Under Armour 2005 Annual Report Download - page 25

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The general location, use, approximate size and lease renewal date of our properties, none of which is
owned by us, are set forth below:
Location Use
Approximate
Gross
Square Feet
Lease
Renewal Date
Baltimore, MD ....... Corporate headquarters 92,700 May 2007
Amsterdam, The
Netherlands ........ European headquarters 1,000 January 2011
Glen Burnie, MD ..... Distribution facility, 17,000 square foot quick-turn,
Special Make-Up Shop manufacturing facility and
4,500 square foot retail outlet store 245,000(1) April 2009
Denver, CO .......... Sales office 6,000 August 2007
Ontario, Canada ...... Sales office 2,500 October 2006
Hong Kong .......... Quality assurance & sourcing 5,500 April 2007
Various ............. Retail store space 14,800 (2)
(1) We are obligated to increase our leased space up to 265,000 by July 2006 and up to 359,000 square feet by
April 2009.
(2) As of December 31, 2005, we operated five retail outlet stores. We anticipate that we will be able to extend
these leases that expire in the near future on satisfactory terms or relocate to more desirable locations.
ITEM 3. LEGAL PROCEEDINGS
From time to time, we have been involved in various legal proceedings. We believe that all such litigation is
routine in nature and incidental to the conduct of our business, and we believe that no such litigation will have a
material adverse effect on our financial condition, cash flows or results of operation.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
On November 12, 2005, at a special meting of our stockholders, the following four matters were put to a
vote of our stockholders:
• Approval and adoption of the Articles of Amendment and Restatement of the Articles of Incorporation
of Under Armour and the approval and adoption of an exchange agreement providing for the issuance of
16,200,000 share of our Class B Convertible Common Stock in exchange for 16,200,000 share of our
Class A Common Stock held by Kevin A. Plank and affiliated entities;
• approval and adoption of our Deferred Compensation Plan for Key Employees;
• approval and adoption of our Employee Stock Purchase Plan; and
• approval and adoption of our 2005 Omnibus Long-Term Incentive Plan.
Proposal Votes For
Votes
Against Abstentions
Articles of Amendment and Restatement and Exchange Agreement ....... 30,792,401 300,000 0
Deferred Compensation Plan for Key Employees ...................... 31,092,401 0 0
Employee Stock Purchase Plan .................................... 31,092,401 0 0
2005 Omnibus Long-Term Incentive Plan ............................ 31,092,401 0 0
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