STOCK PURCHASE AGREEMENT BY AND among Hilltop Holdings Inc., ARC Insurance Holdings, Inc., Align NL Holdings, LLC, and, solely for the purposes specified herein, Align Financial Holdings, LLC and, solely for the purposes specified in Section 5(b)(i)...Stock Purchase Agreement • February 5th, 2020 • Hilltop Holdings Inc. • State commercial banks • Texas
This Stock Purchase Agreement (this “Agreement”) is entered into as of January 30, 2020, by and among Hilltop Holdings Inc., a Maryland corporation (“Hilltop”), ARC Insurance Holdings, Inc., a Delaware corporation and a direct wholly owned subsidiary of Hilltop (“ARC Insurance Holdings,” and collectively with Hilltop, “Seller”), Align NL Holdings, LLC, a Delaware limited liability company (“Buyer”), solely for purposes of Section 3(b) and Section 11(q) herein (the “Parent Sections”), Align Financial Holdings, LLC, a Delaware limited liability company (“Parent”), and solely for purposes of Section 5(b)(i) herein, MGI Holdings, Inc., a Delaware corporation (“MGI”). Buyer and Seller are each referred to herein as a “Party” and collectively as the “Parties.”
