0001206774-18-001954 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • July 3rd, 2018 • Midwest Holding Inc. • Life insurance • Nebraska

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into, effective as of the 28th day of June, 2018 (the “Effective Date”), by and between A. Michael Salem (hereinafter referred to as the “Executive”), and American Life & Security Corp., a Nebraska corporation (“ALSC”) (hereinafter referred to as the “Employer”).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • July 3rd, 2018 • Midwest Holding Inc. • Life insurance • Nebraska

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into, effective as of the 28th day of June, 2018 (the “Effective Date”), by and between Mark A. Oliver (hereinafter referred to as the “Executive”), and Midwest Holding Inc., a Nebraska corporation (“Midwest”) and American Life & Security Corp., a Nebraska corporation and the wholly owned subsidiary of Midwest (“ALSC”) (hereinafter collectively referred to as the “Employer”).

SECURITY AGREEMENT
Security Agreement • July 3rd, 2018 • Midwest Holding Inc. • Life insurance • Nebraska

THIS SECURITY AGREEMENT, dated as of June 28, 2018 (as may be amended from time to time, this “Agreement”), by MIDWEST HOLDING INC., a Nebraska corporation (the “Borrower”), whose primary business address is 2900 South 70th Street, Lincoln, Nebraska 68506, in favor of XENITH HOLDINGS LLC, a Delaware limited liability company (the “Lender”).

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