Second Amendment to Prime Meridian Holding Company 2015 Stock Incentive Compensation Plan
Prime Meridian Holding Company has amended its 2015 Stock Incentive Compensation Plan. The amendment, approved by the Board of Directors on January 20, 2022, allows the plan's administrative committee to delegate its authority under the plan to any executive officer, as permitted by law. All other terms of the plan remain unchanged. This change is intended to provide greater flexibility in the administration of the company's stock incentive program.
Exhibit 10.15
PRIME MERIDIAN HOLDING COMPANY
SECOND AMENDMENT TO
2015 STOCK INCENTIVE COMPENSATION PLAN
This Second Amendment to the 2015 Stock Incentive Compensation Plan (the “Plan”) of Prime Meridian Holding Company was adopted by the Board of Directors on January 20, 2022. Except as specifically amended hereby, the Plan shall remain unchanged.
The following sentence is added to the end of Section 4. Administration.: Subject to any limitations imposed by law, the Committee shall have the right to delegate to any executive officer of the Company the Committee’s authority under the Plan.
This Second Amendment to the 2015 Stock Incentive Compensation Plan was approved by the Board of Directors on the day indicated above.
PRIME MERIDIAN HOLDING COMPANY
/s/ Jill S. Macmillan /s/ Richard A. Weidner
Jill S. Macmillan Richard A. Weidner
Corporate Secretary Chair of the Board
