Director Compensation

EX-10.7 3 d444060dex107.htm EX-10.7 EX-10.7

Exhibit 10.7

Director Compensation

Each director of Farmers National Banc Corp. (the “Corporation”) who is not an employee of the Corporation shall receive an annual retainer fee of $32,000. Directors with significant additional duties shall receive the following additional retainers: (i) $5,000 for the independent Board Chair; and (ii) $1,500 for each committee chair. Non-employee directors are also eligible for grants under the Corporation’s equity award plans.