Exhibit 18
FIRST AMENDMENT TO
AMENDED AND RESTATED
MANAGEMENT INFORMATION SERVICES AGREEMENT
Effective March 1, 1996
This First Amendment ("amendment") to the Amended and Restated Management
Information Services Agreement ("Agreement") is made as of this 24th day of
February, 1997, to be effective March 1, 1996, (unless a different effective
date is indicated) by and among AMCO Insurance Company ("AMCO"), ALLIED Group
Information Systems, Inc. ("AGIS"), ALLIED Mutual Insurance Company ("Mutual"),
ALLIED Group, Inc. ("AGI"), ALLIED General Agency Company ("AGA"), ALLIED Group
Mortgage Company ("AGMBC"), ALLIED Group Leasing Corporation ("AGLC"), ALLIED
Life Financial Corporation ("ALFC"), ALLIED Life Insurance Company ("ALLIED
Life"), ALLIED Life Brokerage Agency ("ALBA"), ALLIED Group Merchant Banking
Corporation ("AGMBC"), ALLIED Group Insurance Marketing Company ("AGIMC"), The
Freedom Group, Inc. ("TFG"), and Midwest Printing Services, Ltd. ("Midwest
Printing"). AGIS, AGI, AGA, AGMC, AGLC, ALFC, ALLIED Life, ALBA, AGMBC, AGIMC,
TFG, and Midwest Printing shall be hereinafter referred to collectively as the
"Companies".
WITNESSETH:
WHEREAS, AGIS, Mutual, AGI, AMCO, AGA, AGMC, AGLC, ALFC, ALLIED Life, ALBA,
AGMBC, TFG, Midwest Printing, and AGIMC entered into an Amended and Restated
Management Information Services Agreement effective March 1, 1996 on January 24,
1997; and
WHEREAS, Section I of Addendum A to the Agreement was not accurate in stating
certain fees for ALLIED Life;
WHEREAS, Section IX of the Agreement allows amendment of the Agreement in
writing and executed by the parties;
NOW, THEREFORE, in consideration of the foregoing premises, and for and in
consideration of the mutual covenants and agreements contained herein, the
parties agree as follows:
1. The Agreement is hereby amended by deleting Section I(a) of the Addendum and
inserting in place thereof the following:
(a) $37.50 per hour for Programming/Development time and Methods/Procedures
time from March 1, 1996 through May 13, 1996 when the programmers became
ALLIED Life employees and no charge thereafter.
2. The Agreement is hereby amended by deleting Section I(d) of the Addendum and
inserting in place thereof the following:
(d) ALLIED Life shall reimburse AMCO for the actual costs AMCO incurs on a
monthly basis for providing ALLIED Life the services provided under
Sections 3.1 ("General MIS"), 3.2 ("PC Support"), 3.7 (a) ("Printing--
Forms and Reports"), and 3.8 ("Policy Assembly"). In order to reimburse
AMCO for the cost of these services, ALLIED Life will forward $50,000.00
at the end of each month as an estimation of the costs of providing the
services for that month.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment
to the Amended and Restated Management Information Services Agreement to be
signed by their duly-authorized officers all as of the date and year first
written above.
ALLIED Mutual Insurance Company ALLIED Group, Inc.
000 0xx Xxx. 000 0xx Xxx.
Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxxxxx X. Xxxxxxxx By: /s/ Xxxxx X. Xxxxxxx
----------------------------- ---------------------------------
Title: President Title: President (Financial)
-------------------------- ------------------------------
AMCO Insurance Company ALLIED General Agency Company
000 0xx Xxxxxx 000 0xx Xxx.
Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxxxxx X. Xxxxxxxx By: /s/ Xxxxx X. Xxxxxxx
----------------------------- ---------------------------------
Title: President Title: Treasurer
-------------------------- ------------------------------
ALLIED Life Financial ALLIED Group Leasing
Corporation Corporation
000 0xx Xxx. 000 0xx Xxx.
Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx XX 00000-0000
By: /s/ Xxxxxx X. Xxxxx By: /s/ Xxxxx X. Xxxxxxx
----------------------------- ---------------------------------
Title: President Title: President
-------------------------- ------------------------------
ALLIED Group Mortgage Company ALLIED Life Insurance Company
0000 00xx Xx. 000 0xx Xxx.
Xxxx Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxx
----------------------------- ---------------------------------
Title: Secretary Title: President
-------------------------- ------------------------------
ALLIED Group Merchant Banking ALLIED Group Insurance
Corporation Marketing Company
000 0xx Xxx. 000 0xx Xxx.
Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxx XxXxxxxxxxx By: /s/ Xxxxx X. Xxxxxxx
----------------------------- ---------------------------------
Title: President Title: Treasurer
-------------------------- ------------------------------
ALLIED Group Information ALLIED Life Brokerage Agency
Systems, Inc. 000 0xx Xxx.
000 0xx Xxx. Xxx Xxxxxx, XX 00000-0000
Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxx
----------------------------- ---------------------------------
Title: Secretary Treasurer Title: President
-------------------------- ------------------------------
The Freedom Group, Inc. Midwest Printing Services, Ltd.
000 0xx Xxx. 0000 000xx Xx.
Xxx Xxxxxx, XX 00000-0000 Xxx Xxxxxx, XX 00000-0000
By: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxxx X. Xxxxx
----------------------------- ---------------------------------
Title: Secretary Treasurer Title: Treasurer
-------------------------- ------------------------------
