Document

WHEREAS, the Participant is a Non-Employee Director of the Company and the Company desires to grant the Participant the Restricted Stock (as defined below) in recognition of the Participant’s service as a member of the Company’s Board of Directors and to align the Participant’s interests with those of the Company’s shareholders.

(b)Except as otherwise provided in Section 3, the restrictions on the Restricted Stock shall lapse, and the Restricted Stock shall vest and no longer be subject to forfeiture, as to the following cumulative percentages of the shares of Restricted Stock if, and only if, the Participant is then serving as a member of the Company’s Board of Directors on the applicable vesting date set forth below:

(a)If the Participant dies or becomes permanently disabled while serving as a member of the Board of Directors of the Company, or if the Participant’s service as a Director terminates by reason of the Participant’s retirement in accordance with the then-effective retirement plan or policy of the Company applicable to Directors or as otherwise determined by the Administrator under the Plan, provided that the Participant has given at least six (6) months’ advance written notice of such retirement, then the Restriction Period shall automatically terminate and all of the shares of the Restricted Stock shall be free of all restrictions imposed by Section 2.

4.Deposit of Restricted Shares. One or more certificates evidencing the shares of Restricted Stock shall be issued by the Company, or the Company shall make an appropriate book entry, in the Participant’s name. The Company shall cause any issued certificate(s) to be delivered to the Secretary of the Company (or his or her designee) as a depository for safekeeping until a forfeiture occurs or the restrictions imposed by Section 2 hereof terminate. Promptly after the restrictions imposed by Section 2 hereof terminate with respect to some or all of the shares of Restricted Stock, the Company shall deliver stock certificates representing such shares to Participant or remove, as appropriate, stop transfer orders, as applicable. Upon request of the Company, Participant shall deliver to the Company a stock power, endorsed in blank, relating to the Restricted Stock then subject to the restrictions of Section 2.

5.Securities Law Restrictions; Market Stand-Off. In addition to the restrictions set forth above, the shares of Restricted Stock granted hereunder may not be sold or offered for sale except pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”), or in a transaction which, in the opinion of legal counsel for the Company, is exempt from the registration provisions of the Securities Act, and any such sale must also comply with Rule 144 under the Securities Act to the extent applicable. In connection with any underwritten public offering by the Company of its equity securities pursuant to an effective registration statement under the Securities Act, the Participant agrees that the Participant shall not directly or indirectly sell, make any short sale of, loan, hypothecate, pledge, offer, grant or sell any option or other contract for the purchase of, purchase any option or other contract for the sale of, or otherwise dispose of or transfer or agree to engage in any of the foregoing transactions with respect to, any shares acquired under this Agreement (whether or not subject to restrictions or risk of forfeiture at the time of such offering) without the prior written consent of the Company and the Company’s underwriters. Such restriction shall be in effect for such period of time following the date of the final prospectus for the offering as may be requested by the Company or such underwriters, not to exceed one hundred eighty (180) days. If required by underwriters for the Company, the Participant agrees to enter into a lock-up agreement with respect to any shares acquired under this Agreement.

6.Voting Rights; Dividends and Other Distributions. During the Restriction Period and prior to any forfeiture of the Restricted Stock, the Participant will, subject to the restrictions set forth in Section 2, have all rights as a shareholder with respect to the shares of Restricted Stock then subject to such restrictions (including voting rights and the right to receive dividends or other distributions the record date for which occurs prior to forfeiture); provided, however, that (a) any dividends or distributions paid in stock of the Company shall be subject to the same restrictions and risk of forfeiture as the Restricted Stock with respect to which they were paid, and (b) to the extent required or permitted by the Plan, cash dividends or other cash distributions with respect to unvested Restricted Stock may, at the discretion of the Administrator, either be (i) automatically reinvested as additional shares of Restricted Stock subject to the same terms and conditions as the original grant of Restricted Stock or (ii) accumulated and paid in cash at the same time and to the same extent that the underlying Restricted Stock vests.

(a)The Participant shall be responsible for any federal, state, local or foreign taxes of any kind required by law to be paid or withheld with respect to the Restricted Stock. In the event the Company or an Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in respect of any income recognized by the Participant as a result of the grant, vesting, payment or settlement of the Restricted Stock or disposition of any Shares acquired under this Agreement, the Plan’s provisions relating to taxes shall apply. The obligations of the Company under this Agreement and the Plan, including the obligation to release from custody the Restricted Stock or remove stop-transfer restrictions upon the vesting of the Restricted Stock, shall be conditional on the Participant making arrangements satisfactory to the Company to satisfy any applicable taxes incurred in connection with the Restricted Stock, and the Company and any Affiliate shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant.

(b)Within thirty (30) days following the Grant Date, the Participant may elect to be taxed for federal income tax purposes pursuant to Section 83(b) of the Code with respect to all of the Restricted Stock granted hereunder. If the Participant timely makes an election under Code Section 83(b), the Participant will recognize ordinary income as of the Grant Date in an amount equal to the Fair Market Value of the Restricted Stock on the Grant Date, and the Participant will not recognize ordinary income upon the subsequent vesting of the Restricted Stock. If the Participant makes an election under Code Section 83(b) and thereafter forfeits any shares of Restricted Stock, the Participant will not be entitled to any deduction or credit with respect to such forfeited shares. The Participant is solely responsible for determining whether to make an election under Code Section 83(b) and for timely filing any such election and any required copies with the appropriate taxing authorities. The Company shall have no responsibility for failure by the Participant to make or properly file any such election.

9.Interpretation by Committee. As a condition of the granting of the Restricted Stock, the Participant agrees, for the Participant and the Participant’s legal representatives, that the Plan and this Agreement shall be subject to interpretation by the Committee, and that any interpretation by the Committee of the terms of the Plan and this Agreement shall be final, binding and conclusive on the Participant and the Participant’s legal representatives in all respects and shall not be subject to challenge or dispute by the Participant or the Participant’s legal representatives.

10.Modification. Subject to the applicable provisions of the Plan, at any time and from time to time the Committee may direct execution of an instrument providing for the modification, extension or renewal of this Agreement; provided, however, that no such modification, extension or renewal shall (a) confer on the Participant any right or benefit that could not be conferred on the Participant by a grant of restricted shares of Common Stock under the Plan at such time or (b) except to the extent the Committee determines that such modification, extension or renewal is in the best interest of the Participant or any other person(s) as may then have an interest in the Restricted Stock, materially and adversely affect the value of the Restricted Stock without the written consent of the Participant; provided further that the Administrator may take any action with respect to this Agreement without the Participant’s consent as permitted by the Plan.

(b)If any provision of this Agreement is held illegal, unenforceable or invalid for any reason, such illegality, unenforceability or invalidity will not affect the legality, enforceability or validity of the remaining provisions of this Agreement, and this Agreement will be construed and enforced as if the illegal, unenforceable or invalid provision had not been included in the Agreement.

(d)This Agreement, together with the Plan, constitutes the entire agreement between the parties with respect to the Restricted Stock. In the event of any conflict between this Agreement and the Plan, the Plan shall control. For the avoidance of doubt, references in this Agreement to the “Committee” or “Administrator” shall be deemed to refer to the “Administrator” as defined in the Plan.

(e)This Agreement shall be governed by and construed in accordance with the laws of the State of Wisconsin and applicable federal law, and actions or proceedings with respect to this Agreement shall be brought exclusively as provided in the Plan. Any legal action or proceeding with respect to the Plan, this Agreement or the Restricted Stock must be brought within the period specified in the Plan.

(g)The granting of the Restricted Stock and the issuance of Common Stock in connection therewith are subject to all applicable laws, rules and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required. Notwithstanding any other provision of this Agreement or the Plan, the Company shall have no liability to deliver any shares under this Agreement or make any payment unless such delivery or payment would comply with all applicable laws and the applicable requirements of any securities exchange or similar entity, and unless and until the Participant has taken all actions required by the Company in connection therewith. The Company may impose such restrictions on any shares issued under this Agreement as the Company determines necessary or desirable to comply with all applicable laws, rules and regulations or the requirements of any national securities exchanges.

(h)Notwithstanding any other provision of this Agreement, the Restricted Stock, and any Shares issued or cash paid in respect thereof, shall be subject to forfeiture, recovery or other action in accordance with (i) any clawback, recoupment or similar policy that is adopted by, or any clawback or recoupment requirement otherwise made applicable by law, regulation or listing standards to, the Company from time to time, and (ii) any right of recoupment, forfeiture or similar remedy under the Plan. The Participant expressly agrees to be bound by, and to comply with, any such policy or requirement, as it may be amended from time to time.


Vesting Date			Cumulative Percentage of Restricted Stock Vested
Prior to the second anniversary of the Grant Date			0%
The second anniversary of the Grant Date			50%
The fourth anniversary of the Grant Date			100%