Common use of SEVERAL LIABILITY NOTICE Clause in Contracts

SEVERAL LIABILITY NOTICE. The subscribing reinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co- subscribing reinsurer who for any reason does not satisfy all or part of its obligations. INTERESTS AND LIABILITIES CONTRACT (hereinafter referred to as the "Contract") to the SECOND EXCESS OF LOSS REINSURANCE AGREEMENT (hereinafter referred to as the "Agreement") It is hereby mutually agreed by SOUTHERN CALIFORNIA PHYSICIANS INSURANCE EXCHANGE and/or S.C.P.I.E. INDEMNITY COMPANY and/or S.C.P.I.E. MANAGEMENT COMPANY while acting on behalf of: S.C.P.I.E. MANAGEMENT COMPANY Beverly Hills, California (hereinafter referred to as the "Company") and NAVIGATORS INSURANCE COMPANY (hereinafter referred to as the "Subscribing Reinsurer") that the Subscribing Reinsurer shall have a 2.5% participation in the Interests and Liabilities of the Reinsurer as set forth in the Agreement attached hereto entitled Second Excess of Loss Reinsurance Agreement. Such participation shall be several and not joint with the participation of other subscribing reinsurers, and the Subscribing Reinsurer shall under no circumstances participate in the Interests and Liabilities, if any, of the other subscribing reinsurers in said Agreement. The Company shall pay to the Subscribing Reinsurer 2.5% of all premiums due or which may become due the Reinsurer in accordance with the provisions of the Agreement attached. This Contract shall attach on January 1, 1996 and is subject to the provisions contained in the Term Article of the attached Agreement, which are hereby incorporated by reference into this Contract and which shall apply as though they had been specifically provided for herein.

SEVERAL LIABILITY NOTICE. The subscribing reinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co- subscribing reinsurer who for any reason does not satisfy all or part of its obligations. ED 4/5/96 Page 15 of 15 (Q)/pc/jk 16 01-96-0022 INTERESTS AND LIABILITIES CONTRACT (hereinafter referred to as the "Contract") to the SECOND THIRD EXCESS OF LOSS REINSURANCE AGREEMENT (hereinafter referred to as the "Agreement") It is hereby mutually agreed by SOUTHERN CALIFORNIA PHYSICIANS INSURANCE EXCHANGE and/or S.C.P.I.E. INDEMNITY COMPANY and/or S.C.P.I.E. MANAGEMENT COMPANY while acting on behalf of: S.C.P.I.E. MANAGEMENT COMPANY Beverly Hills, California (hereinafter referred to as the "Company") and NAVIGATORS INSURANCE COMPANY AXA REASSURANCE (hereinafter referred to as the "Subscribing Reinsurer") that the Subscribing Reinsurer shall have a 2.57.50% participation in the Interests and Liabilities of the Reinsurer as set forth in the Agreement attached hereto entitled Second Third Excess of Loss Reinsurance Agreement. Such participation shall be several and not joint with the participation of other subscribing reinsurers, and the Subscribing Reinsurer shall under no circumstances participate in the Interests and Liabilities, if any, of the other subscribing reinsurers in said Agreement. The Company shall pay to the Subscribing Reinsurer 2.57.50% of all premiums due or which may become due the Reinsurer in accordance with the provisions of the Agreement attached. This Contract shall attach on January 1, 1996 1996, and is subject to the provisions contained in the Term Article of the attached Agreement, which are hereby incorporated by reference into this Contract and which shall apply as though they had been specifically provided for herein.

SEVERAL LIABILITY NOTICE. The subscribing reinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co- co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. ED 4/5/96 Page 14 of 14 (Q)/pc/jk 15 01-96-0599 INTERESTS AND LIABILITIES CONTRACT (hereinafter referred to as the "Contract") to the SECOND FOURTH EXCESS OF LOSS REINSURANCE AGREEMENT (hereinafter referred to as the "Agreement") It is hereby mutually agreed by SOUTHERN CALIFORNIA PHYSICIANS INSURANCE EXCHANGE and/or S.C.P.I.E. INDEMNITY COMPANY and/or S.C.P.I.E. MANAGEMENT COMPANY while acting on behalf of: S.C.P.I.E. MANAGEMENT COMPANY Beverly Hills, California (hereinafter referred to as the "Company") and NAVIGATORS INSURANCE THE TRAVELERS INDEMNITY COMPANY (hereinafter referred to as the "Subscribing Reinsurer") that the Subscribing Reinsurer shall have a 2.55.00% participation in the Interests and Liabilities of the Reinsurer as set forth in the Agreement attached hereto entitled Second Fourth Excess of Loss Reinsurance Agreement. Such participation shall be several and not joint with the participation of other subscribing reinsurers, and the Subscribing Reinsurer shall under no circumstances participate in the Interests and Liabilities, if any, of the other subscribing reinsurers in said Agreement. The Company shall pay to the Subscribing Reinsurer 2.55.00% of all premiums due or which may become due the Reinsurer in accordance with the provisions of the Agreement attached. This Contract shall attach on January 1, 1996 1996, and is subject to the provisions contained in the Term Article of the attached Agreement, which are hereby incorporated by reference into this Contract and which shall apply as though they had been specifically provided for herein.

SEVERAL LIABILITY NOTICE. The subscribing reinsurers' ’ obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co- co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. INTERESTS AND LIABILITIES CONTRACT LSW1001 (hereinafter referred to as the "Contract"Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the SECOND EXCESS OF LOSS REINSURANCE AGREEMENT syndicate number. LSW 1007 (hereinafter referred to as the "Agreement"09/96) It is hereby mutually is, with effect from inception, noted and agreed by SOUTHERN CALIFORNIA PHYSICIANS INSURANCE EXCHANGE and/or S.C.P.I.E. INDEMNITY COMPANY and/or S.C.P.I.E. MANAGEMENT COMPANY while acting on behalf of: S.C.P.I.E. MANAGEMENT COMPANY Beverly Hillsthat “Section I of the Company’s Underlying Excess Catastrophe and Reinstatement Premium Protection Reinsurance Contract, California (hereinafter referred effective July 1, 2004” as referenced in Paragraph C of Article V — Retention and Limit of the Contract attached hereto relates to as the "Company") and NAVIGATORS INSURANCE COMPANY (hereinafter referred to as “Excess Catastrophe Section” only. Now Know Up that We the "Subscribing Reinsurer") that Underwriters, Members of the Subscribing Reinsurer shall have a 2.5% participation Syndicates whose definitive numbers in the Interests and Liabilities after-mentioned List of the Reinsurer as Underwriting Members of Lloyd’s are set forth out in the Agreement attached hereto entitled Second Excess Table, hereby bind ourselves each for his own part and not one for another, our Executors and Administrators, and in respect of Loss Reinsurance Agreement. Such participation his due proportion only, to pay or make good to the Assured or to the Assured’s Executors or Administrators or to indemnify him or them against all such loss, damage or liability as herein provided, such payment to be made after such loss, damage or liability is proved and the due proportion for which each of us, the Underwriters, is liable shall be several and not joint with the participation of other subscribing reinsurersascertained by reference to his share, and the Subscribing Reinsurer shall under no circumstances participate as shown in the Interests and Liabilities, if anysaid List, of the other subscribing reinsurers Amount, Percentage or Proportion of the total sum insured hereunder which is in the Table set opposite the definitive number of the Syndicate of which such Underwriter is a Member AND FURTHER THAT the List of Underwriting Members of Lloyd’s referred to above shows their respective Syndicates and Shares therein, is deemed to be incorporated in and to form part of this policy, bears the number specified in the attached Table and is available for inspection at Lloyd’s Policy Signing Office by the Assured or his or their representatives and a true copy of the material parts of the said Agreement. The Company shall pay List certified by the General Manager of Lloyd’s Policy Signing Office will be furnished to the Subscribing Reinsurer 2.5% Assured on application. In Witness whereof the General Manager of all premiums due or which may become due the Reinsurer in accordance with the provisions Lloyd’s Policy Signing Office has subscribed his name on behalf of the Agreement attached. This Contract shall attach on January 1, 1996 and is subject to the provisions contained in the Term Article each of the attached Agreement, which are hereby incorporated by reference into this Contract and which shall apply as though they had been specifically provided for hereinus.