Exhibit 10.1Letter Loan Agreement • August 16th, 1999 • Selective Insurance Group Inc • Fire, marine & casualty insurance
Exhibit 10.2 June 17, 1999 Selective Insurance Company of America Selective Insurance Group, Inc. 40 Wantage Avenue Branchville, NJ 07890-1000 RE: Loan Facility Ladies and Gentlemen: State Street Bank and Trust Company (the "Bank") has made available...Loan Facility • August 16th, 1999 • Selective Insurance Group Inc • Fire, marine & casualty insurance
State Street Bank and Trust Company (the "Bank") has made available to Selective Insurance Company of America, a corporation organized under the laws of New Jersey (the "Company") and Selective Insurance Group, Inc., a corporation organized under the laws of new Jersey (the "Parent")(collectively, the Company and the Parent are hereinafter referred to as the "Borrower") an aggregate $25,000,000 revolving line of credit (as increased, the "Line of Credit") as described in a letter agreement dated March 3, 1997 (as amended, the "Letter Agreement"). All obligations of the Borrower arising under the Line of Credit are evidenced by promissory note in the original principal amount of $25,000,000 dated March 3, 1997 made by the Borrower to the order of the Bank (as amended, the "Note").
