Park National Corporation Watch

from 8-K 7 pages Fifth Amendment to Credit Agreement

from 8-K 1 page This Note Is the Term Note Referred to in the Credit Agreement Dated as of May 18, 2016 Entered Into by and Between the Undersigned and the Bank, (As the Same May Be From Time to Time Amended, Restated or Otherwise Modified, the “Credit Agreement”). the Maturity of This Note Is Subject to Acceleration Upon the Terms Provided in Said Credit Agreement. in the Event of Default Hereunder, the Undersigned Agrees to Pay All Costs and Expenses of Collection, Including Reasonable Attorneys’ Fees. the Undersigned Waives Demand, Presentment, Notice of Nonpayment, Protest, Notice of Protest and Notice of Dishonor. the Validity, Construction and Enforceability of This Note Shall Be Governed by the Internal Laws of the State of Ohio Without Giving Effect to the Conflict of Laws Principles Thereof, but Giving Effect to Federal Laws of the United States Applicable to National Banks. Park National Corporation By: /S/ Brady T. Burt Name: Brady T. Burt Title: Chief Financial Officer

from 8-K 1 page Revolving Note

from 8-K 25 pages Fourth Amendment to Credit Agreement

from 8-K 1 page For Value Received, Park National Corporation, a Corporation Organized Under the Laws of the State of Ohio, Hereby Promises to Pay to the Order of U.S. Bank National Association (The “Bank”), at Its Main Office in Cincinnati, Ohio, in Lawful Money of the United States of America in Immediately Available Funds (As Such Term and Each Other Capitalized Term Used Herein Are Defined in the Credit Agreement Hereinafter Referred To) on the Termination Date the Principal Amount of Fifty Million Dollars ($50,000,000) Or, if Less, the Aggregate Unpaid Principal Amount of All Revolving Loans Made by the Bank Under the Credit Agreement, and to Pay Interest (Computed on the Basis of Actual Days Elapsed and a Year of 360 Days) in Like Funds on the Unpaid Principal Amount Hereof From Time to Time Outstanding at the Rates and Times Set Forth in the Credit Agreement

from 8-K 6 pages Third Amendment to Credit Agreement

from 8-K 1 page This Note Is the Note Referred to in the Credit Agreement Dated of Even Date Herewith (As the Same May Hereafter Be From Time to Time Amended, Restated or Otherwise Modified, the “Credit Agreement”) Between the Undersigned and the Bank. the Maturity of This Note Is Subject to Acceleration Upon the Terms Provided in Said Credit Agreement. in the Event of Default Hereunder, the Undersigned Agrees to Pay All Costs and Expenses of Collection, Including Reasonable Attorneys’ Fees. the Undersigned Waives Demand, Presentment, Notice of Nonpayment, Protest, Notice of Protest and Notice of Dishonor. the Validity, Construction and Enforceability of This Note Shall Be Governed by the Internal Laws of the State of Ohio Without Giving Effect to the Conflict of Laws Principles Thereof, but Giving Effect to Federal Laws of the United States Applicable to National Banks. Park National Corporation By: /S/ Brady T. Burt Name: Brady T. Burt Title: Chief Financial Officer

from 8-K 60 pages Credit Agreement by and Between Park National Corporation and U.S. Bank National Association Dated as of May 18, 2016

from 8-K 5 pages 1.2 Facility a (Line of Credit). the Bank Has Approved a Credit Facility to the Borrower in the Principal Sum Not to Exceed $50,000,000.00 in the Aggregate at Any One Time Outstanding (“Facility A”). Credit Under Facility a Shall Be Repayable as Set Forth in a Line of Credit Note Executed Concurrently With This Agreement, and Any Renewals, Modifications, Extensions, Rearrangements, Restatements Thereof and Replacements or Substitutions Therefor. 2.2 From and After the Effective Date, Section 4.1 of the Credit Agreement Is Hereby Amended and Restated in Its Entirety to Read as Follows: 4.1

from 8-K 24 pages Credit Agreement