0001193125-12-261757 Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT FOR THE ASB BANCORP, INC. 2012 EQUITY INCENTIVE PLAN
Restricted Stock Award Agreement • June 6th, 2012 • ASB Bancorp Inc • Savings institution, federally chartered

This Award Agreement is provided to (the “Participant”) by ASB Bancorp, Inc. (the “Company”) as of (the “Grant Date”), the date the Compensation Committee of the Board of Directors (the “Committee”) awarded the Participant a restricted stock award pursuant to the ASB Bancorp, Inc. 2012 Equity Incentive Plan (the “2012 Plan”), subject to the terms and conditions of the 2012 Plan and this Award Agreement:

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