Amendment to Employment Agreement between Home Bank and Scott A. Ridley

Summary

Home Bank and Scott A. Ridley have agreed to amend their existing employment agreement, originally dated January 27, 2014. This amendment extends the term of Mr. Ridley's employment to June 22, 2016, with the possibility of further extensions as outlined in the original agreement. All other terms of the original agreement remain unchanged and in effect.

EX-10.4 5 exh104.htm EXHIBIT 10.4 exh104.htm
 


Exhibit 10.4
 
 
AMENDMENT TO THE
EMPLOYMENT AGREEMENT
 
 
    This Amendment (“Amendment”) is entered into as of the 20th day of May 2014, by and between Home Bank (the “Bank”) and Scott A. Ridley (the “Executive”).
 
WITNESSETH
 
    WHEREAS, the Bank and the Executive previously entered into an Employment Agreement, dated as of January 27, 2014 (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, 2016, 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 BANK
 
       
       
  By: /s/John W. Bordelon  
 
 
John W. Bordelon
 
   
President and Chief Executive Officer
 
       
       
       
   
EXECUTIVE
 
       
       
    /s/Scott A. Ridley  
   
Scott A. Ridley