Form of Restricted Stock Award Agreement Form STOCK AWARD AGREEMENT PURSUANT TO THE NORWOOD FINANCIAL CORP FOR EXECUTIVE OFFICERSStock Award Agreement • May 31st, 2024 • Norwood Financial Corp • State commercial banks
Stock Award. This Stock Award Agreement (this “Agreement”) shall constitute an award (“Stock Award”) of Norwood Financial Corp (“Company”) common stock granted to [___________________________] (“Executive”) related to the continuation of his or her employment services with the Company and Wayne Bank (the “Bank”) for the period beginning as of _______________, 2024 (“Date of Grant”) in accordance with the terms and conditions set forth herein, as follows:
NORWOOD FINANCIAL CORP 2024 EQUITY INCENTIVE PLAN STOCK OPTION AWARD AGREEMENTIncentive Stock Option Agreement • May 31st, 2024 • Norwood Financial Corp • State commercial banks
WHEREAS, Norwood desires to afford the Employee an opportunity to purchase shares of common stock of Norwood (Common Stock) as hereinafter provided, in accordance with the provisions of the Norwood Financial Corporation 2024 Equity Incentive Plan (Plan), a copy of which is attached.
