AMENDMENT NO. 3 TO COST ALLOCATION AGREEMENT
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Exhibit 10.4
AMENDMENT NO. 3
TO
COST ALLOCATION AGREEMENT
WHEREAS, Zenith National Insurance Corp., Zenith Insurance Company, ZNAT Insurance Company, CalFarm Insurance Company, CalFarm Insurance Agency, and Zenith Star Insurance Company have previously entered into a Cost Allocation Agreement; and
WHEREAS, Zenith Insurance Company has recently formed and owns 100% of the outstanding common stock of Zenith Insurance Company of Florida; and
WHEREAS, Zenith Insurance Company of Florida desires to become a party to the aforementioned Cost Allocation Agreement;
IN CONSIDERATION OF THE PREMISES, the parties agree as follows:
- 1.
- Effective
January 1,1998, Zenith Insurance Company of Florida shall become a party to the inter-company Cost Allocation
Agreement, subject to all of the terms, conditions and obligations thereunder.
- 2.
- In all other respects the Cost Allocation Agreement remains unchanged.
IN WITNESS WHEREOF, each of the undersigned parties has caused this Amendment No. 3 to be executed on its behalf, this 7th day of January, 1998.
ZENITH NATIONAL INSURANCE CORP. | ZENITH INSURANCE COMPANY | |||||
By: | /s/ XXXX X. XXXXXXX |
By: | /s/ XXXX X. XXXXXXX |
|||
ZENITH STAR INSURANCE COMPANY | CALFARM INSURANCE COMPANY | |||||
By: | /s/ XXXX X. XXXXXXX |
By: | /s/ XXXX X. XXXXXXX |
|||
CALFARM INSURANCE AGENCY | ZNAT INSURANCE COMPANY | |||||
By: | /s/ XXXX X. XXXXXXX |
By: | /s/ XXXX X. XXXXXXX |
AMENDMENT NO. 3 TO COST ALLOCATION AGREEMENT