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VALMONT INDUSTRIES, INC.
RESTRICTED STOCK UNIT AGREEMENT
AGREEMENT entered into effective DATE ("Effective Date") by and between Valmont Industries, Inc., a Delaware
corporation ("Company") and, NAME an employee of the Company ("Employee").
1. Grant of Award.
(a) The Company hereby grants to the Employee, pursuant to and subject to the terms of the Valmont 2002 Stock Plan
("Plan"), xxx Restricted Stock units ("Units") of the Company (such number being subject to adjustment as provided in
Paragraph 8 hereof) on the terms and conditions set forth herein.
(b) Employee acknowledges receipt of a copy of the Plan, and agrees that this award of Units shall be subject to all of the
terms and conditions set forth in the Plan, including future amendments thereto, if any, pursuant to the terms thereof, which
Plan is incorporated herein by reference as part of this Agreement.
2. Restricted Stock Units. Each Unit awarded hereunder shall be the equivalent of one share of Company Stock,
provided; however, the Employee shall have no voting or similar rights with respect to the Units. The Employee shall be a
general, unsecured creditor of the Company with respect to the Company's obligations under this Agreement.
3. Vesting. The Units shall become nonforfeitable and fully vested on the date exactly three years from the Effective
Date ("Vesting Date") if the Employee remains in the continuous employment of the Company until the Vesting Date. In the
event of termination of the Employee's employment (voluntary or involuntary) prior to the Vesting Date, the Employee shall
forfeit all of the Units granted under this Agreement and the payment contemplated by Paragraph 4 hereof.
4. Dividends. During the Employee's employment with the Company, the Company shall accumulate a cash amount
equal to dividends in cash or property pai