Document:

2014.6.30-Exhibit 10.9

Exhibit 10.9

ZASLAV STOCK DIVIDEND RELATED
EMPLOYEE SAR FORM (2014 AWARD)

<Participant Full Name>

Dear <Participant First Name>,            

On May 16, 2014, Discovery Communications, Inc. (the “Company”) declared a special dividend of shares of the Company's Series C Common Stock (the “Stock Dividend”) payable on August 6, 2014 (the “Dividend Date”) to holders of record of the Company's Series A Common Stock, Series B Common Stock and Series C Common Stock as of the close of business on July 28, 2014.  You are the holder of an unexercised stock appreciation right (or “SAR”) dated <date> which gives you the right to receive cash and Series A Common Stock based on the increase in value, if any, between the value of the Company’s Series A Common Stock on the date the SAR was granted to you (the base price) and the value when the SAR is exercised (a “Series A Special SAR”).  To maintain the value of your Series A Special SAR following the Dividend Date, the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) has determined it equitable and appropriate to adjust the Base Price per Share (as defined in the cover letter to your Series A Special SAR grant agreement (the “Grant Agreement”)) of your Series A Special SAR, consistent with the adjustment provisions of the Company equity plan under which your Series A Special SAR was granted. The Base Price per Share of your Series A Special SAR is now <new Base Price per Share>.  The terms of your Series A Special SAR as documented in your Grant Agreement, including the payment terms applicable to your SAR, are otherwise unchanged and remain in full force and effect. 

In addition, the Compensation Committee further determined it equitable and appropriate for the Company to adjust your Series A Special SAR by issuing you an additional SAR which gives you the right to receive cash and Series C Common Stock based on the increase in value, if any, between the value of the Company’s Series C Common Stock as of the Date of Grant of your Series A Special SAR and the value when the SAR is exercised, assuming that you satisfy the conditions of the Plan and the implementing agreement (a “Series C Special SAR”).  Because this adjustment to your Series A Special SAR is intended to preserve the benefits or potential benefits of your Series A Special SAR immediately before the Dividend Date, the number of SAR shares granted under your Series C Special SAR is equal to the number of SAR shares underlying the unexercised portion of your Series A Special SAR as of the Dividend Date and the terms of your Series C Special SAR, including the Date of Grant, Base Price per Share (as adjusted and described above), and Scheduled Payment Dates, are otherwise identical to the terms of your existing Series A Special SAR. A Series C Special SAR cover letter (the “Series C Cover Letter”) is attached hereto.  The Series C Special SAR documented in your Series C Cover Letter shall otherwise be subject to the same terms and provisions as are set forth in your Series A Special SAR Grant Agreement, and references to “Series A Common Stock” in the Grant Agreement shall mean “Series C Common Stock” for this purpose. 

<Participant Full Name>

Dear <Participant First Name>            

In connection with the special dividend by Discovery Communications, Inc. (the “Company”) of shares of its Series C Common Stock, and consistent with the adjustment provisions of the Company equity plan under which your Series A Special SAR (defined below) was granted, you have been given a stock appreciation right (or “SAR”).  This stock appreciation right (the “Series C Special SAR”) gives you the right to receive cash and shares (“Shares”) of Discovery Communications, Inc. Series C Common Stock based on the increase in value, if any, between the value of the Company’s Series C Common Stock as of the Date of Grant (defined below) (the base price) and the value when the Series C Special SAR is exercised (the “Appreciation Value”), assuming you satisfy the conditions of the Company equity plan (the “Plan”) under which this grant is made and the implementing agreement.  The terms of this stock appreciation rights grant are the same as the terms of your stock appreciation rights grant dated <date> (the “Series A Special SAR”), after reduction for portions of that SAR that have already been exercised. As such, this Series C Special SAR is subject to the terms and conditions described in your Series A Special SAR grant agreement (the “Grant Agreement”).  The Company’s general program to offer equity and equity-type awards to eligible employees is referred to as the Performance Equity Program (“PEP”).  The following represents a brief description of your grant.  Additional details regarding the terms of your award are provided in your Grant Agreement and in the Plan.  

SAR Grant Summary

	
		
	Date of Grant
	<Series A Special SAR Grant Date>

	SAR Shares
	<Number of SARS Underlying Unexercised Portion of Series A SAR>

	Base Price per Share
	<Base Price>

	Scheduled Payment Dates
	The number of SAR Shares equal to 25% of the original number of Series A Special SAR Shares shall be automatically exercised and paid within 60 days of  any of the first, second, third, and fourth anniversaries of the Date of Grant that follow the Dividend Date.

		
	•
	You have been granted a stock appreciation right with respect to a certain number of shares of Discovery Communications, Inc. Series C Common Stock at a specific price.  The Date of Grant of your SAR is the same as the Date of Grant of your Series A Special SAR. The total number of shares under your grant is in the chart above under “SAR Shares” and is equal to the number of shares of the Company’s Series A Common Stock underlying the unexercised portion of your Series A Special SAR. The base price per share is under “Base Price per Share.”  

		
	•
	The potential value of your SAR increases if the price of the Company’s stock increases, but you also have to continue to work for the Company (except as the Grant Agreement provides) to actually receive such value.  Of course, the value of the stock may go up and down over time.

		
	•
	The SAR will be automatically converted into payments in accordance with the schedule of Scheduled Payment Dates in the chart above, assuming you remain an employee of the Company (or as otherwise specified in the Grant Agreement) and subject to the terms of the Grant Agreement, with payment as provided in the Grant Agreement. On each Scheduled Payment Date you will receive a payment of Appreciation Value (if any) that is 25% in Shares and 75% in cash.

		
	•
	Subject to your ongoing compliance with any agreement, including your Employment Agreement with the Company dated January 2, 2014, once you have received the Shares, you will own the Shares and may decide whether to hold the Shares, sell the Shares, or give the Shares to someone as a gift.TMUS 06/30/2014 EX 10.1

EXHIBIT 10.1
DIRECTOR COMPENSATION PROGRAM
T-Mobile US, Inc.
Effective as of May 1, 20131 
The terms of the Director Compensation Program (the “Program”) for Non-Employee Directors of T-Mobile US, Inc. (the “Company”) are set forth herein.  
For purposes of the Program, a “Non-Employee Director” is any director of the Company who is not (i) an employee of the Company or any of its subsidiaries or (ii) an officer or employee of Deutsche Telekom AG or any of its subsidiaries.  
		
	1.
	Eligibility 

Each Non-Employee Director of the Company elected or appointed to the Company’s Board of Directors (the “Board”) shall be eligible to receive the compensation set forth in the Program.
		
	2.
	Non-Employee Director Compensation

Subject to the terms and conditions set forth herein and in the Plan, Non-Employee Directors shall receive the following compensation:
		
	a.
	Cash Compensation

Non-Employee Directors shall receive the following cash compensation, as applicable, to be paid in cash in equal quarterly installments after the end of the quarter in which earned:
	
		
	Annual Retainer for Board Service
	$100,000

	 
	 

	Additional Retainer for Lead Independent Director
	$25,000

	 
	 

	Audit Committee Chair
	$50,000

	 
	 

	Compensation Committee Chair
	$25,000

	 
	 

	Nominating and Corporate Governance Committee Chair
	$10,000

Any person who becomes a Non-Employee Director and/or committee chair at any time of the year other than the date of the Annual Meeting of Stockholders shall receive a pro rata portion of cash compensation set forth above, as applicable, based on the number of days remaining in the one-year period following the date of the previous Annual Meeting of Stockholders.
If any Non-Employee Director attends more than 10 Board meetings or more than 10 committee meetings during a calendar year, such Director will receive additional compensation of (i) $2,000 per meeting for any excess in-person Board or committee meeting or (ii) $1,000 per meeting for any excess telephonic Board or committee meetings.
		
	b.
	Reimbursement of Expenses

The Company shall pay on behalf of, or reimburse, Non-Employee Directors for all reasonable costs and expenses incurred in attending meetings of the Board, Board committees, and the Company’s 
	
		
	1 Amendment effective June 4, 2014.
	 

stockholders and in fulfilling their other responsibilities as directors of the Company.  In addition, the Company shall pay on behalf of, or reimburse, Non-Employee Directors for all reasonable costs and expenses, including an appropriate tax gross up, for spousal or partner travel to one Board meeting per year (or as requested by the Company).  
		
	c.
	Restricted Stock Unit Grants

Immediately after each Annual Meeting of Stockholders beginning with the 2013 Annual Meeting of Stockholders, each Non-Employee Director shall automatically be granted restricted stock units of the Company (“RSUs”) with a value of $150,000 (based on the closing price of the Company’s common stock on the New York Stock Exchange on the grant date), with any fractional share rounded to the nearest whole share; provided, that any person who becomes a Non-Employee Director at any time of the year other than the date of the Annual Meeting of Stockholders shall automatically be granted RSUs equal to the pro rata portion of $150,000 based on the number of days remaining in the one-year period following the date of the most recent previous Annual Meeting of Stockholders, such grant to be effective on the date he or she becomes a Non-Employee Director and based on the closing price of the Company’s common stock on the New York Stock Exchange on the grant date, with any fractional share rounded to the nearest whole share.
The RSUs shall be fully vested as of the one-year anniversary of the date on which the RSUs were granted, contingent upon the Non-Employee Director’s continuous service on the Board during such period; provided, however, that for a person who becomes a Non-Employee Director at any time other than the date of the Annual Meeting of Stockholders, the vesting date shall be the one-year anniversary of the grant date for awards made in connection with the most recent previous Annual Meeting of Stockholders.  In the event of a Non-Employee Director’s resignation or removal prior to the vesting of the RSUs, such RSUs shall automatically be forfeited to the Company; provided, however, that if a Non-Employee Director serves through the date of an Annual Meeting of Stockholders but does not stand for re-election at that meeting, any RSU award made for the prior year that has not yet vested as of such meeting shall continue to vest per schedule.  In the event of a Non-Employee Director’s death, the RSUs shall immediately vest.
Upon a Change in Control of the Company (as defined in the Company’s Omnibus Incentive Plan), the RSUs shall immediately vest upon the date of such Change in Control.
RSUs shall be granted pursuant to the Company’s Omnibus Incentive Plan (the “Plan”) and shall be subject to the terms and conditions of the Plan and the applicable restricted stock unit agreement in effect on the grant date.  Capitalized terms used but not defined herein shall have the meanings given to them in the Plan.  The above terms supplement, and do not alter or change, the provisions of the Plan.  In the event of any inconsistency between the terms contained herein and in the Plan, the Plan shall govern.
		
	3.
	Amendment

The Board may amend the provisions of the Program in such respects as it deems advisable.  Any such amendment shall not, without the consent of the Non-Employee Director, impair or diminish any rights of the Non-Employee Director under the Program.

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