UCBI adopts change-in-control agreements for five execs; new CEO employment agreement with Harton

UNITED COMMUNITY BANKS INC

H. Lynn Harton (CEO) new employment agreement: $1.05M base salary, target cash incentive >=100% of base, LTI >=200% of base.
Board adopts change-in-control agreements for Harton (3x severance multiple) and four other execs (2x severance multiple).
Agreements effective Feb 14, 2023; double-trigger payments upon qualifying termination after a change in control.
Prior change-in-control agreements terminated on November 1, 2022.
Harton's employment agreement has a three-year term with automatic renewal; superseded by CIC agreement upon a change in control.

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