Founder and Adviser Agreement Sample Contracts

Universal Insurance Holdings, Inc.
Founder and Adviser Agreement • February 7th, 2013 • Universal Insurance Holdings, Inc. • Fire, marine & casualty insurance

This letter agreement (this “Agreement”) sets forth our understanding concerning your resignation as President and Chief Executive Officer of Universal Insurance Holdings, Inc. (the “Company”) and the continuation of your employment with the Company as Founder and Adviser. This Agreement supersedes and replaces in its entirety the Employment Agreement, dated August 11, 1999, as amended (the “Prior Agreement”), between you and the Company.

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