Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 69

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 69
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 the COC Agreements; and • outplacement benefits. If the executive’s employment is terminated during the protected period following a Change of Control due to death or “Disability” (as defined in the COC Agreements), the executive would not be entitled to the benefits described in the immediately preceding bullets, except for the Prorated Cash Incentive. Additionally, in the event of the executive’s termination due to death or Disability during the protected period, the executive (or executive’s estate in the event of executive’s death) is also entitled to any death or disability benefits, as applicable, equal to those provided prior to a Change of Control or, if more favorable, those in effect on the date of the executive’s death or Disability. If an executive’s merger related payments or benefits are subject to the 20% excise tax under Section 4999 of the Code, then the COC Agreements provide that the executive will either receive all such payments and benefits subject to the excise tax and pay his or her own excise tax, or such payments and benefits will be reduced so that the excise tax does not apply, whichever approach yields the best after tax outcome for the executive. The COC Agreements do not provide for an excise tax gross up. The COC Agreements also contain restrictive covenants, which provide for (1) a perpetual confidentiality and mutual non- disparagement and (2) restrictions on interfering with customers and colleagues for six months following any termination of employment.

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| Name                | Total SalaryContinuationBenefit(1) | Medical, Dental,Life InsuranceBenefits for theDuration ofPayments(2) | Retirement PlanContributions,Including theRAP, 401(k) andSERP | AnnualIncentive(MIP)(1) | OutplacementBenefit(3) | Total Value ofShares ofRestricted Stockand RestrictedStock Units(4) | Total Valueof Options(5) |       Total |
| Andrew J.Harmening  |                         $3,210,000 |                                                              $70,908 |                                                      $157,656 |              $4,815,000 |                 $7,650 |                                                          $8,251,936 |                       $0 | $16,513,150 |
| Derek S. Meyer      |                         $1,100,000 |                                                              $50,751 |                                                       $72,352 |                $880,000 |                 $7,650 |                                                          $2,223,178 |                       $0 |