EX-10.1 2 d221456dex101.htm EX-10.1

Exhibit 10.1

SECOND AMENDMENT

TO

FIRST CITIZENS BANC CORP.

SUPPLEMENTAL NONQUALIFIED EXECUTIVE RETIREMENT PLAN

WHEREAS, Civista Bancshares, Inc. (the “Company”) formerly named First Citizens Banc Corp., established the First Citizens Banc Corp. Supplemental Nonqualified Executive Retirement Plan (the “Plan”) effective as of January 1, 2011; and

WHEREAS, Article VIII of the Plan permits the Company to amend the Plan at any time by action of the Company’s Board of Directors (the “Board”); and

WHEREAS, the Company desires to amend the Plan in certain respects, effective upon the date of Board approval;

NOW, THEREFORE, effective upon the date of Board approval, the Plan is hereby amended as follows:

1. “First Citizens Banc Corp.” is changed to “Civista Bancshares, Inc.” throughout the Plan.

2. Exhibit B is added, as attached hereto, to reflect the Accrued Benefits of additional Participants effective June 1, 2016.

EXECUTED at Sandusky, Ohio, this 16th day of June, 2016, effective as of June 1, 2016, the date approved by the Board.

CIVISTA BANCSHARES, INC.
By: |  | /s/ James O. Miller
Title: |  | President & CEO

EXHIBIT B

TO

CIVISTA BANCSHARES, INC.

SUPPLEMENTAL NONQUALIFIED EXECUTIVE RETIREMENT PLAN

Accrued Benefit

PARTICIPANT NAME |  | AGE AT JUNE 1, 2016 |  | ACCRUED BENEFIT AT AGE
JOHN A. BETTS |  | 44 |  | Age 75: $165,752.41 per year for 10 years
|  |  |  | Age 74: $157,859.44 per year for 10 years
|  |  |  | Age 73: $150,342.32 per year for 10 years
|  |  |  | Age 72: $143,183.16 per year for 10 years
|  |  |  | Age 71: $136,364.92 per year for 10 years
|  |  |  | Age 70: $129,871.35 per year for 10 years
|  |  |  | Age 69: $123,687.00 per year for 10 years
|  |  |  | Age 68: $117,797.14 per year for 10 years
|  |  |  | Age 67: $112,187.75 per year for 10 years
|  |  |  | Age 66: $106,845.48 per year for 10 years
|  |  |  | Age 65: $101,757.60 per year for 10 years
|  |  |  | Age 64: $96,912.00 per year for 10 years
|  |  |  | Age 63: $86,497.32 per year for 10 years
|  |  |  | Age 62: $77,362.59 per year for 10 years
|  |  |  | Age 61: $68,984.98 per year for 10 years
|  |  |  | Age 60: $61,307.77 per year for 10 years
|  |  |  | Age 59: $54,278.83 per year for 10 years
|  |  |  | Age 58: $47,849.06 per year for 10 years
|  |  |  | Age 57: $41,973.31 per year for 10 years
|  |  |  | Age 56: $36,609.47 per year for 10 years
|  |  |  | Age 55: $31,718.30 per year for 10 years
|  |  |  | Age 54: $27,263.61 per year for 10 years
|  |  |  | Age 53: $23,211.57 per year for 10 years
|  |  |  | Age 52: $19,530.98 per year for 10 years
|  |  |  | Age 51: $16,192.63 per year for 10 years
|  |  |  | Age 50: $13,169.53 per year for 10 years
|  |  |  | Age 49: $10,436.93 per year for 10 years
|  |  |  | Age 48: $7,971.40 per year for 10 years
|  |  |  | Age 47: $5,751.62 per year for 10 years
|  |  |  | Age 46: $3,757.59 per year for 10 years
|  |  |  | Age 45: $1,970.87 per year for 10 years
|  |  |  | Age 44: $374.35 per year for 10 years

B-1

CHARLES A. PARCHER |  | 51 |  | Age 75: $205,321.11 per year for 10 years
|  |  |  | Age 74: $195,543.91 per year for 10 years
|  |  |  | Age 73: $186,232.30 per year for 10 years
|  |  |  | Age 72: $177,364.09 per year for 10 years
|  |  |  | Age 71: $168,918.18 per year for 10 years
|  |  |  | Age 70: $160,874.46 per year for 10 years
|  |  |  | Age 69: $153,213.77 per year for 10 years
|  |  |  | Age 68: $145,917.88 per year for 10 years
|  |  |  | Age 67: $138,969.41 per year for 10 years
|  |  |  | Age 66: $132,351.82 per year for 10 years
|  |  |  | Age 65: $126,049.35 per year for 10 years
|  |  |  | Age 64: $120,047.00 per year for 10 years
|  |  |  | Age 63: $103,811.42 per year for 10 years
|  |  |  | Age 62: $89,952.55 per year for 10 years
|  |  |  | Age 61: $77,330.08 per year for 10 years
|  |  |  | Age 60: $65,848.42 per year for 10 years
|  |  |  | Age 59: $55,418.73 per year for 10 years
|  |  |  | Age 58: $45,958.75 per year for 10 years
|  |  |  | Age 57: $37,392.26 per year for 10 years
|  |  |  | Age 56: $29,648.31 per year for 10 years
|  |  |  | Age 55: $22,661.10 per year for 10 years
|  |  |  | Age 54: $16,369.93 per year for 10 years
|  |  |  | Age 53: $10,718.48 per year for 10 years
|  |  |  | Age 52: $5,654.22 per year for 10 years
|  |  |  | Age 51: $1,129.11 per year for 10 years

B-2