Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 104

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 104
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 the Company or a Subsidiary without Cause

or a Termination of Service, which is voluntary on the part of the Grantee (and not due to such Grantee’s death,

Disability, Early Retirement or Normal Retirement), the Options and SARs may thereafter be exercised, to the extent

they were vested and exercisable at the time of such Termination of Service, for a period of sixty (60) days from the

date of such Termination of Service (but not beyond the original Term). To the extent the Options or SARs are not

exercised at the end of such sixty (60) day period, the Options or SARs shall be immediately cancelled and forfeited to

the Company. To the extent the Options and SARs are not vested and exercisable on the date of such Termination of

Service, they shall be immediately cancelled and forfeited to the Company.

(iv) If the Grantee incurs a Termination of Service for Cause all Options and SARs shall be immediately

canceled and forfeited to the Company.

(b) Restricted Stock Awards . Except as otherwise provided in an Award Agreement:

(i) If Termination of Service occurs by reason of the Grantee’s death, Disability, Early Retirement or

Normal Retirement, such Grantee’s Restricted Stock Award shall become immediately vested and no longer subject to

the applicable restrictions.

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(ii) If Termination of Service occurs for any reason other than the Grantee’s death, Disability, Early

Retirement or Normal Retirement while the Grantee’s Restricted Stock Award is subject to a restriction(s), all of such

Grantee’s Restricted Stock Award that is unvested or still subject to restrictions shall be forfeited by the Grantee.

(c) Dividend Equivalent Units . If Dividend Equivalent Units have been credited with respect to any Award and

such Award (in whole or in part) is forfeited, all Dividend Equivalent Units issued in connection with such forfeited Award (or

portion of an Award) shall also be forfeited to the Company. For the avoidance of doubt, no Dividend Equivalent Units will be

paid with respect to any Options or SARs.

(d) Minimum Vesting . Except as otherwise provided pursuant to this Section 5.3 and Section 10, (i) in the case

of any Award that is conditioned upon the attainment of specified Performance Goals by the Grantee with the Company or a

Subsidiary (including a division or business unit of the Company