Document:

EXHIBIT 10.8

 Exhibit 10.8 
 THE HOMETRUST BANK 
 (FORMERLY THE HOMETOWN BANK 

AND PRIOR THERETO CLYDE SAVINGS BANK, S.S.B.) 
 DEFINED CONTRIBUTION 
 EXECUTIVE MEDICAL CARE PLAN 

As Amended Effective January 1, 2005 
 (Reflecting Amendments Through May 31, 2009) 
 1. Purpose and
Effective Date of the Plan. 
 The purpose of The HomeTrust Bank (formerly the Hometown Bank an prior thereto Clyde Savings
Bank, S.S.B.) Defined Contribution Executive Medical Care Plan is to advance the interests of the Employer on a controlled-cost basis, by providing specifically identified key employees with the opportunity to receive employer-provided health and
qualified long-term care benefits (through the payment of Health Plan premiums), and to receive reimbursement of medical expenses, until such time as the employee’s Benefit Account is exhausted. The Plan is designed to reflect the Bank’s
objective of providing executive medical care benefits on a “defined contribution-type” basis - where the amount of the contribution is determined, and the promised benefit is available only for as long as there are funds to provide the
benefit, rather than a “defined benefit-type” basis - where a promised benefit is provided without regard to its cost. It is intended for tax and labor law purposes that the benefits provided under this Plan will constitute an employee
benefit plan for a select group of management or highly compensated employees, and shall be operated and interpreted accordingly. 
 The Plan is not intended to provide deferred compensation, and as such is not to be subject to Section 409A (as herein defined). In the event Section 409A is determined to apply to the Plan,
then the Plan shall be administered and interpreted to comply therewith, but only to the extent the Plan or any benefit provided hereunder is subject thereto. 
 This Plan shall serve as the written plan document required under Section 102 of ERISA, and shall also serve as the summary plan description required under Section 102 of ERISA. 

2. Definitions. 
 As used herein, the following definitions shall apply. 
 “Affiliate”
shall mean any “parent corporation” or “subsidiary corporation” of the Bank, as such terms are defined in Section 424 of the Code. 
 “Bank” shall mean HomeTrust Bank, and its successors and assigns. 

“Benefit Account” means the bookkeeping account established and maintained for a Participant as provided in Section 4(c)
hereof. 
 “Benefit Commencement Date” shall mean, with respect to the payment of Health Plan premiums, the first day
of the month next following (1) the date of the Participant’s termination of employment with the Bank or a Participating Employer after his attainment of age 65 (unless the Participant, having attained age 65, requests that his benefits
commence sooner), (2) if the Participant’s termination of employment with the Bank or a Participating Employer occurs before the Participant attains age 65, the earlier of the date the Participant requests payment of the Health Plan
premiums under the Plan subsequent to the termination of employment, or the date the Participant attains age 65, or (3) in the case of the Participant’s death prior to age 65, the first day of the month next following the date of the
Participant’s death. With respect to Qualified Long-Term Care Coverage and the reimbursement of Medical Expenses, the Benefit Commencement Date shall be the date the Participant is first designated to participate in this Plan; provided,
however, that with respect to the reimbursement of Medical Expenses, the Participant must be 100% vested before his benefits may commence. Notwithstanding the foregoing, a Participant may request in writing that his Benefit Commencement Date be
delayed (except for the reimbursement of Medical Expenses), subject to the approval of the Committee. If a Participant dies before a Benefit Commencement Date described in the first sentence of this definition, the Spouse benefit under this Plan, if
any, shall commence the first day of the month next following the date the Participant dies. Notwithstanding the foregoing, a Participant may request in writing that his Benefit Commencement Date be delayed (except for the reimbursement of Medical
Expenses) or, with respect to the payment of Health Plan premiums, accelerated, in each case subject to the approval of the Committee. 

 “Board” shall mean the Board of Directors of the Bank. 

“Change in Control” is defined in the 2005 HomeTrust Deferred Compensation Plan, and shall be defined in the same manner for
purposes of this Agreement. Any amendment to said Deferred Compensation Plan that modifies this definition shall be deemed to apply with equal force, effect, and timing to the definition of Change in Control for purposes of this Agreement, except
that a modification that may adversely effect a Participant shall be ineffective as to the Participant unless he or she consents in writing to be bound by the modification. 
 “Code” shall mean the Internal Revenue Code of 1986, as amended. 

“Committee” shall mean the committee appointed pursuant to Section 3(a) hereof. 

“Compensation Deferral Agreement” means an agreement entered into between the Bank and the Participant setting forth the amount
and nature of compensation being deferred by the Participant under this Agreement. 
 “Disability” shall mean where
the Participant either is (a) unable to engage in substantial activity by reason of any physical or mental impairment which 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) by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an
accident and health plan covering employees of the Bank or its Affiliates, and, in either case, the permanence and degree of which is supported by medical evidence satisfactory to the Administrator. 

“Effective Date” shall mean June 1, 2002. 
 “Employee” shall mean an individual whom the Bank or a Participating Employer treats as an employee (as opposed to an independent contractor) for payroll tax purposes. 

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). 

“Excess Pre-2005 Amounts” means, at the time the Participant attains age 65 or would have attained age 65, and from time to
time thereafter, the balance in a Participant’s vested Pre-2005 Benefit Account that exceeds the present value of the amount estimated to be required to pay expected future premiums over the current life expectancy of the Participant on that
date or what it would have been if the Participant was still living. For purposes of determining an Excess Pre-2005 Amount, the interest rate shall be the annual adjustment rate set forth in the Participant’s Joinder Agreement, and life
expectancy shall be determined under Tables V and VI of Treasury Regulation Section 1.72-9. The determination of Excess Pre-2005 Amounts shall be solely within the discretion of the Committee, except that the Participant or Spouse, if any,
shall provide information to determine the expected future Health Plan premiums. The Participant’s Post-2004 Benefit Account shall not be taken into account in determining his Excess Pre-2005 Amount. 

“Health Plan” shall mean any insured plan or program (including but not limited to Medicare supplemental insurance plans), as
in effect from time to time, under which one or more of the Participants are eligible to receive (i) medical, dental or vision coverage, or (ii) Qualified Long-Term Care Coverage for the Participant and/or his Spouse. A self-insured health
plan that provides a taxable benefit to a Participant under Section 105(h) of the Code shall not be considered a Health Plan with respect to that Participant, so no premium payments may be made to such plan (other than from Pre-2005 Benefit
Accounts). 
 “Joinder Agreement” means an agreement entered into between the Bank and the Participant setting forth
the Participant’s rights, conditions and obligations under this Plan, including the Participant’s initial Benefit Account, and applicable vesting requirements. 
 “Just Cause” shall mean termination of an Employee’s employment because of the Employee’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving
personal profit, intentional failure to perform stated duties, or willful violation of any law, rule, or regulation (other than traffic violations or similar offenses). 

  
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 “Medical Expenses” shall mean medical expenses (within the meaning of
Section 213(d) of the Code) of the Participant, his Spouse or dependents (as defined in Section 152 of the Code) that are not compensated for or reimbursed by insurance or otherwise. 

“Participant” means an Employee who has been selected to participate pursuant to Section 4 hereof. 

“Participating Employer” shall mean an Affiliate that has joined the Plan pursuant to a written joinder agreement acceptable to
and approved by the Board. Such an agreement shall provide that for purposes of computing a Participant’s Years of Service, credit shall be given for the Participant’s service with the Participating Employer and its predecessors.

 “Pre-2005 Benefit Account” shall mean, at any time, the hypothetical value of a Benefit Account established prior
to December 31, 2004, to the extent the Participant is vested therein as of December 31, 2004, including the earnings credited thereon, and reduced by benefit payments made therefrom. 

“Post-2004 Benefit Account” shall mean, at any time, the hypothetical value of a Benefit Account that is not the Pre-2005
Benefit Account. 
 “Qualified Long-Term Care Coverage” means qualified long-term care coverage as defined in Code
Section 7702B. 
 “Plan” shall mean this HomeTrust Bank Defined Contribution Executive Medical Care Plan, as
amended from time to time. 
 “Section 409A” shall mean Section 409A of the Code and the regulations and guidance
of general applicability issued thereunder. 
 “Spouse” shall mean an individual to whom a Participant is legally
married and is named in the Participant’s Joinder Agreement as being eligible to receive Spouse benefits under the Plan. A spouse from whom the Participant is divorced shall no longer be considered a Spouse as of the date of divorce. The term
“Spouse” shall not include a person who the Participant marries subsequent to the initial Joinder Agreement date unless such person is named in a revised Joinder Agreement. 

“Trust” shall mean any trust (or trusts) that the Bank or a Participating Employer may establish at any time or from time to
time to assist in meeting the obligations arising under this Plan. 
 “Year of Service” shall mean a full 12-month
period, measured from an Employee’s date of hire, and each annual anniversary date thereof, during which the Participant has continuously been an Employee or Director. 
 Where appearing in the Plan, the masculine gender shall include the feminine and neuter genders, and the singular shall include the plural, and vice versa, unless the context clearly indicates a different
meaning. 
 3. Administration of the Plan. 
 (a) The Committee. The Plan shall be administered by the Committee which shall be responsible for carrying out the provisions of the Plan, and which shall be the Plan Administrator and Named
Fiduciary as these terms are defined under ERISA. The Committee shall consist of at least three (3) non-Employee members of the Board who shall be appointed from time to time by the Board. Vacancies on the Committee shall be filled in the same
manner as appointment. The non-employee members of the Board shall act as the Committee at any time during which no Committee is appointed or duly constituted hereunder. 
 (b) Powers of the Committee. Except as limited by the express provisions of the Plan, the Committee shall have sole and complete authority and discretion (i) to interpret the Plan,
(ii) to prescribe, amend and rescind rules and regulations relating to the Plan, (iii) to make other determinations necessary or advisable for the administration of the Plan, (iv) to administer the Plan for the exclusive benefit of
the Participants and without 

  
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discrimination among similarly-situated Participants, and (v) to employ agents, attorneys, accountants or other persons (who may also be employed by or represent the Bank) for such purposes
as the Committee considers necessary hereunder. A majority of the entire Committee shall constitute a quorum and the action of a majority of the members present at any meeting at which a quorum is present, or acts approved in writing by a majority
of the Committee without a meeting, shall be deemed the action of the Committee. Notwithstanding the foregoing, any claim which arises under any policy or plan offered by an insurer or other benefit provider shall not be subject to review under this
Plan, and the Committee’s authority under this paragraph shall not extend to any matter as to which the administrator of any other plan of the Bank or an Affiliate, if any, is empowered under any such plan to make determinations. 

(c) Effect of the Committee’s Decisions. All decisions, determinations and interpretations of the Committee shall be final
and conclusive on all persons affected thereby. 
 (d) Claims. Claims for benefits under the Plan shall be filed as
directed by the Committee. Written notice of the disposition of a claim shall be furnished to the claimant within 30 days after the application therefore is filed. In the event the claim is denied, the reasons for the denial shall be cited and,
where appropriate, an explanation as to how the claimant can perfect the claim will be provided. 
 (e) Appeals. Any
Participant or former Participant who has been denied a benefit shall be entitled, upon request to the Committee and if he has not already done so, to receive a written notice of such action, together with a full and clear statement of the reasons
for the action. If the claimant wishes further consideration of his position, he may obtain a form from the Committee on which to request a hearing. Such form, together with a written statement of the claimant’s position, shall be filed with
the Committee no later than 90 days after receipt of the written notification provided for above in the preceding paragraph. The Committee shall schedule an opportunity for a full and fair hearing of the issue within the next 30 days. The decision
following such hearing shall be made within 30 days and shall be communicated in writing to the claimant. 
 (f)
Indemnification. In addition to such other rights of indemnification as they may have, the members of the Committee and the Board shall be indemnified by the Bank and the Participating Employers, to the full extent permitted by law, in
connection with any claim, action, suit or proceeding relating to any action taken or failure to act under or in connection with the Plan. 
 4. Post-Retirement Medical Benefit 
 (a) Participation. The Board
shall have sole and absolute discretion to select the management or highly compensated Employees who shall be entitled to participate in this Plan, and the Board’s decisions as to participation shall be made in accordance with Section 1
hereof. 
 (b) Entitlement to Plan Benefits; Deferral Elections. 

(1) A Participant’s entitlement to benefits under this Plan (and any relating vesting requirements) will be set forth
in the Participant’s Joinder Agreement. If a Participant’s employment with the Bank or an Affiliate terminates due to Just Cause, the Participant shall immediately and permanently forfeit the right to receive any further benefits under
this Plan (other than that portion of the Participant’s Benefits Account attributable to compensation deferred by the Participant pursuant to a Compensation Deferral Agreement, reduced (in the manner provided for in Section 4(c)(6)) by the
benefits received by the Participant under this Plan that are attributable to the Participant’s compensation deferrals, as determined pursuant to Section 4(c)(2)). 

(2) A Participant who is fully vested under this Plan may elect to defer such amount of his base salary, bonuses, or other
compensation (including unearned and unused vacation pay and paid time off) as set forth in a Compensation Deferral Agreement up to the maximum deferral amount approved for the Participant. The election shall be irrevocable with respect to
compensation covered by the election. A Participant may amend his Compensation Deferral Agreement from time to time regarding the future unearned compensation. The Employer or an Affiliate shall withhold from that portion of the Participant’s
compensation that is not being deferred the Participant’s share of FICA, medicare and other employment taxes on the amount being deferred, and may reduce the amount of compensation being deferred in order to comply with this requirement. The
Post-2004 Benefit Account may only be used to pay or reimburse Health Plan premiums, and may not be used to reimburse Medical Expenses. 

  
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 (c) Health Plan Benefit 

(1) If a Participant has become entitled to Plan benefits pursuant to subsections 4(a) and 4(b) hereof, and provided that
the Participant executes a Joinder Agreement in connection with this Plan, the Participant and his or her Spouse (if any) shall have a Benefit Account established on their behalf in the amount set forth in the Joinder Agreement. Said Benefit Account
shall be used to (i) reimburse the Participant for Medical Expenses (except as provided in Section 4(b)(2), which provides that Post-2004 Benefit Accounts may not be used to reimburse medical expenses), or (ii) timely pay insurance
premiums under any Health Plan covering the Participant and his Spouse (or, in the case of a Health Plan providing Qualified Long-Term Care Coverage, the Participant and/or the Spouse only) designated by the Participant (or his Spouse in case of the
death of the Participant) from time to time in writing and consented to by the Committee. The Committee shall not unreasonably withhold its consent regarding the designation of a Health Plan, but may in any event determine not to pay premiums under
a plan that the Committee determines would adversely effect the tax-deductibility of the payments to the Bank or a Participating Employer, or cause the payments to be taxable to the Participant (or the Spouse). Nothwithstanding anything in this Plan
to the contrary, no benefits shall paid to or on behalf of a Participant until he is fully vested in his Benefit Account. 
 (2) There shall be credited to each Participant’s Benefit Account the amount designated in the Joinder Agreement (as modified, or supplemented by a new Joinder Agreement), including compensation that
the Participant elects to defer under his or her Compensation Deferral Agreement. The Benefit Account shall be a bookkeeping account on the records of the Bank, and no assets of the Bank or a Participating Employer shall be formally set aside for
this purpose, except as may be provided herein. The Committee shall separately account for that portion of the Participant’s Benefit Account attributable to his Pre-2005 Benefit Account and that portion attributable to his Post-2004 Benefit
Account. A Participant’s Benefit Account shall only constitute a measurement of the maximum amount of benefits that will be paid to or in behalf of the Participant under this Plan from time to time. The Committee may utilize such sub-accounts
under a Participant’s Benefit Account as is necessary to account for a Participant’s interest in this Plan (including determining which benefits are attributable to compensation deferrals). Medical Expenses reimbursed to a Participant, or
Health Plan premiums paid on behalf of the Participant by the Bank or a Participating Employer, shall be a charge to the balance of his or her Benefit Account at the time of such payment. At the end of each Plan Year, the Benefit Account as of that
date shall be credited with a percentage adjustment set forth in the Participant’s Joinder Agreement, based on the average balance of the Benefit Account during the Plan Year (determined by adding the beginning of the year Benefit Account
balance and the month-end Benefit Account balance for the next 12 months and dividing that sum by thirteen (13)). If no percentage adjustment is set out in the Joinder Agreement, the percentage adjustment shall be five percent (5%) per annum.

 (3) A Participant’s Benefit Account may be subject to a vesting schedule and, accordingly, full or
partial forfeiture, to the extent provided in the Participant’s Joinder Agreement. Notwithstanding the preceding sentence, that portion of the Participant’s Benefit Account attributable to compensation deferrals shall at all times be fully
vested. 
 (4) Payments from a Participant’s Benefit Account shall commence no earlier than the
Participant’s Benefit Commencement Date (determined separately depending on the nature of the expense being reimbursed). Each Health Plan premium payment shall be made as soon as possible after the Health Plan provider submits an invoice or
other payment request in connection with such premium. 
 (5) Payments from a Participant’s Benefit Account
to reimburse Medical Expenses shall be determined on a calendar year basis, and shall occur as of each June 30 and December 31 of the calendar year in which the Medical Expense was incurred. The Committee or its delegate shall provide the
Participants with the procedures and forms necessary to substantiate Medical Expense claims and to obtain reimbursement. No amounts shall be reimbursed for Medical Expenses unless the expense is timely submitted, properly substantiated and pertains
to the year in which the Medical Expense is incurred. All Medical Expenses being reimbursed with respect to a calendar year shall be reimbursed no later than the 15th day of the third month following the Participant’s taxable year in which the
Medical Expense is incurred. 

  
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 (6) Payments under this Plan shall be made first from the Participant’s
Post-2004 Benefit Account (first from non-elective contributions made by the Bank, and then from Participant compensation deferrals), and then from the Participant’s Pre-2005 Benefit Account (first from non-elective contributions made by the
Bank, and then from Participant compensation deferrals), each as determined on the applicable payment date. 

(7) This Section 4.2(c)(7) applies only to Pre-2005 Benefit Accounts. If the Participant dies with a positive vested
Benefit Account balance, benefits hereunder shall continue for the Participant’s Spouse, if he or she survives the Participant, and while she is a Spouse. Upon the death of the last to survive of the Participant or his Spouse, an amount equal
to the vested Benefit Account, if any, as of the death of the survivor shall be paid to the designated beneficiary of the Participant, unless the Participant has provided in his Joinder Agreement that the surviving Spouse may designate the
beneficiary. If there is no designated beneficiary in accordance with the preceding sentence, then the remaining vested Benefit Amount shall be paid to the estate of the last to survive of the Participant and his Spouse. Payment of any benefit to a
beneficiary or estate under this Section 4(c)(7) shall be made in the form of a lump sum from the Participant’s vested Benefit Account Balance, payable no later than 120 days following the death of the survivor. If the Participant dies
prior to his Spouse, if any, the Bank, at its sole option, but subject to the consent of the Participant’s Spouse, may direct the Committee to pay the Participant’s vested Benefit Account to the beneficiary named by the Participant, in
either a single lump sum or installments over ten (10) years (subject to the accounting for the Benefit Account balance in accordance with paragraph 2 above), as the Committee shall determine. In the event the Participant and his or her Spouse
die before the Participant’s Benefit Commencement Date (as applicable to medical benefits and not Qualified Long-Term Care Coverage), the vested balance of the Participant’s Benefit Account shall be paid to the Participant’s
designated beneficiary, or if no beneficiary is designated, to the estate of the last to survive of the Participant and his Spouse. 
 (8) This Section 4.2(c)(8) shall apply only to Post-2004 Benefit Accounts. If the Participant dies with a surviving Spouse and a positive vested Post-2004 Benefit Account balance, benefits hereunder
shall continue for the benefit of the Participant’s Spouse (subject to Section 4(b)(2), which provides that Post-2004 Benefit Accounts may not be used to reimburse medical expenses) until the earlier to occur of the Spouse’s death or
the Post-2004 Benefit Account is exhausted. If a Participant’s surviving Spouse dies before the Participant’s Post-2004 Benefit Account is exhausted, the remaining portion of the Participant’s Post-2004 Benefit Account shall be paid
to the surviving Spouse’s estate as soon as practicable after the surviving Spouse’s death. If the Participant dies with a positive vested Post-2004 Benefit Account balance but without a surviving Spouse, the Participant’s vested
Post-2004 Benefit Account (determined at the time of the Participant’s death without further adjustment) shall be paid to the Participant’s designated beneficiary(ies) in a cash lump sum during the calendar year following the calendar year
in which the Participant dies. If the Participant has not designated a beneficiary at the time of his death, the remaining vested Post-2004 Benefit Amount shall be paid to the estate of the Participant at the same time and in the same manner as it
would have been paid to a designated beneficiary. If a designated beneficiary dies before payment is made to him under this Section 4(c)(8), the designated beneficiary’s payment shall be paid to his or her estate. Any portion of the
Participant’s Post-2004 Benefit Account that is not applied or distributed in accordance with this Section 4.2(c)(8) shall be forfeited. 
 (9) At such time as the Participant’s Benefit Account shall be zero, the Participant’s right to participate in the Plan shall cease and the Participant, his Spouse, if any, and any beneficiaries
shall receive no further benefits hereunder. 
 (10) If there are Excess Pre-2005 Amounts, the Committee may, but
is not required to, distribute any or all of the Excess Pre-2005 Amounts to the Participant, or in the event of the Participant’s death, his Spouse or beneficiary, as elected in the Joinder Agreement, at such time as the Committee may determine
in its sole discretion. The payment of Excess Pre-2005 Amounts must always be in the form of a monthly payment over what the life expectancy of the Participant is, or would have been, on the date payments begin. The Participant may request in
writing that all or part of the Excess Amount be paid to him. If the Participant permits in his Joinder Agreement, after the Participant’s death, the Participant’s surviving Spouse may request in writing that all or part of the Excess
Amount be paid to the Spouse. The 

  
 6 

 
request of a Participant or Spouse (if permitted) to receive an Excess Amount shall be approved or rejected by the Committee in its sole discretion, and such approval shall indicate the amount of
the Excess Pre-2005 Amount to be distributed. If the Committee consents to the request for a distribution of an Excess Pre-2005 Amount, then the Excess Amount shall be paid at such time as determined by the Committee in its sole discretion. The
amount of a Participant’s Excess Pre-2005 Amount may be redetermined by the Committee at any time, and the payments referred to herein may be ceased, resumed, reduced, or increased to reflect such redetermination, in such manner as the
Committee may determine. The Participant, or Spouse if the Participant has died, may request the Committee to recompute the Excess Pre-2005 Amount using new information for expected future Health Plan payments. 

(11) In the event any payments under this Plan are taxable to the Participant in any respect, there shall be no gross-up
or increased payment to the Participant to reduce, mitigate or offset the tax liability. 
 (d) Change of Control. On and
after a Change of Control the provisions of this Plan shall continue to apply with respect to persons who are Participants, Spouse’s (or beneficiaries) as of the effective time of the Change of Control, and all Participants whose Benefit
Accounts were subject to vesting provisions shall become fully vested therein. No Participant’s Benefit Account shall be reduced other than by operation of the Plan. Furthermore, any designation by a Participant of a Health Plan occurring after
the effective time of a change in control may be made without obtaining the consent of the Committee. 
 (e) Grantor
Trust. Within five business days of a Change of Control, the Bank shall (i) deposit, or cause to be deposited, in the grantor trust (the “Trust”) substantially in the form approved by the Board, an amount projected to be
sufficient to fully fund the Bank’s or any Participating Employer’s obligations under the Plan, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated
account for payment to each Participant (or his Beneficiary) covered by the Plan, and to follow the terms set forth in the Plan as to the payment of such amounts from the Trust. The Bank may, in its discretion, establish and fund such a Trust at any
time prior to a Change of Control. 
 5. Amendment and Termination of the Plan. 

The Board may at any time and from time to time amend the terms of the Plan and suspend or terminate the Plan, all without the consent of
the Participants. Notwithstanding the foregoing, an amendment that would adversely affect the right of a Participant to receive his vested Benefit Account determined as of the date of the amendment (including when and how such benefit may be paid to
him) shall not be effective with respect to that Participant without the Participant’s written consent. The Board shall nevertheless have the right to amend the Plan, with or without retroactive effect and without the consent of Participants,
to ensure the compliance of the Plan with ERISA. No amendment shall be made that would cause the Plan to violate Section 409A without the written consent of the Executive. If Section 409A is determined to apply to all or part of the Plan,
then that portion of the Plan that is subject to Section 409A shall be terminated in a manner that complies with Section 409A. 
 6. No Employment or Other Rights; Attorneys’ Fees. 
 (a) In no
event shall an Employee’s eligibility to participate or participation in the Plan create or be deemed to create any legal or equitable right of the Employee, or any other party to continue service with the Bank, a Participating Employer, or an
Affiliate. 
 (b) In the event any dispute shall arise between a Participant and the Bank as to the terms or interpretation of
this Plan, whether instituted by formal legal proceedings or otherwise, including any action taken by a Participant to enforce the terms of this Plan or in defending against any action taken by the Bank, the Bank shall reimburse the Participant for
all costs and expenses, including reasonable attorneys’ fees, arising from such dispute, proceedings or actions; provided that the Participant not be entitled to receive such reimbursements if he fails to obtain a final judgment by a court of
competent jurisdiction or obtain a settlement of such dispute, proceedings, or actions substantially in his or her favor. 

7. Governing Law. 
 The Plan shall be governed by and construed in accordance with the laws of the State of North Carolina, except to the extent that federal law shall be deemed to apply. 

  
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 8. ERISA Employee Rights. 

Each Participant shall be entitled to certain rights and protections under ERISA, and accordingly shall be entitled to: 

(a) Examine, without charge, at the Committee’s office and if possible at other specified locations (such as worksites), all Plan
documents, including insurance contracts, collective bargaining agreements and copies of all documents filed by the Plan with the U.S. Department of Labor, such as detailed annual reports and Plan descriptions. 

(b) Obtain copies of all Plan documents and other Plan information upon written request to the Committee. The Committee may require a
reasonable charge for the copies. 
 In addition to creating rights for Participants, ERISA imposes duties upon the people who
are responsible for the operation of the Plan. The people who operate the Plan, called “fiduciaries” of the Plan, have a duty to do so prudently and in the interest of all Plan Participants and beneficiaries. No one, including the
Committee, the Participant’s union, if any, or any other person, may terminate the Participant or otherwise discriminate against the Participant in any way to prevent such Participant from obtaining a benefit or exercising his rights under
ERISA. If a Participant’s claim for a benefit is denied in whole or part, the Participant must receive a written explanation of the reason for the denial. The Participant has the right to have the Committee review and reconsider the claim.
Under ERISA, there are steps which the Participant can take to enforce the above rights. 
 For instance, if a Participant
requests materials from the Plan and does not receive them within 30 days, he may file suit in a Federal court. In such a case, the court may require the Committee to provide the materials and pay such Participant up to $110 a day until such
Participant receives the material, unless the materials were not sent because of reasons beyond the control of the Committee. 

If the Participant has a claim for Benefits which is denied or ignored, in whole or in part, he may file suit in a State or Federal
court. If it should happen that the Participant is discriminated against for asserting his rights, he may seek assistance from the U.S. Department of Labor, or he may file suit in a Federal court. The court will decide who should pay court costs and
legal fees. If the Participant is successful, the court may order the person such Participant has sued to pay these costs and fees. If the Participant loses, the court may order such Participant to pay these costs and fees, for example, if it finds
the claim is frivolous. 
 If the Participant has any questions about this statement or about his rights under ERISA, he should
contact the nearest Area Office of the U.S. Labor Management Services Administration, Department of Labor. 
 Participants with
questions about this Plan should contact the Committee. If there are questions about this statement or about a Participant’s rights under ERISA, or if assistance is necessary to obtain documents from the plan administrator, the Participant
should contact the nearest office of the Employee Benefits Security Administration, U.S. Department of Labor, listed in the telephone directory or the Division of Technical Assistance and Inquiries, Employee Benefits Security Administration, U.S.
Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210. Certain publications about rights and responsibilities under ERISA are available by calling the publications hotline of the Employee Benefits Security Administration.

  
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 9. Additional Plan Information 

 

			
		
	 Method of Funding:
	  	Employer Contributions (Including Participant Compensation Deferrals)
		
	 Plan Number:
	  	510
		
	 Plan Year End:
	  	June 30
		
	 Employer’s Address:
	  	 10 Woodfin Street
 P.O. Box
10
 Asheville, NC 28802-0010

		
	 Employer’s Telephone #:
	  	(828) 259-3939
		
	 Employer’s Identification Number:
	  	56-0181785
		
	 Plan Administrator:
	  	Employer

  

									
	 Attest:
	 		 	HomeTrust Bank
				
	 	 		 	By:	 	 
		 		 		 	Name:	 	 
		 		 		 	Title:	 	President and Chief Executive Officer
				
		 		 		 	(Corporate Seal)

  
 9EXHIBIT 10.9

 Exhibit 10.9 
 2005 HomeTrust BANK 
 DEFERRED COMPENSATION PLAN 

(AS AMENDED) 

(Including Amendments Through August 31, 2011) 

 2005 HomeTrust BANK 

DEFERRED COMPENSATION PLAN 
 EFFECTIVE JANUARY 1, 2005 
 Purpose 

The purpose of the Plan is to provide specified benefits to directors and a select group of employees who contribute materially to the
continued growth, development and future business success of HomeTrust Bank, a federally chartered savings bank, and its Affiliates. The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA. The Plan is intended to comply
with the applicable requirements of Section 409A of the Code. 
 ARTICLE I 

Definitions 
 For purposes of the Plan, unless otherwise clearly apparent from the context, the following phrases or terms shall have the following indicated meanings: 

 

	1.1.	“Account Balance” shall mean, with respect to a Participant, a credit on the records of the Bank equal to (i) the sum of all of a
Participant’s Annual Deferral Amounts, (ii) in the case of a Director Participant, the sum of all of the Employer Contributions, (iii) amounts credited or debited thereon in accordance with the provisions of the Plan, less
(iv) all distributions made to the Participant or his Beneficiary pursuant to the Plan. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be
paid to a Participant, or his designated Beneficiary, pursuant to the Plan. 

  

	1.2.	“Administrative Committee” shall mean the Administrative Committee described in Article 10. 

 

	1.3.	“Affiliates” shall mean any and all entities that are considered affiliated with the Bank within the meaning of Section 414(b) and (c) of the
Code. 

  

	1.4.	“Annual Bonus” shall mean any cash compensation, in addition to Base Annual Salary, relating to services performed for the Bank or any of its
Affiliates payable to an Employee Participant as an Employee under any cash bonus and/or cash incentive plans or arrangements of the Bank or any of its Affiliates. 

 

	1.5.	 “Annual Deferral Amount” shall mean (i) in the case of an Employee Participant that portion of a Participant’s Base Annual
Salary, Annual Bonus and Other Annual Cash Compensation that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year and (ii) in the case of a Director Participant that portion of a
Participant’s director’s fees (including all forms of compensation to be received by such Participant in his capacity as a director of the Bank) that a Participant elects to have, and is deferred, in accordance with Article 3, for any Plan
Year. In the event an Employee Participant is Disabled and experiences a Separation from Service prior to the 

  
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end of a Plan Year, such year’s Annual Deferral Amount shall be the actual amount withheld prior to such Separation from Service. Moreover, all Annual Deferred Amounts, of a Participant
under this Plan and the Pre-2005 Plan, in the aggregate, shall not exceed such Participant’s Maximum Deferral Amount as set forth in his Plan Agreement. 

 

	1.6.	“Bank” shall mean HomeTrust Bank, a federally chartered savings bank, and any successor in interest thereto. 

 

	1.7.	“Base Annual Salary” shall mean the annual cash compensation relating to services performed by an Employee Participant for the Bank or any of its
Affiliates during any Plan Year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such Plan Year, excluding bonuses, commissions, overtime, fringe benefits, MCGRP Plan payments, cash compensation payments
in lieu of sick days or paid time-off days, relocation expenses, incentive payments, non-monetary awards, and other fees, automobile and other allowances paid to an Employee Participant for employment services rendered (whether or not such
allowances are included in the Employee Participant’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred pursuant to the Plan. 

 

	1.8.	“Beneficiary” shall mean one or more persons, estates or other entities, designated in accordance with Article 7, that are entitled to receive benefits
under the Plan upon the death of a Participant. 

  

	1.9.	“Beneficiary Designation Form” shall mean the form established from time to time by the Administrative Committee that a Participant completes, signs
and returns to the Bank or the Administrative Committee to designate one or more Beneficiaries. 

  

	1.10.	“Board” shall mean the Board of Directors of the Bank. 

  

	1.11.	“Change in Control” shall mean a change in ownership, change in effective control, or a change in ownership of a substantial portion of the assets of
the Bank or its holding company (if the Bank converts to the holding company form) as such terms are defined herein. 

 (i) A Change in Control will occur, when the Bank is in the “mutual” form of organization, if: 
 (a) as a result of, or in connection with, any exchange offer, merger or other business combination, sale of assets or contested election, any combination of the foregoing transactions, or any similar
transaction, the persons who were directors of the Bank before such transaction cease to constitute a majority of the Board or a majority of the board of directors of any successor to the Bank; 

(b) the Bank transfers to an unrelated entity assets having a total gross value equal to or greater than forty percent
(40%) of the total gross value of all of the assets of the Bank; 

  
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 (c) any “person” including a “group”, exclusive of the
Board or any committee thereof, is or becomes the “beneficial owner”, directly or indirectly, of proxies of the Bank representing thirty-five percent (35%) or more of the combined voting power of the Bank’s members; 

(d) the Bank is merged or consolidated with another corporation and, as a result of the merger or consolidation, less than
fifty percent (50%) of the outstanding proxies relating to the surviving or resulting corporation are given, in the aggregate, by the former members of the Bank; 

(e) individuals who are members of the Board (the “Incumbent Board”) cease for any reason to constitute at least
a majority thereof, provided that any person becoming a director whose election was approved by a vote of a majority of the directors comprising the Incumbent Board, or whose nomination for election was approved by the nominating committee of the
Incumbent Board, shall be considered a member of the Incumbent Board; 
 Notwithstanding the foregoing, a “Change in
Control” shall not be deemed to occur solely by reason of a transaction in which the Bank converts to the stock form of organization including a stock conversion utilizing a holding company; 

(ii) A Change in Control will occur, when the Bank is in the “stock” form of organization, if: 

(a) as a result of or in connection with, any initial public offering, tender offer or exchange offer, merger or other
business combination, sale of assets or contested election, any combination of the foregoing transactions, or any similar transaction, the persons who were directors of the Bank or its holding company before such transaction cease to constitute a
majority of the Board or a majority of the board of directors of its holding company, whichever is applicable, or any of their respective successors; 
 (b) the Bank (if it is not in holding company form) transfers to an unrelated entity assets having a total gross value equal to or greater than forty percent (40%) of the total gross value of the
assets of the Bank; or the Bank or its holding company transfers to an unrelated entity assets having a total gross value equal to or greater than forty percent (40%) of the total gross value of the consolidated gross assets of the Bank and its
holding company; 
 (c) any “person” including a “group” is or becomes the “beneficial
owner”, directly or indirectly, of securities of the Bank or its holding company representing thirty-five percent (35%) or more of the combined voting power of the Bank’s or its holding company’s outstanding securities (with the
terms in quotation marks having the meaning set forth under the federal securities laws); 
 (d) the Bank or its
holding company is merged or consolidated with another corporation and, as a result of the merger or consolidation, less than fifty percent (50%) of the outstanding voting securities of the surviving or resulting corporation is owned in the
aggregate by the former stockholders of the Bank or the former stockholders of its holding company, as the case may be; or 

  
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 (e) individuals who constitute the Board or the members of the board of
directors of its holding company (in each case, the “Incumbent Board”) cease for any reason to constitute at least a majority thereof, provided that any person becoming a director whose election was approved by a vote of a majority of the
directors comprising the Incumbent Board, or whose nomination for election was approved by the nominating committee serving under the Incumbent Board, shall be considered as though he were a member of the Incumbent Board. 

 

	1.12.	“Claimant” shall have the meaning set forth in Section 12.1. 

 

	1.13.	“Code” shall mean the Internal Revenue Code 1986, as it may be amended from time to time. 

 

	1.14.	“Death Benefit” shall mean the form of payment irrevocably selected by a Participant in his initial Plan Agreement for the distribution of his Account
Balance or remaining Account Balance following his death. 

  

	1.15.	“Deduction Limitation” shall mean the following described limitation on a benefit that may otherwise be distributable pursuant to the provisions of
Article 4 or Section 6.2 of the Plan. If the Bank determines in good faith that there is a reasonable likelihood that any amount to be paid to a Participant under Article 4 or Section 6.2 of the Plan for a taxable year of the Bank would
not be deductible by the Bank solely by reason of the limitation under Code Section 162(m), then to the extent deemed necessary by the Bank to ensure that the entire amount of any distribution to the Participant pursuant to Article 4 or
Section 6.2 of the Plan is deductible, the Bank may defer all or any portion of a distribution under Article 4 or Section 6.2 of the Plan. Any amounts deferred pursuant to this limitation shall continue to be credited/debited with
additional amounts in accordance with Section 3.5 below or the Trust, as applicable, even if such amount is being paid out in installments. The amounts so deferred and amounts credited thereon shall be distributed to the Participant or his
Beneficiary (in the event of the Participant’s death) as soon as possible after the Bank reasonably anticipates that the deduction for the payment will not be limited by the Code Section 162(m) or the calendar year in which the Participant
experiences a Separation from Service. 

  

	1.16.	“Director Participant” shall mean any Participant who is director of the Bank but excluding Employee Participants. 

 

	1.17.	“Disabled” shall mean where the Participant either is (a) unable to engage in substantial activity by reason of any physical or mental impairment
which 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) by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous
period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of the Bank or an Affiliate, and, in either case, the permanence and degree of which
is supported by medical evidence satisfactory to the Administrative Committee. 

  
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	1.18.	“Disability Benefit” shall mean the benefit set forth in Section 6.2 or as otherwise provided in a Participant’s Plan Agreement.

  

	1.19.	“Election Form” shall mean the form established from time to time by the Administrative Committee that a Participant completes, signs and returns to
the Bank or the Administrative Committee to make his irrevocable election of (a) the Annual Deferral Amount for a particular Plan Year under the Plan other than an Annual Bonus or portion thereto that is earned on a fiscal year basis after the
expiration of such particular Plan Year or (b) the Annual Bonus or portion thereto that is earned on a fiscal year basis after the expiration of a particular Plan Year. 

 

	1.20.	“Employee” shall mean a person who is classified as a full-time employee of the Bank or any of its Affiliates. 

 

	1.21.	“Employee Participant” shall mean any Participant who is an Employee. 

 

	1.22.	“Employer Contribution” shall mean $25,000 for each Director Participant who was a director of the Bank on December 31, 2004.

  

	1.23.	“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as it may be amended from time to time. 

 

	1.24.	“Maximum Deferral Amount” is the maximum amount of compensation deferrals in the aggregate that may be made by a Participant under the Plan as set
forth in his Plan Agreement. 

  

	1.25.	RESERVED. 

  

	1.26.	“Monthly Installment Method” shall mean a monthly installment payment over the number of months selected by the Participant in accordance with his Plan
Agreement, calculated as follows: The Account Balance of the Participant shall be calculated as of the end of the last day of the month. The monthly installment shall be calculated by multiplying this balance by a fraction, the numerator of which is
one, and the denominator of which is the remaining number of monthly payments due the Participant. By way of example, if the Participant receives benefits under a 120-month Monthly Installment Method, the payment shall be 1/120 of the Account
Balance, calculated as described in this definition. The following month, the payment shall be 1/119 of the Account Balance, calculated as described in this definition. Each monthly installment shall be paid on or as soon as practicable after the
last day of the applicable month. 

  
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	1.27.	“Other Annual Cash Compensation” shall mean any other cash compensation to be received by a Participant from the Bank or any of its Affiliates during
any Plan Year including MCGRP Plan payments to be received during any Plan Year. 

  

	1.28.	“Participant” shall mean (a) each Employee participant in the Pre-2005 Plan, (b) any other Employee selected by the Administrative Committee
to participate in the Plan, and (c) each director of the Bank, provided such individual (i) timely signs a Plan Agreement, an Election Form and Beneficiary Designation Form and (ii) such signed Plan Agreement, Election Form and
Beneficiary Designation Form are accepted by the Bank or the Administrative Committee. A spouse or former spouse of a Participant shall not be treated as a Participant in the Plan or have an Account Balance under the Plan, even if he has an interest
in the Participant’s benefits under the Plan as a result of applicable law or property settlements resulting from legal separation or divorce. 

  

	1.29.	“Plan” shall mean this 2005 Deferred Compensation, which shall be evidenced by this instrument and by each Plan Agreement, as they may be amended from
time to time. 

  

	1.30.	“Plan Agreement” shall mean a written agreement, as may be amended from time to time, which is entered into by and between the Bank and a Participant.
Each Plan Agreement executed by a Participant and the Bank shall provide for the Participant’s Maximum Deferral Amount, the method and time of payment of the Participant’s Account Balance and in certain cases other terms and provisions;
should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Bank or the Administrative Committee shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement,
provided there shall be no change to provisions relating to the method and time for the distribution of benefits, which shall be irrevocable in the Participant’s initial Plan Agreement. The terms of any Plan Agreement may be different for any
Participant, and any Plan Agreement may provide different rights to a Participant than those provided to other Participants under their Plan Agreements. 

  

	1.31.	“Plan Year” shall mean a period beginning on January 1 of each calendar year and continuing through December 31 of such calendar year.

  

	1.32.	“Pre-2005 Plan” shall mean the Pre-2005 Bank Deferred Compensation Plan, as fully restated and frozen as to contributions as of December 31, 2004.

  

	1.33.	“Section 409A of the Code” shall mean Section 409A of the Internal Revenue Code of 1986, as amended, and any regulations or other guidance of
general applicability issued thereunder. 

  

	1.34.	“Specified Employee” shall mean a key employee (as defined in Section 416(i) of the Code, without regard to paragraph 5 thereof) of the Bank or
any of its Affiliates at a time when the stock of the Bank or any of its Affiliates is publicly traded. For purposes of determining whether the Employee Participant is a Specified Employee, the identification date shall be December 31. The
determination of whether the Employee Participant is a Specified Employee shall be made by the Administrative Committee in accordance with Section 409A of the Code. 

  
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	1.35.	“ Separation from Service” shall mean the Participant’s cessation of services with the Bank and its Affiliates, including as a director, employee
or independent contractor. Whether a Participant has experienced a Separation from Service shall be determined in accordance with Section 409A of the Code. 

 

	1.36.	“Trust” shall mean one or more trusts established pursuant to a trust agreement, between the Bank and the Trustee named therein to provide benefits
hereunder, as amended from time to time. 

  

	1.37.	“Unforeseeable Financial Emergency” shall mean an unforeseeable, severe financial condition resulting from (i) a sudden and unexpected illness or
accident of the Participant, the Participant’s spouse or a dependent of the Participant (within the meaning of Section 152(a) of the Code), (ii) a loss of the Participant’s property due to casualty or (iii) other similar
extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, all as determined in the sole discretion of the Administrative Committee in accordance with Section 409A of the Code.

 ARTICLE 2 
 Selection, Enrollment, Eligibility 
  

	2.1	Participation. Participation in the Plan shall be limited to (i) a select group of management and highly compensated Employees as determined by the
Administrative Committee in its sole discretion from time to time, including all Employees who are participants in the Pre-2005 Plan and (ii) all directors of the Bank. The Administrative Committee shall select, in its sole discretion,
Employees to participate in the Plan. 

  

	2.2	Enrollment Requirements. As a condition to participation, each director of the Bank and Employee selected by the Administrative Committee shall complete,
execute, date, and return to the Bank or the Administrative Committee a Plan Agreement, an Election Form and a Beneficiary Designation Form within the time period specified immediately below. In the case of an existing director of the Bank or an
Employee participant in the Pre-2005 Plan, the required documents must be executed and delivered prior to December 31, 2004, except the initial Plan Agreement may be executed at such later date as is permitted under Section 409A of the
Code. In the case of a future director of the Bank the required documents must be executed and delivered within 30 days after he becomes a director. In the case of an Employee selected by the Administrative Committee, the required documents must be
executed and delivered within 30 days after he is selected to become a Participant. In addition, the Administrative Committee may establish from time to time such other enrollment requirements as it determines in its sole discretion are necessary or
appropriate. 

  

	2.3	Commencement of Participation. Each director of the Bank, each Employee Participant in the Pre-2005 Plan and each Employee selected by the Administrative
Committee shall commence participation in the Plan on the first day of the month following the month in which he completes all enrollment requirements. If a person eligible for participation in the Plan fails to meet all such requirements within the
period required, in accordance with Section 2.2, that person shall not be eligible to participate in the Plan until the first day of the Plan Year following the delivery to and acceptance by the Bank or the Administrative Committee of the
required documents. 

  
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	2.4	Termination of Participation and/or Deferrals. If the Administrative Committee determines in good faith that an Employee Participant no longer qualifies
as a member of a select group of management or highly compensated employees, as membership in such group is determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, the Administrative Committee shall have the right, in its
sole discretion, to prevent such Employee Participant from making future deferral elections, or take any other necessary actions, to the extent permitted by Section 409A of the Code. 

ARTICLE 3 

Deferrals and Crediting/Taxes 
  

	3.1	Compensation Deferrals. For each Plan Year, an Employee Participant may elect to defer, as his Annual Deferral Amount, such amount of his Base Annual
Salary, Annual Bonus and Other Annual Cash Compensation as is set forth in the Employee Participant’s Election Form with respect to such Plan Year; provided however, that any deferral of an Annual Bonus or portion thereof that is earned on a
fiscal year basis after the expiration of such Plan Year must be evidenced by a separate Election Form executed and delivered by the Participant prior to the commencement of such fiscal year(i.e., at least twelve months prior to the time such
bonus is earned). Each election shall be irrevocable with respect to compensation covered by the election. Notwithstanding the foregoing, if an Employee Participant first becomes a Participant after the first day of a Plan Year, the maximum Annual
Deferral Amount shall be limited to the amount of Base Annual Salary and Annual Bonus not yet earned by the Employee Participant and Other Annual Cash Compensation that the Employee Participant is not yet entitled to receive as of the date the
Participant submits a Plan Agreement, an Election Form and Beneficiary Designation Form to the Bank or the Administrative Committee for acceptance. The same procedures apply to Director Participants relating to deferral of fees to be received from
the Bank; provided if a Director Participant first becomes a Participant after the first day of a Plan Year, the maximum Annual Deferral Amount shall be limited to fees not yet earned. If no election is made by a Participant his Annual Deferral
Amount for the Plan Year shall be zero. In no event can a Participant’s aggregate Annual Deferral Amounts under this Plan and the Pre-2005 Plan exceed such Participant’s Maximum Deferral Amount. 

 

	3.2	Election to Defer; Effect of Election Form; Suspension. 

 

	 	(a)	First Plan Year. In connection with a Participant’s commencement of participation in the Plan, the Participant shall make an irrevocable election
regarding his Annual Deferral Amount for the Plan Year in which the Participant commences participation in the Plan, along with such other elections as the Administrative Committee deems necessary or desirable under the Plan. For these elections to
be valid, the Election Form must be completed and signed by the Participant, timely delivered to the Bank or the Administrative Committee (in accordance with Section 2.2 above) and accepted by the Bank or the Administrative Committee.

  
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	 	(b)	Subsequent Plan Years. For each succeeding Plan Year, the Participant shall make an irrevocable election regarding his Annual Deferral Amount for that
Plan Year, and such other elections as the Administrative Committee deems necessary or desirable under the Plan. Such election shall be made before the end of the Plan Year preceding the Plan Year in which the services are performed which give rise
to the compensation being deferred for which the election is made, or at such other time as may be required or permitted by Section 409A of the Code, by means of a new Election Form. If no such Election Form is timely delivered for a Plan Year
or no election is made, the Annual Deferral Amount for that Plan Year shall be zero. 

  

	 	(c)	Fiscal Year Bonus. Notwithstanding anything contained in Sections 3.2(a) and (b) to the contrary, to the extent an Annual Bonus or portion thereof is
earned on a fiscal year basis after the expiration of a particular Plan Year, a Participant must sign and deliver a separate Election Form relating to the amount thereof to be deferred prior to the commencement of such fiscal year (i.e.,
election must be made at least twelve months prior to the time such bonus is earned). 

  

	3.3	Withholding of Annual Deferral Amounts. For each Plan Year, the Base Annual Salary portion of the Annual Deferral Amount of an Employee Participant
shall be withheld from each regularly scheduled Base Annual Salary payroll in equal amounts, as adjusted from time to time for increases and decreases in Base Annual Salary. The Annual Bonus and Other Annual Cash Compensation portions of the Annual
Deferral Amount shall be withheld at the time the Annual Bonus or Other Annual Cash Compensation, as applicable, is paid to the Employee Participant, whether or not this occurs during the Plan Year itself. For each Plan Year, the Bank will exercise
reasonable efforts to withhold the portion of a Director Participant’s Annual Deferral Amount pro rata on a monthly basis. 

  

	3.4	Vesting. A Participant shall at all times be 100% vested in his Account Balance. 

 

	3.5	 Crediting of Account Balances; Employer Contribution. As of the end of the each calendar month during the Plan Year, each
Participant’s Account Balance (until complete and final distribution thereof to the Participant or his Beneficiary) shall be credited with earnings based on value of the Participant’s Account Balance on the last day of such month. Earnings
shall be credited at a rate equal to the average rate of earning assets of the Bank (or its successor in interest) determined as of the last day of the preceding calendar month. Notwithstanding the foregoing, earnings pursuant to this
Section 3.5 shall not be credited on any portion of a Participant’s Account Balance held in the Trust and the Account Balances held in the Trust shall be invested by the Trustee of the Trust pursuant to self-directed elections of
Participants or Beneficiaries of deceased Participants in eligible investments designated from time to time by the Administrative Committee and such Account Balances shall be credited with the earnings and debited with the losses relating to such
investments. The Employer Contribution on behalf of eligible Director Participants shall be made in annual installments of $5,000 as early as practicable during January of each applicable year commencing January, 2005; provided

  
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however, if an eligible Director Participant has a Separation from Service prior to the time that the entire Employer Contribution has been made on his behalf, then any uncontributed portion
thereof shall be contributed during his last month of service. Earnings on each Employer Contribution shall begin in the first full calendar month after such contribution is made. 

 

	3.6	FICA and Other Taxes. For each Plan Year the Bank or its applicable affiliate shall withhold from that portion of an Employee Participant’s Base
Annual Salary, Annual Bonus and Other Annual Cash Compensation that is not being deferred, in a manner determined by the Bank, the Participant’s share of FICA and other employment taxes on the Annual Deferral Amount. The Administrative
Committee may reduce the Annual Deferral Amount in order to comply with this Section 3.6 if it determines that such action is necessary or appropriate. 

 

	3.7	Tax Withholding from Distributions. The Bank, or the Trustee of the Trust, shall withhold from any payments made to a Participant or his Beneficiary under
the Plan all federal, state and local income, employment and other taxes required to be withheld by the Bank, or the Trustee of the Trust, in connection with such payments, in amounts and in a manner to be determined in the sole discretion of the
Bank or the Trustee of the Trust, as applicable. 

 ARTICLE 4 

Special Withdrawal Provisions 
  

	4.1	Unforeseeable Financial Emergency. If the Participant experiences an Unforeseeable Financial Emergency, the Participant may petition the Administrative
Committee to receive a partial or full payout from the Plan. The payout shall not exceed the lesser of the Participant’s Account Balance or the amount reasonably needed to satisfy the Unforeseeable Financial Emergency, as determined under
Section 409A of the Code, taking into account taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement by insurance or otherwise or by
liquidation of the Participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship). If, subject to the sole discretion of the Administrative Committee, the petition for a payout is approved,
any payout shall be made within 60 days of the date of approval. Following approval of a payout under this Section 4.1, a Participant shall not be permitted to continue or resume participation in the Plan until the first day of the following
Plan Year. The payment of any amount under this Section 4.1 shall be subject to the Deduction Limitation. 

  

	4.2	 Accelerated Distribution of Certain Taxes. The Participant may request the Administrative Committee to make an accelerated payout from
the Plan for the payment of certain taxes. The Administrative Committee shall honor such request provided the payout shall not exceed (a) the Federal Income Contributions Act (FICA) tax imposed under Code Sections 3101, 3121(a), and 3121(v)(2)
on compensation deferred under the Plan (the “FICA Amount”), plus (b) the income tax at source on wages imposed under Code Section 3401 on the FICA Amount, plus (c) the additional income tax at source on

  
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wages attributable to the pyramiding Code Section 3401 wages and taxes. In no event shall the amount distributable under the preceding sentence exceed the aggregate of the FICA Amount and
the income tax withholding related to such FICA Amount. The Administrative Committee shall also permit the distribution from the Plan of any other income or withholding taxes attributable to Participant’s benefit under the Plan, to the extent
permitted by Section 409A of the Code. The payment of any amount under this Section 4.2 shall be subject to the Deduction Limitation. 

 ARTICLE 5 
 Payment of Benefit 

 

	5.1	Payment of Benefit to Participant. A Participant shall receive distribution of his Account Balance in a single lump sum payment or under a Monthly
Installment Method as irrevocably elected by him in his initial Plan Agreement. Except as provided in Article 4 and 6, no benefit will be paid under the Plan to a Participant prior to a Separation from Service. A lump sum distribution shall be made,
or installment payments under a Monthly Installment Method shall commence within 60 days after the date of the Participant’s Separation from Service, unless the Participant is a Specified Employee, in which case, no payment shall be made until
the earlier of his death or six months after his Separation from Service. Should the Participant die prior to the payment of his entire Account Balance, the provisions of Section 5.2 shall apply. 

 

	5.2	Death Prior to Completion of Payment of Benefit. If a Participant dies after commencement of the payment of his benefit but before his Account Balance is
paid in full, the Participant’s Death Benefit consisting of his remaining Account Balance shall be paid to the Participant’s Beneficiary as set forth in the Participant’s initial Plan Agreement 

 

	5.3	Death Resulting in Separation from Service. If a Participant dies while in service with the Bank or any of its Affiliates his Death Benefit shall be paid
to his Beneficiary as set forth in his initial Plan Agreement. 

 ARTICLE 6 

Disability Waiver and Benefit 
  

	6.1	Disability Benefit. An Employee Participant who is Disabled shall, for benefit purposes under the Plan, continue to be considered to be employed and shall
be eligible for the benefits provided in Articles 4 and 5 in accordance with the provisions of those Articles. Notwithstanding the above, if the Employee Participant experiences an actual Separation from Service while Disabled, then the Employee
Participant shall receive a Disability Benefit equal to his Account Balance. Unless otherwise provided in his initial Plan Agreement, the Employee Participant shall receive distribution of his Disability Benefit under the Monthly Installment Method
over a period of sixty (60) months commencing within 60 days after his actual or deemed Separation from Service. Any payment made following a deemed Separation from Service shall be subject to the Deduction Limitation. If such Employee
Participant dies prior to receiving the full amount of his Disability Benefit, then his Beneficiary shall receive the balance of his Account Balance as a Death Benefit as set forth in the Participant’s initial Plan Agreement.

  
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 ARTICLE 7 
 Beneficiary Designation 
  

	7.1	Beneficiary. Each Participant shall have the right, at any time, to designate his Beneficiary(ies) (both primary as well as contingent) to receive any
benefits payable under the Plan upon the death of a Participant. The Beneficiary(ies) designated under the Plan may be the same as or different from the Beneficiary(ies) designated under any other plan of the Bank in which the Participant
participates. If a Participant’s Primary Beneficiary(ies) shall die prior to disbursement of the Participant’s entire Account Balance, the remaining Account Balance shall be distributed to the Participant’s contingent or Secondary
Beneficiary(ies) in the same manner distribution was being made to his Primary Beneficiary(ies) or as otherwise provided in the Participant’s Plan Agreement. 

 

	7.2	Beneficiary Designation: Change. A Participant shall designate his Beneficiary(ies) by completing and signing the Beneficiary Designation Form and
returning it to the Bank or the Administrative Committee. A Participant shall have the right to change his Beneficiary(ies) by completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Administrative
Committee’s rules and procedures, as in effect from time to time. Upon the acceptance by the Bank or the Administrative Committee of a new Beneficiary Designation Form, all Beneficiary designations previously filed shall be canceled. The
Administrative Committee shall be entitled to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the Bank or the Administrative Committee prior to his death. 

 

	7.3	Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received and acknowledged in writing by the Bank or the
Administrative Committee. 

  

	7.4	No Beneficiary Designation. If a Participant fails to designate a Beneficiary as provided in Sections 7.1, 7.2 and 7.3 above or, if all designated
Beneficiaries predecease the Participant or die prior to complete distribution of the Participant’s benefits, then the Participant’s designated Beneficiary shall be deemed to be his surviving spouse. If the Participant has no surviving
spouse, the benefits remaining under the Plan to be paid to a Beneficiary shall be payable to the Participant’s estate. 

  

	7.5	Doubt as to Beneficiary. If the Administrative Committee has any doubt as to the proper Beneficiary to receive payments pursuant to the Plan, the
Administrative Committee shall have the right, exercisable in its discretion, to cause the Bank to withhold such payments until this matter is resolved to the Administrative Committee’s satisfaction. 

 

	7.6	Discharge of Obligations. The payment of benefits under the Plan to a Beneficiary shall fully and completely discharge the Bank, the Administrative
Committee, and the Trustee under the Trust from all further obligations under the Plan and the Trust with respect to the Participant. 

  
 12 

 ARTICLE 8 
 Leave of Absence 
  

	8.1	Paid Leave of Absence. If an Employee Participant is authorized by the Bank or any of its Affiliates for any reason to take a paid leave of absence from
the employment of the Bank or any of its Affiliates, the Employee Participant shall continue to be considered employed by the Bank or its applicable Affiliates and the Annual Deferral Amount shall continue to be withheld during such paid leave of
absence in accordance with Section 3.2. 

  

	8.2	Unpaid Leave of Absence. If an Employee Participant is authorized by the Bank or any of its Affiliates for any reason to take an unpaid leave of absence
from the employment of the Bank or any of its Affiliates, the Employee Participant shall continue to be considered employed by the Bank or its applicable Affiliate and the Employee Participant shall be excused from making deferrals until the earlier
of the date the leave of absence expires or the Employee Participant returns to a paid employment status to the extent permitted by Section 409A of the Code. Upon such expiration or return, deferrals shall resume for the remaining portion of
the Plan Year in which the expiration or return occurs, based on the deferral election made for that Plan Year. 

ARTICLE 9 

Termination, Amendment or Modification 
  

	9.1	Termination. Although the Bank anticipates that it will continue as a sponsor of the Plan for an indefinite period of time, there is no guarantee that the
Bank will continue as a sponsor of the Plan or will not terminate its sponsorship of the Plan at any time in the future. Accordingly, the Bank reserves the right to discontinue its sponsorship of the Plan at any time by action of the Board. Upon the
termination of the sponsorship of the Plan by the Bank, no further deferrals shall be permitted under the Plan, but the remaining provisions of the Plan shall remain in full force and effect until all distribution of benefits are made in accordance
with the Plan and Plan Agreements. Following termination of the sponsorship of the Plan by the Bank, new Beneficiary Designation Forms shall continue to be accepted and/or acknowledged by the Bank or the Administrative Committee. The ability to
terminate the Plan, and the manner in which Plan benefits are distributed in connection with a Plan termination, shall comply with the requirements of Section 409A of the Code. 

 

	9.2	Amendment. The Bank may, at any time, amend or modify the Plan in whole or in part by the action of the Board; provided, however, that no amendment or
modification shall (a) alter the obligation of the Bank to establish the Trust and to transfer all Account Balances of Participants and their Beneficiaries to the Trust within 30 days after a Change in Control, (b) change the method or
timing of payment of benefits under a Participant’s initial Plan Agreement or (c) change the earnings component set forth in Section 3.5, or (d) violate Section 409A of the Code. 

 

	9.3	Effect of Payment. The full payment of the applicable benefit under Articles 4, 5 or 6 of the Plan shall completely discharge all obligations of the Bank
to a Participant and his designated Beneficiaries under the Plan and the Participant’s Plan Agreement shall terminate. 

  
 13 

 ARTICLE 10 
 Administration 
  

	10.1	Administrative Committee Duties. The Plan shall be administered by an Administrative Committee which shall consist of the Board, or such committee as the
Board shall appoint. Members of the Administrative Committee may be Participants under the Plan. The Administrative Committee shall also have the discretion and authority to (i) make, amend, interpret, and enforce all appropriate rules and
regulations for the administration of the Plan and (ii) decide or resolve any and all questions including interpretations of the Plan, as may arise in connection with the Plan. Any individual on the Administrative Committee who is a Participant
shall not vote or act on any matter relating solely to himself. When making a determination or calculation, the Administrative Committee shall be entitled to rely on information furnished by a Participant or the Bank. 

 

	10.2	Agents. In the administration of the Plan, the Administrative Committee may, from time to time, employ agents and delegate to them such administrative
duties as it sees fit (including acting through a duly appointed representative) and may from time to time consult with counsel who may be counsel to the Bank. 

 

	10.3	Binding Effect of Decisions. The decision or action of the Administrative Committee with respect to any question arising out of or in connection with the
administration, interpretation and application of the Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Plan. 

 

	10.4	Indemnity of Administrative Committee. The Bank shall indemnify and hold harmless the members of the Administrative Committee, and any person to whom the
duties of the Administrative Committee may be delegated, against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to the Plan, except in the case of willful misconduct by the
Administrative Committee or any of its members or any such delegate. 

  

	10.5	Information. To enable the Administrative Committee to perform its functions, the Bank shall supply full and timely information to the Administrative
Committee as the Administrative Committee may reasonably request. 

 ARTICLE 11 

Other Benefits and Agreements 
 The benefits provided for a Participant or a Participant’s Beneficiary under the Plan are in addition to any other benefits available to such Participant under any other plan or program sponsored by
the Bank. The Plan shall supplement and shall not supersede, modify or amend any other such plan or program except as may otherwise be expressly provided therein. 

  
 14 

 ARTICLE 12 
 Claims Procedures 
  

	12.1	Presentation of Claim. Any Participant or Beneficiary of a deceased Participant (such Participant or Beneficiary being referred to below as a
“Claimant”) may deliver to the Administrative Committee a written claim for a determination with respect to the amounts distributable to such Claimant from the Plan. If such a claim relates to the contents of a notice received by the
Claimant, the claim must be made within 60 days after such notice was received by the Claimant. All other claims must be made within 180 days of the date on which the event that caused the claim to arise occurred. The claim must state with
particularity the determination desired by the Claimant. 

  

	12.2	Notification of Decision. The Administrative Committee shall consider a Claimant’s claim within a reasonable time, and shall notify the Claimant in
writing: 

  

	 	(a)	that the Claimant’s requested determination has been made, and that the claim has been allowed in full; or 

 

	 	(b)	that the Administrative Committee has reached a conclusion contrary, in whole or in part, to the Claimant’s requested determination, and such notice must set forth
in a manner calculated to be understood by the Claimant: 

  

	 	(i)	the specific reason(s) for the denial of the claim, or any part of it; 

  

	 	(ii)	specific reference(s) to pertinent provisions of the Plan upon which such denial was based; 

 

	 	(iii)	a description of any additional material or information necessary for the Claimant to perfect the claim, and an explanation of why such material or information is
necessary; and 

  

	 	(iv)	an explanation of the claim review procedure set forth in Section 12.3 below. 

 

	12.3	Review of a Denied Claim. With 60 days after receiving a notice from the Administrative Committee that a claim has been denied, in whole or in part, a
Claimant (or the Claimant’s duly authorized representative) may file with the Administrative Committee a written request for a review of the denial of the claim. Thereafter, but not later than 30 days after the review procedure began, the
Claimant (or the Claimant’s duly authorized representative): 

  

	 	(a)	may review pertinent documents; 

  

	 	(b)	may submit written comments or other documents; and/or 

  

	 	(c)	may request a hearing, which the Administrative Committee, in its sole discretion, may grant. 

  
 15 

	12.4	Decision on Review. The Administrative Committee shall render its decision on review promptly, and not later than 60 days after the filing of a written
request for review of the denial, unless a hearing is held or other special circumstances require additional time, in which case the Administrative Committee’s decision must be rendered within 120 days after such date. Such decision must be
written in a manner calculated to be understood by the Claimant, and it must contain: 

  

	 	(a)	specific reasons for the decision; 

  

	 	(b)	specific reference(s) to the pertinent Plan provisions upon which the decision was based; and 

 

	 	(c)	such other matters as the Administrative Committee deems relevant. 

  

	12.5	Legal Action. A Claimant’s compliance with the foregoing provisions of this Article 12 is a mandatory prerequisite to a Claimant’s right to
commence any legal action with respect to any claim for benefits under the Plan. 

 ARTICLE 13 

Trust 
  

	13.1	Establishment of the Trust. Prior to a Change in Control the Bank shall, at the direction of the Administrative Committee, establish the Trust upon such
terms as the Administrative Committee deems appropriate, which shall be applied on a uniform and non-discriminatory basis to all Participants. Immediately prior to or within 30 days after a Change in Control the Bank or its successor in interest
shall transfer all Account Balances to the Trust in cash upon such terms as the Administrative Committee deems appropriate, which shall be applied on a uniform and non-discriminatory basis to all Participants. Except for amendments to the Trust to
comply with applicable laws, no amendments to the Trust shall be made after a Change in Control. 

  

	13.2	Interrelationship of the Plan and the Trust. The provisions of the Plan and the Plan Agreement shall govern the rights of a Participant to receive
distributions pursuant to the Plan. The provisions of the Trust shall govern the rights of the Bank, Participants and the creditors of the Bank to the assets transferred to the Trust. The Bank shall at all times remain liable to carry out its
obligations under the Plan. 

  

	13.3	Investment of Trust Assets. The Trustee of the Trust shall be authorized, upon written instructions received from the Participant or the Beneficiary of a
deceased Participant, to invest and reinvest the Account Balance of the Participant in eligible investments designated from time to time by the Trustee of the Trust in accordance with the applicable trust agreement. 

 

	13.4	Distributions From the Trust. The Bank’s obligations under the Plan may be satisfied with Trust assets distributed pursuant to the terms of the Trust
and any such distribution shall reduce the Bank’s corresponding obligations under the Plan. 

  
 16 

 ARTICLE 14 
 Miscellaneous 
  

	14.1	Status of Plan. The Plan is intended to be a plan that is not qualified within the meaning of Code Section 401(a) and that “is unfunded and is
maintained by an employer primarily for the purpose of providing deferred compensation for (directors of the Bank and) a select group of management or highly compensated employees” within the meaning of ERISA Sections 201(2), 301(a)(3) and
401(a)(1). The Plan shall be administered and interpreted to the extent possible in a manner consistent with that intent. 

  

	14.2	Unsecured General Creditor. Participants and their Beneficiaries, heirs, successors and assigns shall have no legal or equitable rights, interests or
claims in any property or assets of the Bank. For purposes of the payment of benefits under the Plan, any and all of the Bank’s assets shall be, and remain the general, unpledged and unrestricted assets of such entity. The Bank’s
obligation under the Plan shall be merely of an unfunded and unsecured promise to pay money in the future. 

  

	14.3	Liability. The Bank’s liability for the payment of benefits shall be defined only by the Plan including a Participant’s Plan Agreement. The Bank
shall have no obligation to a Participant under the Plan except as expressly provided in the Plan including such Participant’s Plan Agreement. 

  

	14.4	Nonassignability. Neither a Participant nor any other person shall have any right to commute, sell, assign, transfer, pledge, anticipate, mortgage or
otherwise encumber, transfer, hypothecate, alienate or convey in advance of actual receipt, the amounts, if any, payable hereunder, or any part thereof, which are, and all rights to which are expressly declared to be, unassignable and
non-transferable. No part of the amounts payable shall, prior to actual payment, be subject to seizure, attachment, garnishment or sequestration for the payment of any debts, judgments, alimony or separate maintenance allowed by a Participant or any
other person, be transferable by operation of law in the event of a Participant’s or any other person’s bankruptcy or insolvency or be transferable to a spouse as a result of a property settlement or otherwise. 

 

	14.5	Not a Contract of Service. The terms and conditions of the Plan shall not be deemed to constitute a contract of employment or service between the Bank and
any of its Affiliates, on the one hand, and a Participant, on the other hand. Nothing in the Plan shall be deemed to give a Participant the right to be retained in the service of the Bank or any of its Affiliates or to interfere with the right of
the Bank or any of its Affiliates to discipline or discharge the Participant at any time. 

  

	14.6	Furnishing Information. A Participant or his Beneficiary will cooperate with the Administrative Committee by furnishing any and all information requested
by the Administrative Committee and take such other actions as may be requested in order to facilitate the administration of the Plan and the payments of benefits hereunder. 

  
 17 

	14.7	Terms. Whenever any words are used herein in the masculine, they shall be construed as though they were in the feminine in all cases where they would so
apply; and whenever any words are used herein in the singular or in the plural, they shall be construed as though they were used in the plural or the singular, as the case may be, in all cases where they would so apply. 

 

	14.8	Captions. The captions of the articles, sections and paragraphs of the Plan are for convenience only and shall not control or affect the meaning or
construction of any of its provisions. 

  

	14.9	Governing Law. Subject to ERISA, the provisions of the Plan shall be construed and interpreted according to the internal laws of the State of North
Carolina without regard to its conflicts of laws and principles. 

  

	14.10 	Notice. Any notice or filing required or permitted to be given to the Administrative Committee under the Plan shall be sufficient if in writing and
hand-delivered, or sent by registered or certified mail, to the address below. 

 President 

HomeTrust Bank 

10 Woodfin Street 

Ashville, NC 28801 
 Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification. Any notice or filing
required or permitted to be given to a Participant under the Plan shall be sufficient if in writing and hand-delivered, or sent by mail, to the last known address of the Participant. 

 

	14.11 	Successors. The provisions of the Plan shall bind and inure to the benefit of the Bank and its successors and assigns and the Participants and their
Beneficiaries. 

  

	14.12 	Spouse’s Interest. The interest in the benefits hereunder of a spouse of a Participant who has predeceased the Participant shall automatically pass
to the Participant and shall not be transferable by such spouse in any manner, including, but not limited to, such spouse’s will, nor shall such interest pass under the laws of intestate succession. 

 

	14.13 	Validity. In case any provision of the Plan shall be illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts
hereof, but the Plan shall be constructed and enforced as if such illegal or invalid provision had never been inserted herein. 

  

	14.14 	 Incompetent. If the Administrative Committee determines in its discretion that a benefit under the Plan is to be paid to a minor, a
person declared incompetent or to a person incapable of handling the disposition of that person’s property, the Administrative Committee may direct payment of such benefit to the guardian, legal representative or person having the care and
custody of such minor, incompetent or incapable person. The Administrative Committee may require proof of minority, incompetence, incapacity or 

  
 18 

	 	
guardianship, as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the account of the Participant and the Participant’s
Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount. 

  

	14.15 	Court Order. The Administrative Committee is authorized to make any payments directed by court order in any action in which the Bank, the Plan or the
Administrative Committee has been named as a party. In addition, if a court determines that a spouse or former spouse of a Participant has an interest in the Participant’s benefits under the Plan in connection with a property settlement or
otherwise, the Administrative Committee, in its sole discretion shall have the right, notwithstanding any election made by a Participant, to immediately distribute the spouse’s or former spouse’s interest in the Participant’s benefits
under the Plan to that spouse or former spouse. The provisions of this Section 14.15 shall only apply to the extent permitted by Section 409A of the Code. 

 

	14.16 	Legal Fees To Enforce Rights After Change in Control. The Bank is aware that upon the occurrence of a Change in Control, the Board (which might then be
composed of new members) or stockholder(s) of the Bank, or of any successor corporation, might then cause or attempt to cause the Bank or such successor to refuse to comply with its obligations under the Plan and might cause or attempt to cause the
Bank to institute, or may institute, litigation seeking to deny Participants the benefits intended under the Plan. In these circumstances, the purpose of the Plan could be frustrated. Accordingly, if, following a Change in Control, it should appear
to any Participant that the Bank or any successor corporation has failed to comply with any of its obligations under the Plan or any agreement thereunder, or, if the Bank or any other person takes any action to declare the Plan void or unenforceable
or institutes any litigation or other legal action designed to deny, diminish or to recover from any Participant the benefits intended to be provided, then the Bank (or its successor in interest) irrevocably authorizes such Participant to retain
counsel of his choice at the expense of the Bank (or its successor in interest) to represent such Participant in connection with the initiation or defense of any litigation or other legal action, whether by or against the Bank (or its successor in
interest) or any director, officer, stockholder or other person affiliated with the Bank or any successor thereto in any jurisdiction. 

 The Bank has signed the Plan as of this              day of August, 2011. The Plan is a restatement of the Plan executed as of
August 1, 2006. 
  

			
	 HomeTrust BANK,
 a
federal savings bank

		
	By:	 	 
	Name:	 	F. Ed Broadwell, Jr.
	Title:	 	Chairman/CEO

  
 19

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