0001547903-17-000101 Sample Contracts

July 31, 2017
Restricted Stock Unit • August 1st, 2017 • NMI Holdings, Inc. • Surety insurance

We thank you for your service to NMI Holdings, Inc. (“NMI”) and congratulate you on your retirement from NMI, effective July 31, 2017 (“Separation Date”). This letter (“Agreement”) sets forth the terms of your separation of employment from NMI as of the Separation Date. Although NMI is not legally required to pay you any severance benefits, we agree to the following terms of separation:

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