Northpointe Bancshares enters employment agreements with CEO, CFO, and two VPs; salaries range $175K-$400K

NORTHPOINTE BANCSHARES INC

Base salaries: Butler $200K, Christel $175K, Comps $400K, Howes $300K; annually reviewed by Compensation Committee.
Incentives: Butler gets quarterly bonus max($75K, 2% of residential lending net income); Christel gets 4% of MPP monthly net income + 1% annual if >$1M; Comps/Howes target 100%/50% of salary.
Severance multiplier 1.5x for Christel/Comps, 1.0x for Butler/Howes on salary+bonus; change-in-control raises to 2.0x/1.5x; includes COBRA 18 months.
Agreements initial term 3 years, auto-renew; post-termination non-compete and non-solicit for one year; require release of claims.

item 5.02

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