Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 111

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 111
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 Settlement Date shall either be forfeited or distributed in cash

in an amount equal to the Fair Market Value of a Share as of the Settlement Date multiplied by the remaining fractional

Restricted Stock Unit, as determined by the Committee.

(b) Settlement Date . Unless otherwise provided in an Award Agreement, the Settlement Date for all Restricted

Stock Units shall be as soon as administratively practical following when restrictions applicable to an Award of Restricted

Stock Units have lapsed, but in no event shall such Settlement Date be later than March 15 of the year following the year in

which the restrictions applicable to an Award of Restricted Stock Units have lapsed. Notwithstanding the foregoing, for

Restricted Stock Units which are Deferred Compensation Awards, if the settlement of such Restricted Stock Units is payable to

a “specified employee” (within the meaning of Treasury Regulation Section 1.409A-1(i)), then the Settlement Date, to the

extent the restrictions have lapsed due to the Grantee’s Termination of Service, shall not be before the date that is six (6)

months after the date of such Termination of Service (or, if earlier, such Grantee’s death). Unless otherwise provided in an

Award Agreement (e.g., with respect to Early Retirement or Normal Retirement), in the event of a Grantee’s Termination of

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Service prior to the lapse of such restrictions, such Grantee’s Restricted Stock Units shall be immediately cancelled and

forfeited to the Company.

**Section 8.

Stock Options**

8.1. Grant of Options . Subject to and consistent with the provisions of the Plan, the Committee is authorized to grant

Options to Eligible Persons in such number, upon such terms, and at such times and from time to time as the Committee

determines in its sole discretion.

8.2. Award Agreement . Each Option grant shall be evidenced by an Award Agreement in such form as the Committee

may approve that shall specify the Grant Date, the Exercise Price, the Term (which shall be ten (10) years from its Grant Date

unless the Committee otherwise specifies a shorter period in the Award Agreement), the number of Shares to which the Option

pertains, the time or times at which such Option shall be exercisable, whether the Option is subject to automatic exercise as

discussed in Section 8.6(c), and such other provisions (including restrictions) not inconsistent with the provisions of the Plan as

the Committee shall determine.

8.3. Exercise Price .