Assets of Software Company

Auction Sale of assets of Ebix, Inc., and its seller affiliates (the “Sellers”), consist of the sellers' and certain of their subsidiaries’ North American Life and Annuity assets (the “NA L&A Assets” and such transaction involving the NA L&A Assets, the “NA L&A Sale Transaction”) and/or such other assets (the “Other Assets,” and together with the NA L&A Assets, the “Assets”).

The scope of the Other Assets may include the operations of (i) the sellers' health and wellness and other insurance exchanges business, which offers customers, among other things, continuing medical education, raw claims data automation and sequencing, downloading services, a digital-native risk management and claims administration system, and other support services; (ii) the sellers' risk compliance solutions business, which offers, among other things, specialized project management, system consulting services, claims adjudication and settlement services, and insurance certificate management software and services; and (iii) such other North American assets as are deemed necessary and appropriate to be sold by the sellers in accordance with the terms of the Restructuring Support Agreement.