Isabella Bank grants CFO Ritzert $300K SERP participation over 8 years

ISABELLA BANK CORP

Agreement with CFO Gerald Ritzert provides 8 annual credits totaling $300,000, effective Aug 11, 2026.
Credits escalate from $10,000 (2026) to $100,000 (2033); vesting per plan default with clawback policy.
Early retirement age 55, normal 65; benefits paid in 5 annual installments on separation.
Includes restrictive covenants: non-solicitation, confidentiality, and forfeiture on breach.

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