PURCHASE AGREEMENT AMONG CERES GROUP, INC., CONTINENTAL GENERAL INSURANCE COMPANY, LOYAL AMERICAN HOLDING CORPORATION, UNITED TEACHER ASSOCIATES INSURANCE COMPANY, GREAT AMERICAN FINANCIAL RESOURCES, INC., CERES SALES, LLC, AS SELLERS, AND CIGNA...Purchase Agreement • August 8th, 2012 • American Financial Group Inc • Fire, marine & casualty insurance • Delaware
This Purchase Agreement (this “Agreement”) is entered into as of May 10, 2012, by and among Cigna Health and Life Insurance Company, a Connecticut corporation (“Buyer”), Great American Financial Resources, Inc., a Delaware corporation (“GAFRI”), Ceres Group, Inc., a Delaware corporation (“Ceres”), Continental General Insurance Company, an Ohio corporation (“CGIC”), Loyal American Holding Corporation, an Ohio corporation (“LAH”), United Teacher Associates Insurance Company, a Texas corporation (“UTAIC”), and Ceres Sales, LLC, a Delaware limited liability company (“Ceres Sales”) (each of GAFRI, Ceres, CGIC, LAH, UTAIC and Ceres Sales, a “Seller” and collectively, “Sellers”). Buyer and Sellers are referred to herein individually as a “Party” and collectively herein as the “Parties.”
