0001104659-23-100253 Sample Contracts

Penns Woods Bancorp, Inc. $20,000,000 of Common Stock (par value $5.55 per share) Equity Distribution Agreement
Equity Distribution Agreement • September 13th, 2023 • Penns Woods Bancorp Inc • State commercial banks • New York

Penns Woods Bancorp, Inc., a Pennsylvania corporation (the “Company”), Jersey Shore State Bank, a Pennsylvania chartered bank (“Jersey Shore”), and Luzerne Bank, a Pennsylvania chartered bank (together with Jersey Shore, each a “Bank”, and together, the “Banks”), each enter into this Equity Distribution Agreement (this Agreement”), with D.A. Davidson & Co. (the “Distribution Agent”) as follows:

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