CFO Martin Heimbigner to remain in transition role with new bonus incentives tied to SEC filings

Porch Group, Inc.

Heimbigner's base salary raised to $390,000 effective Oct 1, 2021; transition role after new CFO is appointed.
Eligible for $250K aggregate transition bonus: $100K for timely Q3 '22 10-Q filing, $150K for timely annual 10-K filing.
New short-term incentive program with $205K target per 360-day period; max payout $247,708.
Vested stock option exercise period extended up to two years and 90 days post-termination if milestones met.
Company expects to retain a new CFO during 2022; Heimbigner stays at-will until transition complete.

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