STOCK REDEMPTION AGREEMENT This STOCK REDEMPTION AGREEMENT ("AGREEMENT"), effective as of June 30, 1999, is between Marten Transport, Ltd., a Delaware corporation (the "COMPANY"), and Darrell D. Rubel, as personal representative of the Estate of Roger...Stock Redemption Agreement • August 12th, 1999 • Marten Transport LTD • Trucking (no local) • Wisconsin
INDEMNIFICATION AGREEMENTIndemnification Agreement • February 22nd, 2010 • Marten Transport LTD • Trucking (no local) • Delaware
THIS INDEMNIFICATION AGREEMENT, made and executed this day of , 2010, by and between Marten Transport, Ltd., a Delaware corporation (the “Company”), and , an individual resident of the State of (the “Indemnitee”).
MARTEN TRANSPORT, LTD. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • August 14th, 2003 • Marten Transport LTD • Trucking (no local) • New York
STEPHENS INC. BB&T CAPITAL MARKETS, A DIVISION OF SCOTT & STRINGFELLOW, INC. LEGG MASON WOOD WALKER, INCORPORATED MORGAN KEEGAN & COMPANY, INC. As Representatives of the Several Underwriters, c/o Stephens Inc. 111 Center Street Little Rock, Arkansas 72201
NON-STATUTORY STOCK OPTION AGREEMENTNon-Statutory Stock Option Agreement • May 15th, 2015 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of _________ __, 201__ (the “Date of Grant”), by and between Marten Transport, Ltd. (the “Company”) and _____________(the “Optionee”).
CREDIT AGREEMENTCredit Agreement • August 22nd, 2022 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS CREDIT AGREEMENT (the "Agreement"), dated as of August 16, 2022, is by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the banks which are signatories hereto (individually, a "Bank" and, collectively, the "Banks") and U.S. BANK NATIONAL ASSOCIATION, a national banking association, one of the Banks, as agent for the Banks (in such capacity, the "Agent").
CREDIT AGREEMENTCredit Agreement • November 12th, 1998 • Marten Transport LTD • Trucking (no local) • Minnesota
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • January 5th, 2007 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS FIRST AMENDMENT (this “Amendment”), effective as of January 1, 2007, amends and modifies a certain Credit Agreement, dated as of August 31, 2006 (the “Credit Agreement”), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the “Borrower”), the Banks named therein, and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the “Agent”). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
NINTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 14th, 2019 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS NINTH AMENDMENT (this "Amendment"), dated as of August 13, 2019, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012, December 22, 2014, November 4, 2015, December 6, 2016 and August 24, 2018 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
TWELFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 2nd, 2022 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS TWELFTH AMENDMENT (this "Amendment"), dated as of March 1, 2022, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012, December 22, 2014, November 4, 2015, December 6, 2016, August 24, 2018, August 13, 2019, November 18, 2020 and August 17, 2021 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 14th, 2008 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS SECOND AMENDMENT (this “Amendment”), dated as of November 30, 2007, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by an Amendment effective as of January 1, 2007 (as so amended, the “Credit Agreement”), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the “Borrower”), the Banks named therein, and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the “Agent”). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
SEVENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • December 12th, 2016 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS SEVENTH AMENDMENT (this "Amendment"), dated as of December 6, 2016, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012, December 22, 2014 and November 4, 2015 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
FIRST AMENDMENT TO AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • March 13th, 2009 • Marten Transport LTD • Trucking (no local)
This First Amendment (this “Amendment”) is made and entered into as of February 26, 2009 (the “Effective Date”), by and between Marten Transport, Ltd., a Delaware corporation, (the “Company”), located at 129 Marten Street, Mondovi, Wisconsin 54755 and , an individual residing at (the “Executive”).
SIXTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • November 6th, 2015 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS SIXTH AMENDMENT (this "Amendment"), dated as of November 4, 2015, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012 and December 22, 2014 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
AMENDMENT TO EMPLOYMENT AGREEMENT This Agreement is made between MARTEN TRANSPORT, LTD. ("Employer"), and DARRELL D. RUBEL ("Employee"), to amend that certain Employment Agreement between the Employee and the Employer dated May 1, 1993, as set forth...Employment Agreement • March 26th, 1999 • Marten Transport LTD • Trucking (no local)
EIGHTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 28th, 2018 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS EIGHTH AMENDMENT (this "Amendment"), dated as of August 24, 2018, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012, December 22, 2014, November 4, 2015 and December 6, 2016 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • August 15th, 2007 • Marten Transport LTD • Trucking (no local) • Wisconsin
This Change in Control Severance Agreement (this “Agreement”), effective as of August , 2007, is between Marten Transport, Ltd., a Delaware corporation, located at 129 Marten Street, Mondovi, Wisconsin 54755 (the “Company”) and , an individual residing at (the ”Executive”).
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • May 31st, 2011 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS THIRD AMENDMENT (this "Amendment"), dated as of May 27, 2011, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007 and November 30, 2007 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein, and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • May 15th, 2015 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of _________ __, 20__ (the “Date of Grant”), by and between Marten Transport, Ltd. (the “Company”) and ______________ (the “Grantee”).
PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • May 11th, 2020 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of __________ __, 20__ (the “Date of Grant”), by and between Marten Transport, Ltd. (the “Company”) and ___________ (the “Grantee”).
NINTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 8th, 2005 • Marten Transport LTD • Trucking (no local) • Minnesota
This NINTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), made and entered into as of June 21, 2005, is by and between MARTEN TRANSPORT, LTD., a Delaware corporation (the “Borrower”), the banks which are signatories to the Credit Agreement described below (the “Banks”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as agent for the Banks (in such capacity, the “Agent”).
FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 28th, 2001 • Marten Transport LTD • Trucking (no local) • Minnesota
This FIFTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), made and entered into as of December 6, 2000, is by and between MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the banks which are signatories hereto (individually, a "Bank" and, collectively, the "Banks"), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as agent for the Banks (in such capacity, the "Agent").
1. The Borrower and U.S. Bank National Association, in its capacity as a Bank and the Agent, entered into a Credit Agreement dated as of October 30, 1998 (the "Credit Agreement"); 2. U.S. Bank National Association, in its capacity as a Bank, has...Credit Agreement • March 27th, 2000 • Marten Transport LTD • Trucking (no local) • Minnesota
NON-EMPLOYEE DIRECTOR NON-STATUTORY STOCK OPTION AGREEMENTNon-Employee Director Non-Statutory Stock Option Agreement • August 9th, 2006 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of (the “Date of Grant”), by and between Marten Transport, Ltd. (the ”Company”) and (the “Optionee”).
Prepared by MERRILL CORPORATION www.edgaradvantage.com QuickLinks -- Click here to rapidly navigate through this document EXECUTION COPY THIRD AMENDMENT TO CREDIT AGREEMENT This THIRD AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), made and entered...Credit Agreement • May 8th, 2000 • Marten Transport LTD • Trucking (no local) • Minnesota
PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • November 9th, 2010 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of ___________ (the “Date of Grant”), by and between Marten Transport, Ltd. (the “Company”) and _______________ (the “Grantee”).
FORM OF NON-STATUTORY STOCK OPTION AGREEMENT FOR AUTOMATIC GRANT TO NON- EMPLOYEE DIRECTORForm of Non-Statutory Stock Option Agreement • August 21st, 2003 • Marten Transport LTD • Trucking (no local) • Wisconsin
THIS AGREEMENT is entered into and effective as of the day of , (the “Date of Grant”), by and between Marten Transport, Ltd., a Delaware corporation (the “Company”), and (the “Optionee”).
CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • April 4th, 2006 • Marten Transport LTD • Trucking (no local) • Wisconsin
This Change in Control Severance Agreement (this “Agreement”), effective as of , 2006, is between Marten Transport, Ltd., a Delaware corporation, located at 129 Marten Street, Mondovi, Wisconsin 54755 (the “Company”) and , an individual residing at (the ”Executive”).
SEVERANCE AGREEMENT AND RELEASESeverance Agreement and Release • March 7th, 2006 • Marten Transport LTD • Trucking (no local) • Wisconsin
This Severance Agreement and Release (the “Agreement”) is made by and between Franklin Foster (“Mr. Foster”) and Marten Transport Ltd. (“Marten”) (Mr. Foster and Marten are collectively referred to as the “Parties” in this Agreement).
ELEVENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 20th, 2021 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS ELEVENTH AMENDMENT (this "Amendment"), dated as of August 17, 2021, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011, December 10, 2012, December 22, 2014, November 4, 2015, December 6, 2016, August 24, 2018, August 13, 2019 and November 18, 2020 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
SECOND AMENDMENT TO AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • March 8th, 2011 • Marten Transport LTD • Trucking (no local)
This Second Amendment (this “Amendment”) is made and entered into as of March 2, 2011 (the “Effective Date”), by and between Marten Transport, Ltd., a Delaware corporation, (the “Company”), located at 129 Marten Street, Mondovi, Wisconsin 54755 and , an individual residing at (the “Executive”).
SEPARATION AGREEMENT AND RELEASESeparation Agreement and Release • March 14th, 2008 • Marten Transport LTD • Trucking (no local) • Wisconsin
This Separation Agreement (“Agreement”) and the Release, which is attached and incorporated by reference as Exhibit A (“the Release”), are made by and between Donald J. Hinson (“Employee”) and Marten Transport Ltd. and any related corporations, subsidiaries, affiliates, successors, predecessors, assigns, and present or former shareholders, officers, directors, agents, employees, or attorneys, whether in their individual or official capacities (collectively “Employer”).
Prepared by MERRILL CORPORATION www.edgaradvantage.com QuickLinks -- Click here to rapidly navigate through this document REQUEST FOR PURCHASE MARTEN TRANSPORT, LTD. Reference is made to the Note Purchase and Private Shelf Agreement (the "Agreement"),...Private Shelf Agreement • May 8th, 2000 • Marten Transport LTD • Trucking (no local) • Illinois
FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • December 29th, 2014 • Marten Transport LTD • Trucking (no local) • Minnesota
THIS FIFTH AMENDMENT (this "Amendment"), dated as of December 22, 2014, amends and modifies a certain Credit Agreement, dated as of August 31, 2006, as amended by Amendments dated as of January 1, 2007, November 30, 2007, May 27, 2011 and December 10, 2012 (as so amended, the "Credit Agreement"), by and among MARTEN TRANSPORT, LTD., a Delaware corporation (the "Borrower"), the Banks named therein (U.S. Bank National Association being the sole Bank as of the date hereof), and U.S. BANK NATIONAL ASSOCIATION, as agent for the Banks (the "Agent"). Terms not otherwise expressly defined herein shall have the meanings set forth in the Credit Agreement.
TENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 13th, 2006 • Marten Transport LTD • Trucking (no local) • Minnesota
This TENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), made and entered into as of March 13, 2006, is by and between MARTEN TRANSPORT, LTD., a Delaware corporation (the “Borrower”), the banks which are signatories to the Credit Agreement described below (the “Banks”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as agent for the Banks (in such capacity, the “Agent”).
SIXTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 29th, 2002 • Marten Transport LTD • Trucking (no local) • Minnesota
This SIXTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), made and entered into as of January 14, 2002, is by and between Marten Transport, Ltd., a Delaware corporation (the "Borrower"), the banks which are signatories to the Credit Agreement described below (the "Banks") and U.S. Bank National Association, a national banking association, as agent for the Banks (in such capacity, the "Agent").
