HR Loan Officer Addendum

HR LOAN OFFICER ADDENDUM

Parties and Effective Date

This Loan Officer Addendum ("Addendum") amends and supplements the Employee Agreement between Employer Name: and Employee Name: . This Addendum is effective as of unless otherwise specified in writing.

Personal Information

Position and Compensation Terms

Job Title:   Department:

Reporting Manager:   Start Date:

Licensing, Compliance, and Insurance

Employee represents and warrants that Employee holds all licenses and registrations required to perform loan origination duties. License/Registration Number(s):

Employee must maintain all necessary licenses, submit renewal documentation promptly, and comply with all applicable lending laws, regulations and company policies. Failure to maintain licensure is grounds for suspension or termination and may trigger repayment of commissions or draws as set forth below.

Compensation Mechanics and Clawback

Commissions are earned only upon funded and purchased loans in compliance with company policies and applicable law. Commission payments are subject to adjustment for charge-offs, buybacks, rescissions, or borrower repurchase within months of funding. Clawback calculation methodology:

Duties, Restrictions and Conflicts

Employee will perform loan origination duties in accordance with lender and company policies. Employee must disclose any personal or familial relationships with loan applicants or vendors. Employee shall not originate loans for personal benefit without prior written consent of Employer.

Training, Continuing Education and Background Checks

Employee agrees to complete mandatory compliance and product training and maintain continuing education credits as required by law and Employer policy. Employee authorizes Employer to obtain background checks, credit reports, and licensing verifications as condition of employment.

Employment History

Employer 1

Employer 2

Education

References

Reference 1

Reference 2

Reference 3

Legal Disclosures and Policies

At-Will Employment: Employment remains at-will unless a separate written agreement signed by an authorized representative of Employer expressly states otherwise. Nothing in this Addendum alters the at-will employment relationship except as expressly set forth in writing.

Equal Opportunity: Employer is an equal opportunity employer. Employment decisions are made without unlawful consideration of race, color, religion, sex, national origin, disability, age, genetic information, or any other protected characteristic.

Repayment, Recovery and Termination

In the event of termination for cause or material breach of Company policies or law, Employer may require repayment of draws, advances or commissions improperly paid. Recovery may be by deduction from future compensation or other lawful means. Employee acknowledges these potential remedies.

Confidentiality and Non-Solicitation

Employee shall maintain confidentiality of borrower, borrower contact, pricing matrices, pipeline information and proprietary Company processes. For a period of months following termination, Employee shall not solicit Company customers or employees in a manner competitive with Employer.

Applicant Certification and Authorization

I certify that all information provided in this Addendum and accompanying employment documents is true, complete, and correct to the best of my knowledge. I understand that any material misrepresentation or omission may result in disciplinary action up to and including termination. I authorize Employer to verify any information provided, contact prior employers and references, obtain background checks and credit reports, and verify licensing status with regulatory authorities.

Additional Terms

This Addendum constitutes the entire agreement between the parties with respect to employment as a Loan Officer and supersedes prior oral or written agreements on the same subject. Any amendment must be in writing and signed by both parties.

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