Amendment to Amended and Restated Employment Agreement between Home Bancorp, Inc. and John W. Bordelon
Home Bancorp, Inc. and John W. Bordelon have agreed to amend their existing employment agreement. This amendment, effective May 21, 2018, extends the term of Mr. Bordelon's employment through June 22, 2021, with possible further extensions as outlined in the original agreement. All other terms of the original employment agreement remain unchanged and in effect.
Exhibit 10.1
AMENDMENT TO THE
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
This Amendment (“Amendment”) is entered into as of the 21st day of May 2018, by and between Home Bancorp, Inc. (the “Corporation”) and John W. Bordelon (the “Executive”).
WITNESSETH
WHEREAS, the Corporation and the Executive previously entered into an Amended and Restated Employment Agreement, dated as of March 28, 2011 (the “Agreement”); and
WHEREAS, the parties desire to amend the Agreement in order to extend its term, as provided in Section 2(b) thereof.
NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, agree as follows:
| 1. | The last sentence in Section 2(a) of the Agreement is amended and restated to read as follows: “The terms and conditions of this Agreement shall be and remain in effect during the period beginning on the Effective Date of this Agreement and ending on June 22, 2021, plus such extensions, if any, as are provided pursuant to Section 2(b) hereof (the “Employment Period”).” |
| 2. | Except to the extent expressly amended hereby, the Agreement shall continue unmodified and shall remain in full force and effect. |
IN WITNESS WHEREOF, this Amendment has been duly executed by the parties hereto as of the day and year first written above.
| HOME BANCORP, INC. | |||
| By: | /s/ Michael P. Maraist | ||
| Michael P. Maraist | |||
| Chairman of the Board | |||
| EXECUTIVE | |||
| /s/ John W. Bordelon | |||
| John W. Bordelon | |||
