Amended and Restated Executive Restricted Stock Unit Agreement Under Share- Matching ProgramRestricted Stock Unit Agreement • August 28th, 2018 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
NEITHER THE SECURITIES NOR THE SECURITIES ISSUABLE PURSUANT TO THIS AGREEMENT HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, WHICH OPINION SHALL BE SATISFACTORY TO THE COMPANY.
EXECUTIVE RESTRICTED SHARE UNIT AGREEMENT FOR SHARE-MATCHING GRANTSRestricted Share Unit Agreement • August 28th, 2018 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
Vesting Dates: In 20% annual installments on the first, second, third, fourth and fifth anniversaries of the Date of Grant, with vesting subject to the Grantee maintaining ownership of the Bonus Shares through the full five-year vesting period
ContractExecutive Stock Grant Agreement • August 28th, 2018 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
