Company: UZF
Filing Date: 2025-01-14
Form Type: PREM14C
Source: 0000821130-25-000006
Chunk: 42

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-01-14
Form: PREM14C
Chunk 42
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, TDS and its affiliates, they will be entitled to receive severance pay in a lump sum cash payment equal to one year of base pay at the time of separation. The Executive Severance Policy also provides the Company with the discretion to provide the executive officers with additional benefits (e.g., prorated annual bonuses). The Company’s executive officers other than Mr. Therivel are eligible for severance under the Executive Severance Policy. The Therivel Letter Agreement overrides the Executive Severance Policy in the event of an involuntary termination of Mr. Therivel’s employment.

For purposes of the Executive Severance Policy, an “involuntary separation without cause” is defined as the elimination of the executive officer’s position due to a strategic organizational change, such as a reduction in force, outsourcing or other restructuring (a “

#### Qualifying Transaction
”) where such executive officer has not been offered a position that is similar and/or comparably compensated with the Company or with a new functional owner (whether or not such owner is affiliated with the Company). If the executive officer accepts a similar position with TDS or an affiliate of the Company that remains part of the same controlled group as TDS, the executive officer will be eligible for severance under and subject to the terms of the Executive Severance Policy if the executive officer’s employment is involuntarily separated without cause within one year following the change of employer.

The closing of the T-Mobile Transaction, which is a condition to the Closing of the Verizon Transaction, will constitute a Qualifying Transaction for purposes of the Executive Severance Policy.

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Long-Term Incentive Plan Awards

Pursuant to the terms of the applicable plan and/or award agreements for the Company’s named executive officers (other than the Therivel Accomplishment Award), outstanding and unvested restricted stock unit, performance share unit and phantom share unit awards granted under the Company’s 2013 Long-Term Incentive Plan or 2022 Long-Term Incentive Plan will accelerate and vest, based on achievement of the greater of target and actual performance with respect to performance share unit awards, in the event that the executive officer’s employment is terminated by the Company without “Cause” or the executive officer resigns for “Good Reason,” in each case, within 24 months following a “Change in Control” (each as defined in the applicable award agreement). The closing of the T-Mobile Transaction, which is a condition to the Closing of the Verizon Transaction, will constitute a Change