0001193125-17-106012 Sample Contracts

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AMERINST INSURANCE GROUP, LTD. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • March 31st, 2017 • Amerinst Insurance Group LTD • Insurance carriers, nec

This Non-Qualified Stock Option Agreement (this “Agreement”) by and between AMERINST INSURANCE GROUP, LTD., a Bermuda corporation (the “Company”) and the Grantee named above (referred to below as “you”) evidences the grant by the Company of a Non-Qualified Stock Option to you on the date stated above (the “Grant Date”) and your acceptance of such Option in accordance with the provisions of the Amerinst Insurance Group, Ltd. 2016 Stock Option Plan, as amended from time-to-time (the “Plan”).

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