0001193125-12-078391 Sample Contracts

TERMS AND CONDITIONS UNDER THE NORTHERN TRUST CORPORATION LONG TERM CASH INCENTIVE PLAN
Long Term Cash Incentive Award Agreement • February 24th, 2012 • Northern Trust Corp • State commercial banks • Delaware

Your Long Term Cash Incentive Award is subject to the provisions of the Northern Trust Corporation Long Term Cash Incentive Plan (the “Plan”), the Long Term Cash Incentive Award notice (the “Award Notice”), and this Terms and Conditions document (“Terms and Conditions”). The Award Notice and these Terms and Condition constitute the “Long Term Cash Incentive Award Agreement” or “Award Agreement” as defined in the Plan. If there is any conflict between the information in the Award Agreement and the Plan, the Plan will govern. Capitalized terms not defined in the Award Agreement shall have the meanings assigned to them in the Plan.

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