Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnMay 2, 2023 , the employment agreement betweenBankUnited, Inc. (the "Company") andRajinder P. Singh , the Company's President and Chief Executive Officer, was amended to, among other things, extend the term of the agreement for an additional three years commencing onJanuary 1, 2023 , subject to automatic renewal for additional one year periods commencingJanuary 1, 2026 , and to reflectMr. Singh's current base salary of$1,050,000 . The foregoing description of the employment agreement amendment withMr. Singh is qualified in its entirety by reference to the full text of the amendment, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit Number Description 10.1 Fourth Amendment, datedMay 2, 2023 , to Amended and Restated Employment Agreement, datedFebruary 2, 2016 , as amended on May
6, 2016,
December 19, 2019 , by and betweenBankUnited, Inc. andRajinder P. Singh 104 The cover page from this Current Report on Form 8-K
formatted in Inline XBRL
(included as Exhibit 101) 1
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