National Health Investors enters new CIC severance agreements with CEO, CFO & 3 other NEOs

NATIONAL HEALTH INVESTORS INC

D. Eric Mendelsohn (CEO): 3.0x multiplier of avg salary+bonus; non-compete for 12 months post-termination if severance paid.
Kevin Pascoe and John Spaid (CFO): 2.0x multiplier; both subject to non-compete; all five NEOs get 18-month COBRA subsidy.
Kristin Gaines and David Travis: 1.5x multiplier; no non-compete but non-solicitation applies for 12 months if severance paid.
All time-vesting equity awards fully vest on a qualifying termination within two years post-change-in-control or 30 days prior.
Replaces prior agreements dated Feb 26, 2024; terms include 280G excise tax cutback provision.

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