other material
confidence high
sentiment neutral
materiality 0.35
BayCom extends CEO, COO, CFO employment agreements to March 2027; updates base salaries and benefits
BayCom Corp
- CEO Guarini base salary set at $724,131; COO King and CFO Colwell each at $417,768.
- Term extended to March 5, 2027, with automatic annual extension unless noticed.
- Annual restricted stock grant of 25% of base salary added for King and Colwell.
- Health insurance continuation after termination extended to 24 months with alternative payment option.
- Notice period for termination without cause increased to 90 days; NLRA rights clarification added.