2005 Cash Compensation Plan for Non-Management Directors of Associated Banc-Corp
This document outlines the 2005 cash compensation plan for non-management directors of Associated Banc-Corp. As of January 1, 2005, directors receive an annual retainer of $20,000, $1,500 for each board meeting attended, and $1,000 for each committee meeting attended. Committee chairmen receive an additional $5,000 annual retainer, and the Chairman of the Board receives an extra $100,000. Additionally, a $35,000 common stock contribution is made to the Directors’ Deferred Compensation Plan. The plan specifies the payment structure and benefits for board service during 2005.
EXHIBIT (10)(o)
2005 CASH COMPENSATION FOR NON-MANAGEMENT DIRECTORS OF THE
REGISTRANT
As of January 1, 2005, the 2005 Board fees include an annual retainer of $20,000 and a meeting fee of $1,500 for each board meeting attended. The directors also receive $1,000 for each committee meeting attended, with an additional annual retainer of $5,000 to the committee chairman. The Chairman of the Board receives an additional $100,000 retainer. The common stock contribution to the Associated Banc-Corp Director’s Deferred Compensation Plan will be $35,000 for 2005.
