First Financial enters new employment agreements with CFO, CCO, CLO effective July 1, 2026

FIRST FINANCIAL CORP /IN/

Rodger A. McHargue (CFO) base salary $387,131; Stephen P. Panagouleas (CCO) $317,228; Mark A. Franklin (CLO) $319,307.
Initial term of 24 months, renewable annually at Compensation Committee's discretion.
Severance includes 2x base salary plus bonuses upon change-in-control termination; non-compete within 50-75 miles of Terre Haute or Bloomington.
Agreements include confidentiality, non-solicitation, and non-disclosure covenants; effective July 1, 2026.

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