Oxbridge Re Holdings Ltd. Announces New CEO Compensation Agreement and 2025 Omnibus Incentive Plan

Reuters09-05
<a href="https://laohu8.com/S/OXBR">Oxbridge Re Holdings Ltd</a>. Announces New CEO Compensation Agreement and 2025 Omnibus Incentive Plan

Oxbridge Re Holdings Ltd. has announced new compensation terms for its Chief Executive Officer, Jay Madhu, as part of an Amended and Restated Employment Agreement. Effective January 1, 2026, Mr. Madhu will receive an annual base salary of $390,000, with potential automatic increases linked to significant company financing or strategic transactions. The agreement includes annual incentive bonuses at the Board's discretion and participation in the company's equity incentive plans. Additionally, Mr. Madhu will be granted 40,000 restricted shares annually under the 2025 Omnibus Plan, vesting quarterly. The agreement also features a substantial M&A transaction bonus and provides for a three-year severance package if terminated without cause. The term extends through December 31, 2028, with automatic renewal options.

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