Document:

Exhibit 10.23

 

RESTRICTED STOCK UNIT
AGREEMENT 

 

Dear ______:

 

Waste Connections, Inc. (the “Company”) is pleased
to inform you that you have been awarded Restricted Stock Units (the “Award”) under the Company’s 2014 Incentive
Award Plan (the “Plan”). Each Restricted Stock Unit represents the right to receive one share of the Company’s
common stock (“Common Stock”) pursuant to the Plan, to the extent vested on the vesting date of that unit. The Award
will vest in a series of installments over your period of continued service with the Company as set forth herein. Unlike a typical
stock option program, the shares will be issued to you as a bonus for your continued service over the vesting period, without any
cash payment required from you. However, you must pay the applicable income and employment withholding taxes (described below)
when due.

 

The award under this Restricted Stock Unit Agreement (the “Agreement”)
is in connection with and in furtherance of the Company’s compensatory benefit plan for participation of the Company’s
Employees, Directors and Consultants. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed
to them in the Plan.

 

This Agreement sets the number of shares of the Common Stock
subject to your award, the applicable vesting schedule for the issuance of those shares, and the remaining terms and conditions
governing your award.

 

Award Date: _____________

 

Number of Shares Subject to Award: ______________ shares
of Common Stock (the “Shares”)

 

Vesting Schedule: The Award will vest and become issuable
in a series of four (4) successive equal annual installments upon your completion of each year of Continuous Status as an Employee,
Director or Consultant over the four (4)-year period measured from the Award Date. However, no Shares with respect to which the
Award has vested in accordance with such schedule will actually be issued until you satisfy all applicable income and employment
withholding taxes. The Shares subject to the Award that have become vested are referred to as “Vested Award Units.”

 

Other important features of your Award may be summarized as
follows:

 

1.            Forfeitability:
Should your Continuous Status as an Employee, Director or Consultant cease for any reason prior to vesting in one or more installments
of the Shares subject to your Award, then your Award will be cancelled with respect to the unvested Shares and the number of your
Restricted Stock Units will be reduced accordingly, and you will cease to have any right or entitlement to receive any Shares under
those cancelled units.

 

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2.            Distribution.

 

(a)          The
Restricted Stock Units shall be distributed in Shares (either in book-entry form or otherwise), as soon as administratively practicable
following the vesting of the applicable Restricted Stock Unit, and, in any event, within sixty (60) days following such vesting.
Notwithstanding the foregoing, the Company may delay a distribution or payment in settlement of Restricted Stock Units if it reasonably
determines that such payment or distribution will violate federal securities laws or any other Applicable Law, provided
that such distribution or payment shall be made at the earliest date at which the Company reasonably determines that the making
of such distribution or payment will not cause such violation, as required by Treasury Regulation Section 1.409A-2(b)(7)(ii), and
provided further that no payment or distribution shall be delayed under this Section 2(a) if such delay will result in a
violation of Section 409A of the Code.

 

(b)          All
distributions shall be made by the Company in the form of whole Shares, and any fractional share shall be applied to the payment
of withholding taxes.

 

3.            Transferability:
Prior to your actual receipt of the Shares pursuant to your Award, you may not transfer any interest in your Award or the underlying
Shares in any manner (including pledging or hedging the sale of the Shares, including without limitation, any short sale, put or
call option or any other instrument tied to the value of the Shares) other than by will or the laws of descent and distribution
and no Restricted Stock Units or any interest or right therein or part thereof shall be liable for the debts, contracts or engagements
of you or your successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance,
assignment or any other means whether such disposition be voluntary or involuntary or by operation of law by judgment, levy, attachment,
garnishment or any other legal or equitable proceedings (including bankruptcy). Any attempt by you to do so will result in an immediate
forfeiture of the Restricted Stock Units awarded to you hereunder. However, your right to receive any Shares which have vested
under your Restricted Stock Units but which remain unissued at the time of your death may be transferred pursuant to the provisions
of your will or the laws of inheritance or to your designated beneficiary following your death. In the event the Shares which vest
hereunder are to be issued to the executors, administrators, heirs or distributees of your estate or to your designated beneficiary,
the Company shall be under no obligation to effect such issuance unless and until the Committee is satisfied that the person to
receive those Shares is the duly appointed legal representative of your estate or the proper legatee or distributee thereof or
your named beneficiary.

 

Any Shares issued to you pursuant to the
terms of this Agreement may not be sold or transferred in contravention of (i) any market black-out periods the Company may impose
from time to time or (ii) the Company’s insider trading policies to the extent applicable to you.

 

4.            Adjustments:
The Administrator may accelerate the vesting of all or a portion of your Award in such circumstances as it, in its sole discretion,
may determine. You acknowledge that the Restricted Stock Units and the Shares subject to the Restricted Stock Units are subject
to adjustment, modification and termination in certain events as provided in this Agreement and the Plan, including Section 12
of the Plan.

 

5.            Federal
Income Taxation: You generally will recognize ordinary income for federal income tax purposes on the date the Shares subject
to your Award vest, and you must satisfy the income tax withholding obligation applicable to that income. The amount of your taxable
income will generally be based on the closing selling price per share of Common Stock on the New York Stock Exchange on the date
your Vested Award Units are issued and distributed times the number of Shares which are distributed on that date. This is a general
summary of the possible tax consequences of the Award and is not tax advice. You are advised to consult with your own advisor as
to the possible tax consequences of this Award.

 

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6.            FICA
Taxes: You will be liable for the payment of the employee share of the FICA (Social Security and Medicare) taxes applicable
to your Award, which liability will generally arise at the time your Award vests. FICA taxes will generally be based on the closing
selling price of the shares on the New York Stock Exchange on the date those Shares vest under your Award.

 

7.            Withholding
Taxes: You must pay all applicable federal, state and local income and employment withholding taxes when due.

 

(a)          In
the Company’s sole discretion, the Company may collect any applicable federal, state and local income and employment withholding
taxes with respect to the Award through an automatic Share withholding procedure pursuant to which the Company will withhold a
portion of those vested Shares with a fair market value (measured as of the date the withholding obligation arises) equal to the
amount of such withholding taxes (the “Share Withholding Method”); provided, however, that the amount of any Shares
so withheld shall not exceed the amount necessary to satisfy the Company’s required tax withholding obligations using the
minimum statutory withholding rates for federal, state and local tax purposes, including payroll taxes, that are applicable to
supplemental taxable income. You shall be notified in writing in the event such Share Withholding Method is no longer available.

 

(b)          Should
any Shares vest under the Award at a time when the Share Withholding Method is not available, then the Company may, in its sole
discretion, collect any applicable federal, state and local income and employment withholding taxes from you through any of the
following alternatives:

 

·          your
delivery of a separate check payable to the Company in the amount of such withholding taxes, or

·          the
use of the proceeds from a next-day sale of the Shares issued to you; provided and only if (i) such a sale is permissible under
the Company’s trading policies governing the sale of Common Stock, (ii) you make an irrevocable commitment, on or before
the vesting date for those Shares, to effect such sale of the Shares and (iii) the transaction is not otherwise deemed to constitute
a prohibited loan under Section 402 of the Sarbanes-Oxley Act of 2002.

 

8.            Stockholder
Rights: Neither you nor any person claiming under or through you will have any of the rights or privileges of a stockholder
of the Company in respect of any Shares deliverable hereunder unless and until certificates representing such Shares (which may
be in book-entry form) will have been issued and recorded on the records of the Company or its transfer agents or registrars, and
delivered to you (including through electronic delivery to a brokerage account). Except as otherwise provided herein, after such
issuance, recordation and delivery, you will have all the rights of a stockholder of the Company with respect to such Shares, including,
without limitation, the right to receipt of dividends and distributions on such Shares.

 

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9.          Dividend
Equivalent Rights: Should the Board in its discretion declare an extraordinary cash dividend on the Common Stock at a time
when unissued shares of such Common Stock are subject to your Award, then the number of Shares at that time subject to your Award
will automatically be increased on the date the dividend is paid by an amount determined in accordance with the following formula,
rounded down to the nearest whole share:

 

X = (A x B)/C, where

 

X = the additional number of Shares which will become subject
to your Award by reason of the extraordinary cash dividend;

 

A = the number of unissued Shares subject to this Award as of
the record date for such dividend;

 

B = the per Share amount of the cash dividend; and

 

C = the closing selling price per share of Common Stock on the
New York Stock Exchange on the payment date of such dividend.

 

The additional Shares resulting from such calculation will be
subject to the same terms and conditions as the unissued Shares to which they relate under your Award. The Board has the discretion
to determine when a cash dividend shall be considered extraordinary. Your Award will not be adjusted to reflect regular or periodic
cash dividends. In order for you to receive a dividend equivalent increase to the number of Shares subject to your Award, you must
be in Continuous Status as an Employee, Director or Consultant on the date the extraordinary dividend is actually paid. These dividend
equivalent rights and any amounts that may become distributable in respect thereof shall be treated separately from the Restricted
Stock Units and the rights arising in connection therewith for purposes of the designation of time and form of payments required
by Section 409A of the Code.

 

10.         Change
in Control: In the event of a Change in Control, the vesting of the Shares subject to your Award will accelerate in full immediately
upon such Change in Control.

 

11.         Securities
Law Compliance: No Shares will be issued pursuant to your Award if such issuance would constitute a violation of any applicable
federal, state or foreign securities laws or other law or regulations or the requirements of any stock exchange or market system
on which the Common Stock may then be listed. In addition, no Shares will be issued unless:

 

(a)          a
registration statement under the Securities Act is in effect at that time with respect to the Shares to be issued; or

 

(b)          in
the opinion of legal counsel to the Company, those Shares may be issued in accordance with the terms of an applicable exemption
from the registration requirements of the Securities Act. The inability of the Company to obtain from any regulatory body having
jurisdiction the authority, if any, deemed by the Company’s legal counsel to be necessary to the lawful issuance of any Shares
hereunder shall relieve the Company of any liability in respect of the failure to issue such Shares as to which such requisite
authority shall not have been obtained. As a condition to the issuance of any Shares, the Company may require you to satisfy any
qualifications that may be necessary or appropriate to evidence compliance with any applicable law or regulation and to make any
representation or warranty with respect thereto as may be requested by the Company.

 

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12.         Notice:
Any notice or other communication to be given under or in connection with this Agreement or the Plan shall be given in writing
and shall be deemed effectively given on receipt or, in the case of notices from the Company to you, five days after deposit in
the United States mail, postage prepaid, addressed to you at the address specified below or at such other address as you may hereafter
designate by notice to the Company.

 

13.         Remaining
Terms: The remaining terms and conditions of your Award are governed by the Plan, and your Award is also subject to all interpretations,
amendments, rules and regulations which may from time to time be adopted under the Plan. Along with this Agreement, you also received
a copy of the official prospectus summarizing the principal features of the Plan. Please review the plan prospectus carefully so
that you fully understand your rights and benefits under your Award and the limitations, restrictions and vesting provisions applicable
to the Award. In the event of any conflict between the provisions of this Agreement and those of the Plan, the provisions of the
Plan shall be controlling.

 

14.         Limitations:
Nothing in this Agreement or the Plan shall confer on you or any other person:

 

(a)          Any
rights or claims under the Plan except in accordance with the provisions of the Plan and the applicable Award agreement;

 

(b)          Any
right with respect to continuation of employment or a consulting or directorship arrangement with the Company or any Subsidiary,
nor shall they interfere in any way with the right of the Company or any Subsidiary that employs you or engages you as a consultant
or director to terminate your employment or consulting or directorship arrangement at any time, with or without cause;

 

(c)          Any
right to be selected to participate in the Plan or to be granted an Award; or

 

(d)          Any
right to receive any bonus, whether payable in cash or in Common Stock, or in any combination thereof, from the Company or its
Subsidiaries, nor be construed as limiting in any way the right of the Company or its Subsidiaries to determine, in its sole discretion,
whether or not it shall pay any employee, consultant or director bonuses, and, if so paid, the amount thereof and the manner of
such payment.

 

15.         Section
409A: This Award is not intended to constitute “nonqualified deferred compensation” within the meaning of Section
409A of the Code (together with any Department of Treasury regulations and other interpretive guidance issued thereunder, including
without limitation any such regulations or other guidance that may be issued after the date hereof, “Section 409A”).
However, notwithstanding any other provision of the Plan or this Agreement, if at any time the Administrator determines that this
Award (or any portion thereof) may be subject to Section 409A, the Administrator shall have the right in its sole discretion (without
any obligation to do so or to indemnify you or any other person for failure to do so) to adopt such amendments to the Plan or this
Agreement, or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take
any other actions, as the Administrator determines are necessary or appropriate for this Award either to be exempt from the application
of Section 409A or to comply with the requirements of Section 409A.

 

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16.         
Administration. The Administrator shall have the power to interpret the Plan and this Agreement and to adopt such rules
for the administration, interpretation and application of the Plan and this Agreement as are consistent therewith and to interpret,
amend or revoke any such rules. All actions taken and all interpretations and determinations made by the Administrator will be
final and binding upon you, the Company and all other interested persons. To the extent allowable pursuant to Applicable Law, no
member of the Committee or the Board will be personally liable for any action, determination or interpretation made with respect
to the Plan or this Agreement.

 

17.         Titles.
Titles are provided herein for convenience only and are not to serve as a basis for interpretation or construction of this Agreement.

 

18.         
Governing Law. The laws of the State of Delaware shall govern the interpretation, validity, administration, enforcement and
performance of the terms of this Agreement regardless of the law that might be applied under principles of conflicts of laws.

 

19.         Conformity
to Applicable Law. You acknowledge that the Plan and this Agreement are intended to conform to the extent necessary with all
Applicable Laws, including, without limitation, the provisions of the Securities Act and the Exchange Act, and any and all regulations
and rules promulgated thereunder by the Securities and Exchange Commission, and state securities laws and regulations. Notwithstanding
anything herein to the contrary, the Plan shall be administered, and the Restricted Stock Units are granted, only in such a manner
as to conform to Applicable Law. To the extent permitted by Applicable Law, the Plan and this Agreement shall be deemed amended
to the extent necessary to conform to Applicable Law.

 

20.         Amendment,
Suspension and Termination. To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise
modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except as
may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely
affect the Restricted Stock Units in any material way without your prior written consent.

 

21.         Successors
and Assigns. The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement
shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth in Section
3 and the Plan, this Agreement shall be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors
and assigns of the parties hereto.

 

22.         Limitations
Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Agreement, if you are subject to
Section 16 of the Exchange Act, the Plan, the Restricted Stock Units, including Restricted Stock Units resulting from dividend
equivalent rights, and this Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule
under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the
application of such exemptive rule. To the extent permitted by Applicable Law, this Agreement shall be deemed amended to the extent
necessary to conform to such applicable exemptive rule.

 

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23.         Entire
Agreement. The Plan and this Agreement (including any exhibit hereto) constitute the entire agreement of the parties and supersede
in their entirety all prior undertakings and agreements of you and the Company with respect to the subject matter hereof.

 

24.         Agreement
Severable. In the event that any provision of this Agreement is held invalid or unenforceable, such provision will be severable
from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement.

 

25.         Counterparts.
This Agreement may be executed in one or more counterparts, including by way of any electronic signature, subject to Applicable
Law, each of which shall be deemed an original and all of which together shall constitute one instrument.

 

	 	WASTE CONNECTIONS, INC.
	 	 	 
	 	BY:	 
	 	 	 
	 	TITLE:	Chairman and Chief Executive Officer

 

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ACKNOWLEDGMENT

 

I hereby acknowledge and accept the foregoing terms and conditions
of the restricted stock unit award evidenced hereby. I further acknowledge and agree that the foregoing sets forth the entire understanding
between the Company and me regarding my entitlement to receive the shares of the Company’s common stock subject to such award
and supersedes all prior oral and written agreements on that subject.

 

SIGNATURE:                                                   

 

PRINTED NAME:                                           

 

DATE:                                                    ,
20__       

 

KEEP THIS PAGE FOR YOUR
RECORDS.

 

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ACKNOWLEDGMENT

 

I hereby acknowledge and accept the foregoing terms and conditions
of the restricted stock unit award evidenced hereby. I further acknowledge and agree that the foregoing sets forth the entire understanding
between the Company and me regarding my entitlement to receive the shares of the Company’s common stock subject to such award
and supersedes all prior oral and written agreements on that subject.

 

SIGNATURE:                                                 

 

PRINTED NAME:

 

	HOME ADDRESS:	 
	 	 
	 	 
	 	 
	CITY, STATE, ZIP:	 

 

DATE:                                                , 20__

 

PRINT, SIGN AND RETURN ONLY THIS
PAGE VIA REGULAR U.S. POSTAL SERVICE FIRST CLASS MAIL SERVICE WITHIN 7 DAYS OF RECEIPT TO:

 

	 	[NAME]
	 	STOCK PLAN ADMINISTRATOR
	 	WASTE CONNECTIONS, INC.
	 	3 WATERWAY SQUARE PLACE
	 	SUITE 110
	 	THE WOODLANDS, TX	77380

 

ORIGINAL SIGNATURE REQUIRED – PLEASE
DO NOT FAX OR PDF

 

    	Page 9Exhibit 10.24

 

	Warrant No. ___	Warrant to Purchase

_______ shares of

Common Stock (Subject

to Adjustment)

 

WARRANT TO PURCHASE COMMON STOCK

of

WASTE CONNECTIONS, INC.

 

Void after __________

 

This certifies that
for value received, ______________ (the “Holder”) is entitled, subject to the terms set forth below, at any time or
from time to time beginning on ______________ and before 5:00 p.m., Central standard time, on _____________________, to purchase
from Waste Connections, Inc., a Delaware corporation (the “Company”), up to ______________ fully paid and nonassessable
shares of the common stock, par value $0.01 per share, of the Company (the “Common Stock”) as constituted on _____________________
(the “Issue Date”), upon surrender hereof at the principal office of the Company, with the subscription form attached
hereto properly completed and duly executed, and simultaneous payment therefor in lawful money of the United States at the price
of $______ per share, subject to adjustment as provided in Section 3 hereof (the “Purchase Price”). The number
and character of such shares of Common Stock are also subject to adjustment as provided below. Such number shall be reduced at
such time or times as this Warrant is exercised in part by the number of shares as to which this Warrant is then exercised. The
term “Warrant Stock” shall mean, unless the context otherwise requires, the stock and other securities and property
at any time receivable upon the exercise of this Warrant. The term “warrant” as used herein shall include this Warrant
and any warrants delivered in substitution or exchange therefor as provided herein.

 

The grant under this
Warrant Agreement (the “Agreement”) is in connection with and in furtherance of the Company’s compensatory benefit
plan for participation of the Company’s Consultants and is made pursuant to the Company’s 2014 Incentive Award Plan
(the “Plan”). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the
Plan.

 

		1.	Method of Exercise; Payment.

 

A.    Cash Exercise.
This Warrant may be exercised as a whole, or in part from time to time, by the Holder by delivering this Warrant, for cancellation
if it is exercised as a whole or for endorsement if it is exercised in part, together with a Subscription in the form appearing
at the end hereof properly completed and duly executed by or on behalf of the Holder, to the Company at its office in The Woodlands,
Texas (or at the office of the agency maintained for such purpose), accompanied by payment in cash or by certified or official
bank check payable to the order of the Company, in an aggregate amount equal to the Purchase Price as then adjusted times the number
of shares of Warrant Stock as to which this Warrant is then being exercised. In the event of any such exercise that is partial,
the Company shall endorse this Warrant as having been exercised to that extent and return this Warrant to the Holder. This Warrant
shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as
provided above, and the person entitled to receive the shares of Warrant Stock issuable upon such exercise shall be treated for
all purposes as the holder of such shares of record as of the close of business on such date.

 

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B.    Cashless Exercise.
In lieu of exercising this Warrant pursuant to Section 1.A, to the extent permitted by the Company and applicable statutes
and regulations, the Holder may exercise this Warrant by having the Company withhold shares of Warrant Stock issuable on such exercise
having a Fair Market Value at the close of business on the date of exercise in an aggregate amount equal to the Purchase Price
as then adjusted times the number of shares of Warrant Stock as to which this Warrant is then being exercised. 

 

2.            Transfer.
This Warrant and all rights hereunder are generally not transferable except by will or the laws of descent and distribution, unless
the Company expressly permits a transfer, such as to a trust or other entity for estate planning purposes, pursuant to a domestic
relations order, or as a gift to certain family members. Unless the Company approves such a transfer, this Warrant is exercisable
during the Holder’s life only by the Holder. Neither this Warrant nor any interest or right therein or part thereof shall
be liable for the debts, contracts or engagements of the Holder or his or her successors in interest or shall be subject to disposition
by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition be voluntary
or involuntary or by operation of law by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including
bankruptcy), and any attempted disposition thereof shall be null and void and of no effect, except to the extent that such disposition
is permitted by the preceding sentence.

 

		3.	Change in Control; Adjustments; No Fractional Shares.

 

A.    Change in Control.
In the event that the Company is subject to a Change in Control:

 

(i)immediately
prior thereto this Warrant shall be automatically accelerated and become immediately exercisable as to all of the shares of Warrant
Stock covered hereby, notwithstanding anything to the contrary in the Plan or this Agreement; and

 

(ii)the
Administrator may provide that the shares subject to the Warrant shall be subject to such treatment as the Administrator may determine
in its sole discretion subject to Section 12 of the Plan.

 

B.    Adjustments.
The Holder acknowledges that the Warrant is subject to adjustment, modification and termination in certain events as provided in
this Warrant and the Plan, including Section 12 of the Plan.

 

C.    No Fractional
Shares. All calculations under this Section 3 shall be, in the case of Purchase Price, rounded
up to the nearest cent or, in the case of shares subject to this Warrant, rounded down to the nearest one-hundredth of a share,
but in no event shall the Company be obligated to issue any fractional share on any exercise of this Warrant.

 

4.            Loss
or Mutilation. Upon receipt by the Company of evidence reasonably satisfactory to it of the ownership
of and the loss, theft, destruction or mutilation of this Warrant, and of indemnity reasonably satisfactory to it, and (in the
case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver in lieu thereof a new
warrant of like tenor.

 

5.            Reservation
of Common Stock. The Company shall at all times reserve and keep available for issue upon the
exercise of this Warrant such number of its authorized but unissued shares of Warrant Stock as will be sufficient to permit the
exercise in full of this Warrant.

 

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6.            Notices.
All notices and other communications from the Company to the Holder shall be mailed by first-class registered or certified mail,
postage prepaid, to the address furnished to the Company in writing by the last Holder who shall have furnished an address to the
Company in writing.

 

7.            Change;
Waiver. Subject to Sections 11, 13, 14, 16 and 18 hereof, neither this Agreement nor any term
hereof may be changed, waived, discharged or terminated orally but only by an instrument in writing signed by the party against
which enforcement of the change, waiver, discharge or termination is sought.

 

8.            Attorneys’
Fees. In the event any party is required to engage the services of attorneys for the purpose
of enforcing this Agreement, or any provision hereof, the prevailing party shall be entitled to recover its reasonable attorneys’
fees and any other costs or expenses.

 

9.            Headings.
The headings in this Agreement are for purposes of convenience in reference only, and shall not be deemed to constitute a part
hereof.

 

10.          Law
Governing. This Agreement shall be construed and enforced in accordance with and governed by
the laws of the State of Delaware.

 

11.          Agreement
Subject to Plan. This Agreement is subject to all provisions of the Plan, a copy of which is attached hereto and made
part of this Agreement, is further subject to all interpretations, amendments, rules and regulations which may from time to time
be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of this Agreement and those
of the Plan, the provisions of the Plan shall control.

 

12.          Administration.
The Administrator shall have the power to interpret the Plan and this Agreement and to adopt such rules for the administration,
interpretation and application of the Plan and this Agreement as are consistent therewith and to interpret, amend or revoke any
such rules. All actions taken and all interpretations and determinations made by the Administrator will be final and binding upon
the Holder, the Company and all other interested persons. To the extent allowable pursuant to Applicable Law, no member of the
Committee or the Board will be personally liable for any action, determination or interpretation made with respect to the Plan
or this Agreement.

 

13.          Conformity
to Applicable Law. The Holder acknowledges that the Plan and this Agreement are intended to conform to the extent necessary
with all Applicable Laws, including, without limitation, the provisions of the Securities Act and the Exchange Act and any and
all regulations and rules promulgated thereunder by the Securities and Exchange Commission and state securities laws and regulations.
Notwithstanding anything herein to the contrary, the Plan shall be administered, and the Warrant is granted and may be exercised,
only in such a manner as to conform to Applicable Law. To the extent permitted by Applicable Law, the Plan and this Agreement shall
be deemed amended to the extent necessary to conform to Applicable Law.

 

14.          Amendment,
Suspension and Termination. To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise
modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except
as may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely
affect the Warrant in any material way without the Holder’s prior written consent.

 

15.          Successors
and Assigns. The Company may assign any of its rights under this Agreement to single or multiple assignees, and this Agreement
shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth in Section
2 hereof and the Plan, this Agreement shall be binding upon and inure to the benefit of the heirs, legatees, legal representatives,
successors and assigns of the parties hereto.

 

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16.          Limitations
Applicable to Section 16 Persons. Notwithstanding any other provision of the Plan or this Agreement, if the Holder is subject
to Section 16 of the Exchange Act, the Plan, the Warrant and this Agreement shall be subject to any additional limitations set
forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange
Act) that are requirements for the application of such exemptive rule. To the extent permitted by Applicable Law, this Agreement
shall be deemed amended to the extent necessary to conform to such applicable exemptive rule.

 

17.          Entire
Agreement. The Plan and this Agreement (including any attachment hereto) constitute the entire agreement of the parties
and supersede in their entirety all prior undertakings and agreements of the Company and the Holder with respect to the subject
matter hereof.

 

18.          Section
409A. The Warrant is not intended to constitute “nonqualified deferred compensation” within the meaning of Section
409A of the Code (together with any Department of Treasury regulations and other interpretive guidance issued thereunder, including
without limitation any such regulations or other guidance that may be issued after the date hereof, “Section 409A”).
However, notwithstanding any other provision of the Plan or this Agreement, if at any time the Administrator determines that the
Warrant (or any portion thereof) may be subject to Section 409A, the Administrator shall have the right in its sole discretion
(without any obligation to do so or to indemnify the Holder or any other person for failure to do so) to adopt such amendments
to the Plan or this Agreement, or adopt other policies and procedures (including amendments, policies and procedures with retroactive
effect), or take any other actions, as the Administrator determines are necessary or appropriate for the Warrant either to be exempt
from the application of Section 409A or to comply with the requirements of Section 409A.

 

19.          Agreement
Severable. In the event that any provision of this Agreement is held invalid or unenforceable, such provision will be severable
from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement.

 

20.          Counterparts.
This Agreement may be executed in one or more counterparts, including by way of any electronic signature, subject to Applicable
Law, each of which shall be deemed an original and all of which together shall constitute one instrument.

 

21.          Black-Out
Periods. Holder acknowledges and agrees that this Agreement and the Warrant granted hereunder are subject to Holder’s
agreement to at all times comply with the Company’s policies with respect to black-out periods and insider trading, if and
when applicable.

 

 

 

DATED: ______________

 

WASTE CONNECTIONS, INC.

 

By:    ___________________________

Ronald J. Mittelstaedt

Chairman and Chief Executive Officer

    	4

    	 

    

ATTACHMENTS:

 

Subscription Form

 

Waste Connections, Inc. 2014
Incentive Award Plan

 

    	5

    	 

    

ENDORSEMENTS

 

	Exercise Date	
        Number of Shares

        as to Which

        Exercised
	
        Number of Shares

Remaining

        Available for

        Exercise
	
        Signature of Authorized

        Officer of the Company

	 	 	 	 
	 	 	 	 

 

    	6

    	 

    

SUBSCRIPTION FORM

 

(To be executed only upon exercise of warrant)

 

The undersigned Holder
of this Warrant irrevocably exercises this Warrant for the purchase of _______ shares of Common Stock of Waste Connections, Inc.,
purchasable with this Warrant, and herewith makes payment therefor, all at the price and on the terms and conditions specified
in this Warrant.

 

Dated: ______________

 

 

_______________________

(signature of Holder)

 

 

_______________________

(Street Address)

 

 

_______________________

(city) (state) (zip Code)

 

 

 

    	1

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