HANCOCK HOLDING COMPANY (NASDAQ:HBHC) Files An 8-K Entry into a Material Definitive Agreement

Item1.01 Entry into a Material Definitive Agreement.

The disclosure set forth under Item5.02 of this Current Report on
Form 8-K is incorporated by reference into this Item1.01.

Item5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

(e)

On June22, 2017, the Board of Directors (the Board) of
Hancock Holding Company (the Company) approved certain
amendments to the Hancock Holding Company Pension Plan and Trust
Agreement (the Pension Plan) and the Hancock Holding
Company 401(k) Savings Plan and Trust Agreement (the 401(k)
Savings Plan) in order to provide greater predictability and
management over costs, while simultaneously providing additional
flexibility, portability and control to participants and
maintaining the current retirement program for employees of the
Company who are near retirement or have a long period of service
with the Company.

to Amendment No.2 to the Hancock Holding Company Pension Plan and
Trust Agreement by and between the Company, as sponsor, and
Whitney Bank, as trustee (the Pension Plan Amendment), any
individual hired or rehired by the Company or an affiliate of the
Company after June30, 2017 is excluded from eligibility to
participate in the Pension Plan. The Pension Plan Amendment
further provides that the accrued benefit of each participant in
the Pension Plan whose combined age plus years of service as of
January1, 2018 totals less than 55 will be frozen as of January1,
2018 and will not thereafter increase. Certain participants in
the Pension Plan, including certain named executive officers,
whose combined age plus years of service as of January1, 2018
totals 55 or more, will continue to accrue benefits under the
Pension Plan.

to Amendment No.3 to the Hancock Holding Company 401(k) Savings
Plan and Trust Agreement by and between the Company, as sponsor,
and Whitney Bank, as trustee (the 401(k) Amendment), the
Company will, for the benefit of any participant in the 401(k)
Savings Plan whose benefits are frozen under the Pension Plan,
including certain named executive officers, contribute amounts of
2%, 4% or 6% of such participants compensation, based on the
participants age and years of service with the Company. The
401(k) Amendment further provides that the Company will
contribute to the benefit of any associate of the Company hired
or rehired after June30, 2017 and any associate of the Company
never enrolled in the Pension Plan an amount equal to 2% of the
associates compensation.

The foregoing descriptions of the Pension Plan Amendment and the
401(k) Amendment do not purport to be complete and are qualified
in their entirety by reference to the Pension Plan Amendment and
the 401(k) Amendment, which are filed as Exhibits 10.1 and 10.2
to this Current Report on Form 8-K, respectively, and which are
incorporated herein by reference.

2

Item9.01 Financial Statements and Exhibits.

(d)

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HANCOCK HOLDING CO Exhibit
EX-10.1 2 d380506dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 HANCOCK HOLDING COMPANY PENSION PLAN AND TRUST AGREEMENT (Amendment No. 2) THIS AMENDMENT is made by and between HANCOCK HOLDING COMPANY,…
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About HANCOCK HOLDING COMPANY (NASDAQ:HBHC)

Hancock Holding Company (Hancock) is a financial services company that provides a network of service financial choices to the Gulf South region through its bank subsidiary, Whitney Bank, a Mississippi state bank. The Company operates through overall banking operations segment. Whitney Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas. The Bank operates across the Gulf South region comprising southern Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and panhandle regions of Florida; Houston, Texas, and Nashville, Tennessee. The Bank offers a range of traditional and online community banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, investment brokerage services, secured and unsecured loan products, and letters of credit and similar financial guarantees.