Company: FRME
Filing Date: 2025-02-06
Form Type: 8-K
Source: 0000712534-25-000045
Chunk: 1

Company: FIRST MERCHANTS CORP
Filing Date: 2025-02-06
Form: 8-K
Item: Item 5.02
Chunk 1
---
 falling between the threshold and maximum levels, but is not given for performance that is not at least at the threshold level, or for that portion of performance that exceeds the maximum level. Participants must be employed when the payments are made, except in the case of death, disability or retirement, to be eligible for a payment under the program. The Corporation has a Clawback Policy that provides for recovery of any payment made to a participant who is an executive officer if the payment is based on a materially inaccurate financial statement or if otherwise appropriate under applicable law.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the SMCIP, which is incorporated herein by reference as Exhibit 10.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.