ALASKA COMMUNICATIONS SYSTEMS GROUP, INC.
RESTRICTED STOCK AGREEMENT
THIS RESTRICTED STOCK AGREEMENT (the “ Agreement ”), made this ___day of ___, 2007 ,
between ALASKA COMMUNICATIONS SYSTEMS GROUP, INC., a Delaware corporation (the “
Company ”), and ___(the “ Participant ”).
WHEREAS, the Company maintains the Alaska Communications Systems Group, Inc. 1999 Stock
Incentive Plan (the “ Plan ”) to attract and retain quality management and other personnel and provide its officers
and employees with incentives to achieve long-term corporate objectives;
WHEREAS , the Participant is an employee of the Company with responsibility for contributing to the
Company’s long-term corporate objectives;
WHEREAS, the Company’s Board of Directors has determined to grant Restricted Stock under the Plan to
the Participant on the terms and conditions set forth below.
NOW, THEREFORE, in consideration of the various covenants and agreements herein contained, and
intending to be legally bound hereby, the parties hereto agree as follows:
The Company hereby grants to Participant as of the date hereof a total of ___shares of restricted stock of the
Company (the “ Restricted Stock ”), subject to the terms, restrictions and other conditions of this Agreement and
the Plan. Any term used herein and not defined shall have the meaning given such term in the Plan.
Participant shall generally not have rights of a stockholder of the Company with respect to the Restricted
Stock prior to the lapse of restrictions. The following terms shall apply:
(a) Subject to subsection (c), restrictions on Restricted Stock will lapse and Restricted Stock will convert
automatically into the Company’s common stock, par value $0.01 in accordance with the vesting schedule
attached hereto as Appendix I.
(b) Until all restrictions lapse as provided in subsection (a), the Participant will not be eligible to