Community West Bancshares corrects CEO James Kim's change-in-control severance to 24 months

Community West Bancshares

Amendment corrects severance multiplier in CEO James Kim's employment agreement from 18 to 24 months of average monthly cash compensation.
Agreement dated January 30, 2025; term through second anniversary with automatic one-year renewals.
No other changes were made to the original Form 8-K filed January 31, 2025.
Kim's base salary is $625,000; eligible for annual incentive bonus at 60% of base salary target.

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