Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 101

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 101
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 number of Shares that may be issued under the Plan in this Section 4.1 shall not be affected by

(i) the cash payment of dividends or Dividend Equivalent Units in connection with outstanding Awards; or (ii) any Shares

required to satisfy Substitute Awards. No Non-Employee Director of the Company may be granted Restricted Stock Awards or

Restricted Stock Units with respect to a number of Shares with an aggregate Fair Market Value on the Grant Date exceeding

$500,000 during any year.

4.2. Adjustments in Authorized Shares and Awards .

(a) In the event that the Committee determines that any dividend or other distribution (whether in the form of

cash, Shares, or other securities or property), stock split or combination, forward or reverse merger, reorganization, subdivision,

consolidation or reduction of capital, recapitalization, consolidation, scheme of arrangement, split‑up, spin‑off or combination

involving the Company or repurchase or exchange of Shares, issuance of warrants or other rights to purchase Shares or other

securities of the Company, or other similar corporate transaction or event affects the Shares such that an adjustment is

determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits

intended to be made available under the Plan, then the Committee shall, in such manner as it may deem equitable, adjust any or

all of: (i) the number and type of Shares (or other securities or property) with respect to which Awards may be granted, (ii) the

number and type of Shares (or other securities or property) subject to outstanding Awards, (iii) the grant or Exercise Price with

respect to any Award or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding Award, (iv)

the number and kind of Shares of outstanding Restricted Stock Awards or relating to any other outstanding Award in

connection with which Shares are subject, and (v) the number of Shares with respect to which Awards may be granted to a

Grantee; provided , however , in each case, that with respect to Awards of Incentive Stock Options intended to continue to

qualify as Incentive Stock Options after such adjustment, no such adjustment shall be authorized to the extent that such

adjustment would cause the Incentive Stock Option to fail to continue to qualify under Code Section 422; and provided further

that the number of Shares subject to any Award denominated in Shares shall always be a