Home Federal Bancorp amends CEO Barlow's SERP, accelerates vesting to 100% by Dec 2030

Home Federal Bancorp, Inc. of Louisiana

Vesting schedule accelerated from 6.25%/yr to 10%/yr; 100% vested by Dec 31, 2030.
Annual retirement benefit remains $120,000 payable over 10 years starting Dec 31, 2033.
Change-in-control provision: credited with up to 5 additional years of service for vesting.
Agreement effective July 1, 2026; amends and restates prior SERP from Dec 2017.
Death benefit: full lump sum if dies in active service; remaining installments to beneficiaries if dies after retirement.

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