0000805676-20-000074 Sample Contracts

PARK NATIONAL CORPORATION Performance-Based Restricted Stock Unit Award Agreement
Performance-Based Restricted Stock Unit Award Agreement • May 8th, 2020 • Park National Corp /Oh/ • National commercial banks

This Performance-Based Restricted Stock Unit Award Agreement (this “Agreement”) is made effective as of January 1, 2020 (the “Grant Date”) by and between Park National Corporation (the “Company”) and [Associate Name] (the “Participant” or “you”). Capitalized terms not defined in this Agreement have the meanings given to them in the Plan (as defined below).

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PARK NATIONAL CORPORATION Amendment No. 1 to Performance-Based Restricted Stock Unit Award Agreement
Performance-Based Restricted Stock Unit Award Agreement • May 8th, 2020 • Park National Corp /Oh/ • National commercial banks

This Amendment No. 1 (this “Amendment”) to the Performance-Based Restricted Stock Unit Award Agreement, made effective as of January 1, 2019 (the “PBRSU Agreement”), is made and entered into as of January 1, 2019 (the “Effective Date”), by and between Park National Corporation (the “Company”) and [Associate Name] (the “Participant”). Capitalized terms not defined in this Amendment have the meanings given to them in the Park National Corporation 2017 Long-Term Incentive Plan for Employees (the “Plan”).

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