$25,000 Uses in Matching Contribution Clause

Matching Contribution from Deferred Compensation Plan

THIS PARTICIPATION AGREEMENT (the "Participation Agreement") is entered into as of this 19th day of December, 2013 by and between QCR Holdings, Inc. and Quad City Bank and Trust Company (the "Employer") and Douglas M. Hultquist, an executive of the Employer (the "Participant").

Matching Contribution. For purposes of Section 4.1.2 of the Plan, the Employer will credit the Participant's Deferral Account with a Matching Contribution equal to one hundred percent (100%) of the Participant's Deferrals, but not to exceed $25,000 (twenty five thousand dollars).