0001564590-20-006425 Sample Contracts

Service Agreement
Service Agreement • February 25th, 2020 • Adtran Inc • Telephone & telegraph apparatus • Alabama

Mr Scheiterer has been appointed as Managing Director of the Company effective 5 May 2012. The Parties’ employment relationship is currently governed by the Service Agreement dated 4 May 2012.

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ADTRAN, INC. CLAWBACK AGREEMENT
Clawback Agreement • February 25th, 2020 • Adtran Inc • Telephone & telegraph apparatus

The Board of Directors of the Company (the "Board") adopted a policy that requires executive officers who receive incentive based compensation to agree to the terms of this Clawback Agreement (the “Agreement”). The Policy provides for the recoupment of certain executive incentive based compensation received in error as determined by accounting restatements resulting from material noncompliance with financial reporting requirements under the federal securities laws (the "Policy"). The Policy and this Agreement are designed to comply with Section 10D of the Securities Exchange Act of 1934 (the "Exchange Act").

November 29, 2018 Dear Jeff,
Adtran Inc • February 25th, 2020 • Telephone & telegraph apparatus

Conditioned upon and effective as of the successful closing of the Transaction (the "Effective Date"), and assuming you remain an active employee of SmartRG in good standing immediately up to the Effective Date, ADTRAN is pleased to offer you continued employment with SmartRG, Inc., as a wholly-owned subsidiary of ADTRAN, with the following exceptions: a) your position will be VP, General Manager; and b) you will report to Jay Wilson, SVP, Technology & Strategy. Your start date would coincide with the Effective Date (i.e., the closing of the Transaction).

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