ENDORSEMENT NO. 1
Attaching to and forming part of the GUARANTY OF PERFORMANCE AND HOLD
HARMLESS AGREEMENT by and between Hallmark Financial Services, Inc., a
Nevada corporation, (hereinafter referred to as Guarantor ), and
Skandia America Reinsurance Corporation, a Delaware corporation,
(hereinafter referred to as Skandia).
IT IS AGREED, effective 12:01 a.m., Central Standard Time, September 1,
1996 that the participation of Skandia America Reinsurance Corporation
will read as signed below and not as heretofore.
IT IS FURTHER AGREED, effective 12:01 a.m., Central Standard Time, July
1, 1997, that this Agreement is terminated and neither Guarantor nor
Skandia shall have obligations under this Agreement subsequent to that
date and time.
IN WITNESS WHEREOF, the parties hereto caused this Agreement to be
executed in duplicate by:
Hallmark Financial Services, Inc.
By: _____________________________
Its: _____________________________
Date:_____________________________
Odyssey Reinsurance Corporation
By: _____________________________
Its: _____________________________
Date:_____________________________