<SEC-DOCUMENT>0001104659-22-056553.txt : 20220506
<SEC-HEADER>0001104659-22-056553.hdr.sgml : 20220506
<ACCEPTANCE-DATETIME>20220505170952
ACCESSION NUMBER:		0001104659-22-056553
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20220505
DATE AS OF CHANGE:		20220505

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMMUNITY BANK SYSTEM, INC.
		CENTRAL INDEX KEY:			0000723188
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				161213679
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13695
		FILM NUMBER:		22897610

	BUSINESS ADDRESS:	
		STREET 1:		5790 WIDEWATERS PKWY
		CITY:			DEWITT
		STATE:			NY
		ZIP:			13214
		BUSINESS PHONE:		8007242262

	MAIL ADDRESS:	
		STREET 1:		5790 WIDEWATERS PARKWAY
		CITY:			DEWITT
		STATE:			NY
		ZIP:			13214

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMUNITY BANK NA, a subsidiary of Community Bank System Inc
		DATE OF NAME CHANGE:	20130729

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMUNITY BANK NA, a subsidiary of Community Bank System Inc.
		DATE OF NAME CHANGE:	20130726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMUNITY BANK SYSTEM INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>tm2214653d1_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Proxy Statement Pursuant to Section&nbsp;14(a)&nbsp;of
the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities Exchange Act of 1934 (Amendment No.&nbsp;1)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Filed by the Registrant <FONT STYLE="font-family: Wingdings">&#120;</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Filed by a Party other than the Registrant <FONT STYLE="font-family: Wingdings">&#168;</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Check the appropriate box:</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><FONT STYLE="font-family: Wingdings">&#168;</FONT></B></FONT></TD>
    <TD STYLE="width: 97%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preliminary Proxy Statement</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Confidential, For Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitive Proxy Statement</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitive Additional Materials</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting Material Pursuant to &sect;240.14a-12</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 73px; width: 283px"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(<B>Name of Registrant as Specified in Its Charter</B>)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 70%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(<B>Name of Person(s)&nbsp;Filing Proxy Statement,
if Other Than the Registrant</B>)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Payment of Filing Fee (Check the appropriate box):</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD>
    <TD STYLE="width: 97%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No fee required.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fee paid previously with preliminary materials.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fee computed on table in exhibit required by Item 25(b)&nbsp;per Exchange Act Rules&nbsp;14a-6(i)(1)&nbsp;and 0-11.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 77px; width: 297px"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Supplement to the Proxy Statement, dated March&nbsp;28,
2022, for the 2022 Annual</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Shareholders Meeting to be held on
May&nbsp;18, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>May&nbsp;5, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Explanatory Note</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Amendment No.&nbsp;1 to Schedule 14A (this &ldquo;Supplement&rdquo;)
is being filed to amend Community Bank System,&nbsp;Inc.&rsquo;s (the &ldquo;Company&rdquo;) definitive proxy statement for its 2022 Annual
Meeting of Shareholders to be held on May&nbsp;18, 2022 (the &ldquo;Proxy Statement&rdquo;), which was filed with the Securities and Exchange
Commission (the &ldquo;SEC&rdquo;) on March&nbsp;28, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Supplement is being made to reduce the number of newly authorized
shares to be approved by the Shareholders at the Annual Meeting under the Community Bank System,&nbsp;Inc. 2022 Long-Term Incentive Plan
(the &ldquo;2022 Plan&rdquo;) from 1,500,000 shares to 600,000 shares. As of April&nbsp;1, 2022, 414,307 shares are available for grants
under the Community Bank System,&nbsp;Inc. 2014 Long-Term Incentive Plan, as amended (the &ldquo;2014 Plan&rdquo;). The 2014 Plan is the
only plan authorized by the Shareholders for equity grants and upon approval of the 2022 Plan by the Shareholders, no additional awards
will be granted under the 2014 Plan and it will be terminated (and the shares remaining available for grant under the 2014 Plan will be
transferred to the 2022 Plan), as described in the Proxy Statement. Upon approval of the 2022 Plan by the Shareholders, the Company anticipates,
based upon its historical grant practices and anticipated future needs, that it will have a share reserve sufficient to cover equity awards
for approximately three years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with its Annual Meeting, the Company&rsquo;s Board of
Directors (the &ldquo;Board&rdquo;) recommended a proposal that the Shareholders adopt the 2022 Plan which authorized an additional 1,500,000
shares to be available for issuance under the 2022 Plan subject to approval by the Shareholders at the Annual Meeting (the &ldquo;Proposal
3&rdquo;). After mailing the Proxy Statement, the Company has reconsidered the number of shares available under the 2022 Plan in response
to Shareholder feedback and has decided to reduce the number of newly authorized shares under the 2022 Plan. The Company believes that
the 2022 Plan&rsquo;s design is consistent with good corporate governance and its burn rate reflects a conservative equity program but
has decided to reduce the number of newly authorized shares under in 2022 Plan in order to shorten the duration of the 2022 Plan to be
more consistent with its Shareholders&rsquo; expectations. Accordingly, on May&nbsp;5, 2022, the Board approved an amendment of the 2022
Plan, being submitted for Shareholder approval, to reduce the number of newly authorized shares for issuance under the 2022 Plan to 600,000
shares, which, when combined with the remaining authorized shares available for grant under the 2014 Plan as of April&nbsp;1, 2022, will
result in 1,014,307 shares available for issuance under the 2022 Plan. Except as set forth herein, there are no other changes to Proposal
3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with Proposal 3, Sections&nbsp;5(b)&nbsp; and 5(c)
of the 2022 Plan that is set forth in Appendix A, on page&nbsp;A-4 of the Proxy Statement, is amended and restated as marked
below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1in; text-align: justify">(b)&nbsp; Subject to adjustments in accordance
with Paragraph 18 of this Plan, the maximum number of shares of Common Stock available for issuance to Participants under this Plan shall
be equal to the sum of (i)&nbsp;<STRIKE>1,500,000</STRIKE> 600,000 shares of Common Stock authorized by the shareholders of the Company
with the shareholders&rsquo; approval of this Plan as of the Effective Date) and (ii)&nbsp;any shares of Common Stock available for grant
under the Prior Plan that are transferred to the Plan as of the Effective Date and (iii)&nbsp;any shares of Common Stock subject to any
awards granted under the Prior Plans that are outstanding on the Effective Date and that return to the share reserve in accordance with
Paragraph 5(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1in; text-align: justify">(c)&nbsp; From the total shares of Common
Stock available for awards as described in subparagraph 5(b), and subject to adjustments in accordance with Paragraph 18 of this
Plan, the maximum number of shares of Common Stock with respect to which Incentive Stock Options may be granted under this Plan
shall not exceed an aggregate of <STRIKE>1.5 million</STRIKE> 600,000 shares of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Reasons Why Shareholders Should Approve the 2022 Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The 2022 Plan has been designed to be consistent with best corporate
governance practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Reasonable Burn Rate and Overhang</B>. The Company has a long track
record of managing its equity spending conservatively and to good effect. As described under the heading &ldquo;Factors Considered in
Setting Size of Requested Share Reserve&rdquo; on page&nbsp;56 of the Proxy Statement, the Company&rsquo;s three-year weighted average
burn rate for the 2019, 2020 and 2021 fiscal years was 0.73%. The Company defines burn rate as the total number of shares subject to equity
awards granted to plan participants in a single year expressed as a percent of the Company&rsquo;s weighted average shares outstanding.
The Company believes that its historical burn rate is reasonable for a company of its size in its industry. If the 2022 Plan is approved,
the approximate potential overhang (as a percent of fully diluted shares outstanding) as of April&nbsp;1, 2022 would be 4.78%. The Company
defines overhang as the sum of the following items expressed as a percentage of the Company&rsquo;s weighted average shares outstanding
as of March&nbsp;31, 2022: (i)&nbsp;the total number of shares subject to outstanding equity awards and (ii)&nbsp;the total number of
shares of common stock available for future grants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">But &ldquo;burn rate&rdquo; tells only part of the story. Further reflecting
the Company&rsquo;s success in using equity awards, approximately 89.06% of its outstanding stock options are in-the-money and yet remain
unexercised. The Company believes this level of unexercised, in-the-money equity reflects an engaged and committed workforce that has
confidence in the Company&rsquo;s direction, progress and upside. In addition, the Company offers a broad based plan and 75.90% of its
annual equity grants are made to individuals who are not serving as the Company&rsquo;s named executive officers. Through conservative
but effective use of equity awards, the Company believes it is managing its incentive program in a manner that rewards performance and
enhances shareholder value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Attracts, Retains and Motivates Talent</B>. In January&nbsp;2022,
the Compensation Committee of the Board adopted a new performance-based equity program in response to Shareholder feedback. The new program
is comprised of 50% performance-based restricted stock, 25% stock options, and 25% time-based restricted stock grants. The 2022 Plan will
provide the Company with the flexibility to develop and deliver long-term equity incentive programs that are competitive, that attract
and retain key talent, and that meet current and evolving compensation practices. The use of equity-based awards reflects the Board&rsquo;s
belief that encouraging stock ownership by executive officers and other key employees serves to attract, retain, and motivate them by
providing a direct, financial interest in the Company&rsquo;s continued success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">It is critical to the Company&rsquo;s success that it recruits, retains
and motivates the best talent in a highly competitive labor market. Equity-based compensation is a key component in the Company&rsquo;s
ability to pay market-competitive compensation to its newly hired employees and to retain its existing employees. The Company provides
equity awards to certain executive and key employees upon hiring and makes annual grants in connection with its equity incentive program.
The Company believes that its employees and potential employees expect equity awards to be a key ongoing part of their compensation. As
the Company&rsquo;s employee population continues to grow, its ability to recruit and retain employees could be negatively impacted if
it does not have sufficient authorized shares available for future equity awards under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Anticipated Duration of the Newly Authorized Shares is Three Years</B>.
Since the beginning of 2018, the Company&rsquo;s total consolidated assets have increased from approximately $10.7 billion to approximately
$15.6 billion at the beginning of 2022. As the Company&rsquo;s assets have grown, so, too, have its employees (growing from 2,600 employees
as of December&nbsp;31, 2017 to 2,927 employees as of December&nbsp;31, 2021) and the number of participants in the Company&rsquo;s equity
program. The Company believes that based upon the number of shares requested for issuance under the 2022 Plan (600,000),
together with the shares remaining available for issuance under the 2014 Plan that will be transferred to the 2022 Plan if Shareholder
approval for the 2022 Plan is obtained, there will be a sufficient number of share reserves for approximately three years of equity grants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Consistent with Shareholder Interests and Sound Corporate Governance</B>.
As described under the heading &ldquo;Principal Features of the Proposed 2022 Plan&rdquo; on page&nbsp;57 of the Proxy Statement, the
2022 Plan was purposefully designed to include features that are consistent with Shareholder interests and that promote sound corporate
governance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Aligns Employee and Director Interests with Shareholder Interests</B>.
Providing a significant portion of the Company&rsquo;s employee compensation and non-employee director compensation in the form of equity
directly aligns the interests of those employees and directors with the interests of the Company&rsquo;s Shareholders. If the 2022 Plan
is approved by the Shareholders, the Company will be able to continue granting equity-based incentives that foster this alignment between
its employees and non-employee directors and its Shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Information on Equity Compensation Plans as of April&nbsp;1, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The information included in the Proxy Statement
is updated by the following information regarding all existing equity compensation plans as of April&nbsp;1, 2022:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center">As of April&nbsp;1, 2022</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 82%; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Total number of stock options outstanding<SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 15%; text-align: right">1,513,767</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Weighted-average exercise price of stock options outstanding</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">53.49</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Weighted-average remaining duration of stock options outstanding</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">6.0698</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Total number of full value awards outstanding (includes restricted stock)</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">170,124</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">Shares available for grant under the 2014 Plan<SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">414,307</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">As of the Record Date</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Total shares of common stock outstanding as of the record date</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">53,911,509</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>No stock appreciation rights were outstanding as of April&nbsp;1, 2022.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>This number includes grants made in March&nbsp;2022. Only the number of shares remaining available for future grant under the 2014
Plan as of the effective date of the 2022 Plan will transfer to the 2022 Plan.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Supplement is qualified in its entirety by reference to the
revised 2022 Plan which follows and which is marked to show the changes to the version of the 2022 Plan in Appendix A to the Proxy
Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Supplement, which amends the Proxy Statement, is being filed with
the SEC and being made available to shareholders of the Company on May&nbsp;5, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Proxy Statement contains important additional information, and
this Supplement should be read in conjunction with the Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">IF YOU HAVE ALREADY SUBMITTED YOUR PROXY TO VOTE YOUR SHARES AND DO
NOT WISH TO CHANGE YOUR VOTE, YOU DO NOT NEED TO DO ANYTHING. YOUR VOTE WILL BE TABULATED AS YOU PREVIOUSLY INSTRUCTED. YOU MAY&nbsp;CHANGE
YOUR VOTE BY SUBMITTING A LATER DATED PROXY. You may revoke your proxy with respect to any matter to be voted on at the Annual Meeting
at any time before the vote is taken on such matter as described in the Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Appendix A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>COMMUNITY BANK SYSTEM,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2022 LONG-TERM INCENTIVE PLAN, AS AMENDED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Table of Contents</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; text-transform: uppercase"><A HREF="#a_001">Establishment</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; width: 8%; text-transform: uppercase"><A HREF="#a_001">A-1</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_002">Purpose</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_002">A-1</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_003">Eligibility</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_003">A-1</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_004">Definitions</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_004">A-1</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_005">Shares Available Under the Plan</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_005">A-4</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_006">Grants of Option Rights Generally</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_006">A-5</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_007">Special Rules&nbsp;for Grants of Incentive Stock Options</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_007">A-6</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_008">Special Rules&nbsp;for Grants of Nonqualified Stock Options</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_008">A-7</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_009">Stock Appreciation Rights</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_009">A-7</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_010">Restricted Stock Awards</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_010">A-8</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_011">Restricted Stock Unit Awards</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_011">A-9</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_012">Deferred Stock Awards</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_012">A-10</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_013">Performance Shares, Performance Share Units and Performance Units</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_013">A-10</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_014">Other Stock-Based Awards</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_014">A-11</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_015">Dividend Equivalents</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_015">A-11</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_016">Performance Measures</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_016">A-12</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_017">Transferability</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_017">A-13</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_018">Adjustments</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_018">A-14</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_019">Change in Control</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_019">A-14</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><A HREF="#a_020">Fractional Shares</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_020">A-17</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_021">Administration of the Plan</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_021">A-17</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase; text-align: left"><A HREF="#a_022">Amendments, Termination, Etc.</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; text-transform: uppercase"><A HREF="#a_022">A-19</A></TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="text-align: center; break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #333333"><B>COMMUNITY BANK SYSTEM,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #333333"><B>2022 Long-Term Incentive Plan,
as Amended</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_001"></A><B>1.&emsp;Establishment</B></FONT><FONT STYLE="font-size: 10pt">.
Community Bank System,&nbsp;Inc., a Delaware corporation, establishes an incentive compensation plan to be known as Community Bank System,&nbsp;Inc.
2022 Long-Term Incentive Plan (&ldquo;<U>Plan</U>&rdquo;), as set forth in this document. The Plan permits the grant of various forms
of equity-based awards. The Plan shall become effective upon shareholder approval (the &ldquo;<U>Effective Date</U>&rdquo;) and shall
remain in effect until the tenth anniversary of the Effective Date. The Plan and each Award granted hereunder are conditioned on and shall
be of no force or effect until the Plan is approved by the shareholders of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><A NAME="a_002"></A><FONT STYLE="font-size: 14pt"><B>2.&emsp;Purpose</B></FONT><FONT STYLE="font-size: 10pt">.
The purpose of the Plan is to promote the interests of the Company and its shareholders by providing current and future directors, officers,
key employees and advisors with an equity or equity-based interest in the Company, so that the interests of such directors, officers,
employees and advisors will be closely associated with the interests of shareholders by reinforcing the relationship between shareholder
gains and compensation. Rights granted pursuant to this Plan, which include stock options, stock appreciation rights, restricted stock
awards, restricted stock unit awards, deferred stock awards, performance shares, performance share units, performance units and other
stock-based awards may also be used to attract, retain and motivate eligible individuals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><A NAME="a_003"></A><FONT STYLE="font-size: 14pt"><B>3.&emsp;Eligibility</B></FONT><B><FONT STYLE="font-size: 10pt"><U>.</U></FONT></B><FONT STYLE="font-size: 10pt">
Directors, officers, and key employees of the Company and its Subsidiaries, and Advisors to the Company or the Board of Directors shall
be eligible to participate in the Plan to the extent determined by the Committee in its sole discretion. Employee participants shall be
selected by the Committee based upon such factors as the employee&rsquo;s past and potential contributions to the success, profitability,
and growth of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_004"></A>4.&emsp;Definitions</B></FONT><B><FONT STYLE="font-size: 10pt"><U>.</U></FONT></B><FONT STYLE="font-size: 10pt">
As used in this Plan,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(a)&nbsp;&ldquo;<U>Advisor</U>&rdquo;</B>
shall mean any natural person who is engaged to render bona fide consulting or advisory services to the Company or the Board of Directors,
other than a person who provides such services in connection with the offer or sale of securities in a capital-raising transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(b)&nbsp;&ldquo;<U>Award</U>&rdquo;</B>
shall mean, individually or collectively, a grant under this Plan of Nonqualified Stock Options,&nbsp;Incentive Stock Options, Stock Appreciation
Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Awards, Performance Shares, Performance Share Units, Performance Units
or Other Stock-Based Awards, in each case subject to the terms of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(c)&nbsp;&ldquo;<U>Award
Agreement</U>&rdquo;</B> shall mean either (i)&nbsp;a written agreement entered into by the Company and a Participant setting forth the
terms and provisions applicable to an Award granted under this Plan, or (ii)&nbsp;a written or electronic statement issued by the Company
to a Participant describing the terms and provisions of such Award, including any amendment or modification thereof. The Committee may
provide for the use of electronic, internet or other non-paper Award Agreements, and the use of electronic, internet or other non-paper
means for the acceptance thereof and actions thereunder by a Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 7; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(d)&nbsp;&ldquo;<U>Board of Directors</U>&rdquo;</B>
shall mean the Board of Directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(e)&nbsp;&ldquo;<U>Change in Control Price</U>&rdquo;</B>
shall mean the price per share of Common Stock on a fully-diluted basis offered in conjunction with any transaction resulting in a Change
in Control, as determined in good faith by the Committee as constituted before the Change in Control, if any part of the offered price
is payable other than in cash, and if the entire offered price is payable only in cash, then it shall mean such cash amount per share
of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(f)&nbsp;&ldquo;<U>Code</U>&rdquo;</B> shall
mean the U.S. Internal Revenue Code of 1986, as amended from time to time. For purposes of this Plan, references to sections of the Code
shall be deemed to include references to any applicable regulations thereunder and any successor or similar provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(g)&nbsp;&ldquo;<U>Committee</U>&rdquo;</B>
shall mean the committee appointed by the Board of Directors to administer the Plan in accordance with Paragraph 21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(h)&nbsp;&ldquo;<U>Common Stock</U>&rdquo;</B>
shall mean the Common Stock, par value $1.00, of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(i)&nbsp;&ldquo;<U>Company</U>&rdquo;</B> shall
mean Community Bank System,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(j)&nbsp;&ldquo;<U>Deferred Stock Award</U>&rdquo;</B>
shall mean an award of Common Stock to an Eligible Employee, Director or Advisor that is subject to the restrictions described in Paragraph
12.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(k)&nbsp;&ldquo;<U>Director</U>&rdquo;</B>
shall mean a member of the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(l)&nbsp;&ldquo;<U>Eligible Employees</U>&rdquo;</B>
shall mean persons treated by the Company for payroll and employment tax purposes as common law employees of the Company or a Subsidiary
and described in Paragraph 3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(m)&nbsp;&ldquo;<U>Exchange Act</U>&rdquo;</B>
shall mean the Securities Exchange Act of 1934, as amended from time to time, or any successor act thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>(n)&nbsp;&ldquo;<U>Exercise Price</U>&rdquo;</B>
shall means the price at which a share of Common Stock may be purchased by a Participant pursuant to an Option Right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(o)&nbsp;&ldquo;<U>Fair
Market Value</U>&rdquo;</B> shall mean a price that is based on the opening, closing, actual, high, low, or average selling prices of
a share of Common Stock reported on the New York Stock Exchange (&ldquo;NYSE&rdquo;) or other established stock exchange (or exchanges)
on the applicable date, the preceding trading day, the next succeeding trading day, or an average of trading days, as determined by the
Committee in its discretion. Unless the Committee determines otherwise, Fair Market Value shall be deemed to be equal to the reported
closing price of a share of Common Stock on the most recent date on which shares of Common Stock were publicly traded. In the event shares
of Common Stock are not publicly traded at the time a determination of their value is required to be made hereunder, the determination
of their Fair Market Value shall be made by the Committee in such manner as it deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(p)&nbsp;&ldquo;<U>Grant
Price</U>&rdquo;</B> shall mean the price established at the time of grant of a Stock Appreciation Right pursuant to Paragraph 9, and
used to determine whether these is any payment due upon exercise of the Stock Appreciation Right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(q)&nbsp;&ldquo;<U>Incentive
Stock Option</U>&rdquo;</B> shall mean the right granted to an Eligible Employee to purchase Common Stock under this Plan, the grant,
exercise and disposition of which are intended to comply with, and to be governed by, Code Section&nbsp;422.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(r)&nbsp;&ldquo;<U>Insider</U>&rdquo;</B>
shall mean an individual who is, on the relevant date, an officer or Director of the Company, or more than ten percent (10%) beneficial
owner of any class of the Company&rsquo;s equity securities that is registered pursuant to Section&nbsp;12 of the Exchange Act, as determined
by the Board of Directors in accordance with Section&nbsp;16 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(s)&nbsp;&ldquo;<U>Nonqualified
Stock Option</U>&rdquo;</B> shall mean the right granted to an Eligible Employee, Director or Advisor to purchase Common Stock under this
Plan, the grant, exercise and disposition of which are not intended to be subject to the requirements and limitations of Code Section&nbsp;422.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(t)&nbsp;&ldquo;<U>Optionee</U>&rdquo;</B>
shall mean the Eligible Employee, Director or Advisor to whom an Option Right is granted pursuant to an Award Agreement evidencing an
outstanding Incentive Stock Option or Nonqualified Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(u)&nbsp;&ldquo;<U>Option
Right</U>&rdquo;</B> shall mean the right to purchase a share of Common Stock upon exercise of an outstanding Incentive Stock Option or
Nonqualified Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(v)&nbsp;&ldquo;<U>Other
Stock-Based Award</U>&rdquo;</B> shall mean an equity-based or equity-related Award not otherwise described by the terms of this Plan,
granted pursuant to Paragraph 14.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(w)&nbsp;&ldquo;<U>Participant</U>&rdquo;</B>
shall mean any Eligible Employee, Director or Advisor to whom an Award is granted and remains outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(x)&nbsp;&ldquo;<U>Performance
Measures</U>&rdquo;</B> shall mean measures as described in Paragraph 16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(y)&nbsp;&ldquo;<U>Performance
Period</U>&rdquo;</B> shall mean the period of time during which the performance goals must be met in order to determine the degree of
payout and/or vesting with respect to an Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(z)&nbsp;&ldquo;<U>Performance
Share</U>&rdquo;</B> shall mean a grant of a stated number of shares of Common Stock to a Participant under the Plan that is forfeitable
by the Participant until attainment of the specified performance goals, or until otherwise determined by the Committee or in accordance
with the Plan, subject to the continuous employment of the Participant through the applicable Performance Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(aa) &ldquo;<U>Performance
Share Unit</U>&rdquo;</B> shall mean a Participant&rsquo;s contractual right to receive a stated number of Shares or, if provided by the
Committee on or after the grant date, cash equal to the Fair Market Value of such Shares, under the Plan at a specified time that is forfeitable
by the Participant until the attainment of specified performance goals, or until otherwise determined by the Committee or in accordance
with the Plan, subject to the continuous employment of the Participant through the applicable Performance Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(bb) &ldquo;<U>Performance
Unit</U>&rdquo;</B> shall mean a Participant&rsquo;s contractual right to receive a cash-denominated award, payable in cash or shares
of Common Stock, under the Plan at a specified time that is forfeitable by the Participant until the attainment of specified performance
goals, or until otherwise determined by the Committee or in accordance with the Plan, subject to the continuous employment of the Participant
through the applicable Performance Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(cc) &ldquo;<U>Prior Plan</U>&rdquo;</B>
shall mean the Community Bank System,&nbsp;Inc. 2014 Long-term Incentive Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(dd) &ldquo;<U>Restricted
Stock Award</U>&rdquo;</B> shall mean an award of Common Stock to an Eligible Employee or Advisor that is subject to the restrictions
and vesting conditions described in Paragraph 10 and subject to tax under Code Section&nbsp;83.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(ee) &ldquo;<U>Restricted
Stock Unit Award</U>&rdquo;</B> shall mean the right to receive one or more payments described in Paragraph 11. Restricted Stock Units
represent a contingent right to receive a payment in the future; Restricted Stock Units are not subject to tax under Code Section&nbsp;83
(because Restricted Stock Units are not property).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(ff) &ldquo;<U>Stock
Appreciation Right</U>&rdquo;</B> shall mean the right to receive one or more payments described in Paragraph 9.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(gg) &ldquo;<U>Subsidiary</U>&rdquo;
</B>shall mean any corporation in which (at the time of determination) the Company owns or controls, directly or indirectly, 50 percent
or more of the total combined voting power of all classes of stock issued by the corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(hh) &ldquo;<U>Substitute
Award</U>&rdquo;</B> means an Award granted upon the assumption of, or in substitution or exchange for, outstanding awards granted by
a company or other entity acquired by the Company, Subsidiary or any Affiliate or with which the Company, Subsidiary or any Affiliate
combines.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_005"></A>5.&emsp;Shares
Available Under the Plan</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; The shares of Common
Stock which may be made the subject of awards granted pursuant to this Plan may be either (i)&nbsp;shares of original issue, (ii)&nbsp;treasury
shares, (iii)&nbsp;shares held in a grantor trust maintained by the Company, or (iv)&nbsp;a combination of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Subject to adjustments
in accordance with Paragraph 18 of this Plan, the maximum number of shares of Common Stock available for issuance to Participants under
this Plan shall be equal to the sum of (i)&nbsp;<B><STRIKE>1,500,000</STRIKE> 600,000 </B>shares of Common Stock authorized by the shareholders
of the Company with the shareholders&rsquo; approval of this Plan as of the Effective Date) and (ii)&nbsp;any shares of Common Stock available
for grant under the Prior Plan that are transferred to the Plan as of the Effective Date and (iii)&nbsp;any shares of Common Stock subject
to any awards granted under the Prior Plans that are outstanding on the Effective Date and that return to the share reserve in accordance
with Paragraph 5(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; From the total
shares of Common Stock available for awards as described in subparagraph 5(b), and subject to adjustments in accordance with Paragraph
18 of this Plan, the maximum number of shares of Common Stock with respect to which Incentive Stock Options may be granted under this
Plan shall not exceed an aggregate of <STRIKE>1.5&nbsp;million</STRIKE> 600,000 shares of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp;
Notwithstanding any other term or provision of the Plan, if any shares of Common Stock covered by an Award granted under the Plan or
Prior Plan that on or after the Effective Date terminates by expiration, forfeiture, cancellation or otherwise without the issuance
of the shares of Common Stock (or with the forfeiture of shares of Common Stock in connection with a Restricted Stock Award), is
settled in cash in lieu of Shares or is exchanged with the Committee&rsquo;s permission, prior to the issuance of shares of Common
Stock, for an Award not involving Shares shall become available again for grant under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; The full number
of Option Rights and Stock Appreciation Rights granted that are to be settled by the issuance of shares of Common Stock shall be counted
against the number of shares of Common Stock available for award under the Plan, regardless of the number of shares of Common Stock actually
issued upon settlement of such Option Rights or Stock Appreciation Rights. In addition, any shares of Common Stock withheld to satisfy
tax withholding obligations on an Award issued under the Plan, shares of Common Stock tendered to pay the exercise price of an Award under
the Plan, and shares of Common Stock repurchased on the open market with the proceeds of an Option Right exercise will not be eligible
to be again available for grant under this Plan</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Shares of Common
Stock subject to Substitute Awards shall not be counted against the share reserve specified in Paragraph 5(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(g)&nbsp; The Committee shall
approve all Awards to Nonemployee Directors. The terms and conditions of any grant of any Award to a Nonemployee Director shall be set
forth in an Award Agreement. The maximum aggregate value of equity Awards granted to any Nonemployee Director during any calendar year
shall not exceed $150,000. The value of an equity-based Award shall be based on the Award&rsquo;s grant date fair value as determined
under applicable accounting standards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(h)&nbsp; Any Award granted
under this Plan shall be subject to a minimum vesting period of at least one year. Notwithstanding the immediately preceding sentence,
(i)&nbsp;the Committee may permit and authorize acceleration of vesting of Awards pursuant to Paragraph 21(b)(vi)&nbsp;of this Plan, (ii)&nbsp;the
Committee may grant Awards covering up to five percent (5%) of the total number of Shares authorized under this Plan without respect to
the minimum vesting standards set forth in this Paragraph 5(h), and (iii)&nbsp;Substitute Awards shall not be subject to the minimum vesting
period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_006"></A>6.&emsp;Grants
of Option Rights Generally</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B><FONT STYLE="font-size: 10pt"> The Committee, or the
full Board of Directors, may, from time to time and upon such terms and conditions as it may determine, authorize the granting of Option
Rights to Directors, Eligible Employees or Advisors. Each such grant may utilize any or all of the authorizations, and shall be subject
to all of the limitations, contained in the following provisions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Each grant shall
specify whether it is intended as a grant of Incentive Stock Options or Nonqualified Stock Options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(b)&nbsp; Each grant shall specify the number
of shares of Common Stock to which it pertains.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Each grant shall
specify an Exercise Price not less than 100 percent of the Fair Market Value per share of Common Stock on the date the Option Right is
granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; Successive grants
may be made to the same Optionee whether or not any Option Rights previously granted to such Optionee remain unexercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; The period of each
Option Right by its terms shall be not more than ten years from the date the Option Right is granted as specified by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Upon exercise of
an Option Right, the entire Exercise Price shall be payable (i)&nbsp;in cash, (ii)&nbsp;by the transfer to the Company by the Optionee
of shares of Common Stock with a value (Fair Market Value per share times the number of shares) equal to the total Exercise Price, (iii)&nbsp;by
a combination of such methods of payment described in (i)&nbsp;and (ii)&nbsp;above, or (iv)&nbsp;any other lawful means of payment acceptable
to the Committee. Payment may not be made with Common Stock issued to the Optionee by the Company upon his or her prior exercise of an
Incentive Stock Option under this Plan or any other option plan unless the Common Stock received upon that prior exercise shall have been
held by the Optionee for at least one year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(g)&nbsp; Each grant of Option
Rights shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee for this
purpose and delivered to and accepted by the Optionee and shall contain such terms and provisions, consistent with this Plan, as the Committee
may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_007"></A><B>7.&emsp;Special
Rules&nbsp;for Grants of Incentive Stock Options</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; As provided in
Paragraph 6(c), the Exercise Price of an Incentive Stock Option shall not be less than 100 percent of the Fair Market Value per share
of Common Stock on the date of the grant of the option; provided, however, that, if an Incentive Stock Option is granted to any Eligible
Employee who, immediately after such option is granted, is considered to own stock possessing more than ten percent of the combined voting
power of all classes of stock of the Company, or any of its subsidiaries, the Exercise Price per share shall be not less than 110 percent
of the Fair Market Value per share of Common Stock on the date of the grant of the option, and such option may be exercised only within
five years of the date of the grant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; The period of each
Incentive Stock Option by its terms shall be not more than ten years from the date the Option Right is granted as specified by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; The Committee shall
establish the time or times within the option period when the Incentive Stock Option may be exercised in whole or in such parts as may
be specified from time to time by the Committee, except that Incentive Stock Options shall not be exercisable earlier than one year, nor
later than ten years, following the date the option is granted. The date of grant of each Option Right shall be the date of its authorization
by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; Except as provided
in Paragraph 19, or as may be provided by the Committee at the time of grant, (i)&nbsp;in the event of the Optionee&rsquo;s termination
of employment due to any cause, including death or retirement, rights to exercise Incentive Stock Options shall cease, except for those
which are exercisable as of the date of termination, and (ii)&nbsp;rights that are exercisable as of the date of termination shall remain
exercisable for a period of three months following a termination of employment for any cause other than death, disability, or retirement
in good standing, and for a period of one year following a termination due to death, disability, or retirement in good standing. However,
no Incentive Stock Option shall, in any event, be exercised after the expiration of ten years from the date such option is granted, or
such earlier date as may be specified in the Option Right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; No Incentive Stock
Options shall be granted hereunder to any Optionee that would allow the aggregate fair market value (determined at the time the option
is granted) of the stock, including the Incentive Stock Option in question, which such Optionee may exercise for the first time during
any calendar year, to exceed $100,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_008"></A><B>8.&emsp;Special
Rules&nbsp;for Grants of Nonqualified Stock Options</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Except as provided
in Paragraph 19, or as may be provided by the Committee at the time of grant, (i)&nbsp;in the event of the Optionee&rsquo;s termination
of employment due to death, disability, or retirement in good standing, rights to exercise Nonqualified Stock Options that are exercisable
as of the date of termination shall remain exercisable for two years following termination, (ii)&nbsp;in the event of the Optionee&rsquo;s
termination of employment due to any other reason, the rights to exercise Nonqualified Stock Options that are exercisable as of the date
of termination shall remain exercisable for three months following termination, and (iii)&nbsp;the right to exercise Nonqualified Stock
Options that are not exercisable as of the date of termination shall be forfeited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; The Company shall
not create any record or evidence of Common Stock ownership for an Optionee who exercises a Nonqualified Stock Option, unless payment
of the required lawful withholding taxes has been made to the Company by check, payroll deduction or other arrangements satisfactory to
the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_009"></A><B>9.&emsp;Stock
Appreciation Rights</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Upon such conditions
and limitations it deems advisable, the Committee may authorize the grant of Stock Appreciation Rights with respect to one or more shares
of Common Stock. Upon the valid exercise of a vested Stock Appreciation Right, the holder of such Stock Appreciation Right shall receive
a lump sum payment for each applicable share of Common Stock equal to the excess (if any) of (i)&nbsp;the Fair Market Value of one share
of Common Stock on the date of exercise, over (ii)&nbsp;the Stock Appreciation Right&rsquo;s Grant Price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Each Stock Appreciation
Right shall specify a Grant Price of not less than 100 percent of the Fair Market Value per share of Common Stock on the date the Stock
Appreciation Right is granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Successive grants
may be made to a holder of Stock Appreciation Rights whether or not any Stock Appreciation Rights previously granted remains unexercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; The period of each
Stock Appreciation Right by its terms shall be not more than ten years from the date the Stock Appreciation Right is granted as specified
by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; At the sole discretion
of the Committee, the settlement of an exercised Stock Appreciation Right may be made in the form of shares of Common Stock, in lieu of,
or in combination with cash.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Except as
provided in Paragraph 19, or as may be provided by the Committee at the time of grant, (i)&nbsp;in the event the holder of Stock
Appreciation Rights incurs a termination of employment due to death, disability, or retirement in good standing, such Stock
Appreciation Rights that are exercisable as of the date of termination shall remain exercisable for two years following such
termination, (ii)&nbsp;in the event of the holder of Stock Appreciation Rights termination of employment due to any other reason,
the rights to exercise the Stock Appreciation Rights that are exercisable as of the date of termination shall remain exercisable for
three months following termination, and (iii)&nbsp;the right to exercise Stock Appreciation Rights that are not exercisable as of
the date of termination shall be forfeited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(g)&nbsp; Each grant of Stock
Appreciation Rights shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee
for this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan,
as the Committee may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_010"></A><B>10.&emsp;Restricted
Stock Awards</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Shares of Common
Stock granted pursuant to a Restricted Stock Award issued under the Plan shall not be sold, exchanged, transferred, assigned, pledged,
hypothecated, or otherwise disposed of, prior to the satisfaction of such performance, service and/or elapsed time conditions (&ldquo;<U>Vesting
Conditions</U>&rdquo;) as may be determined by the Committee in its absolute discretion. Except as provided in Paragraph 19, or as may
be provided by the Committee at the time of grant, if the recipient&rsquo;s service with the Company or any of its Subsidiaries terminates
prior to the satisfaction of all of the Vesting Conditions for any reason other than death, disability, or retirement in good standing,
the recipient shall, on the date service terminates, forfeit and surrender to the Company the number of shares of Common Stock with respect
to which the Vesting Conditions have not been satisfied as of the date service terminates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; The Committee may
grant or limit the right of a recipient of a Restricted Stock Award to receive dividends declared on Common Stock underlying such Award
to the extent the Award is not yet vested. The terms of any right to dividends shall be as set forth in the applicable Award Agreement,
including the time and form of payment and whether such dividends shall be credited with interest or deemed to be reinvested in additional
shares of Restricted Stock. If the Committee grants the right of a recipient of a Restricted Stock Award to receive dividends declared
on shares of Common Stock subject to an unvested Restricted Stock Award, then, at the discretion of the Committee and as provided in the
underlying Award Agreement, such dividends shall (i)&nbsp;upon the dividend payment date (or shortly thereafter), be paid such dividends
or (ii)&nbsp;be subject to the same performance conditions and/or service conditions, as applicable, to the underlying Restricted Stock
Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Upon each grant
of a Restricted Stock Award, the Committee shall fix the Vesting Conditions. The Committee also shall determine the manner in which the
grant recipient&rsquo;s contingent ownership of the awarded Common Stock shall be recorded until the Vesting Conditions have been satisfied.
If the Committee elects to issue certificates or use other records of ownership for the awarded shares of Common Stock, each certificate
or other record of ownership of Common Stock shall bear a legend or other disclosure to reflect the Vesting Conditions until all of the
Vesting Conditions are satisfied. The Committee also may require a written representation by the recipient that he or she is acquiring
the shares for investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; When the
Vesting Conditions with respect to shares of Common Stock held in escrow have been satisfied, a certificate or other record of
ownership for such shares shall be issued or created, free of any escrow; such certificate or other record shall not bear a legend
or other disclosure relating to the Vesting Conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; Unless otherwise
provided by the Committee at the time of grant, if a recipient dies, terminates employment with the Company because of disability, or
retires with good standing before the satisfaction of all of the applicable Vesting Conditions, the Vesting Conditions on any Restricted
Stock held by the recipient shall be considered satisfied (i)&nbsp;on the date of death, or (ii)&nbsp;on the date that employment terminates
because of disability or retirement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Each grant of Stock
Appreciation Rights shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee
for this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan,
as the Committee may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_011"></A>11.&emsp;Restricted
Stock Unit Awards</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Upon such conditions
and limitations it deems advisable, including the imposition of one or more Vesting Conditions, the Committee may authorize the grant
of Restricted Stock Units. Upon or following the satisfaction of all of the applicable Vesting Conditions, the holder of such Restricted
Stock Units shall receive one or more payments for each vested Restricted Stock Unit equal to the Fair Market Value per share of one share
of Common Stock on the date as of which the last of the applicable Vesting Conditions was satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Except as provided
in Paragraph 19, or as may be provided by the Committee at the time of grant, if the recipient&rsquo;s service with the Company or any
of its Subsidiaries terminates prior to the satisfaction of all of the Vesting Conditions for any reason other than death, disability,
or retirement in good standing, the recipient shall, on the date service terminates, forfeit and surrender to the Company the number of
Restricted Stock Units with respect to which the Vesting Conditions have not been satisfied as of the date service terminates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; A recipient of
Restricted Stock Units shall not be entitled to any dividends that might be payable with respect to Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; Unless otherwise
provided by the Committee at the time of grant, if a recipient dies, terminates employment with the Company because of disability, or
retires with good standing before the satisfaction of all of the applicable Vesting Conditions, the Vesting Conditions on any Restricted
Stock Units held by the recipient shall be considered satisfied (i)&nbsp;on the date of death, or (ii)&nbsp;on the date that employment
terminates because of disability or retirement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; Each grant of Restricted
Stock Units shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee for
this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan, as the
Committee may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><A NAME="a_012"></A><FONT STYLE="font-size: 14pt"><B>12.&emsp;Deferred
Stock Awards</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B><FONT STYLE="font-size: 10pt"> The Committee may make awards to
Directors, Eligible Employees or Advisors, in lieu of cash compensation for future services, in the form of freely-transferable
shares of Common Stock whose delivery is deferred for later distribution in accordance with the Director&rsquo;s, Eligible
Employee&rsquo;s or Advisor&rsquo;s election. A Director&rsquo;s deferral </FONT>and distribution elections, as well as all other
rights with respect to deferred Director compensation, shall be governed by the terms of the separate Community Bank
System,&nbsp;Inc. Deferred Compensation Plan for Directors, as that plan may be amended from time to time. Deferral and distribution
elections by Eligible Employees and Advisors shall be made pursuant to such separate plans or agreements as shall be acceptable to
the Committee in its sole discretion, taking into account the applicable provisions of Code Section&nbsp;409A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_013"></A><B>13.&emsp;Performance
Shares, Performance Share Units and Performance Units</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; Subject to the
terms and provisions of this Plan, the Committee, at any time and from time to time, may grant Performance Shares, Performance Share Units
and/or Performance Units (collectively referred to as &ldquo;Performance Awards&rdquo;) to Eligible Employees, Directors and/or Advisors
in such amounts and upon such terms as the Committee shall determine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Each Performance
Share and each Performance Share Unit shall have an initial value equal to the Fair Market Value of a share of Common Stock on the date
of grant. Each Performance Unit shall have an initial value that is established by the Committee at the time of grant. The Committee shall
set performance goals in its discretion which, depending on the extent to which they are met, will determine the value and/or number of
Performance Shares, Performance Share Units and/or Performance Units that will be paid out to the Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Subject to the
terms of this Plan, after the applicable Performance Period has ended, the holder of Performance Awards shall be entitled to receive payout
on the value and number of Performance Shares, Performance Share Units and/or Performance Units earned by the Participant over the Performance
Period, to be determined as a function of the extent to which the corresponding performance goals have been achieved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; Payment of earned
Performance Awards shall be as determined by the Committee and as evidenced in the Award Agreement. Subject to the terms of this Plan,
the Committee, in its sole discretion, may pay earned Performance Awards in the form of cash or in shares of Common Stock (or in a combination
thereof) equal to the value of the earned Performance Awards at the close of the applicable Performance Period. Payment shall be made
in accordance with the Award Agreement. Any shares of Common Stock may be granted subject to any restrictions deemed appropriate by the
Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; The Committee may
grant or limit the right of a recipient of a Performance Share Award to receive dividends declared on Common Stock underlying such Award
to the extent the Award is not yet vested. The terms of any right to dividends shall be as set forth in the applicable Award Agreement,
including the time and form of payment and whether such dividends shall be credited with interest or deemed to be reinvested in additional
Performance Shares. If the Committee grants the right of a recipient of a Performance Share Award to receive dividends declared on shares
of Common Stock subject to an unvested Performance Share Award, then, at the discretion of the Committee and as provided in the underlying
Award Agreement, such dividends shall (i)&nbsp;upon the dividend payment date (or shortly thereafter), be paid such dividends or (ii)&nbsp;be
subject to the same performance conditions, as applicable, to the underlying Performance Share Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Each grant of Performance
Awards shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated by the Committee for this
purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent with this Plan, as the Committee
may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><A NAME="a_014"></A><FONT STYLE="font-size: 14pt"><B>14.&emsp;Other
Stock-Based Awards</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; The Committee may
grant to Eligible Employees, Directors and/or Advisors other types of equity-based or equity-related Awards not otherwise described by
the terms of this Plan (including the grant or offer for sale of unrestricted shares of Common Stock) in such amounts and subject to such
terms and conditions, as the Committee shall determine. Such Awards may involve the transfer of actual shares of Common Stock to Participants,
or payment in cash or otherwise of amounts based on the value of shares of Common Stock and may include, without limitation, Awards designed
to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Each Other Stock-Based
Award shall be expressed in terms of shares of Common Stock or units based on shares of Common Stock, as determined by the Committee.
The Committee may establish performance goals in its discretion. If the Committee exercises its discretion to establish performance goals,
the number and/or value of Other Stock-Based Awards that will be paid out to the Participant will depend on the extent to which the performance
goals are met.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Payment, if any,
with respect to an Other Stock-Based Award shall be made in accordance with the terms of the Award, in cash or Shares as the Committee
determines. Payment shall be made in accordance with the Award Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; Each grant of Awards
under this Paragraph 14 of the Plan shall be evidenced by an Award Agreement executed on behalf of the Company by any officer designated
by the Committee for this purpose and delivered to and accepted by the grantee and shall contain such terms and provisions, consistent
with this Plan, as the Committee may approve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><A NAME="a_015"></A><B>15.&emsp;Dividend
Equivalents</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B><FONT STYLE="font-size: 10pt"> Any Participant selected by the Committee
may be granted dividend equivalents based on the dividends declared on shares of Common Stock that are subject to any Award, to be credited
or paid as of dividend payment dates, during the period between the date the Award is granted and the date the Award is exercised, vests
or expires, as determined by the Committee. Such dividend equivalents shall be converted to cash or additional shares of Common Stock
by such formula and at such time and subject to such limitations as may be determined by the Committee and shall be paid either upon
dividend payment date or accrued and paid to the extent the underlying Award becomes earned and vested. Notwithstanding the foregoing,
if any Award for which dividend equivalents have been granted has its vesting or grant dependent upon the achievement of one or more
Performance Measures, then the dividend equivalents shall accrue and only be paid to the extent the Award becomes earned and vested.
Under no circumstances may dividend equivalents be granted for any Option Right or Stock Appreciation Right.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_016"></A>16.&emsp;Performance
Measures</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp;The performance
goals upon which the payment or vesting of an Award granted to a Participant may include, but not be limited to, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">1. Net earnings or net income
(before or after taxes);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">2. Earnings per share;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">3. Earnings before or after
taxes, depreciation, and/or amortization;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">4. Net sales
or revenue growth (whether in general or by type of product or service or by type of customer);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">5. Revenues or sales;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">6. Net operating profit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">7. Net operating
income or net operating earnings per share (excluding acquisition expenses and other non-recurring charges);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">8. Return measures
(including, but not limited to, GAAP, operating, core or adjusted return on assets, regulatory capital, capital, tangible capital, invested
capital, equity, sales, or revenue);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">9. Cash flow
(including, but not limited to, operating cash flow, free cash flow, cash flow return on equity, and cash flow return on investment);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">10. Gross or operating margins;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">11. Productivity and financial
performance ratios;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">12. Share price (including,
but not limited to, growth measures and total shareholder return);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">13. Expense targets and
operating expenses;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">14. Margins (including,
but not limited to, net interest margin);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">15. Completion of acquisitions
of business or companies;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">16. Completion of divestitures
or asset sales;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">17. Asset quality metrics;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">18. Achievement of business
operational objectives;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">19. Operating efficiency;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">20. Deposit market share;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">21. Customer satisfaction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">22. Working capital targets
and change in working capital;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">23. Customer account growth
and new account openings; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">24. Any one or a combination
of any of the foregoing business criteria.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any Performance Measure(s)&nbsp;may be used to
measure the performance of the Company, Subsidiary, and/or any affiliate of the Company as a whole or any business unit of the Company,
Subsidiary, and/or affiliate or any combination thereof, as the Committee may deem appropriate, or any of the above Performance Measures
as compared to the performance of a group of comparator companies, or published or special index that the Committee, in its sole discretion,
deems appropriate, or the Company may select Performance Measure above as compared to various stock market indices. The Committee also
has the authority to provide for accelerated vesting of any Award based on the achievement of performance goals pursuant to the Performance
Measures specified in this Paragraph 16(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; The Committee
may provide in any such Award that any evaluation of performance may include or exclude any of the following events that occurs
during a Performance Period: (i)&nbsp;asset write-downs, (ii)&nbsp;litigation or claim judgments or settlements, (iii)&nbsp;the
effect of changes in tax laws, accounting principles, or other laws or provisions affecting reported results, (iv)&nbsp;any
reorganization and restructuring programs, (v)&nbsp;extraordinary nonrecurring items as described in FASB Accounting Standards
Codification 225-20 and/or in management&rsquo;s discussion and analysis of financial condition and results of operations appearing
in the Company&rsquo;s annual report to shareholders for the applicable year, (vi)&nbsp;acquisitions or divestitures, and
(vii)&nbsp;foreign exchange gains and losses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; In the event that
applicable tax and/or securities laws change to permit Committee discretion to alter the governing Performance Measures without obtaining
shareholder approval of such changes, the Committee shall have sole discretion to make such changes without obtaining shareholder approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_017"></A>17.&emsp;Transferability</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(a)&nbsp; <U>Transferability
of Awards</U></B>. Except as provided in Paragraph 17(b), Awards shall not be transferable other than by will or the laws of descent and
distribution or, subject to the consent of the Committee, pursuant to a domestic relations order entered into by a court of competent
jurisdiction. Notwithstanding the foregoing,&nbsp;ISOs may only be transferred by will or the laws of descent and during the lifetime
of the Participant may only be exercised by the Participant in accordance with Code Section&nbsp;422 and the applicable regulations thereunder.
No Awards shall be subject, in whole or in part, to attachment, execution or levy of any kind; and any purported transfer in violation
of this Paragraph 17(a)&nbsp;shall be null and void. The Committee may establish such procedures as it deems appropriate for a Participant
to designate a beneficiary to whom any amounts payable or shares of Common Stock deliverable in the event of, or following, the Participant&rsquo;s
death may be provided.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(b)&nbsp; <U>Committee
Action</U></B><U>.</U> The Committee may, in its discretion, approve a Participant&rsquo;s transfer, by gift, of an Award (except in the
case of an ISO which can only be transferred as provided above), on such terms and conditions as the Committee deems appropriate and to
the extent permissible and in compliance with Code Sections 409A and 83 and applicable securities laws and exchange rules, (i)&nbsp;to
an &ldquo;Immediate Family Member&rdquo; (as defined below) of the Participant, (ii)&nbsp;to an inter vivos or testamentary trust in which
the Award is to be passed to the Participant&rsquo;s designated beneficiaries, or (iii)&nbsp;to a charitable institution. Any transferee
of the Participant&rsquo;s rights shall succeed and be subject to all of the terms of the applicable Award Agreement and the Plan, including
restrictions on further transferability, compliance with applicable securities laws, and providing required investment representations.
 &ldquo;<U>Immediate Family Member</U>&rdquo; means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse,
sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive
relationships, a trust in which these persons have more than fifty (50%) percent of the beneficial interest, a foundation in which these
persons (or the Participant) control the management of assets, and any other entity in which these persons (or the Participant) own more
than fifty (50%) percent of the voting interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><B>(c)&nbsp;<U>Restrictions
on Share Transferability</U></B><U>.</U> The Committee may impose such restrictions on any shares of Common Stock acquired by a
Participant under the Plan as it may deem advisable, including, without limitation, minimum holding period requirements,
restrictions under applicable federal securities laws, under the requirements of any stock exchange or market upon which such shares
of Common Stock are then listed or traded or under any blue sky or state securities laws applicable to such shares of Common Stock,
provided no such restriction shall cause the shares of Common Stock not to be &ldquo;service recipient stock&rdquo; within the
meaning of Code Section&nbsp;409A to the extent applicable for Options and Stock Appreciation Rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_018"></A>18.&emsp;Adjustments</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B><FONT STYLE="font-size: 10pt">
The Committee shall make or provide for such adjustments in the maximum number of shares of Common Stock specified in Paragraph 5 of this
Plan, in the numbers of shares of Common Stock covered by other rights granted hereunder, and in the prices per share applicable under
all such rights, as the Committee determines is equitably required to prevent dilution or enlargement of the rights of Optionees that
otherwise would result from any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure
of the Company, merger, consolidation, spin-off, reorganization, partial or complete liquidation, issuance of rights or warrants to purchase
securities, or any other transaction or event having an effect similar to any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_019"></A>19.&emsp;Change
in Control</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp;Upon a Change in
Control all then-outstanding Awards shall immediately vest and be settled in accordance with paragraphs (i)&nbsp;and (ii)&nbsp;below,
except as may otherwise be provided in a then-effective written agreement (including an Award Agreement) between a Participant and the
Company. The immediately preceding sentence shall not apply the extent that another award meeting the requirements of Paragraph 19(b)&nbsp;(&ldquo;<U>Replacement
Award</U>&rdquo;) is provided to the Participant to replace an Award (&ldquo;<U>Replaced Award</U>&rdquo;) subject to Paragraphs 19(b)&nbsp;and
19(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(i)&nbsp;<U>Outstanding Awards
Subject Solely to a Service Condition</U>. Upon a Change in Control, a Participant&rsquo;s then-outstanding Awards, other than Options
and Stock Appreciation Rights, that are not vested and as to which vesting depends solely on the satisfaction of a service condition by
the Participant to the Company or any Affiliate shall become fully vested and shall be settled in cash, shares of Common Stock or a combination
thereof, as determined by the Committee as constituted immediately prior to the Change in Control, within thirty (30) days following such
Change in Control (except to the extent that settlement of the Award must be made pursuant to its original schedule in order to comply
with Code Section&nbsp;409A). Upon a Change in Control, a Participant&rsquo;s then-outstanding Options and Stock Appreciation Rights that
are not vested and as to which vesting depends solely on the satisfaction of a service obligation by the Participant to the Company or
any Affiliate shall immediately become fully vested and exercisable over the exercise period set forth in the applicable Award Agreement.
Notwithstanding the immediately preceding the sentence, the Committee may elect to cancel such outstanding Options or Stock Appreciation
Rights and pay the Participant an amount of cash (less normal withholding taxes) equal to the excess of (i)&nbsp;the value, as determined
by the Committee, of the consideration (including cash) received by the holder of a Share as a result of the Change in Control (or if
the Company shareholders do not receive any consideration as a result of the Change in Control, the Fair Market Value of a Share on the
day immediately prior to the Change in Control) over (ii)&nbsp;the exercise price of such Options or the grant price of such Stock Appreciation
Rights, multiplied by the number of Shares subject to each such Award in accordance with Code Section&nbsp;409A to the extent applicable.
No payment shall be made to a Participant for any Option or Stock Appreciation Right if the exercise price or grant price for such Option
or Stock Appreciation Right, respectively, exceeds the value, as determined by the Committee, of the consideration (including cash) received
by the holder of a Share as a result of Change in Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(ii)&nbsp;<U>Outstanding
Awards Subject to a Performance Condition</U>. Upon a Change in Control, a Participant&rsquo;s then-outstanding Awards, other than Options
and Stock Appreciation Rights, that are not vested and as to which vesting depends upon the satisfaction of one or more performance conditions
shall immediately vest and all performance conditions shall be deemed satisfied as if target performance was achieved, and shall be settled
in cash, shares or a combination thereof, as determined by the Committee, within thirty (30) days following such Change in Control (except
to the extent that settlement of the Award must be made pursuant to its original schedule in order to comply with Code Section&nbsp;409A)
, notwithstanding that the applicable performance period, retention period or other restrictions and conditions have not been completed
or satisfied. Upon a Change in Control, a Participant&rsquo;s then-outstanding Options and Stock Appreciation Rights that are not vested
and as to which vesting depends upon the satisfaction of one or more performance conditions shall immediately vest and all performance
conditions shall be deemed satisfied as if target performance was achieved. Such vested Options and/or Stock Appreciation Rights shall
be deemed exercised as of the date of the Change in Control and shall be settled cash within thirty (30) days following such Change in
Control (except to the extent that settlement of the Award must be made pursuant to its original schedule in order to comply with Code
Section&nbsp;409A) in an amount equal to the excess of (i)&nbsp;the value, as determined by the Committee, of the consideration (including
cash) received by the holder of a Share as a result of the Change in Control (or if the Company shareholders do not receive any consideration
as a result of the Change in Control, the Fair Market Value of a Share on the day immediately prior to the Change in Control) over (ii)&nbsp;the
exercise price of such Options or the grant price of such Stock Appreciation Rights, multiplied by the number of Shares subject to each
such Award in accordance with Code Section&nbsp;409A to the extent applicable. No payment shall be made to a Participant for any Option
or Stock Appreciation Right if the exercise price or grant price for such Option or Stock Appreciation Right, respectively, exceeds the
value, as determined by the Committee, of the consideration (including cash) received by the holder of a Share as a result of Change in
Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; An Award shall
meet the conditions of this Paragraph 19(b)&nbsp;(and hence qualify as a Replacement Award) if: (i)&nbsp;it is of the same type as the
Replaced Award (or, if it is of a different type as the Replaced Award (such as a deferred cash equivalent award) , the Committee, as
constituted immediately prior to the Change in Control, finds such type acceptable); (ii)&nbsp;it has a value at least equal to the value
of the Replaced Award; (iii)&nbsp;it relates to publicly traded equity securities listed on a U.S. national securities exchange of the
Company or its successor in the Change in Control or another entity that is affiliated with the Company or its successor following the
Change in Control, except in the case of a Replacement Award granted in the form of a deferred cash equivalent award; (iv)&nbsp;its terms
and conditions comply with Paragraph 19(c); and (v)&nbsp;its other terms and conditions are not less favorable to the grantee than the
terms and conditions of the Replaced Award (including the provisions that would apply in the event of a subsequent Change in Control).
Without limiting the generality of the foregoing, the Replacement Award may take the form of a continuation of the Replaced Award if the
requirements of the preceding sentence are satisfied. The determination of whether the conditions of this Paragraph 19(b)&nbsp;are satisfied
shall be made by the Committee, as constituted immediately before the Change in Control, in its sole discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Upon a
Participant&rsquo;s involuntary termination without Cause or voluntary termination for Good Reason occurring at any time following
the Change in Control, all Replacement Awards held by the Participant shall become fully vested and free of restrictions and, in the
case of Replacement Awards in the form of (i)&nbsp;stock options or stock appreciation rights shall be fully exercisable,
(ii)&nbsp;performance-based Awards shall be deemed to be satisfied at target performance and paid upon or within 60 days of such
Termination of Service, (iii)&nbsp;service-based Awards (other than stock options or stock appreciation rights) shall be paid upon
or within 60 days of such Termination of Service. Notwithstanding the foregoing, with respect to any Award that is considered
deferred compensation subject to Code Section&nbsp;409A, settlement of such Award shall be made pursuant to its original schedule if
necessary to comply with Code Section&nbsp;409A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp; For purpose of
this Plan, a &ldquo;<U>Change in Control</U>&rdquo; shall mean the occurrence of any one of the following events:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(i)&nbsp;An acquisition by
any individual, entity or group (within the meaning of Section&nbsp;13(d)&nbsp;(3)&nbsp;or 14(d)&nbsp;(2)&nbsp;of the Exchange Act) (a
 &ldquo;<U>Person</U>&rdquo;) of beneficial ownership (within the meaning of Rule&nbsp;13d-3 promulgated under the Exchange Act) of 30%
or more of the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election
of directors (the &ldquo;Outstanding Company Voting Securities&rdquo;); excluding, however, the following: (1)&nbsp;any acquisition directly
from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the security being so converted
was itself acquired directly from the Company, (2)&nbsp;any acquisition by the Company, (3)&nbsp;any acquisition by any employee benefit
plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company, or (4)&nbsp;any acquisition pursuant
to a transaction which complies with clauses (1), (2)&nbsp;and (3)&nbsp;of subsection (iii)&nbsp;of this Section&nbsp;19(d); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(ii)&nbsp;A change in the
composition of the Board such that the individuals who, as of the Effective Date, constitute the Board (such Board being hereinafter referred
to as the &ldquo;<U>Incumbent Board</U>&rdquo;) cease for any reason to constitute at least a majority of the Board; provided, however,
for purposes of this Paragraph 19(d)(ii), that any individual who becomes a member of the Board subsequent to the Effective Date, whose
election, or nomination for election by the Company&rsquo;s shareholders, was approved by a vote of at least a majority of those individuals
who are members of the Board and who were also members of the Incumbent Board (or deemed to be such pursuant to this provision) shall
be considered as though such individual were a member of the Incumbent Board; but, provided further, that any such individual whose initial
assumption of office occurs as a result of either an actual or threatened election contest (as such terms are used in Rule&nbsp;14a-11
of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies or consents by or on behalf
of a Person other than the Board shall not be so considered as a member of the Incumbent Board; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(iii)&nbsp;Consummation
of a reorganization, merger or consolidation of the Company or sale or other disposition of all or substantially all of the assets
of the Company (&ldquo;<U>Corporate Transaction</U>&rdquo;); excluding, however, such a Corporate Transaction pursuant to which
(1)&nbsp;all or substantially all of the individuals and entities who are the beneficial owners, respectively, of the Outstanding
Company Voting Securities immediately prior to such Corporate Transaction will beneficially own, directly or indirectly, more than
70% of, respectively, the outstanding shares of common stock, and the combined voting power of the then outstanding voting
securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such
Corporate Transaction (including, without limitation, a corporation which as a result of such transaction owns the Company or all or
substantially all of the Company&rsquo;s assets either directly or through one or more subsidiaries) in substantially the same
proportions as their ownership, immediately prior to such Corporate Transaction, of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, (2)&nbsp;no Person (other than the Company, any employee benefit plan (or
related trust) of the Company or such corporation resulting from such Corporate Transaction) will beneficially own, directly or
indirectly, 30% or more of, respectively, the outstanding shares of common stock of the corporation resulting from such Corporate
Transaction or the combined voting power of the outstanding voting securities of such corporation entitled to vote generally in the
election of directors except to the extent that such ownership existed prior to the Corporate Transaction, and (3)&nbsp;individuals
who were members of the Incumbent Board will constitute at least a majority of the members of the board of directors of the
corporation resulting from such Corporate Transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding any of the foregoing, however,
in any circumstance or transaction in which compensation resulting from or in respect of an Award would result in the imposition of an
additional tax under Code Section&nbsp;409A if the foregoing definition of &ldquo;Change in Control&rdquo; were to apply, but would not
result in the imposition of any additional tax if the term &ldquo;Change in Control&rdquo; were defined herein to mean a &ldquo;change
in control event&rdquo; within the meaning of Treasury Regulation Section&nbsp;1.409A-3(i)(5)&nbsp;, then &ldquo;Change in Control&rdquo;
shall mean a &ldquo;change in control event&rdquo; within the meaning of Treasury Regulation Section&nbsp;1.409A-3(i)(5), but only to
the extent necessary to prevent such compensation from becoming subject to an additional tax under Code Section&nbsp;409A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; For purposes of
this Paragraph 19, &ldquo;good reason&rdquo; shall mean action taken by the Company that results in: (1)&nbsp;an involuntary and material
adverse change in the Eligible Employee&rsquo;s title, duties, responsibilities, or total remuneration; (2)&nbsp;an involuntary and material
relocation of the office from which the Eligible Employee is expected to perform the Eligible Employee&rsquo;s duties; or (3)&nbsp;an
involuntary and material adverse change in the general working conditions (including travel requirements) applicable to the Eligible Employee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; Termination &ldquo;for
cause&rdquo; for purposes of this Paragraph 19 shall include, but not be limited to, any of the following: (1)&nbsp;any act of dishonesty,
misconduct or fraud, acts of moral turpitude, or the commission of a felony; (2)&nbsp;unreasonable neglect or refusal to perform the duties
assigned to the Eligible Employee, unless cured within 30 days; (3)&nbsp;breach of duty or obligation to the Company or receipt of financial
or other economic profit or gain as a result of or in any way arising out of the Eligible Employee&rsquo;s position with the Company and
failure to account to the Company for such profits or other gains; or (4)&nbsp;disclosure of confidential or private Company information
or aiding a competitor of the Company (or any affiliate of the Company) to the detriment of the Company (or any affiliate of the Company).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_020"></A>20.&emsp;Fractional
Shares</B></FONT><B><FONT STYLE="font-size: 10pt">.</FONT></B><FONT STYLE="font-size: 10pt"> The Company shall not be required to issue
any fractional shares of Common Stock pursuant to this Plan. The Committee may provide for the elimination of fractions or for the settlement
of fractions in cash.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 14pt"><B><A NAME="a_021"></A>21.&emsp;Administration
of the Plan</B></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp; This Plan
shall be administered by the Committee, which shall consist of at least three members of the Board of Directors each of whom shall
(i)&nbsp;meet the independence requirements of the New York Stock Exchange listing standards and any other applicable laws,
rules&nbsp;and regulations governing independence, as determined by the Board of Directors; and (ii)&nbsp;qualify as
 &ldquo;non-employee directors&rdquo; as defined under Section&nbsp;16 of the Exchange Act. Members of the Committee and the Chair of
the Committee shall be appointed by the Board of Directors and may be replaced at any time by the Board of Directors. At any time
deemed necessary or appropriate by the Board of Directors, the full Board of Directors may act as the Committee. The Committee may
employ attorneys, consultants, accountants, agents, and other individuals, any of whom may be an Employee, and the Committee, the
Company, and its officers and Directors shall be entitled to rely upon the advice, opinions, or valuations of any such individuals.
All actions taken and all interpretations and determinations made by the Committee shall be final and binding upon the Participants,
the Company, and all other interested individuals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; The Committee shall
have full and exclusive discretionary power to interpret the terms and the intent of this Plan and any Award Agreement or other agreement
or document ancillary to or in connection with this Plan, to determine eligibility for Awards and to adopt and interpret such rules, regulations,
forms, instruments, and guidelines for administering this Plan as the Committee may deem necessary or proper. Such authority shall include,
but not be limited to, (i)&nbsp;selecting Award recipients, (ii)&nbsp;establishing all Award terms and conditions, including the terms
and conditions set forth in Award Agreements and any ancillary document or materials, (iii)&nbsp;granting Awards as an alternative to
or as the form of payment for grants or rights earned or due under compensation plans or arrangements of the Company, (iv)&nbsp;construing
any ambiguous provision of the Plan or any Award Agreement, (v)&nbsp;subject to Paragraph 22, adopting modifications and amendments to
this Plan or any Award Agreement, including without limitation, any that are necessary to comply with the laws of the countries and other
jurisdictions in which the Company, its affiliates, and/or its Subsidiaries operate, (vi)&nbsp;waiving any restrictions, conditions, limitations,
vesting conditions and performance conditions imposed on an Award at the time the Award is granted or at any time thereafter, including
upon, or in connection with, a termination of employment and, (vii)&nbsp;making any other determination and taking any other action that
it deems necessary or desirable for the administration or operation of the Plan and/or any Award Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; To the extent consistent
with applicable Code requirements, the Committee may delegate to one or more of its members or to one or more officers of the Company,
and/or its Subsidiaries and affiliates or to one or more agents or advisors such administrative duties or powers as it may deem advisable,
and the Committee or any individuals to whom it has delegated duties or powers as aforesaid may employ one or more individuals to render
advice with respect to any responsibility the Committee or such individuals may have under this Plan. The Committee may, by resolution,
authorize one or more officers of the Company to do one or both of the following on the same basis as can the Committee: (i)&nbsp;designate
Eligible Employees to be recipients of Awards; and (ii)&nbsp;determine the size of any such Awards; provided, however, (I)&nbsp;the Committee
shall not delegate such responsibilities to any such officer for Awards granted to a Nonemployee Director, an Advisor or an Eligible Employee
who is considered an Insider; (II)&nbsp;the resolution providing such authorization sets forth the total number of shares of Common Stock
and/or Awards such officer(s)&nbsp;may grant; (III)&nbsp;the officer(s)&nbsp;shall report periodically to the Committee regarding the
nature and scope of the shares of Common Stock and/or Awards granted pursuant to the authority delegated; and (IV)&nbsp;no delegation
shall be effective to the extent inconsistent with applicable Code requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp;
Notwithstanding any other provision of this Plan, the Committee may impose such conditions on the exercise of any right granted
hereunder (including, without limitation, the right of the Committee to limit the time of exercise to specified periods) as may be
required to satisfy the requirements of applicable law, including Section&nbsp;16 (or any successor rule) of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; The Company shall
have the power and the right to deduct or withhold, or require a Participant to remit to the Company, the minimum statutory amount to
satisfy federal, state, and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable
event arising as a result of this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; The Company shall
have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy
applicable federal, state and local tax withholding requirements, domestic or foreign, with respect to any taxable event arising as a
result of the grant, vesting, exercise or settlement of an Award to the Participant under the Plan. Unless otherwise required by the Committee,
the Company may withhold, or permit a Participant to elect to have withheld from a &ldquo;Share Payment&rdquo; the number of Shares having
a Fair Market Value equal to the minimum statutory withholding requirements. Notwithstanding the immediately preceding sentence, the Company,
in its discretion, may withhold Shares or permit a Participant to elect to have withheld from a Share Payment, the number of Shares having
a Fair Market Value up to, but not in excess of, the maximum statutory withholding requirements. The term Share Payment shall mean the
issuance or delivery of Shares upon the grant, vesting, exercise or settlement of an Award, as the case may be. All Participant elections
under this paragraph (f)&nbsp;shall be irrevocable, and shall be subject to any restrictions or limitations that the Committee, in its
sole discretion, deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><B><A NAME="a_022"></A>22.&emsp;Amendments, Termination, Etc</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(a)&nbsp;The Board of Directors
and/or the Committee may, at any time and from time to time, alter, amend, modify, suspend, or terminate this Plan and/or any Award Agreement
in whole or in part; provided, however, that no material amendment of this Plan shall be made without shareholder approval if shareholder
approval is required by applicable law, regulation, or stock exchange rule. By accepting an Award under this Plan, a Participant agrees
to any amendment made pursuant to this Paragraph 22 to any Award granted under the Plan without further consideration or action. This
Plan, however, shall not be the exclusive means by which the Board of Directors or the Compensation Committee of the Board of Directors
may authorize the grant of stock options, restricted stock or other equity, equity-based or incentive compensation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp; Notwithstanding
any other provision of the Plan to the contrary, (i)&nbsp;the Plan may be terminated at any time by resolutions of the Board of Directors,
and (ii)&nbsp;no rights shall be granted pursuant to this Plan after May&nbsp;18, 2032.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&nbsp; Notwithstanding
any other provision of the Plan to the contrary (other than Paragraph 22(f)), no termination, amendment, suspension, or modification of
the Plan or an Award Agreement shall adversely affect in any material way any Award previously granted under the Plan, without the written
consent of the Participant holding such Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(d)&nbsp;
Notwithstanding any other provision of the Plan to the contrary, the Board of Directors may amend the Plan or an Award Agreement, to
take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of conforming the Plan or an Award
Agreement to any present or future law relating to plans of this or similar nature (including, but not limited to, Code
Section&nbsp;409A), and to the administrative regulations and rulings promulgated thereunder. By accepting an Award under the Plan,
a Participant agrees to any amendment made pursuant to this Paragraph 22(d)&nbsp;to any Award granted under the Plan without further
consideration or action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(e)&nbsp; The Board of Directors
intends that awards granted pursuant to this Plan shall be exempt from, or satisfy the applicable requirements of, Code Section&nbsp;409A.
The Plan shall be interpreted and applied to carry out such intent. Accordingly, by way of example and not limitation, to the extent that
Code Section&nbsp;409A applies (i)&nbsp;distributions of benefits payable following an employee&rsquo;s termination of employment shall
commence as of the date required by this Plan and any implementing Award Agreement or, if later, the earliest date permitted by Code Section&nbsp;409A
(generally six months after termination, if the employee is a &ldquo;specified employee&rdquo; within the meaning of Code Section&nbsp;409A),
and (ii)&nbsp;the phrase &ldquo;termination of employment&rdquo; (and similar terms and phrases) shall be construed to mean &ldquo;separation
from service&rdquo; within the meaning of Code Section&nbsp;409A. Notwithstanding anything statement herein, the Company and Committee
make no representations that Awards granted under the Plan shall be exempt from or comply with Section&nbsp;409A of the Code and make
no undertaking to preclude Section&nbsp;409A of the Code from applying to Awards granted under the Plan and shall not be liable for any
penalties or costs to a Participant resulting from the application of Section&nbsp;409A to the Plan or any Award granted hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(f)&nbsp; The Committee may
specify in an Award Agreement that the Participant&rsquo;s rights, payments, and benefits with respect to an Award shall be subject to
reduction, cancellation, forfeiture, or transfer upon the occurrence of certain specified events, in addition to any otherwise applicable
vesting or performance conditions of an Award. Such events may include, but shall not be limited to, termination of employment for cause,
termination of the Participant&rsquo;s provision of services to the Company, any affiliate of the Company, and/or Subsidiary, violation
of material Company, any affiliate of the Company, and/or Subsidiary policies, breach of noncompetition, confidentiality, or other restrictive
covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of
the Company, its affiliates, and/or its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(g)&nbsp; Any Award pursuant
to this Plan shall be subject to the Company&rsquo;s Policy on Recoupment of Incentive-Based Compensation, as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(h)&nbsp; In the event that
any one or more of the provisions of this Plan shall be or become invalid, illegal or unenforceable in any respect, the validity, legality
and enforceability of the remaining provisions contained herein shall not be affected thereby. If, in the opinion of any court of competent
jurisdiction such covenants are not reasonable in any respect, such court shall have the right, power and authority to excise or modify
such provision or provisions of these covenants as to the court shall appear not reasonable and to enforce the remainder of these covenants
as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(i)&nbsp; The Plan, the
granting and exercising of Awards thereunder, and any obligations of the Company under the Plan, shall be subject to all applicable
federal and state laws, rules, and regulations, and to such approvals by any regulatory or governmental agency as may be required,
and to any rules&nbsp;or regulations of any exchange on which the Shares are listed. The Company, in its discretion, may postpone
the granting and exercising of Awards, the issuance or delivery of shares of Common Stock under any Award or any other action
permitted under the Plan to permit the Company, with reasonable diligence, to complete such stock exchange listing or registration
or qualification of such shares of Common Stock or other required action under any federal or state law, rule, or regulation and may
require any Participant to make such representations and furnish such information as it may consider appropriate in connection with
the issuance or delivery of shares of Common Stock in compliance with applicable laws, rules, and regulations. The Company shall not
be obligated by virtue of any provision of the Plan to recognize the exercise of any Award or to otherwise sell or issue shares of
Common Stock in violation of any such laws, rules, or regulations, and any postponement of the exercise or settlement of any Award
under this provision shall not extend the term of such Awards. Neither the Company nor its directors or officers shall have any
obligation or liability to a Participant with respect to any Award (or shares of Common Stock issuable thereunder) that shall lapse
because of such postponement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(j)&nbsp; Nothing in the
Plan shall be construed to limit the right of the Company to establish other plans or to pay compensation to its employees, in cash or
property, in a manner which is not expressly authorized under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(k)&nbsp; Nothing in this
Plan shall be construed to: (i)&nbsp;limit, impair, or otherwise affect the Company&rsquo;s or a Subsidiary&rsquo;s or an affiliate&rsquo;s
right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or
consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, (ii)&nbsp;limit the right or power
of the Company or a Subsidiary or an affiliate to take any action which such entity deems to be necessary or appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(l)&nbsp; The Committee may
require any individual receiving shares of Common Stock pursuant to an Award under this Plan to represent and warrant in writing that
the individual is acquiring the shares of Common Stock for investment and without any present intention to sell or distribute such shares
of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(m)&nbsp; To the extent that
this Plan provides for issuance of certificates to reflect the transfer of shares of Common Stock, the transfer of such shares of Common
Stock may be effected on a noncertificated basis, to the extent not prohibited by applicable law or the rules&nbsp;of any stock exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(n)&nbsp; Participants shall
have no right, title, or interest whatsoever in or to any investments that the Company, and/or its Subsidiaries, and/or its affiliates
may make to aid it in meeting its obligations under this Plan. Nothing contained in this Plan, and no action taken pursuant to its provisions,
shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary,
legal representative, or any other individual. To the extent that any individual acquires a right to receive payments from the Company,
its Subsidiaries, and/or its affiliates under this Plan, such right shall be no greater than the right of an unsecured general creditor
of the Company, a Subsidiary, or an affiliate, as the case may be. All payments to be made hereunder shall be paid from the general funds
of the Company, a Subsidiary, or an affiliate, as the case may be and no special or separate fund shall be established and no segregation
of assets shall be made to assure payment of such amounts except as expressly set forth in this Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(o)&nbsp; Except as may otherwise
be specifically stated under any employee benefit plan, policy or program, no amount payable in respect of any Award shall be treated
as compensation for purposes of calculating a Participant&rsquo;s right under any such plan, policy or program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(p)&nbsp; To the extent permitted
by applicable law, the Company may (i)&nbsp;deliver by email or other electronic means (including posting on a web site maintained by
the Company or by a third party under contract with the Company) all documents relating to the Plan or any Award thereunder (including
without limitation, prospectuses required by the U.S. Securities and Exchange Commission) and all other documents that the Company is
required to deliver to its security holders (including without limitation, annual reports and proxy statements), and (ii)&nbsp;permit
Participants to electronically execute applicable Plan documents (including, but not limited to, Award Agreements) in a manner prescribed
by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(q)&nbsp; Notwithstanding
any provision of the Plan to the contrary, the Company, its affiliates and Subsidiaries, the Board and the Committee neither represent
nor warrant the tax treatment under any federal, state, local or foreign laws and regulations thereunder (individually and collectively
referred to as the &ldquo;Tax Laws&rdquo;) of any Award granted or any amounts paid to any Participant under the Plan including, but
not limited to, when and to what extent such Awards or amounts may be subject to tax, penalties and interest under the Tax Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(r)&nbsp; Subject to requirements
of Delaware state law, each individual who is or shall have been a member of the Board, or a committee appointed by the Board, or an officer
of the Company to whom authority was delegated in accordance with this Plan, shall be indemnified and held harmless by the Company against
and from any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting
from any claim, action, suit, or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action
taken or failure to act under this Plan and against and from any and all amounts paid by him or her in settlement thereof, with the Company&rsquo;s
approval, or paid by him or her in satisfaction of any judgment in any such action, suit, or proceeding against him or her, provided he
or she shall give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle
and defend it on his/her own behalf, unless such loss, cost, liability, or expense is a result of his/her own willful misconduct or except
as expressly provided by statute. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification
to which such individuals may be entitled under the Company&rsquo;s Certificate of Incorporation or Bylaws, as a matter of law, or otherwise,
or any power that the Company may have to indemnify them or hold them harmless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(s)&nbsp; This Plan shall be construed and governed
in accordance with the laws of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(t)&nbsp; The jurisdiction
of any proceeding arising out of, or with respect to, this Plan shall be in a court of competent jurisdiction in New York State, and venue
shall be in Onondaga County. Each party shall be subject to the personal jurisdiction of the courts of New York State.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 28; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !) 1L# 2(  A$! Q$!_\0
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M'/J2?Y#BN;0K!\=Y?/&#/IH$!/?&,X_[Y:O0JZ#B,?6_"FC^(+1X-0L87W#
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3 %%%% !1110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !- 2D# 2(  A$! Q$!_\0
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M:E6_)%LZ"BFQR)+&LD;!D895@<@BG59D%%%17%S!9P--=31PQ+]YY&"J/Q-
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MM1W&E6%W9M:7%G!);LNTQF,;<?2N%^&(;2M<\2^'UD9[:RN0\ 8YV@DC^0%
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9T4 %%%% !1110 4444 %%%% !1110!__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
