Document:

EX-10.19A

 Exhibit 10.19A 

ADVANCED DRAINAGE SYSTEMS, INC. 

Non-Qualified Stock Option Agreement 

This Non-Qualified Stock Option Agreement is entered into as of
                    , between Advanced Drainage Systems, Inc., a Delaware corporation (the “Company”), and
                    , an individual (the “Optionee”). 

§1. Grant of Option. Pursuant to the Advanced Drainage Systems, Inc. 2013 Stock Option Plan (the “Plan”) and
authorization by the Board of Directors of the Company (the “Board”), the Company hereby grants to the Optionee an option (the “Option”) to purchase a total of
                 (                ) shares (the “Option Shares”) of the
$.01 par value Common Stock of the Company (“Stock”), at the price and on the other terms and conditions hereinafter set forth. 

§2. Option Price. The Option shall be exercisable at a price of
                    and     /100 Dollars ($            ) per
share. 
 §3. Exercise Period. Subject to the terms and conditions hereinafter set forth and except as provided in
§§10, 11, 12(a) and 13 of this agreement, the Option shall be exercisable as follows: 
 (a) The Optionee shall be
entitled to purchase up to one-fourth of the Option Shares if the Optionee remains continuously in the employ of the Company, or any subsidiary thereof, for one year from the date hereof. 

(b) The Optionee shall be entitled to purchase up to one-half of the Option Shares if the Optionee remains continuously in the
employ of the Company, or any subsidiary thereof, for two years from the date hereof. 
 (c) The Optionee shall be entitled
to purchase up to three-fourths of the Option Shares if the Optionee remains continuously in the employ of the Company, or any subsidiary thereof, for three years from the date hereof. 

(d) The Optionee shall be entitled to purchase all of the Option Shares if the Optionee remains continuously in the employ of
the Company, or any subsidiary thereof, for four years from the date hereof. 
 The Optionee’s right to purchase the Option Shares shall continue
through, and may not be exercised after,                     (the “Expiration Date”). 

§4. Exercise of Option. The Option shall be exercised by delivery to the Company of a written statement in form and substance
satisfactory to the Board (the “Exercise Form”). 
 §5. Execution of Executive Responsibility Agreement. The
grant of the Option pursuant to §1 of this agreement shall be contingent upon the execution by the Optionee of an Executive Responsibility Agreement with the Company in form and substance satisfactory to the President of the Company, if such an
Executive Responsibility Agreement has not already been executed. 

  
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 §6. Execution of Stockholders’ Agreement. The exercise of the Option (in whole
or in part) and the issuance of Stock pursuant thereto shall be contingent upon the execution by the Optionee of the Amended and Restated Stockholders’ Agreement dated as of
                    , as amended from time to time (the “Stockholders’ Agreement”), between certain stockholders of the
Company. 
 §7. Payment of Option Price. At the time of exercise of the Option, the Optionee shall pay the entire option price
for the Option Shares being purchased (a) in cash or by check, (b) in Stock or (c) in any combination of cash, check and Stock. The Board, in its sole discretion, shall establish the value of any Stock that is used in payment of the
option price. Upon receipt of the entire option price for the Stock being purchased and compliance by the Optionee with any other applicable requirements hereunder, the Company shall forthwith cause certificates for such Stock to be delivered to the
Optionee. 
 §8. Compliance with Securities Laws. In all cases, the exercise of the Option (in whole or in part) and the
issuance of Stock pursuant thereto shall be contingent upon the prior registration or exemption therefrom of such Stock under the Securities Act of 1933 and such state laws as may be applicable, or a determination by counsel for the Company that the
issuance of such Stock will be a transaction exempt from such registration. 
 §9. Non-transferability and Termination of Option
Privileges. Except as otherwise provided in §10, the Option shall not be transferable or assignable and, during the Optionee’s lifetime, shall be exercisable solely by the Optionee. Further, except as otherwise provided in
§§10, 11 and 12, the Option shall cease and terminate upon termination of the Optionee’s employment with the Company and its subsidiaries for any reason. 

§10. Death of Optionee. If the Optionee shall die while in the employ of the Company or any of its subsidiaries, the provisions of
§§3(a), 3(b), 3(c) and 3(d) shall have no force and effect and the Option may be exercised with respect to all of the Option Shares during the one-year period commencing on the date of the Optionee’s death by the Optionee’s
personal representative or by any person who acquires the Option by bequest or inheritance as a result of the Optionee’s death; provided, however, that no exercise may take place after the Expiration Date. 

§11. Disability of Optionee. If the Optionee shall become permanently and totally disabled within the meaning of §22(e)(3) of
the Internal Revenue Code of 1986, as amended, while in the employ of the Company or any of its subsidiaries, the provisions of §§3(a), 3(b), 3(c) and 3(d) shall have no force and effect and the Option may be exercised by the Optionee with
respect to all of the Option Shares during the one-year period commencing on the date of such permanent and total disability; provided, however, that no exercise may take place after the Expiration Date. 

  
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 §12. Other Termination of Employment. 

(a) Unless expressly provided otherwise in a written agreement between the Optionee and the Company (or any subsidiary
thereof), the Optionee’s employment with the Company or any subsidiary thereof is and at all times has been at will. Nothing in this agreement is intended to and no action taken pursuant to this agreement will change the at-will nature of the
employment relationship. 
 (b) If the Optionee’s employment with the Company or any subsidiary thereof is
terminated by the Company for Cause, the Option shall be deemed to have terminated as of the day before the date on which the Company notifies the Optionee of the Optionee’s termination. The term “Cause” shall mean: 

(i) the Optionee has committed a deliberate and premeditated act against the interests of the Company, including, without
limitation, an act of fraud, embezzlement, misappropriation or breach of fiduciary duty against the Company, including, but not limited to, the offer, payment, solicitation or acceptance of any unlawful bribe or kickback with respect to the
Company’s business; or 
 (ii) the Optionee has been convicted by a court of competent jurisdiction of, or pleaded
guilty or nolo contendere to, any felony or any crime involving moral turpitude; or 
 (iii) the Optionee has failed to
perform or neglected the material duties incident to the Optionee’s employment with the Company on a regular basis, and such failure or neglect shall have continued for a period of twenty (20) days after written notice is given to the
Optionee specifying such failure or neglect in reasonable detail; or 
 (iv) the Optionee has been chronically absent from
work (excluding vacations, illnesses, disability or leaves of absence approved by the Board); or 
 (v) the Optionee has
refused, after explicit written notice, to obey any lawful resolution of or direction by the Board which is consistent with the duties incident to the Optionee’s employment with the Company, and such refusal shall have continued for a period of
twenty (20) days after written notice is given to the Optionee; or 
 (vi) the Optionee has materially breached any of
the terms contained in any written employment agreement, executive responsibility agreement, non-competition agreement, confidentiality agreement or similar type of agreement to which the Optionee is a party; or 

(vii) the Optionee has engaged in (A) the unlawful use (including being under the influence) or possession of illegal
drugs on the Company’s premises or (B) habitual drunkenness. 

  
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 Any voluntary termination of employment by the Optionee in anticipation of an involuntary
termination of the Optionee’s employment for Cause shall be deemed to be a termination for Cause. In the event that the Optionee is party to a written employment agreement with the Company or any of its subsidiaries and such employment
agreement contains a definition of “Cause”, the definition of “Cause” set forth above shall be deemed replaced and superseded, with respect to the Optionee, by the definition of “Cause” used in such employment
agreement. 
 (c) If the Optionee shall cease to be employed by the Company and its subsidiaries for any reason other than
Cause, death or permanent and total disability within the meaning of §22(e)(3) of the Internal Revenue Code of 1986, as amended, the Option may be exercised by the Optionee, to the extent permitted by §§3(a), 3(b), 3(c) and 3(d),
during the three-month period commencing on the date on which the Optionee’s employment terminates; provided, however, that no exercise may take place after the Expiration Date. 

§13. Other Events. If the Optionee remains continuously in the employment of the Company, or any subsidiary thereof, the
provisions of §§3(a), 3(b), 3(c) and 3(d) shall have no force and effect and the Option may be exercised by the Optionee with respect to all of the Option Shares commencing at the time of a Change in Control (as defined in the Plan);
provided, however, that no exercise may take place after the Expiration Date. 
 §14. Adjustment for Stock Dividend or Stock
Split. In the event that a dividend is hereafter paid on outstanding shares of Stock in shares of Stock, or in the event that the number of outstanding shares of Stock is hereafter increased as a result of a stock split, and the Option is then
unexercised (in whole or in part), the number of Option Shares shall thereupon be increased to include the number of shares of Stock which would have been distributed with respect to the shares of Stock subject to the unexercised portion of the
Option if such shares of Stock had been outstanding at the time of the dividend or stock split, and the option price per share shall be adjusted to reflect such increased number of Option Shares. 

§15. Adjustment for Reorganization or Merger. In the event that outstanding shares of Stock are hereafter changed into or
exchanged for a different number or kind of shares of stock or securities of the Company or of another corporation or corporations, whether as a result of a reorganization, recapitalization, reclassification, merger, consolidation or otherwise, and
the Option is then unexercised (in whole or in part), the Option and the option price shall thereupon be adjusted to apply to the number and kind of shares of stock or securities which would have been received for the shares of Stock subject to the
unexercised portion of the Option if such shares of Stock had been outstanding at the time of such reorganization, recapitalization, reclassification, merger, consolidation or other event. 

§16. Additional Adjustments. In the event that there is any change in the corporate structure or outstanding shares of Stock or
any other transaction for which an adjustment is not provided by §§14 or 15 of this agreement, and the Option is then unexercised (in whole or in part), the Board may, in its sole discretion, require an adjustment in the number or kind of
shares of stock or securities subject to the Option or the option price and such adjustment shall be binding and effective for all purposes hereof. 

  
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 §17. Elimination of Fractional Shares. Any addition or adjustment provided for in
§§14, 15 or 16 of this agreement may be limited to the extent necessary to prevent fractions of shares from becoming available under the Option. 

§18. Optionee Bound by Plan. The Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all
applicable provisions thereof. If any of the terms and provisions of this agreement are inconsistent or in conflict with the terms and provisions of the Plan, the Plan shall supersede and prevail over such inconsistent provisions hereof. 

§19. No Obligation. There is no obligation on the Optionee to exercise any option. 

§20. Withholding. This Option is intended to be a non-statutory stock option. The Optionee agrees that the Optionee shall make
such arrangements as are satisfactory to the Company for withholding of federal, state, and local income and employment taxes associated with the exercise of this Option. The Company agrees that, at the Optionee’s request, the Company shall
permit the Optionee to satisfy all or part of such withholding requirements through the Company’s withholding from the Optionee of that number of shares of Stock otherwise deliverable upon the exercise of this Option equal in value to the
aggregate amount of withholding that the Optionee wishes to satisfy through the Company’s retention of Stock. The Optionee shall be permitted to satisfy all or any portion of the Optionee’s total income and employment tax liability
associated with the exercise of this Option through the withholding of shares, even if such total tax liability shall exceed the minimum tax withholding required by law. The Board, in its sole discretion, shall establish the value of any Stock that
is so withheld. The Optionee and the Company agree that any such withheld shares shall be treated, for all purposes, as if they were acquired by the Optionee upon exercise of this Option and then immediately sold by the Optionee to the Company at
their fair market value. 
 §21. Headings. The headings of the sections of this agreement are inserted for convenience only and
shall not be deemed to be part hereof. 
 [Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties have executed multiple counterparts of this agreement, each of
which shall be deemed to be an original, as of the date first set forth above. 
  

							
	Optionee:	 		 	ADVANCED DRAINAGE SYSTEMS, INC.
				
	  
	 		 	By:	 	  

	                    	 		 		 	                    

  
 - 6 -EX-10.20

 Exhibit 10.20 

ADVANCED DRAINAGE SYSTEMS, INC. 

RESTRICTED STOCK AGREEMENT 

This Restricted Stock Agreement (this “Agreement”) is entered into as of
                    , by and between Advanced Drainage Systems, Inc., a Delaware corporation (the “Company”), and
«NAME», an individual (the “Grantee”). 
 W I T N E S S E T H 

WHEREAS, pursuant to the provisions of the Company’s 2008 Restricted Stock Plan (as amended, the “Plan”), the Company
desires to award to the Grantee restricted shares of Common Stock, $.01 par value, of the Company (“Common Stock”), in accordance with the provisions of the Plan, all on the terms and conditions hereinafter set forth; 

WHEREAS, Grantee wishes to accept said offer; and 

WHEREAS, the parties hereto understand and agree that any terms used and not defined herein shall have the same meanings as in the Plan. 

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 §1. Terms of Award. The Company hereby
awards to the Grantee «SHARESD» («SHARES») shares of Common Stock (the “Shares”) in accordance with the terms of this Agreement. 

§2. Provisions of Plan Controlling. The Grantee specifically understands and agrees that the Shares issued under the Plan are
being awarded to the Grantee pursuant to the Plan, copies of which Plan the Grantee acknowledges he or she has read, understands and by which he or she agrees to be bound. The provisions of the Plan are incorporated herein by reference. In the event
of a conflict between the terms and conditions of the Plan and this Agreement, the terms and conditions of the Plan shall control. 

§3. Vesting of Restricted Stock. 

(a) General. Subject to the terms and conditions of the Plan and this Agreement, and except as provided in §§3(b), 3(c), 3(d)
and 3(e) of this Agreement,                 (                ) of the Shares awarded
hereunder shall vest and shall no longer be subject to a risk of forfeiture on each of the first, second, third, fourth and fifth year anniversaries of the date hereof provided that the Grantee has been continuously employed by the Company, or any
subsidiary thereof, from the date hereof through the then-applicable anniversary date. 
 (b) Death of Grantee. If the Grantee shall
die while in the employ of the Company or any of its subsidiaries, the provisions of §3(a) shall have no force and effect, and the Shares awarded hereunder shall vest and shall no longer be subject to a risk of forfeiture. 

 (c) Disability of Grantee. If the Grantee shall become permanently and totally disabled
within the meaning of §22(e)(3) of the Code while in the employ of the Company or any of its subsidiaries, the provisions of §3(a) shall have no force and effect, and the Shares awarded hereunder shall vest and shall no longer be subject
to a risk of forfeiture. 
 (d) Other Termination of Employment. 

(i) Unless expressly provided otherwise in a written agreement between the Grantee and the Company (or any subsidiary thereof), the
Grantee’s employment with the Company or any subsidiary thereof is and at all times has been at will. Nothing in this Agreement is intended to, and no action taken pursuant to this Agreement will, change the at-will nature of the employment
relationship. 
 (ii) If the Grantee’s employment with the Company or any subsidiary thereof is terminated by the Company for Cause
(as defined below), the unvested portion of the Shares awarded hereunder shall be forfeited to the Company for no consideration. As used herein, the term “Cause” shall mean any illegal or disreputable or malfeasant conduct which in
any significant respect impairs the reputation, goodwill or business position of the Company or involves the funds or other assets of the Company or any of its affiliates. 

(iii) If the Grantee’s employment with the Company or any subsidiary thereof is terminated by the Company for any reason other than for
Cause, death or permanent and total disability within the meaning of §22(e)(3) of the Code, the provisions of §3(a) shall have no force and effect, and the Shares awarded hereunder shall vest and shall no longer be subject to a risk of
forfeiture. 
 (iv) If the Grantee’s employment with the Company or any subsidiary thereof is terminated by the Grantee for any reason
other than death or permanent and total disability within the meaning of §22(e)(3) of the Code, the unvested portion of the Shares awarded hereunder shall be forfeited to the Company for no consideration. 

(e) Other Events. If the Grantee remains continuously in the employment of the Company, or any subsidiary thereof, the provisions of
§3(a) shall have no force and effect, and the Shares awarded hereunder shall vest and shall no longer be subject to a risk of forfeiture, effective immediately prior to the closing of an underwritten public offering of the Company’s Common
Stock pursuant to an effective registration statement under the Securities Act of 1933, as amended, or any similar federal statute, or effective immediately at the time of a Change in Control (as defined in the Plan). 

§4. Dividend and Voting Rights. Grantee shall have the right to vote any Shares awarded hereunder and to receive any dividends
declared with respect to such Shares, provided that such voting and dividend rights shall lapse with respect to any Shares that are forfeited to the Company pursuant to §3 of this Agreement. 

  
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 §5. Additional Shares. 

(a) If the Company shall pay a stock dividend or declare a stock split on or with respect to any of its Common Stock, or otherwise distribute
securities of the Company to the holders of its Common Stock, the number of shares of stock or other securities of the Company issued with respect to the Shares then subject to the restrictions contained in this Agreement shall be added to the
Shares subject to this Agreement. If the Company shall distribute to its stockholders shares of stock of another corporation, the shares of stock of such other corporation distributed with respect to the Shares then subject to the restrictions
contained in this Agreement shall be added to the Shares subject to this Agreement. 
 (b) If the outstanding shares of Common Stock of the
Company shall be subdivided into a greater number of shares or combined into a smaller number of shares, or in the event of a reclassification of the outstanding shares of Common Stock of the Company, or if the Company shall be a party to a merger,
consolidation or capital reorganization, there shall be substituted for the Shares then subject to the restrictions contained in this Agreement such amount and kind of securities as are issued in such subdivision, combination, reclassification,
merger, consolidation or capital reorganization in respect of the Shares subject to this Agreement. 
 §6. Legends. All
certificates representing the Shares to be issued to the Grantee pursuant to this Agreement shall have endorsed thereon legends substantially as follows: 

“The shares represented by this certificate are subject to restrictions set forth in a Restricted Stock Agreement dated
                    with the Company, a copy of which Agreement is available for inspection at the offices of the Company or will be made available
upon request.” 
 “The shares represented by this certificate have been taken for investment and they may not be
sold or otherwise transferred by any person, including a pledgee, unless (1) either (a) a Registration Statement with respect to such shares shall be effective under the Securities Act of 1933, as amended, or (b) the Company shall
have received an opinion of counsel satisfactory to it that an exemption from registration under such Act is then available, and (2) there shall have been compliance with all applicable state securities laws.” 

§7. No Obligation to Employ. The Company is not obligated, by the Plan or this Agreement, to continue the Grantee as an employee
of the Company or any subsidiary thereof. 
 §8. Investment Intent. The Grantee represents and warrants to the Company that the
Shares are being acquired for the Grantee’s own account, for investment, and not with a view to, or for sale in connection with, the distribution of any such Shares. 

  
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 §9. Notices. Any notices required or permitted by the terms of this Agreement or the
Plan shall be given by recognized courier service, facsimile, registered or certified mail, return receipt requested, addressed as follows: 

If to the Company: 
 Advanced
Drainage Systems, Inc. 
 4640 Trueman Boulevard 

Hilliard, Ohio 43026 
 Attention:
Corporate Secretary 
 If to the Grantee: 

«NAME» 

«ADDRESS» 
 or to such other address
or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given upon the earlier of receipt, one (1) business day following delivery to a recognized courier service or three
(3) business days following mailing by registered or certified mail. 
 §10. Governing Law. This Agreement shall be
construed and enforced in accordance with the laws of the State of Ohio. 
 §11. Withholding. Prior to delivery of Shares to
Grantee upon the release of the restrictions stated in §3 hereof, Grantee shall be required to make arrangements, satisfactory to the Company, for appropriate withholding for federal, state and local tax purposes. Grantee is permitted to
satisfy any such tax withholding requirements, in whole or in part, by delivering Shares to the Company (including Shares awarded hereunder) having a fair market value (as determined by the Company in its sole discretion) equal to the amount of such
tax. 
 §12. Benefit of Agreement. Subject to the provisions of the Plan and the other provisions hereof, this Agreement shall
be for the benefit of and shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. 

§13. Entire Agreement. This Agreement, together with the Plan, embodies the entire agreement and understanding between the parties
hereto with respect to the subject matter hereof and supersedes all prior oral or written agreements and understandings relating to the subject matter hereof. No statement, representation, warranty, covenant or agreement not expressly set forth in
this Agreement shall affect or be used to interpret, change or restrict, the express terms and provisions of this Agreement, provided, however, in any event, this Agreement shall be subject to and governed by the Plan. 

§14. Modifications and Amendments. The terms and provisions of this Agreement may be modified or amended as provided in the Plan.

 §15. Waivers and Consents. The terms and provisions of this Agreement may be waived, or consent for the departure therefrom
granted, only by a written document executed by the party entitled to the benefits of such terms or provisions. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms or provisions of
this Agreement, whether or not similar. Each such waiver or consent shall be effective only in the specific instance and for the purpose for which it was given, and shall not constitute a continuing waiver or consent. 

*        *        *       
 *        * 

  
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 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by a duly authorized
officer, and the Grantee has hereunto set his or her hand, all as of the day and year first above written. 
  

			
	ADVANCED DRAINAGE SYSTEMS, INC.
		
	By:	 	  

		 	                    
	
	  

	«NAME»

  
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