STANDSTILL AGREEMENTStandstill Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
THIS Standstill Agreement (this “Agreement”) is made as of December 2, 2019 (the “Effective Date”) by and between FEDNAT HOLDING COMPANY, a Florida corporation (“FedNat”), and 1347 Property Insurance Holdings, Inc., a Delaware corporation (“PIH”). Each of FedNat and PIH are, at times, individually referred to herein as a “Party,” and collectively referred to herein as the “Parties.”
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance
This Agreement is made pursuant to the Equity Purchase Agreement dated as of February 25, 2019 by and between the Company, Parent, Maison Managers, Inc., a Delaware corporation, Maison Insurance Company, a Louisiana corporation, and ClaimCor, LLC, a Florida limited liability company (the “Purchase Agreement”).
AGREEMENT REGARDING RESIGNATION AND ACCELERATION OF EQUITY AWARDSAgreement Regarding Resignation and Acceleration of Equity Awards • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
This AGREEMENT (this “Agreement”) is made and entered into on December 2, 2019 by and between 1347 Property Insurance Holdings, Inc., a Delaware corporation (the “Company”), and Dean E. Stroud, an individual (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Florida
This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of December 2, 2019, by and between 1347 Property Insurance Holdings, Inc., a Delaware corporation (the “Company”), and John S. Hill, an individual (the “Executive”).
INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • New York
This investment advisory agreement (this “Agreement”) is made and entered into effective as of December 2, 2019, by and between Fundamental Global Advisors LLC, a Delaware limited liability company (the “Advisor”) and FedNat Holding Company, a Florida corporation (the “Client”).
REINSURANCE CAPACITY RIGHT OF FIRST REFUSAL AGREEMENTReinsurance Capacity Right of First Refusal Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Florida
THIS Reinsurance Capacity Right of First Refusal Agreement (this “Agreement”), dated December 2, 2019 (the “Effective Date”), is entered into by and between FEDNAT Holding Company, a Florida corporation (“FedNat”), and 1347 Property Insurance Holdings Inc., a company organized and existing under the laws of Delaware (“PIH”). Each of FedNat and PIH are, at times, each individually referred to in this Agreement as a “Party,” and collectively referred to in this Agreement as the “Parties.”
TRANSITION SERVICES AGREEMENTTransition Services Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware
THIS TRANSITION SERVICES AGREEMENT (“Agreement”) is hereby made and entered into on this 2nd day of December, 2019 (the “Effective Date”), by and between 1347 PROPERTY INSURANCE HOLDINGS, INC. a Delaware corporation (the “Seller”), and FEDNAT HOLDING COMPANY, a Florida corporation (the “Purchaser”) (each a “Party” and collectively the “Parties”).
