Document:

EX-4.1

 Exhibit 4.1 

CHASE ISSUANCE TRUST 

as Issuing Entity 
  

CLASS A(2016-7) TERMS DOCUMENT 

dated as of September 13, 2016 

to 
 SECOND AMENDED AND
RESTATED 
 CHASESERIES INDENTURE SUPPLEMENT 

dated as of January 20, 2016 

to 
 FOURTH AMENDED AND
RESTATED 
 INDENTURE 

dated as of January 20, 2016 

WELLS FARGO BANK, NATIONAL ASSOCIATION 

as Indenture Trustee and Collateral Agent

 TABLE OF CONTENTS 
  

							
	 	  	 	  	PAGE	 
		
	ARTICLE I	  			
		
	Definitions and Other Provisions of General Application	  			
			
	 Section 1.01
	  	Definitions	  	 	1	  
	 Section 1.02
	  	Governing Law	  	 	3	  
	 Section 1.03
	  	Counterparts	  	 	4	  
	 Section 1.04
	  	Ratification of Indenture and Indenture Supplement	  	 	4	  
		
	ARTICLE II	  			
		
	The Class A(2016-7) Notes	  			
			
	 Section 2.01
	  	Creation and Designation	  	 	5	  
	 Section 2.02
	  	Specification of Required Subordinated Amount and Other Terms	  	 	5	  
	 Section 2.03
	  	Interest Payment	  	 	5	  
	 Section 2.04
	  	Payments of Interest and Principal	  	 	6	  
	 Section 2.05
	  	Form of Delivery of Class A(2016-7) Notes; Depository; Denominations	  	 	6	  
	 Section 2.06
	  	Delivery and Payment for the Class A(2016-7) Notes	  	 	6	  
	 Section 2.07
	  	Supplemental Indenture	  	 	7	  
	 Section 2.08
	  	No Ratings Confirmation Required for Class A(2016-7) Notes	  	 	7	  
		
	ARTICLE III	  			
		
	Miscellaneous Provision	  			
			
	 Section 3.01
	  	Section 3.12(b)(ii) of the Indenture Supplement	  	 	7	  

 THIS CLASS A(2016-7) TERMS DOCUMENT (this “Terms Document”), among the
CHASE ISSUANCE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuing Entity”), having its principal office at c/o Wilmington Trust Company, 1100 North Market Street, Wilmington, Delaware 19890-1600, and
WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”) and as collateral agent (the “Collateral Agent”), is made and entered into as of September 13, 2016. 

Pursuant to this Terms Document, the Issuing Entity and the Indenture Trustee shall create a new Tranche of CHASEseries Class
A Notes and shall specify the principal terms thereof. 
 ARTICLE I 

Definitions and Other Provisions of General Application 

Section 1.01    Definitions. For all purposes of this Terms Document, except as otherwise
expressly provided or unless the context otherwise requires: 
 (1)       the terms
defined in this Article have the meanings assigned to them in this Article, and include the plural as well as the singular; 

(2)       all other terms used herein which are defined in the Indenture Supplement, the
Indenture or the Asset Pool Supplement, either directly or by reference therein, have the meanings assigned to them therein; 

(3)       as used in this Terms Document and in any certificate or other document made or
delivered pursuant hereto or thereto, accounting terms not defined in this Terms Document or in any such certificate or other document, and accounting terms partly defined in this Terms Document or in any such certificate or other document to the
extent not defined, shall have the respective meanings given to them under GAAP. To the extent that the definitions of accounting terms in this Terms Document or in any such certificate or other document are inconsistent with the meanings of
such terms under GAAP, the definitions contained in this Terms Document or in any such certificate or other document shall control; 

(4)       the words “hereof,” “herein,” “hereunder” and
words of similar import when used in this Terms Document shall refer to this Terms Document as a whole and not to any particular provision of this Terms Document; references to any subsection, Section, clause, Schedule or Exhibit are references to
subsections, Sections, clauses, Schedules and Exhibits in or to this Terms Document unless otherwise specified; the term “including” means “including without limitation”; references to any law or regulation refer to that law or
regulation as amended from time to time and include any successor law or regulation; references to any Person include that Person’s successors and assigns; and references to any agreement refer to such agreement, as amended, supplemented or
otherwise modified from time to time; 
 (5)       in the event that any term or
provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Indenture Supplement, the 

 
Indenture or the Asset Pool Supplement, the terms and provisions of this Terms Document shall be controlling; and 

(6)       each capitalized term defined herein shall relate only to the Class A(2016-7) Notes and no other Tranche of CHASEseries Notes issued by the Issuing Entity. 

“Accumulation Commencement Date” means November 1, 2016; provided, however, that, if the Accumulation Period
Length for the Class A(2016-7) Notes is less than ten (10) whole calendar months, the Accumulation Commencement Date will be the first calendar day of the month that is the number of whole calendar months prior to the Scheduled Principal Payment
Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods during the period from the Accumulation Commencement Date to and including the Monthly Period prior to the Scheduled Principal Payment Date will at
least equal the Accumulation Period Length 
 “Asset Pool Supplement” means the Third Amended and Restated
Asset Pool One Supplement to the Indenture, dated as of January 20, 2016, as amended, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 

“Beneficiary” means Chase Card Funding LLC, in its capacity as beneficial owner of the Issuing Entity. 

“Class A(2016-7) Adverse Event” means the occurrence of any of the following: (a) an Early Amortization
Event with respect to the Class A(2016-7) Notes, (b) an Event of Default and acceleration of the Class A(2016-7) Notes, (c) the Class A Usage of the Class B Required Subordinated Amount for the Class A(2016-7) Notes becomes greater than
zero or (d) the Class A Usage of the Class C Required Subordinated Amount for the Class A(2016-7) Notes becomes greater than zero. 

“Class A(2016-7) Note” means any Note, substantially in the form set forth in Exhibit A-1 to the Indenture
Supplement, designated therein as a Class A(2016-7) Note and duly executed and authenticated in accordance with the Indenture. 

“Class A(2016-7) Noteholder” means a Person in whose name a Class A(2016-7) Note is registered in the Note
Register. 
 “Class A(2016-7) Termination Date” means the earliest to occur of (a) the Principal Payment
Date on which the Outstanding Dollar Principal Amount of the Class A(2016-7) Notes is paid in full, (b) the Legal Maturity Date and (c) the date on which the Indenture is discharged and satisfied pursuant to Article V thereof. 

“Class A Required Subordinated Amount of Class B Notes” is defined in Section 2.02(a). 

“Class A Required Subordinated Amount of Class C Notes” is defined in Section 2.02(b). 

  
 2 

 “Controlled Accumulation Amount” means $110,000,000.00;
provided, however, if the Accumulation Period Length is determined to be less than ten (10) months pursuant to Section 3.12(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount for any Note Transfer Date with respect to the Class
A(2016-7) Notes will be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement. 

“Indenture” means the Fourth Amended and Restated Indenture, dated as of January 20, 2016, as amended,
between the Issuing Entity and the Indenture Trustee. 
 “Indenture Supplement” means the Second Amended
and Restated CHASEseries Indenture Supplement, dated as of January 20, 2016, among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 

“Initial Dollar Principal Amount” means $1,100,000,000. 

“Interest Payment Date” means October 17, 2016 and the 15th day of each month thereafter, or if such 15th
day is not a Business Day, the next succeeding Business Day. 
 “Interest Period” means, with respect to
any Interest Payment Date, the period from and including the previous Interest Payment Date (or in the case of the initial Interest Payment Date, from and including the Issuance Date) to but excluding such Interest Payment Date. 

“Issuance Date” means September 13, 2016. 

“Legal Maturity Date” means September 16, 2019. 

“Note Interest Rate” means a rate per annum equal to 1.06%. 

“Paying Agent” means Wells Fargo Bank, National Association. 

“Predecessor Note” means, with respect to any particular Note, every previous Note evidencing all or a
portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 3.06 of the Indenture in lieu of a mutilated, lost, destroyed or stolen Note shall be
deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note. 
 “Record Date” means,
for any Note Transfer Date, the last Business Day of the preceding Monthly Period. 
 “Scheduled Principal Payment
Date” means September 15, 2017. 
 “Stated Principal Amount” means $1,100,000,000. 

Section 1.02    Governing Law.      THIS TERMS DOCUMENT WILL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE 

  
 3 

 
PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

Section 1.03    Counterparts.    This Terms Document may be executed in any
number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument. 

Section 1.04    Ratification of Indenture and Indenture
Supplement.        As supplemented by this Terms Document, each of the Indenture, the Asset Pool Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so
supplemented by the Asset Pool Supplement and the Indenture Supplement as so supplemented by this Terms Document shall be read, taken and construed as one and the same instrument. 

[END OF ARTICLE I] 

  
 4 

 ARTICLE II 

The Class A(2016-7) Notes 

Section 2.01    Creation and Designation.   There is hereby created a Tranche of
CHASEseries Class A Notes to be issued pursuant to the Indenture and the Indenture Supplement to be known as the “CHASEseries Class A(2016-7) Notes.” 

Section 2.02    Specification of Required Subordinated Amount and Other Terms. 

(a)     For the Class A(2016-7) Notes for any date of determination, the Class A Required
Subordinated Amount of Class B Notes will be an amount equal to 8.13953% of (i) prior to the occurrence of a Class A(2016-7) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes on such date of
determination or (ii) on and after the date on which a Class A(2016-7) Adverse Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes on such date of determination and (2) the
Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes as of the close of business on the day immediately preceding the date on which such Class A(2016-7) Adverse Event shall have occurred. 

(b)     For the Class A(2016-7) Notes for any date of determination, the Class A Required
Subordinated Amount of Class C Notes will be an amount equal to 8.13953% of (i) prior to the occurrence of a Class A(2016-7) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes on such date or (ii) on
and after the date on which a Class A(2016-7) Adverse Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes on such date of
determination and (2) Adjusted Outstanding Dollar Principal Amount of the Class A(2016-7) Notes as of the close of business on the day immediately preceding the date on which such Class A(2016-7) Adverse Event shall have occurred. 

(c)     The Issuing Entity may change the percentages or the formulas set forth in either clause (a)
or (b) above without the consent of any Noteholder so long as the Issuing Entity has (i) received written confirmation from each Note Rating Agency that has rated any Outstanding Notes that the change in either of such percentages or formulas, as
applicable, will not result in a Ratings Effect with respect to any Outstanding Notes and (ii) delivered to the Indenture Trustee and the Note Rating Agencies a Master Trust Tax Opinion and an Issuing Entity Tax Opinion. 

Section 2.03    Interest Payment. 

(a)     For each Interest Payment Date, the amount of interest due with respect to the
Class A(2016-7) Notes shall be an amount equal to one-twelfth of the product of (i) the Note Interest Rate, times, (ii) the Outstanding Dollar Principal Amount of the Class A(2016-7) Notes determined as of the close of business on the Interest
Payment Date preceding the related Note Transfer Date for the Class A(2016-7) Notes; provided, however, that for the first Interest Payment Date, the amount of interest due with respect to the Class A(2016-7) Notes

  
 5 

 
shall be $1,036,444.44. Interest on the Class A(2016-7) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months. 

(b)     Pursuant to Section 3.03 of the Indenture Supplement, on each Note Transfer Date with
respect to the Class A(2016-7) Notes, the Indenture Trustee shall deposit into the Class A(2016-7) Interest Funding Sub-Account the portion of CHASEseries Available Finance Charge Collections allocable to the Class A(2016-7) Notes. 

Section 2.04    Payments of Interest and Principal. 

(a)     Any installment of interest or principal payable on any Class A(2016-7) Note which is
punctually paid or duly provided for by the Issuing Entity and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Class A(2016-7) Note (or one or
more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the
close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as it appears on the Note Register on such Record
Date, except that with respect to Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee. 

(b)     The right of the Class A(2016-7) Noteholders to receive payments from the Issuing Entity
will terminate on the first Business Day following the Class A(2016-7) Termination Date. 
 Section
2.05    Form of Delivery of Class A(2016-7) Notes; Depository; Denominations. 

(a)     The Class A(2016-7) Notes shall be delivered in the form of a global Registered Note as
provided in Sections 2.02 and 3.01(i) of the Indenture, respectively. 
 (b)     The Depository
for the Class A(2016-7) Notes shall be The Depository Trust Company, and the Class A(2016-7) Notes shall initially be registered in the name of Cede & Co., its nominee. 

(c)     The Class A(2016-7) Notes will be issued in minimum denominations of $100,000 and integral
multiples of $1,000 in excess of $100,000. 
 Section 2.06    Delivery and Payment for the Class
A(2016-7) Notes. 
 The Issuing Entity shall execute and deliver the Class A(2016-7) Notes to the Indenture Trustee for
authentication, and the Indenture Trustee shall deliver the Class A(2016-7) Notes when authenticated, each in accordance with Section 3.03 of the Indenture. 

  
 6 

 Section 2.07    Supplemental Indenture. 

The Issuing Entity may enter into a supplemental indenture with respect to the Class A(2016-7) Notes as provided in Section
9.01 of the Indenture; provided, however, that any supplemental indenture which provides for an additional or alternative form of credit enhancement for the Class A(2016-7) Notes shall, in addition to the requirements set forth in Section 9.01 of
the Indenture, require confirmation from the Note Rating Agencies that have rated any Outstanding Notes of the CHASEseries that such change in credit enhancement will not result in a Ratings Effect with respect to any Outstanding Notes of the
CHASEseries. 
 Section 2.08    No Ratings Confirmation Required for Class A(2016-7) Notes. 

Notwithstanding Section 3.10(a)(iv) of the Indenture, the Issuing Entity will not be required to obtain written confirmation
from each Note Rating Agency that an issuance of a new Tranche of Notes will not have a Ratings Effect on the Class A(2016-7) Notes. 
 [END
OF ARTICLE II] 
 ARTICLE III 

Miscellaneous Provision 

Section 3.01    Section 3.12(b)(ii) of the Indenture Supplement. 

Notwithstanding anything to the contrary contained in Section 3.12(b)(ii) of the Indenture Supplement, with respect to the
Class A(2016-7) Notes, any reference in Section 3.12(b)(ii) of the Indenture Supplement to “twelve (12) whole calendar months” shall be changed to “ten (10) whole calendar months”. 

[END OF ARTICLE III] 

  
 7 

 IN WITNESS WHEREOF, the parties hereto have caused this Terms Document to be
duly executed, all as of the day and year first above written. 
  

							
	CHASE ISSUANCE TRUST	 	
			
	By:	 	 CHASE BANK USA, NATIONAL

  ASSOCIATION, as Administrator
	 	
			
	By:	 	  
	 	
		 	Name:	 	Todd S. Lehner	 	
		 	Title:	 	Managing Director	 	
		
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee and Collateral Agent	 	
			
	By:	 	  
	 	
		 	Name:	 	Cheryl C. Zimmerman	 	
		 	Title:	 	Vice President	 	

  
 Chase Issuance Trust

 CHASEseries Class A(2016-7) Terms DocumentExhibit

EXHIBIT 10.4
RESTRICTED STOCK UNIT AWARD AGREEMENT
CONN’S, INC.
2016 OMNIBUS INCENTIVE PLAN
THIS RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made by and between CONN’S, INC., a Delaware corporation (the “Company”), and [___________] (“Recipient”) as of [____________], pursuant to the Company’s 2016 Omnibus Incentive Plan (the “Plan”), which is incorporated by reference herein in its entirety.
RECITALS
The Committee, acting on behalf of the Company, wishes to grant Recipient the number of Restricted Stock Units (“RSUs”) set forth in Exhibit “A”, on the terms and subject to the conditions set forth in Exhibit “A”, below and in the Plan.
Capitalized terms used in this Agreement and not otherwise defined in this Agreement will have the meaning assigned to them in the Plan.
AGREEMENT
It is hereby agreed as follows:
1.Award of Restricted Stock Units.  The Company hereby grants to Recipient, subject to the terms and conditions set forth in the Plan and in this Agreement, the number of RSUs, effective as of [_____________] (the “Date of Grant”).  Each RSU represents the unfunded, unsecured right to receive one share of the Company’s $0.01 par value common stock, subject to the terms and conditions set forth in the Plan, in Exhibit “A” and in this Agreement.  The shares of stock that are issuable upon vesting of the RSUs granted to Recipient pursuant to this Agreement are referred to in this Agreement as the “Shares”.
2.    Vesting.
2.1    Except as otherwise provided in the Plan or in Section 2.2, the RSUs will vest as described in Exhibit “A”.
2.2    In addition to the vesting provisions contained in Section 2.1 above, the RSUs will automatically and immediately vest in full if Recipient’s employment with the Company is terminated within a period of  [_____________] following a Change in Control (i) by the Company for a reason other than Cause, as defined in the Plan, or (ii) by Recipient for Good Reason, as defined below.

	
			
	 
	 
	 

2.3    For purposes of this Agreement, “Good Reason” shall have the meaning, and be subject to the terms and conditions, as set forth in the severance agreement between the Company and the Recipient or the severance plan in which the Recipient is eligible to participate, as applicable.
3.    Delivery upon Vesting.  
3.1    Subject to Section 3.3, within thirty (30) days following vesting of an RSU, the Company or, at the Company’s instruction, its authorized representative, will deliver to Recipient the underlying Share.  Unless otherwise determined by the Committee, delivery of Shares pursuant to this Agreement may be accomplished in any manner that the Company or its authorized representatives deem appropriate including, without limitation, electronic registration, book-entry registration or issuance of a stock certificate or certificates in the name of Recipient.  
3.2    The delivery of Shares is net shares after any applicable withholding taxes in accordance with Section 12 of the Plan.
3.3    This Agreement is intended to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and shall be interpreted and construed consistently with such intent.  In the event the terms of this Agreement would subject Recipient to taxes or penalties under Section 409A of the Code (“409A Penalties”), the Company and Recipient shall cooperate diligently to amend the terms of the Agreement to avoid such 409A Penalties, to the extent possible; provided that in no event shall the Company be responsible for any 409A Penalties that arise in connection with any amounts payable under this Agreement.  To the extent any amounts under this Agreement are payable by reference to Recipient’s “termination of employment,” such term shall be deemed to refer to Recipient’s “separation from service,” within the meaning of Section 409A of the Code.  Notwithstanding any other provision in this Agreement, if Recipient is a “specified employee,” as defined in Section 409A of the Code, as of the date of Recipient’s separation from service, then to the extent any amount payable under this Agreement (i) constitutes the payment of nonqualified deferred compensation, within the meaning of Section 409A of the Code, (ii) is payable upon Recipient’s separation from service and (iii) under the terms of this Agreement would be payable prior to the six-month anniversary of Recipient’s separation from service, such payment shall be delayed until the earlier to occur of (a) the six-month anniversary of the separation from service or (b) the date of Recipient’s death.
4.    Effect of Termination of Employment or Other Service.  If Recipient’s employment or other service with the Company terminates, the effect of the termination on Recipient’s RSUs under this Agreement will be as set forth in Section 11 of the Plan.  
5.    Restrictions on Transfer of RSUs.  The RSUs will not be transferable, either voluntarily or by operation of law, except as provided in Section 14.3 of the Plan.
6.    Rights as a Stockholder.  Except as set forth in the Plan, neither Recipient nor any person claiming under or through Recipient shall be, or have any of the rights or privileges of, a 

	
			
	 
	2
	 

stockholder of the Company in respect of a Share issuable pursuant to this Award unless and until such Share shall have been delivered.  
7.    No Right to Employment.  Nothing contained in this Agreement obligates the Company to employ or have another relationship with Recipient for any period or interfere in any way with the right of the Company to reduce Recipient’s compensation or to terminate the employment of or relationship with Recipient at any time.
8.    Clawback.  The RSUs and any cash payment or Shares delivered pursuant to this Agreement are subject to forfeiture, recovery by the Company or other action pursuant to any clawback or recoupment policy which the Company may adopt from time to time, including without limitation any such policy which the Company may be required to adopt under the Dodd-Frank Wall Street Reform and Consumer Protection Act and implementing rules and regulations thereunder, or as otherwise required by law.
9.    Miscellaneous.
9.1    Binding Effect, Successors.  This Agreement shall bind and inure to the benefit of the successors, assigns, transferees, agents, personal representatives, heirs and legatees of the respective parties.
9.2    Further Acts.  Each party will perform any further acts and execute and deliver any documents which may be necessary to carry out the provisions of this Agreement and to comply with applicable law.
9.3    Amendment.  This Agreement may be amended at any time by the written agreement of the Company and Recipient.
9.4    Choice of Law and Severability.  This Agreement shall be construed, enforced and governed by the laws of the State of Delaware.  The invalidity of any provision of this Agreement will not affect any other provision of this Agreement, which will remain in full force and effect.
9.5    Notices.  All notices and demands to Recipient or the Company may be given to them at the following addresses:
		
	If to Recipient:
	____________________________________

                            
                            
Electronic Mail:                 

		
	If to Company:
	Conn’s, Inc.

Attn: Office of General Counsel 
4055 Technology Forest Blvd., Ste. 210
The Woodlands, TX 77381
Electronic Mail: generalcounsel@conns.com 

	
			
	 
	3
	 

The parties may designate in writing from time to time such other place or places that notices and demands may be given.
9.6    Entire Agreement.  This Agreement, as governed by and interpreted in accordance with the Plan, and the Plan constitute the entire agreement between the parties hereto pertaining to the subject matter hereof, this Agreement supersedes all prior and contemporaneous agreements and understandings of the parties, and there are no warranties, representations or other agreements between the parties in connection with the subject matter hereof except as set forth or referred to herein.  No supplement, modification or waiver or termination of this Agreement shall be binding unless executed in writing by the party to be bound thereby.  No waiver of any of the provisions of this Agreement shall constitute a waiver of any other provision hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.
9.7    Grant Subject to Terms of Plan and this Agreement.  Recipient acknowledges and agrees that the grant of the RSUs is made pursuant to and governed by the terms of the Plan and this Agreement.  Recipient, by execution of this Agreement, acknowledges having received a copy of the Plan.  The provisions of this Agreement will be interpreted as to be consistent with the Plan, and any ambiguities in this Agreement will be interpreted by reference to the Plan.  In the case of a conflict between the terms of the Plan and this Agreement, the terms of the Plan will control.

[Signature Page Follows]

	
			
	 
	4
	 

IN WITNESS WHEREOF, the parties have entered into this Agreement as of the date first set forth above.
CONN’S, INC.,
a Delaware corporation
By: ______________________________________
Name: ____________________________________
Title: _____________________________________

RECIPIENT
__________________________________________
     

	
			
	 
	5
	 

EXHIBIT “A”

[NAME]

Restricted Stock Units (“RSUs”)

Awarded by the Compensation Committee effective [DATE]

BASE GRANT:

Subject to the terms of the Agreement to which this Exhibit “A” is attached, RSUs will vest in four equal installments over a four-year period, the first installment vesting on [_____________], and on each [_____________] thereafter through [_____________] when the final installment shall vest. The total RSUs granted under the Base Grant are [_____________].

PERFORMANCE GRANT:

Subject to the terms of the Agreement to which this Exhibit “A” is attached, RSUs are granted in amounts to be determined by the Return on Invested Capital (“ROIC”) achieved by the Company over the twenty-four month period ending [_______________], based upon the audited financial statements. The number of RSUs granted will be determined as follows:

		
	•
	If ROIC achieved is equal to [__]: [____] RSUs will be issued (“Target”).

		
	•
	If ROIC achieved is equal to [__]: [____] RSUs will be issued (“Threshold”).

		
	•
	If ROIC achieved is equal to [__]: [____] RSUs will be issued (“Maximum”).

		
	•
	In the event the ROIC achieved falls between the Threshold and the Maximum, but not specifically equal to the predetermined rates of ROIC detailed above, the RSUs issued will be prorated between the respective ROIC specified percentages.

		
	•
	In the event the Threshold is not attained, no RSUs will be deemed to have been issued under the Performance Grant.

		
	•
	In the event the Maximum is exceeded, the RSUs deemed to have been issued will be those for the Maximum.

Subject to the achievement of these set performance goals of the Company measured by ROIC, the deemed issued RSUs, if any, will vest 0% at [______________], 50% at [___________], 25% at [_____________] and 25% at [______________].

In the event of a Change in Control prior to [______________], Target Level achievement will be assumed, and shares shall be issued based thereon.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00262-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00262-of-00352.parquet"}]]