RESTRICTED STOCK AWARD AGREEMENT UNDER THE CAMDEN NATIONAL CORPORATION 2022 EQUITY AND INCENTIVE PLANRestricted Stock Award Agreement • August 9th, 2023 • Camden National Corp • National commercial banks
Pursuant to the Camden National Corporation 2022 Equity and Incentive Plan (the “Plan”), Camden National Corporation (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the grantee named above (the “Grantee”). Capitalized terms in this Award Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein.
PERFORMANCE SHARE UNIT AWARD AGREEMENT UNDER THE CAMDEN NATIONAL CORPORATION THIRD AMENDED AND RESTATED LONG-TERM INCENTIVE PROGRAMPerformance Share Unit Award Agreement • August 9th, 2023 • Camden National Corp • National commercial banks • Camden
Pursuant to the Camden National Corporation Third Amended and Restated Long-Term Incentive Program (the “Program”), Camden National Corporation (the “Company”) hereby grants, as of the Grant Date set forth above, an award of the target number of Performance Share Units listed above (an “Award”) to the Grantee named above. Each Award (measured at target) shall relate to one share of Common Stock, no par value per share (the “Stock”) of the Company and may pay out below, at or above target, depending on whether achievement of performance is determined to be at threshold, target or superior performance. Unless otherwise determined by the Compensation Committee (the “Committee”), no amounts will be payable under this Award if performance is determined by the Committee to be below threshold. Capitalized terms in this Award Agreement shall have the meaning specified in the Program or the Plan, unless a different meaning is specified herein.
