Change-in-control agreement for CFO Bradley M. Kool
Central Plains Bancshares unit Home Federal Savings and Loan Association entered a change in control agreement with CFO Bradley M. Kool on July 8, 2026.
Initial term of three years, subject to annual board review for a one-year extension; a change in control triggers an automatic two-year renewal.
Involuntary termination without cause or resignation for good reason triggers a lump-sum severance of 3x salary plus highest annual cash bonus.
Agreement also provides reimbursement of COBRA premiums for up to 18 months if Kool elects COBRA coverage.
CPBI•
