0000909654-10-000248 Sample Contracts

Contract
Term Incentive Plan • May 17th, 2010 • Penseco Financial Services Corp • State commercial banks
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FORM OF PERFORMANCE AWARD AGREEMENT FOR THE PENSECO FINANCIAL SERVICES CORPORATION
Performance Award Agreement • May 17th, 2010 • Penseco Financial Services Corp • State commercial banks

This Performance Award Agreement is provided to [____________] (the “Participant”) by Penseco Financial Services Corporation (the “Company”) as of [____________] (the “Date of Grant”), the date the Committee awarded the Participant a performance award pursuant to the Penseco Financial Services Corporation 2008 Long-Term Incentive Plan (the “2008 Plan”), subject to the terms and conditions of the 2008 Plan and this Award Agreement:

FORM OF STOCK OPTION [AND/OR STOCK APPRECIATION RIGHT] AWARD AGREEMENT FOR PENSECO FINANCIAL SERVICES CORPORATION
Award Agreement • May 17th, 2010 • Penseco Financial Services Corp • State commercial banks

This Award Agreement is provided to [insert name] (the “Participant”) by Penseco Financial Services Corporation (the “Company”) as of [insert date] (the “Date of Grant”), the date the Committee granted the Participant the Stock Option [and/or Stock Appreciation Right] under the Penseco Financial Services Corporation 2008 Long-Term Incentive Plan (the “2008 Plan”), subject to the terms and conditions of the 2008 Plan and this Award Agreement:

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