EX-10.1
FLAGSTAR BANK, NATIONAL ASSOCIATION
flagstarbank2020omnibusi
Page 1 FLAGSTAR BANK, N.A. 2020 OMNIBUS INCENTIVE PLAN (As Amended – June 9, 2026) 1. Purposes; Effective Date; Prior Plan. (a) Purpose. The Flagstar Bank, N.A. 2020 Omnibus Incentive Plan has two principal purposes: (i) to assist with the objective of attracting and retaining outstanding individuals to serve as of icers, directors, employees and consultants and (ii) to increase shareholder value. The Plan will provide participants with incentives to increase shareholder value by offering the opportunity to acquire shares of the Company’s common stock, receive monetary payments based on the value of such common stock, or receive other incentive compensation, on the terms that this Plan provides. (b) Effective Date. This Plan will become effective, and Awards may be only be granted under this Plan, on and after the Effective Date. This Plan will terminate as provided in Section 15. (c) Effect on Prior Plan. On the Effective Date, the Prior Plan will terminate such that no new awards may be granted under the Prior Plan, although awards previously granted under
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