Company: CCNE
Filing Date: 2025-03-03
Form Type: S-4/A
Source: 0001193125-25-044149
Chunk: 396

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-03
Form: S-4/A
Chunk 396
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 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 Awards.

2.35 “Person” shall mean an individual, a corporation, a partnership, a limited liability company, an association, a trust, or any other entity or organization, including a government or political subdivision or an agency or instrumentality thereof; provided that, for purposes of Section2.9, Person shall have the meaning set forth in Sections 13(d) and 14(d)(2) of the Exchange Act.

2.36 “Plan” shall mean this CNB Financial Corporation 2025 Omnibus Incentive Plan, as amended from time to time.

2.37 “Prior Plan” shall mean the CNB Financial Corporation 2019 Omnibus Incentive Plan.

2.38 “Restricted Period” shall mean a period of time established by the Committee during which an Award of Restricted Stock, Restricted Stock Units, or Deferred Stock Units is subject to restrictions.

2.39 “Restricted Stock” shall mean shares of Stock awarded to a Grantee pursuant to Section10.

2.40 “Restricted Stock Unit” shall mean a bookkeeping entry representing the equivalent of one (1) share of Stock awarded to a Grantee pursuant to Section10 that may be settled, subject to the terms and conditions of the applicable Award Agreement, in shares of Stock, cash, or a combination thereof.

2.41 “SAR Price” shall mean the per share exercise price of a SAR.

2.42 “Securities Act” shall mean the Securities Act of 1933, as now in effect or as hereafter amended, and any successor thereto.

2.43 “Securities Market” shall mean an established securities market.

2.44 “Separation from Service” shall have the meaning set forth in Code Section 409A.

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