0001193125-14-095770 Sample Contracts

Senior Leadership Team Award Agreement for Long Term Incentive Compensation under the Waste Management, Inc. 2009 Stock Incentive Plan
Award Agreement • March 12th, 2014 • Waste Management Inc • Refuse systems • Texas

This Award Agreement (this “Agreement”) is entered into effective as of March 7, 2014, (the “Grant Date”), by and between Waste Management, Inc., a Delaware corporation (the “Company”) (together with its Subsidiaries and Affiliates, “WM”), and you (“Employee”). At all times, the Awards under this Agreement are subject to the terms and conditions of the Waste Management, Inc. 2009 Stock Incentive Plan (the “Plan”), this Agreement, and all applicable administrative interpretations and practices. A copy of the Plan is available online at http://visor.wm.com under the Legal tab. Once there, scroll to the bottom of the Legal page, then choose Documents, Stock Incentive Plan and choose “2009 Stock Incentive Plan (amended as of 050913).” A description of the Plan appears on the same page under “2009 Stock Incentive Plan Prospectus.”

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