EX-10.13
from S-1
1 page
Summary of Director Compensation Directors Who Are Also Employees of James River Group, Inc. or Any of Its Subsidiaries Will Not Receive Any Additional Compensation for Serving as Directors. Upon the Effectiveness of This Offering, Non-Employee Directors of James River Group, Inc. Will Receive the Following Fees: Annual Retainer $20,000 ($40,000 Per Annum for the Chairman of the Board) Fee for Each Board Meeting Attended in $1,500 Person or Telephonically Fee for Each Board Committee Meeting $500 ($1000 for Meetings of the Audit Attended in Person or Telephonically Committee) We Also Expect to Reimburse All Directors (Including Employee Directors) for Reasonable Out-Of-Pocket Expenses They Incur in Connection With Their Service as Directors. Directors Are Eligible to and Have Previously Received Non-Qualified Stock Options and Other Equity-Based Awards When, as and if Determined by the Compensation Committee Pursuant to the Terms of the 2003 Incentive Plan and the 2005 Incentive Plan
12/34/56
EX-10.12
from S-1
1 page
Summary of Consulting Agreement in January 2003, James River Group, Inc. Entered Into an Oral Consulting Agreement (The "Agreement") With Richard W. Wright, the Chairman of the Board of Directors. Pursuant to the Agreement, Mr. Wright Currently Receives a Fee of $60,000 Per Year. the Agreement May Be Terminated by Either Party With 90 Days Written Notice, and Will Terminate Immediately Prior to Completion of This Offering. Upon Completion of the Offering, We Will Enter Into a New Consulting Agreement With Mr. Wright, Pursuant to Which He Will Receive a Fee of $40,000 for His Consulting Services
12/34/56