SHAREHOLDERS AGREEMENTShareholders Agreement • April 25th, 2011 • Auto Club Insurance Association • Fire, marine & casualty insurance • Michigan
THIS SHAREHOLDERS AGREEMENT (this “Agreement”), dated as of April 15, 2011 by and among Auto Club Insurance Association, a Michigan reciprocal inter-insurance exchange (“Parent”), ACG Acquisition Co., Inc., a Michigan corporation and a direct, wholly owned Subsidiary of Parent (“Merger Sub”) and the shareholders set forth on Exhibit A (each a “Shareholder” and collectively, the “Shareholders”). Capitalized terms used but not defined in this Agreement have the meanings ascribed thereto in the Merger Agreement (as defined below).
