COLONY BANKCORP INC
For the period ended May 22, 2025. Filed Apr 17, 2025.
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May 22, 2025 · Filed Apr 17, 2025
Contents
BACKGROUND
1.1 Establishment of the Plan. Colony Bankcorp, Inc. (the “Company”) hereby establishes the Colony Bankcorp, Inc. Stock Purchase Plan effective as of May 22, 20251 (the “Plan”), as set forth in this document. The Plan is not intended to qualify as an “employee stock purchase plan” under Section 423 of the Internal Revenue Code of 1986, as amended.
1.2 Applicability of the Plan. The provisions of this Plan are applicable only to certain individuals who, on or after the Effective Date (as defined herein), are Employees or Directors of the Company and its Subsidiaries participating in the Plan. The Committee shall indicate from time to time which of its Subsidiaries, if any, are participating in the Plan.
1.3 Purpose. The purpose of the Plan is to enhance the proprietary interest among the Employees and Directors of the Company and its participating Subsidiaries through ownership of Common Stock of the Company.
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