Document:

Restricted Stock Agreement

 Exhibit 10.2 
 FIRST COMMONWEALTH FINANCIAL CORPORATION 
 RESTRICTED STOCK AGREEMENT 
 This restricted stock agreement (this “Agreement”), dated as of
January 22, 2010, is entered into between First Commonwealth Financial Corporation, a Pennsylvania corporation (the “Company”), and Robert E. Rout (“Grantee”). 
 RECITALS 
 A. Grantee has accepted the position of
Executive Vice President and Chief Financial Officer of the Company. 
 B. As a material inducement to Grantee’s acceptance
of employment by the Company, the Company has agreed to grant shares of its common stock, par value $1.00 per share (“Common Shares”), to Grantee, on the terms and subject to the conditions of this Agreement. 
 C. The terms of this Agreement have been authorized by the Executive Compensation Committee of the Company’s Board of Directors.

 AGREEMENT 
 Accordingly, in consideration of the foregoing and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Grantee agree as follows: 

1. Grant of Restricted Shares. The Company hereby grants to Grantee thirty thousand one hundred twenty (30,120) Common
Shares (the “Restricted Shares”), subject to the terms and conditions of this Agreement (the “Grant”). The Restricted Shares, when issued in accordance with this Agreement, shall be fully paid and nonassessable and shall be
represented by a certificate or certificates registered in the name of Grantee. Certificates evidencing Restricted Shares, and any certificates for Common Shares issued as dividends on, in exchange of, or as replacements for, certificates evidencing
Restricted Shares (collectively, “Certificates”), shall bear a legend substantially as follows until all restrictions imposed pursuant to this Agreement lapse or have been removed: 
 The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged,
hypothecated or otherwise disposed of except in accordance with and subject to all of the terms and conditions of a Restricted Stock Agreement dated as of January 22, 2010, a copy of which the Company shall furnish to the holder of this
certificate upon request and without charge. 
 The Company shall retain physical custody of Certificates until all of the restrictions imposed
pursuant to this Agreement lapse or have been removed. 
  

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 2. Inducement Grant. The Restricted Shares awarded pursuant to this Agreement
are awarded as an inducement grant and not under any stock incentive plan adopted by the Company. The issuance of the Restricted Shares is intended to comply with the “inducement award” exception from the New York Stock Exchange
(“NYSE”) rules requiring shareholder approval for the issuance of equity-based compensation. The Company may take such actions as may be necessary to comply with that exception, including notification to the NYSE and disclosure of the
material terms of this Agreement in a press release. 
 3. Date of Grant. The effective date of the grant of the
Restricted Shares is January 22, 2010. 
 4. Restrictions on Transfer. The Restricted Shares may not be
transferred, sold, pledged, exchanged, assigned or otherwise encumbered or disposed of by Grantee unless and until they have become nonrestricted and nonforfeitable in accordance with Section 5 hereof. Any purported transfer, encumbrance or
other disposition of the Restricted Shares that is in violation of this Section 4 shall be null and void, and the other party to any such purported transaction shall not obtain any rights to or interest in the Restricted Shares. 
 5. Lapse of Restrictions. 
 (a) Normal Vesting. The Restricted Shares shall become nonrestricted and nonforfeitable as follows, unless earlier forfeited in accordance with Section 6: 
 (i) 15,060 shares shall become nonrestricted and nonforfeitable on January 22, 2011; and 
 (ii) 15,060 shares shall become nonrestricted and nonforfeitable on January 22, 2012. 
 (b) Accelerated Vesting. Notwithstanding the provisions of Section 5(a) above, all Restricted Shares shall become
immediately nonrestricted and nonforfeitable upon the first to occur of: 
 (i) a “Change of Control”
(as defined in the Change of Control Agreement dated January 22, 2010 between the Company and Grantee); 
 (ii) the termination of Grantee’s employment by the Company without “Cause” (as defined in the Employment Agreement dated January 22, 2010 between the Company and Grantee (the “Employment Agreement”);

 (iii) the termination of Grantee’s employment by Grantee for “Good Reason” (as defined in the
Employment Agreement); or 
 (iv) the death or permanent and total disability (within the meaning of
Section 22(e)(3) of the Internal Revenue Code of 1986) of Grantee. 
  

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 6. Forfeiture of Restricted Shares. Any of the Restricted Shares that
remain forfeitable in accordance with Section 5 hereof shall be forfeited if Grantee’s employment is terminated (a) by the Company for Cause or (b) by Grantee other than for Good Reason. In the event of a forfeiture, the
Certificate(s) representing Restricted Shares that have been forfeited shall be cancelled. 
 7. Dividend, Voting and
Other Rights. Grantee shall have all of the rights of a shareholder with respect to the Restricted Shares, including the right to vote the Restricted Shares and receive any dividends that may be paid thereon; provided, however, that any
additional Common Shares, or other equity or debt securities or other consideration, including cash, that Grantee may become entitled to receive pursuant to a share dividend or a merger or reorganization or any other change in the capital structure
of the Company shall be subject to the same restrictions as the Restricted Shares. 
 8. Section 83(b) Election.
Grantee may elect under Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), to include in his gross income, for the taxable year in which the Restricted Shares are received, the excess of the “Fair
Market Value” (as defined below) of such Restricted Shares as of the date of grant (determined without regard to any restriction other than one which by its terms will never lapse), over the amount, if any, paid for the Restricted Shares. For
purposes of this Agreement, “Fair Market Value” shall mean, as of any date, the price of the Company’s Common Shares as reported by the NYSE at the close of trading on the trading date immediately preceding the date of determination.
If Grantee makes the Section 83(b) election, Grantee shall (a) make such election in a manner that is satisfactory to the Company, (b) provide the Company with a copy of such election, (c) agree to promptly notify the Company if
any Internal Revenue Service or state tax agent, on audit or otherwise, questions the validity or correctness of such election or of the amount of income reportable on account of such election, and (d) agree to such federal and state income tax
withholding as the Company may reasonably require. Grantee is advised to consult with his own tax advisor regarding the tax consequences of this Agreement, the method and timing for filing an election to include this Agreement in income under
Section 83 of the Code, and the tax consequences of such an election. 
 9. Tax Withholding Obligations.
Grantee shall be required to deposit with the Company an amount of cash equal to the amount determined by the Company to be required with respect to any withholding taxes, FICA contributions, or the like under any federal, state, or local statute,
ordinance, rule, or regulation in connection with the award of the Restricted Shares. Alternatively, the Company may, at its sole election, (i) withhold the required amounts from Grantee’s pay during the pay periods next following the date
on which any such applicable tax liability otherwise arises, or (ii) withhold a number of Common Shares otherwise deliverable having a Fair Market Value sufficient to satisfy the statutory minimum of all or part of Grantee’s estimated
total federal, state, and local tax obligations associated with vesting or award of the Restricted Shares. 
  

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 10. Representations of Grantee.  
 (a) Exempt Transaction. Grantee understands that the Restricted Shares have not been registered under the Securities Act of 1933, as
amended (the “Securities Act”), or any state securities laws by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act pursuant to Section 4(2) thereof.
Grantee acknowledges that the Restricted Shares must be held indefinitely unless subsequently registered under the Securities Act or unless an exemption from such registration is available. Grantee is aware of the provisions of Rule 144 promulgated
under the Securities Act that permit limited resale of securities purchased in a private placement subject to the satisfaction of certain conditions. Grantee acknowledges that each Certificate will bear a legend referencing the foregoing
restrictions. 
 (b) Accredited Investor. Grantee is an “accredited investor” as defined in Rule 501(a) of
Regulation D promulgated under the Securities Act. Grantee is financially able to bear the economic risk of his decision to accept the Restricted Shares as compensation. Grantee has such knowledge and experience in financial and business matters as
to be capable of evaluating the merits and risks of an investment in the Restricted Shares and has had access to the Company’s periodic reports and other information filed by the Company with the Securities and Exchange Commission. 

(c) Investment Intent. Grantee is acquiring the Restricted Shares for his own account and not with a view to the distribution
thereof in violation of the Securities Act, and any applicable securities laws of any state. 
 11. Employment
Rights. This Agreement shall not confer on Grantee any right with respect to the continuance of employment or other services with the Company or any subsidiary of the Company. No provision of this Agreement shall limit in any way whatsoever
any right that the Company or any subsidiary may otherwise have to terminate the employment of Grantee at any time. 
 12.
Communications. All notices and other communications required to be given hereunder shall be in writing and shall be deemed to have been delivered or made when mailed, by certified mail, return receipt requested, if to Grantee, to the
last address of Grantee then on file with the Company; and if to the Company, then to: 
 Chief Executive Officer 
 First Commonwealth Financial Corporation 
 Old Courthouse Square 
 22 North Sixth Street 
 Indiana, Pennsylvania 15701 
 The
Company may change the address for notices and other communications hereunder by written notice to Grantee. 
  

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 13. Amendment in Writing. No term or provision of this Agreement may be
changed, waived, amended or terminated except by a written instrument duly executed by the Company and Grantee. 
 14.
Integration. This Agreement embodies the entire agreement and understanding of the Company, its subsidiaries and Grantee with respect to the Restricted Shares and supersedes any prior understandings or agreements, whether written or oral,
with respect to the Restricted Shares. 
 15. Severability. In the event that one or more of the provisions of
this Agreement shall be invalidated for any reason by a court of competent jurisdiction, any provision so invalidated shall be deemed to be separable from the other provisions hereof and the remaining provisions hereof shall continue to be valid and
fully enforceable. 
 16. Withholding. The Grantee may reduce the Restricted Shares that have become
nonforfeitable in order to cover minimum required tax withholding. 
 17. Governing Law. This Agreement is made
under, and shall be construed in accordance with, the laws of the Commonwealth of Pennsylvania. 
 18.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 
 Signature page follows. 
  

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 IN WITNESS WHEREOF, the Company and Grantee have executed this on the day and year first
written above. 
  

			
	COMPANY:
	
	FIRST COMMONWEALTH FINANCIAL CORPORATION
		
	By:	 	 /s/ John J. Dolan

	Name:	 	John J. Dolan
	Title:	 	President and Chief Executive Officer
	
	GRANTEE
	
	 /s/ Robert E. Rout

	Robert E. Rout

  

 6Change of Control Agreement

 Exhibit 10.3 
 CHANGE OF CONTROL AGREEMENT 
 THIS AGREEMENT, is
entered into as of January 22, 2010, by and between First Commonwealth Financial Corporation, a Pennsylvania corporation (the “Company”), and Robert E. Rout ( “Executive”). 
 RECITALS 
 The Executive Compensation Committee of the Company’s Board of Directors (the “Board”) has determined that it is in the best interests of the Company and its shareholders to assure that the Company will have the continued
dedication of the Executive, notwithstanding the possibility, threat or occurrence of a “Change of Control” (as defined below) of the Company. The Board believes that it is important to diminish the inevitable distraction of the Executive
that would result from the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive to continue to devote Executive’s full attention and dedication to the Company currently and in the
event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefit arrangements upon the termination of Executive’s employment following a Change of Control. In order to accomplish these objectives,
the Board has authorized the Company to enter into this Agreement with Executive. 
 AGREEMENT 
 Accordingly, Executive and the Company hereby agree as follows: 
 ARTICLE 1 
 CERTAIN DEFINITIONS 
 1.1. “Cause” for termination shall be deemed to exist if: 
 (a) The Executive is convicted of, or pleads guilty or nolo contendere to, any crime which constitutes a felony under the laws of the United
States of America or of any state or territory thereof, and the commission of that felony resulted in, or was intended to result in, a loss (monetary or otherwise) to the Company, or any of their respective clients, customers, directors, officers or
employees; or 
 (b) The Executive deliberately and intentionally fails or refuses to perform the Executive’s duties to the
Company (other than during such time as the Executive is incapacitated due to an accident or illness or during the Executive’s regularly scheduled vacation periods) for a period of thirty (30) consecutive days following the receipt by the
Executive of a notice from the Company sent by certified mail, return receipt requested, setting forth in detail the facts upon which the Company relies in concluding that the Executive has deliberately and intentionally refused to perform the
Executive’s duties and indicating with specificity the duties that the Company demands that the Executive perform without delay. 

 1.2. “Change of Control” shall mean: 
 (a) The acquisition, other than from the Company, by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2)
of the Exchange Act), of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of the then outstanding shares of common stock of the Company; or 
 (b) Individuals who, as of the date of this Agreement, constitute the Board (the “Incumbent Board”) cease for any reason to
constitute at least a majority of the Board, provided that any individual becoming a director subsequent to the date of this Agreement, whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least
a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board; or 
 (c) Consummation of a reorganization, merger, consolidation, sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), in each case, with
respect to which all or substantially all of the individuals and entities who were the beneficial owners of shares of the Company’s common stock immediately prior to such Business Combination do not, following such Business Combination,
beneficially own, directly or indirectly, more than 50% of the then outstanding shares of common stock of the corporation resulting from such a Business Combination (including, without limitation, a corporation which as a result of such transaction
owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries). 
 1.3. “Client” means any client or prospective client of the Company to whom Executive provided services, or for whom Executive transacted business, or whose identity became known to Executive in connection with Executive’s
relationship with or employment by the Company 
 1.4. “Code” means the Internal Revenue Code of 1986, as amended.

 1.5. “Competitive Enterprise” means any business enterprise that either (a) engages in any activity closely
associated with commercial banking or the operation of an institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, in a Restricted Territory, or (b) holds a 25% or greater equity, voting or profit
participation interest in any enterprise that engages in such a competitive activity. 
 1.6. “Exchange Act” means the
Securities Exchange Act of 1934, as amended. 
 1.7. “Good Reason” means: 
 (a) the assignment to the Executive of any duties inconsistent in any respect with the Executive’s position, authority, duties or
responsibilities immediately prior to the Change of Control or any other action by the Company which results in a diminution of such position, authority, duties or responsibilities, other than an isolated, insubstantial and inadvertent action not
taken in bad faith and which is remedied by the Company promptly after the receipt of notice thereof given by the Executive; 
  

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 (b) any requirement of the Company that Executive (i) be based anywhere more than fifty
(50) miles from the office where Executive is located immediately prior to the Change of Control or (ii) travel on Company business to an extent substantially greater than the travel obligations of Executive immediately prior to the Change
of Control; or 
 (c)(i) a reduction by the Company in Executive’s rate of annual base salary as in effect immediately
prior to the Change of Control or (ii) the failure of the Company to continue in effect any employee benefit plan, compensation plan, welfare benefit plan or material fringe benefit plan in which Executive is participating or entitled to
participate immediately prior to the Change of Control, unless Executive is permitted to participate in other plans providing Executive with substantially equivalent benefits in the aggregate (at substantially equivalent cost with respect to welfare
benefit plans). 
 1.8. “Qualifying Termination” means a termination of Executive’s employment (i) by the
Company other than for Cause or (ii) by Executive for Good Reason. 
 1.9. “Restricted Territory” means the
geographic area within a radius of fifty (50) air miles from the location of the Company’s office at which Executive’s employment was based as of the date of the termination of Executive’s employment. 
 1.10. “Solicit” means any direct or indirect communication of any kind, regardless of who initiates it, that in any way invites,
advises, encourages or requests any person to take or refrain from taking any action. 
 1.11. “Termination Period”
means the period of time beginning with a Change of Control and ending two years following such Change of Control. 
 ARTICLE
2 
 SEVERANCE PAYMENT 
 2.1. Payments. If during the Termination Period the employment of Executive shall terminate pursuant to a Qualifying Termination, then the Company shall pay to the Executive (or Executive’s
beneficiary as provided in Article 5) severance payments on the first day of the calendar month following the month in which the Qualifying Termination occurred and each of the twenty-three (23) calendar months thereafter (the “Severance
Period”), so that a total of twenty-four (24) consecutive monthly payments shall be made. The amount of each monthly severance payment shall be equal to one-twelfth (1/12) of the sum of the following: (a) Executive’s annual
base salary immediately prior to the Change of Control, (b) the aggregate amount of all bonuses paid to Executive during the twelve-month period preceding the Change of Control, (c) the aggregate amount of all contributions by the Company
for the account of Executive under the First Commonwealth Financial Corporation 401(k) Savings and Investment Plan and the First Commonwealth Financial Corporation Stock Ownership Plan during the twelve-month period preceding the Change of Control,
and (d) the aggregate of all contributions by Executive and by the Company for the account of Executive to the Company’s Supplemental Executive Retirement Plan during the twelve-month period preceding the Change of Control. 
  

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 2.2. Benefits. In addition to the monthly severance payments, during the Severance
Period, the Company shall, at the Company’s sole cost and expense, continue to provide the Executive and the Executive’s family with the same level of medical, dental, accident, disability and life insurance benefits upon substantially the
same terms and conditions as existed immediately prior to the Qualifying Termination (or, if more favorable to the Executive, as such benefits and terms and conditions existed immediately prior to the Change of Control). 
 2.3. Severance Not Exclusive. The severance payments and benefits provided in this Article 2 shall be in addition to any other
compensation or remuneration to which the Executive is, or shall become, entitled to receive from the Company. 
 2.4.
Termination at Retirement Age. Notwithstanding anything to the contrary in this Agreement, the Executive shall no longer be entitled to receive severance payments and benefits pursuant to this Agreement beginning on the first day of the first
calendar month after the Executive reaches “full retirement age” for purposes of receiving full Social Security benefits. 
 2.5. Release. The Company’s obligation to make any payment to Executive as described in this Article 2 is contingent upon Executive’s execution of a release, in form and substance reasonably satisfactory to the
Company, that, in the opinion of the Company’s counsel, is effective to release the Company from all claims relating to Executive’s employment or the termination thereof, and the Company will have no obligation to make any payment unless
and until such a release has become effective. 
 ARTICLE 3 
 LIMITATION ON PAYMENT OF BENEFITS 
 Notwithstanding
anything to the contrary in this Agreement, if the payments and benefits pursuant to Article 2 hereof, either alone or together with other payments and benefits which the Executive has the right to receive from the Company or any of its
subsidiaries, would constitute a “parachute payment” under Section 280G of the Code, the payments and benefits pursuant to Article 2 hereof shall be reduced, in the manner determined by independent tax counsel selected as provided
below, by the amount, if any, which is the minimum necessary to result in no portion of the payments and benefits under Article 2 being non-deductible to the Company or such subsidiary pursuant to Section 280G of the Code and subject to the
excise tax imposed under Section 4999 of the Code. The determination of whether any reduction in the payments and benefits is to be made pursuant to Article 3 shall be based upon the written advice of independent tax counsel selected by the
Company and reasonably acceptable to the Executive. The fees and expenses of the tax counsel shall be paid by the Company. The Company shall use its best efforts to cause such counsel to prepare the foregoing opinion as promptly as practicable, and
in any event, within thirty (30) days after the date of the Qualifying Termination. The Company and the Executive agree to be bound by the determination of such tax counsel and to make appropriate payments to each other to give effect to the
intent and purpose of this Article 3. 
 ARTICLE 4 
 TERM OF THIS AGREEMENT 
 This term of Agreement shall
commence on the date of this Agreement and shall terminate on the earlier of (1) the date on Executive ceases to be a full time employee of the Company or any of its direct or indirect subsidiaries or (2) the fifth anniversary of the date
of this

  

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Agreement (the earlier of such dates being the “Expiration Date”), except that if a Change of Control occurs prior to the Expiration Date, then the term of this Agreement shall continue
until the later of (x) the end of the Termination Period, or (y) if a Qualifying Termination occurs during the Termination Period, the end of the Severance Period. Executive shall not be entitled to receive severance payments or benefits
pursuant to this Agreement in connection with any Change of Control that occurs after the Expiration Date. 
 ARTICLE 5 

 BENEFICIARIES 
 If the Executive shall die after the occurrence of a Qualifying Termination, but prior to the payment of all of the monthly severance payments required by Article 2 hereof, then all remaining severance
payments shall be paid to the beneficiary designated in writing by the Executive at the same time, and in the same amount, as would have been payable to the Executive. The designation of a beneficiary for purposes of this Article 5 shall be
revocable during the lifetime of the Executive. If the Executive does not designate a beneficiary under this Agreement, the beneficiary shall be deemed to be the same person that the Executive designated with respect to the Executive’s group
life insurance program maintained by the Company. 
 ARTICLE 6 
 COVENANTS NOT TO COMPETE OR SOLICIT CLIENTS 
 6.1.
Non-Compete. During Executive’s employment with the Company and throughout the Severance Period (the “Restricted Period”), Executive shall not directly or indirectly (without the prior written consent of the Company) associate
(including as a director, officer, employee, partner, consultant, agent or advisor) with a Competitive Enterprise in the Restricted Territory and in connection with Executive’s association engage, or directly or indirectly manage or supervise
personnel engaged, in any activity: 
 (a) that is substantially related to any activity that Executive was engaged in with the
Company during the 12 months prior to the date of termination of Executive’s employment, 
 (b) that is substantially
related to any activity for which Executive had direct or indirect managerial or supervisory responsibility with the Company during the 12 months prior to the date of termination of Executive’s employment, or 
 (c) that calls for the application of specialized knowledge or skills substantially related to those used by Executive in Executive’s
activities with the Company during the 12 months prior to the date of termination of Executive’s employment. 
 6.2.
Non-Solicitation. During the Restricted Period, Executive shall not, in any manner, directly or indirectly (without the prior written consent of the Company): (i) Solicit any Client to transact business with a Competitive Enterprise in
the Restricted Territory or to reduce or refrain from doing any business with the Company, (ii) interfere with or damage any relationship between the Company and a Client or (iii) Solicit anyone who is then an employee of the Company (or
who was an employee of the Company within the prior 12 months) to resign from the Company or to apply for or accept employment with any other business or enterprise. 
  

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 6.3. Validity. The terms and provisions of this Article 6 are intended to be separate
and divisible provisions and if, for any reason, any one or more of them is held to be invalid or unenforceable, neither the validity nor the enforceability of any other provision of this Agreement shall thereby be affected. The parties hereto
acknowledge that the potential restrictions on Executive’s future employment imposed by this Article 6 are reasonable in both duration and geographic scope and in all other respects. If for any reason any court of competent jurisdiction shall
find any provisions of this Article 6 unreasonable in duration or geographic scope or otherwise, Executive and the Company agree that the restrictions and prohibitions contained herein shall be effective to the fullest extent allowed under
applicable law in such jurisdiction. 
 6.4. Consideration. The parties acknowledge that this Agreement would not have
been entered into and the benefits described herein would not have been promised in the absence of Executive’s promises under this Article 6. 
 6.5. Cease Payments. In the event that Executive breaches Section 6.1 or 6.2, the Company’s obligation to make or provide payments or benefits under Article 2 shall cease, to the extent
not already paid or provided. 
 ARTICLE 7 
 SUCCESSORS; BINDING AGREEMENT 
 7.1. This Agreement will inure to the
benefit of and be binding upon the Company and its successors and assigns. 
 7.2. The Company will require any successor
(whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent
that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as defined above and any successor to its business and/or assets which assumes and agrees
to perform this Agreement by operation of law or otherwise. 
 7.3. This Agreement shall be binding upon, and shall inure to the
benefit of and be enforceable by, the Executive, the Executive’s heirs, personal representatives, executors and administrators. 
 ARTICLE 8 
 ATTORNEY’S FEES 
 Each party will bear all attorney’s fees and related expenses in connection with or relating to the negotiation and enforcement of this
Agreement; provided, that if Executive is wholly successful on the merits of any action or proceeding to enforce Executive’s rights under this Agreement, the Company shall reimburse all reasonable attorney’s fees and related expenses
incurred by Executive in connection with such action or proceeding. 
  

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 ARTICLE 9 
 EMPLOYMENT WITH SUBSIDIARIES 
 Employment with the Company for purposes of
this Agreement shall include employment with any subsidiary of the Company. 
 ARTICLE 10 
 NO SETOFF 
 No amounts otherwise due or payable under this Agreement shall be subject to setoff by the Company. 
 ARTICLE 11

 NOT A CONTRACT FOR EMPLOYMENT 
 This Agreement shall not in any way constitute an employment agreement between the Company and the Executive and it shall not oblige the Executive to continue in the employ of Company, nor shall it oblige
the Company to continue to employ the Executive. 
 ARTICLE 12 
 RIGHTS UNDER OTHER PLANS AND AGREEMENTS 
 The
severance benefits herein provided shall be in addition to, and are not intended to reduce, restrict or eliminate any benefit to which the Executive may otherwise be entitled by virtue of his termination of employment or otherwise. 
 ARTICLE 13 
 NOTICES 
 All notices and other communications required to be given hereunder shall be in writing and shall be
deemed to have been delivered or made when mailed, by certified mail, return receipt requested, if to the Executive, to the last address which the Executive shall provide to the Employer, in writing, for this purpose, but if the Executive has not
then provided such an address, then to the last address of the Executive then on file with the Company; and if to the Company, then to the last address which the Company shall provide to the Executive, in writing, for this purpose, but if the
Company has not then provided the Executive with such an address, then to: 
 President and Chief Executive Officer 

First Commonwealth Financial Corporation 
 Old Courthouse Square 
 22 North Sixth Street 
 Indiana, Pennsylvania 15701 
  

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 ARTICLE 14 
 GOVERNING LAW AND JURISDICTION 
 This Agreement shall
be governed by, and construed in accordance with, the laws of the Commonwealth of Pennsylvania, except for the laws governing conflict of laws. In the event that either party shall institute suit or other legal proceeding, whether in law or equity,
the Courts of the Commonwealth of Pennsylvania shall have exclusive jurisdiction with respect thereto. 
 ARTICLE 15

 ENTIRE AGREEMENT 
 This Agreement constitutes the entire understanding between the Company and the Executive concerning the subject matter hereof and supersedes all prior written or oral agreements or understandings between
the parties hereto. No term or provision of this Agreement may be changed, waived, amended or terminated except by a written instrument of equal formality to this Agreement. 
 Signature page follows. 
  

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 IN WITNESS WHEREOF, the parties have executed this Change of Control Agreement as of the
date set forth above. 
  

									
		 	(Corporate Seal)	 		 	 FIRST COMMONWEALTH FINANCIAL
 CORPORATION

					
		 	  
	 		 	By:	 	 /s/ John J. Dolan

		 	Corporate Secretary	 		 		 	John J. Dolan
		 		 		 		 	President and Chief Executive Officer
				
		 	 /s/ Matthew C. Tomb
	 		 	 /s/ Robert E. Rout

		 	Witness	 		 		 	Robert E. Rout

  

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