EXHIBIT 10 (by)
TERMINATION ADDENDUM
to the
INTERESTS AND LIABILITIES AGREEMENT
of
GE REINSURANCE CORPORATION
Long Grove, Illinois
(hereinafter referred to as the "SUBSCRIBING REINSURER")
with respect to the
100% QUOTA SHARE
REINSURANCE AGREEMENT
Effective: January 1, 1997
issued to
STATE AND COUNTY MUTUAL FIRE INSURANCE COMPANY
Fort Worth, Texas
IT IS HEREBY AGREED that this Agreement and the SUBSCRIBING REINSURER'S
40.0% share in the interests and liabilities of the "Reinsurer" under the
Reinsurance Agreement shall be terminated on June 30, 2000, in accordance
with the run-off provisions of ARTICLE V - COMMENCEMENT AND TERMINATION.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed by their duly authorized representatives at:
Fort Worth, Texas, this ____________ day of to_______________________, 20__.
____________________________________________________
STATE AND COUNTY MUTUAL FIRE INSURANCE COMPANY
Long Grove, Illinois, this ________ day of __________________________, 20__.
____________________________________________________
GE REINSURANCE CORPORATION
Dallas, Texas, this ________ day of _________________________________, 20__.
____________________________________________________
XXXXXX GENERAL AGENCY, INC.
Dallas, Texas, this ________ day of _________________________________, 20__.
____________________________________________________
AMERICAN HALLMARK GENERAL AGENCY, INC.