Document:

Second Amendment to Amended and Restated  Employment Agreement

 Exhibit 10.22(b) 
 SECOND AMENDMENT TO 
 AMENDED AND RESTATED 
 EMPLOYMENT AGREEMENT 
 This Second Amendment
to Amended and Restated Employment Agreement (the “Amendment”) is made and entered into as of the 12th day of July, 2006 by and between Casey’s General Stores, Inc., an Iowa corporation (the “Company”) and Ronald M. Lamb
(“Lamb”). 
 WHEREAS, the Company and Lamb are parties to an Amended and Restated Employment Agreement dated as of October 24,
1997, as amended by a First Amendment to Amended and Restated Employment Agreement dated as of March 26, 1998 (together, the “Agreement”), providing for Lamb’s employment as Chief Executive Officer of the Company under the terms
and conditions set forth therein; and 
 WHEREAS, the Company and Lamb have agreed that, effective as of June 21, 2006, Lamb shall cease
his service as Chief Executive Officer of the Company and shall assume the responsibilities of Chairman of the Executive Committee. 
 NOW,
THEREFORE, in consideration of the mutual covenants and agreements set forth in this Amendment, the parties hereto agree as follows: 
 1.         Amendment of Section 3 of Agreement. The first paragraph of Section 3 of the Agreement is hereby amended to read as follows: 
 3.         Duties of Lamb. During the period of his employment in the capacity as Chairman of the
Executive Committee, Lamb will perform his duties to the best of his ability, subject to the control of the Board of Directors. It is agreed and understood that Lamb shall act as liaison between the Chief Executive Officer of the Company and the
Board of Directors to assure that all matters for consideration are communicated to members on a timely basis. At times when neither the Board of Directors nor the Executive Committee are in session, Lamb shall be available to receive the report of
the Chief Executive Officer on their behalf. In addition, Lamb shall have such other duties and responsibilities as shall be mutually determined by the Board of Directors and Lamb from time to time, 

 
and Lamb shall at all times serve the best interests of the Company. Lamb shall continue to occupy his present office, and shall at all times have such
authority and discretion as is required in the carrying out of Lamb’s duties in a proper and efficient manner, subject to review by the Board of Directors. 
 2. Other References to Position as Chief Executive Officer. All other references in the Agreement to Lamb’s position and service as Chief Executive Officer of the Company are hereby amended so as to
hereafter refer to Lamb’s position and service as Chairman of the Executive Committee. 
 3. Ratification. Except as set forth
herein, the terms and conditions of the Agreement are hereby ratified, confirmed and approved. 
 4. Effective Date of Amendment. The
amendments provided for herein shall be deemed effective as of June 21, 2006. 
 IN WITNESS WHEREOF, the respective parties have caused
this Amendment to be executed as of the day and year first above written. 
  

			
	CASEY’S GENERAL STORES, INC.
		
	By:	 	 /s/ Robert J. Myers 

		 	 Robert J. Myers, Chief Executive Officer

 ATTEST: 

			
		
	By:	 	 /s/ John G. Harmon

		 	 John G. Harmon, Corporate Secretary

			
		
	By:	 	 /s/ Ronald M. Lamb

		 	 Ronald M. LambThird Amendment to Amended and Restated Employment Agreement

 Exhibit 10.24(b) 
 THIRD AMENDMENT TO 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 This Third Amendment to Amended and Restated Employment Agreement (the “Third Amendment”) is made and entered into as of the 12th day of July,
2006, by and between Casey’s General Stores, Inc., an Iowa corporation (the “Company”) and John G. Harmon (“Harmon”). 
 WHEREAS, the Company and Harmon are parties to an Amended and Restated Employment Agreement dated as of October 24, 1997, as amended by a First Amendment to Amended and Restated Employment Agreement dated as of June 12, 2001 and a
Second Amendment to Amended and Restated Employment Agreement dated as of July 8, 2004 (together, the “Agreement”), providing for Harmon’s employment as Corporate Secretary of the Company under the terms and conditions set forth
therein; and 
 WHEREAS, the Agreement currently provides for Harmon to be employed thereunder until August 1, 2007; and 
 WHEREAS, the Company and Harmon now have agreed to extend the term of the Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in this Third Amendment, the parties hereto agrees as follows:

 1.         Amendment of Section 2 of Agreement. Section 2 of the Agreement is
hereby amended to read as follows: 
  

	 	2.	Employment and Term. The Company agrees to employ Harmon, and Harmon agrees to serve the Company, as Senior Vice President and Secretary of the Company until March 1,
2014, unless his employment is otherwise terminated as provided herein. 

 2.        
Ratification. Except as set forth herein, the terms and conditions of the Agreement are hereby ratified, confirmed and approved. 

 3. Effective Date of Third Amendment. The Third Amendment provided for herein shall be deemed
effective as of the date hereof. 
 IN WITNESS WHEREOF, the respective parties have caused this Third Amendment to be executed as of the day
and year first above written. 
  

			
	 CASEY’S GENERAL STORES, INC.

		
	 By:
	 	 /s/ Robert J. Myers

		 	 Robert J. Myers,
 Chief Executive Officer

 ATTEST: 

			
		
	 By:
	 	 /s/ Eli J. Wirtz

		 	 Eli J. Wirtz, Assistant Secretary

			
		
		 	 /s/ John G. Harmon

		 	 John G. HarmonAmendment of the Non-Qualified Supplemental Executive Retirement Plan

 Exhibit 10.30(a) 
 AMENDMENT OF THE 
 CASEY’S GENERAL STORES, INC. NON-QUALIFIED 
 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN 
 WHEREAS, the Company has adopted and is the sponsor of the Casey’s General Stores, Inc. Non-Qualified Supplemental Executive Retirement Plan (the “Plan”) created under the terms of an agreement dated October 24, 1997;

 WHEREAS, pursuant to Section 6.1 of the Plan, the Company may amend the Plan with the consent of the Participants, namely, Donald F.
Lamberti, Ronald M. Lamb and John G. Harmon, all of whom have expressed their consent to amend the Plan to reflect the following resolutions; 
 NOW, THEREFORE, BE IT RESOLVED that the Plan is hereby amended as follows: 
  

	1.	by amending subparagraph b. of the definition of “Retirement Date” to read as follows: 

 b. the first day of the month immediately following the month during which the Participant shall retire in accordance with his
employment agreement with the Company as in effect from time to time. 
  

	2.	by amending subparagraph d. of Section 4.01 to read as follows: 

 d. The amount of the annual retirement benefit payable under this section for Harmon (or for his spouse, as the case may be) shall be the sum equal to one-fourth ( 1/4) of the amount of $285,000, plus an additional amount equal to 5 percent of the amount of $285,000 for each additional full year of his employment by the
Company during the term commencing on the first day of the calendar year during which he shall attain age 56 and ending on the last day of the Plan Year during which he shall attain age 60. 
  

	3.	by amending Article V, paragraph d. of the Plan to read as follows: 

 d. In the case of Harmon, an amount equal to one-half ( 1/2) of the amount of
$285,000 multiplied times the greater of (i) a number equal to the number of years of his Life Expectancy (as defined in the Plan) if he shall 

 
have then attained age 55 (or, if he shall not have then attained age 55, the number of years of his Life Expectancy assuming he shall have then attained age
55) or (ii) twenty (20). 
  

	4.	by adding the following new section 6.08: 

 Section 6.08. Application of Code Section 409A. If payment to a Participant of any amount that is “deferred compensation” subject to section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), at the time otherwise payable under this Plan would subject such payment to additional tax under Code section 409A(a)(1)(B), and if the payment of such amount at a later date would avoid any such additional tax, then the payment
of such amount shall be deferred until the later of (i) the date of payment specified in this Plan, or (ii) the earliest date on which such payment can be paid without incurring any such additional tax. If this provision requires a
deferral of any payment beyond the date specified in the foregoing provisions of this Plan, such payment shall be accumulated and paid in a single lump sum on the subsequent date on which such payment can be paid without incurring such additional
tax. 
 BE IT FURTHER RESOLVED that the provisions of the Plan not amended by the foregoing resolutions, which are incorporated herein by
this reference, are hereby in all respects authorized, approved and confirmed. 
 Approved: July 12, 2006 
  

			
	 CASEY’S GENERAL STORES, INC.

		
	 By:
	 	 /s/ Robert J. Myers

		 	 Robert J. Myers,
 Chief Executive Officer2005 Stock Plan

 ALARION BANK 
 2005 STOCK PLAN 
 SECTION 1 
 BACKGROUND AND PURPOSE 
 The name of this Stock Plan is the “2005 Stock
Plan.” The purpose of this Plan is to promote the interests of Alarion Bank through grants to Employees and Directors of Options to purchase Stock, grants of Stock Appreciation Rights and grants of Restricted Stock and Stock Units in order:
(i) to attract and retain Employees and Directors; (ii) to provide an additional incentive to each Employee and Director to work to increase the value of Stock; and (iii) to provide each Employee and Director with a stake in the
future of Alarion, which corresponds to the stake of each of our shareholders. 
 SECTION 2 
 DEFINITIONS 
 Each term set forth in
this Section 2 shall have the meaning set forth opposite such term for purposes of this Plan and, for purposes of such definitions, the singular shall include the plural and the plural shall include the singular. 
 2.1. “Alarion” means Alarion Bank, a Florida corporation, and any Subsidiary or successor to such corporation. 

2.2. “Board” means the Board of Directors of Alarion. 
 2.3. “Change in Control” means a change in control of Alarion of a nature that would be required to be reported in
response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Exchange Act as in effect at the time of such “change in control,” provided that such a change in control shall be deemed to have occurred at such time as:

 (i) any “person” (as that term is used in Sections 13(d) and 14(d)(2) of the Exchange Act), is or becomes the
beneficial owner (as defined in Rule 13d-3 under the Exchange Act) directly or indirectly, of securities representing 50% or more of the combined voting power for election of directors of the then outstanding securities of Alarion or any successor
of Alarion; 
 (ii) during any period of two consecutive years or less, individuals who at the beginning of such period
constitute the Board cease, for any reason, to constitute at least a majority of the Board, unless the election or nomination for election of each new Director was approved by a vote of at least two-thirds of the directors then still in office who
were Directors at the beginning of the period; 

 (iii) the shareholders of Alarion approve any reorganization, merger, consolidation or
share exchange as a result of which the common stock of Alarion shall be changed, converted or exchanged into or for securities of another corporation (other than a merger with a wholly-owned subsidiary of Alarion) or any dissolution or liquidation
of Alarion or any sale or the disposition of 50% or more of the assets or business of Alarion; or 
 (iv) the shareholders of
Alarion approve any reorganization, merger, consolidation or share exchange unless: 
 (A) the persons who were the beneficial
owners of the outstanding shares of the common stock of Alarion immediately before the consummation of such transaction beneficially own more than 50% of the outstanding shares of the common stock of the successor or survivor corporation in such
transaction immediately following the consummation of such transaction; and 
 (B) the number of shares of the common stock of
such successor or survivor corporation beneficially owned by the persons described in Section 2.2(iv)(A) immediately following the consummation of such transaction is beneficially owned by each such person in substantially the same proportion
that each such person had beneficially owned shares of Alarion common stock immediately before the consummation of such transaction; provided 
 (C) the percentage described in Section 2.2(iv)(A) of the beneficially owned shares of the successor or survivor corporation and the number described in 2.2(iv)(B) of the beneficially owned shares of the
successor or survivor corporation shall be determined exclusively by reference to the shares of the successor or survivor corporation which result from the beneficial ownership of shares of common stock of Alarion by the persons described in
Section 2.2(iv)(A) immediately before the consummation of such transaction. 
 2.4. “Code” means the
Internal Revenue Code of 1986, as amended. 
 2.5. “Committee” means a Committee of the Board to which the
responsibility to administer this Plan is delegated by the Board and which shall consist of at least two members of the Board, each of whom shall be a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and
each of whom shall be (or be treated as) an “outside director” for purposes of Section 162(m) of the Code. 
 2.6.
“Covered Employee” means an Employee whom the Committee on the date he or she is granted an Option, SAR, Restricted Stock or Stock Units deems likely to be a “covered employee” (within the meaning of
Section 162(m) of the Code) as of any date on or after the date of such grant. 
 2.7. “Director” means a
member of the Board who is not an employee of Alarion or any Subsidiary or Parent Corporation. 
  

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 2.8. “Employee” means a select employee of Alarion or any Subsidiary whose
performance is, in the judgment of the Committee acting in its absolute discretion, directly or indirectly material to the success of Alarion or such Subsidiary and who is not a Ten Percent Shareholder. 
 2.9. “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 2.10. “Fair Market Value” means: (1) the closing price on any date for a share of Stock reported by a newspaper or
trade journal selected by the Committee or, if no such closing price is available on such date; (2) such closing price as so reported in accordance with Section 2.10(1) for the immediately preceding business day, or, if no newspaper or
trade journal reports such closing price; (3) the price which the Committee acting in good faith determines through any reasonable valuation method that a share of Stock might change hands between a willing buyer and a willing seller, neither
being under any compulsion to buy or to sell and both having reasonable knowledge of the relevant facts. In no instance shall the Fair Market Value of Stock ever be less than its book value. 
 2.11. “ISO” means an Option granted under Section 7 of this Plan to purchase Stock, which is evidenced by an Option
Agreement which provides that the Option is intended to satisfy the requirements for an incentive stock option under Section 422 of the Code. 
 2.12. “NQO” means a nonqualified option, i.e., an Option granted under Section 7 of this Plan to purchase Stock, which is evidenced by an Option Agreement which provides that the Option shall not be
treated as an incentive stock option under Section 422 of the Code. 
 2.13. “Option” means an ISO or an
NQO. 
 2.14. “Option Agreement” means the written agreement or instrument which sets forth the terms of an
Option granted to an Employee or Director under this Plan. 
 2.15. “Option Price” means the price which shall
be paid to purchase one share of Stock upon the exercise of an Option granted under this Plan. 
 2.16. “Parent
Corporation” means any corporation which is a parent corporation (within the meaning of Section 424[e] of the Code) of Alarion. 
 2.17. “Plan” means the 2005 Stock Plan, as amended from time to time. 
 2.18.
“Restricted Stock” means Stock granted to an Employee or Director pursuant to Section 8 of this Plan. 
 2.19. “Rule 16b-3” means the exemption under Rule 16b-3 to Section 16(b) of the Exchange Act or any successor to such rule. 
 2.20. “Stock” means the Five Dollar ($5.00) par value common stock of Alarion. 
  

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 2.21. “Stock Agreement” means the written agreement or instrument which
sets forth the terms of a Restricted Stock grant or Stock Unit grant to an Employee or Director under this Plan. 
 2.22.
“Stock Appreciation Right or SAR” means a right which is granted pursuant to the terms of Section 7 of this Plan to the appreciation in the Fair Market Value of a share of Stock in excess of the SAR Share Value for
such a share. 
 2.23. “SAR Agreement” means the written agreement or instrument which sets forth the terms of
a SAR granted to an Employee under this Plan. 
 2.24. “SAR Share Value” means the figure which is set forth
in each SAR Agreement and which is no less than the Fair Market Value of a share of Stock on the date the related SAR is granted. 
 2.25.
“Stock Unit” means a contractual right granted to an Employee or Director pursuant to Section 8 to receive a Restricted Stock at a certain date or upon the occurrence of a certain event. 
 2.26. “Subsidiary” means any corporation which is a subsidiary corporation (within the meaning of Section 424(f) of
the Code) of Alarion. 
 2.27. “Ten Percent Shareholder” means a person who owns (after taking into account
the attribution rules of Section 424[d] of the Code) more than ten percent of the total combined voting power of all classes of stock of either Alarion, a Subsidiary or a Parent Corporation. 
 SECTION 3 
 SHARES RESERVED UNDER
PLAN 
 3.1. Share. There shall (subject to Section 11) be reserved for issuance under this Plan, 225,000 shares of
Stock. Furthermore, upon any future issuance of Stock, 15% of such newly issued shares shall also be reserved for issuance under this Plan. Provided, however, that no more than 450,000 shares of Stock shall ever be reserved for issuance under this
Plan. 
 3.2. Source of Shares. The shares of Stock described in Section 3.1 shall be reserved from authorized but
unissued shares of Stock. Furthermore, any shares of Stock issued pursuant to a Restricted Stock grant which are forfeited thereafter shall again become available for issuance under this Plan, but any shares of Stock used to satisfy a withholding
obligation under Section 14.4 shall not again become available for issuance under this Plan. The exercise of a SAR or a surrender right in an Option shall reduce the number of shares available for issuance under this Plan only to the extent of
the shares of Stock, if any, actually issued upon such exercise. Finally, if the Option Price of an Option is paid in whole or in part in shares of Stock or if shares of Stock are tendered to Alarion in satisfaction of any condition to a grant of
Restricted Stock, such shares thereafter shall be treated the same as any other shares of Stock available for issuance under this Plan. 
  

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 3.3. Use of Proceeds. The proceeds which Alarion receives from the sale of any shares of
Stock under this Plan shall be used for general corporate purposes and shall be added to the general funds of Alarion. 
 SECTION 4

 EFFECTIVE DATE 
 This Plan shall be effective on the date the shareholders of Alarion (acting at a duly called meeting of such shareholders) approve the adoption of this Plan. 
 SECTION 5 
 COMMITTEE 
 This Plan shall be administered by the Committee. Subject to the provisions of this Plan (including Sections 11, 12, 13 and 14), the Committee shall have
the power, authority, and sole and exclusive discretion to construe, interpret and administer this Plan, including without limitation, the power and authority to make factual determinations relating to Plan grants and correct mistakes in Option, SAR
or Stock Agreements, and to take such other action in the administration and operation of this Plan as the Committee deems equitable under the circumstances. Such actions of the Committee shall be binding on Alarion, on each affected Employee and
Director and on each other person directly or indirectly affected by such action. The Committee may delegate such powers and duties, whether ministerial or discretionary, as the Committee may deem appropriate, including, but not limited to,
authorizing the Committee’s delegate to execute agreements evidencing the grant of Options, SARs, Restricted Stock and Stock Units or other documents on the Committee’s behalf. 
 SECTION 6 
 ELIGIBILITY 
 Employees and Directors shall be eligible for the grant of Options, SARs, Restricted Stock and Stock Units under this Plan. 
 SECTION 7 
 OPTIONS AND SARs

 7.1. Options. The Committee, acting in its absolute discretion, shall have the right to grant Options to Employees and
Directors under this Plan from time to time and Options may be granted for any reason the Committee deems appropriate under the circumstances. Each grant of an Option shall be evidenced by an Option Agreement, and each Option Agreement shall set
forth whether the Option is an ISO or a NQO and shall set forth such other terms and conditions of such grant as the Committee acting in its absolute discretion deems consistent with the terms of this Plan. All Options granted to Directors shall be
NQOs. 
 7.2. $100,000 Limit. The aggregate Fair Market Value of ISOs granted to an Employee under this Plan and ISOs granted
to such Employee under any other stock option plan adopted by Alarion, a Subsidiary or a Parent Corporation which first become exercisable in any 

  

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calendar year shall not exceed $100,000. Such Fair Market Value figure shall be determined by the Committee on the date the ISO is granted, and the Committee
shall interpret and administer the limitation set forth in this Section 7.2 in accordance with Section 422(d) of the Code. 
 7.3. Option Price and Exercise Period. 
 (a) Option Price. The Option Price for each share of
Stock subject to an Option shall be no less than the Fair Market Value of a share of Stock on the date the Option is granted. The Option Price shall be payable in full upon the exercise of any Option. Except in accordance with the provisions of
Section 11 of this Plan, the Committee shall not, absent the approval of Alarion’s shareholders, take any action, whether through amendment, cancellation, replacement grants, or any other means, to reduce the Option Price of any
outstanding Options. 
 (b) Exercise Period. Each Option granted under this Plan shall be exercisable, in whole or in
part, at such time or times as set forth in the related Option Agreement, but no Option Agreement shall make an Option exercisable before the date such Option is granted or on or after the date which is the tenth anniversary of the date such Option
is granted. In the discretion of the Committee, an Option Agreement may provide for the exercise of an Option after the employment of an Employee or the status of an individual as a Director has terminated for any reason whatsoever, including death
or disability. 
 7.4. Method of Exercise. 
 (a) Committee Rules. An Option may be exercised as provided in this Section 7.4 pursuant to procedures (including, without
limitation, procedures restricting the frequency or method of exercise) as shall be established by the Committee or its delegate from time to time for the exercise of Options. 
 (b) Notice and Payment. An Option shall be exercised by delivering to the Committee or its delegate during the period in which such
Option is exercisable: (1) written notice of exercise in a form acceptable to the Committee indicating the specific number of shares of Stock subject to the Option which are being exercised; and (2) payment in full of the Option Price for
such specific number of shares. An Option Agreement, at the discretion of the Committee, may provide for the payment of the Option Price by any of the following means: 
 (1) in cash, electronic funds transfer or a check acceptable to the Committee; 
 (2) in Stock which has been held by the Employee or Director for a period acceptable to the Committee and which Stock is otherwise
acceptable to the Committee, provided that the Committee may impose whatever restrictions it deems necessary or desirable with respect to such method of payment; 
  

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 (3) through a broker-facilitated cashless exercise procedure acceptable to the Committee;
or 
 (4) in any combination of the methods described in this Section 7.5(b) which is acceptable to the Committee.

 Any payment made in Stock shall be treated as equal to the Fair Market Value of such Stock on the date the properly endorsed stock
certificate for such Stock is delivered to the Committee or, if payment is effected through a certification of ownership of Stock in lieu of a stock certificate, on the date the Option is exercised. 
 (c) Restrictions. The Committee may from time to time establish procedures for restricting the exercise of Options on any given
date as the result of excessive volume of exercise requests or any other problem in the established system for processing Option exercise requests or for any other reason the Committee or its delegate deems appropriate or necessary. 
 7.5. Nontransferability. Except to the extent the Committee deems permissible under Section 422(b) of the Code and Rule 16b-3 and
consistent with the best interests of Alarion, neither an Option granted under this Plan nor any related surrender rights nor any SAR shall be transferable by an Employee or a Director other than by will or by the laws of descent and distribution.
Any such Option grant and surrender rights under this Plan and any SAR granted under this Plan shall be exercisable during an Employee’s or Director’s lifetime, as the case may be, only by the Employee or the Director, provided that in the
event an Employee or Director is incapacitated and unable to exercise such Employee’s or Director’s Option or SAR, such Employee’s or Director’s legal guardian or legal representative whom the Committee (or its delegate) deems
appropriate based on all applicable facts and circumstances presented to the Committee (or its delegate) may exercise such Employee’s or Director’s Option or SAR, in accordance with the provisions of the Plan and the applicable Option
Agreement or SAR Agreement. The person or persons to whom an Option or a SAR is transferred by will or by the laws of descent and distribution thereafter shall be treated as the Employee or the Director under this Plan. 
 7.6. SARs and Surrender Rights. 
 (a) SARs. The Committee acting in its absolute discretion may grant an Employee or Director a SAR which will give the Employee or Director the right to the appreciation in one, or more than one, share(s) of
Stock, and any such appreciation shall be measured from the related SAR Share Value. The Committee shall have the right to make any such grant subject to such additional terms as the Committee deems appropriate, and such terms shall be set forth in
the related SAR Agreement. 
  

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 (b) Option Surrender Rights. The Committee acting in its absolute discretion also
may incorporate a provision in an Option Agreement to give an Employee or Director the right to surrender his or her Option, in whole or in part, in lieu of the exercise (in whole or in part) of that Option to purchase Stock on any date that:

 (1) the Fair Market Value of the Stock subject to such Option exceeds the Option Price for such Stock; and 
 (2) the Option to purchase such Stock is otherwise exercisable. 
 (c) Procedure. The exercise of a SAR or a surrender right in an Option shall be effected by the delivery of the related SAR
Agreement or Option Agreement to the Committee (or to its delegate) together with a statement signed by the Employee or Director which specifies the number of shares of Stock as to which the Employee or Director, as appropriate, exercises his or her
SAR or exercises his or her right to surrender his or her Option and (at the Employee’s or Director’s option) how he or she desires payment to be made with respect to such shares. 
 (d) Payment. An Employee or Director who exercises his or her SAR or right to surrender his or her Option shall (to the extent
consistent with an exemption under Rule 16b-3) receive a payment in cash or in Stock, or in a combination of cash and Stock, equal in amount on the date such exercise is effected to (i) the number of shares of Stock with respect to which, as
applicable, the SAR or the surrender right is exercised times (ii) the excess of the Fair Market Value of a share of Stock on such date over, as applicable, the SAR Share Value for a share of Stock subject to the SAR or the Option Price for a
share of Stock subject to an Option. The Committee acting in its absolute discretion shall determine the form and timing of such payment, and the Committee shall have the right (1) to take into account whatever factors the Committee deems
appropriate under the circumstances, including any written request made by the Employee or Director and delivered to the Committee (or to its delegate) and (2) to forfeit an Employee’s or Director’s right to payment of cash in lieu of
a fractional share of Stock if the Committee deems such forfeiture necessary in order for the surrender of his or her Option under this Section 7.6 to come within an exemption under Rule 16b-3. Any cash payment under this Section 7.6 shall
be made from Alarion’s general assets, and an Employee or Director shall be no more than a general and unsecured creditor of Alarion with respect to such payment. 
 (e) Restrictions. Each SAR Agreement and each Option Agreement which incorporates a provision to allow an Employee or Director to
surrender his or her Option shall incorporate such additional restrictions on the exercise of such SAR or surrender right as the Committee deems necessary to satisfy the conditions to the exemption under Rule 16b-3. 
 SECTION 8 
 RESTRICTED STOCK AND
STOCK UNITS 
 8.1. Committee Action. 
 (a) General. The Committee acting in its absolute discretion shall have the right to grant Restricted Stock and Stock Units to
Employees and Directors under this Plan from time to time. 
  

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 (b) Limitations. No Restricted Stock or Stock Unit grant may be made to an
Employee or Director in any calendar year with respect to more than 10,000 shares of Restricted Stock. Each Restricted Stock grant and each Stock Unit grant shall be evidenced by a Stock Agreement, and each Stock Agreement shall set forth the
conditions, if any, which will need to be timely satisfied before the grant will be effective and the conditions, if any, under which the Employee’s or Director’s interest in the related Restricted Stock will be forfeited. 
 8.2. Conditions. 
 (a) Conditions for Issuance of Restricted Stock. The Committee acting in its absolute discretion may make the issuance of Restricted Stock to an Employee or Director subject to the satisfaction of one, or more than one, objective
employment, performance or other grant condition (which may or may not include performance criteria described in Section 8.2(c)) which the Committee deems appropriate under the circumstances, and the related Stock Agreement shall set forth each
such condition and the deadline for satisfying each such condition. 
 (b) Forfeiture Conditions for Restricted Stock and
Stock Units. The Committee may make Restricted Stock issued to an Employee or Director subject to one, or more than one, objective employment, performance or other forfeiture condition (which may or may not include any performance goals
described in Section 8.2[c]) which the Committee acting in its absolute discretion deems appropriate under the circumstances, and the related Stock Agreement shall set forth each such forfeiture condition and the deadline for satisfying each
such forfeiture condition. An Employee’s or Director’s non-forfeitable interest in the shares of Stock issued pursuant to a Restricted Stock or Stock Unit grant shall depend on the extent to which each such condition is timely satisfied.
Each share of Stock issued pursuant to a Restricted Stock grant shall again become available under Section 3 if such share is forfeited as a result of a failure to timely satisfy a forfeiture condition, in which event such share of Stock shall
again become available under Section 3 as of the date of such failure. When a Stock certificate is issued for shares of Restricted Stock, such certificate shall be issued subject to: (i) the conditions, if any, described in this
Section 8.2(b) and Section 8.2(c) to, or for the benefit of, the Employee or Director; and (ii) a stock power in favor of Alarion in order for Alarion to effect any forfeitures of such Restricted Stock called for under this
Section 8.2(b). 
 (c) Performance Goals. 
 (1) A performance goal is described in this Section 8.2(c) if such goal relates to Alarion’s: 
 (i) return over capital costs or increases in return over capital costs, 
 (ii) total earnings or the growth in such earnings, 
  

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 (iii) consolidated earnings or the growth in such earnings, 
 (iv) earnings per share or the growth in such earnings, 
 (v) net earnings or the growth in such earnings, 
 (vi) earnings before interest expense, taxes, depreciation, amortization and other non-cash items or the growth in such earnings,

 (vii) earnings before interest and taxes or the growth in such earnings, 
 (viii) consolidated net income or the growth in such income, 
 (ix) the value of Alarion’s Stock or the growth in such value, 
 (x) Stock price or the growth in such price, 
 (xi) return on assets or the growth on such return, 
 (xii) total shareholder return or the growth in such return, 
 (xiii) expenses or the reduction of expenses, 
 (xiv) sales growth, 
 (xv) overhead ratios or changes in such ratios, 
 (xvi) expense-to-sales ratios or the changes in such ratios,

 (xvii) economic value added or changes in such value added, or 
 (xviii) other financial performance measures deemed appropriate by the Committee. 
 A performance goal described in this Section 8.2(c)(1) may be set in any manner determined by the Committee, including looking to
achievement on an absolute or relative basis in relation to peer groups or indexes, and may relate to Alarion as a whole or one or more operating units of Alarion. 
 (2) When the Committee determines whether a performance goal has been satisfied for any period, the Committee may exclude any or all
“extraordinary items” as determined under U.S. generally accepted accounting principles and any other unusual or non-recurring items, including, without limitation, the charges or costs associated with restructurings of Alarion,
discontinued operations, and the cumulative effects of accounting changes. The Committee may also adjust any performance goal for a period as it deems equitable in recognition of unusual or non-recurring events affecting Alarion, changes in
applicable tax laws or accounting principles, or such other factors as the Committee may determine (including, without limitation, any adjustments that would result in Alarion paying non-deductible compensation to an Employee). 
 (3) If the Committee determines that a performance goal has been satisfied and the satisfaction of such goal was intended to meet the
requirements of Section 162(m) of the Code, the Committee shall certify that the goal has been satisfied in accordance with the requirements set forth under such section of the Code. 
  

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 8.3. Dividends and Voting Rights. 
 (a) Cash Dividends. Each Stock Agreement which evidences a Restricted Stock or Stock Unit grant shall state whether the Employee or
Director shall have a right to receive any cash dividends, which are paid after any shares of Restricted Stock are issued to him or to her and before the first day that the Employee’s or Director’s interest in such Stock is forfeited
completely, or becomes completely non-forfeitable. If such a Stock Agreement provides that an Employee or Director has no right to receive a cash dividend when paid, such Stock Agreement shall set forth the conditions, if any, under which the
Employee or Director will be eligible to receive one, or more than one, payment in the future to compensate the Employee or Director for the fact that he or she had no right to receive any cash dividends on his or her Restricted Stock when such
dividends were paid. If such a Stock Agreement calls for any such payments to be made, Alarion shall make such payments from Alarion’s general assets, and the Employee or Director shall be no more than a general and unsecured creditor of
Alarion with respect to such payments. 
 (b) Stock Dividends. If a Stock dividend is declared on a share of Restricted
Stock, such Stock dividend shall be treated as part of the grant of the related Restricted Stock or Stock Unit, and an Employee’s or Director’s interest in such Stock dividend shall be forfeited or shall become non-forfeitable at the same
time as the Stock with respect to which the Stock dividend was paid is forfeited or becomes non-forfeitable. Unless otherwise set forth in the Stock Agreement which evidences a Stock Unit grant, if a Stock dividend is declared on any shares of Stock
described in a Stock Unit grant, such dividend shall increase the number of shares of Stock described in such Stock Unit grant. 
 (c) Voting Rights. An Employee or Director shall have the right to vote shares of Restricted Stock which have been issued pursuant to Section 8.2(b) before his or her interest in such Stock has been forfeited or has become
non-forfeitable. 
 (d) Nontransferability. No Restricted Stock grant and no shares issued pursuant to a Restricted
Stock grant shall be transferable by an Employee or a Director other than by will or by the laws of descent and distribution before an Employee’s or Director’s interest in such shares have become completely non-forfeitable, and no
interests in a Stock Unit grant shall be transferable other than by will or the laws of descent and distribution except as otherwise provided in the related Stock Agreement. 
 (e) Creditor Status. An Employee or a Director to whom a Stock Unit grant is made shall be no more than a general and unsecured
creditor of Alarion with respect to any cash payment due under such grant. 
 8.4 Satisfaction of Forfeiture Conditions. A
share of Stock shall cease to be Restricted Stock at such time as an Employee’s or Director’s interest in such Stock becomes non-forfeitable under this Plan, and the certificate representing such share shall be reissued as 

  

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soon as practicable thereafter without any further restrictions related to Section 8.2(b) or Section 8.3 and shall be transferred to the Employee
or Director. 
 SECTION 9 
 SECURITIES REGISTRATION 
 Each Option Agreement, SAR Agreement and Stock Agreement shall provide that, upon the receipt of
shares of Stock as a result of the exercise of an Option (or any related surrender right) or a SAR or the satisfaction of the forfeiture conditions under a Stock Agreement for Restricted Stock, the Employee or Director shall, if so requested by
Alarion, hold such shares of Stock for investment and not with a view of resale or distribution to the public and, if so requested by Alarion, shall deliver to Alarion a written statement satisfactory to Alarion to that effect. As for Stock issued
pursuant to this Plan, Alarion at its expense shall take such action as it deems necessary or appropriate to register the original issuance of such Stock to an Employee or Director under the Securities Act of 1933, as amended, or under any other
applicable securities laws or to qualify such Stock for an exemption under any such laws prior to the issuance of such Stock to an Employee or Director; however, Alarion shall have no obligation whatsoever to take any such action in connection with
the transfer, resale or other disposition of such Stock by an Employee. 
 SECTION 10 
 LIFE OF PLAN 
 No Option or SAR or
Restricted Stock or Stock Unit shall be granted under this Plan on or after the earlier of: (1) the tenth anniversary of the date the Board adopts this Plan, in which event this Plan otherwise thereafter shall continue in effect until all
outstanding Options (and any related surrender rights) and SARs have been exercised in full or no longer are exercisable and all Restricted Stock and Stock Unit grants under this Plan have been forfeited or the forfeiture conditions on the related
Stock or cash payments have been satisfied in full; or (2) the date on which all of the Stock reserved under Section 3 of this Plan has (as a result of the exercise of all Options (and any related surrender rights) and all SARs granted
under this Plan and the satisfaction of the forfeiture conditions on Restricted Stock) been issued or no longer is available for use under this Plan, and all cash payments due under any Stock Unit grants have been paid or forfeited, in which event
this Plan also shall terminate on such date. 
 SECTION 11 
 ADJUSTMENT 
 11.1. Capital Structure. The number, kind or class (or any combination
thereof) of shares of Stock reserved under Section 3 of this Plan, the grant limitations described in Section 7.3 and Section 8.1 of this Plan, the number, kind or class (or any combination thereof) of shares of Stock subject to
Options or SARs granted under this Plan and the Option Price of such Options and the SAR Share Value of such SARs, as well as the number, kind or class of shares of Stock subject to Restricted Stock grants and the number, kind or class of shares of
Stock described in Stock Unit grants under this Plan shall be adjusted by the Board in an equitable 

  

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manner to reflect any change in the capitalization of Alarion, including, but not limited to, such changes as stock dividends or stock splits. 
 11.2. Acquisitions. The Board as part of any corporate transaction described in Code Section 424(a) shall have the right (in any
manner which the Board in its discretion deems consistent with Code Section 424[a] and without regard to the grant limitations described in Section 7.3 or Section 8.1 of this Plan) to make Restricted Stock, Stock Unit, Option and SAR
grants to effect the assumption of, or the substitution for, restricted stock, stock unit, option and stock appreciation right grants previously made by any other corporation to the extent that such corporate transaction calls for such substitution
or assumption of such restricted stock, stock unit, option or stock appreciation rights grants. 
 11.3. Fractional Shares. If
any adjustment under this Section 11 would create a fractional share of Stock or a right to acquire a fractional share of Stock, such fractional share shall be disregarded and the number of shares of Stock reserved under this Plan and the
number subject to any Options, SAR grants and Restricted Stock grants shall be the next lower number of shares of Stock, rounding all fractions downward. Any adjustment made under this Section 11 by the Board shall be conclusive and binding on
all affected persons. 
 SECTION 12 
 CHANGE IN CONTROL 
 Upon a Change in Control, all Options, SARs, Restricted Stock and Stock Units shall become immediately
exercisable, non-forfeitable or otherwise vest and become irrevocable. 
 SECTION 13 
 AMENDMENT OR TERMINATION 
 This Plan
may be amended by the Board from time to time to the extent that the Board deems necessary or appropriate; provided, however, no such amendment shall be made absent the approval of the shareholders of Alarion to the extent such approval is required
under applicable law, Code Section 422, Rule 16b-3 or any applicable stock exchange rule. The Board also may suspend the granting of Options, SARs, Restricted Stock and Stock Units under this Plan at any time and may terminate this Plan at any
time. The Board or the Committee shall have the right to modify, amend or cancel (retroactively or prospectively) any Option, SAR, Restricted Stock or Stock Unit granted before such suspension or termination if: (1) the Employee or Director
consents in writing to such modification, amendment or cancellation (except that in no case can Options be repriced either by cancellation and regrant or by lowering the exercise price of a previously granted award); or (2) there is a
dissolution or liquidation of Alarion or a transaction described in Section 11 or Section 12 of this Plan. Suspension or termination of the Plan shall not affect the Committee’s ability to exercise the powers granted to it with
respect to Options, SARs or surrender rights, Restricted Stock or Stock Units granted under this Plan prior to the date of such suspension or termination. 
  

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 SECTION 14 
 MISCELLANEOUS 
 14.1. Shareholder Rights. No Employee or Director shall have any rights
as a shareholder of Alarion as a result of the grant of an Option or a SAR under this Plan or his or her exercise of such Option or SAR pending the actual delivery of the Stock subject to such Option to such Employee or Director. Subject to
Section 8.4, an Employee’s or Director’s rights as a shareholder in the shares of Stock related to a Restricted Stock grant which is effective shall be set forth in the related Stock Agreement. 
 14.2. No Contract of Employment or Director Status. The grant of an Option, SAR, Restricted Stock or Stock Unit to an Employee or a
Director under this Plan shall not constitute a contract of employment or an agreement to continue his or her status as an Employee or a Director, and shall not confer on an Employee or Director any rights in addition to those rights, if any,
expressly set forth in the Option Agreement which evidences his or her Option, the SAR Agreement which evidences his or her SAR or the Stock Agreement related to his or her Restricted Stock or Stock Unit grant. 
 14.3. Withholding. The exercise of any Option or SAR granted under this Plan and the acceptance of a Restricted Stock or Stock Unit grant
shall constitute an Employee’s or Director’s full and complete consent to whatever action the Committee deems necessary to satisfy the minimum federal tax withholding requirements, if any, which the Committee acting in its discretion deems
applicable to such exercise or such Restricted Stock or Stock Unit grant. The Committee also shall have the right to provide in an Option Agreement, SAR Agreement or Stock Agreement that an Employee or Director may elect to satisfy minimum federal
tax withholding requirements, if any, through a reduction in the number of shares of Stock actually transferred, or the cash payments to be made, to him or to her under this Plan, and any such election and any such reduction shall be effected so as
to satisfy the conditions to the exemption under Rule 16b-3. 
 14.4 Construction. 
 (a) Governing Law and Venue. This Plan shall be construed under the laws of the State of Florida (excluding its choice-of-law
rules) to the extent not superseded by federal law. Venue for the enforcement of any provision of this Plan or Option Agreement shall be in Marion County, Florida. 
 (b) Invalid Provisions. In the event any provision of this Plan shall be held illegal or invalid for any reason, the illegality or
invalidity shall not affect the remaining parts of this Plan, and this Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 
 (c) Conflicts. In the event of a conflict between the terms of this Plan and any Option Agreement, Stock Agreement or SAR
Agreement, the terms of the Plan shall prevail. 
  

 14

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