Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 179

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 179
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 of 2025, subject to the named executive officer’s continued employment or service through each vesting date. |

| (7) | The shares underlying this option become vested and exercisable as to 25,000 shares subject to the option on                     
 January 31 of 2025 and 2026, subject to the named executive officer’s continued employment or service through each vesting date. |

| (8) | The remaining unvested and unexercisable shares underlying this option become vested and exercisable in equal                                                                                          
 monthly installments of 1,250 shares over a period of 9 months through September 13, 2025, subject to the named executive officer’s continued employment or service through each monthly vesting date. |

| (9) | 50,000 shares underlying this option become vested and exercisable upon each of the following: (i) the                                                                                                   
 occurrence of the launch of the Company in a new state, and (ii) positive EBITDA for calendar 2025, subject to the named executive officer’s continued employment or service at each such vesting event. |

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| (10) | The shares underlying this award of restricted stock units become vested as to 1/24th of shares subject to the restricted stock units monthly, commencing on January 1, 2025 and ending on December 31, 2026, subject to the named executive officer’s continued employment 
 or service through each applicable vesting date.                                                                                                                                                                                                                            |

| (11) | The shares underlying this award of restricted stock units become vested as to 50% of shares subject to the                                                                               
 restricted stock units on each of December 31, 2025 and December 31, 2026, subject to the named executive officer’s continued employment or service through each applicable vesting date. |

Potential Payments upon Termination or Change in Control Bruce Lucas. Under the terms of his employment agreement, if the Company terminates Mr. Lucas’ employment, if Mr. Lucas’ without “Cause,” the Company will pay Mr. Lucas two years of annual base salary and subsidized participation in the Company’s health and welfare plan under his employment agreement and all of Mr. Lucas’ unvested options that are then outstanding will become fully vested. For purposes of Mr. Lucas’ employment agreement, “Cause” is defined as any willful and gross misconduct, moral turpitude, failure to perform duties in good faith, or material breach of fiduciary duty toward the Company. Any