Document:

Unit Plan For Incumbent Non-Employee Directors

 Exhibit 10.34 
 Unit Plan For Incumbent Non-Employee Directors 
 (as
amended effective August 31, 2007) 
 SECTION 1. Introduction 
 The Unit Plan for Incumbent Non-Employee Directors provides for a Stock Unit Account, an Equity Index Account and an Interest Income Account
for each Incumbent Director, the value of which will be paid to the Incumbent Director or, in the case of his or her death, a Beneficiary, upon such Incumbent Director’s ceasing to be a Director after January 1, 1996. This Plan was
initially effective November 29, 1995. No additional amounts, other than earnings, have been credited since January 1, 1996. 
 SECTION 2. Definitions 
 For purposes of the Plan, the following terms are defined as set forth below:

  

	a.	“Account” means the Stock Unit Account, the Equity Index Account or the Interest Income Account, and “Accounts” means more than one of the
Accounts. 

  

	b.	“Altria Stock Fund” means the Altria Stock Fund of the Profit-Sharing Plan or the predecessor thereto (such predecessor fund was referred to as the
Philip Morris Stock Fund). 

  

	c.	“Beneficiary” means any person or entity designated as such in a current Beneficiary Designation Form on file with the Corporate Secretary of the
Company. If there is no valid designation or if no designated Beneficiary survives the Participant, the Beneficiary is the Participant’s estate. 

  

	d.	“Beneficiary Designation Form” means a Plan Beneficiary Designation Form properly completed and signed. 

  

	e.	“Board” means the Board of Directors of the Company. 

  

	f.	“Common Stock” means the common stock, $0.331/3 par value, of the Company. 

  

	g.	“Company” means Altria Group, Inc., a corporation organized under the laws of the Commonwealth of Virginia, or any successor corporation.

  

	h.	“Director” means a person serving on the Board. 

  

	i.	“Distribution Election Form” means a Plan Distribution and Special Transfer Election Form properly completed and signed. 

  

	j.	“Equity Index Account” means the unfunded deferred compensation account established by the Company in accordance with Section 3 of the Plan.

  

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	k.	“Equity Index Fund” means the Equity Index Fund of the Profit-Sharing Plan. 

  

	l.	“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the rules and regulations thereunder.

  

	m.	“Interest Income Account” means the unfunded deferred compensation account established by the Company in accordance with Section 3 of the Plan.

  

	n.	“Interest Income Fund” means the Interest Income Fund of the Profit-Sharing Plan. 

  

	o.	“Incumbent Director” means a Director on January 1, 1996 who is not entitled to receive a pension or similar benefit from the Company or any
corporation in which the Company owns, or at any time owned, directly or indirectly, stock possessing at least fifty percent (50%) of the total combined voting power of all classes of stock entitled to vote; provided, however, if an Incumbent
Director is eligible for a Pension Allowance (as defined in the Pension Plan) if he or she ceases to be a Director, he or she waives, before December 20, 1995, his or her right to such Pension Allowance. 

  

	p.	“Participant” means an Incumbent Director, and a person who was, but is no longer, serving on the Board as long as an Account is being maintained for
his or her benefit. 

  

	q.	“Pension Plan” means the Pension Plan for Directors of Philip Morris Companies Inc. 

  

	r.	“Plan” means the Unit Plan for Incumbent Non-Employee Directors. 

  

	s.	“Profit-Sharing Plan” means the Altria Group, Inc. Deferred Profit-Sharing Plan, effective as of January 1, 1956, as amended from time to time.

  

	t.	“Stock Unit” means a notional entry that is the equivalent of one share of Common Stock. 

  

	u.	“Stock Unit Account” means the unfunded deferred compensation account established by the Company in accordance with Section 3 of the Plan.

 SECTION 3. Accounts 
 On January 1, 1996, the Company shall establish a Stock Unit Account for each Incumbent Director and shall credit thereto a number of Stock Units equal to that resulting from a theoretical investment
of $285,000 on December 29, 1995 in the Altria Stock Fund; provided, however, if, before December 20, 1995, a Director shall have elected to credit an amount, not in excess of $142,500 in the aggregate, to one or both of the Equity Index
Account and the Interest Income Account, the Company shall establish for each such Incumbent Director on January 1, 1996 such Accounts in the amounts specified and shall credit to a Stock Unit Account for such Incumbent Director that number of
Stock Units equal to that resulting from a theoretical investment on December

  

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29, 1995 in the Altria Stock Fund of $285,000, less the amounts credited to such other Accounts. 
 The Stock Unit Account shall be a bookkeeping account whose value shall be based on a theoretical investment in the Altria Stock Fund. If as a result of adjustments or substitutions in connection with an
event described in the second paragraph of Section 4 of the Company’s Stock Compensation Plan for Non-Employee Directors or the comparable provision of any successor to such plan, a participant has received or receives with respect to his
or her Stock Unit Account rights or amounts measured by reference to stock other than Common Stock, (i) such rights or amounts shall be accounted for in an additional account under the Plan but treated as subject to the elections made with
respect to the Stock Unit Account under the Plan and (ii) within 12 months following the event described in such Section 4, the participant shall be offered the opportunity to convert the portion of his or her account measured by reference
to such other stock to an amount credited under the Stock Unit Account having the same fair market value (rounded as necessary to reflect fractional shares) as of the date of such conversion. 
 The Equity Index Account shall be a bookkeeping account whose value shall be based on a theoretical investment in the Equity Index Fund of
the Profit-Sharing Plan. 
 The Interest Income Account shall be a bookkeeping account whose value shall be based on a
theoretical investment in the Interest Income Fund of the Profit-Sharing Plan. 
 Each Account shall be credited with earnings
and charged with losses, if any, on the same basis as the corresponding Fund, as the same may be changed from time to time, under the Profit-Sharing Plan. The value of any Account at any relevant time shall be determined as if all amounts credited
thereto had been invested in the corresponding Fund; provided, however, that if as a result of adjustments or substitutions in connection with an event described in the second paragraph of Section 4 of the Company’s Stock Compensation Plan
for Non-Employee Directors or the comparable provision of any successor to such plan, a participant has received or receives with respect to his or her Stock Unit Account rights or amounts measured by reference to stock other than Common Stock, then
any crediting of amounts to reflect dividends with respect to such other stock shall be allocated among and treated as invested proportionately in the Accounts most recently selected and in effect for investment by the Participant. 
 Except as provided in Section 4 below, no transfer shall be permitted among Accounts. 
 SECTION 4. Distribution and Special Transfer Election 
 Unless the Participant has filed a Distribution Election Form with the Corporate Secretary of the Company no later than one year and one day preceding the date he or she ceases to be a Director, the
Participant’s Accounts shall be distributed in a lump sum on

  

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the first day of the second month following the date the Participant ceases to be a Director. 
 A Participant may file a Distribution Election Form, which shall be irrevocable, providing that distribution from his or her Accounts may be made (i) in no more than one-hundred eighty
(180) monthly, sixty (60) quarterly or fifteen (15) annual installments or (ii) in a combination of a lump sum and installments. The first such payment shall be made on the first day of the second month following the date the
participant ceases to be a Director. Each installment shall be determined by dividing the sum of the Account balances by the number of remaining installments. If a Participant or a Beneficiary is receiving distributions in installments, the Accounts
shall continue to accrue earnings and incur losses in accordance with Section 3. 
 A Participant who elects a distribution
in installments shall be entitled to make a special investment election on his or her Distribution Election Form pursuant to which transfers from the Participant’s Stock Unit Account will be made, effective the first day of the second month
following the date the Participant ceases to be a Director, to an Equity Index Account or an Interest Income Account or both. 
 If a distribution occurs by reason of the Participant’s death or, if at the time of death, the Participant was receiving distributions in installments, the balance remaining in the Participant’s Accounts shall be payable to his or
her Beneficiaries designated in, and in the manner of payment set forth on, the Participant’s Beneficiary Designation Form in effect on the date of the Participant’s death. Any lump sum distributions to Beneficiaries shall be without
interest. 
 All distributions shall be paid in cash. 
 SECTION 5. Beneficiary Designation 
 A Participant may at any time file a
Beneficiary Designation Form with the Corporate Secretary of the Company. Such Beneficiary Designation Form may be revoked or modified at any time by filing a new Beneficiary Designation Form. 
 SECTION 6. General Provisions 
 6.1
Unfunded Plan. 
 It is intended that the Plan constitute an “unfunded” plan for deferred compensation. The Company may authorize
the creation of trusts or other arrangements to meet the obligations created under the Plan; provided, however, that, unless the Company otherwise determines, the existence of such trusts or other arrangements is consistent with the
“unfunded” status of the Plan. Any liability of the Company to any person with respect to any grant under the Plan shall be based solely upon any contractual obligations that may be created pursuant to the Plan. No such obligation of the
Company shall be

  

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deemed to be secured by any pledge of, or other encumbrance on, any property of the Company. 
 6.2 Rules of Construction. 
 Headings are given to the sections of the Plan solely as a convenience to facilitate reference. The
reference to any statute, regulation, or other provision of law shall be construed to refer to any amendment to or successor of such provision of law. 
 6.3 Withholding. 
 No later than the date as of which an amount first becomes includible in the gross income of the Participant
or Beneficiary for Federal income tax purposes with respect to any participation under the Plan, the Participant or Beneficiary shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, any Federal, state,
local or foreign taxes of any kind required by law to be withheld with respect to such amount. 
 6.4 Amendment. 
 The Plan may be amended by the Board, but no amendment shall be made that would impair the rights of a Participant to his or her Accounts without his or her
consent. 
 6.5 Duration of Plan. 
 There shall be no time limitation with respect to the Plan. The Board may terminate the Plan at any time. Upon termination of the Plan, amounts credited to each Account shall be distributed in accordance with the Distribution Election Form
applicable to each such Account or as otherwise provided in Section 4. 
 6.6 Assignability. 
 No Participant or Beneficiary shall have the right to assign, pledge or otherwise transfer any payments to which such Participant or Beneficiary may be
entitled under the Plan other than by will or by the laws of descent and distribution or pursuant to a “qualified domestic relations order” (as defined by Title I of ERISA). 
 6.7 Construction. 
 The Plan shall be construed and interpreted in accordance with Virginia
law. Headings are given to the sections of the Plan solely as a convenience to facilitate reference. The reference to any statute, regulation, or other provision of law shall be construed to refer to any amendment to or successor of such provision
of law. The Plan is intended to be construed so that participation in the Plan will be exempt from Section 16(b) of the

  

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Exchange Act pursuant to regulations and interpretations issued from time to time by the Securities and Exchange Commission. 
  

 6Form of Restricted Stock Agreement, dated as of December 31, 2009

 Exhibit 10.53 
 THE ALTRIA GROUP, INC. 
 2005 PERFORMANCE INCENTIVE
PLAN 
 RESTRICTED STOCK AGREEMENT 
 (December 31, 2009) 
 ALTRIA GROUP, INC. (the “Company”), a
Virginia corporation, hereby grants to the employee identified in the 2009 Restricted Stock Award section of the Award Statement (the “Employee”) under the Altria Group, Inc. 2005 Performance Incentive Plan (the “Plan”) a
Restricted Stock Award (the “Award”) dated December 31, 2009, with respect to the number of shares set forth in the 2009 Restricted Stock Award section of the Award Statement (the “Shares”) of the Common Stock of the Company
(the “Common Stock”), all in accordance with and subject to the following terms and conditions: 
 1. Book Entry
Registration. The Shares shall be evidenced by a book entry account maintained by the Company’s Transfer Agent for the Common Stock. Upon the vesting of Shares, no certificates will be issued except upon a separate written request made to
such Transfer Agent or other agent as determined by the Company. 
 2. Restrictions. Subject to Section 3 below, the
restrictions on the Shares shall lapse and the Shares shall vest on the Vesting Date set forth in the 2009 Restricted Stock Award section of the Award Statement (the “Vesting Date”), provided that the Employee remains an employee of the
Company (or a subsidiary or affiliate) during the entire period (the “Restriction Period”) commencing on the Award Date set forth in the Award Statement and ending on the Vesting Date. 
 3. Termination of Employment During Restriction Period. In the event of the termination of the Employee’s employment with the
Company (and with all subsidiaries and affiliates of the Company) prior to the Vesting Date due to death or Disability, or upon the Employee reaching eligibility for Normal Retirement, the restrictions on the Shares shall lapse and the Shares shall
become fully vested on the date of death, Disability, or eligibility for Normal Retirement. 
 If the Employee’s employment
with the Company (and with all subsidiaries and affiliates of the Company) is terminated for any reason other than death or Disability prior to the end of the Restriction Period, the Employee shall forfeit all rights to the Shares. Notwithstanding
the foregoing, the Compensation Committee of the Board of Directors of the Company may, in its sole discretion, waive the restrictions on, and the vesting requirements for, the Shares. 
 4. Voting and Dividend Rights. During the Restriction Period, the Employee shall have the rights to vote the Shares and to receive
any cash dividends payable with respect to the Shares, as paid, less applicable withholding taxes (it being understood that such dividends will generally be taxable as ordinary compensation income during such Restriction Period). 
 5. Transfer Restrictions. This Award and the Shares (until they become unrestricted pursuant to the terms hereof) are
non-transferable and may not be assigned, hypothecated or otherwise pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, the Award shall
immediately become null and void and the Shares shall be forfeited. 
 6. Withholding Taxes. The Company is authorized to
satisfy the actual minimum statutory withholding taxes arising from the granting or vesting of this Award, as the case may be, by deducting the number of shares having an aggregate value equal to the amount of withholding taxes due from the total

 
number of shares awarded or the number of shares vesting or otherwise becoming subject to current taxation. The Company is also authorized to satisfy the actual withholding taxes arising from the
granting or vesting of this Award, or hypothetical withholding tax amounts if the Employee is covered under a Company tax equalization policy, as the case may be, by the remittance of the required amounts from any proceeds realized upon the
open-market sale of vested Shares by the Employee. Shares deducted from this Award in satisfaction of actual minimum withholding tax requirements shall be valued at the Fair Market Value of the Shares on the date as of which the amount giving rise
to the withholding requirement first became includible in the gross income of the Employee under applicable tax laws. If the Employee is covered by a Company tax equalization policy, the Employee also agrees to pay to the Company any additional
hypothetical tax obligation calculated and paid in accordance with such tax equalization policy. 
 7. Death of Employee.
If any of the Shares shall vest upon the death of the Employee, they shall be registered in the name of the estate of the Employee except that, to the extent permitted by the Compensation Committee, if the Company shall have theretofore received in
writing a beneficiary designation, the Shares shall be registered in the name of the designated beneficiary. 
 8. Board
Authorization in the Event of Restatement. Notwithstanding anything in this Agreement to the contrary, if the Board of Directors of the Company or an appropriate Committee of the Board determines that, as a result of a restatement of the
Company’s financial statements, the Employee has received greater compensation in connection with the Award than would been received absent the incorrect financial statements, the Board or Committee, in its discretion, may take such action with
respect to this Award as it deems necessary or appropriate to address the events that gave rise to the restatement and to prevent its recurrence. Such action may include, to the extent permitted by applicable law, causing the full or partial
cancellation of this Award and, with respect to Shares that have vested, requiring the Employee to repay to the Company the full or partial Fair Market Value of the Award determined at the time of vesting, and the Employee agrees by accepting this
Award that the Board or Committee may make such a cancellation, impose such a repayment obligation, or take other necessary or appropriate actions in such circumstances. 
 9. Other Terms and Provisions. The terms and provisions of the Plan (a copy of which will be furnished to the Employee upon written request to the Office of the Secretary, Altria Group, Inc., 6601
West Broad Street, Richmond, Virginia 23230) are incorporated herein by reference. To the extent any provision of this Award is inconsistent or in conflict with any term or provision of the Plan, the Plan shall govern. Capitalized terms not
otherwise defined herein have the meaning set forth in the Plan. In the event of any merger, share exchange, reorganization, consolidation, recapitalization, reclassification, distribution, stock dividend, stock split, reverse stock split, split-up,
spin-off, issuance of rights or warrants or other similar transaction or event affecting the Common Stock after the date of this Award, the Board of Directors of the Company is authorized, to the extent it deems appropriate, to make adjustments to
the number and kind of shares of stock subject to this Award, including the substitution of equity interests in other entities involved in such transactions, to provide for cash payments in lieu of Shares, and to determine whether continued
employment with any entity resulting from such a transaction will or will not be treated as continued employment with the Company and its subsidiaries and affiliates, in each case subject to any Board or Committee action specifically addressing any
such adjustments, cash payments, or continued employment treatment. 
 For purposes of this Agreement, (a) the term
“Disability” means permanent and total disability as determined under procedures established by the Company for purposes of the Plan, and (b) the term “Normal Retirement” means retirement from active employment under a
pension plan of the Company or any subsidiary or affiliate of the Company or under an employment contract with the Company or any subsidiary or affiliate of the Company on or after the date specified as the normal retirement age in the

  

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pension plan or employment contract, if any, under which the Employee is at that time accruing pension benefits for his or her current service (or, in the absence of a specified normal retirement
age, the age at which pension benefits under such plan or contract become payable without reduction for early commencement and without any requirement of a particular period of prior service). In any case in which (i) the meaning of
“Normal Retirement” is uncertain under the definition contained in the prior sentence or (ii) a termination of employment at or after age 65 would not otherwise constitute “Normal Retirement,” an Employee’s termination
of employment shall be treated as a “Normal Retirement” under such circumstances as the Committee, in its sole discretion, deems equivalent to retirement. Generally, for purposes of this Agreement, (x) a “subsidiary”
includes only any company in which the Company, directly or indirectly, has a beneficial ownership interest of greater than 50 percent and (y) an “affiliate” includes only any company that (A) has a beneficial ownership interest,
directly or indirectly, in the Company of greater than 50 percent or (B) is under common control with the Company through a parent company that, directly or indirectly, has a beneficial ownership interest of greater than 50 percent in both the
Company and the affiliate. 
 IN WITNESS WHEREOF, this Restricted Stock Agreement has been duly executed as of December 31,
2009. 
  

			
	ALTRIA GROUP, INC.
		
	By:	 	 /s/    W. Hildebrandt Surgner, Jr.

		 	 W. Hildebrandt Surgner, Jr.
 Corporate Secretary

  

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