0001513162-23-000056 Sample Contracts

NUVERA COMMUNICATIONS INC. NEW ULM TELECOM, INC. 2017 OMNIBUS STOCK PLAN EMPLOYEE RESTRICTED STOCK UNIT AWARD AGREEMENT
Employee Restricted Stock Unit Award Agreement • April 5th, 2023 • Nuvera Communications, Inc. • Telephone communications (no radiotelephone)

Pursuant to Section 7.4 and 7.6 of the New Ulm Telecom, Inc. 2017 Omnibus Stock Plan (the "Plan"), the Board of Directors of Nuvera, Inc. (the "Company") hereby grants to the Participant Restricted Stock Units ("Units") in the common stock ("Shares") of the Company, subject to the terms and conditions set forth in this Restricted Stock Unit Award Agreement (“Agreement") and the Plan. Capitalized terms not defined in the Agreement have the meaning given these terms in the Plan.

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NUVERA COMMUNICATIONS, INC. NON-INCENTIVE STOCK OPTION AGREEMENT
Non-Incentive Stock Option Agreement • April 5th, 2023 • Nuvera Communications, Inc. • Telephone communications (no radiotelephone)

THIS AGREEMENT is made as of the Grant Date set forth above, by and between Nuvera Communications, Inc., a Minnesota corporation (the “Company”), and the individual named above (the “Participant”), who is an employee of the Company or any of its “Affiliates” as defined in the Plan (as defined below).

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