Exhibit 10.3 (c)
AMENDMENT TO
REIMBURSEMENT OF EXPENSE AGREEMENT
This Amendment to Reimbursement of Expense Agreement (the
AAmendment@) is made as of October 1, 1997, by and among Financial Holding
Corporation, a Missouri corporation, ▇▇▇▇▇▇▇ Life, Inc., a Missouri
corporation (AAmerico@), Great Southern Life Insurance Company, a Texas
corporation (AGreat Southern@), Premium Financing Specialists, Inc., a
Missouri corporation, Argus Health Systems, Inc., a Delaware corporation
(AArgus@), United Fidelity Life Insurance Company, a Texas corporation, The
College Life Insurance Company of America, a Texas corporation, PFS Holding
Company, a Missouri corporation, College Insurance Group, Inc., a Missouri
corporation, National Farmers Union Life Insurance Company, a Texas
corporation, and Financial Assurance Life Insurance Company, a Texas
corporation (formerly, Financial Assurance Incorporated) (collectively, the
foregoing are referred to herein as the AExisting Parties@), and ▇▇▇▇▇▇▇
Services, Inc., a Missouri corporation (AASI@), and The Ohio State Life
Insurance Company, an Ohio corporation (AOSL@).
WHEREAS, the Existing Parties entered into that certain
Reimbursement of Expense Agreement dated as of July 30, 1993, which
agreement was amended as of August 29, 1997 (as amended, the AAgreement@);
and
WHEREAS, Great Southern acquired all the outstanding capital stock
of OSL effective as of April 15, 1997; and
WHEREAS, ASI is a wholly owned subsidiary of ▇▇▇▇▇▇▇; and
WHEREAS, the Existing Parties wish to amend the Agreement so that
OSL and ASI will each become a party to the Agreement, and each of OSL and
ASI desires to become a party to the Agreement; and
WHEREAS, the Existing Parties wish to amend the Agreement to
remove Argus from the Agreement;
NOW, THEREFORE, in consideration of the premises and other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, effective as of October 1, 1997:
(a) the Existing Parties agree that the Agreement is
hereby amended to apply to OSL and ASI, and that each of OSL and
ASI shall henceforth enjoy all rights of a party to such
Agreement; and
(b) by their respective execution and delivery of this
Amendment, each of OSL and ASI agree to be bound by the terms of
the Agreement as a party thereto; and
(c) the Agreement shall cease to apply to Argus, and Argus
shall thereafter have no rights or obligations under the
Agreement.
Except as herein amended, the Agreement shall remain in full force
and effect without change.
IN WITNESS WHEREOF, the Existing Parties and OSL and ASI have
executed this Amendment as of the date first above written.
▇▇▇▇▇▇▇ LIFE, INC. GREAT SOUTHERN LIFE INSURANCE
COMPANY
By By
Name Name
Title Title
PREMIUM FINANCING FINANCIAL HOLDING CORPORATION
SPECIALISTS, INC.
By By
Name Name
Title Title
UNITED FIDELITY LIFE THE COLLEGE LIFE INSURANCE
INSURANCE COMPANY COMPANY OF AMERICA
By By
Name Name
Title Title
PFS HOLDING COMPANY ▇▇▇▇▇▇▇ SERVICES, INC.
By By
Name Name
Title Title
NATIONAL FARMERS UNION COLLEGE INSURANCE GROUP, INC.
LIFE INSURANCE COMPANY
By By
Name Name
Title Title
ARGUS HEALTH SYSTEMS, INC. FINANCIAL ASSURANCE LIFE
INSURANCE COMPANY
By By
Name Name
Title Title
THE OHIO STATE LIFE
INSURANCE COMPANY
By
Name
Title
