AMENDED AND RESTATED CREDIT AGREEMENT among TREAN HOLDINGS LLC, as the Parent Guarantor, TREAN CORPORATION, TREAN COMPSTAR HOLDINGS LLC, and BENCHMARK ADMINISTRATORS, LLC, as the Borrower, The Other Loan Parties from Time to Time Parties Hereto, The...Credit Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • New York
THIS AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is made and entered into as of May 26, 2020, by and among TREAN HOLDINGS LLC, a Delaware limited liability company (“Holdings”), TREAN CORPORATION, a Minnesota corporation (“Trean”), TREAN COMPSTAR HOLDINGS LLC, a Delaware limited liability company (“Trean Compstar”) and BENCHMARK ADMINISTRATORS, LLC (“Benchmark” and together with Trean and Trean Compstar, collectively the “Borrower”), the other Loan Parties (as defined herein) from time to time party hereto, the several banks and other financial institutions and lenders from time to time party hereto (the “Lenders”), and FIRST HORIZON BANK, in its capacity as administrative agent and collateral agent for the Lenders (the “Administrative Agent”) and as swingline lender (the “Swingline Lender”).
INDEMNIFICATION AGREEMENTIndemnification Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
This Indemnification Agreement, dated as of [●], 2020 (this “Agreement”), is entered into between Trean Insurance Group, Inc., a Delaware corporation (the “Company”), and [__________] (“Indemnitee”).
CONTRIBUTION AGREEMENTContribution Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
THIS CONTRIBUTION AGREEMENT (this “Agreement”), is made and entered into as of [•], 2020, by and among Trean Insurance Group, Inc., a Delaware corporation (“Trean”), BIC Holdings LLC, a Delaware limited liability company (“BIC Holdings”) and Trean Holdings LLC, a Delaware limited liability company (“Trean Holdings”). Each of Trean, BIC Holdings and Trean Holdings is referred to individually as a “Party” and collectively with the other Party as the “Parties”.
DIRECTOR NOMINATION AGREEMENTDirector Nomination Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
DIRECTOR NOMINATION AGREEMENT, dated as of , 2020 (this “Agreement”), by and among Trean Insurance Group, Inc., a Delaware corporation (the “Company”), AHP-BHC LLC, AHP-TH LLC, ACP-BHC LLC and ACP TH LLC (collectively, together with their respective Permitted Transferees, the “Altaris Funds”).
REORGANIZATION AGREEMENTReorganization Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
CONTRIBUTION AGREEMENTContribution Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
THIS CONTRIBUTION AGREEMENT (this “Agreement”), is made and entered into as of [•], 2020, by and among Trean Insurance Group, Inc., a Delaware corporation (“Trean”), and Trean Compstar Holdings LLC, a Delaware limited liability company (“Trean Compstar”). Each of Trean and Compstar Holding is referred to individually as a “Party” and collectively with the other Party as the “Parties”.
AGREEMENTAgreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance
This Agreement (this “Agreement”), dated as of June 3, 2020, is entered into by and among Blake Enterprises I, Inc., a Delaware corporation, Blake Enterprises II, Inc., a Delaware corporation, and Blake Enterprises III, Inc., a Delaware corporation (collectively, the “Baker Entities”), Blake Baker, Compstar Holding Company LLC, a Delaware limited liability company (the “Company”), Trean Holdings LLC, a Delaware limited liability company (“Trean”), and Trean Compstar Holdings LLC, a Delaware limited liability company (“Trean Compstar”). Capitalized terms used and not defined in this Agreement shall have the respective meanings ascribed to such terms in the Company’s Limited Liability Company Agreement, dated as of April 2, 2018 (as amended) (the “LLC Agreement”).
TERMINATION AGREEMENTTermination Agreement • June 19th, 2020 • Trean Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware
This TERMINATION AGREEMENT (this “Agreement”), dated as of ________, 2020, is by and among Altaris Capital Partners, LLC, a Delaware limited liability company (“Advisor”), BIC Holdings LLC, a Delaware limited liability company (“BIC Holdings”), Trean Holdings LLC, a Delaware limited liability company (“Trean Holdings”), and Trean Insurance Group, Inc., a Delaware corporation (“Trean Insurance Group”). The parties hereto are referred to herein as the “Parties”.
