STANDBY STOCK PURCHASE AGREEMENTStandby Stock Purchase Agreement • September 18th, 2018 • Federal Life Group, Inc. • Life insurance • Pennsylvania
This STANDBY STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of March 8, 2018, is entered into by and among Federal Life Group, Inc., a Pennsylvania corporation (the “Company”), Federal Life Insurance Company, an Illinois insurance company (“Federal Life”), Federal Life Mutual Holding Company, an Illinois corporation (“FLMHC”), and Insurance Capital Group, LLC (the “Standby Purchaser”).
AMENDMENT NUMBER ONE to REINSURANCE AGREEMENT NUMBER 308-16AY12 between FEDERAL LIFE INSURANCE COMPANY 3750 West Deerfield Road Riverwoods, Illinois 60015 (hereinafter referred to as “THE COMPANY”) and OPTIMUM RE INSURANCE COMPANY 1345 River Bend...Reinsurance Agreement • September 18th, 2018 • Federal Life Group, Inc. • Life insurance
EXECUTIVE AGREEMENTExecutive Agreement • September 18th, 2018 • Federal Life Group, Inc. • Life insurance • Illinois
Agreement made this 3rd day of March 2010 between FEDERAL LIFE INSURANCE COMPANY (MUTUAL), an Illinois mutual life insurance company (hereinafter referred to as the “Company”), and MICHAEL AUSTIN (hereinafter sometimes referred to as the “Executive Vice President”).
ESCROW AGREEMENTEscrow Agreement • September 18th, 2018 • Federal Life Group, Inc. • Life insurance • Massachusetts
This ESCROW AGREEMENT (as the same may be amended or modified from time to time pursuant hereto, this “Agreement”) is made and entered into as of September 12, 2018, by and among Griffin Financial Group, LLC, a Pennsylvania limited liability company (the “Placement Agent”), Federal Life Group, Inc., a Pennsylvania corporation (the “Company”, and together with the Placement Agent, sometimes referred to individually as “Party” or collectively as the “Parties”), Federal Life Insurance Company (“Federal Life”), and Computershare Trust Company, N.A. (the “Escrow Agent”).
Federal Life Group, Inc. Up to 4,600,000 Shares COMMON STOCK ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • September 18th, 2018 • Federal Life Group, Inc. • Life insurance • Pennsylvania
Federal Life Group, Inc., a Pennsylvania business corporation (“HoldCo”), Federal Life Mutual Holding Company, an Illinois mutual holding company (“Federal Life Mutual”), and Federal Life Insurance Company, an Illinois insurance company (“Federal Life” and together with HoldCo and Federal Life Mutual, the “Federal Life Parties”), hereby confirm, jointly and severally, their agreement (the “Agreement”) with Griffin Financial Group, LLC (the “Agent”), as follows:
