SETTLEMENT AGREEMENTSettlement Agreement • December 18th, 2006 • Stilwell Joseph • Insurance carriers, nec • Delaware
THIS SETTLEMENT AGREEMENT (“Agreement”), dated the 14th day of December, 2006 (“Effective Date”), is made by and between SCPIE Holdings Inc., a Delaware corporation (“SCPIE”), on the one hand, and Joseph Stilwell, Stilwell Value LLC and Stilwell Value Partners III, L.P. (collectively, the “Stilwell Group”), on the other hand.
