EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2023 • Broadmark Realty Capital Inc. • Real estate investment trusts
This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of November 7, 2022, is entered into by and between Broadmark Realty Capital Inc., a Maryland corporation (the “Company”), and Jonathan Hermes, an individual (“Employee”).
November 7, 2022 Kevin Luebbers Dear Kevin:Broadmark Realty Capital Inc. • March 1st, 2023 • Real estate investment trusts • Maryland
We are pleased that you have agreed to serve as the Interim President of Broadmark Realty Capital Inc. (the “Company”), in addition to your continuing service on the Board of Directors (the “Board”) of the Company. This letter sets forth the key terms and conditions for service as Interim President (“Interim President”).
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • March 1st, 2023 • Broadmark Realty Capital Inc. • Real estate investment trusts
This SEPARATION AND RELEASE Agreement (this “Separation Agreement”) is made and entered into this 2nd day of November, 2022, by and between Broadmark Realty Capital Inc. (“Company”), a Maryland corporation, and Brian Ward (“Executive”).
November 7, 2022 Jeffrey B. Pyatt Dear Jeff:Broadmark Realty Capital Inc. • March 1st, 2023 • Real estate investment trusts • Maryland
We are pleased that you have agreed to serve as the Interim Chief Executive Officer of Broadmark Realty Capital Inc. (the “Company”), in addition to your continuing service as the Chairman of the Board of Directors (the “Board”) of the Company. This letter sets forth the key terms and conditions for service as Interim Chief Executive Officer of the Company (“Interim CEO”) and amends the provisions of the February 2, 2022 Letter Agreement between you and the Company (the “Letter Agreement”).
