0000060667-20-000085 Sample Contracts

Non-Qualified Stock Option Agreement
Non-Qualified Stock Option Agreement • May 28th, 2020 • Lowes Companies Inc • Retail-lumber & other building materials dealers • North Carolina

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”), between LOWE’S COMPANIES, INC., a North Carolina corporation (the “Company”), and the individual (“Participant”) identified in the accompanying Notice of Grant of Stock Options and Non-Qualified Stock Option Agreement (the “Notice”), is made pursuant and subject to the Notice and the provisions of the Company’s 2006 Long Term Incentive Plan, as amended and restated (the “Plan”), a copy of which has been made available to Participant. All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

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RELEASE AND SEPARATION AGREEMENT
Release and Separation Agreement • May 28th, 2020 • Lowes Companies Inc • Retail-lumber & other building materials dealers • North Carolina

THIS RELEASE AND SEPARATION AGREEMENT (this “Agreement”) is made and entered into this the 6 day of April, 2020, by and between Lowe’s Companies, Inc., a North Carolina corporation, its parents, subsidiaries and affiliates (hereinafter referred to as “Lowe’s” or the “Company”), and Jennifer L. Weber (“Executive”).

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