SEC Contract Filing

Filing Date: 2015-08-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>lmos-20150630ex101a36b20.htm
<DESCRIPTION>EX-10.1
<TEXT>
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 lmos-20150630-Q2 Exhibit_101
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 <font style="display: inline;font-size:11pt;">May 6, 2015</font>
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 <font style="display: inline;font-size:11pt;">Timothy G</font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;"> Biltz</font>
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 <font style="display: inline;font-size:11pt;">1989 Carmel Road</font>
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 <font style="display: inline;font-size:11pt;">Charlotte, NC 28226</font>
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 <font style="display: inline;font-size:11pt;">Dear Timothy:</font>
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 <font style="display: inline;font-size:11pt;">Pursuant to the Lumos Networks Corp. 2011 Equity and Cash Incentive (the &#x201C;Plan&#x201D;), the Plan&#x2019;s administrative committee (the &#x201C;Committee&#x201D;) hereby grants 100</font><font style="display: inline;font-size:11pt;">,000</font><font style="display: inline;font-size:11pt;"> shares of Restricted Stock, par value $.01 (&#x201C;Award&#x201D;).&nbsp;&nbsp;This Award is subject to the applicable terms and conditions of the Plan, which are incorporated herein by reference, and in the event of any contradiction, distinction or difference between this letter and the terms of the Plan, the terms of the Plan will control.&nbsp;&nbsp;All capitalized terms used herein have the meanings set forth herein or in the Plan, as applicable.</font>
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 <font style="display: inline;font-size:11pt;">Subject to your continued employment with the Company and its Subsidiaries, your Award will fully vest and become </font><font style="display: inline;">non-forfeitable</font><font style="display: inline;font-size:11pt;"> as of May 6, 2018 (&#x201C;Vesting Date&#x201D;).</font>
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 <font style="display: inline;font-size:11pt;">The following enhanced vesting provisions shall also apply to your Award shares</font><font style="display: inline;"> in the event your employment with the Company and its Subsidiaries terminates under the circumstances described below before your Award shares become vested</font><font style="display: inline;font-size:11pt;">.</font>
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 <font style="display: inline;font-size:11pt;color:#000000;">In the event the Company terminates your employment </font><font style="display: inline;color:#000000;">with the Company and its Subsidiaries </font><font style="display: inline;font-size:11pt;color:#000000;">involuntarily and without Cause in contemplation of or within nine (9) months after a Change in Control, as defined in the Plan, then your entire Award will fully vest and become </font><font style="display: inline;color:#000000;">non-forfeitable</font><font style="display: inline;font-size:11pt;color:#000000;"> immediately prior to your Termination Date.&nbsp;&nbsp;Your employment will be </font><font style="display: inline;color:#000000;">considered</font><font style="display: inline;font-size:11pt;color:#000000;">&nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">to have been terminated &#x201C;in contemplation of&#x201D; a Change in Control</font><font style="display: inline;font-size:11pt;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">only </