SEC Contract Filing

Filing Date: 2015-03-02

Document Content:
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<TYPE>EX-10.3
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<FILENAME>ex10_3.htm
<DESCRIPTION>EX-10.3
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<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">Exhibit 10.3</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><img alt="Logo_rgb" height=59 id="Picture 1" src="ex10_3-x0x0.jpg" width=249><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">2013 LONG-TERM
INCENTIVE PLAN</font></b></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&lt;&lt;YEAR&gt;&gt; STOCK OPTION AWARD
AGREEMENT</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:1.0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">United States Cellular Corporation, a Delaware
corporation (the &#8220;Company&#8221;), hereby grants to Kenneth R. Meyers</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">(the
&#8220;Optionee&#8221;), as of </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&lt;&lt;DATE&gt;&gt;&nbsp;</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> (the &#8220;Option Date&#8221;), pursuant to
the provisions of the </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">United States Cellular Corporation 2013 Long-Term
Incentive Plan (the &#8220;Plan&#8221;),</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> a Non-Qualified Stock Option (the &#8220;Option&#8221;) to
purchase from the Company </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&lt;&lt;# OF SHARES&gt;&gt; </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">shares of Common
Stock at the price of </font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">$&lt;&lt;PRICE</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&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>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:1.0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<h1 style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:0in;"><font face="Times New Roman,serif" style="font-size:12.0pt;font-weight:normal;line-height:normal;">1.</font><font face="Times New Roman" style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><b><u><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Time and Manner of Exercise of Option</font></u></b></h1>

<h2 style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;font-weight:normal;line-height:normal;">1.1.</font><font face="Times New Roman" style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><u><font face="Times New Roman,serif" style="font-size:10.0pt;font-weight:normal;line-height:normal;">Exercise of Option</font></u><font face="Times New Roman,serif" style="font-size:10.0pt;font-weight:normal;line-height:normal;">.&#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-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face=Symbol style="font-size:14.0pt;font-weight:normal;line-height:normal;">&#183;</font><font face="Times New Roman" style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" style="font-size:10.0pt;font-weight:normal;line-height:normal;">1/3 of grant vests on</font><b><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;"> &lt;&lt;One year anniversary of&#160; Option
Date&gt;&gt;</font></b></h2>

<h2 style="margin-bottom:12.0pt;margin-left:1.5in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face=Symbol style="font-size:14.0pt;font-weight:normal;line-height:normal;">&#183;</font><font face="Times New Roman" style="font-size:7.0pt;font-weight:normal;line-height:normal;">&nbsp;&nbsp;&