FORM OF DIRECTOR PRORATED STOCK AGREEMENT UNDER THE NORTHERN TRUST CORPORATION 2012 STOCK PLANStock Agreement • April 30th, 2012 • Northern Trust Corp • State commercial banks • Delaware
The Northern Trust Corporation 2012 Stock Plan (“Plan”) provides in Section 10 of the Plan for the awarding of stock units (“Stock Units”) to participants, who may include directors of Northern who are not employees of the Corporation or its Subsidiaries (collectively, the “Corporation”), as approved by the Compensation and Benefits Committee (“Committee”) of the Board of Directors of Northern. Capitalized terms not defined in this Agreement shall have the meanings assigned to them in the Plan.
FORM OF DIRECTOR STOCK UNIT AGREEMENT UNDER THE NORTHERN TRUST CORPORATION 2012 STOCK PLANDirector Stock Unit Agreement • April 30th, 2012 • Northern Trust Corp • State commercial banks • Delaware
The Northern Trust Corporation 2012 Stock Plan (“Plan”) provides in Section 10 of the Plan for the awarding of stock units (“Stock Units”) to participants, who may include directors of Northern who are not employees of the Corporation or its Subsidiaries (collectively, the “Corporation”), as approved by the Compensation and Benefits Committee (“Committee”) of the Board of Directors of Northern. Capitalized terms not defined in this Agreement shall have the meanings assigned to them in the Plan.
