0001193125-12-195882 Sample Contracts

FORM OF DIRECTOR PRORATED STOCK AGREEMENT UNDER THE NORTHERN TRUST CORPORATION 2012 STOCK PLAN

Director Prorated Stock Agreement • April 30th, 2012 • Northern Trust Corp • State commercial banks • Delaware

• Contract Type
  Director Prorated Stock Agreement
• Filed
  April 30th, 2012
• Company
  Northern Trust Corp
• Industry
  State commercial banks
• Jurisdiction
  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 PLAN

Director Stock Unit Agreement • April 30th, 2012 • Northern Trust Corp • State commercial banks • Delaware

• Contract Type
  Director Stock Unit Agreement
• Filed
  April 30th, 2012
• Company
  Northern Trust Corp
• Industry
  State commercial banks
• Jurisdiction
  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 NEW DIRECTOR STOCK UNIT AGREEMENT UNDER THE NORTHERN TRUST CORPORATION 2012 STOCK PLAN

Stock Unit Agreement • April 30th, 2012 • Northern Trust Corp • State commercial banks • Delaware

• Contract Type
  Stock Unit Agreement
• Filed
  April 30th, 2012
• Company
  Northern Trust Corp
• Industry
  State commercial banks
• Jurisdiction
  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.