0000018926-07-000006 Sample Contracts

FORM OF RESTRICTED STOCK AGREEMENT UNDER THE CENTURYTEL, INC. (2007 Grants to Section 16 Officers)
Restricted Stock Agreement • May 9th, 2007 • Centurytel Inc • Telephone communications (no radiotelephone) • Louisiana

This RESTRICTED STOCK AGREEMENT (this “Agreement”) is entered into as of February 26, 2007, by and between CenturyTel, Inc. (“CenturyTel”) and ___________________ (“Award Recipient”).

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FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE CENTURYTEL, INC. (2007 Grants to Section 16 Officers)
Non-Qualified Stock Option Agreement • May 9th, 2007 • Centurytel Inc • Telephone communications (no radiotelephone) • Louisiana

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is entered into as of February 26, 2007, by and between CenturyTel, Inc., a Louisiana corporation (“CenturyTel”), and _________________ (“Optionee”).

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