AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
Exhibit 10.98
AMENDMENT TO RESTRICTED STOCK AWARD CONTRACT
The Restricted Stock Award Contract between HCI Group, Inc. (formerly Homeowners Choice, Inc.) and ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ having a grant date of November 12, 2013 and by which 24,000 shares of HCI Group, Inc. restricted stock were awarded to ▇▇. ▇▇▇▇▇▇▇▇▇▇▇ is hereby amended so that the portions of the award relating to (i) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $50 per share for 20 consecutive trading days and (ii) 6,000 shares that would vest one year after the Fair Market Value equals or exceeds $95 per share for 20 consecutive trading days are both cancelled effective March 2, 2016.
Agreed to this 2nd day of March 2016. | ||
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▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ | ||
HCI Group, Inc. | ||
By: |
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▇▇▇▇▇▇ ▇▇▇▇▇, Chief Executive Officer |