Eagle Bancorp amends CEO and Chairman agreements; adopts 2024 incentive plans

EAGLE BANCORP INC

CEO Susan G. Riel amended employment agreement: base salary $907,360, term through Dec 31, 2026, with automatic renewal.
Elimination of guaranteed retirement benefit for CEO; replaced with severance under new non-compete agreement.
Executive Chairman Norman R. Pozez amended agreement: annual retainer $1.32M, term through Dec 31, 2024, no automatic 5% increases.
Pozez gets change-in-control severance of 1.99x (retainer plus $1,148,653) within 12 months post-CIC.
2024 SEIP: threshold payout 85% of target (105% for efficiency ratio); max 115% (95% for efficiency). LTIP: 60% performance-based, 40% time-vested.

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