Participating Option Agreement Sample Contracts

The Beneficient Company Group, L.P. Participating Option to Acquire Common Units

Participating Option Agreement • January 4th, 2019 • GWG Holdings, Inc. • Life insurance • Delaware

• Contract Type
  Participating Option Agreement
• Filed
  January 4th, 2019
• Company
  GWG Holdings, Inc.
• Industry
  Life insurance
• Jurisdiction
  Delaware

This Participating Option Agreement (the “Participating Option”) sets out the terms and conditions applicable to the option to acquire Common Units (as defined in the Amended and Restated Limited Partnership Agreement of The Beneficient Company Group, L.P. (the “BEN LPA”), dated as of September 1, 2017) (the “Options”) granted by The Beneficient Company Group, L.P. (the “Optionor”), a Delaware limited partnership, to GWG Holdings, Inc., a Delaware corporation (the “Optionee”). This Participating Option, which includes the attached addendum (the “Addendum”) and Confirmation (the “Confirmation”), as may be amended from time to time (collectively, the “Agreement”) shall come into effect as of December 27, 2018. The terms defined in the Definitions set forth in the Addendum will have the meanings given there for the purpose of this Agreement.

The Beneficient Company Group, L.P. Participating Option to Acquire Common Units

Participating Option Agreement • December 9th, 2022 • Beneficient Co Group, L.P.

• Contract Type
  Participating Option Agreement
• Filed
  December 9th, 2022
• Company
  Beneficient Co Group, L.P.

This Participating Option Agreement (the “ Participating Option ”) sets out the terms and conditions applicable to the option to acquire Common Units (as defined in the Amended and Restated Limited Partnership Agreement of The Beneficient Company Group, L.P. (the “ BEN LPA ”), dated as of September 1, 2017) (the “ Options ”) granted by The Beneficient Company Group, L.P. (the “ Optionor ”), a Delaware limited partnership, to GWG Holdings, Inc., a Delaware corporation (the “ Optionee ”). This Participating Option, which includes the attached addendum (the “ Addendum ”) and Confirmation (the “ Confirmation ”), as may be amended from time to time (collectively, the “ Agreement ”) shall come into effect as of December 27, 2018. The terms defined in the Definitions set forth in the Addendum will have the meanings given there for the purpose of this Agreement.