Company: SLDE
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0000950123-25-003025
Chunk: 173

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 173
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 at each such vesting event. |

| (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 options granted pursuant to the agreement that are unvested at the applicable time will be deemed terminated if Mr. Lucas terminates his employment agreement prior to the end of the applicable vesting schedule and upon a termination by the Company for “Cause.” In addition, in order to enforce the non-competition covenant set forth in Mr. Lucas’ employment agreement, the Company will be required to pay an additional amount equal to Mr. Lucas’ prior year compensation and benefits. Shannon Lucas. Under the terms of her employment agreement, if Mrs. Lucas’ employment is terminated by the Company without “Cause,” the Company will pay Mrs. Lucas two years of annual base salary and subsidized participation in the Company’s health and welfare plan under her employment agreement and all of Mrs. Lucas’ unvested options that are then outstanding will become fully vested. For purposes of Mrs. 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 options granted pursuant to the agreement that are