0001193125-21-350407 Sample Contracts

Form of INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • Delaware

This Indemnification Agreement (this “Agreement”) is made as of ________________ by and between Douglas Elliman Inc., a Delaware corporation (the “Company”), and ______________, [a member of the Board of Directors/an officer/an employee/an agent/a fiduciary] of the Company (“Indemnitee”). This Agreement supersedes and replaces any and all previous agreements between the Company (and its predecessors and subsidiaries) and Indemnitee covering indemnification and advancement.

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Form of DISTRIBUTION AGREEMENT by and between VECTOR GROUP LTD. and DOUGLAS ELLIMAN INC. Dated as of [•], 2021
Distribution Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This DISTRIBUTION AGREEMENT (this “Agreement”), dated as of [•], 2021, is entered into by and between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco”). Each of Vector and Spinco is referred to herein as a “Party” and collectively, as the “Parties”.

Form of TRANSITIONAL TRADEMARK LICENSE AGREEMENT
Transitional Trademark License Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This TRANSITIONAL TRADEMARK LICENSE AGREEMENT (this “Agreement”) is made and entered into as of [•]by and between New Valley LLC, a Delaware limited liability company (“Licensor”), and New Valley Ventures LLC, a Delaware limited liability company (“Licensee” and collectively with Licensor, the “Parties”).

Form of EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN VECTOR GROUP LTD. AND DOUGLAS ELLIMAN, INC. Dated as of [•], 2021
Employee Matters Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • New York

THIS EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of [•], 2021, is by and between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco” and, together with Vector, each, a “Party” and collectively, the “Parties”).

Form of TRANSITION SERVICES AGREEMENT by and between VECTOR GROUP LTD. and DOUGLAS ELLIMAN INC. Dated as of [•], 2021
Transition Services Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This TRANSITION SERVICES AGREEMENT, dated as of [•], 2021 (this “Agreement”), between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco”). Each of Vector and Spinco is referred to herein as a “Party” and, collectively, as the “Parties”.

TAX DISAFFILIATION AGREEMENT BETWEEN VECTOR GROUP LTD. AND DOUGLAS ELLIMAN INC. dated as of [ ], 2021
Tax Disaffiliation Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks

THIS TAX DISAFFILIATION AGREEMENT (the “Agreement”) is dated as of [ ], by and between Vector Group Ltd., a Delaware corporation (“Parent”), and Douglas Elliman Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Spinco” and, together with Parent, the “Parties”, and each, a “Party”). Unless otherwise indicated, all “Section” references in this Agreement are to sections of the Agreement.

Form of Non-exclusive Aircraft Lease Agreement]
Aircraft Lease Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks

This NON-EXCLUSIVE AIRCRAFT LEASE AGREEMENT (this “Agreement”) is entered into as of this [ ] day of [ ]2021 (the “Effective Date”), by and between [VECTOR GROUP MEMBER], a Delaware limited liability company (“Lessor”), and [DOUGLAS ELLIMAN GROUP MEMBER], a [Delaware] [corporation] (“Lessee”).

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