Hope Bancorp signs amended CEO employment agreement with Kevin S. Kim; base salary $1,050,000

HOPE BANCORP INC

Base salary of $1,050,000/year; initial term through March 31, 2027, with possible one-year renewals not beyond March 31, 2029.
Annual target bonus of 100% of base salary; annual equity awards with grant date fair value of 150% of base salary (50% time-vesting, 50% performance-based).
Severance: 150% of base salary for termination without cause or for good reason; 250% if within one year after a change in control.
Benefits include company car, club memberships (California Club, Wilshire Country Club), and executive health program.

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