Company: PNBK
Filing Date: 2025-05-19
Form Type: 8-K
Source: 0001171843-25-003304
Chunk: 3

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-05-19
Form: 8-K
Item: Item 5.02
Chunk 3
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 the extent the Plan has been approved by the Company’s shareholders, one share of Common Stock for each RSU that vested.

The Employment Agreements also contain certain termination,
claw back, confidentiality and other customary provisions.

The foregoing description of the Employment Agreements does not purport to be complete and is qualified in its entirety by reference to
the full text of these documents, copies of which are attached to this Current Report on Form 8-K asExhibit 10.1andExhibit 10.2, respectively,
and incorporated by reference herein.