EX-10.2
from 8-K
13 pages
This Letter (This “Letter Agreement”) Memorializes Our Recent Discussions and Agreement Concerning Your Expected Positions With Steel Newco Inc. (The “Company”), And, During the Initial Term (As Defined Below), Pinnacle Bank (The “Bank”), Following the Completion of the Merger (The “Merger”) Contemplated by the Agreement and Plan of Merger Between Synovus Financial Corp. (“Synovus”) and Pinnacle Financial Partners, Inc. (“Pinnacle”), Dated as of July 24, 2025 (The “Merger Agreement”). During the Initial Term (As Defined Below) References to the “Company” Herein Will Also Be Deemed to Include the Bank as Your Co-Employer During Such Period, and References to the “Board” Will Refer to the Board of Directors of Both the Company and the Bank. if the Merger Agreement Is Terminated for Any Reason Without the Completion of the Merger or if Your Employment With Pinnacle Terminates for Any Reason Before the Closing Date, This Letter Agreement Will Be Null and Void Ab Initio and of No Further Force and Effect. All Capitalized Terms That Are Not Defined in This Letter Agreement Will Have the Meanings Ascribed to Such Terms in the Merger Agreement. 1. Termination of Employment; Vice-Chairman, Executive Officer and Consultant Roles
12/34/56
EX-10.1
from 8-K
13 pages
This Letter (This “Letter Agreement”) Memorializes Our Recent Discussions and Agreement Concerning Your Expected Positions With Steel Newco Inc. (The “Company”), And, During the Initial Term (As Defined Below), Pinnacle Bank (The “Bank”), Following the Completion of the Merger (The “Merger”) Contemplated by the Agreement and Plan of Merger Between Synovus Financial Corp. (“Synovus”) and Pinnacle Financial Partners, Inc. (“Pinnacle”), Dated as of July 24, 2025 (The “Merger Agreement”). During the Initial Term (As Defined Below) References to the “Company” Herein Will Also Be Deemed to Include the Bank in Light of Your Service on the Board of Directors of the Bank During Such Period, and References to the “Board” Herein Will Refer to the Board of Directors of Both the Company and the Bank. if the Merger Agreement Is Terminated for Any Reason Without the Completion of the Merger or if Your Employment With Pinnacle Terminates for Any Reason Before the Closing Date, This Letter Agreement Will Be Null and Void Ab Initio and of No Further Force and Effect. All Capitalized Terms That Are Not Defined in This Letter Agreement Will Have the Meanings Ascribed to Such Terms in the Merger Agreement. 1. Termination of Employment; Chairman and Senior Advisor Roles
12/34/56
