FOURTH amended and restated EMPLOYMENT AGREEMENTEmployment Agreement • October 16th, 2024 • Prosperity Bancshares Inc • State commercial banks • Texas
Contract Type FiledOctober 16th, 2024 Company Industry JurisdictionThis Fourth Amended and Restated Employment Agreement ("Agreement"), dated as of January 1, 1998 (the "Effective Date"), previously amended and restated on January 18, 2005, January 1, 2009 and December 29, 2023 and further amended and restated to be effective October 15, 2024, is by and among Prosperity Bancshares, Inc., a Texas corporation (the "Company"), Prosperity Bank (formerly known as First Prosperity Bank), a Texas banking association and wholly owned subsidiary of the Company (the "Bank" and together with the Company, the "Employer"), and David Zalman, an individual residing in El Campo, Wharton County, Texas (the "Employee"). This Agreement amends and restates the Third Amended and Restated Employment Agreement dated as of December 29, 2023 (the "Original Agreement").