Company: SLDE
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0000950123-25-003025
Chunk: 178

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 178
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% of our total assets; (3) the issuance of
equity of Slide Insurance Holdings, Inc. or any of its subsidiaries (other than under equity incentive plans that have received the prior approval of our board of directors) in an amount exceeding $50 million; (4) amendments to our
certificate of incorporation or bylaws; (5) changes to the strategic direction or scope of our business; and (6) any change in the size of the board of directors. The Stockholders Agreement will also provide that, until the Substantial
Ownership Requirement is no longer met (which is 10%), the approval of the Pre-IPO Significant Stockholders, will be required for the hiring and termination of our Chief Executive Officer, Chief Financial
Officer, Chief Operating Officer, General Counsel or Controller (including terms of compensation). Furthermore, the Stockholders Agreement will provide that, until the Substantial Ownership Requirement is no longer met, the Pre-IPO Significant Stockholders may designate the majority of the nominees for election to our board of directors, including the nominee for election to serve as the Chairman of the board of directors.

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Employment Arrangements

Bruce Lucas, our Chief Executive Officer and the Chairman of our board of directors, is married to Shannon Lucas, our Chief Operating Officer
and a director. Both Mr. Lucas and Mrs. Lucas have been employed by us from our inception, and each continues as an employee today. For more information regarding their respective compensation arrangements, see “Executive Compensation.”

Loan from Executive Officer

On July 9, 2021, Bruce Lucas, our Chief Executive Officer and Chairman of our board of directors, loaned $500,000 to the Company for
working capital purposes. Such loan was non-interest bearing. Slide fully repaid the loan in cash on December 28, 2021.

Airplane Lease Agreement

On February 21, 2024, Slide entered into an agreement (the “Airplane Lease Agreement”) with GF Aircraft, LLC, the owner of a
private aircraft (“GF Aircraft”). Robert Gries, a member of our board of directors, has an indirect controlling ownership interest in GF Aircraft. Pursuant to the Airplane Lease Agreement, GF Aircraft, as lessor, agreed to dry lease such
private aircraft to Slide, as lessee, for up to 50 hours of flight time through February 21, 2025. In connection with the execution of the Airplane Lease Agreement, Slide made a one-time cash payment in
the amount of