0001193125-15-211690 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • June 3rd, 2015 • Communications Sales & Leasing, Inc. • Real estate investment trusts • Arkansas

This Severance Agreement (the “Agreement”), dated as of June 1, 2015 (the “Effective Date”), is made by and between Communications Sales & Leasing, Inc., a Maryland corporation (the “Corporation”), and Mark A. Wallace (“Executive”).

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COMMUNICATIONS SALES & LEASING, INC. RESTRICTED SHARES AGREEMENT - TIME-BASED VESTING ONLY
Restricted Shares Agreement • June 3rd, 2015 • Communications Sales & Leasing, Inc. • Real estate investment trusts • Maryland

Communications Sales & Leasing, Inc., a Maryland corporation (the “Company”), grants to the Grantee named below, in accordance with the terms of the Communications Sales & Leasing, Inc. 2015 Equity Incentive Plan (the “Plan”), and this Restricted Shares Agreement (the “Agreement”), the following number of Restricted Shares covered by this Agreement (the “Restricted Shares”), on the Date of Grant set forth below:

COMMUNICATIONS SALES & LEASING, INC. RESTRICTED SHARES AGREEMENT - TIME-BASED VESTING ONLY [Non-Employee Directors]
Restricted Shares Agreement • June 3rd, 2015 • Communications Sales & Leasing, Inc. • Real estate investment trusts • Maryland

Communications Sales & Leasing, Inc., a Maryland corporation (the “Company”), grants to the Grantee named below, in accordance with the terms of the Communications Sales & Leasing, Inc. 2015 Equity Incentive Plan (the “Plan”) and this Restricted Shares Agreement (the “Agreement”), the following number of Restricted Shares (the “Restricted Shares”), on the Date of Grant set forth below:

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