Postal Realty amends CEO/CFO employment deals; new base salaries, severance terms effective Jan 2023

Postal Realty Trust, Inc.

CEO Andrew Spodek base salary set at $380k; bonus target 150% of base; LTIP target 160% of base.
President Jeremy Garber base $315k, bonus target 117.5%, LTIP target 135%; CFO Robert Klein base $275k, bonus target 112.5%, LTIP target 125%.
Initial term 3 years from Jan 1, 2023; automatic two one-year renewals unless 90-day notice.
Severance: Spodek receives 3x (base + avg bonus) on without-cause termination; Garber and Klein receive 1x.
Change-in-control provisions include accelerated vesting of equity and additional payments within 365 days post-CIC.

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