AMENDMENT NO. 1 TO THE SUA INSURANCE COMPANY AMENDED AND RESTATED PARTNER AGENT PROGRAM AGREEMENT
Exhibit 10.14
This amendment (“Amendment”) is made and entered into as of June 19, 2009 by and between Risk
Transfer Programs, LLC and SUA Insurance Company, and amends the Amended and Restated SUA Insurance
Company Partner Agent Program Agreement (“Agreement”) entered into by the parties on June 10, 2009,
as amended. Any capitalized terms used but not defined in this Amendment shall have the same
meaning set forth in the Agreement. In the event that any provision of this Amendment and any
provision of the Agreement are inconsistent or conflicting, the inconsistent or conflicting
provision of this Amendment shall be and constitute an amendment of the Agreement and shall
control, but only to the extent that such provision is inconsistent or conflicting with the
Agreement.
Now, therefore, in accordance with Section IX, D of the Agreement and in consideration of the
mutual agreements and covenants hereinafter set forth, the parties agree to amend the Agreement,
effective as of the date hereof, as follows:
1. The reference in the preamble to “SUA Insurance Company and its property and casualty
insurance subsidiaries and affiliates (collectively the “Company”)” shall be deleted and replaced
in its entirety with the following: “SUA Insurance Company and (i) prior to June 19, 2011, its
property and casualty insurance subsidiaries and affiliates and (ii) on or after June 19, 2011, its
property and casualty insurance subsidiaries (collectively the “Company”)”.
2. Except as modified hereby, the Agreement shall remain in full force and effect.
3. This Amendment may be executed in any number of counterparts and by the parties on
different counterparts each in the like form. Each counterpart shall, when executed, be an
original but all the counterparts taken together shall constitute one and the same instrument. The
execution by a party of one or more such counterparts shall constitute execution by that party of
this Amendment. This Amendment shall not be effective until each of the parties has executed at
least one counterpart. Any facsimile copies hereof or signature hereon shall, for all purposes, be
deemed originals.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed on their
behalf by their duly authorized officers as of the day, month and year above written.
SUA INSURANCE COMPANY |
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By: | /s/ Xxxxxx X. Xxxxxxxxx | |||
Name: | Xxxxxx X. Xxxxxxxxx | |||
Title: | Sr. VP & Chief Underwriting Officer | |||
RISK TRANSFER PROGRAMS, LLC |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | C.E.O. | |||
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