Amended Schedule of Executive Officers with Change in Control Agreements – Independent Bank Group, Inc.

Summary

This document lists executive officers of Independent Bank Group, Inc. who have signed amended and restated Change in Control Agreements as of July 24, 2023. It specifies the date of each agreement and the severance multiple (ranging from two to three times the sum of base salary and target annual bonus) each executive would receive if terminated following a change in control. The schedule supplements a previously filed form agreement and identifies the specific individuals and their respective severance terms.

EX-10.1(B) 3 exhibit-101bchangeincontro.htm EX-10.1(B) Document

Exhibit 10.1(b)







AMENDED SCHEDULE OF EXECUTIVE OFFICERS WHO HAVE EXECUTED A CHANGE IN CONTROL AGREEMENT (this “Schedule”)

This Schedule of Executive Officers Who Have Executed an amended and restated Change in Control Agreement relates to the form of amended Change in Control Agreement filed by Independent Bank Group, Inc. as Exhibit 10.1(a) to its Quarterly Report on Form 10‑Q for the quarter ended June 30, 2023, as filed with the Securities and Exchange Commission on July 25, 2023 (the “Form Agreement”). This Schedule is included pursuant to Instruction 2 of Item 601(a) of Regulation S-K for the purpose of setting forth the details in which the specific agreements executed in the form of the Form Agreement differ from the Form Agreement, and, in particular to set forth the persons who, with Independent Bank Group, Inc., were parties to the Change in Control Agreements in such form as of July 24, 2023.


Executive Officer Who is a Party to such Change in Control AgreementDate of Change in Control AgreementThe number of times the sum of (a) Executive’s current base salary plus (b) Executive’s target total annual bonus for the year of termination paid upon a Change in Control
David R. BrooksJuly 24, 2023Three (3) times
Daniel W. BrooksJuly 24, 2023Two and half (2.5) times
Paul B. LangdaleJuly 24, 2023Two (2) times
Michael B. HobbsJuly 24, 2023Two and a half (2.5) times
John G. TurpenJuly 24, 2023Two (2) times
James P. TippitJuly 24, 2023Two (2) times

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