COMMUNITY HEALTHCARE TRUST INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) – marketscreener.com
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.(e) On October 28, 2021, the Board of Directors (the "Board") of CommunityHealthcare Trust Incorporated (the "Company"), at the recommendation of thecompensation committee of the Board (the "Committee"), authorized and approvedthe Sixth Amendment (the "Wallace Sixth Amendment") to the Employment Agreementby and between the Company and Timothy G. Wallace (the "Wallace EmploymentAgreement"), the Third Amendment (the "Dupuy Third Amendment") to the EmploymentAgreement by and between the Company and David H. Dupuy (the "Dupuy EmploymentAgreement"), the Third Amendment (the "Stach Third Amendment") to the Amendedand Restated Employment Agreement by and between the Company and Leigh Ann Stach(the "Stach Employment Agreement"), and the First Amendment (the "Meyer FirstAmendment") to the Employment Agreement by and between the Company and TimothyL. Meyer (the "Meyer Employment Agreement"). These amendments to each respectiveemployment agreements were executed on January 4, 2022 and were effective as ofJanuary 1, 2022.Wallace Employment AgreementThe principal change in the Wallace Employment Agreement resulting from theWallace Sixth Amendment is to increase the base salary paid by the Company toTimothy G. Wallace for his employment as President and Chief Executive Officer("Wallace Base Salary"). In 2021, the Wallace Base Salary was $750,000.00. TheWallace Sixth Amendment increases the Wallace Base Salary to $794,200.00 for2022, which is a $44,200.00 increase from 2021.The foregoing descriptions of the Wallace Sixth Amendment to the WallaceEmployment Agreement are qualified in their entirety by reference to theoriginal Wallace Employment Agreement, which is included as Exhibit 10.6 to theRegistration Statement on Form S-11 of the Company filed with the Securities andExchange Commission (the "SEC") on April 2, 2015, the first amendment to theWallace Employment Agreement, which is included as Exhibit 10.1 to the CurrentReport on Form 8-K filed with the SEC on January 18, 2017, the second amendmentto the Wallace Employment Agreement, which is included as Exhibit 10.1 to theCurrent Report on Form 8-K filed with the SEC on January 2, 2018, the thirdamendment to the Wallace Employment Agreement, which is included as Exhibit 10.1to the Current Report on Form 8-K filed with the SEC on January 3, 2019, thefourth amendment to the Wallace Employment Agreement, which is included asExhibit 10.1 to the Current Report on Form 8-K filed with the SEC on January 3,2020, the fifth amendment to the Wallace Employment Agreement, which is includedas Exhibit 10.1 to the Current Report on Form 8-K filed with the SEC on January4, 2021, and the Wallace Sixth Amendment, which is included as Exhibit 10.1 tothis Current Report on Form 8-K, and are incorporated by reference into thisItem. The foregoing description of the Wallace Sixth Amendment does not purportto be complete and is qualified in its entirety by reference to such exhibits.Dupuy Employment AgreementThe principal change in the Dupuy Employment Agreement resulting from the DupuyThird Amendment is to increase the base salary paid by the Company to David H.Dupuy for his employment as Executive Vice President and Chief Financial Officer("Dupuy Base Salary"). In 2021, the Dupuy Base Salary was $460,000.00. The DupuyThird Amendment increases the Dupuy Base Salary to $487,200.00 for 2022, whichis a $27,200.00 increase from 2021.The foregoing descriptions of the Dupuy Third Amendment to the Dupuy EmploymentAgreement are qualified in their entirety by reference to the Dupuy EmploymentAgreement, which is included as Exhibit 10.1 to the Current Report on Form 8-Kfiled with the SEC on March 11, 2019, the first amendment to the DupuyEmployment Agreement, which is included as Exhibit 10.2 to the Current Report onForm 8-K filed with the SEC on January 3, 2020, the second amendment to theDupuy Employment Agreement, which is included as Exhibit 10.2 to the CurrentReport on Form 8-K filed with the SEC on January 4, 2021, and the Dupuy ThirdAmendment, which is included as Exhibit 10.2 to this Current Report on Form 8-K,and are incorporated by reference into this Item. The foregoing description ofthe Dupuy Third Amendment does not purport to be complete and is qualified inits entirety by reference to such exhibits.Stach Employment AgreementThe principal change in the Stach Employment Agreement resulting from the StachThird Amendment is to increase the base salary paid by the Company to Leigh AnnStach for her employment as Executive Vice President and Chief AccountingOfficer ("Stach Base Salary"). In 2021, the Stach Base Salary was $387,600.00.The Stach Third Amendment increases the Stach Base Salary to $410,500.00 for2022, which is a $22,900.00 increase from 2021. 2
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Item 9.01 Financial Statements and Exhibits.
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COMMUNITY HEALTHCARE TRUST INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) - marketscreener.com
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