SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 8th, 2023 • Tiptree Inc. • Fire, marine & casualty insurance • New York
THIS CREDIT AGREEMENT (this “Agreement”) is made and entered into as of October 16, 2020, by and among SOUTH BAY ACCEPTANCE CORPORATION, a corporation incorporated under the laws of the State of California (“SBAC”), and SOUTH BAY FUNDING LLC, a limited liability company organized under the laws of the State of Delaware (“SBF”, and together with SBAC, each, a “Borrower” and collectively, the “Borrowers”), the Guarantors (as defined below) from time to time party hereto, the several banks and other financial institutions and lenders from time to time party hereto (the “Lenders”), and FIFTH THIRD BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent for the Lenders (the “Administrative Agent”).
AMENDED AND RESTATED EXECUTIVE SEPARATION AND TRANSITION AGREEMENT RECITALS:Executive Separation and Transition Agreement • March 8th, 2023 • Tiptree Inc. • Fire, marine & casualty insurance • New York
WHEREAS, the Company and Executive are parties to that certain Executive Separation and Transition Agreement, dated as of October 14, 2022 (the “Original Agreement”), between Tiptree Inc., a Maryland corporation (the “Company” or “Tiptree”), and Sandra Bell, an individual (“Executive” and, together with Tiptree Inc., the “Parties”); and
