  

	 	3.	To constitute and appoint, in its place and stead, and as its substitute, one or more representatives, with power of revocation. 

I hereby ratify and confirm as my own act and deed all that such representative may do or cause to be done by virtue of this instrument. 

IN WITNESS WHEREOF, I have caused this Power of Attorney to be executed in my name this 
          day of
                            ,
            . 

  (Month)                  
(Year) 
  

			
	By:	 	  

		 	(Signature)

  
 23 

 COSTA RICA 
 Stock Purchase Plan Participation Authorization. In addition to any other enrollment procedures specified by the Company, in order to participate in the Stock Purchase Plan I understand that I must
return the attached Stock Purchase Plan Participation Authorization Form to the Employer before the beginning of the Offering Period. 
 [Stock Purchase Plan Participation Authorization Form follows on accompanying page] 

  
 24 

 TRIMBLE NAVIGATION LIMITED 

AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN 
 STOCK PURCHASE PLAN PARTICIPATION AUTHORIZATION FORM 
 FOR EMPLOYEES IN
COSTA RICA 
 1. The undersigned hereby elects to participate in the Trimble Navigation Limited Amended and Restated Employee Stock Purchase
Plan (the “Stock Purchase Plan”) in order to purchase shares of Common Stock, in accordance with the terms and conditions of the Stock Purchase Plan and the Subscription Agreement, including the Appendix. Capitalized terms not defined
herein shall have the meanings ascribed to such terms in the Stock Purchase Plan or the Subscription Agreement, including the Appendix. 
 2. I
hereby acknowledge that I have received a full copy of the Stock Purchase Plan and that I understand the terms, methods and consequences of participating in the Stock Purchase Plan. 

3. In order to make my contributions for purchases of shares of Common Stock more efficient, I hereby request and authorize my employer,
[insert] (the “Employer”), to withhold from my paycheck each pay period the amount specified in the Subscription Agreement. This withholding will continue until I inform the Employer in writing to stop such payroll withholding. 

4. I hereby further request that the withholding to which the preceding paragraph refers shall be delivered by the Employer to the Company or the
administrator of the Stock Purchase Plan (the “Administrator”). These amounts shall be used by the Company or the Administrator to purchase shares of Common Stock in accordance with the terms and conditions of the Stock Purchase Plan and
the Subscription Agreement, including the Appendix. 
 5. I acknowledge and agree that the participation of the Employer in the Stock Purchase
Plan is limited to acting as an intermediary in delivering to the Company the amounts withheld from my paycheck each pay period. The Employer will make no additional salary payment or pay other compensation to me as a result of the Stock Purchase
Plan. I hereby acknowledge that the withholding I have requested is not a loss of salary and that I have received in full for each pay period my entire salary during my participation in the Stock Purchase Plan. 

 

			
	  

	Signature	 	
	
	  

	Name	 	
		
	  
	 	
	Date	 	

 YOU MUST PRINT, SIGN AND SUBMIT THIS FORM TO THE EMPLOYER, [insert name], IN ORDER FOR CONTRIBUTIONS TO BE
WITHHELD AND YOUR PARTICIPATION IN THE STOCK PURCHASE PLAN TO BEGIN. 

  
 25 

 CZECH REPUBLIC 
 NOTIFICATIONS 
 Exchange Control Information. I understand that the Czech
National Bank may require me to fulfill certain notification requirements in relation to the purchase of shares and the opening and maintenance of a foreign account. I agree to fulfill such requirements to the extent applicable to me in light of my
participation in the Stock Purchase Plan. I should consult with my personal advisor before purchasing shares to ensure compliance with current regulations. Compliance with applicable Czech exchange control laws is solely my responsibility.

 FRANCE 
 TERMS
AND CONDITIONS 
 Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the
terms and conditions set forth in the Appendix for all EEA countries. 
 Language Consent. By accepting this document providing for
the terms and conditions of my grant, I confirm having read and understood the documents relating to this grant (the Stock Purchase Plan and this Subscription Agreement) which were provided in English language. I accept the terms of those documents
accordingly. 
 En acceptant ce document décrivant les termes et conditions de mon attribution, je confirme ainsi avoir lu et compris
les documents relatifs à cette attribution (le Plan et cet Accord de Souscription) qui ont été communiqués en langue anglaise. J’accepte les termes de ces documents en connaissance de cause. 

NOTIFICATIONS 
 Exchange
Control Information. If I import or export cash (e.g., sales proceeds received under the Stock Purchase Plan) with a value equal to or exceeding €10,000 and do not use a financial institution to do so, he I must submit a report
to the customs and excise authorities. If I maintain a foreign bank account, I am required to report the maintenance of such to the French tax authorities when filing my annual tax return. 
 GERMANY 
 TERMS AND CONDITIONS 

Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the terms and conditions set forth in the
Appendix for all EEA countries. 
 NOTIFICATIONS 
 Exchange Control Information. Cross-border payments in excess of €12,500 must be reported monthly to the German Federal Bank. If I use a German bank to transfer a cross-border payment in
excess of €12,500 in connection with the sale of shares acquired at purchase, the bank will make the report for me. In addition, I must report any receivables or payables or debts in foreign currency exceeding an amount of €5,000,000 on a
monthly basis. 
 INDIA 

NOTIFICATIONS 

  
 26 

 Exchange Control Information. I understand that proceeds from the sale of shares must be
repatriated to India within a reasonable period of time (i.e., two weeks). I also understand that I should obtain a foreign inward remittance certificate (“FIRC”) from the bank for my records to document compliance with this
requirement, in case evidence of such repatriation is requested by the Reserve Bank of India or the Employer. 
 IRELAND

 TERMS AND CONDITIONS 
 Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the terms and conditions set forth in the Appendix for all EEA countries. 

NOTIFICATIONS 
 Director
Notification Obligation. If I am a director, shadow director or secretary of the Company’s Irish Subsidiary or Affiliate, I must notify the Irish Subsidiary in writing within five business days of receiving or disposing of an interest in
the Company (e.g., the purchase rights, shares of Common Stock, etc.), or within five business days of becoming aware of the event giving rise to the notification requirement or within five days of becoming a director, shadow director or
secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18 (whose interests will be attributed to me if I am a director, shadow director or
secretary). 
 KENYA 

There are no country-specific terms and conditions. 
 KOREA 
 TERMS AND CONDITIONS 

Power of Attorney. I understand that I may be required to execute and return a Power of Attorney to my local human resources representative in
order to participate in the Stock Purchase Plan and that my failure to do so may prevent me from being able to participate in the Stock Purchase Plan. 
 NOTIFICATIONS 
 Exchange Control Information. If I receive US$500,000 or
more from the sale of shares, Korean exchange control laws require that I repatriate the proceeds to Korea within 18 months of the sale. 

MEXICO 
 TERMS AND
CONDITIONS 
 Payroll Deductions. In addition to any other enrollment procedures specified by the Company, in order to participate
in the Stock Purchase Plan I understand that I must return the attached Payroll Withholding Authorization Form to the Employer before the beginning of the Offering Period. 

  
 27 

 Labor Law Policy and Acknowledgment. By participating in the Stock Purchase Plan, I expressly
recognize that Trimble Navigation Limited, with registered offices at 935 Stewart Drive, Sunnyvale, California 94085, U.S.A., is solely responsible for the administration of the Stock Purchase Plan and that my participation in the Stock Purchase
Plan and purchase of shares of Common Stock does not constitute an employment relationship between me and the Company since I am participating in the Stock Purchase Plan on a wholly commercial basis and my sole employer is Geo de SECO S. de R.L. de
C.V. (“Trimble-Mexico”). Based on the foregoing, I expressly recognize that the Stock Purchase Plan and the benefits that I may derive from participation in the Stock Purchase Plan do not establish any rights between me and the employer,
Trimble-Mexico, and do not form part of the employment conditions and/or benefits provided by Trimble-Mexico and any modification of the Stock Purchase Plan or its termination shall not constitute a change or impairment of the terms and conditions
of my employment. 
 I further understand that my participation in the Stock Purchase Plan is as a result of a unilateral and discretionary
decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue my participation at any time without any liability to me. 
 Finally, I hereby declare that I do not reserve to myself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Stock Purchase Plan or
the benefits derived under the Stock Purchase Plan, and I therefore grant a full and broad release to the Company, its affiliates, branches, representation offices, its shareholders, officers, agents or legal representatives with respect to any
claim that may arise. 
 Reconocimiento de Ausencia de Relación Laboral y Declaración de la Política.
Participando en el Plan, reconozco expresamente que Trimble Navigation Limited, con sus oficinas registradas en 935 Stewart Drive, Sunnyvale, California 94085, U.S.A., es el único responsable de la administración del Plan y que
mi participación en el mismo y la compra de acciones no constituye de ninguna manera una relación laboral entre mi persona y la Compañía dado que mi participación en el Plan deriva únicamente de una
relación comercial y que mi único empleador es Geo de SECO S. de R.L. de C.V. (“Trimble-Mexico”). Derivado de lo anterior, expresamente reconozco que el Plan y los beneficios que pudieran derivar del mismo no establecen
ningún derecho entre mi persona y el empleador, Trimble-Mexico, y no forman parte de las condiciones laborales y/o prestaciones otorgadas por Trimble-Mexico, y cualquier modificación al Plan o la terminación del mismo no
podrá ser interpretada como una modificación o degradación de los términos y condiciones de mi trabajo. 

Asimismo, entiendo que mi participación en el Plan es resultado de la decisión unilateral y discrecional de la Compañía;
por lo tanto, la Compañía se reserva el derecho absoluto para modificar y/o terminar mi participación en cualquier momento, sin ninguna responsabilidad para mi persona. 

Finalmente, manifiesto que no me reservo ninguna acción o derecho que origine una demanda en contra de la Compañía por cualquier
compensación o daño en relación con cualquier disposición del Plan o de los beneficios derivados del mismo, y en consecuencia otorgo un amplio y total finiquito a la Compañía, sus afiliadas, sucursales,
oficinas de representación, sus accionistas, directores, agentes y representantes legales con respecto a cualquier demanda que pudiera surgir. 
 [Payroll Withholding Authorization Form follows on accompanying page] 

  
 28 

 TRIMBLE NAVIGATION LIMITED 

AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN 
 PAYROLL WITHHOLDING AUTHORIZATION FORM 
 FOR EMPLOYEES IN MEXICO

 1. The undersigned hereby elects to participate in the Trimble Navigation Limited Amended and Restated Employee Stock Purchase Plan (the
“Stock Purchase Plan”) in order to purchase shares of Common Stock, in accordance with the terms and conditions of the Stock Purchase Plan and the Subscription Agreement, including the Appendix. Capitalized terms not defined herein shall
have the meanings ascribed to such terms in the Stock Purchase Plan or the Subscription Agreement, including the Appendix. 
 2. I hereby
acknowledge that I have received a full copy of the Stock Purchase Plan and that I understand the terms, methods and consequences of participating in the Stock Purchase Plan. 
 3. In order to make the purchases of shares of Common Stock more efficient, I hereby request and authorize my employer, Geo de SECO S. de R.L. de C.V. (the “Employer”), to withhold from my
paycheck each pay period the amount specified in the Subscription Agreement. This withholding will continue until I inform the Employer in writing to stop such payroll withholding. 
 4. I hereby further request that the withholding to which the preceding paragraph refers shall be delivered by the Employer to the Company or the administrator of the Stock Purchase Plan (the
“Administrator”). These amounts shall be used by the Company or the Administrator to purchase shares of Common Stock in accordance with the terms and conditions of the Stock Purchase Plan and the Subscription Agreement, including the
Appendix. 
 5. I acknowledge and agree that the participation of the Employer in the Stock Purchase Plan is limited to acting as an
intermediary in delivering to the Company the amounts withheld from my paycheck each pay period. The Employer will make no additional salary payment or pay other compensation to me as a result of the Stock Purchase Plan. 

6. I hereby acknowledge that the withholding I have requested is not a loss of salary and that I have received in full for each pay period my entire
salary during my participation in the Stock Purchase Plan. 
 7. I acknowledge that my work relationship is exclusively with the Employer and
that there is no work relationship between the Company and me. 
 Therefore, the Stock Purchase Plan shall not be considered a labor benefit in
my favor, and my participation in the Stock Purchase Plan creates no labor obligations or rights between the Company and me. 
 The purchase
rights are not part of normal or expected compensation for purposes of calculating any termination, severance, resignation, redundancy, end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar
payments under my employment relationship with the Employer. The value of the purchase rights and any shares purchased or to be purchased pursuant to the Stock Purchase Plan, if any, are extraordinary items, which are outside the scope of the
employment contract with the Employer, if any. 
 8. By participating in the Stock Purchase Plan, I accept all of its terms and conditions and,
in particular, I acknowledge that: 

  
 29 

 (a) the Stock Purchase Plan is discretionary in nature and may be modified, amended,
suspended or terminated by the Company at any time; 
 (b) the grant of purchase rights under the Stock Purchase Plan does not
create any contractual or other right to receive future grants of purchase rights, or benefits in lieu of purchase rights; 

(c) all decisions with respect to future grants of stock purchase rights, if any, will be at the sole discretion of the Company;

 (d) my participation in the Stock Purchase Plan is voluntary; 

(e) the right to purchase shares of Common Stock, if any, ceases upon termination of employment with the Employer for any reason except
as may otherwise be explicitly provided in the Stock Purchase Plan or the Subscription Agreement; 
 (f) the future value of the
shares of Common Stock purchased under the Stock Purchase Plan is unknown and cannot be predicted with certainty; and 
 (g) the
Stock Purchase Plan is governed by, and subject to, the laws of the State of California as provided in the Subscription Agreement. 
  

			
	 Sincerely,
	 	
	
	  

	Signature	 	
	
	  

	Name	 	
		
	  
	 	
	Date	 	

 YOU MUST PRINT, SIGN AND SUBMIT THIS FORM TO THE EMPLOYER, Geo de SECO S. de R.L. de C.V., IN ORDER FOR
PAYROLL DEDUCTIONS AND YOUR PARTICIPATION IN THE STOCK PURCHASE PLAN TO BEGIN. 

  
 30 

 NETHERLANDS 
 TERMS AND CONDITIONS 
 Securities Law Restriction. My participation in
the Stock Purchase Plan may be limited pursuant to the terms and conditions set forth in the Appendix for all EEA countries. 

Withdrawal. I understand that, as provided by the Stock Purchase Plan, the Subscription Agreement and the prospectus, I may withdraw all but
not less than all the payroll deductions credited to my account and not yet used to purchase shares at any time by giving written notice to the Company. I understand that all of my payroll deductions credited to my account will be paid to me
promptly, without interest, after receipt of notice of withdrawal and that my participation during that Offering Period will be automatically terminated, and no further payroll deductions for the purchase of shares will be made during the Offering
Period. 
 Nature of Grant. The following provision supplements Paragraph 10 of the Subscription Agreement: 

In accepting the grant of purchase rights, I acknowledge that the purchase rights granted under the Stock Purchase Plan are intended as an incentive for
me to remain employed with the Employer and are not intended as remuneration for labor performed. 
 NOTIFICATIONS 

Securities Law Information. I am advised of Dutch insider-trading rules, which may impact the sale of shares purchased under the Stock
Purchase Plan. In particular, I may be prohibited from effectuating certain transactions if I have inside information regarding the Company. 

By accepting the purchase rights and participating in the Stock Purchase Plan, I acknowledge having read and understood this Securities Law Information
and further acknowledge that it is my responsibility to comply with the following Dutch insider-trading rules. 
 Under Article 46 of the Act on
the Supervision of the Securities Trade 1995, 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 details concerning the issuing company to which the securities relate, which is not public and which, if published, would reasonably be expected to affect the stock price, regardless of the development of the price. The
insider could be an employee in the Netherlands who has inside information as described herein. 
 Given the broad scope of the definition of
inside information, certain employees of the Company, the Employer or a Subsidiary working in the Netherlands (possibly including me) may have inside information and, thus, would be prohibited from effectuating a transaction in securities in the
Netherlands at a time when in possession of such inside information. 
 NEW ZEALAND 

TERMS AND CONDITIONS 

Securities Law Acknowledgment. I acknowledge that I will receive the following documents in connection with the offer to purchase shares under
the Stock Purchase Plan: 

  
 31 

	 	(i)	this Subscription Agreement, including the Appendix, which sets forth the terms and conditions of the offer to purchase Shares; 

 

	 	(ii)	a copy of the Company’s most recent annual report and most recent financial reports have been made available to enable me to make informed decisions concerning
participation in the Stock Purchase Plan; and 

  

	 	(iii)	a copy of the description of the Trimble Navigation Limited Amended and Restated Employee Stock Purchase Plan (“Description”) (i.e., the Company’s
Form S-8 Plan Prospectus under the U.S. Securities Act of 1933, as amended), and the Company will provide any attachments or documents incorporated by reference into the Description upon written request. The documents incorporated by reference into
the Description are updated periodically. Should I request copies of the documents incorporated by reference into the Description, the Company will provide me with the most recent documents incorporated by reference. 

NORWAY 
 TERMS AND
CONDITIONS 
 Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the terms
and conditions set forth in the Appendix for all EEA countries. 
 SINGAPORE 

NOTIFICATIONS 

Securities Law Information. The grant of purchase rights under the Stock Purchase Plan is being made on a
private basis and is, therefore, exempt from registration in Singapore. 
 Director
Notification. If I am a director, associate director or shadow director of a Singaporean Subsidiary, I must notify the Singaporean Subsidiary in writing within two days of receiving or disposing of an interest (e.g., purchase
rights) in the Company or a Subsidiary, or within two days of becoming a director if such an interest exists at the time. 
 SPAIN

 TERMS AND CONDITIONS 
 Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the terms and conditions set forth in the Appendix for all EEA
countries. 
 Nature of Stock Purchase Plan. The following provisions supplement Paragraph 10 of the
Subscription Agreement: 
 By signing the Subscription Agreement, I consent to participation in the Stock Purchase Plan and acknowledge
that I have received a copy of the Stock Purchase Plan. 
 I understand that the Company has unilaterally, gratuitously and in its own
discretion decided to offer the opportunity to participate in the Stock Purchase Plan to Employees in certain countries around the world. This is a limited decision that is entered into upon the express assumption and condition that such

  
 32 

 
offer will not bind the Company or any Subsidiary, other than as set forth in the Subscription Agreement. Consequently, I understand that the offer to participate in the Stock Purchase Plan is
extended on the assumption and condition that my participation and/or any shares of Common Stock acquired under the Stock Purchase Plan are not part of any employment contract (either with the Employer, the Company, or any Subsidiary) and shall not
be considered a mandatory benefit, salary for any purpose (including severance compensation), or any right whatsoever. Furthermore, I understand that I shall not be entitled to continue participating in the Stock Purchase Plan once my status as an
Employee terminates. In addition, I understand that the offer to participate in the Stock Purchase Plan would not have been made to me but for the assumptions and conditions referred to above; thus, I acknowledge and freely accept that, should any
or all of the assumptions be mistaken, or should any of the conditions not be met, for any reason, any offer or right to participate in the Stock Purchase Plan shall be null and void. 
 Termination of Employment. Upon a termination of my status as Employee prior to the Exercise Date for any reason, including, without limitation, retirement, death, or
a termination that is deemed to be an “unfair dismissal” or “constructive dismissal,” my participation in the Stock Purchase Plan will be terminated in accordance with Section 10(b) of the Stock Purchase Plan.

 NOTIFICATIONS 

Exchange Control Information. I must declare the acquisition of shares of Common Stock to the Direccion General de
Política Comercial y de Inversiones Extranjeras (the “DGPCIE”) of the Ministerio de Economia for statistical purposes. I also must declare ownership of any shares of Common Stock with the Directorate of Foreign Transactions each
January while the shares are owned. In addition, if I wish to import the ownership title of the shares (i.e., share certificates) into Spain, I must declare such importation to the DGPCIE. 

When receiving foreign currency payments derived from the ownership of shares of Common Stock (i.e., dividends or sale proceeds), I must inform the
financial institution receiving the payment of the basis upon which such payment is made. I will need to provide the institution with the following information: (i) my name, address, and fiscal identification number; (ii) the name and
corporate domicile of the Company; (iii) the amount of the payment; (iv) the currency used; (v) the country of origin; (vi) the reasons for the payment; and (vii) any further information that may be required. 

SWEDEN 
 TERMS AND
CONDITIONS 
 Securities Law Restriction. My participation in the Stock Purchase Plan may be
limited pursuant to the terms and conditions set forth in the Appendix for all EEA countries. 
 SWITZERLAND

 NOTIFICATIONS 

Securities Law Information. The offer to participate in the Stock Purchase Plan is considered a private offering in
Switzerland and is, therefore, not subject to registration in Switzerland. 
 UNITED ARAB EMIRATES 

NOTIFICATIONS 

  
 33 

 Securities Law Information. Participation in the Stock Purchase Plan
is being offered only to qualified employees and is in the nature of providing equity incentives to employees of a Subsidiary in the United Arab Emirates. 
 UNITED KINGDOM 
 TERMS AND CONDITIONS 

Securities Law Restriction. My participation in the Stock Purchase Plan may be limited pursuant to the terms and conditions set forth in the
Appendix for all EEA countries. 
 Joint Election. As a condition of participation in the Stock Purchase Plan and the purchase of shares, I
agree to accept any liability for secondary Class 1 National Insurance contributions which may be payable by the Company and/or the Employer in connection with the purchase rights and any event giving rise to Tax-Related Items (the “Employer
NICs”). Without prejudice to the foregoing, I agree to execute a joint election with the Company, the form of such joint election having been approved formally by Her Majesty’s Revenue and Customs (“HMRC”) (the “Joint
Election”), and any other required consent or election. I further agree to execute such other joint elections as may be required between me and any successor to the Company or the Employer. I further agree that the Company or the Employer may
collect the Employer NICs from me by any of the means set forth in Paragraph 8 of the Subscription Agreement. 
 If I do not enter into a
Joint Election prior to the Exercise Date, I will not be entitled to purchase the shares unless and until I enter into a Joint Election, and no shares will be issued to me under the Stock Purchase Plan, without any liability to the Company or the
Employer. 
 Tax Obligations. The following provision supplements Paragraph 8 of the Subscription Agreement: 

I agree that, if I do not pay or the Company or the Employer does not withhold from me, the full amount of Tax-Related Items that I owe at purchase of
the shares, or the release or assignment of these purchase rights for consideration, or the receipt of any other benefit in connection with these purchase rights (the “Taxable Event”) within 90 days after the Taxable Event, or such other
period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003, the amount that should have been withheld shall constitute a loan owed by me to the Company and/or the Employer, effective 90 days after the Taxable
Event. I agree that the loan will bear interest at the official HMRC rate and immediately will be due and repayable by me, and the Company and/or the Employer may recover it at any time thereafter by withholding such amount from Compensation or any
other funds due to me by the Company or the Employer, by withholding in shares issued upon purchase or from the cash proceeds from the sale of shares or by demanding cash or a check from me. I also authorize the Company to delay the issuance of any
shares to me unless and until the loan is repaid in full. 
 Notwithstanding the foregoing, if I am an executive officer or director within the
meaning of Section 13(k) of the U.S. Securities Exchange Act of 1934, as amended, the terms of the immediately foregoing provision will not apply. In the event that I am an executive officer or director and Tax-Related Items are not collected
within 90 days of the Taxable Event, the amount of any uncollected Tax-Related Items may constitute a benefit to me on which additional income tax and National Insurance contributions may be payable. I acknowledge that the Company and/or the
Employer may recover any such additional income tax and National Insurance contributions at any time thereafter by any of the means referred to in Paragraph 8 of the Subscription Agreement. 

  
 34

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00185-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00185-of-00352.parquet"}]]