Consolidated Addendum and Amendment to Service Expense Reimbursement
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Agreements by and among Certain Member Companies of Assurant Solutions,
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CAI Credit Insurance Agency, Inc., and Affiliates Insurance Agency, Inc.
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This Consolidated Addendum and Amendment ("Amendment") is entered into by and
among certain member companies of Assurant Solutions, as set forth below
(collectively "Company"), and their affiliates and assigns, and CAI Credit
Insurance Agency, Inc., and Affiliates Insurance Agency, Inc., (collectively
"Customer"), and their affiliates and assigns, and amends the Service Expense
Reimbursement Agreements and the related Group Experience Rating /Contingent
Compensation Addendums between the parties dated July 1, 1998 (respectively "CAI
Agreement" and "Affiliates Agreement" and collectively "Agreements").
Whereas, the parties desire to modify certain agreements they have related to
investment income;
Now therefore, it is agreed by and between Company and Customer the following:
1. The effective date of this Amendment is April 1, 2004.
2. The parties agree to amend Paragraph I of the Group Experience
Rating/Contingent Compensation under both the CAI Agreement and the
Affiliates Agreement to change the term of "one year" to "eighteen
months" for the CD term for establishment of the interest rate for
calculation of investment income in Paragraph I.
3. This Amendment shall not be construed to modify or amend any other
terms or provisions of the Agreements unless set forth herein.
In Witness Whereof, the parties hereto have executed this Amendment on
_______4/1_______________, 2004.
AMERICAN BANKERS LIFE ASSURANCE CAI CREDIT INSURANCE AGENCY, INC.
COMPANY OF FLORIDA
Signature: /s/ Xxxx Xxxxxxxxx Signature: /s/ Xxxxx X. Xxxxx
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Printed Name: Xxxx Xxxxxxxxx Printed Name: Xxxxx X. Xxxxx
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Witness: Witness:
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Date: 2/22/2005 Date: 4/1/2004
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VOYAGER PROPERTY & CASUALTY CONN APPLIANCES, INC.
INSURANCE COMPANY
Signature: /s/ Xxxx Xxxxxxxxx Signature: /s/ Xxxxx X. Xxxxx
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Printed Name: Xxxx Xxxxxxxxx Printed Name: Xxxxx X. Xxxxx
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Witness: Witness:
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Date: 2/22/2005 Date: 4/1/2004
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RANCHERS & FARMERS COUNTY MUTUAL
Signature: /s/ Xxxxxxx X. Xxxxxx
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Printed Name: Xxxxxxx X. Xxxxxx
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Witness:
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Date:
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AMERICAN BANKERS INSURANCE
COMPANY OF FLORIDA
Signature: /s/ Xxxx Xxxxxxxxx
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Printed Name: Xxxx Xxxxxxxxx
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Witness:
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Date: 2/22/2005
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AMERICAN RELIABLE INSURANCE COMPANY
Signature: /s/ Xxxxxx X. Xxxxxx
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Printed Name: Xxxxxx X. Xxxxxx, Assist. Secretary
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Witness:
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Date: 3/15/2005
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