Common Contracts

2 similar Change in Control Agreement contracts by Horizon Bancorp Inc /In/

HORIZON BANK AMENDED AND RESTATED CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • May 13th, 2024 • Horizon Bancorp Inc /In/ • State commercial banks • Indiana

This Amended and Restated Change in Control Agreement (“Agreement”), dated and effective as of May 10, 2024 (the “Effective Date”), is entered into between Horizon Bank (“Bank”), an Indiana state bank, and Mark E. Secor (“Employee”), a resident of the State of Michigan. On the Effective Date, this Agreement shall amend and restate that certain Change in Control Agreement between the Bank and Employee dated January 1, 2020, which shall be terminated and of no further force and effect thereafter. Prior to the effective date, the terms and conditions of the Change in Control Agreement dated January 1, 2020, will continue to be in effect, and if the Employee’s employment with the Bank is terminated for any reason prior to the Effective Date, this Agreement shall automatically terminate and be of no further force and effect.

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HORIZON BANK CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • May 13th, 2024 • Horizon Bancorp Inc /In/ • State commercial banks • Indiana

This Change in Control Agreement (“Agreement”), dated May 10, 2024, but effective as of May 20, 2024 (the “Effective Date”), is entered into between Horizon Bank (“Bank”), an Indiana state bank, and John R. Stewart (“Employee”). If Employee’s employment with the Bank does not commence on the Effective Date for any reason, this Agreement shall automatically terminate and be of no further force and effect, including any provisions that are to expressly survive the termination of this Agreement.

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