GBLI finalizes separation with former COO Mauer; $575K severance, non-compete eliminated

Global Indemnity Group, LLC

Severance of $575,000 in four installments: $200K immediate, $100K at 3 months, $100K at 1 yr, $175K at 18 months.
COBRA premiums paid for up to 18 months; ends upon new employment.
Non-compete clause eliminated; non-solicitation period reduced from 2 years to 18 months.
Confidentiality and non-disparagement obligations remain perpetual.
Cooperation clause: $575 per hour for post-employment assistance; indemnification provided.

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