Document:

Agreement

 Exhibit 10.3 
  
 December 4, 2008 
  
 Steve Filton 
 Senior Vice President & CFO 
 UHS of Delaware, Inc. 
 367 South Gulph Road 
 King of Prussia, PA 19406 
  
 Dear Steve; 
  
 The Board of
Trustees of Universal Health Realty Income Trust, at their December 4, 2008 meeting, authorized the renewal of the current Advisory Agreement between the Trust and UHS of Delaware, Inc. (“Agreement”) upon the same terms and
conditions. 
  
 This letter constitutes the Trust’s offer to
renew the Agreement, until December 31, 2009, upon the same terms and conditions. Please acknowledge UHS of Delaware’s acceptance of this offer by signing in the space provided below and returning one copy of this letter to me. Thank you.

  

	
	 Sincerely,

	
	 /s/ Cheryl K. Ramagano

	 Cheryl K. Ramagano
 Vice President & Treasurer

  
 Agreed and Accepted: 
  

			
	 UHS OF DELAWARE, INC. 

		
	By:	 	 /s/ Steve Filton

		 	 Steve Filton
 Senior Vice President and CFO

  

	cc:	Charles BoyleAmended and Restated Supplemental Executive Retirement Plan

 Exhibit 10.6 
 FIRST COMMONWEALTH FINANCIAL CORPORATION 
 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN 
 As Amended and Restated 
 Effective as of
January 1, 2008 

 THIS PLAN, as amended and restated as of the 1st day of January, 2008. 
 WITNESSETH

 RECITALS 
 The
First Commonwealth Financial Corporation Supplemental Executive Retirement Plan (the “Plan”) was originally adopted as of January 1, 1998, by First Commonwealth Financial Corporation, a bank holding company organized and existing
under the laws of the Commonwealth of Pennsylvania (the “Employer”) for certain Executive Employees (as defined herein) of the Employer. 
 WHEREAS, pursuant to the authority reserved in Section 11.1 of the Plan, the Plan has been amended from time to time to incorporate changes that have been deemed appropriate; 
 WHEREAS, the Plan was most recently amended and restated effective as of January 1, 2003; and 
 WHEREAS, as a result of application of certain provisions of Internal Revenue Code Section 409A which generally become effective as of
January 1, 2009, it has been deemed appropriate that the Plan again be amended and restated; 
 Accordingly, the Plan, as amended and restated, is
hereby adopted. 

 TABLE OF CONTENTS 
  

							
	 ARTICLE
	 	 TITLE
	  	 PAGE

	 I
	 	 DEFINITIONS
	  	1
			
	 II
	 	 INTRODUCTION AND PURPOSE
	  	5
				
		 	 2.1
	  	 Introduction
	  	5
		 	 2.2
	  	 Purpose
	  	5
			
	 III
	 	 PARTICIPATION
	  	6
				
		 	 3.1
	  	 Participation
	  	6
		 	 3.2
	  	 Termination of Employment
	  	6
			
	 IV
	 	 CONTRIBUTIONS AND ALLOCATIONS
	  	7
				
		 	 4.1
	  	 Salary Reduction (Elective) Contributions
	  	7
		 	 4.2
	  	 Non-Elective Contributions
	  	7
		 	 4.3
	  	 Termination of Employment During Year
	  	8
			
	 V
	 	 VESTING
	  	9
				
		 	 5.1
	  	 Vesting in Salary Reduction (Elective) Contributions
	  	9
		 	 5.2
	  	 Vesting in Non-Elective Contributions
	  	9
			
	 VI
	 	 INVESTMENTS AND VALUATIONS
	  	10
				
		 	 6.1
	  	 Investment of Participant’s Aggregate Account
	  	10
		 	 6.2
	  	 Adjustment of Investment Earnings
	  	10
		 	 6.3
	  	 Valuation of the Investment Funds
	  	10
		 	 6.4
	  	 Right to Change Procedures
	  	11
		 	 6.5
	  	 Statement of Accounts
	  	11
			
	 VII
	 	 DETERMINATION AND DISTRIBUTION OF BENEFITS
	  	12
				
		 	 7.1
	  	 Distribution Events
	  	12
		 	 7.2
	  	 Distribution Forms
	  	13
		 	 7.3
	  	 Distribution Timing
	  	15
		 	 7.4
	  	 Distribution Elections for Post-December 31, 2007 Salary Deferrals and FCFC Contributions
	  	15
		 	 7.5
	  	 Post-December 31, 2007 Installment Payments Considered Separate Payments
	  	15
		 	 7.6
	  	 Making of Distribution
	  	15

							
	 VIII
	 	 BENEFICIARIES; PARTICIPANT DATA
	  	17
				
		 	 8.1
	  	 Beneficiary Designations
	  	17
		 	 8.2
	  	 Communications
	  	17
			
	 IX
	 	 ADMINISTRATION
	  	18
				
		 	 9.1
	  	 Powers and Responsibilities of Administrator
	  	18
		 	 9.2
	  	 Plan Sponsor
	  	18
		 	 9.3
	  	 Powers and Responsibilities of Committee
	  	18
		 	 9.4
	  	 Claims Procedure
	  	18
			
	 X
	 	 TRUST FUND
	  	20
				
		 	 10.1
	  	 Establishment of Trust
	  	20
		 	 10.2
	  	 Right of Assignment and Transfer of Interest
	  	20
		 	 10.3
	  	 Unfunded Nature of Plan
	  	20
			
	 XI
	 	 AMENDMENT AND TERMINATION
	  	21
				
		 	 11.1
	  	 Amendment
	  	21
		 	 11.2
	  	 Termination of Plan
	  	21
			
	 XII
	 	 MISCELLANEOUS
	  	22
				
		 	 12.1
	  	 Limitation of Rights
	  	22
		 	 12.2
	  	 Headings
	  	22
		 	 12.3
	  	 Gender and Number
	  	22
		 	 12.4
	  	 Governing Law
	  	22

 ARTICLE I 
 DEFINITIONS 
 As used in this Plan, the following words and phrases shall have the meaning set forth below,
unless a different meaning is clearly required by the context: 
  

	1.1	“Act” means the Employee Retirement Income Security Act of 1974 (P.L. 93-406, 29 USC § 1001 et seq), as the same maybe amended from time to time.

  

	1.2	“Administrator” means the Employer. 

  

	1.3	“Aggregate Account” means, with respect to each Participant, the value of all accounts maintained on behalf of that Participant. 

  

	1.4	“Anniversary Date” means December 31, 2008 and each thirty-first day of December thereafter. 

  

	1.5	“Basic 401(k) Plan” means the First Commonwealth Financial Corporation 401(k) Retirement Savings and Investment Plan, as amended from time to time.

  

	1.6	“Beneficiary” means the person to whom, or the entity to which, a share of a deceased Participant’s interest in the Plan is payable. 

  

	1.7	“Board of Directors” means the Board of Directors of the Employer. 

  

	1.8	“Change of Control” means any person or group of persons acting in concert (within the meaning of Section 13(d) of the Securities Exchange Act of 1934 and the
regulations of the Securities and Exchange Commission promulgated hereunder) who shall acquire legal or beneficial ownership interest, or voting rights, in twenty-five percent (25%) or more of the common voting stock of the Employer and a
Participant is separated from service with the Employer as a result of the Change of Control. 

  

	1.9	“Committee” means the Executive Compensation Committee of the Board of Directors of the Employer, as the same shall from time to time be constituted.

  

	1.10	“Compensation” with respect to any Participant means such Participant’s base compensation paid to him during the Plan Year plus overtime pay, bonuses, commissions and
incentive pay, but excluding any non-qualified deferred compensation, income from exercise of stock options, separation pay, early retirement pay, any reimbursement or other expense allowances and other taxable fringe benefits.

  

	1.11	“Code” means the Internal Revenue Code of 1986 (26 USC), as amended from time to time. 

  

	1.12	“Deferred Compensation” means that portion of a Participant’s remuneration which he would have been entitled to receive in cash during a calendar year but for a
Salary Reduction Agreement between such Participant and the Employer. 

  

	1.13	“Effective Date” means the first day of January, 2008. The original effective date of the Plan was January 1, 1998. 

  

 1 

	1.14	“Elective Contribution” means the Employer’s contributions to this Plan that are made pursuant to the Participant’s deferral election in accordance with
Section 4.1 hereof. 

  

	1.15	“Employee” means any person employed by the Employer or of any subsidiaries or affiliates of which the Employer shall own a fifty percent (50%) or greater capital
interest, but shall not include consultants, directors who are not also employed by the Employer and other persons not employed by the Employer. 

  

	1.16	“Employer” means First Commonwealth Financial Corporation, a bank holding company, and any successor or successors thereto. 

  

	1.17	“ESOP” means the First Commonwealth Financial Corporation Employee Stock Ownership Plan, as amended from time to time. 

  

	1.18	“Executive Employee” means an Employee who is a member of the Employer’s select group of management or highly compensated employees within the meaning of
Section 201(2) of the Act (29 USC § 1051(2)). 

  

	1.19	“Fiduciary” means any person who, or entity which, (a) exercises any discretionary authority or discretionary control respecting management of the Plan or exercises
any authority or control respecting management or disposition of its assets, (b) renders investment advice for a fee or other compensation, direct or indirect, with respect to any moneys or other property of the Plan or has any authority or
responsibility to do so, or (c) has any discretionary authority or discretionary responsibility in the administration of the Plan, including, but not limited to, the Trustee, the Employer and the Administrator. 

  

	1.20	“Forfeiture” means that portion of a Participant’s Account that is not Vested, and occurs on the same date that a forfeiture would occur for the Participant under
Basic 401(k) Plan. 

  

	1.21	“Former Participant” means a person who has once been a Participant hereunder but who is no longer an Employee and whose Vested Aggregate Account has not yet been fully
distributed to him. 

  

	1.22	“Investment Funds” means the various investment funds established and maintained under the Trust which shall be identical, (to the extent possible), or similar to those
maintained under the Basic 401(k) Plan. To the extent a stable value fund is used as an investment option, the applicable rules under that fund for transferring out of such investment option shall apply to all monies invested therein.

  

	1.23	“Labor Regulations” means the regulations of the United States Department of Labor (29 CFR), and as amended periodically. 

  

	1.24	“Non-Elective Contribution” means a contribution made by the Employer on behalf of a Participant other than an Elective Contribution. 

  

	1.25	“Participant” means any Executive Employee who participates in this Plan. 

  

	1.26	“Participant’s Aggregate Account” means the sum of a Participant’s Elective Account and the Participant’s Non-Elective Account. 

  

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	1.27	“Participant’s Elective Account” means the account established and maintained by the Administrator for each Participant with respect to his interest in the Plan
resulting from his Elective Contributions. 

  

	1.28	“Participant’s Non-Elective Account” means the account established and maintained by the Administrator for each Participant with respect to his interest in the Plan
resulting from his Non-Elective Contributions. 

  

	1.29	“Plan” means the First Commonwealth Financial Corporation Supplemental Executive Retirement Plan as contained herein or as subsequently amended and/or restated.

  

	1.30	“Plan Compensation” means a Participant’s Compensation, for each calendar year, in excess of the amount permitted to be reflected, for that calendar year, under the
Basic 401(k) Plan and ESOP because of the requirements of Section 401(a)(17) of the Code. 

  

	1.31	“Plan Year” means each calendar year commencing with the 2008 calendar year. 

  

	1.32	“Retirement Date” means the date on which a Participant can retire normally in accordance with the provisions of the Basic 401(k) Plan. 

  

	1.33	“Salary Reduction Agreement” means an agreement between a Participant and the Employer, or, if applicable, with the subsidiary or affiliate employing the Participant,
pursuant to which such Participant’s Compensation shall be reduced and he shall be entitled to Deferred Compensation pursuant to Section 4.1 hereof. 

  

	1.34	“Total Disability” means (a) the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental
impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (b) the Participant is determined to be totally disable by the Social Security Administration, or (c) the
Participant is determined to be disable in accordance with the long term disability program sponsored by FCFC. 

  

	1.35	“Treasury Regulation” means the income tax regulations as promulgated by the Secretary of the Treasury or his delegate (26 CFR), and as amended periodically.

  

	1.36	“Trust Administrative Committee” means the Trust Administrative Committee of the Trustee which shall have the authority to review, approve and modify Participant requests
for changes in the allocation of investments under the Plan with respect to a Participant’s Elective Account and Non-Elective Account. 

  

	1.37	“Trust Agreement” means that certain Agreement and Declaration of Trust made and entered into of even date with the Plan by and between the Employer, as settlor, and the
Trustee used for funding the benefits accrued hereunder, and any amendments, substitutions or recodifications thereto. 

  

	1.38	“Trust Fund” means the assets held in trust by the Trustee from time to time pursuant to the Trust Agreement. 

  

 3 

	1.39	“Trustee” means First Commonwealth Bank-Trust Division and any successor or successors thereto. 

  

	1.40	“Unforeseen Emergency” means a severe financial hardship resulting from an illness or accident of the Participant or the Participant is dependent (as defined in
Section 152 of the Internal Revenue Code), loss of the Participant or the Participant’s beneficiaries property due to casualty (including the need to rebuild a home following damage to a home not otherwise covered by insurance, for
example, not as a result of a natural disaster); or other similar extraordinary or unforeseeable circumstances arising as a result of events beyond the Participant’s control. For example, the imminent foreclosure of or eviction from the
Participant or the Participant’s beneficiaries primary residence may constitute an unforeseeable emergency. In addition, the need to pay for medical expenses, including non-refundable deductibles, as well as for the costs of prescription drug
medication, may constitute an unforeseeable emergency. Finally, the need to pay for the funeral expense of a spouse, or a dependent (as defined in Section 152 of the Internal Revenue Code) may also constitute an unforeseeable emergency. Whether
the Participant or the Participant’s beneficiary is faced with any unforeseeable emergency permitting a distribution is to be determined based on the relevant facts and circumstances of each case, but, in any case, a distribution on account of
unforeseeable emergency may not be made to the extent that such emergency is or may be relieved through reimbursement of compensation from insurance or otherwise, by liquidation of the Participant’s assets, to the extent the liquidation of such
assets would not cause severe financial hardship, or by cessation of deferrals under the Plan. 

 Distributions because of an
unforeseeable emergency must be limited to the amount reasonably necessary to satisfy the emergency need (which may include amounts necessary to pay any Federal, State, Local, or foreign income taxes or penalties reasonably anticipated to result
from the distribution). 
 Determination of amounts reasonably necessary to satisfy the emergency need must take into account any additional
compensation that is available because the Plan provides for cancellation of a Salary Deferral election upon a payment due to an unforeseeable emergency. 
  

	1.41	“Valuation Date” means each day during the year in which the New York Stock Exchange is open for trading. 

  

	1.42	“Vested” means the non-forfeitable portion of any account maintained on behalf of a Participant. 

  

	1.43	“Year of Service” means any calendar year of employment with the Employer in which an Executive Employee completes at least 1,000 Hours of Service.

  

 4 

 ARTICLE II 
 INTRODUCTION AND PURPOSE 
  

	2.1	Introduction 

 This Plan was originally adopted as
of January 1, 1998, and was amended and restated initially as of January 1, 2003. It is being amended and restated as of January 1, 2008 to comply with applicable provisions of Internal Revenue Code 409A. Notwithstanding anything to
the contrary, above, the provisions of the Plan that were in effect as of December 31, 2004 for those Executive Employees who were Participants on that date shall continue to apply for that portion of their Aggregate Account that was
attributable to Participant Elective Contributions and Non-Elective Contributions made through that date as well as earnings on such contributions. 
 The Plan continues to constitute “a plan which is unfunded and maintained by an employer primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees” within the
meaning of Section 201(2) of the Act (29 USC § 1051(2)) and the Labor Regulations applicable thereto. Accordingly, it shall be exempt from Parts 2 and 3 of Title I of the Act and shall be subject to simplified reporting and disclosure
under Part 1 of Title I of the Act as provided by the applicable Labor Regulations. 
  

	2.2	Purpose 

 The purpose of this Plan continues to be
to restore some of the equity to Participants as compared with other Employees that would otherwise be lost under certain provisions of the Basic 401(k) Plan and the ESOP that have been incorporated in those two latter instruments in order to meet
specific legal requirements, such as: 
 a. The maximum compensation restrictions contained at Section 401(a)(17) of the
Code. 
 b. The Actual Deferral Percentage restrictions contained at Section 401(k)(3)(ii) of the Code. 
 c. The Actual Contribution Percentage restrictions contained at Section 401(m)(2)(A) of the Code. 
 d. The maximum contribution and forfeiture restrictions contained at Section 415 of the Code. 
 e. The maximum salary reduction deferral restrictions contained at Section 402(g) of the Code. 
  

 5 

 ARTICLE III 
 PARTICIPATION 
  

	3.1	Participation 

 An Executive Employee will be
eligible for participation in the Plan if his/her total annual or annualized Plan Compensation for a calendar year exceeds the maximum limit on compensation that is recognized for tax-qualified retirement plans under Internal Revenue Code
Section 401(a)(17), as periodically cost-of-living adjusted. 
  

	3.2	Termination Of Employment 

 A Participant who ceases
being an Employee shall cease being a Participant hereunder and shall thereupon become a Former Participant. If such a Former Participant shall thereafter again become an Employee, he shall not automatically again become a Participant, but shall
become a Participant again if, and only if, his/her total annual or annualized Plan Compensation for a calendar year exceeds the maximum limit on compensation specified in 3.1 above. 
  

 6 

 ARTICLE IV 
 CONTRIBUTIONS AND ALLOCATIONS 
  

	4.1	Salary Reduction (Elective) Contributions 

 Any
Participant who is a Participant on the first day of a Plan Year may enter into a Salary Reduction Agreement with the Employer, or if applicable, with the subsidiary or affiliate employing the Participant, but in any event is not required to enter
into such an agreement, pursuant to which the Participant’s Plan Compensation shall be reduced by the percentage that such Participant elects, not less than one percent (1%) nor more than twenty-five percent (25%), in whole integer
percentages, such amount to constitute the Participant’s Deferred Compensation. For the purpose of assisting the Employer and the Administrator in recording the amount of Deferred Compensation, and for providing additional assurance to the
Participant of his rights thereto under certain circumstances, all as provided herein and in the Trust Agreement, the Employer shall make an Elective Contribution on behalf of each such Participant, equal to the Participant’s elected Deferred
Compensation for the Plan Year, in the manner provided by the next sentence hereto. The amount of such Elective Contribution, as calculated at the beginning of each Plan Year, shall be conveyed and transferred to the Trustee in as level an amount as
possible over the number of paychecks in that Plan Year to be held in trust for the benefit of the Participant, but subject in any event to the interest of the creditors of the Employer under certain circumstances, as provided in the Trust
Agreement. 
 Any such election shall be made prior to the first day of the applicable Plan Year and shall thereafter be irrevocable with
respect to that Plan Year, but may be modified or revoked as it pertains to any future Plan Year. The Employer, or if applicable, the subsidiary or affiliate employing the Participant, shall thereupon cause the Participant’s Plan Compensation
to be reduced in an amount equal to his Deferred Compensation for the Plan Year pursuant to such election, in as level an amount as possible over the number of paychecks in that Plan Year. 
 Notwithstanding anything to the contrary above, if an Executive Employee becomes initially eligible to participate during a Plan Year, he may elect to
enter into a Salary Reduction Agreement with the Employer for that initial Plan Year by reducing Plan Compensation by any whole percentage necessary, if applicable, to achieve a salary deferral equal to twenty-five percent (25%) of Plan
Compensation for such Plan Year, provided such Salary Reduction Agreement is effective no sooner than thirty (30) days after it is completed and returned to the Employer. Such election shall constitute the Participant’s Deferred
Compensation for the initial Plan Year and shall thereafter be irrevocable with respect to that Plan Year. 
  

	4.2	Non-Elective Contributions 

 In addition to the
Elective Contributions provided by Section 4.1 hereof, the Employer shall also make the following Non-Elective Contributions on behalf of each Participant who is a Participant on the first day of a Plan Year, or for the initial year of
participation if the Executive Employee becomes a Participant during the Plan Year: 
 a. A matching contribution which shall
be equal to one-hundred percent (100%) of the Participant’s Elective Contribution as provided by Section 4.1 hereof, which does not exceed four percent (4%) of the Participant’s Plan Compensation; provided, however, if the
matching contribution percentage under the Basic 401(k) Plan shall be changed by the Board of Directors to a percentage other than one-hundred 

  

 7 

 
percent (100%), such revised percentage shall automatically be used herein in lieu of one-hundred percent (100%). 
 b.1 A contribution equal to three percent (3%) of the Plan Compensation of each Participant for the Plan Year. 
 b.2 A contribution equal to that percentage of Plan Compensation of each Participant for the Plan Year which is the same percentage of
Compensation that is contributed annually by the Employer at the end of each Plan Year to the ESOP Accounts of all eligible participants under the First Commonwealth Financial Corporation Employee Stock Ownership Plan (the FCFC ESOP). 
 The Non-Elective Contributions provided for in subparagraphs a. and b.1 above shall be contributed at the same time and in the same manner as Elective
Contributions as provided by Section 4.1 above. 
 The Non-Elective Contributions provided for in subparagraph b.2 above shall be
contributed at the same time as the Employer contribution is made to the FCFC ESOP for each Plan Year. 
  

	4.3	Termination of Employment During Year 

 If a
Participant shall terminate his employment during a Plan Year, all contributions, Elective and Non-Elective, shall cease after the last paycheck received by the Participant as a result of such termination of employment. 
  

 8 

 ARTICLE V 
 VESTING 
  

	5.1	Vesting in Salary Reduction (Elective) Contributions 

 A Participant is always 100% vested in Salary Reduction (Elective) Contributions. 
  

	5.2	Vesting in Non-Elective Contributions 

 A
Participant will be vested in Non-Elective Contributions in accordance with the following: 
  

	 	•	100% immediate vesting in the 3% of Plan Compensation automatic contribution. 

  

	 	•	Vesting in the Employer matching contributions upon completion of three (3) Years of Service and the end of the year automatic contributions upon completion of five
(5) Years of Service. 

  

 9 

 ARTICLE VI 
 INVESTMENTS AND VALUATIONS 
  

	6.1	Investment of Participant’s Aggregate Account 

 All contributions and earnings therein which are held in a Participant’s Elective Account or Non-Elective Account (which, in the aggregate, shall constitute a Participant’s Aggregate Account) shall be invested in the Investment
Funds maintained under the Trust. The Participant will be consulted with respect to the investment of his or her Participant’s Aggregate Account. However, the Trust Administrative Committee reserves the right, in its sole discretion, to invest
the Participant’s Aggregate Account as it deems best. 
  

	6.2	Adjustment for Investment Earnings 

 The amounts
credited to a Participant’s Aggregate Account shall be credited or debited with a proportionate share of any gains or losses resulting from the Investment Funds from time to time in accordance with uniform procedures established by the Trust
Administrative Committee to reflect the values of an investment equal to the proportionate share of the Participant’s Aggregate Account balance in an Investment Fund. The Investment Funds available may be added or eliminated from time to time
by the Trust Administrative Committee, with the approval of the Trustee; provided however, that the Trust Administrative Committee may not retroactively eliminate any Investment Fund. 
 A Participant may express his or her desire to the Investment Fund(s) to be used with respect to his or her Elective Contributions and Non-Elective
Contributions in multiplies of 1%. A written investment expression may be delivered to the Trust Administrative Committee on the date that he or she commences participation in the Plan. The Participant may change his or her Investment Fund(s)
expression with respect to future Elective Contributions and Non-Elective Contributions and/or with respect to amounts previously credited to the Participant’s Aggregate Account, by notifying the Trust Administrative Committee or its designee.
A revised investment expression may be made by a Participant in writing at any time and shall be effective on a designated Valuation Date following the Trust Administrative Committee meeting at which such investment expression is considered.

 Notwithstanding anything to the contrary above, if a Participant does not make an investment expression, the Trust Administrative
Committee will invest all of the Participant’s Aggregate Account in the Federated Prime Obligations Fund. 
  

	6.3	Valuation of the Investment Funds 

 The Investment
Funds shall be valued daily. On each calendar quarter Valuation Date as provided in Section 6.5, there shall be allocated to the Aggregate Account of each Participant his proportionate share of the increase or decrease in the fair market value
of his Aggregate Account in each of the Investment Funds. In addition, whenever an event requires a determination of the value of the Participant’s Aggregate Account, the value shall be computed as of the Valuation Date on the date of
determination, subject to the provisions of Section 6.2. 
  

 10 

	6.4	Right to Change Procedures 

 The Trust
Administrative Committee reserves the right to change from time to time the procedures used in valuing the Participant’s Aggregate Account or crediting (or debiting) these Accounts if it determines, after due deliberation and upon the advice of
counsel and/or the current recordkeeper, that such an action is justified in that it results in a more accurate reflection of the fair market value of assets. In the event of a conflict between the provisions of this Article and such new
administrative procedures, those new administrative procedures shall prevail. 
  

	6.5	Statement of Accounts 

 As of the end of each
calendar quarter Valuation Date (March 31, June 30, September 30, and December 31) each Participant shall be furnished with a statement setting forth the value of his Aggregate Account and the Vested portion of his Aggregate
Account. 
  

 11 

 ARTICLE VII 
 DETERMINATION AND DISTRIBUTION OF BENEFITS 
  

	7.1	Distribution Events 

 The events which will cause a
distribution to be made from the Plan include the following: 
 a. Termination of Employment. A distribution will be triggered
upon a Participant’s termination of employment for any reason for that portion of the Vested Aggregate Account attributable to Plan participation before January 1, 2005 and from January 1, 2005 through December 31, 2007.

 b. The Later of Termination of Employment or Attainment of Age 62. A distribution will be triggered upon the later of a
Participant’s (i) termination of employment, or (ii) attainment of age 62 for that portion of the Vested Aggregate Account attributable to Plan participation after December 31, 2007. 
 c. Total Disability. A distribution will be triggered if a Participant incurs a Total Disability for that portion of his Vested Aggregate
Account attributable to Plan participation after December 31, 2007. 
 d. Change of Control. A distribution will be
triggered of a Participant’s total Vested Aggregate Account if there is a Change of Control in total stock ownership of the Employer. 
 e. Unforeseen Emergency. A distribution will be triggered if a Participant experiences an Unforeseen Emergency that causes such Participant to request a distribution for any reason. The distribution will be for that
part of the Vested Aggregate Account attributable to Plan participation after December 31, 2007. 
 Distributions that
are because of an Unforeseen Emergency will be limited to the amount reasonably necessary to satisfy the emergency need (can include amounts necessary to satisfy the emergency need, which may include amounts necessary to pay any Federal, State,
Local or foreign income taxes or penalties reasonably anticipated to result from the distribution). 
 Determination of
amounts reasonably necessary to satisfy the emergency need must take into account any additional compensation that will be available since a Salary Deferral election must be cancelled when a payment due to an Unforeseen Emergency is made.

 f. Death. Upon the death of a Participant, his/her designated beneficiary(ies) will receive a distribution of the total
Aggregate Account or the remaining balance of his/her total Aggregate Account under the Plan in one lump sum as soon as administratively practical after the Participant’s death. 
  

 12 

	7.2	Distribution Forms 

 a. Pre-January 1, 2005
Portion of the Aggregate Account 
 If applicable, for that portion of the Vested Aggregate Account attributable to
Pre-January 1, 2005 Plan participation, the forms of distribution available include: 
  

	 	•	 	 Lump sum or 

  

	 	•	 	 Installment payments from 2 to 10 years. An election to receive installment payments shall be subject to the following: 

 i. An election to receive installment payments must be made on a date that is at least one year prior to when the Aggregate Account would
otherwise be paid in a lump sum. 
 ii. The first installment shall be determined as of a Valuation Date immediately preceding
the commencement date of the first payment. Each installment shall be calculated by making each payment a fraction of the remaining Aggregate Account, the numerator of which is (1) and the denominator (“n”) of which is the remaining
payments due. 
 iii. Until all installments have been paid, the balance of the Vested portion of the Participant’s
Aggregate Account shall continue to be credited with earnings (and losses) in accordance with Section 6.2 of Article VI. 
 iv. In the event of the death of a Participant or Former Participant prior to the total Vested portion of his Participant’s Aggregate Account being distributed to him, the remainder shall be distributed to his Beneficiary as soon as
practicable after his death in a lump sum. 
 Any Participant may change the elected form of distribution by filing such
change with the designated representative of the Administrator; provided, however, any change to the elected distribution form will not be effective until one year following the date the completed and executed form is returned. 
 b. Post-January 1, 2005 Portion of the Aggregate Account 
 For that portion of the Vested Aggregate Account attributable to post-December 31, 2004 Plan participation, the forms of distribution
available include: 
  

	 	•	 	 Lump sum, or 

  

	 	•	 	 Installment payments from 2 to 10 years. An election to receive installment payments shall be subject to the following: 

 i. An election to receive installment payments must be made on a date that is at least one year prior to when the Aggregate Account would
otherwise be paid in a lump sum. 
  

 13 

 ii. The first installment shall be determined as of a Valuation Date immediately
preceding the commencement date of the first payment. Each installment shall be calculated by making each payment a fraction of the remaining Aggregate Account, the numerator of which is (1) and the denominator (“n”) of which is the
remaining payments due. 
 iii. Until all installments have been paid, the balance of the Vested portion of the
Participant’s Aggregate Account shall continue to be credited with earnings (and losses) in accordance with Section 6.2 of Article VI. 
 iv. In the event of the death of a Participant or Former Participant prior to the total Vested portion of his Participant’s Aggregate Account being distributed to him, the remainder shall be distributed to his
Beneficiary as soon as practicable after his death in a lump sum. 
 Any change to the elected form of distribution through
December 31, 2008 will be subject to the following rules: 
 v. The change will not be effective until one year following
the date the completed and executed form is returned to the designated representative of the Administrator. 
 vi. The
anti-acceleration rule under IRC Section 409A will not apply. For example, the elected form of distribution can be changed from installment payments over a 4-year period to a lump sum payment. 
 vii. The 5-year deferral rule under IRC Section 409A will not apply. This means that any change to a Participant’s elected form
of distribution will not have to be delayed for 5 years following the originally scheduled commencement date. 
 viii.
The distribution will be delayed for 6 months following the Participant’s termination of employment. 
 Any change to the
elected form of distribution form on or after January 1, 2009 will be subject to the following rules: 
 ix. The change
will not be effective until one year following the date the completed and executed form is returned to the designated representation of the Administrator. 
 x. The change in the elected form of distribution is subject to the anti-acceleration rule of IRC Section 409A. For example, a Participant who elected installments over a 4-year period could not change to a lump
sum payment or installments over a 2-year period. 
 xi. Payments under
the revised elected form of distribution will be delayed for 5 years beyond the originally scheduled commencement date. For example, if Participant elected installment payments to be made over a 4-year period beginning on his 62nd birthday and wanted to change to installment 

  

 14 

 
payments to be made over a 10-year period, the 10-year installment payments would not begin until the Participant’s 67th birthday. 
 xii. The distribution
will be delayed for 6 months following the Participant’s termination of employment. 
  

	7.3	Distribution Timing 

 a. Pre-January 1, 2005
Participation 
 Any Participant who has a portion of his Vested Aggregate Account attributable to pre-January 1, 2005
participation will have that portion of such Vested Aggregate Account paid or begin to be paid as soon as administratively practical after termination of employment. 
 b. Post-December 31, 2004 Participation 
 If an Executive Employee becomes a Participant
in the Plan on or after January 1, 2005, or has a portion of his Vested Aggregate Account attributable to post-December 31, 2004 participation, the distribution will be postponed until 6 months after termination of employment pursuant to IRC
Section 409A, unless the distribution is a result of an Unforeseen Emergency, in which case the distribution will be made as soon as practical following the Unforeseen Emergency. 
  

	7.4	Distribution Elections for Post-December 31, 2007 Salary Deferrals and FCFC Contributions 

 Distribution elections for post-December 31, 2007 Salary Deferrals and FCFC Non-Elective Contributions will apply on a year-by-year basis. That is, a
Participant’s distribution election for 2008 Salary Deferrals and Employer Non-Elective Contributions will apply for that year only, and a new separate election will apply for 2009 Salary Deferrals and FCFC Non-Elective Contributions and for
each subsequent year thereafter. 
  

	7.5	Post-December 31, 2007 Installment Payments Considered Separate Payments 

 If a Participant elects installment payments for that portion of the Vested Aggregate Account attributable to post-December 31, 2007 participation, each installment payment will be considered a separate payment.
As an example, assume a Participant elects for payment of the 2008 Plan Year Salary Deferrals, Employer Non-Elective Contributions and earnings to be made in a series of 5 equal annual installments, each of which is designated as a separate payment.
The first installment is scheduled to be paid on January 1, 2010. On or before December 31, 2008, the Participant elects to receive the entire amount equal to the sum of all 5 of the installments in a lump sum payment. Receipt of the lump
sum payment cannot occur until January 1, 2019, 5 years from January 1, 2014. 
  

	7.6	Making of Distribution 

 All distributions from this
Plan, as provided herein, shall be made by the Trustee, from the Trust Fund, upon written authorization and direction by the Administrator to the Trustee, as long as the Employer shall not then be bankrupt or insolvent, as defined and provided in
the Trust Agreement. If payments to the Participants, Former Participants and Beneficiaries shall 

  

 15 

 
then be suspended or terminated because of the bankruptcy or insolvency of the Employer, in accordance with the provisions of the Trust Agreement,
distributions shall then be made by the Employer, subject to any necessary approvals of a bankruptcy court or other supervising court; provided, however, if the suspension of payment from the Trust Fund shall later be discontinued, distributions
shall again be made from the Trust Fund, all as more fully provided in the Trust Agreement. 
  

 16 

 ARTICLE VIII 
 BENEFICIARIES; PARTICIPANT DATA 
  

	8.1	Beneficiary Designations 

 Each Participant from
time to time may designate any person or persons (who may be named contingently or successively) to receive such benefits as may be payable under the Plan upon or after the Participant’s death, and such designation may be changed from time to
time by the Participant by filing a new designation. Each designation will revoke all prior designations by the same Participant, shall be in a form prescribed by the Employer, and will be effective only when filed in writing with the Employer
during the Participant’s lifetime. 
 In the absence of a valid Beneficiary designation, or if, at the time any benefit payment is due
to a Beneficiary, there is no living Beneficiary validly named by the Participant, the Employer shall pay any such benefit payment to the Participant’s spouse, if then living, but otherwise to the Participant’s then living descendants, if
any, per stirpes, but, if none, to the Participant’s estate. In determining the existence or identity of anyone entitled to a benefit payment, the Employer may rely conclusively upon information supplied by the Participant’s
personal representative, or if a dispute arises with respect to any such payment, then notwithstanding the foregoing, the Employer, in its sole discretion, may distribute such payment to the Participant’s estate without liability for any tax or
other consequences which might flow therefrom, or may take such other action as the Employer deems to be appropriate. 
  

	8.2	Communications 

 Any communication, statement, or
notice addressed to a Participant or to a Beneficiary at his last post office address as shown on the Employer’s records shall be binding on the Participant or Beneficiary for all purposes of the Plan. The Employer shall not be obliged to
search for any Participant or Beneficiary beyond the sending of a registered letter to such last known address. 
  

 17 

 ARTICLE IX 
 ADMINISTRATION 
  

	9.1	Powers and Responsibilities of Administrator 

 The
Administrator shall administer, construe, and interpret this Plan and shall, subject to its provisions, certify and direct the Trustee as to the making of distributions hereunder. The Administrator shall have discretionary authority to exercise all
powers and to make all determination, consist with the terms of the Plan, in all matters entrusted to it, and its determination shall be given deference and shall be final and binding on all interested parties. The Administrator shall constitute the
named administrator within the meaning of Section 3(16)(A) of the Act (29 USC § 1002(16)(A)). 
  

	9.2	Plan Sponsor  

 The plan sponsor within the meaning
of Section 3(15)(B) of the Act (29 USC § 1102(15)(B)) shall be the Employer. 
  

	9.3	Powers and Responsibilities of Committee 

 The
Committee may permit additional Participants into the Plan from time to time and provide exceptions and waivers as to any provision thereof, provided no such exception or waiver shall reduce the benefit to which a Participant is otherwise entitled
under any provision hereof. The Committee shall also have the power to amend and terminate the Plan to the extent provided by Article X hereof. 
  

	9.4	Claims Procedure 

 Any Participant, Former
Participant or Beneficiary, or his duly authorized representative, may file with the Administrator a claim for a benefit under this Plan. Such a claim must be in writing, be on a form provided by the Administrator if the Administrator had previously
issued such a form and made the same available to the Participant, Former Participant or Beneficiary, and must be delivered to the Administrator, in person or by mail, postage prepaid. Within ninety (90) days after the receipt of such a claim,
the Administrator shall send to the claimant, by mail, postage prepaid, a notice of the granting or denying, in whole or in part, of such claim, unless special circumstances require an extension of time for the processing of the claim. In no event
may the extension exceed ninety (90) days from the date of the initial period. If such an extension is necessary, the claimant will be given written notice to this effect prior to the expiration of the initial ninety (90) day period. The
Administrator shall have full discretion to grant or deny a claim in whole or in part in accordance with the terms of this Plan. If notice of the denial of a claim is not furnished in accordance with this Section 9.4, the claim shall be deemed
denied and the claimant shall be permitted to exercise his right of review as hereinafter provided. 
 The Administrator shall provide to
every claimant who is denied a claim for benefits a written notice setting forth, in a manner calculated to be understood by the claimant the following information, viz.: 
 a. The specific reason or reasons for the denial. 
  

 18 

 b. Specific references to the pertinent Plan provisions on which the denial is based,
together with a copy of such Plan provisions. 
 c. A description of any additional material or information necessary of the
claimant to perfect the claim and an explanation of why such material or information is necessary, and 
 d. An explanation of
the Plan’s claim review procedure. 
 Within sixty (60) days after the receipt by a claimant of written notification of the denial
(in whole or in part) of a claim by the Administrator, the claimant or his duly authorized representative, upon written application to the Administrator, delivered in person or by certified mail, postage prepaid, may review pertinent documents and
submit to the Administrator, in writing, his notice of appeal from the initial decision, together with a detailed statement of the basis and arguments upon which such appeal is based, including such statements of fact and conclusions of law,
together with the justification therefor, as claimant or his authorized representative believe supports his appeal from the initial decision of the Administrator. 
 Upon the Administrator’s receipt of a notice of a request for review, the Administrator shall make a prompt decision on the review and shall communicate the decision on review to the claimant or his authorized
representative. The decision on review shall be written in a manner calculated to be understood by the claimant and shall (unless the decision shall fully reverse the denial of the claim and completely accept the claim of the claimant) include
specific reasons for the decision and specific references to the pertinent Plan provisions upon which the decision is based. The decision on review shall be made not later than sixty (60) days after the Administrator’s receipt of a request
for a review, unless special circumstances require an extension of time for processing, in which case a decision shall be rendered not later than one-hundred-twenty (120) days after receipt of the request for review. If an extension is
necessary, the claimant shall be given written notice of the extension by the Administrator prior to the expiration of the initial sixty (60) day period. If notice of the decision on review is not furnished in accordance with this
Section 8.4, the claim shall be deemed denied on review. 
  

 19 

 ARTICLE X 
 TRUST FUND 
  

	10.1	Establishment of Trust 

 In order to assist the
Employer in meeting its obligations hereunder and provide a more certain and regular procedure for receipt of benefits by the Participants, Former Participants and Beneficiaries, the Employer has entered into a Trust Agreement with the Trustee for
the holding of the Trust Fund in trust in accordance with all of the provisions thereof contained. Such trust shall continue to be a grantor trust within the meaning of Section 671 of the Code and an accumulation trust within the meaning of
Subpart C of Part 1 of Subchapter J of Chapter 1 of Subtitle A of the Code. 
  

	10.2	Right of Assignment and Transfer of Interest 

 No
amounts payable hereunder may be assigned, pledged, mortgaged, hypothecated, sold or transferred nor may any such amounts be subject to lien, levy, distraint or other legal process or attachment. All right to benefits hereunder shall be personal to
the Participant, Former Participant or Beneficiary and no such person shall have a right to the assets held in the Trust Fund, or any portion thereof, prior to the Administrator directing the Trustee to make payment therefrom in a particular
instance. 
  

	10.3	Unfunded Nature of Plan 

 Since the rights of the
Participants, Former Participants and Beneficiaries are not absolute but are defeasible in the event of the bankruptcy or insolvency of the Employer, as provided by the Trust Agreement, this Plan shall, notwithstanding the existence of the Trust
Fund, be deemed unfunded for the purpose of Title I of the Act, in accordance with Department of Labor Regulations. 
  

 20 

 ARTICLE XI 
 AMENDMENT AND TERMINATION 
  

	11.1	Amendment 

 This Plan may be amended at any time and
from time to time by the Committee; provided, however, no such amendment shall reduce the benefit hereunder accrued by any Participant, Former Participant or Beneficiary prior to the later of (a) the date that such amendment is to be effective
or (b) the date that such amendment is so adopted by the Committee. The Committee may authorize and direct any officer of the Employer to take such action, and execute such documents as are necessary or appropriate to evidence the adoption of
any amendment hereto. 
  

	11.2	Termination of Plan 

 The Committee may cause and
authorize this Plan to be terminated at any time; provided however, no such termination shall defease any right of a Participant, Former Participant or Beneficiary to any benefit accrued prior to the date of such termination (whether such benefit
shall otherwise be Vested or not under the terms of the Plan). The Committee may authorize and direct any officer of the Employer to take such action, and execute such documents, as are necessary or appropriate to effectuate any such decision of the
Committee. 
  

 21 

 ARTICLE XII 
 MISCELLANEOUS 
  

	12.1	Limitation of Rights 

 Nothing contained in this
Plan shall be construed to limit in any way the right of the Employer (or, if applicable, the subsidiary or affiliate employing the Employee) to terminate an Employee’s or Participant’s employment at any time or in any way to constitute an
agreement or understanding, express or implied, that the Employer (or, if applicable, the subsidiary or affiliate employing the Employee) will continue to employ Employee, or will employ, or continue to employ, the Employee in any particular
position or under any particular circumstances. 
  

	12.2	Headings 

 The headings and subheading contained
herein are for convenience of reference only and are to be ignored in any construction thereof. 
  

	12.3	Gender and Number 

 Whenever used in this Plan, the
masculine shall be deemed to include the feminine and the singular shall be deemed to include the plural. 
  

	12.4	Governing Law 

 This Plan shall be construed in
accordance with, and governed by, the laws of the Commonwealth of Pennsylvania, to the extent such laws are not preempted by the laws of the Untied States of America. 
 IN WITNESS WHEREOF, the undersigned officers, being duly authorized, have caused this amended and restated Plan to be duly executed by, and on behalf of, FIRST COMMONWEALTH FINANCIAL CORPORATION, a corporation
organized and existing pursuant to the laws of the Commonwealth of Pennsylvania, this 8th day of December, 2008, but to be retroactively effective as and from the first day of January, 2008. 
  

					
	 (SEAL)
	  	 FIRST COMMONWEALTH
 FINANCIAL CORPORATION

			
	Attest:	  		 	
	 /s/ David R. Tomb, Jr.
	  	By	 	 /s/ John J. Dolan

	 Senior Vice President,
 Secretary and
Treasurer
	  		 	 President and Chief
 Executive
Officer

  

 22

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