Company: TWO-PC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001465740-25-000090
Chunk: 57

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 57
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) repeatedly failing to adhere to the directions of superiors or the written policies and practices of the company; (iii) commission of the acts satisfying the elements of a felony, crime of moral turpitude, deceit, dishonesty or fraud, or any crime involving the company; (iv) engaging in fraud, misappropriation, embezzlement or material or repeated insubordination; (v) materially breaching their employment agreement (if any) or restrictive covenant agreement with the company; or (vi) engaging in any act or omission of willful misconduct or gross negligence detrimental to the business or financial reputation of the company.

Potential Payments Upon Termination or Change of Control

The following table sets forth reasonable estimates of the potential benefits to our named executive officers in connection with certain termination events that were described in the foregoing discussion of “ Potential Payments Upon Termination or Change of Control ” beginning on page 43 , assuming each such event occurred on December 31, 2024.

The actual payments and benefits due upon the occurrence of certain events could materially differ from the estimates provided in the following table and would only be known at the time that the named executive officers become eligible for payment. Material assumptions used in calculating the estimated payments and benefits are described in the footnotes to the table.

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Potential Payments Upon Termination or Change of Control

|                                |     |       |                                                          |   |     |            |           |     |                     |           |     |                                       |            |     |                                          |            |     | Change of Control                     |            |     |                                         |            |     |                                   |   |
| Name                           |     |       | Voluntary Resignation/ Involuntary Termination for Cause 
 ($)                                                      |   |     | Retirement 
 ($)        |           |     | Death or Disability 
 ($)                 |           |     | Involuntary Termination without Cause 
 ($)                                   |            |     | Termination by Executive for Good Reason 
 ($)                                      |            |     | Involuntary Termination without Cause 
 ($)                                   |            |     | Involuntary Termination for Good Reason 
 ($)                                     |            |     | Involuntary Termination for Cause 
 ($)                               |   |
| William Greenberg(1)           |     |       |                                                          |   |     |            |           |     |                     |           |     |                                       |            |     |                                          |            |     |                                       |            |     |                                         |            |