EXHIBIT 10.16

The following form of agreement was executed by The Ohio Valley Bank Company and each of the following directors on the dates indicated beside their names:

Name		Date of Agreement
David W. Thomas		December 20, 2016
Thomas E. Wiseman		December 13, 2016
Anna P. Barnitz		December 13, 2016
Brent A. Saunders		December 13, 2016

2016 DETERMINATION OF DIRECTOR’S FEES

FOR PURPOSES OF THE DIRECTOR DEFERRED FEE AGREEMENT

FOR _____________

THIS AGREEMENT is made this ______ day of December, 2016, by and between THE OHIO VALLEY BANK COMPANY located in Gallipolis, Ohio (the “Company”), and _________  (the “Director”).

The Company and the Director entered into a DEFERRED FEE AGREEMENT most recently amended on ___________ (the “Agreement”).

The Director agrees that the definition of “Fees” in Section 1.10 be amended to read as follows effective for deferrals on or after January 1, 2017:

1.10 “Fees” means the total annual board retainer and monthly fees paid to all directors, earned by the Director during a Plan Year.  For purposes of clarity, Fees does not include any lead director fees, committee meeting or chair fees or other special director fees.

The parties, by executing this Agreement hereby agree to the terms stated herein. 

DIRECTOR:		THE OHIO VALLEY BANK COMPANY
		By:
		Title: