Document:

EX-10.1

 Exhibit 10.1 
 UNITED COMMUNITY FINANCIAL CORP. & 
 THE HOME SAVINGS AND LOAN COMPANY
OF YOUNGSTOWN, OHIO 
 EXECUTIVE INCENTIVE PLAN 

ADOPTED: May 29, 2012 
 The United Community Financial Corp.’s (the “Company”) Executive Incentive Plan (“EIP”) provides incentive compensation awards to certain executive officers, which at the time of
adoption of the EIP included Patrick W. Bevack, President and CEO of the Company and the Company’s wholly-owned subsidiary, The Home Savings and Loan Company of Youngstown, Ohio (“Home Savings”), James R. Reske, Treasurer and Chief
Financial Officer of the Company and Executive Vice President of Home Savings, Jude J. Nohra, General Counsel and Secretary of the Company and Senior Vice President, General Counsel and Secretary of Home Savings, Gregory G. Krontiris, Senior Vice
President and Chief Lending Officer of Home Savings, Matthew T. Garrity, Senior Vice President and Chief Credit Officer of Home Savings and Timothy W. Esson, Senior Vice President, Chief Financial Officer and Treasurer of Home Savings. Executive
incentive awards are based upon the actual performance of the Company for the 12 months ended September 30 compared to the actual performance of the peer group (see below) during the same 12 month period. See the “Weightings”
table below. 
 The Compensation Committee and the Board of Directors previously developed a peer group, which includes the
following eighteen (18) organizations. 
 2012 Peer Group: 

 

			
	Community Trust Bancorp, Inc. (CTBI)	  	Macatawa Bank Corporation (MCBC)
	ESB Financial Corporation (ESBF)	  	MainSource Financial Group, Inc. (MSFG)
	Farmers Capital Bank Corporation (FFKT)	  	Mercantile Bank Corporation (MBWM)
	First Defiance Financial Corp. (FDEF)	  	Metro Bancorp, Inc. (METR)
	First Financial Corporation (THFF)	  	Old Second Bancorp, Inc. (OSBC)
	First Place Financial Corp. (FPFC)	  	Peoples Bancorp Inc. (PEBO)
	Independent Bank Corporation (IBCP)	  	Porter Bancorp, Inc. (PBIB)
	Integra Bank Corporation (IBNK)	  	S. Y. Bancorp, Inc. (SYBT)
	Lakeland Financial Corporation (LKFN)	  	Univest Corporation of Pennsylvania (UVSP)

 In order for any awards to be made under the EIP for a calendar year’s performance, the Company must
report positive net income for that calendar year ended December 31, calculated in accordance with GAAP, but adjusted to exclude the effect of extraordinary items. If this threshold is met, incentive awards will be calculated based upon the
Company’s performance against its peers in five of the six weighted performance measures. Performance against the peer group is only measured against five of the six weighted performance measures because performance against budgeted net income
is intrinsic to UCFC. See the “Weightings” table below. 
 For 2012, the target and maximum incentive awards,
respectively, measured as a percentage of base salary are as follows: Mr. Bevack—50%, 100%; and Messrs. Esson, Garrity, Krontiris, Nohra and Reske—40%, 80%. Once the award under the EIP is calculated, it is paid 60% in cash and 40% in
restricted stock or stock options. The restricted stock or stock option awards will be awarded under the Amended and Restated United Community Financial Corp. 2007 Long-Term Incentive Plan and vest equally over three years, beginning on the first
anniversary of the award. 
 The calculation of the incentive awards under the EIP is as follows. First, it must be determined
where the Company’s actual performance falls in comparison to the peer group for each of the six performance measures. The comparison is based upon percentiles that correspond to a threshold level for that performance measure. See the
“Threshold Levels” table below. 

 Threshold Levels: 
  

																									
	 	  	Overall Profitability	 	 	Growth
Rate	 	 	Asset Quality	 
	 Level
	  	Core
ROAE	 	 	Core
ROAA	 	 	Net 
Income
Budget	 	 	Core
Deposit
Growth	 	 	Texas
Ratio	 	 	NCOs/
Average
Loans	 
	 1
	  	 	<25th Pct	  	 	 	<25th Pct	  	 	 
 	70% of
Budget	  
  	 	 	<25th Pct	  	 	 	<25th Pct	  	 	 	<25th Pct	  
	 2
	  	 	25th	  	 	 	25th	  	 	 	75%	  	 	 	25th	  	 	 	25th	  	 	 	25th	  
	 3
	  	 	30th	  	 	 	30th	  	 	 	80%	  	 	 	30th	  	 	 	30th	  	 	 	30th	  
	 4
	  	 	35th	  	 	 	35th	  	 	 	85%	  	 	 	35th	  	 	 	35th	  	 	 	35th	  
	 5
	  	 	40th	  	 	 	40th	  	 	 	95%	  	 	 	40th	  	 	 	40th	  	 	 	40th	  
		  	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 
	 6
	  	 	Median	  	 	 	Median	  	 	 	100%	  	 	 	Median	  	 	 	Median	  	 	 	Median	  
		  	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 
	 7
	  	 	55th	  	 	 	55th	  	 	 	105%	  	 	 	55th	  	 	 	55th	  	 	 	55th	  
	 8
	  	 	60th	  	 	 	60th	  	 	 	115%	  	 	 	60th	  	 	 	60th	  	 	 	60th	  
	 9
	  	 	65th	  	 	 	65th	  	 	 	120%	  	 	 	65th	  	 	 	65th	  	 	 	65th	  
	 10
	  	 	70th	  	 	 	70th	  	 	 	125%	  	 	 	70th	  	 	 	70th	  	 	 	70th	  
	 11
	  	 	>75th Pct	  	 	 	>75th Pct	  	 	 	130%	  	 	 	>75th Pct	  	 	 	>75th Pct	  	 	 	>75th Pct	  
		  	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 	 	  
	  
	 

 Definitions: 
  

	 	•	 	 Pct: Percentile Rank within defined Peer Group 

  

	 	•	 	 “Core” ROAE and ROAA: GAAP performance excluding extraordinary items; 

 

	 	•	 	 Core Deposit Growth: Total Deposits, less CDs > $100,000, brokered deposits and public deposits; 

 

	 	•	 	 Texas Ratio: Nonperforming Assets divided by sum of Tangible Common Equity plus Loan Loss Reserve; and 

 

	 	•	 	 “NCOs”: means Net charge offs. 

 Then, the threshold level achieved is used to determine the bonus percentage for that performance measure based upon the executive officer’s position. See the “Bonus Percentages”
table below. 
 Bonus Percentages as Percent of Base Compensation: 

 

											
	 Threshold
 Level
	  	Pres/CEO
Group 1	 	 	EVP/SVP’s
Group 2	 	 	 Actual Performance versus Peers

	 1
	  	 	0.0	% 	 	 	0.0	% 	 	Below 25th Percentile
	 2
	  	 	10.0	% 	 	 	8.0	% 	 	Above 25th percentile
	 3
	  	 	20.0	% 	 	 	16.0	% 	 	Above 30th percentile
	 4
	  	 	30.0	% 	 	 	24.0	% 	 	Above 35th Percentile
	 5
	  	 	40.0	% 	 	 	32.0	% 	 	Above 40th Percentile
		  	  
	  
	 	 	  
	  
	 	 	  

	 6
	  	 	50.0	% 	 	 	40.0	% 	 	At or Above Median
		  	  
	  
	 	 	  
	  
	 	 	  

	 7
	  	 	60.0	% 	 	 	48.0	% 	 	Above 55th Percentile
	 8
	  	 	70.0	% 	 	 	56.0	% 	 	Above 60th Percentile
	 9
	  	 	80.0	% 	 	 	64.0	% 	 	Above 65th Percentile
	 10
	  	 	90.0	% 	 	 	72.0	% 	 	Above 70th Percentile
	 11
	  	 	100.0	% 	 	 	80.0	% 	 	At or Above
75th Percentile
		  	  
	  
	 	 	  
	  
	 	 	  

 The bonus percentage is multiplied by the performance measure’s assigned weighting and by the
executive’s base salary to determine what amount, if any, is awarded for the Company’s actual performance for that performance measure. The amount earned for each performance measure is added together to determine the total incentive award
under the EIP. 

 Weightings for Performance Measures: 

 

					
	Profitability	  	Weight	 
		  	 	40.0	% 
		  	  
	  
	 
	 ROAE
	  	 	5.0	% 
	 ROAA
	  	 	25.0	% 
	 Budget Net Income
	  	 	10.0	% 
		
	 Growth
	  	 	10.0	% 
		  	  
	  
	 
	 Core Deposit Growth
	  	 	10.0	% 
		
	 Asset Quality
	  	 	50.0	% 
		  	  
	  
	 
	 Texas Ratio
	  	 	40.0	% 
	 NCOs/Average Loans
	  	 	10.0	% 
		
	 Total Weighting
	  	 	100.0	% 
		  	  
	  
	 

 For example, if the Company’s Core ROAE for 2012 falls into the 40th percentile when compared to its
peers, Mr. Bevack’s incentive award for that performance measure would be as follows: 
  

															
	Incentive Plan	  	 	 	  	Bonus Percentage (based)	  	 	 	  	 	  	 
	 Weighting
	  	 	 	  	 on Threshold Level achieved
	  	 	 	  	 Base Salary
	  	 
	 5.0%
	  	 	X	  	  	40%	  	 	X	  	  	$375,000.00	  	= $7,500.00

 The Plan further provides that a participant in the Plan must be employed with the Company on the date
the award is made; otherwise, the participant is not entitled to any award. 
 The Board maintains discretion to amend, modify,
terminate or otherwise adjust the Plan as necessary.Summary of Executive Compensation

 Exhibit 10.22 
 Summary of Executive Officer Compensation 
 The following executive
officers of ABIOMED, Inc. are at will employees of ABIOMED, Inc. and have not entered into a formal employment agreement with ABIOMED, Inc. The current understanding between each employee and ABIOMED, Inc. with respect to the employee’s
compensation is as follows: 
  

									
	 Name
	  	Base Salary	 	  	Target
Fiscal
2013
Bonus
(Percentage
of Salary)	 
	 William J. Bolt
	  	$	277,655	  	  	 	55	%
	 Andrew J. Greenfield
	  	$	244,149	  	  	 	50	%
	 Michael G. Howley
	  	$	278,409	  	  	 	60	%

 These officers are also eligible to receive grants of stock options and other awards at the discretion of
ABIOMED’s Compensation Committee. 
 We have an employment agreement with our Chief Executive Officer, Michael R. Minogue,
which sets forth the terms of his employment. Mr. Minogue’s current salary is $506,927 and his target bonus for fiscal 2013 is 120% of salary. We have an offer letter with our Chief Financial Officer, Robert L. Bowen, which sets forth the
terms of his employment. Mr. Bowen’s current salary is $310,767 and his target bonus for fiscal 2013 is 50% of salary. We also have an offer letter with our Chief Operating Officer, David M. Weber, which sets forth the terms of his
employment. Mr. Weber’s current salary is $333,506 and his target bonus for fiscal 2013 is 65% of salary.Summary of Director Compensation

 Exhibit 10.23 

Summary of Director Compensation 
 Directors of ABIOMED who are not our employees receive an annual retainer of $36,000 or an equivalent value of our common stock, at the individual’s option. Our Lead Director receives additional
annual compensation of $25,000. In addition, the Chair of our Audit Committee receives additional annual compensation of $17,500 and each member of our Audit Committee receives additional annual compensation of $7,500. The Chair of our Compensation
Committee receives additional annual compensation of $10,000 and each member of our Compensation Committee receives additional annual compensation of $5,000. The Chair of our Nominating and Governance Committee receives additional annual
compensation of $7,000 and each member of our Nominating and Governance Committee receives additional annual compensation of $5,000. If our Board of Directors or any of its Committees has an unusually large number of meetings in any year, our Board
of Directors has the authority to pay each Director $1,200 for attendance at meetings of our Board of Directors and $1,000 for attendance at any meetings of Committees of our Board of Directors. Similarly, our Board of Directors has the authority to
pay $1,000 to the Chair of our Audit Committee for attendance at meetings of our Audit Committee and $1,300 to the Chair of our Nominating and Governance Committee for attendance at meetings of our Nominating and Governance Committee. 

Our non-employee directors are also eligible to receive stock options and other awards under our stock incentive plans. It is
currently our policy to grant each non-employee director who continues to be a director following our annual meeting of stockholders, a performance share award in the form of restricted stock units covering 5,333 shares of our common stock, vesting
annually over three years from the date of grant. It is also currently our policy to grant a stock option to purchase 25,000 shares of our common stock upon the appointment of new non-employee directors, with an exercise price of the fair market
value of our common stock on the date of grant, and vesting annually over five years. 
 Our directors are also eligible for
additional compensation in the event that they perform additional services for ABIOMED in excess of the normal time commitments we expect of our directors.

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