0001104659-07-090216 Sample Contracts

AMENDED MASTER DEFERRED ISSUANCE STOCK AGREEMENT
Master Deferred Issuance Stock Agreement • December 20th, 2007 • Level 3 Communications Inc • Telephone communications (no radiotelephone)

This Amended Master Deferred Issuance Stock Agreement (along with the Exhibits hereto, this “Agreement”) is entered into as of , by and between Level 3 Communications, Inc., a Delaware corporation (the “Company”), and the individual whose name appears on the signature page to this Agreement (the “Employee”), an “Employee” as defined in the Company’s 1995 Stock Plan (Amended and Restated as of April 1, 1998, and as further amended from time to time, the “Plan”).

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LEVEL 3 COMMUNICATIONS, INC. OSO MASTER AWARD AGREEMENT
Oso Master Award Agreement • December 20th, 2007 • Level 3 Communications Inc • Telephone communications (no radiotelephone)

THIS OSO MASTER AWARD AGREEMENT (the “Agreement”) is dated as of , between Level 3 Communications, Inc., a Delaware corporation (the “Company”), and the individual whose name appears on the signature page to this Agreement (the “Grantee”), an “Employee” as defined in the Company’s 1995 Stock Plan (as amended from time to time) (the “Plan”).

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