Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 96

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 96
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) Subject to Section 3.2, the Plan shall be administered by the Committee. The members of the Committee

shall be appointed by the Board from time to time and may be removed by the Board from time to time. To the extent the

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Board considers it desirable to comply with Rule 16b-3, the Committee shall consist of two or more directors of the Company,

all of whom are Non-Employee Directors. The number of members of the Committee shall from time to time be increased or

decreased, and shall be subject to such conditions, in each case if and to the extent the Board deems it appropriate to permit

transactions in Shares pursuant to the Plan, to satisfy such conditions of Rule 16b-3 as then in effect.

(b) Subject to Section 4.4(c), the Committee may delegate, to the fullest extent permitted under applicable law, to

appropriate officers of the Company any or all of the authority of the Committee with respect to the grant of Awards to

Grantees, other than Grantees who are executive officers, or are (or are expected to be) Section 16 Persons at the time any such

delegated authority is exercised.

3.2. Powers of the Committee . Subject to and consistent with the provisions of the Plan, the Committee shall have full

power, authority and sole discretion as follows:

(a) to determine when, to whom (i.e., what Eligible Persons) and in what types and amounts Awards should be

granted;

(b) to grant Awards to Eligible Persons in any number, and to determine the terms and conditions applicable to

each Award, including (in each case, based on such considerations as the Committee shall determine) conditions intended to

comply with Code Section 409A, the number of Shares or the amount of cash or other property to which an Award will relate,

any Exercise Price, grant price or purchase price, any limitation or restriction, any Performance Metrics or Performance Goals,

any schedule for or relating to the earning of the Award or the lapse of limitations, forfeiture restrictions, restrictive covenants,

restrictions on exercisability or transferability, and/or vesting based on the passage of time, satisfaction of Performance Goals,

or the occurrence of one or more events or conditions;

(c) to determine whether an Award will be subject to minimum vesting requirements under Section 5.3(d);

(d) to determine the benefit payable under any Award and to determine whether any performance