Item 5.02 Departure of Directors or Certain Officers; Election of Directors;Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.(e) On November 2, 2020, the Board of Directors (the "Board") of CommunityHealthcare Trust Incorporated (the "Company"), at the recommendation of thecompensation committee of the Board (the "Committee"), authorized and approvedthe Fifth Amendment (the "Wallace Fifth Amendment") to the Employment Agreementby and between the Company and Timothy G. Wallace (the "Wallace EmploymentAgreement"), the Second Amendment (the "Dupuy Second Amendment") to theEmployment Agreement by and between the Company and David H. Dupuy (the "DupuyEmployment Agreement"), and the Second Amendment (the "Stach Second Amendment")to the Amended and Restated Employment Agreement by and between the Company andLeigh Ann Stach (the "Stach Employment Agreement"). These amendments to eachrespective employment agreements were executed on January 4, 2021 and wereeffective as of January 1, 2021.Wallace Employment AgreementThe principal change in the Wallace Employment Agreement resulting from theWallace Fifth Amendment is to increase the base salary paid by the Company toTimothy G. Wallace for his employment as President and Chief Executive Officer("Wallace Base Salary"). In 2020, the Wallace Base Salary was $645,000.00. TheWallace Fifth Amendment increases the Wallace Base Salary to $750,000.00 for2021, which is an $105,000.00 increase from 2020.The foregoing descriptions of the Wallace Fifth Amendment to the WallaceEmployment Agreement are qualified in their entirety by reference to theoriginal Wallace Employment Agreement, which is included as Exhibit 10.6 to theRegistration Statement on Form S-11 of the Company filed with the Securities andExchange Commission (the "SEC") on April 2, 2015, the first amendment to theWallace Employment Agreement, which is included as Exhibit 10.1 to the CurrentReport on Form 8-K filed with the SEC on January 18, 2017, the second amendmentto the Wallace Employment Agreement, which is included as Exhibit 10.1 to theCurrent Report on Form 8-K filed with the SEC on January 2, 2018, the thirdamendment to the Wallace Employment Agreement, which is included as Exhibit 10.1to the Current Report on Form 8-K filed with the SEC on January 3, 2019, thefourth amendment to the Wallace Employment Agreement, which is included asExhibit 10.1 to the Current Report on Form 8-K filed with the SEC on January 3,2020, and the Wallace Fifth Amendment, which is included as Exhibit 10.1 to thisCurrent Report on Form 8-K, and are incorporated by reference into this Item.The foregoing description of the Wallace Fifth Amendment does not purport to becomplete and is qualified in its entirety by reference to such exhibits.Dupuy Employment AgreementThe principal change in the Dupuy Employment Agreement resulting from the DupuySecond Amendment is to increase the base salary paid by the Company to David H.Dupuy for his employment as Executive Vice President and Chief Financial Officer("Dupuy Base Salary"). In 2020, the Dupuy Base Salary was $392,000.00. The DupuySecond Amendment increases the Dupuy Base Salary to $460,000.00 for 2021, whichis a $68,000.00 increase from 2020.The foregoing descriptions of the Dupuy Second Amendment to the Dupuy EmploymentAgreement are qualified in their entirety by reference to the Dupuy EmploymentAgreement, which is included as Exhibit 10.1 to the Current Report on Form 8-Kfiled with the SEC on March 11, 2019, the first amendment to the DupuyEmployment Agreement, which is included as Exhibit 10.2 to the Current Report onForm 8-K filed with the SEC on January 3, 2020, and the Dupuy Second Amendment,which is included as Exhibit 10.2 to this Current Report on Form 8-K, and areincorporated by reference into this Item. The foregoing description of the DupuySecond Amendment does not purport to be complete and is qualified in itsentirety by reference to such exhibits.Stach Employment AgreementThe principal change in the Stach Employment Agreement resulting from the StachSecond Amendment is to increase the base salary paid by the Company to Leigh AnnStach for her employment as Executive Vice President and Chief AccountingOfficer ("Stach Base Salary"). In 2020, the Stach Base Salary was $326,800.00.The Stach Second Amendment increases the Stach Base Salary to $387,600.00 for2021, which is a $60,800.00 increase from 2020.The foregoing descriptions of the Stach Second Amendment to the Stach EmploymentAgreement are qualified in their entirety by reference to the amended andrestated Stach Employment Agreement, which is included as Exhibit 10.1 to theCurrent Report on Form 8-K filed with the SEC on May 2, 2019, the firstamendment to the Stach Employment Agreement, which is included as Exhibit 10.4to the Current Report on Form 8-K filed with the SEC on January 3, 2020, and theStach Second Amendment, which is included as Exhibit 10.3 to this Current Reporton Form 8-K, and are incorporated by reference 2--------------------------------------------------------------------------------

into this Item. The foregoing description of the Stach Second Amendment does notpurport to be complete and is qualified in its entirety by reference to suchexhibits.

Item 9.01 Financial Statements and Exhibits

--------------------------------------------------------------------------------

Edgar Online, source Glimpses

Go here to see the original:

COMMUNITY HEALTHCARE TRUST INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) - marketscreener.com