Item 5.02. Departure of directors or certain managers; Election of directors; Appointment of certain officers; Compensatory provisions of certain executives.
At
In the event that the Manager resigns from his employment with the Company, with a valid reason, as defined in his employment contract with the Company, the Manager must reimburse 100% of his retention payment if this resignation is prior to
The table below shows the amount of each officer’s retention payment.
NEO Retention Payment
B. Bradford Martz $ 283,500
Chris Griffith $ 207,900
Brooke Adler $ 170,100
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the duly authorized undersigned.
UNITED INSURANCE HOLDINGS CORP.
December 27, 2022 By: /s/ B. Bradford Martz
B. Bradford Martz, Chief Financial Officer and President
(principal financial officer and principal accounting
officer)
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