Isabella Bank Corp enters SERP and restricted stock agreements with CFO Schaefer

ISABELLA BANK CORP

21-year SERP with CFO Schaefer provides annual credits totaling $245,000, effective August 6, 2024.
Restricted stock grant eligible for 25% of annual salary upon meeting 2024 performance goals.
Participation agreement replaces default payment form with five annual installments upon separation.
Agreements include clawback policy and restrictive covenants (non-compete, confidentiality).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.