NI Holdings enters employment agreement with CFO Seth Daggett; base salary $285,000

NI Holdings, Inc.

CFO Seth Daggett's new agreement includes $285,000 base salary and participation in equity incentive and short-term performance plans.
Severance on termination without cause/for good reason includes base salary plus average three-year bonus, prorated for remaining employment period.
Agreement includes standard non-disclosure, release requirement, and Section 409A compliance provisions.
Effective March 15, 2022; automatically extends daily to maintain a one-year term unless notice given.

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