FVCBankcorp enters SERP agreements with four executives; CEO to receive $150k/yr for 10 years

FVCBankcorp, Inc.

SERP agreements on June 7, 2022 for CEO Pijor ($150k/yr), Pres. Ferrick ($125k/yr), CFO Deacon & CLO Byers ($65k/yr each).
Benefits payable monthly over 10 years post-retirement (age 77 for Pijor, 67 for others) or certain terminations.
Pijor & Ferrick fully vested; Deacon & Byers vest pro-rata over 5 years with continued employment.
Change-in-control triggers lump-sum payment; Deacon minimum $300k, Byers $350k; all funded via bank-owned life insurance.

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