Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 170

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 170
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 $600,000, which base salary is subject to a 6% increase annually during the contract term and is currently $674,160.24. Additionally, pursuant to the terms of the employment
agreement, Mrs. Lucas is eligible to receive an annual performance bonus with a target amount of $100,000, which is discretionary and based on her performance during the applicable calendar year. For 2024, we paid Mrs. Lucas an annual
discretionary performance bonus of $10,000,000 based upon the achievement of 2024 individual and Company performance goals as determined by our board of directors in its discretion.

As contemplated by her employment agreement, on October 8, 2021, we granted to Mrs. Lucas an option to purchase 60,000 shares of our
common stock, which vested in one installment of 15,000 options on September 13, 2022 and thereafter vests monthly in the amount of 1,250 options, subject to Mrs. Lucas’ continued employment or service through each vesting date as
described further below in the discussion in the footnotes following the “Outstanding Equity Awards at Fiscal Year End” table above. Any Options granted pursuant to the employment agreement that are unvested at the applicable time
will be deemed terminated if Mrs. Lucas terminates the Agreement prior to the end of the applicable vesting schedule or if she is terminated for “Cause,” as such term is defined in her employment agreement. If Mrs. Lucas’ employment
is terminated by the Company without “Cause,” she will be entitled to full vesting of outstanding options and two years of compensation and benefits under her employment agreement. The agreement includes
non-solicit and non-compete restrictive covenants that apply for one year following termination of employment and includes
confidentiality/non-disclosure obligations.

117

Equity Compensation Plans

2025 Omnibus Incentive Plan

We
intend to adopt the Slide Insurance Holdings, Inc. 2025 Omnibus Incentive Plan (the “2025 Plan”), which will be effective on the date immediately prior to the date our registration statement relating to this offering becomes effective. The
principal purpose of the 2025 Plan will be to attract, retain, and motivate selected employees, consultants, and directors through the grant of equity-based and cash-based incentive awards to employees, consultants, service providers and non-employee directors of the Company and its affiliates. The following is a summary of the material terms currently contemplated for the 2025