Schedule of Executive Officers Party to Change in Control Agreements with Independent Bank Group, Inc.
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Summary
This document lists executive officers of Independent Bank Group, Inc. who have signed Change in Control Agreements, specifying the date of each agreement and the severance multiple (two or three times the sum of base salary and target bonus) payable upon a change in control. The schedule clarifies which officers are covered and the key financial terms of their agreements, as of March 1, 2021.
EX-10.6 (B) 9 exhibit106bscheduleofexecu.htm EX-10.6 (B) Document
Exhibit 10.6(b)
SCHEDULE OF EXECUTIVE OFFICERS WHO HAVE EXECUTED A CHANGE IN CONTROL AGREEMENT IN THE FORM FILED AS EXHIBIT 10.1(a) TO THE QUARTERLY REPORT ON FORM 10‑Q OF THE COMPANY FOR THE QUARTER ENDED SEPTEMBER 30, 2016 (this “Schedule”)
This Schedule of Executive Officers Who Have Executed a Change in Control Agreement relates to the form of 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 September 30, 2016, as filed with the Securities and Exchange Commission on October 27, 2016 (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 March 1, 2021.
Executive Officer Who is a Party to such Change in Control Agreement | Date of Change in Control Agreement | The 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. Brooks | July 26, 2016 | Three (3) times | ||||||
Daniel W. Brooks | July 26, 2016 | Two (2) times | ||||||
Michelle S. Hickox | July 26, 2016 | Two (2) times | ||||||
James C. White | January 31, 2018 | Two (2) times | ||||||
James P. Tippit | January 31, 2018 | Two (2) times | ||||||
Mark S. Haynie | January 31, 2018 | Two (2) times | ||||||
Michael B. Hobbs | December 11, 2020 | Two (2) times |