EMPLOYMENT AGREEMENTEmployment Agreement • February 7th, 2024 • BM Technologies, Inc. • State commercial banks • Pennsylvania
THIS AGREEMENT, made as of February 5, 2024 (“Effective Date”), is by and between BM TECHNOLOGIES, INC., a Delaware corporation, with its main office located at 201 King of Prussia Road, Suite 650, Radnor, PA 19087 (“Company”) and Ajay Asija (“Executive”).
February 6, 2024Rsu Cancellation Agreement • February 7th, 2024 • BM Technologies, Inc. • State commercial banks • Delaware
In consideration of your continuing role with BM Technologies, Inc. (the “Company”) and in exchange for the receipt of additional performance- based restricted stock units, the undersigned (“Grantee”) and the Company are entering into this letter agreement (this “Agreement”) pursuant to which the Grantee and the Company hereby mutually agree to the cancellation of the unvested performance-based Restricted Stock Unit Awards granted effective as of September 30, 2021 (the “PBRSUs”) under the Company’s 2020 Equity Incentive Plan, as thereby amended (as amended, the “Plan”), as set forth in that certain Restricted Stock Unit Grant Notice and corresponding Restricted Stock Unit Agreement (together, the “Award Agreement”).
