Compensation Agreement for Jeremy B. Ford with Hilltop Holdings Inc.
This agreement outlines the compensation terms for Jeremy B. Ford with Hilltop Holdings Inc. Until March 28, 2020, Mr. Ford will receive an annual base salary of $750,000 and is eligible to participate in the company's 2012 Annual Incentive Plan, with a target bonus equal to 100% of his base salary, as well as the long-term incentive plan. After March 28, 2020, his annual base salary increases to $775,000, with continued eligibility for the same incentive and long-term plans.
Exhibit 10.5
Compensation of Jeremy B. Ford
Until March 28, 2020 |
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Annual Base Salary: | $750,000 |
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Annual Incentive Plan: | Mr. Jeremy Ford is entitled to participate in the Hilltop Holdings Inc. 2012 Annual Incentive Plan, as amended. His target is 100% of Annual Base Salary. |
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Long-Term Incentive Plan: | Mr. Ford is entitled to participate in the Hilltop Holdings Inc. 2012 Annual Incentive Plan. |
After March 28, 2020 |
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Annual Base Salary: | $775,000 |
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Annual Incentive Plan: | Mr. Jeremy Ford is entitled to participate in the Hilltop Holdings Inc. 2012 Annual Incentive Plan, as amended. His target is 100% of Annual Base Salary. |
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Long-Term Incentive Plan: | Mr. Ford is entitled to participate in the Hilltop Holdings Inc. 2012 Annual Incentive Plan. |