exhibit 10. 1 exhibit 10. 1 exhibit 10. 1 amendment 1 to the agreement for account processing outsourcing services between premier financial bancorp, inc. huntington, west virginia and fiserv solutions, inc. norcross, georgia amendment dated as of april 27, 2010 ( " amendment " ) between fiserv solutions, inc., a wisconsin corporation with offices located at 5335 triangle parkway, norcross, georgia 30092 ( " fiserv " ), and premier financial bancorp, inc., with offices located at 2883 5th avenue, huntington, wv 25702 ( " client " ), to the agreement executed december 20, 2004 between fiserv and client ( as amended through the date hereof, the " agreement " ). in the event of any inconsistency among the documents comprising the agreement, the following order of precedence shall apply : a. this amendment 1 b. the master agreement whereas, fiserv and client entered into the agreement for fiserv's provision of account processing, item processing, and e - commerce services to client ; and whereas, fiserv and client wish to amend the agreement. now, therefore, fiserv and client hereby agree as follows : 1. defined terms. unless otherwise defined herein, capitalized terms used herein shall have the same meanings assigned them in the agreement. 2. the following section of the agreement will be amended as follows : section 1 : term. the extension of this agreement shall expiration at midnight november 30, 2011. this agreement shall not automatically renew. 3. processing adjustment for short term renewal – effective october 20th, 2010, client will be billed the non - discounted then current fees being charged to the client plus a processing adjustment of 23 %. the processing adjustment will not be added to any pass - through billing. 4. acquisition implementation services for non - premier source ( 4 branches ) - $ 30, 000 conversion services include : demand deposit accounts savings accounts certificate of deposit accounts consumer loans commercial loans mortgage loans loan escrow loan history premier financial bancorp, inc. fiserv. exhibit 10. 1 premier financial bancorp, inc. fiserv. premier financial bancorp, inc. fiserv. premier financial bancorp, inc. fiserv. premier financial bancorp, inc. fiserv. exhibit 10. 1 exhibit 10. 1 closed loans debit and atm card records caller record conversion general