Form of Performance Shares Agreement under the ADTRAN, Inc. 2015 Employee Stock Incentive Plan ADTRAN, INC. PERFORMANCE SHARES AGREEMENTPerformance Shares Agreement • December 21st, 2016 • Adtran Inc • Telephone & telegraph apparatus
This Performance Shares Agreement (this “Agreement”) sets forth the specified terms of ADTRAN, Inc.’s grant of the number of Restricted Stock Units (“Performance Shares”) as it set forth in the Morgan Stanley StockPlan Connect (the “Portal”) to the applicable grantee named in the Portal (the “Participant”) pursuant to the ADTRAN, Inc. 2015 Employee Stock Incentive Plan (the “Plan”) as of the date of grant set forth in the Portal (the “Date of Grant”). All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Plan.
