Kestrel Group enters amended employment agreement with President & CFO; terms largely unchanged

Kestrel Group Ltd

Base salary unchanged at $950k; bonus opportunity up to 100% of base salary unchanged.
Initial term through May 1, 2028; auto-renew 5-year periods unless 90-day notice.
Severance includes remaining base salary for term plus pro-rata bonus if terminated without cause or good reason.
Non-competition covenant for 1 year; non-solicitation of customers for 2 years post-employment.
No excise tax gross-up provision for Section 280G payments.

item 5.02item 9.01

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