Exhibit 10.2

    

     

    

    EXECUTION VERSION

     

    TRA TERMINATION AGREEMENT

     

    This TRA Termination Agreement (this “Agreement”), is entered into as of July 12, 2020, by and among Health Plan Intermediaries, LLC (“HPI”), Health Plan Intermediaries Sub, LLC (“HPI





        Sub” and, together with HPI, the “Series B Members” and each individually, a “Series B Member”), Benefytt Technologies, Inc. (the “Company”), and Health Plan Intermediaries Holdings, LLC (“Holdings”). The parties to
      this Agreement are referred to herein as the “Parties” or, each individually, as a “Party.” Any capitalized terms used but not defined herein shall have the meanings set forth in the Agreement and Plan of Merger (the “Merger
        Agreement”), dated as of the date hereof, by and among the Company, Daylight Beta Parent Corp., a Delaware corporation (“Parent”), and Daylight Beta Corp., a Delaware corporation and a direct wholly owned Subsidiary of Parent, as the
      Merger Agreement is in effect on the date hereof.

     

    RECITALS

     

    WHEREAS, as of the date hereof, the Series B Members hold such number of the Series B Membership Interests of Holdings (the “Series B Units”) as are set forth next to such Series B Member’s
      name on Exhibit A attached hereto and which collectively represent all outstanding Series B Units;

     

    WHEREAS, the Company, Holdings and the Series B Members are party to that certain Tax Receivable Agreement, dated as of February 13, 2013 (as it may be amended from time to time, the “Tax
        Receivable Agreement”), pursuant to which the Company is obligated to make certain payments to the Series B Members based on the reduction of the Company’s liability for U.S. federal, state and local income taxes arising from adjustments to the
      Company’s basis in its assets and imputed interest;

     

    WHEREAS, pursuant to the Merger Agreement, on the terms and subject to the conditions set forth therein, Merger Sub will be merged with and into the Company (the “Merger”), with the Company
      surviving that Merger as a subsidiary of Parent;

     

    WHEREAS, at the effective time of the Merger (the “Merger Effective Time”), but conditioned upon the occurrence thereof, the Parties desire and intend to definitively agree to the amount of
      the “Early Termination Payment” (as defined in the Tax Receivable Agreement) that will become payable pursuant to the Tax Receivable Agreement in connection with the Merger and for the Tax Receivable Agreement to be terminated by the parties thereto.

     

    NOW, THEREFORE, in consideration of the foregoing and of the representations, warranties, covenants and agreements contained in this Agreement, the Parties, intending to be legally bound, agree as
      follows:

     

    
      
        


    

    
    1.          Termination of Tax Receivable Agreement. Notwithstanding anything to the contrary in the Tax Receivable Agreement, effective immediately
      prior to the Merger Effective Time (but subject to the consummation of the Merger), without the requirement for any further action by any of the Parties, the Tax Receivable Agreement is hereby irrevocably terminated and shall be of no further force
      or effect, and all liabilities and obligations of the Series B Members, the Company, the Surviving Corporation and their respective Affiliates relating thereto shall be irrevocably and unconditionally cancelled, extinguished and waived, other than
      the right of the Series B Members hereunder to receive an aggregate amount in cash equal to $40,014,495 (the “Termination Payment”) from or on behalf of the Company to be paid to each Series B Member in an amount equal to (x) the amount of the
      Termination Payment multiplied by (y) such Series B Member’s percentage ownership of the Series B Units as set forth next to such Series B Member’s name on Exhibit A.  The Series B Members and the
      Company acknowledge and agree that (i) the amount of the Termination Payment was mutually calculated in good faith among them based on the definition of “Early Termination Payment” in the Tax Receivable Agreement, (ii) no party hereto has made any
      representations or warranties with respect to the calculation of the amount of the Termination Payment and (iii) no party shall have any right or liability with respect to such calculation or any deviations of the amount of the Termination Payment
      from the actual amount of the “Early Termination Payment” calculated in accordance with the Tax Receivable Agreement.

     

    2.            Releases.

     

    (a)          IN CONSIDERATION OF THE MUTUAL AGREEMENTS CONTAINED HEREIN, EFFECTIVE AS OF SUCH SERIES B MEMBER’S RECEIPT OF ITS PORTION OF THE TERMINATION
      PAYMENT, EACH OF THE SERIES B MEMBERS, ON BEHALF OF ITSELF AND ITS AFFILIATES (EXCLUDING FOR THIS PURPOSE THE COMPANY AND ITS SUBSIDIARIES) AND SUBSIDIARIES AND ITS AND THEIR RESPECTIVE RELEASING REPRESENTATIVES (AS DEFINED BELOW), FULLY, FINALLY AND
      FOREVER UNCONDITIONALLY AND IRREVOCABLY RELEASES, DISCHARGES AND WAIVES ANY AND ALL ACTIONS, CAUSES OF ACTION, CLAIMS, SUITS, PROCEEDINGS, COSTS OF SUIT, COUNTERCLAIMS, DEBTS, DEMANDS, JUDGMENTS, LIABILITIES, OBLIGATIONS AND ACTIONS FOR LEGAL FEES,
      WHETHER AT LAW, IN TORT, IN EQUITY OR UNDER ANY OTHER THEORY, KNOWN OR UNKNOWN, FORESEEABLE OR UNFORESEEABLE, ASSERTED OR UNASSERTED, MATURED OR UNMATURED, ACCRUED, EXISTING OR NOT, OF WHATEVER KIND OR NATURE, IN ANY JURISDICTION, INCLUDING IN
      ARBITRATION PROCEEDINGS OR ANY OTHER FORUM, WHICH HAVE ARISEN OR MAY ARISE AT ANY TIME IN THE FUTURE UNDER THE TAX RECEIVABLE AGREEMENT AGAINST THE COMPANY, THE SURVIVING CORPORATION, HOLDINGS OR THEIR RESPECTIVE SUBSIDIARIES AND RELEASING
      REPRESENTATIVES.  The term “Releasing Representatives” means the Affiliates, agents, assigns, attorneys, directors, employees, officers, owners, parents, partners, representatives, members, shareholders, heirs, auditors, consultants,
      predecessors, divisions, managers, trustees and advisors (including past, present and future of any and all of the foregoing) of any Party or Person.

     

    (b)         IN CONSIDERATION OF THE MUTUAL AGREEMENTS CONTAINED HEREIN, EFFECTIVE AS OF THE MERGER EFFECTIVE TIME, EACH OF THE COMPANY, THE MANAGING MEMBER,
      THE SURVIVING CORPORATION AND HOLDINGS,  ON BEHALF OF ITSELF AND ITS RESPECTIVE AFFILIATES  AND THEIR RESPECTIVE RELEASING REPRESENTATIVES (AS DEFINED BELOW), FULLY, FINALLY AND FOREVER UNCONDITIONALLY AND IRREVOCABLY RELEASES, DISCHARGES AND WAIVES
      ANY AND ALL ACTIONS, CAUSES OF ACTION, CLAIMS, SUITS, PROCEEDINGS, COSTS OF SUIT, COUNTERCLAIMS, DEBTS, DEMANDS, JUDGMENTS, LIABILITIES, OBLIGATIONS AND ACTIONS FOR LEGAL FEES, WHETHER AT LAW, IN TORT, IN EQUITY OR UNDER ANY OTHER THEORY, KNOWN OR
      UNKNOWN, FORESEEABLE OR UNFORESEEABLE, ASSERTED OR UNASSERTED, MATURED OR UNMATURED, ACCRUED, EXISTING OR NOT, OF WHATEVER KIND OR NATURE, IN ANY JURISDICTION, INCLUDING IN ARBITRATION PROCEEDINGS OR ANY OTHER FORUM, WHICH HAVE ARISEN OR MAY ARISE AT
      ANY TIME IN THE FUTURE UNDER THE TAX RECEIVABLE AGREEMENT AGAINST THE SERIES B MEMBERS AND THEIR RESPECTIVE AFFILIATES, INCLUDING WITHOUT LIMITATION ANY RIGHT TO RECOUP OR OFFSET ANY AMOUNTS WITH RESPECT TO AMOUNTS PREVIOUSLY ALLOCATED OR DISTRIBUTED
      PURSUANT TO THE  HOLDINGS LLC AGREEMENT OR TAX RECEIVABLE AGREEMENT

     

    
      2

      
        


    

    3.           Representations and Warranties of the Series B Members. Each Series B Member hereby represents and warrants to each other Party as
      follows:

     

    (a)          Authority; Binding Nature. Such Series B Member has full limited liability company power and authority to execute and deliver this
      Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby to be consummated by such Series B Member. The execution and delivery of this Agreement by such Series B Member, the performance of such Series B
      Member’s obligations hereunder and the consummation by such Series B Member of the transactions contemplated hereby to be consummated by such Series B Member have been duly and validly authorized by all necessary limited liability company action on
      the part of such Series B Member. No other proceedings on the part of such Series B Member are necessary to approve this Agreement by such Series B Member or to consummate the transactions contemplated hereby to be consummated by such Series B
      Member. This Agreement has been duly and validly executed and delivered by such Series B Member and (assuming due authorization, execution and delivery by the other Parties) constitutes a valid and binding obligation of such Series B Member,
      enforceable against such Series B Member in accordance with its terms (except in all cases as such enforceability may be limited by the Bankruptcy and Equity Exception).  The Series B Members party hereto and the Company are the only parties to the
      Tax Receivable Agreement, and no Person other than the Series B Members and the Company have any rights, entitlements or obligations under the Tax Receivable Agreement. The Series B Members collectively hold all right, title and interest to receive
      payments or other economic benefits under or with respect to the Tax Receivable Agreement and neither Series B Member has transferred or assigned or attempted to transfer or assign, directly or indirectly, any such right, title or interest.

     

    (b)          No Conflicts. Neither the execution and delivery of this Agreement by such Series B Member, nor the performance by such Series B Member
      of its obligations under this Agreement, will (i) contravene, conflict with or constitute or result in a breach or violation of any provision of the organizational documents of such Series B Member, (ii) contravene, conflict with, violate or result
      in any violation under any Law applicable to such Series B Member or any of its properties or assets, (iii) result in the creation by such Series B Member of any Lien upon its Class B Shares or Series B Units, or (iv) with or without the lapse of
      time or the giving of notice or both, result in a breach or violation of or constitute a default under, permit any termination, cancellation, or modification (or right of termination, cancellation, or modification) or result in the creation or
      acceleration of any obligations of the Series B Member under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, permit, lease, agreement or other Contract or obligation to which such Series B
      Member is a party, or by which such Series B Member or any of its properties or assets may be bound or affected, except for, in the case of this clause (iv), any such breaches, violations, conflicts, losses, defaults, terminations,
      cancellations, modifications or accelerations that would not reasonably be expected to prevent the performance by such Series B Member of its obligations under this Agreement.

     

    
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    (c)         Absence of Litigation. As of the date hereof, there is no suit, action, investigation, claim or proceeding pending or, to such Series B
      Member’s knowledge, threatened against or involving or affecting, such Series B Member, its Class B Shares or Series B Units that would reasonably be expected to impair or interfere with the ability of such Series B Member to perform fully its
      obligations hereunder or to consummate on a timely basis and at the times contemplated hereby the transactions contemplated hereby to be consummated by such Series B Member.

     

    (d)         Brokers. No broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or
      other similar fee or commission that is payable by the Company, Holdings, the Surviving Corporation or any of their respective Subsidiaries in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of such
      Series B Member (excluding, for the avoidance of doubt, any such broker, investment banker, financial advisor or other Person retained or engaged by the Company).

     

    (e)         No Other Agreements.  Other than (i) this Agreement (ii) that certain Exchange Agreement, dated as of the date hereof, by and among the
      parties thereto and the other parties thereto and (iii) that certain Third Amended and Restated Limited Liability Company Agreement of Holdings, dated as of February 13, 2013, and (b) that certain Exchange Agreement, dated as of February 13, 2013 and
      that certain Registration Rights Agreement, dated as of February 13, 2013 (as it may be amended from time to time, the “Registration Rights Agreement”) (the agreements listed in this clause (iii), collectively, the “Existing Agreements”),





      no Series B Member or any of their respective Affiliates, Subsidiaries or Releasing Representatives are party to any contract or other legally binding agreement with the Company or any of its Subsidiaries.

     

    4.            Representations and Warranties of the Company and Holdings. The Company and Holdings hereby represent and warrant, severally and not
      jointly, to each other Party as follows:

     

    (a)         Authority; Binding Nature. Such Party has full organizational power and authority to execute and deliver this Agreement, to perform its
      obligations hereunder and to consummate the transactions contemplated hereby to be consummated by such Party. The execution and delivery of this Agreement by such Party, the performance of such Party’s obligations hereunder and the consummation by
      such Party of the transactions contemplated hereby to be consummated by such Party have been duly and validly authorized by all necessary action on the part of such Party. No other proceedings on the part of such Party are necessary to approve this
      Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed and delivered by such Party and (assuming due authorization, execution and delivery by the other Parties) constitutes a valid and
      binding obligation of such Party, enforceable against such Party in accordance with its terms (except in all cases as such enforceability may be limited by the Bankruptcy and Equity Exception).

     

    
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    (b)          No Conflicts. Neither the execution and delivery of this Agreement by such Party, nor the performance by such Party of its obligations
      under this Agreement, will (i) violate any Law applicable to such Party or any of its properties or assets, or (ii) with or without the lapse of time or the giving of notice or both, result in a breach or violation of or constitute a default under,
      permit any termination, cancellation, or modification (or right of termination, cancellation, or modification) of or result in the creation or acceleration of any obligations of the Series B Member under any of the terms, conditions or provisions of
      any note, bond, mortgage, indenture, deed of trust, license, permit, lease, agreement or other Contract or obligation to which such Party is a party, or by which such Party or its respective properties or assets may be bound or affected, except for,
      in the case of this clause (ii), any such breaches, violations, conflicts, losses, defaults, terminations, cancellations, modifications, payments or accelerations that would not reasonably be expected to prevent or interfere with the
      performance by such Party of its obligations under this Agreement.

     

    (c)         Absence of Litigation. As of the date hereof, there is no suit, action, investigation, claim or proceeding pending or, to such Party’s
      knowledge, threatened against or involving or affecting, such Party that would reasonably be expected to impair the ability of such Party to perform fully its obligations hereunder or to consummate on a timely basis the transactions contemplated
      hereby to be consummated by such Party.

     

    5.          Tax Matters.

     

    (a)          No later than five (5) Business Days prior to the Closing Date, each Series B Member shall deliver to the Company a valid IRS Form W-9.

     

    (b)        Each of the Surviving Corporation, Holdings, the Company, the Paying Agent and their respective designees shall be entitled to deduct and withhold
      from the consideration otherwise payable pursuant to this Agreement such amounts as it reasonably determines are required to be deducted and withheld with respect to the making of such payment under the Code or any other applicable state, local or
      foreign Tax Law.  The Parties acknowledge and agree that no such deduction or withholding is required under any Tax Law currently in effect so long as each Series B Member delivers a valid IRS Form W-9 pursuant to Section 5(a).  To the extent
      that amounts are so deducted or withheld and timely remitted to the applicable Governmental Entity, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Person in respect of which such
      deduction and withholding was made by the Surviving Corporation, Holdings, the Company, the Paying Agent or the designee of one of the foregoing, as the case may be. As soon as reasonably practicable prior to making any deduction or withholding
      pursuant to this Section 5(b), the Surviving Corporation, Holdings or the Paying Agent, as the case may be, shall provide written notice to the Series B Members of any anticipated deduction or withholding (together with the legal basis
      therefor) and shall reasonably cooperate in good faith to seek to reduce or eliminate any amounts that would otherwise be deducted or withheld.

     

    
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    6.           Miscellaneous.

     

    (a)        Term. This Agreement shall remain in full force and effect unless and until the Merger Agreement is terminated in accordance with its
      terms. In the event that the Merger Agreement is terminated in accordance with its terms, (i) this Agreement shall automatically and immediately terminate and be of no further force and effect, all without the need for any further action on the part
      of (or notice to) any Party or other Person and (ii) there shall be no liability or obligation hereunder on the part of any Party or any of their respective Affiliates, or any of their respective managers, directors, stockholders, members, partners,
      officers, employees, agents, consultants, accountants, attorneys, investment bankers, financial advisors, representatives, successors or assigns. None of the representations or warranties made by any Party in Section 6 or Section 7
      hereof, as applicable, shall survive the termination of this Agreement.

     

    (b)          Further Actions. Following the date hereof, the Parties shall take all actions and execute and
      deliver to each other and to any third parties (including the Company’s stock transfer agent) all such other documents, certificates and instruments as may be reasonably requested by a Party and reasonably necessary to give effect to the transactions
      contemplated hereby, including delivering all such documents, certificates and instruments and taking all such further actions as shall be necessary in order to cause the Specified Exchange to be effected at the Effective Time.

     

    (c)          Amendments and Waivers. This Agreement may not be amended, supplemented or otherwise modified
      in any manner, whether by course of conduct or otherwise, except by an instrument in writing specifically designated as an amendment hereto, signed on behalf of each of the Parties. No failure on the part of any Party to exercise any power, right,
      privilege or remedy under this Agreement, and no delay on the part of any Party in exercising any power, right, privilege or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial
      exercise of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. Any agreement on the part of a Party to any such waiver shall be valid only if set forth in
      a written instrument signed on behalf of such Party, but such waiver or failure to insist on strict compliance with an obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other
      failure.

     

    (d)         Counterparts. This Agreement may be executed in any number of counterparts (including by
      facsimile or by attachment to electronic mail in portable document format (PDF)), each such counterpart being deemed to be an original instrument, and all such counterparts, taken together, shall constitute one and the same agreement, and shall
      become effective when one or more counterparts have been signed by each of the Parties and delivered to the other Parties hereto.

     

    (e)        Applicable Law; Jurisdiction; Waiver of Jury Trial. This Agreement, and any Action, dispute or other controversy arising out of or
      relating hereto shall be governed by, and construed in accordance with, the Laws of the State of Delaware, without regard to any applicable conflicts or choice of law principles thereof. Each of the Parties hereby irrevocably and unconditionally (1) consents to submit itself to the personal jurisdiction of the Court of Chancery of the State of Delaware or, if such court lacks subject matter jurisdiction, any federal court located in the State of Delaware in the
      event of any dispute arising out of or related to this Agreement or any of the transactions contemplated hereby, (2) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request
      for leave from any such court, (3) agrees that it will not, and waives any right to, bring any Action relating to or arising out of this Agreement or any of the transactions contemplated hereby in any court other than
      the Court of Chancery of the State of Delaware or, if such court lacks subject matter jurisdiction, any federal court located in the State of Delaware, and (4) waives any objection that it may now or hereafter have to
      the venue of any such Action in the Court of Chancery of the State of Delaware or, if such court lacks subject matter jurisdiction, any federal court located in the State of Delaware or that such Action was brought in an inconvenient forum and agrees
      not to plead or claim the same. Each of the Parties hereby agrees that and consents to service of any process, summons, notice or document by U.S. registered mail to the respective addresses set forth in Section 9(g) shall be effective service of process for any Action in connection with this Agreement or the transactions contemplated hereby.

     

    
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    (f)          EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
      ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR THE TRANSACTIONS
      CONTEMPLATED BY THIS AGREEMENT.  NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY.  EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY
      WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) EACH SUCH PARTY MAKES THIS WAIVER VOLUNTARILY AND (iv) EACH SUCH PARTY HAS BEEN
      INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9(f).

     

    (g)         Notices. Notices, requests, instructions or other documents to be given under this Agreement
      shall be in writing and shall be deemed given, (i) when delivered, if delivered personally to the intended recipient, (ii) when sent by email (without any “bounceback” or other notice of nondelivery) and (iii) one (1) Business Day later, if sent by
      overnight delivery via a national courier service (providing proof of delivery), and in each case, addressed to a Party at the following address for such Party:

     

    (i)           if to either Series B Member, to:

     

    16221 Villarreal de Avila

    Tampa, FL 33613

    Attention: Michael W. Kosloske

    Email: mwkosloske@gmail.com

    

    

    With copies (which shall not constitute notice) to:

     

    Morgan, Lewis & Bockius LLP

    1701 Market Street

    Philadelphia, PA 19103

    Attention:Justin W. Chairman, Esquire

    Email:justin.chairman@morganlewis.com

    

    

    
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    (ii)         if to the Company or Holdings, to:

     

    Benefytt Technologies, Inc.

    3450 Buschwood Park Drive

    Suite 200

    Tampa, Florida 33618

    Attention: Erik Helding

    Email:   heldinge@bfyt.com

    

    

    With a copy (which shall not constitute notice) to:

    

    

    Weil, Gotshal & Manges LLP

    767 Fifth Avenue

    New York, NY 10153

    Attention:     Michael J. Aiello

    Eoghan P. Keenan

    Fax:               (212) 310-8007

    Email:            michael.aiello@weil.com

    eoghan.keenan@weil.com

    

    

    (h)         Entire Agreement. This Agreement (including the documents and the instruments referred to herein) constitutes the entire agreement among
      the Parties, and supersedes all prior agreements, understandings, representations and warranties, both written and oral among the Parties, with respect to the subject matter hereof.  In the event of any conflict between any provision of this
      Agreement and any provisions of any of the Existing Agreements, the provisions of this Agreement shall control.

     

    (i)          Assignment; Third Party Beneficiaries; Transferees. Neither this Agreement nor any of the rights, interests or obligations hereunder may
      be assigned, directly or indirectly, in whole or in part (whether by operation of Law or otherwise) by any of the Parties without the prior written consent of the other Parties. Any purported assignment in contravention of this Section 9(i)
      shall be null and void ab initio. Subject to the preceding two sentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the Parties and their respective successors and
      permitted assigns. No assignment by any Party shall relieve such assigning Party of any of its obligations hereunder. This Agreement (including the documents and instruments referred to herein) is not intended to and does not confer upon any Person
      (other than the Parties) any rights or remedies hereunder, including the right to rely upon the representations and warranties set forth herein.

     

    (j)         Severability. The provisions of this Agreement shall be deemed severable and in the event any
      court of competent jurisdiction or arbitral panel finds any provision hereof to be invalid or unenforceable, such invalidity or enforceability shall not affect the validity or enforceability of the other provisions hereof so long as the economic,
      risk allocation, limitation of liability or legal substance of the transaction contemplated by this Agreement is not affected in any manner materially adverse to any party. Whenever possible, each provision or portion of any provision of this
      Agreement shall be interpreted in such manner as to be effective and valid under applicable Law, but if any provision or portion of any provision of this Agreement, or the application thereof to any Person or circumstance, is held to be invalid,
      illegal or unenforceable in any respect under any applicable Law in any jurisdiction, (i) a suitable and equitable provision negotiated in good faith by the Parties shall be substituted therefor in order to carry out, so far as may be valid and
      enforceable, the intent and purpose of such invalid or unenforceable provision and (ii) the remainder of this Agreement and the application of such provision to other Persons or circumstances shall not, subject to clause (i) above, be affected by
      such invalidity or unenforceability, except as a result of such substitution, nor shall such invalidity or unenforceability affect the validity or enforceability of such provision, or the application thereof, in any other jurisdiction, in each case,
      so long as the economic, risk allocation, limitation of liability or legal substance of the transaction contemplated by this Agreement is not affected in any manner materially adverse to any party.

     

    
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    (k)        Specific Performance. The Parties acknowledge and agree that irreparable damage would occur, and that the Parties would not have an
      adequate remedy at Law, if any of the obligations, undertakings, covenants or agreements of the Parties were not performed in accordance with their specific terms or if any provision hereof were otherwise breached or threatened to be breached.
      Accordingly, the Parties shall be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement by the other Parties, and to enforce specifically the terms and provisions of this Agreement without the necessity
      of proving actual harm or damages or posting a bond or other security therefor, this being in addition to any other remedy to which such Party is entitled at law or in equity, and each Party agrees that it will not oppose the granting of an
      injunction, specific performance or other equitable relief on the basis that any other Party has an adequate remedy at law or that any award of specific performance or other equitable remedy is not an appropriate remedy for any reason at law or in
      equity and waives any requirement under any Law to post security or a bond or similar undertaking as a prerequisite to obtaining equitable relief.

     

    [Signature Page Follows]

     

    
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    IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date first written above by their respective officers thereunto duly authorized.

     

    	 	
            BENEFYTT TECHNOLOGIES, INC.

          
	 	 
	 	
            By:

          	
            /s/ Gavin Southwell

          
	 	 	
            Name: Gavin Southwell

          
	 	 	
            Title: President and Chief Executive Officer

          


     

    	 	
            HEALTH PLAN INTERMEDIARIES HOLDINGS, LLC

          
	 	 
	 	
            By:

          	
            /s/ Gavin Southwell

          
	 	 	
            Name: Gavin Southwell

          
	 	 	
            Title: Authorized Person

          


     

    

    
      [Signature Page to TRA Termination Agreement]

       

        

    

    
      
        


    

    	 	
            HEALTH PLAN INTERMEDIARIES, LLC

          
	 	 
	 	
            By:

          	
            /s/ Michael Kosloske

          
	 	 	
            Name: Michael Kosloske 

          
	 	 	
            Title: Authorized Person

          


     

    	 	
            HEALTH PLAN INTERMEDIARIES SUB, LLC

          
	 	 
	 	
            By:

          	
            /s/ Michael Kosloske

          
	 	 	
            Name: Michael Kosloske 

          
	 	 	
            Title: Authorized Person

          


     

    

    
      [Signature Page to TRA Termination Agreement]

    

     

    

    
      
        


    

    Exhibit A

     

    	
            
              Series B Member

            

          	 	
            
              Number of

              Series B Membership

              Interests

            

          	 	
            
              Number of

              Class B Shares

            

          	 	
            
              Number of

              Class A Shares

            

          
	
            Health Plan Intermediaries, LLC

          	 	
            680,701 (98.99%)

          	 	
            680,701

          	 	
            531,363

          
	 	 	 	 	 	 	 
	
            Health Plan Intermediaries Sub, LLC

          	 	
            6,966 (1.01%)

          	 	
            6,966

          	 	
            13,000