SEC Contract Filing

Filing Date: 2019-02-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.12
<SEQUENCE>2
<FILENAME>msbi-20181231ex1012604c0.htm
<DESCRIPTION>EX-10.12
<TEXT>
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 <font style="display:inline;font-weight:bold;">Exhibit 10.12</font>

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 <font style="display:inline;font-weight:bold;">AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT</font>
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 <font style="display:inline;;font-size: 11pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;font-weight:bold;">THIS AMENDMENT NO. &nbsp;2 TO EMPLOYMENT AGREEMENT</font><font style="display:inline;"> (this &#x201C;</font><font style="display:inline;font-weight:bold;">Amendment</font><font style="display:inline;">&#x201D;) is made and entered into as of January 1, 2019&nbsp;(the &#x201C;</font><font style="display:inline;font-weight:bold;">Effective Date</font><font style="display:inline;">&#x201D;) by and between Midland States Bancorp, Inc. (the &#x201C;</font><font style="display:inline;font-weight:bold;">Company</font><font style="display:inline;">&#x201D;), Midland States Bank, an Illinois banking corporation (the &#x201C;</font><font style="display:inline;font-weight:bold;">Bank</font><font style="display:inline;">&#x201D;) (the Bank and the Company hereinafter collectively referred to as the &#x201C;</font><font style="display:inline;font-weight:bold;">Employer</font><font style="display:inline;">&#x201D;), and Douglas J. Tucker (&#x201C;</font><font style="display:inline;font-weight:bold;">Executive</font><font style="display:inline;">&#x201D;).</font>
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 <font style="margin:0pt;border-bottom:1pt none #D9D9D9;font-family:Times New Roman,Times,serif;text-align:justify;text-justify:inter-ideograph;font-size:11pt;;"> A.</font>
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 <font style="display:inline;color:#000000;">The Executive serves as Senior Vice President, Corporate Counsel, of the Company and the Bank, and has entered into an Employment Agreement with the Company and the Bank, dated as of December 1, 2010, as amended by that certain Amendment No. 1 to Employment Agreement dated as of December 15, 2017 (the &#x201C;</font><font style="display:inline;font-weight:bold;">Employment Agreement</font><font style="display:inline;color:#000000;">&#x201D;).</font></p></td></tr></table></div>
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 <font style="display:inline;color:#000000;">As a result of Amendment No. 1 to Executive&#x2019;s Employment Agreement containing errors with respect to Executive&#x2019;s bonus and long-term incentive award percentages, the Company&#x2019;s Compensation Committee has instructed that an amendment to Executive&#x2019;s Employment Agreement be executed reflecting the correct percentages.</font></