Document:

EX-10.43

 Exhibit 10.43 
 FIRST AMENDMENT 
 TO 

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT 
 This First Amendment (the “Amendment”) to the Amended and Restated Executive Employment Agreement is entered into on March 13, 2013 by and between ARC DOCUMENT SOLUTIONS, INC., a
Delaware corporation (“ARC”) and RAHUL K. ROY (“Executive”), effective as of March 2, 2013 (the “Effective Date”). 
 WHEREAS, ARC and Executive entered into an employment agreement, dated January 7, 2005, under which ARC is employed as Chief Technology Officer of ARC; 

WHEREAS, the employment agreement between ARC and Executive was amended and restated as of March 31, 2011 (as so amended and
restated, the “Agreement”) to extend the term and make certain other changes; 
 WHEREAS, Executive has
voluntarily reduced his base salary by 10% as of November 10, 2012, which reduction is projected to end on or before the July 5, 2013 pay date; and 
 WHEREAS, ARC desires to amend the Agreement as of the Effective Date in order to eliminate the provision of certain perquisites to Executive and to increase Executive’s base salary;

 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises, covenants and conditions
hereinafter contained, the parties hereby agree as follows: 
  

	1.	Base Salary. Section 3(a) of the Agreement is amended in full to read as follows: 

 

	 	(a)	Base Salary. Effective as of March 2, 2013 (the “Amendment Effective Date”), Executive’s annual Base Salary shall be $575,000
per year, payable in installments in accordance with ARC’s customary payroll procedures; provided, however, that effective as of November 10, 2012 and ending on July 5, 2013 or such earlier date as may be agreed upon between ARC and
Executive, the amount of Base Salary payable to Executive pursuant to this Section 3(a) shall be reduced by ten percent (10%) (the “2012-2013 Base Salary Reduction Period”). Notwithstanding anything to the contrary
contained in this Section 3(a), if Executive’s employment with ARC is terminated other than for Cause during the 2012-2013 Base Salary Reduction Period, any Base Salary severance benefits payable to Executive under Sections 12(a),
(c) or (d) of the Agreement shall be calculated based on the $575,000 Base Salary amount, without taking into account the 2012-2013 Base Salary Reduction. 

	2.	Special Benefits. Section 7 of the Agreement is amended in full to read as follows: 

Special Benefits. Prior to the Amendment Effective Date, Executive shall be allowed additional employer paid benefits of his
choice (“Special Benefits”), including the lease of automobiles, social, golf or athletic club memberships and other benefits not specifically provided for in this Agreement, provided, however, that the annual cost shall not
exceed $15,000. Any employer taxes imposed upon ARC by reason of the furnishing of such Special Benefits shall be included in the annual $15,000. 
 Effective as of the Amendment Effective Date, ARC shall not provide Special Benefits to Executive, and any Special Benefits provided by ARC to Executive prior to the Amendment Effective Date shall
immediately cease, except to the extent that Executive provides ARC with a written assumption of such expenses, including but not limited to, any federal, state or local taxes arising from the continuation of such benefits. ARC shall not reimburse
Executive for Special Benefits provided to Executive on or after the Amendment Effective Date, provided that ARC shall reimburse Executive for any Special Benefits provided to Executive prior to the Amendment Effective Date, subject to
Executive’s annual allowance. For Special Benefits provided on or after January 1, 2013 and prior to the Amendment Effective Date, the annual allowance shall be prorated by multiplying $15,000 by a fraction, the numerator of which is the
number of days in the 2013 calendar year preceding the Amendment Effective Date and the denominator of which is 365. 

Notwithstanding anything in the Agreement to the contrary, to the extent that the reimbursement for any Special Benefits or the provision
of any Special Benefits is determined to be subject to Section 409A of the Code (as defined in Section 12(e)) (including any exemptions thereto), the amount of any such Special Benefits eligible for reimbursement or the provision of any
Special Benefits in one calendar year shall not affect the expenses eligible for reimbursement or the provision of any in-kind benefits in any other calendar year, in no event shall any expenses for Special Benefits be reimbursed after the last day
of the calendar year following the calendar year in which Executive incurred such expenses, and in no event shall any right to reimbursement for Special Benefits or the provision of any Special Benefits be subject to liquidation or exchange for
another benefit. 
  

	3.	Continuity of Employment Agreement; Entire Agreement. Except as amended hereby, all other terms and conditions of the Agreement shall remain in full force and
effect from and after the Effective Date. This Amendment to the Agreement constitutes the complete and entire agreement among the parties relating to the subject matter thereof, and there are no prior or contemporaneous oral or written
representations, promises or agreements not expressly set forth therein. This Amendment may not be modified in any respect except by a writing dated and signed by the parties hereto. 

  
 2 

 IN WITNESS WHEREOF, the parties have executed this First Amendment to the Agreement
as of the Effective Date. 
  

							
	ARC DOCUMENT SOLUTIONS, INC.,	  	EXECUTIVE
	a Delaware corporation	  	
				
	By:	  	/s/ KUMARAKULASINGAM SURIYAKUMAR	  	By:	  	/s/ RAHUL K. ROY
		  	Kumarakulasingam Suriyakumar	  	Rahul K. Roy
		  	 Title:    Chief Executive Officer, President and Chairman of the Board
	  		  	

  
 3EX-10.16

 Exhibit 10.16 
 FIRST COMMONWEALTH FINANCIAL CORPORATION 
 DIRECTOR RETAINER PLAN

 (As Amended and Restated on November 26, 2012) 

 

	1.	Name and Purpose.  

 (a)
This plan shall be known as the First Commonwealth Financial Corporation Director Retainer Plan (the “Plan”). This Plan is adopted by Board of Directors of First Commonwealth Financial Corporation (the “Company”) pursuant to the
First Commonwealth Financial Corporation Incentive Compensation Plan (the “Master Plan”) and shall be subject to the terms and conditions of the Master Plan. Each capitalized term that is not otherwise defined in this Plan shall have the
meaning given to such term in the Master Plan. 
 (b) The purpose of this Plan is to enable the Company to attract and retain
qualified persons to serve as Directors of the Company by providing a competitive retainer and to further align the interests of Directors with shareholders of the Company by providing for the payment of a portion of the retainer in shares of Common
Stock. 
  

	2.	Administration.  

 The
Plan shall be administered by the Governance Committee of the Board of Directors (the “Committee”). The Committee shall, subject to the applicable provisions of the Plan and the Master Plan, have full authority and discretion to interpret
the Plan, to prescribe, amend and rescind rules and regulations relating to the Plan, to prepare forms to use with respect to the Plan, and to make all determinations necessary or advisable for the administration of the Plan. The Committee’s
determination as to any matter relating to the interpretation of the Plan shall be conclusive on all persons. 
  

	3.	Eligible Participants. 

For purposes of the Plan, a “Director” refers to, as of any date, a person who is serving as a director of First Commonwealth
Financial Corporation who is not an employee of the Company or any Subsidiary. 
  

	4.	Retainer. 

 (a) Each
Director shall be paid a retainer in the amount of $24,000 per year. Except for a Director who exercises his or her right to opt out of receiving shares of Common Stock in accordance with paragraph (b) of this Section 4, each Director
shall receive the annual retainer in two installments as follows: 
 (i) $6,000 in cash payable on the date of
the regular quarterly meeting of the Board of Directors in January (or, if no meeting is held in January, on January 31); and 
 (ii) A number of shares of Common Stock determined by dividing (x) $18,000 by (y) the Fair Market Value of the Common Stock as of the Determination

 
Date. The “Determination Date” shall mean the date of the Annual Meeting of Shareholders (or April 30 if the Annual Meeting is not held prior to that date), provided that if the
Annual Meeting (or April 30, as applicable) occurs during a period when trading of the Common Stock is restricted by an insider trading or similar Company policy, the Determination Date shall be the first business day following the expiration
of the trading restriction. The shares issuable pursuant to this Section 4(a)(ii) shall be issued in book entry form as soon as administratively practicable following the determination of Fair Market Value and shall not be subject to transfer
restrictions or other Vesting Conditions. 
 (b) Notwithstanding Section 4(a) above, any Director who owns at least 100,000
shares of Common Stock may elect to receive his or her entire retainer in cash. That election must be made pursuant to a written notice delivered to the Secretary of the Company not later than February 28 of the year in which the election is to
be effective. Each Director who has elected to receive his or her entire retainer in cash pursuant to this Section 4(b) shall receive his or her retainer in four installments of $6,000 on the date of each quarterly meeting of the Board of
Directors in January, April, July and October (or the last day of the month if no meeting is held in that month). An election made pursuant to this Section 4(b) shall remain in effect unless and until the Director rescinds the election by
written notice to the Secretary of the Company. 
 (c) Any Director who is elected or appointed to the Board after
January 1 shall be entitled to receive a prorated retainer based upon the number of whole or partial months of the year during which he or she serves as a Director. One-fourth of the prorated retainer shall be paid in cash and three-fourths of
the prorated retainer shall be paid in shares of Common Stock using the same Fair Market Value as is used to calculate the number of shares issuable to Directors who are entitled to receive a full retainer under this Plan. The prorated retainer will
be paid on the date of the first meeting of the Board of Directors that the Director attends, provided that the Common Stock component of the prorated retainer will not be paid prior to the Determination Date. By way of illustration, a Director who
is elected on April 24 will be entitled to receive a retainer in the amount of $18,000, consisting of $4,500 in cash and shares of Common Stock having a Fair Market Value of $13,500 as of the Determination Date used to calculate the number of
shares of Common Stock issued to Directors who have served as Directors since January 1 of that year. 
  

	5.	Miscellaneous Provisions. 

(a) The Committee may amend, suspend, or terminate this Plan at any time. 

(b) This Plan shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania except to the extent
such laws are superseded by the federal laws of the United States.

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