Management Change/Compensation – Form 8-K
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)
Indemnification Agreement
On
The description of the Indemnification Agreement set forth in this Item 5.02 is not complete and is qualified in its entirety by reference to the full text of the Indemnification Agreement between the Company and
Executive Change in Control Severance Agreement
On
The description of the CIC Agreement set forth in this Item 5.02 is not complete and is qualified in its entirety by reference to the full text of the CIC Agreement for
Deferred Compensation Agreement
On
the occurrence of a change in control of the Company. The benefit is subject to forfeiture if (i)
The description of the DC Agreement set forth in this Item 5.02 is not complete and is qualified in its entirety by reference to the full text of the DC Agreement for
2023 Cash Incentive Awards
As discussed in its proxy statement for the 2023 annual meeting of shareholders, as part of its executive compensation program,
Neither the threshold payout opportunity for the adjusted pre-provisionnet revenue performance metric nor the threshold payout opportunity for the adjusted efficiency ratio performance metric applicable to the 2023 cash incentive awards for the Named Executive Officers was achieved. On
Attachments
Disclaimer
AM Best Revises Outlook to Negative, Affirms Credit Ratings of Aseguradora Ancón, S.A.
Goldman Sachs 2023 US Financial Services Conference Transcript
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