First Mid Bancshares approves employment agreements for Taylor ($340k base) and Smith ($280k base)

FIRST MID BANCSHARES, INC.

Michael L. Taylor (Sr EVP) gets base salary $340k, $800/mo auto allowance, country club membership, 4 weeks vacation.
Matthew K. Smith (EVP) gets base salary $280k plus participation in incentive, LTIP, and deferred comp plans.
Both agreements are one-year renewable terms with severance (12 months base pay without cause; 24 months after change in control).
Agreements include 50-mile non-compete and 12-month non-solicitation covenants.

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