Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 108

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 108
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 the Committee shall determine. The Committee may impose such restrictions on any Restricted Stock

Award as it deems appropriate, including time-based restrictions, restrictions based upon the achievement of specific

Performance Goals, restrictions based on the occurrence of a specified event, restrictions under applicable laws or pursuant to a

regulatory entity with authority over the Company or a Subsidiary, and/or a combination of any of the above.

6.3. Consideration for Restricted Stock Award . The Committee may require payment by the Grantee of a specified

purchase price in connection with any Restricted Stock Award.

6.4. Vesting . Shares subject to a Restricted Stock Award shall become vested and transferable as specified in the

applicable Award Agreement and in accordance with Section 5.3(d). For purposes of calculating the number of Restricted

Stock Award Shares that become vested and transferable, Share amounts shall be rounded down to the nearest whole Share

amount, unless otherwise specified in the applicable Award Agreement.

6.5. Effect of Forfeiture . If a Restricted Stock Award is forfeited, and if the Grantee was required to pay for such

Restricted Stock Award Shares or acquired such Shares upon the exercise of an Option, the Grantee shall be deemed to have

resold such Restricted Stock Award Shares to the Company at a price equal to the lesser of (a) the amount paid by the Grantee

for such Restricted Stock Award or the Exercise Price, as applicable, and (b) the Fair Market Value of a Share on the date of

such forfeiture. The Company shall pay to the Grantee the deemed sale price as soon as administratively practical. Such

Restricted Stock Award shall cease to be outstanding and shall no longer confer on the Grantee thereof any rights as a

shareholder of the Company, from and after the date of the event causing the forfeiture, whether or not the Grantee accepts the

Company’s tender of payment for such Restricted Stock Award.

6.6 Escrow; Legends . The Committee shall cause Grantee’s Restricted Stock Award Shares to be evidenced by a

restricted book entry account with the Company’s transfer agent. If any Restricted Stock Award Shares become nonforfeitable

or vested and transferable, the Company shall cause certificates for such Shares to be delivered without such legend or shall

cause a release of restrictions on a book entry account maintained by the Company’s transfer agent.

6.7. Shareholder Rights in Restricted Stock Awards . Restricted Stock Award Shares, whether held by a Grantee or in