Document:

Restricted Stock Award Agreement

 Exhibit 10.8 
 JARDEN CORPORATION 
 RESTRICTED STOCK AGREEMENT 
 This AGREEMENT, dated as of the 24th day of May, 2007 (the “Agreement”), by and between Jarden Corporation, a Delaware corporation (the “Corporation”), and James
E. Lillie (the “Restricted Stockholder”). 
 W I T N E S S E T H : 
 WHEREAS, the Restricted Stockholder is an employee of the Corporation; 
 WHEREAS, the Restricted Stockholder entered into the Second Amended and Restated Employment Agreement, dated as of May 24, 2007 (the “Employment Agreement”), by and between the Corporation and
the Restricted Stockholder, pursuant to which it was contemplated that the Restricted Stockholder would receive a grant of 40,000 shares of restricted stock (the “Performance Share Grant”); 
 WHEREAS, the parties hereto desire to enter into this Agreement on the terms hereinafter set forth. 
 NOW THEREFORE, the parties hereto, in consideration of the promises set forth herein and the payment of $10 by the Corporation to the Restricted
Stockholder, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, agree as follows: 
 1. Grant of Restricted Shares. (a) Pursuant to the provisions of the Corporation’s Amended and Restated 2003 Stock Incentive Plan (the “Stock Incentive Plan”) effective as of May 24, 2007 (the
“Date of Grant”), the Corporation hereby grants to the Restricted Stockholder 40,000 shares of Common Stock (the “Performance Shares”), subject to all of the terms and conditions of this Agreement, the Employment
Agreement and the Stock Incentive Plan. 
 (b) The grant of Performance Shares set forth in paragraph 1(a) above shall be in satisfaction of
the Corporation’s obligations to grant the first tranche of Restricted Stock under Section 4 of the Employment Agreement. 
 (c)
All capitalized terms used herein but not defined shall have the meanings given to such terms in the Stock Incentive Plan. 
 2.
Vesting Period. The Performance Shares shall no longer be subject to the restrictions set forth herein on the earlier to occur of: 
  

	 	(a)	the date that the average closing price of the Corporation’s Common Stock on the New York Stock Exchange (or such other national securities exchange on which the Common Stock
may then be traded) for any period of five consecutive trading days equals or exceeds forty-eight dollars and 70/100 ($48.70); or 

	 	(b)	the date there is a Change of Control of the Corporation (as defined in the Employment Agreement). 

 Except as otherwise provided in the Employment Agreement, in the event the Restricted Stockholder’s employment is terminated by the Corporation or
voluntarily by the Restricted Stockholder, the Restricted Stockholder will surrender all of the unvested Performance Shares issuable pursuant to the terms hereof. 
 The number of shares granted and the stock price referred to above shall be adjusted for changes in the Common Stock as outlined in Section 18.4 of the Stock Incentive Plan or as otherwise mutually agreed in
writing by between the parties. 
 3. Non-Transferability. The Performance Shares that remain subject to the restrictions set
forth herein may not be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder until such restrictions shall have lapsed in accordance with the terms hereof or in the event of a transfer,
assignment, pledge or other disposal, such event has been approved by the Compensation Committee of the Board of Directors. Restricted Stockholder agrees that, to the extent the restrictions set forth herein lapse with respect to any of the
Performance Shares, such unrestricted Performance Shares may be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder, provided that Restricted Stockholder shall be entitled to (i) satisfy the
minimum withholding tax obligation (or such greater withholding amount as the Compensation Committee of the Board of Directors may approve) by electing to have the Corporation withhold from the Performance Shares that number of shares having a Fair
Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or such greater withholding amount as the Compensation Committee of the Board of Directors may approve), determined on the date that the
amount of tax to be withheld is to be determined, and (ii) thereafter sell only 20% (but not more than 20%) of the remaining vested Performance Share Grant in any calendar year ending prior to January 1, 2012; and provided further,
that Restricted Stockholder shall be entitled to sell all such vested Performance Shares at any time on or after the earlier to occur of January 2012 or a Change of Control of the Corporation, subject to applicable law, regulation or stock exchange
rule. 
 4. No Right to Continued Employment. Nothing in this Agreement shall confer upon the Restricted Stockholder any right
with respect to continuance of employment by the Corporation, nor shall it interfere in any way with the right of 

  

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Corporation to terminate the Restricted Stockholder’s employment at any time. This Agreement does not constitute an employment contract. This
Agreement does not guarantee employment for the length of time of the vesting period or for any portion thereof. 
 5. Restricted
Stockholder Bound by Plan. The Restricted Stockholder hereby acknowledges receipt of a copy of the Stock Incentive Plan and agrees to be bound by all the terms and provisions thereof. In the event of any conflict between the provisions of
this Agreement and the provisions of the Stock Incentive Plan, the provisions of this Agreement shall control. The Restricted Stockholder agrees to accept as binding, conclusive, and final all decisions or interpretations of the Committee upon any
questions arising under the Plan. 
 6. Section 83(b) Election. If the Restricted Stockholder files an election with the
Internal Revenue Service to include the Fair Market Value of any Performance Shares in gross income as of the Date of Grant, the Restricted Stockholder agrees to promptly furnish the Corporation with a copy of such election, together with the amount
of any federal, state, local or other taxes required to be withheld to enable the Corporation to claim an income tax deduction with respect to such election. 
 7. Withholding Taxes. The Performance Shares will be subject to any federal, state, or local taxes of any kind required by law at the time the Performance Shares vest and become nonforfeitable. By
accepting the Performance Shares, the Restricted Stockholder agrees to promptly satisfy federal, state and local withholding requirements, when and if applicable, for such Performance Shares by making a cash payment to the Corporation equal to the
required withholding amount or by electing to have the Corporation withhold from the Performance Shares that number of shares having a Fair Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or
such greater withholding amount as the Compensation Committee of the Board of Directors may approve), determined on the date that the amount of tax to be withheld is to be determined. 
 8. Notices. Any notice required to be given or delivered to the Corporation under the terms of this Agreement shall be in writing and
addressed to the Corporate Secretary of the Corporation at its principal corporate offices at 555 Theodore Fremd Avenue, Suite B-302, Rye, New York 10580. Any notice required to be given or delivered to the Restricted Stockholder shall be in writing
and addressed to the Restricted Stockholder at the address set forth on the signature page hereto or to such other address as such party may designate in writing from time to time to the Corporation. All notices shall be deemed to have been given or
delivered upon: personal delivery; three (3) days after deposit in the United States mail by certified or registered mail (return receipt requested); one (1) business day after deposit with any return receipt express courier (prepaid); or
one (1) business day after transmission by facsimile. 
 (signature page follows) 
  

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 IN WITNESS WHEREOF, the Corporation has caused
this Agreement to be executed by a duly authorized officer and the Restricted Stockholder has executed this Agreement as of the 24th day of May, 2007. 
  

			
	JARDEN CORPORATION
		
	By:	 	 /s/ Martin E. Franklin

	Name:	 	Martin E. Franklin
	Title:	 	Chairman and Chief Executive Officer
	
	RESTRICTED STOCKHOLDER
	
	 /s/ James E. Lillie

	Name:	 	James E. Lillie
		
	Address:	 	

  

 4Form of Management Rights Agreement

 Exhibit 4.11 
  

			
	 GeoVera Insurance Group Holdings, Ltd.
 Walkers SPV Limited
 Walker House
 George Town, Grand Cayman
 Cayman Islands
	  	 GeoVera Insurance Holdings, Ltd.
 Canon’s Court
 22 Victoria Street
 Hamilton HM12
 Bermuda

                 ,
2007 
 Hellman & Friedman Capital Partners V (Cayman), L.P. 
 One Maritime Plaza 
 San Francisco, CA 94111 
 Dear Sir
or Madam: 
 Reference is made to (i) that certain Members’ Agreement by and among GeoVera Insurance Group Holdings, Ltd. (the
“Company”), Hellman & Friedman Capital Partners V (Cayman), L.P. (the “VCOC Investor”) and the other signatories thereto, dated November 1, 2005 (the “Members’ Agreement”)
pursuant to which the VCOC Investor and certain affiliated purchasers (collectively, the “Purchasers”) purchased from the Company ordinary shares, par value $0.001 per share, of the Company (the “Shares”) and
(ii) that certain Shareholders’ Agreement by and among GeoVera Insurance Holdings, Ltd. (the “Subsidiary”), the VCOC Investor and the other signatories thereto, dated as of the date hereof (the “Shareholders’
Agreement”). 
 Each of the Company and the Subsidiary hereby agree that until such date as the Purchasers, directly or together
with one or more of their respective affiliated funds, beneficially own less than five percent (5%) of the outstanding Shares (or other securities of the Company or the Subsidiary into which such Shares may be converted or for which such Shares
may be exchanged) and has entered into its “distribution period” (as defined in the Plan Asset Regulation (as defined below)), without limitation or prejudice of any of the rights provided to the VCOC Investor under the Members’
Agreement or the Shareholders’ Agreement, the Company and the Subsidiary shall: 
  

	 	•	 	 Provide the VCOC Investor or its designated representative with: 

 (i) the right to visit and inspect any of the offices and properties of the Company, the Subsidiary and each of their subsidiaries and
inspect and copy the books and records of the Company, the Subsidiary and each of their subsidiaries, at such times as the VCOC Investor shall reasonably request; 
 (ii) as soon as available and in any event within 45 days after the end of each of the first three quarters of each fiscal year of the
Company or the Subsidiary, as the case may be, consolidated balance sheets as of the end of such period, and consolidated statements of income and cash flows for the period then ended prepared in conformity with generally accepted accounting
principles in the United States applied on a consistent 

 
basis, except as otherwise noted therein, and subject to the absence of footnotes and to year-end adjustments; 
 (iii) as soon as available and in any event within 120 days after the end of each fiscal year of the Company or the Subsidiary, as the
case may be, a consolidated balance sheet as of the end of such year, and consolidated statements of income and cash flows for the year then ended prepared in conformity with generally accepted accounting principles in the United States applied on a
consistent basis, except as otherwise noted therein, together, in the case of the Subsidiary, with an auditor’s report thereon of a firm of established national reputation; 
 (iv) to the extent the Company, the Subsidiary or any of their subsidiaries is required by law or pursuant to the terms of any outstanding
indebtedness of the Company, the Subsidiary or such subsidiary to prepare such reports, any annual reports, quarterly reports and other periodic reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (or comparable
disclosure required in connection with a company listed on the Nasdaq Global Market), actually prepared by the Company, the Subsidiary or such subsidiary as soon as available; and 
 (v) copies of all materials provided to the Company’s board of directors (the “Company Board”) at the same time as
provided to the directors of the Company Board, copies of all materials provided to the Subsidiary’s board of directors (the “Subsidiary Board”) at the same time as provided to the directors of the Subsidiary Board, and if
requested, copies of all materials provided to the board of directors of each of their subsidiaries. 
  

	 	•	 	 Make appropriate officers and directors of the Company, the Subsidiary and each of their subsidiaries available periodically and at such times as reasonably
requested by the VCOC Investor for consultation with the VCOC Investor or its designated representative with respect to matters relating to the business and affairs of the Company, the Subsidiary and their subsidiaries, including, without
limitation, significant changes in management personnel and compensation of employees, introduction of new products or new lines of business, important acquisitions or dispositions of plants and equipment, significant research and development
programs, the purchasing or selling of important trademarks, licenses or concessions or the proposed commencement or compromise of significant litigation; 

  

	 	•	 	 Give the VCOC Investor the right to designate one non-voting board observer who will be entitled to attend all meetings of the Company Board, participate in all
deliberations of the Company Board and receive copies of all materials provided to the Company Board, provided that such observer shall have no voting rights with respect to actions taken or elected not to be taken by the Company Board;

  

	 	•	 	 Give the VCOC Investor the right to designate one non-voting board observer who will be entitled to attend all meetings of the Subsidiary Board, participate in all
deliberations of the Subsidiary Board and receive copies of all materials provided to the Subsidiary 

  

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Board, provided that such observer shall have no voting rights with respect to actions taken or elected not to be taken by the Subsidiary Board;

  

	 	•	 	 To the extent consistent with applicable law (and with respect to events which require public disclosure, only following public disclosure thereof through
applicable securities law filings or otherwise), inform the VCOC Investor or its designated representative in advance with respect to any significant corporate actions, including, without limitation, extraordinary dividends, mergers, acquisitions or
dispositions of assets, issuances of significant amounts of debt or equity securities and material amendments to the organizational documents of the Company, the Subsidiary and any of their subsidiaries, and provide the VCOC Investor or its
designated representative with the right to consult with the Company, the Subsidiary and any of their subsidiaries with respect to such actions; and 

  

	 	•	 	 Provide the VCOC Investor or its designated representative with such other rights of consultation which the VCOC Investor’s counsel may determine to be
reasonably necessary under applicable legal authorities or guidance promulgated or issued after the date hereof to qualify its investment in the Company and the Subsidiary, as the case may be, as a “venture capital investment” for purposes
of the United States Department of Labor Regulation published at 29 C.F.R. Section 2510.3-101(d)(3)(i) (the “Plan Asset Regulation”). 

 The Company and the Subsidiary each agree to consider, in good faith, the recommendations of the VCOC Investor or its designated representative in
connection with the matters on which it is consulted as described above, recognizing that the ultimate discretion with respect to all such matters shall be retained by the Company and the Subsidiary, as applicable. 
 The VCOC Investor agrees, and will require each designated representative of the VCOC Investor to agree, to hold in confidence and not use or disclose to
any third party (other than its legal counsel and accountants) any confidential information provided to or learned by such party in connection with the VCOC Investor’s rights under this letter agreement except as may otherwise be required by
law or legal, judicial or regulatory process, provided that the VCOC Investor takes reasonable steps to minimize the extent of any such required disclosure. 
 In the event the VCOC Investor or any of the other Purchasers transfers all or any portion of their investment in the Company or the Subsidiary to an affiliated entity (or to a direct or indirect conduit subsidiary of
any such affiliated entity) that is intended to qualify as a venture capital operating company under the Plan Asset Regulation, such affiliated entity shall be afforded the same rights with respect to the Company and to the Subsidiary afforded to
the VCOC Investor hereunder and shall be treated, for such purposes, as a third party beneficiary hereunder. 
  

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 This letter agreement and the rights and the duties of the parties hereto shall be governed by, and
construed in accordance with, the laws of the State of New York and may be executed in counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same instrument.

 [Signature Page to Follow] 
  

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	GEOVERA INSURANCE GROUP HOLDINGS, LTD.
		
	By:	 	   
		 	Name:	 	
		 	Title:	 	

					
	
	GEOVERA INSURANCE HOLDINGS, LTD.
		
	By:	 	   
		 	Name:	 	
		 	Title:	 	

 Agreed and acknowledged as of the date first above written: 
 HELLMAN & FRIEDMAN CAPITAL PARTNERS 
 (CAYMAN), L.P. 
  

							
	By:	 	HELLMAN & FRIEDMAN INVESTORS V
		 	(CAYMAN), L.P., as its General Partner
		
	By:	 	HELLMAN & FRIEDMAN INVESTORS V
		 	(CAYMAN), LTD., as its General Partner
			
	By:	 	  	 	
		 	Name:	 		 	
		 	Title:	 		 	

  

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