0001051512-15-000037 Sample Contracts

YEAR>> RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • May 6th, 2015 • Telephone & Data Systems Inc /De/ • Telephone communications (no radiotelephone) • Delaware

Telephone and Data Systems, Inc., a Delaware corporation (the “Company”), hereby grants to «FNAME» «LNAME» (the “Employee”) as of <<DATE>> (the “Grant Date”), pursuant to the provisions of the Telephone and Data Systems, Inc. 2011 Long-Term Incentive Plan, as amended (the “Plan”), a Restricted Stock Unit Award (the “Award”) with respect to «RSO» shares of Common Stock, upon and subject to the restrictions, terms and conditions set forth below. Capitalized terms not defined herein shall have the meanings specified in the Plan.

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TELEPHONE AND DATA SYSTEMS, INC. <<YEAR>> STOCK OPTION AWARD AGREEMENT
Stock Option Award Agreement • May 6th, 2015 • Telephone & Data Systems Inc /De/ • Telephone communications (no radiotelephone) • Delaware

Telephone and Data Systems, Inc., a Delaware corporation (the “Company”), hereby grants to «FNAME» «LNAME» (the “Optionee”), as of <<GRANT DATE>> (the “Option Date”), pursuant to the provisions of the Telephone and Data Systems, Inc. 2011 Long-Term Incentive Plan, as amended (the “Plan”), a Non-Qualified Stock Option (the “Option”) to purchase from the Company «STKO» shares of Common Stock at the price of $<<PRICE>> per share upon and subject to the terms and conditions set forth below. Capitalized terms not defined herein shall have the meanings specified in the Plan.

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