Second Amendment to Salary Continuation Agreement between Opportunity Bank of Montana and Peter J. Johnson dated August 20, 2021

EX-10.1 2 ex_277744.htm EXHIBIT 10.1 ex_277744.htm

Exhibit 10.1



Second Amendment

to the

Opportunity Bank of Montana

Amended Salary Continuation Agreement


Peter J. Johnson


This Second Amendment is adopted as of the 20th day of August, 2021 by Opportunity Bank of Montana located in Helena, Montana (the “Bank”).


The Bank and Peter J. Johnson (the “Executive”) executed the Amended Salary Continuation Agreement effective as of September 3, 2015 (as amended, the “Agreement”).


The undersigned hereby amends the Agreement for the purpose of increasing the benefits provided therein. Therefore, the following changes shall be made:


Section 2.1.1 of the Agreement shall be deleted in its entirety and replaced by the following:


2.1.1         Amount of benefit. The annual benefit under this section 2.1 is Ninety-Two Thousand Five Hundred Dollars ($92,500).


IN WITNESS OF THE ABOVE, the Bank hereby consents to this Second Amendment.


Opportunity Bank of Montana



By: /s/ Rick Hays  
  Rick Hays  
Title: Chairman  
/s/ Peter J. Johnson  
Peter J. Johnson