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QCR HOLDINGS INC.
NON-QUALIFIED
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
The Executive specified below is hereby
participating in the QCR Holdings, Inc. Non-Qualified Supplemental
Executive Retirement Plan (the “ Plan ”). In
addition to the terms of the Plan and any Amendments thereto, the
Executive and the Employer agree that the Executive’s terms
of participation are also subject to the following terms and
conditions. In the event that any terms or conditions of the Plan
are inconsistent with or contrary to the terms of this Joinder
Agreement, the terms of this Joinder Agreement shall
control.
Section 1 . Terms of Joinder Agreement . The
following words and phrases relate to Executive’s
participation in the Plan:
(i) The “ Executive ” is
Michael A. Bauer .
(ii) The “ Employer ” is
QCR Holdings, Inc. and Quad City Bank and Trust
Company , and any successors thereto.
(iii) The “ Original Effective
Date ” is February 1, 2004 .
(iv) The “ Benefit Age ”
is age 60 .
(v) The “ Survivor Benefit
” covered by insurance is $117,000.00 annually for
15 years.
(i) Notwithstanding any provision in the
Plan to the contrary, if the Executive is continually employed by
the Employer from the Effective Date until the date that he attains
the Benefit Age, the Executive shall begin receiving his
Supplemental Retirement Benefit within 30 days following the
Executive’s attainment of the Bene
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