LAMAR ADVERTISING COMPANY Restricted Stock Agreement (Non-Employee Directors)Restricted Stock Agreement • May 30th, 2007 • Lamar Advertising Co/New • Services-advertising agencies
Lamar Advertising Company, a Delaware corporation (the “Company”), hereby grants to the Participant named above (“you”) for services as a non-employee director of the Company the number of shares (together with any additional shares of Stock issued on account of such shares by reason of stock dividends, stock splits or recapitalizations, whether by merger, consolidation, combination, exchange of shares or otherwise, the “Restricted Stock”) of Class A Common Stock, par value $0.001 per share (the “Stock”) of the Company set forth below on the terms of this Notice of Grant of Restricted Stock and Agreement (this “Agreement”), subject to the provisions of the Lamar Advertising Company 1996 Equity Incentive Plan, as amended from time to time (the “Plan”).
