Northpointe Bancshares Inc. has announced new employment agreements with key executive officers, effective June 26, 2025. The agreements, covering a three-year initial term with automatic renewals, involve Amy M. Butler, David J. Christel, Kevin J. Comps, and Brad T. Howes. Amy M. Butler, Executive Vice President of National Sales, will have a base salary of $200,000 and is eligible for quarterly incentive compensation based on the Bank's residential lending channel's net income. David J. Christel, President of the Mortgage Purchase Program $(MPP.AU)$, will receive a base salary of $175,000, with incentives tied to MPP's net income. Kevin J. Comps and Brad T. Howes will earn base salaries of $400,000 and $300,000 respectively, with annual bonus targets of 100% and 50% of their salaries. Termination without cause or for good reason entitles executives to severance payments, with multipliers adjusting following a change in control.
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