TERMINATION OF STANDSTILL AGREEMENTTermination of Standstill Agreement • November 1st, 2007 • American Physicians Capital Inc • Hospital & medical service plans
THIS TERMINATION OF STANDSTILL AGREEMENT (“Termination”), effective this 25th day of October, 2007, is made by and between American Physicians Capital, Inc., a Michigan corporation (“ACAP”), on the one hand, and Stilwell Value Partners II, L.P., Stilwell Value Partners V, L.P., Stilwell Associates, L.P., Stilwell Partners, L.P., Stilwell Value, LLC, Joseph Stilwell, John Stilwell and Spencer L. Schneider (collectively, the “Stilwell Group”) on the other.
