PURCHASE AND SALE AGREEMENT AMONG HUB INTERNATIONAL LIMITED, HUB INTERNATIONAL FLORIDA, INC. FORTUN INSURANCE AGENCY, INC., ABCO INSURANCE UNDERWRITERS, INC., AMERICAN INSPECTION & LOSS CONTROL SERVICES, INC., ABCO PREMIUM FINANCE, INC. AND HECTOR D....Purchase and Sale Agreement • July 10th, 2006 • Hub International LTD • Insurance agents, brokers & service • Florida
PURCHASE AND SALE AGREEMENT, dated as of July 7, 2006 (this “Agreement”), among (i) Hub International Limited, a corporation continued under the laws of Canada (“Hub”), (ii) Hub International Florida, Inc., a Florida corporation (“Buyer”), (iii) Fortun Insurance Agency, Inc., a Florida corporation (“Fortun Insurance”), (iv) ABCO Insurance Underwriters, Inc., a Florida corporation (“ABCO Insurance”), (v) American Inspection & Loss Control Services, Inc., a Florida corporation (“American Inspection”), (vi) ABCO Premium Finance, Inc., a Florida corporation (“Premium Finance”), and (vii) Hector D. Fortun, an individual residing in Florida (“Hector Fortun”). Fortun Insurance, ABCO Insurance and American Inspection sometimes are referred to herein collectively as the “Selling Companies” and individually as a “Selling Company.” The Selling Companies and Premium Finance sometimes are referred to herein collectively as the “Companies” and individually as a “Company.” The Selling Companies and H
