First Community Financial Partners (FCMPE) 10-K 2016 FY Annual report

Exhibit 10.29

SECOND AMENDMENT OF

FIRST COMMUNITY FINANCIAL

EMPLOYMENT AGREEMENT

WITH DONN P. DOMICO

This SECOND AMENDMENT OF EMPLOYMENT AGREEMENT is made and entered into as of January 1st, 2016 (the "Effective Date"), by and among FIRST COMMUNITY FINANCIAL PARTNERS, INC. ("FCFP"), FIRST COMMUNITY FINANCIAL BANK (the "Bank," and together with FCFP, the "Employer"), and DONN P. DOMICO ("Executive," and together with the Employer, the "Parties").

RECITALS

A.The Parties have made and entered into that certain Employment Agreement, effective March 12, 2013 (the "Agreement") and as amended as of December 18, 2014.

B.Pursuant to Section 18 of the Agreement, the Agreement may be amended by written agreement signed by the Parties.

C.The Parties desire to eliminate the monthly personal expense allowance as specified in the Agreement and incorporate this amount into the Executive’s Annual Base Salary.

AGREEMENT

Inconsideration of the foregoing and the mutual promises and covenants of the Parties set forth in this Amendment, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby expressly agree as follows:

1.Section 3(g) of the Agreement is deleted in its entirety (which Section provided for Personal Expense Allowance).

2.The amount of Annual Base Salary in Section 3(a) is modified to $275,000. All other provisions of this Section 3(a) remain unchanged.

3. In all other respects, the Agreement shall remain unchanged and in full force and effect.

[Signature page follows.]

Exhibit 10.29

IN WITNESS WHEREOF, each of FCFP and the Bank has caused this Amendment to be executed in its name and on its behalf, and Executive acknowledges understanding and acceptance of, and agrees to, the terms of this Amendment, all as of the Effective Date.

FIRST COMMUNITY FINANCIAL PARTNERS, INC.

By: /s/George Barr    

Print Name:         George Barr                

Title:         Chairman of the Board of Directors        

FIRST COMMUNITY FINANCIAL BANK

By: /s/George Barr    

Print Name:         George Barr                

Title:         Chairman of the Board of Directors        

Donn P. Domico

/s/Donn P. Domico    

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