0000950123-10-103195 Sample Contracts

ADTRAN, INC. PERFORMANCE SHARES AGREEMENT
Performance Shares Agreement • November 9th, 2010 • Adtran Inc • Telephone & telegraph apparatus

This Performance Shares Agreement (this “Agreement”) sets forth the specified terms of ADTRAN, Inc.’s grant of Restricted Stock Units (“Performance Shares”) pursuant to the ADTRAN, Inc. 2006 Employee Stock Incentive Plan (the “Plan”). All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Plan.

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