Northwest Bancshares amends exec employment agreements to remove change-in-control payment reduction clause

Northwest Bancshares, Inc.

Deleted Section 4(f) from agreements of CEO, CFO, and three other SEVPs, eliminating benefit reduction upon change in control.
Amendment effective Nov 1, 2021; affects Ronald J. Seiffert, William W. Harvey Jr., John J. Golding, Mark T. Reitzes, Louis J. Torchio.
Executives will now receive full severance payments without parachute reduction in a change-in-control event.

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