Everest Group finalizes employment agreement with CEO James Williamson; $1.25M base salary, retention grant

EVEREST GROUP, LTD.

Base salary $1,250,000; target annual cash bonus 200% of base salary; target annual equity award 420% of base salary.
One-time retention grant of $2,500,000 in restricted shares approved, vesting consistent with 2025 named executive officer grants.
Contract term runs through Jan 21, 2027, with automatic one-year renewals; one-year non-compete and non-solicitation clauses.
Upon termination without cause or for good reason, severance of 150% of base salary paid over 12 months plus continued equity vesting.

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