Company: OXBRW
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001641172-25-022627
Chunk: 19

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 19
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 its affiliates or while a director, or if a participant’s service terminates as a result of Disability or Retirement, then:

| ● | all                                                                                                                                     
 outstanding options or SARs shall become fully vested and exercisable by the participant or, in the case of death, by the participant’s 
 estate or the person who has acquired the right to exercise such awards by bequest or inheritance, as follows:                          |

| ○ | in                                                                                                                    
 the case of the participant’s death, until the earlier of twelve months following the date of the participant’s death 
 and the expiration date of the option or SAR;                                                                         |

| ○ | in                                                                                                                                
 the case of a termination as a result of Disability, until the earlier of twelve months following the date of the termination and 
 the expiration date of the option or SAR; or                                                                                      |

| ○ | in                                                                                                                          
 the case of a termination as a result of Retirement, until the earlier of ten years following the date of the participant’s 
 Retirement and the expiration date of the option or SAR.                                                                    |

All restrictions on all outstanding awards of restricted shares or restricted units that are not performance awards, including all related dividend equivalent units, shall be deemed to have lapsed, and such awards shall become fully vested, upon the date of death or termination, as applicable.

All outstanding awards of performance shares and performance units, including all related dividend equivalent units, shall be paid in either unrestricted ordinary shares or cash, as the case may be, following the end of the performance period and based on achievement of the performance goals established for such awards, as if the participant had not died or terminated service, as applicable, but prorated based on the portion of the performance period that the participant has completed at the time of death or termination of service.

All other outstanding awards made to the participant, to the extent not then earned, vested or paid to the participant, shall terminate on the participant’s last day of employment or service.

| 10 |

Termination for Cause

If a participant’s employment with the Company and its affiliates or service as a director is terminated for Cause, all awards and grants of every type, whether or not then vested, shall terminate no later than the participant’s last day of employment. The Committee shall have discretion to waive the application of this provision in whole or in part and to determine whether the event or conduct at issue constitutes Cause for termination.

Consultants and Other Stock-Based Awards

The Administrator shall have the discretion to determine, at the time an award is made