Company: GMRE
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001104659-25-029872
Chunk: 75

Company: Global Medical REIT Inc.
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 75
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 months with respect to Messrs. Kiernan,            
 Leon and Barber and Ms. Holley. Amounts are based on the monthly health insurance premium 
 paid by the Company for the month of December 2024.                                       |

| (4) | For Mr. Busch, represents a payment equal to the sum of (i) two                        
 times the sum of (a) annual base salary for 2024 and (b) target bonus for 2024         
 and (ii) pro-rata bonus for 2024 (less amounts earned pursuant to the equity component 
 of the Company 2024 Annual Incentive Plan). For Messrs. Kiernan and Leon, represents   
 a payment equal to the sum of (i) one times the sum of (a) annual base salary for      
 2024 and (b) target bonus for 2024 and (ii) pro-rata bonus for 2024.                   |

58

| (5) | Represents a payment equal to one times the executive’s annual                        
 base salary. Pursuant to the Severance Plan, Ms. Holley and Mr. Barber would only     
 receive this cash severance upon a no “cause” termination event. Neither Ms. Holley   
 nor Mr. Barber is entitled to receive a cash severance upon a termination by them for 
 “good reason.”                                                                        |

| (6) | For Mr. Busch, represents a payment equal to the sum of (i) three                       
 times the sum of (a) annual base salary for 2024 and (b) target bonus for 2024          
 and (ii) target bonus for 2024. For Messrs. Kiernan and Leon, represents a payment      
 equal to the sum of two times the sum of (a) annual base salary for 2024 and (b) target 
 bonus for 2024 and (ii) target bonus for 2024. For Mr. Barber and Ms. Holley,           
 represents a payment equal to two times the sum of (i) annual base salary for 2024 and  
 (ii) target bonus for 2024.                                                             |

| (7) | Consists of (i) all unvested, time-based equity awards outstanding                                 
 as of December 31, 2024, (ii) for Mrs. Holley and Mr. Barber, all outstanding                      
 2024 annual equity incentive awards, assuming a performance level equal to 81.38% of the           
 target