EXHIBIT NO. 10 (41) TERMINATION ADDENDUM attaching to and forming a part of SURETY EXCESS OF LOSS REINSURANCE CONTRACT AS RESPECTS ONLY SURETY BUSINESS FOR THE DICK CORPORATION (originally effective: January 1, 2005) (hereinafter referred to as...
EXHIBIT NO. 10 (41)
attaching to and forming a part of
SURETY EXCESS OF LOSS REINSURANCE CONTRACT AS RESPECTS ONLY
SURETY BUSINESS FOR THE DICK CORPORATION
(originally effective: January 1, 2005)
(hereinafter referred to as “Contract”)
SURETY EXCESS OF LOSS REINSURANCE CONTRACT AS RESPECTS ONLY
SURETY BUSINESS FOR THE DICK CORPORATION
(originally effective: January 1, 2005)
(hereinafter referred to as “Contract”)
ISSUED TO:
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WESTERN SURETY COMPANY UNIVERSAL SURETY OF AMERICA SURETY BONDING COMPANY OF AMERICA (hereinafter collectively referred to as “Company”) |
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ISSUED BY:
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CONTINENTAL CASUALTY COMPANY (hereinafter referred to as “Reinsurer”) |
It is hereby mutually understood and agreed that, effective June 30, 2009, the captioned
Contract, as previously amended by Addenda Nos. 1, 2, 3 and 4, shall be terminated. In light of
such termination and pursuant to Article 4 — Commencement and Expiration, the Reinsurer exercises
its option to cease acceptance of any additional Bonds under this Contract. The Company and the
Reinsurer agree that there are no outstanding Bonds which shall result from bids already released
by the Company as of this date of termination.
All other terms and conditions of the captioned Contract shall remain unchanged.
IN WITNESS WHEREOF the parties acknowledge that no intermediary is involved in or brought about
this transaction, and the parties hereto, by their authorized representatives, have executed this
Termination Addendum to the Contract:
on this day of 2009.
WESTERN SURETY COMPANY
| By: |
| Printed Name: |
| Title: |
and on this day of 2009.
UNIVERSAL SURETY OF AMERICA
| By: |
| Printed Name: |
| Title: | ||
and on this day of 2009.
SURETY BONDING COMPANY OF AMERICA
| By: |
| Printed Name: |
| Title: | ||
and on this day of 2009.
CONTINENTAL CASUALTY COMPANY
| By: |
| Printed Name: |
| Title: |
