Document:

EX-10.3

 Exhibit 10.3 

FIRST DEFIANCE FINANCIAL CORP. 

2018 EQUITY INCENTIVE PLAN 

AMENDMENT TO 

PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENTS 

This Amendment to Performance-Based Restricted Stock Unit Award Agreements (this “Amendment Agreement”) is made and
entered into by and between First Defiance Financial Corp. (the “Company”) and [_______________] (the “Participant,” and together with the Company, the “Parties”). 

RECITALS 
 A. The Company
and the Participant are parties to certain Performance-Based Restricted Stock Unit Award Agreements set forth in Attachment A hereto (the “Awards”), under the First Defiance Financial Corp. 2018 Equity Incentive Plan
(the “Plan”). 
 B. Under the Awards, the Participant holds a number of restricted stock units (the
“RSUs”) which shall vest in an amount based upon Company performance during specified three-year performance periods (the “Performance Periods”) and other terms set forth therein. 

C. The Company is a party to an Agreement and Plan of Merger between the Company and United Community Financial Corp. (“United
Community”), dated as of September 9, 2019, under which United Community will merge with and into the Company (the “Merger”). 

D. The Merger will occur during the Performance Periods, and due to the effects of the Merger, measurements of Company performance for periods
before and after the Merger will not be comparable, and therefore, not readily determinable. 
 E. Without adjustment to the Awards to
account for the effects of the Merger, the Merger may unintentionally impact the number of RSUs subject to the Awards in which the Participant will vest. 

F. The Company and the Participant agree that adjustment of the Awards as specified in this Amendment Agreement will preserve the intent of
the Company to incentivize and reward Participant’s contributions to the Company’s performance and will not impair the value of the Awards to the Participant. 

G. This Amendment Agreement is strictly conditioned upon and subject to the consummation of the Merger, and absent the consummation of the
Merger, this Amendment Agreement shall be null and void, ab initio. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual
promises and covenants of the Parties set forth in this Amendment Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby expressly
covenant, consent, and agree as follows: 

 1. Section 5 of each Award is amended by deleting the existing Section 5 in its
entirety and replacing it with the following: 
 “Vesting: At the end of the Performance Period, the Participant shall vest in
between 0% and 100% of the RSUs subject to the Target Award based on the achievement of the Performance Objectives set forth in attached Exhibit A during the Performance Period; provided, however, that the calculation of such
Performance Objectives shall occur as specified in this Section 5. 
 For the purposes of determining the number of RSUs subject to the
Target Award in which the Participant will vest, the Target Award shall be divided into three substantially equal tranches which correspond to the three calendar years in the applicable Performance Period. Notwithstanding anything in this Award
Agreement or to the contrary, and as applicable, the Performance Objectives for the 2018 Tranche and 2019 Tranche, each as may be applicable, shall be based on actual Company performance during calendar years 2018 and 2019; and the Performance
Objectives for the 2020 Tranche and 2021 Tranche, each as may be applicable, shall be deemed to have been satisfied at the target level for the Performance Objectives without respect to actual performance during calendar years 2020 and 2021. The
Committee shall determine the number of RSUs vesting with respect to each Tranche based on the foregoing and any other factors that the Committee deems relevant. The Committee, in its sole discretion, may adjust the number of RSUs vesting. 

Notwithstanding anything in Section 2 to the contrary, the end of the Performance Period for each Award outstanding as of the date hereof
shall be the date of the closing of the merger, as defined in the Agreement and Plan of Merger between the Company and United Community Financial Corp., dated as of September 9, 2019. The RSUs shall settle thereafter as provided in
Section 8.” 
 2. Section 6 of each Award is amended by deleting the existing Section 6(a) in its entirety and replacing it
with the following: 
 “Death; Disability; Retirement: If the Participant dies, becomes Disabled or Retires during any
Performance Period, the Participant shall vest in a number of RSUs for that Performance Period as provided in Section 5, as if the Participant had remained in the employ of the Company through the end of the applicable Performance Period.
Vested RSUs shall be settled in a lump sum within 60 days following the Participant’s death, Disability or Retirement. 

 3. Section 6 of each Award is amended by deleting the existing Section 6(b) in its
entirety and replacing it with the following: 
 “Change in Control: If a Change in Control occurs during a Performance Period
and the Participant is terminated by the Company prior to the conclusion of the Performance Period other than for Cause, the Participant shall vest in the number of RSUs as provided in Section 5, as if the Participant had remained in the employ
of the Company through the end of the applicable Performance Period. Such vested RSUs shall be settled in a lump sum within 60 days following the Participant’s termination.” 

4. Solely for the purpose of Section 6(b) of each Award, as amended, the Company has determined that the consummation of the Merger shall
be deemed to be a Change in Control. 
 5. In all other respects, the Awards shall remain unchanged and in full force and effect. 

*     *     *     * 

IN WITNESS WHEREOF, the Company has caused this Amendment Agreement to be executed in its name and on its behalf as of the date first
written below, and the Participant acknowledges acceptance of the terms and conditions of this Amendment Agreement. 
  

			
	PARTICIPANT	 	
		
	                                     
                                         
                      	 	Date:                         
		
	FIRST DEFIANCE FINANCIAL CORP.	 	
		
	By:
                                         
                                         
           	 	Date:                         
		
	Its:
                                         
                                         
            	 	

 Attachment A 

Performance-Based Restricted Stock Unit Award Agreements 
  

							
	Date of Award	  	 Target Number

of RSUs
	  	 Tranches Vesting at

Actual Performance
	  	Tranches Vesting at Target Performance
				
	[_________], 2018	  	[            ]	  	 2018 Tranche

2019 Tranche
	  	2020 Tranche
				
	[_________], 2019	  	[            ]	  	2019 Tranche	  	 2020 Tranche

2021 TrancheEX-10.4

 Exhibit 10.4 

FIRST DEFIANCE FINANCIAL CORP. 

2018 EQUITY INCENTIVE PLAN 

AMENDMENT TO PERFORMANCE-BASED  

RESTRICTED STOCK UNIT AWARD AGREEMENTS – LONG TERM GROWTH 

This Amendment to Performance-Based Restricted Stock Unit Award Agreements – Long Term Growth (this “Amendment
Agreement”) is made and entered into by and between First Defiance Financial Corp. (the “Company”) and [_______________] (the “Participant,” and together with the Company, the “Parties”).

 RECITALS 
 A. The
Company and the Participant are parties to that certain Performance-Based Restricted Stock Unit Award Agreement – Long Term Growth set forth in Attachment A hereto (the “Award”), under the First Defiance Financial
Corp. 2018 Equity Incentive Plan (the “Plan”). 
 B. Under the Award, the Participant holds a number of restricted stock
units (the “RSUs”) which shall vest in an amount based upon Company performance during a specified three-year performance period (the “Performance Period”) and other terms set forth therein. 

C. The Company is a party to an Agreement and Plan of Merger between the Company and United Community Financial Corp. (“United
Community”), dated as of September 9, 2019, under which United Community will merge with and into the Company (the “Merger”). 

D. The Merger will occur during the Performance Period, and due to the effects of the Merger, measurements of Company performance for periods
before and after the Merger will not be comparable, and therefore, not readily determinable. 
 E. Without adjustment to the Award to
account for the effects of the Merger, the Merger may unintentionally impact the number of RSUs subject to the Award in which the Participant will vest. 

F. The Company and the Participant agree that adjustment of the Award as specified in this Amendment Agreement will preserve the intent of the
Company to incentivize and reward Participant’s contributions to the Company’s performance and will not impair the value of the Award to the Participant. 

G. This Amendment Agreement is strictly conditioned upon and subject to the consummation of the Merger, and absent the consummation of the
Merger, this Amendment Agreement shall be null and void, ab initio. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual
promises and covenants of the Parties set forth in this Amendment Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby expressly
covenant, consent, and agree as follows: 

 1. Section 5 of the Award is amended by deleting the existing Section 5 in its entirety
and replacing it with the following: 
 “Vesting: At the end of the Performance Period, the Participant shall vest in between 0%
and 100% of the RSUs subject to the Maximum Award based on the achievement of the Performance Objectives set forth below during the Performance Period; provided, however, that the calculation of such Performance Objectives shall occur as
specified in this Section 5. 
 For the purposes of determining the number of RSUs subject to the Maximum Award in which the Participant
will vest, the Maximum Award shall be divided into three substantially equal tranches which correspond to the three calendar years in the applicable Performance Period. Notwithstanding anything in this Award Agreement or to the contrary, and as
applicable, the Asset Growth for the 2018 and 2019 Tranche, each as may be applicable, shall be based on actual Company performance during calendar years 2018 and 2019; and the Asset Growth for the 2020 Tranche and 2021 Tranche, each as may be
applicable, shall be deemed to have been at the level necessary to earn one hundred percent (100%) of the RSUs, without respect to actual performance during calendar years 2020 and 2021. The Committee shall determine the number of RSUs vesting with
respect to each Tranche based on the foregoing and any other factors that the Committee deems relevant. The Committee, in its sole discretion, may adjust the number of RSUs vesting. 

Notwithstanding anything in Section 2 to the contrary, the end of the Performance Period for each Award outstanding as of the date hereof
shall be the date of the closing of the merger, as defined in the Agreement and Plan of Merger between the Company and United Community Financial Corp., dated as of September 9, 2019. The RSUs shall settle thereafter as provided in
Section 8.” 
 2. Section 6 of the Award is amended by deleting the existing Section 6(a) in its entirety and replacing it
with the following: 
 “Death; Disability; Retirement: If the Participant dies, becomes Disabled or Retires during any
Performance Period, the Participant shall vest in a number of RSUs for that Performance Period as provided in Section 5, as if the Participant had remained in the employ of the Company through the end of the applicable Performance Period.
Vested RSUs shall be settled in a lump sum within 60 days following the Participant’s death, Disability or Retirement. 

 3. Section 6 of the Award is amended by deleting the existing Section 6(b) in its
entirety and replacing it with the following: 
 “Change in Control: If a Change in Control occurs during a Performance Period
and the Participant is terminated by the Company prior to the conclusion of the Performance Period other than for Cause, the Participant shall vest in the number of RSUs as provided in Section 5, as if the Participant had remained in the employ
of the Company through the end of the applicable Performance Period. Such vested RSUs shall be settled in a lump sum within 60 days following the Participant’s termination.” 

4. Solely for the purpose of Section 6(b) of the Award, as amended, the Company has determined that the consummation of the Merger shall
be deemed to be a Change in Control. 
 5. In all other respects, the Award shall remain unchanged and in full force and effect. 

*     *     *    * 

IN WITNESS WHEREOF, the Company has caused this Amendment Agreement to be executed in its name and on its behalf as of the date first
written below, and the Participant acknowledges acceptance of the terms and conditions of this Amendment Agreement. 
  

			
	PARTICIPANT	  	
		
	                                     
                                         
                      	  	Date:                         
		
	FIRST DEFIANCE FINANCIAL CORP.	  	
		
	By:
                                         
                                         
           	  	Date:                         
		
	Its:
                                         
                                         
            	  	

 Attachment A 

Performance-Based Restricted Stock Unit Award Agreements 
  

							
	Date of Award	  	 Target Number

of RSUs
	  	Tranche Vesting at Actual Performance	  	Tranches Vesting at Target Performance
				
	[_________], 2018	  	[            ]	  	 2018 Tranche

2019 Tranche
	  	2020 Tranche
				
	[_________], 2019	  	[            ]	  	2019 Tranche	  	 2020 Tranche

2021 Tranche

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