SHIFT TECHNOLOGIES, INC. RSU AGREEMENTRsu Agreement • September 18th, 2020 • Insurance Acquisition Corp. • Retail-auto dealers & gasoline stations • Delaware
THIS AGREEMENT (this “Agreement”), dated _____________, 2020 (the “Date of Grant”), between Shift Technologies, Inc., a Delaware corporation (the “Company”), and Cindy Hanford (“Grantee”), is made pursuant and subject to the provisions of the Company’s 2020 Omnibus Equity Compensation Plan (the “Plan”), a copy of which has been made available to the Grantee. All capitalized terms used herein that are not otherwise defined in this Agreement have the same meaning given to them in the Plan.
EMPLOYMENT AGREEMENTEmployment Agreement • September 18th, 2020 • Insurance Acquisition Corp. • Retail-auto dealers & gasoline stations • Delaware
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into on ___________, 2020, effective as of the effective time of the Merger (as defined below) (the “Effective Date”) by and among the Company (as defined below), Shift Platform, Inc. (f/k/a Shift Technologies, Inc.) (“Shift”) and Tobias Russell (the “Executive”), collectively referred to herein as the “Parties.”
ContractBonus Agreement • September 18th, 2020 • Insurance Acquisition Corp. • Retail-auto dealers & gasoline stations
As you know, Shift Technologies, Inc. (the “Company”) is being merged (the “Merger”) with and into IAC Merger Sub, Inc. pursuant to that certain Merger Agreement dated as of June 29, 2020, by and between Shift Technologies, Inc., Insurance Acquisition Corp. and IAC Merger Sub, Inc. (the “Merger Agreement”), pursuant to which the Company will be the surviving entity and will be a wholly owned subsidiary of Insurance Acquisition Corp.
