SEC Contract Filing

Filing Date: 2016-03-18

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>exhibit10_3.htm
<DESCRIPTION>EX-10.3
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 <p style="margin:0pt; text-align:right"><a name="_DMBM_4540"></a><a name="_CSF_TOC_1"></a><a name="EDGAR_PAGE_START1"></a><font style="font-family:Helvetica; font-size:11pt; font-weight:bold; text-decoration:underline">Exhibit 10.3</font></p>
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 <p style="margin:0pt; text-align:center"><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">2013 LONG-TERM INCENTIVE PLAN</font></p>
 <p style="margin:6pt 0pt 0pt; text-align:center"><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">&lt;&lt;YEAR&gt;&gt; STOCK OPTION AWARD AGREEMENT</font></p>
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 <p style="margin:0pt"><font style="font-family:Helvetica; font-size:9pt">United States Cellular Corporation, a Delaware corporation (the &#8220;Company&#8221;), hereby grants to Kenneth R. Meyers</font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold"> </font><font style="font-family:Helvetica; font-size:9pt">(the &#8220;Optionee&#8221;), as of </font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">&lt;&lt;OPTION DATE&gt;&gt;</font><font style="font-family:Helvetica; font-size:9pt"> (the &#8220;Option Date&#8221;), pursuant to the provisions of the </font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">United States Cellular Corporation 2013 Long-Term Incentive Plan, as amended from time to time (the &#8220;Plan&#8221;),</font><font style="font-family:Helvetica; font-size:9pt"> a Non-Qualified Stock Option (the &#8220;Option&#8221;) to purchase from the Company </font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">&lt;&lt;# OF SHARES&gt;&gt; </font><font style="font-family:Helvetica; font-size:9pt">sh</font><font style="font-family:Helvetica; font-size:9pt">ares of Common Stock at the price of </font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold">$&lt;&lt;PRICE</font><font style="font-family:Helvetica; font-size:9pt">&gt;&gt; per share upon and subject to the terms and conditions set forth below.&#160; Capitalized terms not defined herein shall have the meanings specified in the Plan.</font></p>
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 <h1 style="margin:0pt 0pt 12pt; text-indent:0pt; font-weight:normal"><font style="font-family:Helvetica; font-size:9pt; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none; vertical-align:baseline; display:inline">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold; text-decoration:underline">Time and Manner of Exercise of Option</font></h1>
 <h2 style="margin:0pt 0pt 12pt; text-indent:72pt; font-weight:normal"><font style="font-family:Helvetica; font-size:9pt; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none; vertical-align:baseline; display:inline">1.1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:Helvetica; font-size:9pt; text-decoration:underline">Exercise of </font><font style="font-family:Helvetica; font-size:9pt; text-decoration:underline">Option</font><font style="font-family:Helvetica; font-size:9pt">.&#160; Except as otherwise provided in this Award Agreement, the Option shall become exercisable according to the following vesting schedule:</font></h2>
 <h2 style="margin:0pt 0pt 12pt 108pt; text-indent:-18pt; font-weight:normal"><font style="font-family:Symbol; font-size:14pt"></font>&#8226;<font></font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:Helvetica; font-size:9pt">1/3 of grant vests on</font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold"> </font><font style="font-family:Helvetica; font-size:9pt">April 1, 2017</font></h2>
 <h2 style="margin:0pt 0pt 12pt 108pt; text-indent:-18pt; font-weight:normal"><font style="font-family:Symbol; font-size:14pt"></font>&#8226;<font></font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:Helvetica; font-size:9pt">1/3 of grant vests on</font><font style="font-family:Helvetica; font-size:9pt; font-weight:bold"> </font><font style="font-family:Helvetica; font-size:9pt">April 1, 2018</font></h2>
 <h2 style="margin:0pt 0pt 12pt 108pt; text-indent:-18pt; font-weight:normal"><font style="font-family:Symbol; font-size:14pt"></font>&#8226;<font></font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:Helvetica; font-size:9pt">Remaining 1/3 of grant vests on April 1,</font><font style="font-family:Helvetica; font-size:9pt"> 2019</font></h2>
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