Form of Stock Option Award Agreement under the ADTRAN, Inc. 2010 Directors Stock Plan

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EX-10.3(K) 4 adtn-ex103k_895.htm EX-10.3(K) adtn-ex103k_895.htm

 

Exhibit 10.3(k)

 

[Insert date]

  

[Insert name]

[Insert address]

 

Dear [Insert Name]:

I am pleased to inform you that you have been granted an award of [Insert number of stock options] stock options at an exercise price of $[Insert price] pursuant to the ADTRAN, Inc. 2010 Directors Stock Plan (the “Plan”).  The award is subject to the terms of the Plan and a related award agreement, both of which can be found on the Plan’s online portal, Morgan Stanley StockPlan Connect (https://www.stockplanconnect.com/).

In order to confirm your award, please visit the portal and follow the relevant instructions to acknowledge and accept it.  If you have any questions, please contact Gayle Ellis at ###-###-#### or ***@***.

  

ADTRAN, INC.                                              

/s/ Thomas R. Stanton

Thomas R. Stanton                                        

Chairman of the Board and Chief Executive Officer