0001840776-23-000021 Sample Contracts

AMENDED AND RESTATED EXCHANGE AGREEMENT
Exchange Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service • Delaware

AMENDED AND RESTATED EXCHANGE AGREEMENT (this “Agreement”), originally dated as of December 2, 2021 and amended and restated as of March 23, 2022 (the “Effective Date”), by and among Hagerty, Inc., a Delaware corporation (the “Corporation”), The Hagerty Group, LLC, a Delaware limited liability company (together with any successor thereto, “OpCo”), Hagerty Holding Corp., a Delaware close corporation (“HHC”), Markel Corporation, a Virginia corporation (“Markel”), and each of HHC’s and Markel’s Qualified Transferees (as defined below) as such Qualified Transferees may become holders of Units (as defined herein).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is made by THE HAGERTY GROUP, LLC, a Delaware limited liability company (“Company”), and Kenneth H. Ahn (“Executive”). As used in this Agreement, the term “Affiliate” means any entity controlling, controlled by or under common control with the Company.

EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by THE HAGERTY GROUP, LLC, a Delaware limited liability company (“Company”), and Kenneth H. Ahn (“Executive”). As used in this Agreement, the term “Affiliate” means any entity controlling, controlled by or under common control with the Company and the Company’s subsidiaries; however, as of the date of this Agreement, Affiliate specifically excludes Broad Arrow Group, Inc. and Broad Arrow Holdings LLC and any entity which is an owner, subsidiary or affiliate of either (collectively, “BAG”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service

This Amendment to Employment Agreement (the “Amendment”), dated as of January 1, 2023, is entered into by and among Hagerty, Inc., a Delaware corporation (“Company”), and Patrick McClymont (“Executive”), also referred to as the "Parties", and each, a "Party".

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service

This Amendment to Employment Agreement (the “Amendment”), dated as of March 10, 2023, is entered into by and among The Hagerty Group, LLC, a Delaware limited liability company (“Company”), and McKeel O Hagerty (“Executive”), also referred to as the "Parties", and each, a "Party".

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2023 • Hagerty, Inc. • Insurance agents, brokers & service

This Amendment to Employment Agreement (the “Amendment”), dated as of January 1, 2023, is entered into by and among The Hagerty Group, LLC, a Delaware limited liability company (“Company”), and Paul E. Rehrig (“Executive”), also referred to as the "Parties", and each, a "Party".

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