GameDynamo - "Assassin’s Creed IV: Black Flag is the first game in the series to offer a new type of side quest called Templar Hunts. There are four of these special assassination missions total, and each one will get you some rewards. In addition to a small amount of Reales, each successful hunt grants you a piece to unlock the Templar Armor, which gives Edward the ability to take 25% less damage.
To get started, you’ll need to have acquired the Great Inagua hideout. Once you have this, you can find the starting point for each hunt to get the information needed to complete these side missions. Ready to hunt some Templars? Use our guide if you need help."