0001193125-08-143947 Sample Contracts

FORM OF RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • June 30th, 2008 • Valassis Communications Inc • Services-advertising • Delaware

This Agreement confirms the grant of an Award of Restricted Stock to you effective as of «Insert Date» (the “Grant Date”) under the Valassis Communications, Inc. 2008 Omnibus Incentive Compensation Plan (the “Plan”), upon the following terms and conditions. Capitalized terms used in this Agreement, but not defined herein, shall have the meanings set forth in the Plan.

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FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • June 30th, 2008 • Valassis Communications Inc • Services-advertising • Delaware

This Agreement confirms the grant of a non-qualified stock option to you effective as of «Insert Date» (the “Grant Date”) under the Valassis Communications, Inc. 2008 Omnibus Incentive Compensation Plan (the “Plan”), upon the following terms and conditions. Capitalized terms used in this Agreement, but not defined herein, shall have the meanings set forth in the Plan.

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