Company: OXBRW
Filing Date: 2025-07-28
Form Type: PRE 14A
Source: 0001641172-25-021161
Chunk: 36

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-07-28
Form: PRE 14A
Chunk 36
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000 per annum, payable monthly and adjustable annually, and an opportunity to be granted an annual incentive bonus at the discretion of the Board and participate in the Company’s equity incentive plan on the same terms as other senior executives. As such, the Company will annually grant to the executive 25,000 restricted shares under the 2021 Omnibus Plan, which will vest ratably on the first day of each calendar quarter over the 4 calendar quarters immediately following the grant date.

Mr. Timothy is eligible to participate in all of the Company’s pension, life insurance, health insurance, disability insurance and other benefit plans on the same basis as the Company’s other employee officers participate; entitled to a lump sum M&A transaction bonus of three percent of the transaction value of certain mergers, stock sales, asset sales, or similar transactions by the Company or its subsidiaries; entitled to a lump sum payment equal to his base salary otherwise payable under the agreement for a three year severance period if terminated “without cause” or if he terminates his own employment for a “good reason event”, as those terms are defined in the agreement, in addition to any target bonus, restricted share award and M&A transaction bonus that would have been payable under the agreement during the applicable periods following the termination date; and subject to certain non-competition covenants and confidentiality provisions that the executive will abide by.

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<div align='center'>EXECUTIVE COMPENSATION TABLES</div>

Summary Compensation Table

The following table summarizes the compensation of our Named Executive Officers, or “NEOs”, in 2024 and 2023.

| Name and Principal Position                     |     | Year |      |     | Salary |         |     | Bonus |   |     | Stock     
 Awards(1) |        |     | Option Awards |   |     | Non-Equity Incentive Plan Compensation |   |     | Nonqualified Deferred Compensation 
 Earnings                           |   |     | All                   
 Other Compensation(2) |       |     | Total |         |
|:------------------------------------------------|:----|:-----|-----:|:----|:-------|--------:|:----|:------|:--|:----|:----------|-------:|:----|:--------------|:--|:----|:---------------------------------------|:--|:----|:-----------------------------------|:--|:----|:----------------------|------:|:----|:------|--------:|
| Jay Madhu                                       |     |