Capital Bancorp signs new employment agreement with President/COO Poynot; base salary $455K

Capital Bancorp Inc

Three-year term Jan 1, 2026 through Dec 31, 2028, with automatic one-year renewals unless six months' non-renewal notice.
Base salary $455,000 annually, subject to annual review for increase only by Compensation Committee.
Annual incentive up to 100% of base (40% RSUs, 60% cash); annual stock award up to 30% of base (50% options, 50% RSUs).
Severance on termination without cause or good reason within one year post-change in control: 24 months base salary + one year cash incentive + 24 months health premiums plus equity acceleration.
Car allowance $500 per month; participates in deferred compensation plan and standard executive benefits.

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