Company: NEWTP
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001587987-25-000073
Chunk: 57

Company: NewtekOne, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 57
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 to be accelerated. In addition, in the event of non-renewal of his 2024 Employment Agreement, Mr. Young would be entitled to an

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amount equal to 100% of his annual base compensation plus 50% of all outstanding and unvested equity awards were to be accelerated.

Under each of the 2024 Employment Agreements, the Company could terminate Messrs. Sloane’s, DeMaria’s, Schwartz’, Young’s, Price’s or Downs’ employment for “just cause” as defined in the respective 2024 Employment Agreement, and upon the termination, no severance benefits are available. If Messrs. Sloane, DeMaria, Schwartz, Young, Price or Downs voluntarily terminated his 2024 Employment Agreement for “good reason” as defined in their 2024 Employment Agreements, the executive would have been entitled to the same payment as in the case of termination other than for cause. If the executive’s employment terminated during the term of the agreement due to death or disability, the executive would receive his compensation and executive benefits up to the date of executive’s last day of employment, and all outstanding and unvested equity awards were to be accelerated in full. The executive is able to terminate voluntarily his agreement by providing prior written notice to the Board of Directors, in which case the executive is entitled to receive only his compensation, vested rights and benefits up to the date of termination.

#### Post Termination Payments
The table below reflects the amount of compensation that would have been payable to the 2024 NEOs under the 2024 Employment Agreements if the hypothetical termination of employment events described above had occurred on December 31, 2024, given their compensation and service levels as of such date. All payments are payable by the Company in a lump sum unless otherwise noted.

These benefits are in addition to benefits available regardless of the occurrence of such an event, such as currently exercisable stock options, and benefits generally available to salaried employees, such as distributions under the Company’s 401(k) plan, disability benefits, and accrued vacation pay. In addition, in connection with any termination of Mr. Sloane’s employment, the Company may determine to enter into an agreement or to establish an arrangement providing additional benefits or amounts, or altering the terms of benefits described below, as the Nominating Committee deems appropriate. Therefore, the actual amounts that would be paid upon Mr. Sloane’s termination of employment can be determined only at the time