Company: KG
Filing Date: 2025-03-24
Form Type: S-4/A
Source: 0001104659-25-027242
Chunk: 331

Company: Kestrel Group Ltd
Filing Date: 2025-03-24
Form: S-4/A
Chunk 331
---
 Share ” means a Parent Share that is unvested and/or subject to a risk of forfeiture.

“ Parent Rights ” has the meaning set forth in Section 6.02(d) .

“ Parent SEC Documents ” has the meaning set forth in Section 6.05(a) .

“ Parent Securities ” has the meaning set forth in Section 6.02(d) .

“ Parent Share Certificate ” has the meaning set forth in Section 3.01(c) .

“ Parent Share Plan ” means the Maiden Holdings, Ltd. 2019 Omnibus Incentive Plan.

“ Parent Shareholder Approval ” has the meaning set forth in Section 6.03(h) .

“ Parent Shareholders ” has the meaning set forth in the recitals.

“ Parent Shareholders Meeting ” has the meaning set forth in Section 7.04(c) .

“ Parent Shares ” means the common shares, par value $0.01 per share, of Parent.

“ Parent Statutory Statements ” has the meaning set forth in Section 6.18(a) .

“ Parent Voting Cutback Bye-Law Resolution ” means the resolution to approve the amendment to Bye-Law 1.1 and Bye-Law 33 of the Parent Bye-Laws set forth on Exhibit H-1 hereto.

<div align='center'>A-13</div>

TABLE OF CONTENTS

“ Parent’s Counsel ” has the meaning set forth in Section 7.10(c) .

“ party ” has the meaning set forth in the preamble.

“ Paying Agent ” has the meaning set forth in Section 3.05(a) .

“ Paying Agent Agreement ” has the meaning set forth in Section 3.05(a) .

“ Permits ” has the meaning set forth in Section 5.08(a) .

“ Permitted Liens ” means (a) statutory Liens for Taxes, assessments or other charges by Governmental Authorities not yet due and payable or the amount or validity of which is being contested in good faith and by appropriate proceedings and, in either case, for which adequate reserves are being maintained in accordance with GAAP and Applicable SAP, (b) mechanics’, materialmen’s, carriers’, workmen’s, warehousemen’s, repairmen’s, landlords’ and similar Liens granted or which arise in the ordinary course of business and which are not yet due and payable or the amount or validity of which is being contested in good faith and by appropriate proceedings and, in either case, for which adequate reserves are being maintained in accordance with