EX-10.5
Bamboo Insurance Services, Inc.
MANAGER AGREEMENT
THIS MANAGER AGREEMENT (the “Agreement”) is made as of January 31, 2024, by and between PM Holdings, LLC, a Delaware limited liability company (the “Company”), and William Bloom (“Manager”).
BACKGROUND
WHEREAS, the Company desires and has requested that Manager serve as a member of the board of managers (the “Board”) of the Company;
WHEREAS, the Company and Manager are entering into this Agreement to induce the Manager to serve in the capacity set forth above and to set forth certain understandings between the parties;
WHEREAS, the Company was formed as a Delaware limited liability company under the Delaware Limited Liability Company Act (6 Del. C. Section 18-101, etseq., as amended from time to time) pursuant to the filing of the Certificate of Formation on October 6, 2023;
WHEREAS, WM Pierce Holdings, Inc., a Delaware corporation (the “WTM Member”), as the sole member of the Company, executed a limited liability company agreement effective as of October 6, 2023;
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