Exhibit 10.1
Notice of Grant of Restricted Stock Award, Performance-based Equity Award, and Performance-based Cash Award |
Name Address City, State Zip |
|
Subject to the terms and conditions of the 2022 Equity Incentive Plan and the Farmers National Banc Corp. Long-Term Incentive Plan (the “Plans”) and the accompanying Restricted Stock Award Agreement, Performance-based Equity Award Agreement, and Performance-based Cash Award Agreement (the “Award Agreements”), you have been granted Shares of Restricted Stock, Performance-based Shares, and a Performance-based Cash Award (collectively, the “Awards”) as follows:
Grant Date: |
February , 2023 |
Number of Shares: |
Your Awards consist of the following: Shares of Restricted Stock Performance-based Shares $ __Target Performance-based Cash |
Vesting Schedule: |
Your Awards of Shares of Restricted Stock, Performance-based Shares, and Performance-based Cash will be subject to vesting on February, 2026 (Normal Vesting Date). |
Settlement: |
Your Awards will be settled in Shares or Cash, depending on the Award, as described in the respective Award Agreements. |
This Notice of Grant and the accompanying Award Agreements describe your Awards and the terms and conditions of your Awards. To ensure you fully understand these terms and conditions, you should:
You may contact Mark Nicastro by telephone (330-533-5025) or email (mnicastro@farmersbankgroup.com) if you have any questions about your Award or Award Agreement.