Agreement to Buyout and ReleaseBuyout and Release Agreement • February 27th, 2015 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
This Agreement to Buyout and Release (this “Agreement”) is entered into between 1347 Advisors LLC, a Delaware limited liability company (“1347 Advisors”), and 1347 Property Insurance Holdings, Inc., a Delaware corporation (“PIH”), and is effective as February 24, 2015. Each of 1347 Advisors and PIH may be referred to individually as a “Party” and collectively as the “Parties”. Unless otherwise stated, all capitalized terms used in this Agreement have the meanings set forth in Section 12 of this Agreement.
PERFORMANCE SHARES GRANT AGREEMENTPerformance Shares Grant Agreement • February 27th, 2015 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
This Performance Shares Grant Agreement (this “Agreement”), dated February 24, 2015, is by and between 1347 Property Insurance Holdings, Inc., a Delaware corporation (the “Company”), and 1347 Advisors LLC, a Delaware limited liability company (“1347 Advisors”). Each of 1347 Advisors and the Company may be referred to individually as a “Party” and collectively as the “Parties”.
ContractPurchase Warrant • February 27th, 2015 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
THIS PURCHASE WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS PURCHASE WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR QUALIFIED UNDER ANY STATE OR FOREIGN SECURITIES LAWS AND MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR ASSIGNED UNLESS (I) A REGISTRATION STATEMENT COVERING SUCH SECURITIES IS EFFECTIVE UNDER THE ACT AND IS QUALIFIED UNDER APPLICABLE STATE AND FOREIGN LAW OR (II) THE TRANSACTION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS UNDER THE ACT AND THE QUALIFICATION REQUIREMENTS UNDER APPLICABLE STATE AND FOREIGN LAW AND AN OPINION SATISFACTORY TO THE COMPANY TO SUCH EFFECT HAS BEEN RENDERED BY COUNSEL.
