PRIME MERIDIAN HOLDING COMPANY AMENDMENTS TO RESTRICTED STOCK AWARD AGREEMENTS
Exhibit 10.2
PRIME MERIDIAN HOLDING COMPANY
AMENDMENTS TO
RESTRICTED STOCK AWARD AGREEMENTS
These Amendments were entered into October 20, 2022, and amend each Restricted Stock Award Agreement (each, an “Agreement”) by and between Prime Meridian Holding Company (the “Company”) and Xxxxxx X. Xxxxx, Xx. (the “Grantee”), dated as of February 19, 2019, January 16, 2020, January 21, 2021, and February 1, 2022. Except as specifically amended hereby, each Agreement shall remain unchanged.
Sections 3(b), (c), and (d) are each deleted and replaced with a new Section 3(b), which shall read:
Notwithstanding Section 3(a), the interest of Grantee in all of the shares of Restricted Stock comprising the Award shall vest upon the termination of the Grantee’s employment for any reason.
PRIME MERIDIAN HOLDING COMPANY
By: /s/ Xxxxxxx “Xxxxx” Xxxxxxx /s/ Xxxxxx X. Xxxxx
Xxxxxxx “Xxxxx” Xxxxxxx Xxxxxx X. Xxxxx, Xx.
Chair of the Compensation Committee Vice Chairman, President and CEO