0000704051-15-000045 Sample Contracts

LEGG MASON, INC. 1996 EQUITY INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • May 22nd, 2015 • Legg Mason, Inc. • Investment advice • New York

This Award is subject in all respects to the applicable provisions of the Plan. Such provisions are incorporated herein by reference and made a part hereof. Capitalized terms that are not defined in Section 5.7 below are defined in the Plan and shall have the meanings specified in the Plan.

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LEGG MASON, INC. 1996 EQUITY INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD AGREEMENT
Equity Incentive Plan • May 22nd, 2015 • Legg Mason, Inc. • Investment advice • New York

This Award is subject in all respects to the applicable provisions of the Plan. Such provisions are incorporated herein by reference and made a part hereof. Capitalized terms that are not defined in Section 6.8 below are defined in the Plan and shall have the meanings specified in the Plan.

DIRECTOR’S SERVICE AGREEMENT LEGG MASON & CO (UK) LIMITED ISSUED April 1, 2015 FOR Ursula Schliessler
Service Agreement • May 22nd, 2015 • Legg Mason, Inc. • Investment advice • England and Wales
LEGG MASON, INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • May 22nd, 2015 • Legg Mason, Inc. • Investment advice

This option is subject in all respects to the applicable provisions of the Plan, which is incorporated herein by reference and made a part hereof. In addition to the terms, conditions and restrictions set forth in the Plan, all terms, conditions and restrictions set forth in this Agreement, including the following, are applicable to the option granted by this Agreement:

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