0001193125-16-493381 Sample Contracts

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Wayne Burks having a grant date of November 12, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Burks is hereby amended so that the portions of the award relating to (i) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days and (ii) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $95 per share for 20 consecutive trading days are both cancelled effective March 2, 2016.

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AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Paresh Patel having a grant date of May 16, 2013 and by which 400,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Patel is hereby amended so that the portion of the award relating to 100,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Anthony Saravanos having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Saravanos is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Jim Macchiarola having a grant date of November 12, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Macchiarola is hereby amended so that the portions of the award relating to (i) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days and (ii) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $95 per share for 20 consecutive trading days are both cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Harish Patel having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Patel is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Sanjay Madhu having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Madhu is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and George Apostolou having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Apostolou is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Martin Traber having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Traber is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Restricted Stock Award Contract • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and Gregory Politis having a grant date of May 16, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to Mr. Politis is hereby amended so that the portion of the award relating to 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days is cancelled effective March 2, 2016.

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 4th, 2016 • HCI Group, Inc. • Fire, marine & casualty insurance

The executive employment agreement, dated July 1, 2011, by and between HCI Group, Inc. (formerly Homeowners Choice, Inc.), is hereby amended effective January 29, 2016 as follows.

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