other material
confidence high
sentiment neutral
materiality 0.50
CFO David Weber enters new employment agreement with $275K base salary
First Western Financial Inc
- Base salary of $275,000, reviewed annually; term expires Dec 31, 2024 with auto-renewal.
- Severance: 90% of base salary plus accelerated equity vesting upon qualifying termination after Change in Control.
- Non-competition and non-solicitation restrictions for 365 days post-termination.
- Eligible for annual bonus under Senior Executive Officer Incentive Plan and long-term incentives.