Supplemental Executive Retirement Plan (Amended and Restated January 1, 2009), Amendment No. 4

Whereas, Cleco Corporation (the "Company") maintains the Supplemental Executive Retirement Plan, most recently amended and restated effective as of January 1, 2009, and most recently amended effective July 24, 2014, which plan is intended to be a non-qualified deferred compensation arrangement structured in the form of a defined benefit plan (the "SERP");

Whereas, the Board of Directors of the Company now desires to limit participation in the SERP;

Now, Therefore, Be It Resolved, that a Special CEO Benefit shall be added to the SERP, effective January 1, 2018; as shown on Exhibit A hereto; and

Further Resolved, that the SVP - General Counsel & Director - Regulatory Compliance, is hereby authorized, empowered and directed to take any and all actions which she, in her sole discretion, shall deem necessary or advisable in order to accomplish the forgoing resolution.

.This Amendment No. 4 was approved by the Board of Directors of Cleco Corporation on December 14, 2017, to be effective as of the date set forth herein.

Cleco Corporate Holdings LLC

By: /s/ Anthony Bunting                                                     Anthony Bunting