Common Contracts

NI HOLDINGS, INC. Adjusted Return on Equity Performance Share Unit Agreement

Performance Share Unit Agreement • March 15th, 2024 • NI Holdings, Inc. • Fire, marine & casualty insurance • North Dakota

• Contract Type
  Performance Share Unit Agreement
• Filed
  March 15th, 2024
• Company
  NI Holdings, Inc.
• Industry
  Fire, marine & casualty insurance
• Jurisdiction
  North Dakota

THIS PERFORMANCE SHARE UNIT AGREEMENT (this “Agreement”) governs the Stock Unit Award granted by NI HOLDINGS, INC., a North Dakota corporation (the “Company”) to the above-named individual (the “Participant”), in accordance with and subject to the provisions of the Company’s 2020 Stock and Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. Unless the context indicates otherwise, capitalized terms that are not defined in this Agreement shall have the meaning set forth in the Plan.

NI HOLDINGS, INC. Growth in Book Value Per Share Performance Share Unit Agreement

Performance Share Unit Agreement • March 9th, 2022 • NI Holdings, Inc. • Fire, marine & casualty insurance • North Dakota

• Contract Type
  Performance Share Unit Agreement
• Filed
  March 9th, 2022
• Company
  NI Holdings, Inc.
• Industry
  Fire, marine & casualty insurance
• Jurisdiction
  North Dakota

THIS PERFORMANCE SHARE UNIT AGREEMENT (this “Agreement”) governs the Stock Unit Award granted by NI HOLDINGS, INC., a North Dakota corporation (the “Company”) to the above named individual (the “Participant”), in accordance with and subject to the provisions of the Company’s 2020 Stock and Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. Unless the context indicates otherwise, capitalized terms that are not defined in this Agreement shall have the meaning set forth in the Plan.

HOLDINGS, INC. Growth in Book Value Per Share Performance Share Unit Agreement Name of Participant: [___________] Target No. of Performance Share Units Covered: Maximum No. of Performance Share Units Covered: [___________] Date of Grant:

Performance Share Unit Agreement • May 5th, 2021 • NI Holdings, Inc. • Fire, marine & casualty insurance • North Dakota

• Contract Type
  Performance Share Unit Agreement
• Filed
  May 5th, 2021
• Company
  NI Holdings, Inc.
• Industry
  Fire, marine & casualty insurance
• Jurisdiction
  North Dakota

THIS PERFORMANCE SHARE UNIT AGREEMENT (this “Agreement”) governs the Stock Unit Award granted by NI HOLDINGS, INC., a North Dakota corporation (the “Company”) to the above named individual (the “Participant”), in accordance with and subject to the provisions of the Company’s 2020 Stock and Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. Unless the context indicates otherwise, capitalized terms that are not defined in this Agreement shall have the meaning set forth in the Plan.

NI HOLDINGS, INC. Growth in Book Value Per Share Performance Share Unit Agreement

Performance Share Unit Agreement • May 4th, 2018 • NI Holdings, Inc. • Fire, marine & casualty insurance • North Dakota

• Contract Type
  Performance Share Unit Agreement
• Filed
  May 4th, 2018
• Company
  NI Holdings, Inc.
• Industry
  Fire, marine & casualty insurance
• Jurisdiction
  North Dakota

THIS PERFORMANCE SHARE UNIT AGREEMENT (this “Agreement”) governs the Stock Unit Award granted by NI HOLDINGS, INC., a North Dakota corporation (the “Company”) to the above-named individual (the “Participant”), in accordance with and subject to the provisions of the Company’s 2017 Stock and Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. Unless the context indicates otherwise, capitalized terms that are not defined in this Agreement shall have the meaning set forth in the Plan.