Document:

Form of Lock-Up Agreement

 Exhibit 10.8 

                    , 2014 

Capitol Securities Management, Inc. 
 100 Concourse Boulevard,
Suite 101 
 Glen Allen, Virginia 23059 
 Attention: Mr. L.
McCarthy Downs, III 
  

	 	Re:	Public Offering of Oxbridge Re Holdings Limited 

 Ladies and Gentlemen: 

The undersigned, a holder of ordinary shares, par value $0.0001 per share (“Ordinary Shares”), or rights to acquire Ordinary Shares,
of Oxbridge Re Holdings Limited, a Cayman Islands exempted company (the “Company”), understands that Capitol Securities Management, Inc. (“Capitol”), as Representative of certain firms (the “Sales Agents”), proposes to
enter into an Sales Agency Agreement (the “Sales Agency Agreement”) with the Company providing for the public offering (the “Public Offering”) by the several Sales Agents of units, with each unit consisting of one ordinary share,
$0.0001 par value, and one warrant, of the Company (the “Securities”). 
 In connection with the Public Offering, Capitol is
requiring each of the Company’s officers, directors and shareholders owning five percent (5%) or more of the outstanding Ordinary Shares after the offering contemplated hereby to enter into lock-up agreements designed to prohibit the sale
of the Ordinary Shares held (nominally or beneficially) by those individuals and entities (in any manner, including pursuant to Rule 144 under the Act) for a period of 180 days following the closing of the Public Offering. These so called lock-ups
are intended to induce Sales Agents that may participate in the Public Offering to continue their efforts in connection with the Public Offering and to allow the Securities to be traded for a period of time before influential owners may sell their
Ordinary Shares. 
 For other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned
hereby agrees for the benefit of the Company and the Sales Agents that, the undersigned will not, during the period commencing on the date hereof and ending 180 days after the closing of the Public Offering (the “Lock-Up Period”), directly
or indirectly (1) offer, pledge, assign, encumber, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend,
or otherwise transfer or dispose of, any Ordinary Shares or any securities directly or indirectly convertible into or exercisable or exchangeable for Ordinary Shares owned either of record or beneficially (as defined in the Securities Exchange Act
of 1934, as amended (the “Exchange Act”)) by the undersigned on the date hereof or hereafter acquired or (2) enter into any swap or other agreement or arrangement that transfers, in whole or in part, any of the economic consequences
of ownership of the Ordinary Shares, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Ordinary Shares or such other securities, in cash or otherwise, or publicly announce an intention to do
any of the foregoing. The foregoing sentence shall not apply to: 
 (i) the sale of Ordinary Shares pursuant to the Sales Agency Agreement;

 (ii) transactions relating to Ordinary Shares acquired in open market transactions after the completion of the Public Offering, or the
exercise of any stock option to purchase Ordinary Shares pursuant to any benefit plan of the Company; 

 (iii) transfers of Ordinary Shares or any security directly or indirectly convertible into or
exercisable or exchangeable for Ordinary Shares as a bona fide gift or in connection with estate planning, including but not limited to, dispositions to any trust for the direct or indirect benefit of the undersigned and/or the immediate family of
the undersigned and dispositions from any grantor retained annuity trust established for the direct benefit of the undersigned and/or a member of the immediate family of the undersigned, or by will or intestacy; 

(iv) distributions of Ordinary Shares or any security directly or indirectly convertible into or exercisable or exchangeable for Ordinary
Shares to limited partners, members, stockholders or affiliates of the undersigned, or to any partnership, corporation or limited liability company controlled by the undersigned or by a member of the immediate family of the undersigned; or 

(v) the establishment of a trading plan pursuant to Rule 10b5-1 under the Exchange Act for the transfer of Ordinary Shares, provided that such
plan does not provide for the transfer of Ordinary Shares during the Lock-Up Period. 
 provided, however, that (a) in the case of any transfer or
distribution pursuant to clause (iii) or (iv), each donee or distributee shall sign and deliver a lock-up letter agreement substantially in the form of this letter agreement (the “Lock-Up Agreement”) and (b) in the case of any
transaction pursuant to clauses (iii), (iv) or (v), such transaction is not required to be reported during the Lock-Up Period by anyone in any public report or filing with the Securities and Exchange Commission or otherwise (other than a
required filing on Form 5, Schedule 13D or Schedule 13G (or 13D-A or 13G-A) and no such filing shall be made voluntarily during the Lock-Up Period. In addition, the undersigned agrees that, without the prior written consent of Capitol on behalf of
the Sales Agents, the undersigned will not, during the Lock-Up Period, make any demand for or exercise any right with respect to, the registration of any Ordinary Shares or any security directly or indirectly convertible into or exercisable or
exchangeable for Ordinary Shares. 
 Notwithstanding the foregoing, if (x) during the last 17 days of the Lock-Up Period the Company
issues an earnings release or material news or a material event relating to the Company occurs, or (y) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning
on the last day of the Lock-Up Period, the restrictions imposed in this Lock-Up Agreement shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or
material event, unless Capitol waives, in writing, such extension. 
 The undersigned hereby further agrees that, prior to engaging in any
transaction or taking any other action that is subject to the terms of this Lock-Up Agreement during the period from the date of this Lock-Up Agreement to and including the 34th day following the scheduled expiration of the Lock-Up Period, it will
give notice thereof to the Company and will not consummate such transaction or take such action unless it has received written confirmation from the Company that the Lock-Up Period (as such may have been extended pursuant to the preceding paragraph)
has expired. 
 In furtherance of the foregoing, (1) the undersigned also agrees and consents to the entry of stop transfer
instructions with any duly appointed transfer agent for the registration or transfer of the securities described herein against the transfer of any such securities except in compliance with the foregoing restrictions, and (2) the Company, and
any duly appointed transfer agent for the registration or transfer of the securities described herein, are hereby authorized to decline to make any transfer of securities if such transfer would constitute a violation or breach of this Lock-Up
Agreement. 
 The undersigned hereby represents and warrants that the undersigned has full power and authority to enter into this Lock-Up
Agreement. The undersigned hereby waives any applicable notice requirement concerning the Company’s intention to file a prospectus in connection with the Public Offering and sell Securities thereunder. 

  
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 The undersigned understands that the Company and the Sales Agents are relying upon this Lock-Up
Agreement in proceeding toward consummation of the Public Offering. The undersigned further understands that this Lock-Up Agreement is irrevocable and shall be binding upon the undersigned’s heirs, legal representatives, successors and assigns.

 Whether or not the Public Offering actually occurs depends on a number of factors, including market conditions. Any Public Offering will
only be made pursuant to a Sales Agency Agreement, the terms of which are subject to negotiation between the Company and the Sales Agents and there is no assurance that the Company and the Sales Agents will enter into a Sales Agency Agreement with
respect to the Public Offering or that the Public Offering will be consummated. 
 This Lock-Up Agreement shall automatically terminate upon
the earliest to occur, if any, of (1) either Capitol on behalf of the Sales Agents, on the one hand, or the Company, on the other hand, advising the other in writing, prior to the execution of the Sales Agency Agreement, that they have
determined not to proceed with the Public Offering, (2) termination of the Sales Agency Agreement before the sale of any Securities to the Sales Agents, (3) the withdrawal of the registration statement filed with the Securities and
Exchange Commission with respect to the Public Offering, or (4)             , 2014, in the event that the Sales Agency Agreement has not been executed by that date. 

[Signature page follows] 

  
 3 

 This Lock-Up Agreement shall be governed by and construed in accordance with the laws of the
State of New York, without regard to the conflict of laws principles thereof. 
  

	
	Very truly yours,
	
	   

	[Name]Form of Restricted Stock Award Agreement

 Exhibit 10.1 

FORM OF RESTRICTED STOCK AWARD AGREEMENT 

Name of Participant:
                             

Date of Grant:                      

Number of Shares:                  

Value of each Share on Date of Grant:                     

 This Restricted Stock Agreement (the “Agreement”), dated as of
                     is made between Intervest Bancshares Corporation (the “Company”) and the above-named individual (the
“Participant”) to record the granting of Restricted Common Stock on                      (the “Grant Date”) to the Participant
pursuant to the Company’s 2013 Equity Incentive Plan (the “Plan”) by the Company’s Compensation Committee pursuant to the Plan. 

The Company and the Participant hereby agree as follows: 

1. Grant. The Company hereby grants to the Participant, as of the Grant Date, subject to and in accordance with the terms and conditions of the Plan
and this Agreement,              shares of the Company’s Common Stock, par value $1.00 per share (the “Common Stock”). The grant of shares of Common Stock to the Participant,
evidenced by this Agreement, is an award of Restricted Stock (as defined in the Plan) and such shares of Restricted Stock are referred to in this Agreement as the “Shares.” 

2. Vesting. Ownership of the shares shall vest in             , equal, annual installments
on the                      anniversaries of the Grant Date, provided that, on the vesting date, the Participant is serving as an
{officer/director}of the Company. 
 Notwithstanding the foregoing vesting date, if, prior to the first anniversary of the Grant
Date, there is a Change of Control of the Company (as that term is defined in the Plan) or the Participant’s service to us terminates because of death or disability, all Shares not yet vested shall become immediately vested. 

3. Forfeiture. Shares that do not become vested in accordance with the vesting set forth in Section 2 shall be forfeited to the Company. 

4. Legend. Each share certificate representing the Shares shall bear a legend indicating that such Shares are “Restricted Stock” and are
subject to the provisions of this Agreement and the Plan. 
 5 Stock Issuance. 

(a) The Company shall issue the Shares in book entry form, registered in the name of the Participant with notations regarding the applicable
restrictions on transfer imposed under this Agreement; provided, however, that the Company may, in its discretion, elect to issue such shares in certificate form as provided below. 

(b) Any certificates representing the Shares that may be delivered to the Participant by the Company prior to vesting shall be redelivered to
the Company to be held by the Company until the restrictions on such Shares have lapsed and the Shares shall thereby have become vested or the shares represented thereby have been forfeited hereunder. Such certificates shall bear a legend as
contemplated by Section 4. 
 (c) Promptly after the vesting of the Shares pursuant to Section 2, the Company shall, as
applicable, either remove the notations on any shares issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of Shares which have vested. The Participant shall deliver to the
Company any representations or other documents required by this Agreement or the Plan. 

 (d) If the Company elects to issue certificates to the Participant, the Participant shall be
required to execute a stock power, in the form attached as Exhibit A, with respect to the Shares. The Company shall not deliver any certificates in accordance with this Agreement unless and until the Company shall have received such stock power
executed by the Participant. The Participant, by acceptance of this award, shall be deemed to appoint, and does so appoint by execution of this Agreement, the Company and each of its authorized representatives as the Participant’s
attorney(s)-in-fact to effect any transfer of unvested forfeited Shares (or Shares otherwise reacquired by the Company hereunder) to the Company as may be required pursuant to the Plan or this Agreement and to execute such documents as the Company
or such representatives deem necessary or advisable in connection with any such transfer. 
 6. Rights as a Shareholder. Except for the transfer and
other restrictions set forth elsewhere in this Agreement and in the Plan, the Participant, as record holder of the Shares, shall possess all the rights of a holder of the Company’s common stock, including the right to receive dividends on and
to vote the Shares; provided, however, that prior to becoming vested and transferable, the certificates representing such Shares shall be held by the Company for the benefit of the Participant. As the Shares become vested and transferable,
certificates representing such Shares shall be released to the Participant. 
 7. Transferability. The Shares may not be sold, transferred, pledged,
assigned, encumbered, or otherwise alienated or hypothecated until they become fully vested and transferable in accordance with Section 2 of this Agreement and then only to the extent permitted under the Agreement and the Plan and any
applicable securities laws. Prior to full vesting and transferability, all rights with respect to the Shares granted to a Participant under the Plan shall be available, during such Participant’s lifetime, only to such Participant. 

8 Section 83(b) Election. The Participant may elect, within 30 days of the Grant Date, pursuant to Section 83(b) of the Internal Revenue
Code, to include in his or her gross income the fair market value of the Shares covered by this Agreement in the taxable year of grant. The election must be made by filing the appropriate notice with the Internal Revenue Service within 30 days of
the Grant Date. If the Participant makes such election, the Participant shall promptly notify the Company by submitting to the Company a copy of the election notice filed with the Internal Revenue Service. 

9 Adjustment of Shares. As provided in the Plan, in the event of any change in the Common Stock of the Company by reason of any stock dividend, stock
split, recapitalization, merger, consolidation, split-up, combination or exchange of Shares, or of any similar change affecting the Common Stock, the Shares shall be adjusted automatically consistent with such change to prevent substantial dilution
or enlargement of the rights granted to, or available for, the Participant. 
 10 The Plan. The Participant hereby acknowledges receipt of a copy of
the Plan and agrees to be bound by all of the terms and provisions thereof, including any that might conflict with those contained in this Agreement. Capitalized terms used in this Agreement and not otherwise defined herein shall have the meaning
given to such terms under the Plan. 
 11 Notices. All notices to the Company shall be in writing and sent to the Company’s Secretary at the
Company’s offices. Notices to the Participant shall be addressed to the Participant at the Participant’s address as it appears in the Company’s records. 

  
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 IN WITNESS WHEREOF, the Company and the Participant have caused this Restricted Stock Agreement
to be executed on the date set forth opposite their respective signatures, it being understood that the Grant Date may differ from the date of signature. 
  

							
	Dated:              20     	 		 	INTERVEST BANCSHARES CORPORATION
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	Dated:              20     	 		 	  

		 		 	Participant Name:

  
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 EXHIBIT A 

STOCK POWER 
 FOR VALUE
RECEIVED, the undersigned does hereby sell, assign and transfer to Intervest Bancshares Corporation (the “Company”),                  Shares of the
Company’s common stock represented by Certificate No.                             . The undersigned
authorizes the Secretary of the Company to transfer the stock on the books of the Company in the event of any forfeiture of any shares issued under the Restricted Stock Agreement dated as of
            , 20      between the Company and the undersigned. 
  

			
	Dated:                     	 	  

		 	[Participant’s Name]

  
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