TELEPHONE AND DATA SYSTEMS, INC. <<YEAR>> STOCK OPTION AWARD AGREEMENTStock Option Award Agreement • May 6th, 2016 • Telephone & Data Systems Inc /De/ • Telephone communications (no radiotelephone) • Delaware
Telephone and Data Systems, Inc., a Delaware corporation (the “Company”), hereby grants to <<FNAME>> <<LNAME>> (the “Optionee”), as of <<GRANT DATE>> (the “Option Date”), pursuant to the provisions of the Telephone and Data Systems, Inc. 2011 Long-Term Incentive Plan, as amended (the “Plan”), a Non-Qualified Stock Option (the “Option”) to purchase from the Company <<STKO>> shares of Common Stock at the price of $<<PRICE>> per share upon and subject to the terms and conditions set forth below. Capitalized terms not defined herein shall have the meanings specified in the Plan.
