/s/ November 7, 2012
EX-10.1 2 a50461143ex10_1.htm EXHIBIT 10.1 a50461143ex10_1.htm
EXHIBIT 10.1
| TO: Kevin Sipes | DATE: November 7, 2012 |
| FROM: Steve Trager | SUBJECT: FCB Acquisition Bonus Program |
You will be eligible for a bonus based on the achievement of the following FCB Acquisition goals for the time period of September 7, 2012 through March 31, 2013:
| | 1. | Convert all FCB loans and deposit accounts to Horizon within six months |
| | 2. | Limit operational, (non-loan) losses to less than $50,000 |
Your total incentive payout potential is $10,000.00
This incentive payout will be earned and paid on April 15, 2013 provided you are an employee in good standing with the Bank at that time.
Management reserves the right in its sole discretion to adjust goals, individual participants’ payouts, etc.
| /s/ Kevin Sipes | /s/ November 7, 2012 | |
| Kevin Sipes | Date |
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