Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 375

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 375
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 the date as of which the
Committee approves the Award, (b) the date on which the recipient of an Award first becomes eligible to receive an Award under Section6 hereof, or (c) such subsequent date specified by the Committee in the
corporate action approving the Award.

2.23 “Grantee” shall mean a Person who receives or holds an Award under the
Plan.

2.24 “Incentive Stock Option” shall mean an “incentive stock option” within the meaning of Code
Section 422.

2.25 “Nonqualified Stock Option” shall mean an Option that is not an Incentive Stock Option.

2.26 “Non-EmployeeDirector” shall have the meaning set forth in Rule 16b-3 under the Exchange Act.

2.27 “Officer” shall have the meaning set forth
in Rule 16a-1(f) under the Exchange Act.

2.28 “Option” shall mean an
option to purchase one or more shares of Stock at a specified Option Price awarded to a Grantee pursuant to Section8.

2.29 “Option Price” shall mean the per share exercise price for shares of Stock subject to an Option.

2.30 “Other Agreement” shall mean any agreement, contract, or understanding heretofore or hereafter entered into by a
Grantee with the Company or an Affiliate, except an agreement, contract, or understanding that expressly addresses Code Section 280G and/or Code Section 4999.

D-4

2.31 “Other Equity-Based Award” shall mean an Award representing a
right or other interest that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on or related to Stock, other than an Option, a Stock Appreciation Right, Restricted Stock, a Restricted Stock Unit, a
Deferred Stock Unit, Unrestricted Stock, or a Dividend Equivalent Right.

2.32 “Parachute Payment” shall mean a
“parachute payment” within the meaning of Code Section 280G(b)(2).

2.33 “Performance-Based Award”
shall mean an Award made subject to the achievement of performance conditions over a Performance Period specified by the Committee.

2.34 “Performance Period” shall mean the period of time, up to ten (10) years, during or over which the
performance goals under Performance-Based Awards must be met in order to determine the degree of payout and/or vesting with respect to any such Performance-Based