STOCK PURCHASE AGREEMENT Effective Date: August 7, 2006 This is an agreement ("Agreement") between UTG, Inc. ("Purchaser") and the "Sellers" (defined below) regarding the purchase and sale of shares of common stock of Acap Corporation ("Acap"). 1....Stock Purchase Agreement • August 9th, 2006 • Utg Inc • Life insurance • Texas
EXHIBIT 3.3.2 ACAP STOCK PUT OPTION Subject to, and in accordance with, the terms and conditions of this agreement ("Acap Stock Put Option"), UTG, Inc. ("Grantor") agrees to purchase from ___________________ ("Option Holder") XX- YYY (___) shares of...Utg Inc • August 9th, 2006 • Life insurance • Texas
Exhibits to the Stock Purchase Agreement, other than Exhibit 3.3.2, the Stock Put Option agreement, have been intentionally omitted because they are not material. The registrant agrees to furnish such omitted exhibits supplementally to the Commission...Stock Purchase Agreement • August 9th, 2006 • Utg Inc • Life insurance
Exhibits to the Stock Purchase Agreement, other than Exhibit 3.3.2, the Stock Put Option agreement, have been intentionally omitted because they are not material. The registrant agrees to furnish such omitted exhibits supplementally to the Commission upon request.
