0001437749-17-018404 Sample Contracts

EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT
Employee Restricted Stock Award Agreement • November 6th, 2017 • Gray Television Inc • Television broadcasting stations • Georgia

Gray Television, Inc. (the “Company”) hereby grants to Participant (the “Award”) the Restricted Stock covering the class of Stock (the “Restricted Shares”) in the amounts and on the vesting dates indicated below, subject to the Participant’s continuous employment with the Company and/or its Subsidiaries through each applicable vesting date (such period, the “Vesting Period”). The Award is subject to the terms and conditions set forth on this page and in Attachment A hereto (collectively, this “Agreement”), as well as those in the Company’s 2017 Equity and Incentive Compensation Plan (the “Plan”), which is incorporated herein.

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EMPLOYEE RESTRICTED STOCK UNITS AWARD AGREEMENT
Employee Restricted Stock Units Award Agreement • November 6th, 2017 • Gray Television Inc • Television broadcasting stations • Georgia

Gray Television, Inc. (the “Company”) hereby grants to Participant (the “Award”) the Restricted Stock Units covering the class of Stock (the “RSUs”) in the amounts and on the vesting dates indicated below, subject to the Participant’s continuous employment with the Company and/or its Subsidiaries through each applicable vesting date (such period, the “Vesting Period”). The Award is subject to the terms and conditions set forth on this page and in Attachment A hereto (collectively, this “Agreement”), as well as those in the Company’s 2017 Equity and Incentive Compensation Plan (the “Plan”), which is incorporated herein.

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