Amendment No. 2 to Employment Agreement, dated as of January 1, 2019, between Midland States Bancorp, Inc., Midland States Bank and Douglas J. Tucker
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
THIS AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into as of January 1, 2019 (the “Effective Date”) by and between Midland States Bancorp, Inc. (the “Company”), Midland States Bank, an Illinois banking corporation (the “Bank”) (the Bank and the Company hereinafter collectively referred to as the “Employer”), and Douglas J. Tucker (“Executive”).
1. The reference in Section 4(b) of the Employment Agreement to a target Incentive Bonus is hereby amended to “not less than forty percent (40%)”; and the reference to a long-term incentive bonus percentage for the Executive is hereby amended to “forty-five percent (45%).”
MIDLAND STATES BANCORP, INC. andDOUGLAS J. TUCKER
MIDLAND STATES BANK
By: /s/ Leon J. Holschbach /s/ Douglas J. Tucker
Name:Leon J. Holschbach[Signature]