Common Contracts

AGREEMENT AND PLAN OF MERGER

Merger Agreement • October 17th, 2016 • Connecticut

• Contract Type
  Merger Agreement
• Filed
  October 17th, 2016
• Jurisdiction
  Connecticut

THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of October 7, 2016, is made by and among Vantis Life Insurance Company, a Connecticut life insurance company (the “Company”), The Penn Mutual Life Insurance Company, a mutual insurance company domiciled in the Commonwealth of Pennsylvania (the “Parent”), Welsh Run Corp., a Connecticut corporation and wholly owned subsidiary of Parent (the “Merger Sub”), and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as the representative for Company’s Shareholders (the “Representative”). Parent, the Merger Sub and Company, and, solely in its capacity as and solely to the extent applicable, the Representative, shall be referred to herein from time to time as a “Party” and collectively as the “Parties.” Capitalized terms used and not otherwise defined herein have the meanings set forth in Article I.