other material
confidence high
sentiment neutral
materiality 0.25
Community Bancorp corrects hyperlink in prior 8-K; change-in-control agreement with VP Delhaie disclosed
COMMUNITY BANCORP /VT
- 8-K/A corrects hyperlink in Item 5.02 of Feb 23, 2023 8-K to reference Sep 9, 2021 8-K.
- On Feb 22, 2023, entered change-in-control agreement with VP Leslie Delhaie.
- Terms substantively same as prior agreements for CEO Austin, Treasurer Bonvechio, VP Caldwell.
- Agreement provides 2x highest total annual cash compensation upon qualifying termination.