0000008177-03-000060 Sample Contracts

AMENDED AND RESTATED CREDIT AGREEMENT dated as of June 30, 2003 between ATLANTIC AMERICAN CORPORATION and WACHOVIA BANK, NATIONAL ASSOCIATION
Credit Agreement • August 13th, 2003 • Atlantic American Corp • Life insurance • Georgia

This Amended and Restated Credit Agreement amends and restates the conditions under which the Bank has extended certain loans to the Borrower pursuant to that Credit Agreement dated of July 1, 1999 between the Borrower and the Bank, as amended by that First Amendment to Credit Agreement dated as of March 24, 2000, that Second Amendment to Credit Agreement dated as of February 9, 2001, that Third Amendment to Credit Agreement dated as of December 31, 2001, that Fourth Amendment to Credit Agreement dated as of November 21, 2002, and that Fifth Amendment to Credit Agreement dated as of April 23, 2003. The parties hereto agree as follows:

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FIFTH AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • August 13th, 2003 • Atlantic American Corp • Life insurance • Georgia

THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of the 23rd day of April, 2003, between ATLANTIC AMERICAN CORPORATION, a Georgia corporation (the “Borrower”) and WACHOVIA BANK, NATIONAL ASSOCIATION (the “Bank”).

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