Company: HBCP
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001174947-25-000483
Chunk: 16

Company: HOME BANCORP, INC.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 16
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 of the Comptroller of the Currency’s Safety and Soundness Examination, Compliance Examination and a satisfactory external audit as well as consideration of subjective individual performance evaluations. Equity Compensation.The 2021 Equity Incentive Plan (the "2021 Plan") is designed to maintain a portion of the compensation paid to executives of the Company in long-term compensation as a means of rewarding strong performance over numerous years for retention of the named executives and to act as a retention incentive. Our named executive officers received awards of restricted stock units from the Compensation Committee under the 2021 Plan in May 2024, which are vesting at a rate of 20% per year over five years. The Compensation Committee has determined to award President Bordelon a larger cash bonus in lieu of equity awards beginning in 2025. The Compensation Committee believes that the five year vesting of awards will focus senior management on long-term performance and stock appreciation. Through our employee stock ownership plan, as well as our 401(k) plan, we provide all of our employees, including our named executive officers, with tax-qualified retirement benefits. The employee stock ownership plan ("ESOP") is allocated as a percentage of each employee’s salary to total salaries of the Company. The Company makes a matching 401(k) contribution of 100% of the employee’s contribution up to 2%, plus 50% of the employee’s contributions over 2% but not over 6% of the employee’s pay. Other Elements of Executive Compensation.In addition to direct cash compensation and awards under our equity compensations plans, we provide our named executive officers with certain compensation and benefits as described below.

| • | Employment Agreements. Home Bank has entered into employment agreements with three of our six named executive                            
 officers. In addition, Home Bancorp entered into an employment agreement with Mr. Bordelon in June 2009. For additional information, see 
 “Employment Agreements.”                                                                                                                 |

| • | Retirement and Other Benefits. We also provide all of our employees, including our named executive officers,                                  
 with tax-qualified retirement benefits through the Home Bank Profit Sharing 401(k) Plan (the “401(k) Plan”). All employees                    
 who meet the age and service requirements participate in the 401(k) Plan on a non-discriminatory basis. We provide a 401(k) match to employee 
 contributions, up to specified amounts.                                                                                                       |

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| • | We also offer various fringe benefits to all of our employees, including our named executive officers