SIMMONS FIRST NATIONAL CORP (SFNC)

CIC | Base salary: $900,000 for fiscal year 2024.; Target annual cash bonus: 100% of annual base salary.; Change in Control (CIC) severance: 2.99x the sum of annual base salary and target annual bonus.; CIC Trigger: Double-trigger (Change in Control of the Company followed by termination without 'Cause' or resignation for 'Good Reason' within 24 months).; Other Benefits: 12 months of continued group health, dental, and vision insurance coverage (or equivalent monthly payment) following termination.; Restrictive Covenants: 12-month non-competition and non-solicitation agreement following termination.; Excise Tax: Agreements do not provide for any excise tax gross-up payments.

CIC | Base salary: $700,000 for fiscal year 2024.; Target annual cash bonus: 100% of annual base salary.; Change in Control (CIC) severance: 2.99x the sum of annual base salary and target annual bonus.; CIC Trigger: Double-trigger (Change in Control followed by termination without Cause or resignation for Good Reason within 24 months).; Other Benefits: 12 months of continued group health, dental, and vision insurance coverage (or equivalent monthly payment) following termination.; Restrictive Covenants: 12-month non-competition and non-solicitation agreement following termination.; Tax Considerations: Subject to a 'best of net' provision in the event of excise taxes under Section 4999.

CIC | Base salary: $600,000 for fiscal year 2024.; Target annual cash bonus: 85% of annual base salary.; Change in Control (CIC) severance: 2.0x the sum of annual base salary and target annual bonus.; CIC Trigger: Double-trigger (Change in Control followed by termination without Cause or resignation for Good Reason within 24 months).; Other Benefits: 12 months of continued group health, dental, and vision insurance coverage following termination.; Restrictive Covenants: 12-month non-competition and non-solicitation agreement following termination.; Clawback: Compensation is subject to the Company’s Clawback Policy.

CIC | Base salary: $385,000 for fiscal year 2024.; Target annual cash bonus: 55% of annual base salary.; Change in Control (CIC) severance: 2.0x the sum of annual base salary and target annual bonus.; CIC Trigger: Double-trigger (Change in Control followed by termination without Cause or resignation for Good Reason within 24 months).; Other Benefits: 12 months of continued group health, dental, and vision insurance coverage following termination.; Restrictive Covenants: 12-month non-competition and non-solicitation agreement following termination.; Other Plans: Eligible for the Simmons Bank Endorsement Split-Dollar Plan.

CIC | Base salary: $385,000 for fiscal year 2024.; Target annual cash bonus: 55% of annual base salary.; Change in Control (CIC) severance: 2.0x the sum of annual base salary and target annual bonus.; CIC Trigger: Double-trigger (Change in Control followed by termination without Cause or resignation for Good Reason within 24 months).; Other Benefits: 12 months of continued group health, dental, and vision insurance coverage following termination.; Restrictive Covenants: 12-month non-competition and non-solicitation agreement following termination.; Retirement: Participation in the Company's 401(k) and Profit Sharing Plan.

Employment Agreement | Base salary and bonus compensation structure maintained in accordance with the Company's variable pay-for-performance philosophy.; Included in Summary Compensation Table (SCT) for years 2020-2022.; Compensation actually paid calculation includes adjustments for equity awards, pension benefit value changes, and pension benefit adjustments.; Director resignation policy: If not re-elected in an uncontested election, must immediately tender resignation to the Board.; Board retains final decision on whether to accept any tendered resignation.

Employment Agreement | Base salary and bonus compensation structure maintained in accordance with the Company's variable pay-for-performance philosophy.; Included in Summary Compensation Table (SCT) for years 2023-2024.; Compensation actually paid calculation includes adjustments for equity awards, pension benefit value changes, and pension benefit adjustments.; Director resignation policy: If not re-elected in an uncontested election, must immediately tender resignation to the Board.; Board retains final decision on whether to accept any tendered resignation.

Employment Agreement | Base salary (annual amount not specified in the excerpt); Bonus structure: Variable pay-for-performance philosophy; Equity grants: Included in compensation structure but details not specified; Reported as the PEO for 2020-2022; Employment-related disclosures refer to 'Compensation Discussion and Analysis' section