Schedule of Executive Officers who have executed an Employment Agreement
Contract Categories:
Human Resources
- Employment Agreements
EX-10.9B 8 exhibit109b201910-k.htm EXHIBIT 10.9B Exhibit
Exhibit 10.9(b)
SCHEDULE OF EXECUTIVE OFFICERS WHO HAVE EXECUTED AN EMPLOYMENT AGREEMENT IN THE FORM FILED AS EXHIBIT 10.9(a) TO THE ANNUAL REPORT ON FORM 10‑K OF THE COMPANY FOR THE YEAR ENDED DECEMBER 31, 2019 (this “Schedule”)
This Schedule of Executive Officers Who Have Executed an Employment Agreement relates to the form of Employment Agreement filed by Independent Bank Group, Inc. as Exhibit 10.9(a) to its Annual Report on Form 10‑K for the year ended December 31, 2019, as filed with the Securities and Exchange Commission on March 2, 2020 (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 Employment Agreements in such form as of March 2, 2020.
Executive Officer Who is a Party to such Employment Agreement | Date of Employment Agreement | Annual Base Salary | Target Annual Bonus Opportunity/ Percentage of Annual Base Salary | Target Annual LTI Opportunity/ Percentage of Annual Base Salary | Sign-On Equity Award | ||||
James P. Tippit | December 9, 2019 | $375,000 | 60 | % | 75 | % | 10,000 Shares | ||
Mark S. Haynie | December 9, 2019 | $400,000 | 75 | % | 90 | % | 15,000 Shares | ||
Michael Hobbs | December 9, 2019 | $500,000 | 100 | % | 125 | % | 20,000 Shares |