Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment


                 of Certain Officers; Compensatory Arrangements of Certain

Officers




On January 25, 2022, Universal Insurance Holdings, Inc. (the "Company") entered
into an employment agreement with Kimberly Cooper Campos, the Company's Chief
Administrative Officer and Chief Information Officer (the "Agreement"). Also on
January 25, 2022, the Company entered into an employment agreement with Frank C.
Wilcox, the Company's Chief Financial Officer (the "Employment Agreement"). The
following summaries of the Agreement and the Employment Agreement do not purport
to be complete and are qualified in their entirety by reference to the full text
of the respective agreements, which are attached hereto as Exhibit 10.1 and
Exhibit 10.2, respectively, and incorporated herein by reference thereto.

Employment Agreement with Kimberly Cooper Campos

Term

Ms. Campos's former employment agreement with the Company expired on December
31, 2021. Ms. Campos's new employment agreement provides that Ms. Campos will
serve as Chief Administrative Officer and Chief Information Officer of the
Company for a term beginning on January 1, 2022 (the "Effective Date") and
ending on December 31, 2023, unless earlier terminated in accordance with its
terms.

Base Salary

Ms. Campos will receive a base salary of $315,000 for each contract year. The
base salary is subject to adjustment by the Company's Compensation Committee
based on the recommendation of the Company's Chief Executive Officer.

Annual Bonus

Ms. Campos is eligible to receive an annual bonus as determined by the Company
in its sole discretion, subject to her continued employment through the payment
date of the bonus.

Restricted Share Units

Ms. Campos is eligible to receive a grant of 5,000 restricted share units (the
"RSU Grant") payable under and subject to the Company's 2021 Omnibus Incentive
Plan, as may be amended from time to time (the "Omnibus Plan"). The RSU Grant
will be subject to time-vesting conditions set forth in the Agreement.

Termination



If Ms. Campos is terminated for any reason, she will receive a lump sum cash
payment equal to accrued but unpaid base salary through the date of termination.
If Ms. Campos is terminated without Cause (as defined in the Agreement), she
will also receive a lump-sum cash payment equal to her base salary for the
remaining term of the Agreement, subject to her execution of a general release
of claims in favor of the Company.

Non-Compete

Ms. Campos is subject to a non-compete provision under the Agreement that prohibits her from engaging in certain competitive activities during the Term and for a period of 12 months following her termination.

Other

The Agreement also contains nondisparagement, nonsolicitation and confidentiality provisions.

Employment Agreement with Frank C. Wilcox

Term



The Employment Agreement provides that Mr. Wilcox will serve as Chief Financial
Officer of the Company for a term beginning on January 1, 2022 and ending on
December 31, 2023, unless earlier terminated in accordance with its terms.

Base Salary

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Mr. Wilcox will receive a base salary of $500,000 for each contract year. The
base salary is subject to adjustment by the Compensation Committee based on the
recommendation of the Company's Chief Executive Officer.

Annual Bonus

Mr. Wilcox is eligible to receive an annual bonus as determined by the Company
in its sole discretion, subject to Mr. Wilcox's continued employment through the
payment date of the bonus.

Restricted Share Units

Mr. Wilcox is eligible to receive a grant of 10,000 restricted share units (the
"RSU Grant") payable under and subject to the Company's 2021 Omnibus Incentive
Plan, as may be amended from time to time (the "Omnibus Plan"). The RSU Grant
will be subject to time-vesting conditions set forth in the Employment
Agreement.

Termination

If Mr. Wilcox is terminated for any reason, he will receive a lump sum cash payment equal to accrued but unpaid base salary through the date of termination. If Mr. Wilcox is terminated without cause (as defined in the Employment Agreement), he will also receive a lump-sum cash payment equal to his base salary for the remaining term of the Employment Agreement, subject to his execution of a general release of claims in favor of the Company.

Non-Compete

Mr. Wilcox is subject to a non-compete provision under the Employment Agreement
that prohibits him from engaging in certain competitive activities during the
term of the Employment Agreement and for a period of 12 months following his
termination.

Other

The Employment Agreement also contains nondisparagement, nonsolicitation and confidentiality provisions.

Item 9.01 Financial Statements and Exhibits




(d) Exhibits:

Exhibit Number                 Description
  10.1                           Employment Agreement, dated January 25, 2022, between     Kimberly
                               Cooper Campos     and the Company

  10.2                           Employment Agreement, dated January 25, 2022, between     Frank C.
                               Wilcox     and the Company

104                            The cover page from this Current Report on Form 8-K formatted in Inline
                               XBRL (included as Exhibit 101).

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