0000832480-15-000006 Sample Contracts

JOINT OWNERSHIP AGREEMENT Under Part 91.501(c)(3)
Joint Ownership Agreement • March 25th, 2015 • Utg Inc • Life insurance

into as of the 11th day of August, 2014 (the "Effective Date"), by and among BANDYCO, LLC, FIRST SOUTHERN NATIONAL BANK, and UTG, INC., (each individually an "Owner", collectively, the "Owners") concerning one (1) Cessna 560XL aircraft serial number 560-6095 bearing U.S. registration number N476JC (the "Aircraft"). This Agreement replaces another Joint Ownership Agreement amongst the Owners dated as of September 28th, 2011.

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Contract
Utg Inc • March 25th, 2015 • Life insurance • Tennessee

UTG Avalon, LLC PO Box 5147 Springfield IL 62703 BORROWER'S NAME AND ADDRESS "I" includes each borrower above, jointly and severally. First National Bank of Tennessee Livingston – West Main 1115 West Main Street Livingston, Tennessee 38570 LENDER'S NAME AND ADDRESS "You" means the lender, its successors and assigns. Loan Number 203201857-00001 Date 12/29/2014____________ Maturity Date 04/01/2018_____ Loan Amount $ 4,400,000.00___ Renewal Of _________________

AGREEMENT FOR SYSTEM LICENSE MANAGEMENT DATA, INC. and UTG, Inc. SOFTWARE LICENSE AGREEMENT
Agreement for System License • March 25th, 2015 • Utg Inc • Life insurance • Alabama

This LICENSE AGREEMENT is made this 20th day of February, 2014, between MANAGEMENT DATA, INC., an Alabama Corporation ("CONSULTANT "), and UTG, INC. ("CUSTOMER") on the terms and conditions set forth herein.

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