Company: MFAN
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001140361-25-014577
Chunk: 78

Company: MFA FINANCIAL, INC.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 78
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 plan in which the Named Executive Officers were eligible to participate, apart from the Senior Officers Plan, is the 401(k) Plan. Employment Contracts We have employment agreements with the following Named Executive Officers: Craig L. Knutson and Bryan Wulfsohn. As described below, these employment agreements provide Messrs. Knutson and Wulfsohn with, among other things, base salary, bonus and certain payments at, following and/or in connection with certain terminations of employment. Craig L. Knutson and Bryan Wulfsohn . On February 22, 2021, we entered into an amended and restated employment agreement with Mr. Knutson, effective as of January 1, 2021, which agreement was amended as of May 3, 2022, and further amended as of February 21, 2024 (as amended, the “Knutson Employment Agreement”). Also on February 22, 2021, we entered into an amended and restated employment agreement with Mr. Wulfsohn, which became effective as of January 1, 2021, and which was amended as of May 3, 2022 (as amended, the “Wulfsohn Employment Agreement” and together with the Knutson Employment Agreement, the “Employment Agreements”). Set forth below is a summary of the material terms and conditions of the Knutson Employment Agreement and the Wulfsohn Employment Agreement. We filed a copy of the Knutson Employment Agreement and the Wulfsohn Employment Agreement with the SEC on February 23, 2021, and filed copies of the amendments to each executive’s Employment Agreement with the SEC on May 4, 2022, and, in the case of the Knutson Employment Agreement, on February 22, 2024, as well. T erm The Knutson Employment Agreement and the Wulfsohn Employment Agreement each had an initial fixed term running through December 31, 2021, provided that the agreement automatically renews for an additional one-year period at the end of the initial term and each year thereafter, unless either MFA or the executive gives the other party written notice of its or his intent not to renew the term of the applicable employment agreement at least 90 days prior to the end of the then-current term. Neither the Company, on the one hand, nor any of Mr. Knutson or Mr. Wulfsohn, on the other hand, delivered a notice