Health Insurance Innovations, Inc. entered into a Second Amended and Restated Employment with Michael D. Hershberger. The Amended Employment Agreement provides for the transition of Mr. Hershberger from the positions of interim Chief Financial Officer and Senior Vice President of Finance and Business Development to the positions of permanent Chief Financial Officer, Secretary, and Treasurer. Under the Amended Employment Agreement, Mr. Hershberger will have a one-year term of employment, subject to successive one-year automatic extensions in the absence of at least 30-days written notice of termination by the company or Mr. Hershberger prior to the end of the initial term of any extension.