EX-10.2
from 8-K
17 pages
Dated: November 3, 2023 Deed of Settlement and Release Simon Burton, Greenlight Reinsurance, Ltd., and Greenlight Capital Re, Ltd. Deed of Settlement and Release This Deed of Settlement and Release Is Made the 3rd of November 2023 Between: (1) Simon Burton of Grand Cayman (The “Employee”); (2) Greenlight Reinsurance, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands; and (3) Greenlight Capital Re, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands (Together With Greenlight Reinsurance Ltd, the “Employers”) (Each a “Party” and Together “The Parties”). Whereas: (A) the Employee Is Employed as Chief Executive Officer (The “Employment”) Pursuant to an Amended and Restated Employment Agreement, Effective as of January 1, 2022, (The “Employment Contract”); (B) the Parties Have Agreed to Terminate the Employment by Mutual Consent Effective December 31, 2023 (The “Termination Date”); and (C) the Parties Now Wish to Settle All Matters Between Them and Have Agreed to a Full and Final Settlement on the Terms and Conditions Contained in This Deed and Have Agreed to Enter Into This Deed in Consideration of the Mutual Covenants and Other Valuable Consideration Set Out Below. It Is Now Agreed and This Deed Witnesses as Follows: 1. Definitions 1.1 in This Deed, Unless Otherwise Indicated, the Following Expressions Shall Bear the Following Meanings: (A) “Associated Entities” Means the Employers and Each and All of Their Respective Current, Previous, and Future Parent Companies, Direct or Indirect Subsidiaries, and Affiliates; 1
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EX-10.2
from 8-K
17 pages
Dated: March 6, 2023 Deed of Settlement and Release Neil Greenspan, Greenlight Reinsurance, Ltd., and Greenlight Capital Re, Ltd. Deed of Settlement and Release This Deed of Settlement and Release Is Made the 6 of March, 2023 Between: (1) Neil Greenspan of the United States (The “Employee”); (2) Greenlight Reinsurance, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands; and (3) Greenlight Capital Re, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands (Together With Greenlight Reinsurance Ltd, the “Employers”) (Each a “Party” and Together “The Parties”). Whereas: (A) the Employee Is Employed as Chief Financial Officer of Each of the Employers (The “Employment”) and Is Party to an Employment Agreement Dated December 3, 2018, as Subsequently Amended September 2, 2019 (The “Contract”); (B) the Parties Have Agreed to Terminate the Employment by Mutual Consent Effective March 31, 2023 (The “Termination Date”); and (C) the Parties Now Wish to Settle All Matters Between Them and Have Agreed to a Full and Final Settlement on the Terms and Conditions Contained in This Deed and Have Agreed to Enter Into This Deed in Consideration of the Mutual Covenants and Other Valuable Consideration Set Out Below. It Is Now Agreed and This Deed Witnesses as Follows: 1. Definitions 1.1 in This Deed, Unless Otherwise Indicated, the Following Expressions Shall Bear the Following Meanings: (A) “Associated Entities” Means the Employers and Each and All of Their Respective Current, Previous, and Future Parent Companies, Direct or Indirect Subsidiaries, and Affiliates; (B) “Claims” Means All Causes of Action, Matters, and Disputes Arising From or Related to the Employment or the Termination Thereof, or Otherwise Arising Between the Parties, Whether Known 1
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EX-10.1
from 8-K
18 pages
Dated: October 25, 2022 Deed of Settlement and Release Laura Accurso, Greenlight Reinsurance, Ltd., and Greenlight Capital Re, Ltd. Deed of Settlement and Release This Deed of Settlement and Release Is Made the 25th of October, 2022 Between: (1) Laura Accurso of Grand Cayman (The “Employee”); (2) Greenlight Reinsurance, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands; and (3) Greenlight Capital Re, Ltd of 65 Market Street, Suite 1207, Jasmine Court, Camana Bay, Grand Cayman, Ky1-1205, Cayman Islands (Together With Greenlight Reinsurance Ltd, the “Employers”) (Each a “Party” and Together “The Parties”). Whereas: (A) the Employee Is Employed as General Counsel, Corporate Secretary, and Chief Compliance Officer (The “Employment”) Pursuant to an Employment Agreement Dated October 1, 2017, as Subsequently Amended February 18, 2019, September 2, 2019, and May 1, 2020 (The “Contract”); (B) the Parties Have Agreed to Terminate the Employment by Mutual Consent Effective December 31, 2022 (The “Termination Date”); and (C) the Parties Now Wish to Settle All Matters Between Them and Have Agreed to a Full and Final Settlement on the Terms and Conditions Contained in This Deed and Have Agreed to Enter Into This Deed in Consideration of the Mutual Covenants and Other Valuable Consideration Set Out Below. It Is Now Agreed and This Deed Witnesses as Follows: 1. Definitions 1.1 in This Deed, Unless Otherwise Indicated, the Following Expressions Shall Bear the Following Meanings: (A) “Associated Entities” Means the Employers and Each and All of Their Respective Current, Previous, and Future Parent Companies, Direct or Indirect Subsidiaries, and Affiliates; (B) “Claims” Means All Causes of Action, Matters, and Disputes Arising From or Related to the Employment or the Termination Thereof, or Otherwise Arising Between the Parties, Whether Known 1
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