SEC Contract Filing

Filing Date: 2020-03-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.39
<SEQUENCE>5
<FILENAME>qcrh-20191231ex1039e87ad.htm
<DESCRIPTION>EX-10.39
<TEXT>
<!--HTML document created with Toppan Merrill Bridge 9.5.2.4-->
<!--Created on: 3/13/2020 2:12:56 PM-->
<html>
	<head>
 <title>
 qcrh_Ex10_39
 </title>
	</head>
	<body><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
 <p style="margin:0pt 0pt 1.75pt;text-align:right;color:#3B3B3B;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">Exhibit 10.39</font>
 </p>
 <p style="margin:0pt 0pt 1.75pt;text-align:right;color:#3B3B3B;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-size:11pt;">&nbsp;</font>
 </p>
 <p style="margin:0pt 0pt 1.75pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">QCR&nbsp;&nbsp;HOLDINGS, INC.</font>
 </p>
 <p style="margin:0pt 0pt 1.55pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">EXECUTIVE DEFERRED COMPENSATION PLAN</font>
 </p>
 <p style="margin:0pt 0pt 12pt;text-align:center;color:#3B3B3B;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:8.5pt;">(EFFECTIVE OCTOBER </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">23, 2008)</font>
 </p>
 <p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">PARTICIPATION AGREEMENT</font>
 </p>
 <p style="margin:0pt 0pt 12pt 6.05pt;text-indent:36.85pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">THIS PARTICIPATION AGREEMENT (the </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">"Participation Agreement") </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">is entered into as of this 24</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;font-size:6pt;top:-4pt;position:relative;line-height:100%">th </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">day of November, 2014 by and between QCR Holdings, Inc. (the </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">"Employer") </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">and Dana </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11pt;">L. </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">Nichols, an executive of the Employer (the </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">"Participant").</font>
 </p>
 <p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">RECITALS:</font>
 </p>
 <p style="margin:0pt 0pt 12pt 6.35pt;text-indent:36.75pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#0C0C0C;font-size:11.5pt;">WHE </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">REAS, QCR Holdings, Inc. </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">("QCR") </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">has adopted the QCR Holdings Executive Deferred Compensation Plan (Effective October 23, 2008) (the </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#3B3B3B;font-size:11pt;">"Plan"), </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">the Employer provides for participation in such Plan and the Administrator has determined that the Participant is eligible to participate in the Plan on the terms and conditions set forth in this Participation Agreement and the Plan.</font>
 </p>
 <p style="margin:0pt 0pt 12pt 6.1pt;text-indent:36.6pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 11pt;">
 <font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">NOW, </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0C0C0C;font-size:11.5pt;">THEREFORE, in </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">consideration </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0C0C0C;font-size:11.5pt;">of </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#3B3B3B;font-size:11.5pt;">the </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#0C0C0C;font-size:11.5pt;">fo