Common use of Determining Award Value Clause in Contracts

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 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 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 2015 (October 1, 2014 to September 30, 2015) October 1, 2014 closing AT&T stock price September 30, 2015 closing AT&T stock price 2016 (October 1, 2015 to September 30, 2016) October 1, 2015 closing AT&T stock price September 30, 2016 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 2016 (October 1, 2015 to September 30, 2016) October 1, 2015 closing AT&T stock price September 30, 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 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 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.