Standard Contracts
EMERSON EQUITY, LLC FORM OF DEALER MANAGER AGREEMENT May 5, 2020Dealer Manager Agreement • May 15th, 2020 • GWG Holdings, Inc. • Life insurance • Texas
GWG Holdings, Inc. (the “Company”) is a Delaware corporation. The Company proposes to offer up to $2,000,000,000 in aggregate principal amount (the “Offering”) of the Company’s L Bonds (“L Bonds”). The L Bonds will be issued in “Units” at a public offering price of $1,000 per Unit.
AMENDED AND RESTATED INDENTURE Dated as of October 23, 2017, by and among GWG Holdings, Inc., as obligor GWG Life, LLC, as guarantor and Bank of Utah, as trustee Debt SecuritiesIndenture • October 26th, 2017 • GWG Holdings, Inc. • Life insurance • Delaware
THIS AMENDED AND RESTATED INDENTURE is hereby entered into as of October 23, 2017, by and among GWG Holdings, Inc., a Delaware corporation (the “Company”), as obligor, GWG Life, LLC, a Delaware limited liability company (the “Guarantor”), as guarantor, and Bank of Utah, a Utah corporation, as trustee (the “Trustee”).
AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • October 26th, 2017 • GWG Holdings, Inc. • Life insurance • Delaware
This Amended and Restated Pledge and Security Agreement (this “Security Agreement”) is entered into as of October 23, 2017, by and among GWG Holdings, Inc., a Delaware corporation (“Holdings”), GWG Life, LLC, a Delaware limited liability company (“GWG Life,” and referred to collectively with Holdings as the “Entity Grantors”), Jon R. Sabes and Steven F. Sabes (collectively, the “Individual Grantors,” and referred to collectively with the Entity Grantors simply as the “Grantors”), and Bank of Utah, in its capacity as indenture trustee under the Indenture (as defined below) and collateral trustee hereunder (the “Trustee”), for the benefit of the holders of L Bonds issued by Holdings under the Indenture and guaranteed by GWG Life (as defined in the Indenture).
Form OF DIRECTOR AND OFFICER INDEMNIFICATION AGREEMENTDirector and Officer Indemnification Agreement • April 30th, 2019 • GWG Holdings, Inc. • Life insurance • Delaware
This Director and Officer Indemnification Agreement, dated as of _____________ (this “Agreement”), is made by and between GWG Holdings, Inc., a Delaware corporation (the “Company”), and _____________________ (“Indemnitee”).
GWG HOLDINGS, INC. Suite 1200 Minneapolis, Minnesota 55402Managing Broker-Dealer Agreement • April 1st, 2013 • GWG Holdings, Inc. • Life insurance • Delaware
This letter confirms and comprises the agreement (the “Agreement”) between GWG Holdings, Inc., a Delaware corporation (the “Company”), and Arque Capital, Ltd., a California corporation (the “Managing Broker-Dealer”), regarding (i) the offering and sale (the “Offering”) of up to $250,000,000 of secured debentures (the “Debentures”) of the Company to be sold pursuant to that certain Registration Statement on Form S-1 of the Company, initially filed with the United States Securities and Exchange Commission (the “SEC”) on June 14, 2011 (File No. 333-174887), as the same is later declared effective by the SEC and as it may be amended and supplemented from time to time after its initial effectiveness (the “Registration Statement”). The prospectus that forms a part of the Registration Statement is hereinafter referred to as the “Prospectus.” References to the Registration Statement include all exhibits to the Registration Statements and any documents incorporated into the Registration Stateme
FIFTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT Dated as of December 14, 2021 Among GWG DLP Funding IV, LLC, as Borrower THE FINANCIAL INSTITUTIONS PARTY HERETO, as Lenders And CLMG CORP., as Administrative AgentLoan and Security Agreement • December 20th, 2021 • GWG Holdings, Inc. • Life insurance • New York
This FIFTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Loan Agreement”) is made and entered into as of December 14, 2021, among GWG DLP Funding IV, LLC, a Delaware limited liability company (the “Borrower”), the financial institutions party hereto as Lenders (the “Lenders”), and CLMG Corp., a Texas corporation, as the administrative agent for the Lenders (in such capacity, the “Administrative Agent”).
AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT among GWG DLP FUNDING II, LLC as the Borrower GWG LIFE SETTLEMENTS, LLC as the Seller and as the Master Servicer GWG HOLDINGS, INC. as the Performance Guarantor AUTOBAHN FUNDING COMPANY LLC, as the...Credit and Security Agreement • February 6th, 2013 • GWG Holdings, Inc. • Life insurance • New York
THIS AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT is made as of January 25, 2013, among GWG DLP FUNDING II, LLC, a Delaware limited liability company, as the Borrower, GWG LIFE SETTLEMENTS, LLC, a Delaware limited liability company, as the Seller and as the Master Servicer, GWG HOLDINGS, INC., a Delaware corporation, as the Performance Guarantor, AUTOBAHN FUNDING COMPANY LLC, a Delaware limited liability company, as the Conduit Lender, and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, as the Agent and as the Committed Lender.
REGISTRATION RIGHTS AGREEMENT (COMMON STOCK)Registration Rights Agreement • January 4th, 2019 • GWG Holdings, Inc. • Life insurance • Delaware
THIS REGISTRATION RIGHTS AGREEMENT, dated as of December 27, 2018 (this “Agreement”), is made and entered into by and among GWG Holdings, Inc., a Delaware corporation (the “Company”) and each of the EXCHANGE TRUSTS set out on Schedule I (together with such additional Exchange Trusts that become a party hereto by joinder prior to the Second Closing (as such term is defined in the Master Exchange Agreement (as defined below)), each a “Seller Trust” and collectively the “Seller Trusts”), and as agreed to and accepted by Murray T. Holland and Jeffrey S. Hinkle as trust advisors to the Seller Trusts (the “Trust Advisors”) and any Holder Transferee.
THIRD AMENDED AND RESTATED NOTE ISSUANCE AND SECURITY AGREEMENT November 1, 2011 among GWG LIFE SETTLEMENTS, LLC, as Borrower NOTEHOLDERS PARTY HERETO, as Lenders LORD SECURITIES CORPORATION, as Trustee and GWG LIFENOTES TRUST, as Secured PartyNote Issuance and Security Agreement • April 30th, 2012 • GWG Holdings, Inc. • Life insurance • New York
THIS THIRD AMENDED AND RESTATED NOTE ISSUANCE AND SECURITY AGREEMENT is made and entered into as of November 1, 2011, among GWG LIFE SETTLEMENTS, LLC, a Delaware limited liability company (the “Borrower”), the note holders made party hereto as lenders (the “Lenders”), GWG LifeNotes Trust, a Minnesota trust (“GWG Trust”) and Lord Securities Corporation, a Delaware corporation (“GWG Trustee”).
SUPERPRIORITY SECURED DEBTOR-IN-POSSESSION CREDIT AND GUARANTY AGREEMENTSuperpriority Secured Debtor-in-Possession Credit and Guaranty Agreement • December 19th, 2022 • GWG Holdings, Inc. • Life insurance • New York
THIS SUPERPRIORITY SECURED DEBTOR-IN-POSSESSION CREDIT AND GUARANTY AGREEMENT, dated as of December 15, 2022 (this “Agreement”), is by and among GWG Holdings, Inc., a Delaware corporation (“Holdings”), GWG Life, LLC, a Delaware limited liability company (“GWG Life”), GWG DLP FUNDING IV, LLC, a Delaware limited liability company (“DLP IV”), GWG DLP FUNDING VI, LLC, a Delaware limited liability company (“DLP VI” and together with Holdings, GWG Life and DLP IV, individually, collectively and in all combinations, the “Borrower”), CERTAIN SUBSIDIARIES OF THE BORROWER party hereto from time to time, as Guarantor Subsidiaries, the LENDERS party hereto and VIDA INSURANCE CREDIT OPPORTUNITY FUND iii gp, llc, a Delaware limited liability company (“Vida”), as Administrative Agent and Collateral Agent.
INTERCREDITOR AGREEMENT by and between HCLP NOMINEES, L.L.C., as Senior Lender, and GWG LIFE, LLC, as Mezzanine Lender Dated as of May 31, 2019Intercreditor Agreement • June 6th, 2019 • GWG Holdings, Inc. • Life insurance • New York
THIS INTERCREDITOR AGREEMENT (this “Agreement”), dated as of May 31, 2019 by and between HCLP NOMINEES, L.L.C., a Delaware limited liability company (together with its successors and assigns, “Senior Lender”), and GWG LIFE, LLC, a Delaware limited liability company (together with its successors and assigns, “Mezzanine Lender”).
GWG HOLDINGS, INC., AND THE TRUST ADVISORS TO THE SELLER TRUSTS LISTED ON SCHEDULE A HERETO ORDERLY MARKETING AGREEMENT December 27, 2018 ORDERLY MARKETING AGREEMENTOrderly Marketing Agreement • January 4th, 2019 • GWG Holdings, Inc. • Life insurance • New York
THIS ORDERLY MARKETING AGREEMENT (the “OMA”) is entered into on December 27, 2018 (the “Effective Date”) by and among GWG Holdings, Inc., a Delaware corporation (“GWG”), and the Trust Advisors to the Seller Trusts listed on Schedule A hereto (the “Trust Advisors”), and any other person or entity that becomes a party to this Agreement by executing and delivering a joinder hereto in the form attached as Exhibit A. Each of GWG and the Trust Advisors may be referred to herein as a “Party” and collectively as the “Parties.”
GWG Holdings, Inc. 1,250,000 Shares Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • August 22nd, 2014 • GWG Holdings, Inc. • Life insurance • New York
GWG Holdings, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions of this Underwriting Agreement (this “Agreement”), to issue and sell to the public through Newport Coast Securities, Inc. (the “Representative”), who is acting as the representative of the several underwriters (the “Underwriters”) listed on Schedule I hereto, on a best efforts basis, an aggregate of up to 1,250,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”).
GENERAL REAFFIRMATION AND MODIFICATION AGREEMENTGeneral Reaffirmation and Modification Agreement • February 6th, 2013 • GWG Holdings, Inc. • Life insurance • New York
This General Reaffirmation and Modification Agreement (this “Agreement”) is made as of January 25, 2013 between GWG HOLDINGS, INC., a Delaware corporation (the “Company”) and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK (“DZ Bank”), as agent (in such capacity, the “Administrative Agent”) for the Lenders from time to time parties to that certain Amended and Restated Credit and Security Agreement dated as of the date hereof among the Company, GWG DLP Funding II, LLC, as Borrower, GWG Life Settlements, LLC, as Seller, Autobahn Funding Company LLC, as Conduit Lender, and DZ Bank, as Agent and as Committed Lender (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), which Credit Agreement amends and restates in its entirety that certain Credit and Security Agreement dated as of July 15, 2008 among the Company, certain other GWG Parties (as defined in the Credit Agreement), the Departing GWG Parties (as defined in the Credit Agreement), Auto
Employment AgreementEmployment Agreement • September 20th, 2011 • GWG Holdings, Inc. • Life insurance • Minnesota
This Agreement is effective June 1, 2011 by and between GWG Life Settlement, LLC a Delaware limited liability corporation hereinafter called (“Employer”) and Jon Sabes, an individual (hereinafter called “Employee”).
INTERCREDITOR AGREEMENTIntercreditor Agreement • October 20th, 2011 • GWG Holdings, Inc. • Life insurance • Delaware
THIS INTERCREDITOR AGREEMENT is dated as of October 19, 2011, and entered into by and among GWG Lifenotes Trust, a Minnesota trust in its capacity as the representative of the holders of Notes (as defined below) (including its successors and assigns from time to time, the “GWG Trust”), Lord Securities Corporation, a Delaware corporation in its capacity as the trustee of the GWG Trust (including its successors and assigns from time to time, the “GWG Trustee,” and together with the GWG Trust, collectively referred to herein as the “Notes Representative”), and Bank of Utah, a Utah corporation in its capacity, as applicable, as (i) collateral trustee for the Debentures (as defined below) and (ii) indenture trustee under the Indenture (as defined below) (in each case including its successors and assigns from time to time, the “Debentures Representative”). Capitalized terms used herein but not otherwise defined herein have the meanings set forth in Section 1 below.
EMPLOYMENT AGREEMENTEmployment Agreement • June 6th, 2019 • GWG Holdings, Inc. • Life insurance • Minnesota
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into on this 31st day of May, 2019, by and between GWG Holdings, Inc., a Delaware corporation (the Company”) and Murray T. Holland (the “Executive”).
ContractLimited Partnership Agreement • November 10th, 2021 • GWG Holdings, Inc. • Life insurance • Delaware
Certain identified information has been excluded from this exhibit because it is both not material and is the type of information that the registrant treats as private or confidential. The omitted information is marked with “[*].”
SECURITY AGREEMENT By GWG DLP FUNDING HOLDINGS VI, LLC, as the Pledgor, and NATIONAL FOUNDERS LP, as Administrative Agent on behalf of the Secured Parties Dated as of August 11, 2021Security Agreement • November 5th, 2021 • GWG Holdings, Inc. • Life insurance • New York
This SECURITY AGREEMENT dated as of August 11, 2021 (this “Agreement”) is made by GWG DLP FUNDING HOLDINGS VI, LLC, a Delaware limited liability company (the “Pledgor”), as pledgor, assignor and debtor, in favor of NATIONAL FOUNDERS LP, in its capacity as the administrative agent under the Credit Agreement referenced below (in such capacity and together with any successor in such capacity, the “Administrative Agent”), as pledgee, assignee and secured party.
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 14th, 2018 • GWG Holdings, Inc. • Life insurance • Delaware
THIS REGISTRATION RIGHTS AGREEMENT, dated as of August 10, 2018 (this “Agreement”), is made and entered into by and among The Beneficient Company Group, L.P., a Delaware limited partnership (the “Company”) and GWG Holdings, Inc., a Delaware corporation (“GWG”).
COMMERCIAL LOAN AGREEMENTCommercial Loan Agreement • August 14th, 2018 • GWG Holdings, Inc. • Life insurance • New York
THIS COMMERCIAL LOAN AGREEMENT (the “Commercial Loan Agreement” or this “Agreement”) is entered into as of August 10, 2018 (the “Effective Date”), by and between The Beneficient Company Group, L.P., a limited partnership organized under the laws of the State of Delaware, as Borrower, and GWG Life, LLC, a limited liability company organized under the laws of the State of Delaware, as Lender. The Borrower and the Lender are sometimes referred to herein as the “Parties” and each, a “Party.”
DEBTOR-IN-POSSESSION SECURITY AGREEMENT dated as of December 15, 2022 among GWG HOLDINGS, INC., GWG LIFE, LLC, GWG DLP FUNDING IV, LLC and GWG DLP FUNDING VI, LLC and CERTAIN SUBSIDIARIES OF GWG HOLDINGS, INC. and GWG LIFE, LLC IDENTIFIED HEREIN,...Security Agreement • December 19th, 2022 • GWG Holdings, Inc. • Life insurance • New York
This DEBTOR-IN-POSSESSION SECURITY AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”), dated as of December 15, 2022, is made by and among GWG HOLDINGS, INC., a Delaware corporation and a debtor and debtor-in-possession in a case pending under Chapter 11 of the Bankruptcy Code (as defined in the Credit Agreement (as defined below)) (“Holdings”), GWG LIFE, LLC, a Delaware limited liability company and a debtor and debtor-in-possession in a case pending under Chapter 11 of the Bankruptcy Code (“GWG Life”), GWG DLP FUNDING IV, LLC, a Delaware limited liability company and a debtor and debtor-in-possession in a case pending under Chapter 11 of the Bankruptcy Code (“DLP IV”), GWG DLP VI, LLC, a Delaware limited liability company and a debtor and debtor-in-possession in a case pending under Chapter 11 of the Bankruptcy Code (“DLP VI”, and together with Holdings, GWG Life and DLP IV, individually, collectively and in
SOLICITING DEALER AGREEMENT WITH EMERSON EQUITY, LLC GWG HOLDINGS, INC. CONTINOUS OFFERING UP TO 2,000,000 UNITS OF L BONDSSoliciting Dealer Agreement • May 15th, 2020 • GWG Holdings, Inc. • Life insurance
Emerson Equity, LLC (the “Dealer Manager”) entered into a dealer manager agreement, dated as of ____________, 2020 (the “Dealer Manager Agreement”), with GWG Holdings, Inc., a Delaware corporation (the “Company”), under which the Dealer Manager agreed to use its best efforts to solicit subscriptions in connection with the public offering (the “Offering”) for up to 2,000,000 units of L Bonds (the “L Bonds” or “Units”) at a public offering price of $1,000 per Unit, representing $2,000,000,000 in aggregate principal amount of L Bonds. The Offering will commence on the initial Effective Date (as defined below). Unless otherwise defined herein, capitalized terms used herein shall have the respective meanings therefor as in the Dealer Manager Agreement.
ADDENDUM NO. 1. TO SUB-SUBLEASE AGREEMENTSub-Sublease Agreement • July 26th, 2011 • GWG Holdings, Inc. • Life insurance • Minnesota
THIS ADDENDUM TO SUB-SUBLEASE AGREEMENT is entered into this 17th day of January, 2011, but effective as of July 14, 2008, by Opportunity Finance, LLC (the “Sublessee” or “Assignor”), and GWG Life, LLC (the “Assignee”).
Performance Share UNIT Agreement (Performance-based Vesting) (Fiscal 2019-2021 Awards)Performance Share Unit Agreement • June 6th, 2019 • GWG Holdings, Inc. • Life insurance • Minnesota
THIS PERFORMANCE SHARE UNIT AGREEMENT (the “Agreement”) made effective as of May 31, 2019 (the “Grant Date”), is by and between GWG Holdings, Inc., a Delaware corporation (the “Company”), and Murray T. Holland (the “Employee”).
AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • April 30th, 2019 • GWG Holdings, Inc. • Life insurance • Delaware
This Consent and Joinder to Amended and Restated Pledge and Security Agreement (this “Consent and Joinder”) is entered into as of April 26, 2019 (the “Effective Date”), by and among Jon R. Sabes and Steven F. Sabes (collectively, the “Individual Grantors”), Beneficient Capital Company, L.L.C., a Delaware limited liability company (“BCC”), AltiVerse Capital Markets, L.L.C., a Delaware limited liability company (“AltiVerse”), and Bank of Utah, solely in its capacities as indenture trustee under the Indenture (as defined below) and collateral trustee under the Security Agreement (as defined below) (the “Trustee”), for the benefit of the holders of L Bonds issued by GWG Holdings, Inc., a Delaware corporation (“Holdings”) under the Indenture and guaranteed by GWG Life, LLC, a Delaware limited liability company (“GWG Life,” and referred to collectively with Holdings as the “Entity Grantors”).
FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF BENEFICIENT COMPANY HOLDINGS, L.P. Dated as of April 26, 2019Limited Partnership Agreement • September 3rd, 2019 • GWG Holdings, Inc. • Life insurance • Delaware
This FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT (this “Agreement”) of Beneficient Company Holdings, L.P. (the “Partnership”) is made as of the 26th day of April, 2019, by and among The Beneficient Company Group, L.P., a limited partnership formed under the laws of the State of Delaware, as general partner, and the Limited Partners (as defined herein) of the Partnership.
GWG HOLDINGS, INC. EXECUTIVE STOCK OPTION AGREEMENTExecutive Stock Option Agreement • June 30th, 2017 • GWG Holdings, Inc. • Life insurance • Minnesota
This Executive Stock Option Agreement (this “Agreement”) is made and entered into as of June 29, 2017, by and between GWG Holdings, Inc., a Delaware corporation (the “Company”), and William B. Acheson (“Optionee”), an executive officer of the Company or one of its subsidiaries.
STOCKHOLDERS AGREEMENTStockholders Agreement • January 4th, 2019 • GWG Holdings, Inc. • Life insurance • Delaware
THIS STOCKHOLDERS AGREEMENT, dated as of December 27, 2018, is made and entered into by and among GWG Holdings, Inc., a Delaware corporation (the “Company”), and each of the EXCHANGE TRUSTS set out on Schedule I (together with such additional Exchange Trusts that become a party hereto by joinder prior to the Second Closing, each a “Seller Trust” and collectively the “Seller Trusts”), and as agreed to and accepted by Murray T. Holland and Jeffrey S. Hinkle as trust advisors to the Seller Trusts (the “Trust Advisors”), and any other person or entity that becomes a party to this Agreement by executing and delivering a joinder to this Agreement in the form attached hereto as Exhibit A.
Independent Director AGREEMENTIndependent Director Agreement • June 27th, 2022 • GWG Holdings, Inc. • Life insurance • Delaware
THIS INDEPENDENT DIRECTOR AGREEMENT (the “Agreement”) is made as of June 14, 2022, by and between GWG Holdings, Inc. a Delaware corporation (the “Company”), and Jeffrey S. Stein (“Director”). The Company and Director are referred to herein each as a “Party” and collectively the “Parties.”
FIRST AMENDMENT TO PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • April 30th, 2012 • GWG Holdings, Inc. • Life insurance
This First Amendment to Pledge and Security Agreement (this “Amendment”) is entered into effective as of December 15, 2011 (the “Effective Date”), by and among the undersigned parties for the purpose of amending certain provisions of that certain Pledge and Security Agreement dated as of October 19, 2011 (the “Pledge and Security Agreement”). The undersigned parties hereby agree as follows:
SECOND WAIVER AND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • July 1st, 2022 • GWG Holdings, Inc. • Life insurance • New York
This Second Waiver and Amendment to Credit Agreement, dated and effective as of June 28, 2022 (this “Amendment”), is between GWG DLP Funding VI, LLC, a Delaware limited liability company (the “Borrower”), and National Founders LP, a Delaware limited partnership (“National Founders”), in its individual capacity as the sole Lender (as defined below) under the Credit Agreement referenced below and in its capacity as the administrative agent under the Credit Agreement (in such latter capacity, the “Administrative Agent”).
CREDIT AGREEMENT Dated as of August 11, 2021 among GWG DLP FUNDING VI, LLC, as the Borrower, THE LENDERS PARTY HERETO and NATIONAL FOUNDERS LP, as the Administrative AgentCredit Agreement • November 5th, 2021 • GWG Holdings, Inc. • Life insurance • New York
This Credit Agreement (this “Agreement”) is entered into as of August 11, 2021 (the “Closing Date”), among GWG DLP Funding VI, LLC, a Delaware limited liability company (the “Borrower”), each lender from time to time party hereto (each, a “Lender”) and National Founders LP, a Delaware limited partnership (“National Founders”), as the Administrative Agent.
Employment AgreementEmployment Agreement • September 20th, 2011 • GWG Holdings, Inc. • Life insurance • Minnesota
This Agreement is effective June 1, 2011 by and between GWG Life Settlement, LLC a Delaware limited liability corporation and GWG Holdings, Inc., hereinafter collectively called (“Employer”) and Paul Siegert, an individual (hereinafter called “Employee”).
SUPPLEMENTAL INDENTURE dated as of August 10, 2018 to AMENDED AND RESTATED INDENTURE dated as of October 23, 2017, as amended by and among GWG HOLDINGS, INC., as obligor, GWG LIFE, LLC, as Guarantor, and BANK OF UTAH, as trustee Seller Trust L Bonds...Indenture • August 14th, 2018 • GWG Holdings, Inc. • Life insurance • New York
THIS SUPPLEMENTAL INDENTURE, dated as of August 10, 2018, is by and among GWG Holdings, Inc., a Delaware corporation (the “Company”), GWG Life, LLC, a Delaware limited liability company (the “Guarantor”), and Bank of Utah, as trustee (the “Trustee”).
