TypTap Insurance Group, Inc. Sample Contracts

CERTAIN CONFIDENTIAL INFORMATION, IDENTIFIED BY BRACKETED ASTERISKS "[*****]", HAS BEEN OMITTED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. REINSTATEMENT PREMIUM PROTECTION...
Interests and Liabilities Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe First Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2021 and expiring 12:01 a.m., Standard Time, June 1, 2022, Document Number: UBWP0005 (the “Original Contract”), subject to the terms and conditions herein contained. The Original Contract covers losses under Policies covering direct and assumed business classified by the Company as the property perils of Homeowners, Condominium Owners, Renters and Dwelling, in force at the inception of this Contract, or issued or renewed during the term of this Contract. A copy of the Original Contract is attached to and forms part of this Contract.

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CERTAIN CONFIDENTIAL INFORMATION, IDENTIFIED BY BRACKETED ASTERISKS "[*****]", HAS BEEN OMITTED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. REINSTATEMENT PREMIUM PROTECTION...
Interests and Liabilities Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe First Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2021 and expiring 12:01 a.m., Standard Time, June 1, 2022, Document Number: UBWP0005C (the “Original Contract”), subject to the terms and conditions herein contained. The Original Contract covers losses under Policies covering direct and assumed business classified by the Company as the property perils of Homeowners, Condominium Owners, Renters and Dwelling, in force at the inception of this Contract, or issued or renewed during the term of this Contract. A copy of the Original Contract is attached to and forms part of this Contract.

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

THIS AGREEMENT, dated June 14, 2021, is by and between TypTap Insurance Group, Inc. (the “Company”), a Florida corporation having its principal place of business at 5300 West Cypress Street, Suite 100, Tampa, Florida 33607, and Ankur Bhanderi (the “Executive”).

TYPTAP INSURANCE GROUP, INC. SHAREHOLDERS AGREEMENT February 26, 2021
Shareholders Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This SHAREHOLDERS AGREEMENT (this “Agreement”) is made as of February 26, 2021 (the “Effective Date”), by and among TypTap Insurance Group, Inc., a Florida corporation (the “Company”), CB Snowbird Holdings, L.P., a Delaware limited partnership (“Centerbridge”), HCI Group Inc., a Florida corporation (“Parent”), the Management Shareholders (as defined below) and each other Person who becomes a Shareholder (as defined below) in accordance with the terms of this Agreement. Parent, Centerbridge and any other shareholder of the Company who agrees in writing to become bound by this Agreement following the Effective Date, and each of their respective successors and permitted assignees, are collectively referred to herein as the “Shareholders” and each individually as a “Shareholder.”

PREFERRED STOCK PURCHASE AGREEMENT
Preferred Stock Purchase Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • New York

THIS PREFERRED STOCK PURCHASE AGREEMENT (this “Agreement”), is made as of the 26th day of February, 2021 by and among TypTap Insurance Group, Inc., a Florida corporation (the “Company”), HCI Group, Inc., a Florida corporation (“Parent”), and CB Snowbird Holdings, L.P., a Delaware limited partnership (the “Purchaser”).

COST APPORTIONMENT CONTRACT
Cost Apportionment Contract • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This contract, dated January 4, 2016, is between and among HCI Group, Inc., a Florida corporation (“HCI”), and HCI’s subsidiary corporations and entities (“Affiliated Entities”).

Agreement to Allocate United States Federal Income Tax Liability
Allocation Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This Tax Allocation Agreement is made and entered into by and among HCI Group, Inc. (“Parent”) and each of the subsidiaries listed below (referred to herein individually as a “Subsidiary” and the group of subsidiaries is collectively referred to herein as the “Subsidiaries”).

CLAIMS SERVICES AGREEMENT
Claims Services • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

THIS CLAIMS SERVICES AGREEMENT (together with all exhibits and other attachments hereto, the “Agreement”) is executed on this 1st day of March, 2021 with an effective date of March 1, 2021 (“Effective Date”), by and between Griston Claim Management, Inc. (“Griston”) and TypTap Management Company (“TMC”)(each a “Party” and collectively the “Parties”).

INTERESTS AND LIABILITIES AGREEMENT (the “Agreement”) of TYPTAP INSURANCE COMPANY Tampa, FL (NAIC: 15885) (the “Subscribing Reinsurer”) with respect to the PROPERTY QUOTA SHARE REINSURANCE CONTRACT (the “Contract”) issued to UNITED PROPERTY & CASUALTY...
Interests and Liabilities Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance

The Subscribing Reinsurer shall have a 50.0% share in the interests and liabilities of the “Reinsurer” as set forth in the Contract attached hereto and executed by the Company.

REINSURANCE CONTRACT
Reinsurance Contract • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Non-Florida Property Catastrophe Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2021 and expiring 12:01 a.m., Standard Time, June 1, 2022, Document Number: UBWP0003 (the “Original Contract”), subject to the terms and conditions herein contained. The Original Contract covers losses under Policies covering direct and assumed business classified by the Company as the property perils of Homeowners, Condominium Owners, Renters and Dwelling, in force at the inception of this Contract, or issued or renewed during the term of this Contract. A copy of the Original Contract is attached to and forms part of this Contract.

SOFTWARE LICENSE AND SERVICES AGREEMENT
And Services Agreement • November 8th, 2021 • TypTap Insurance Group, Inc. • Fire, marine & casualty insurance • Florida

THIS SOFTWARE LICENSE AND SERVICES AGREEMENT (together with all exhibits and other attachments hereto, the “Agreement”) is executed on this March 1, 2021 with an effective date of March 1, 2021 (“Effective Date”), by and between Homeowners Choice Managers, Inc. (“HCM”) and Exzeo USA, Inc. (“Exzeo”)(each a “Party” and collectively the “Parties”).

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