Common use of Determining Award Value Clause in Contracts

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 (October 1, 2018 to September 30, 2019) October 1, 2018 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to September 30, 2020) October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (2019 October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 281, 2018 closing AT&T stock price September 30, 2019 (October 1, 2018 to September 30, 2019) October 1, 2018 closing AT&T stock price September 30, 2019 closing AT&T stock price 2019) 2020 October 1, 2019 September 30, 2020 (October 1, 2019 to September 30, 2020) October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2020) 2021 October 1, 2020 September 30, 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 closing AT&T stock price 2021) 2022 October 1, 2021 September 30, 2022 (October 1, 2021 to September 30, closing AT&T stock price closing AT&T stock price 2022) The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. Other Agreements The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 2014 (October 1, 2018 2013 to September 30, 20192014) October 1, 2018 2013 closing AT&T stock price September 30, 2019 2014 closing AT&T stock price 2020 2015 (October 1, 2019 2014 to September 30, 20202015) October 1, 2019 2014 closing AT&T stock price September 30, 2020 2015 closing AT&T stock price 2021 2016 (October 1, 2020 2015 to September 30, 20212016) October 1, 2020 2015 closing AT&T stock price September 30, 2021 2016 closing AT&T stock price 2017 (October 3, 2016 to September 29, 2017) October 3, 2016 closing AT&T stock price September 29, 2017 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 2022 (October 1, 2018 2021 to September 30, 20192022) October 1, 2018 2021 closing AT&T stock price September 30, 2019 2022 closing AT&T stock price 2020 2023 (October 13, 2019 2022 to September 29, 2023) October 3, 2022 closing AT&T stock price September 29, 2023 closing AT&T stock price 2024 (October 2, 2023 to September 30, 20202024) October 12, 2019 2023 closing AT&T stock price September 30, 2020 2024 closing AT&T stock price 2021 2025 (October 1, 2020 2024 to September 30, 20212025) October 1, 2020 2024 closing AT&T stock price September 30, 2021 2025 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (2019 October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 281, 2018 closing AT&T stock price September 30, 2019 (October 1, 2018 to AT&T stock price closing AT&T stock September 30, price 2019) 2020 October 1, 2018 2019 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to AT&T stock price closing AT&T stock September 30, price 2020) 2021 October 1, 2019 2020 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to AT&T stock price closing AT&T stock September 30, price 2021) 2022 October 1, 2020 2021 closing September 30, 2022 (October 1, 2021 to AT&T stock price closing AT&T stock price September 30, 2021 closing AT&T stock price 2022) The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 (October 1, 2018 to September 30, 2019) October 1, 2018 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to September 30, 2020) October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 closing AT&T stock price 2022 (October 1, 2021 to September 30, 2022) October 1, 2021 closing AT&T stock price September 30, 2022 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. Other Agreements The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 2010 (October 21, 2017 2009 to September 30, 2010) October 1, 2009 closing AT&T stock price September 30, 2010 closing AT&T stock price 2011 (October 1, 2010 to September 30, 2011) October 1, 2010 closing AT&T stock price September 30, 2011 closing AT&T stock price 2012 (October 3, 2011 to September 28, 20182012) October 23, 2017 2011 closing AT&T stock price September 28, 2018 2012 closing AT&T stock price 2019 2013 (October 1, 2018 2012 to September 30, 20192013) October 1, 2018 2012 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to September 30, 2020) October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 2013 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2017 (October 3, 2016 to September 29, 2017) October 3, 2016 closing AT&T stock price September 29, 2017 closing AT&T stock price 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 (October 1, 2018 to September 30, 2019) October 1, 2018 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to September 30, 2020) 2020 October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.

Determining Award Value. Award Year Beginning Award Value Ending Award Value 2018 (October 2, 2017 to September 28, 2018) October 2, 2017 closing AT&T stock price September 28, 2018 closing AT&T stock price 2019 (October 1, 2018 to September 30, 2019) October 1, 2018 closing AT&T stock price September 30, 2019 closing AT&T stock price 2020 (October 1, 2019 to September 30, 2020) October 1, 2019 closing AT&T stock price September 30, 2020 closing AT&T stock price 2021 (October 1, 2020 to September 30, 2021) October 1, 2020 closing AT&T stock price September 30, 2021 closing AT&T stock price 2022 (October 1, 2021 to September 30, 2022) October 1, 2021 closing AT&T stock price September 30, 2022 closing AT&T stock price 2023 (October 3, 2022 to September 29, 2023) October 3, 2022 closing AT&T stock price September 29, 2023 closing AT&T stock price The stock price used in establishing the award value will be the closing AT&T stock price on the New York Stock Exchange. The award value will be adjusted proportionally to reflect any stock split.