0000909567-05-000509 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 7th, 2005 • Crum & Forster Holdings Corp • Fire, marine & casualty insurance

This AGREEMENT (“Agreement”) is effective on the 1st day of January 2003, as amended effective January 1, 2005, by and between MARY JANE ROBERTSON, an individual resident of the State of New Jersey (“Executive”), and FAIRFAX FINANCIAL HOLDINGS LIMITED, a corporation organized under the laws of the Province of Ontario, Canada, (together with its successors and assigns, “Fairfax”) and Fairfax’s indirect, wholly-owned subsidiaries, CRUM & FORSTER HOLDING INC., a corporation organized under the laws of the State of Delaware, (together with its successors and assigns, “C&F”) and CRUM & FORSTER HOLDINGS CORP., a corporation organized under the laws of the State of Delaware (together with its successors and assigns, “Holdings”).

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INVESTMENT AGREEMENT
Investment Agreement • March 7th, 2005 • Crum & Forster Holdings Corp • Fire, marine & casualty insurance • New Jersey

THIS INVESTMENT AGREEMENT (this “Agreement”), dated as of January 8, 2004, is made by and between HAMBLIN WATSA INVESTMENT COUNSEL LTD. (“HW”), FAIRFAX FINANCIAL HOLDINGS LIMITED (“FFH”) and THE NORTH RIVER INSURANCE COMPANY. As used in this Agreement, “we”, “us” and “our” shall refer to THE NORTH RIVER INSURANCE COMPANY, and “you” and “your” shall refer to HW and FFH jointly.

INVESTMENT AGREEMENT
Investment Agreement • March 7th, 2005 • Crum & Forster Holdings Corp • Fire, marine & casualty insurance • Arizona

THIS INVESTMENT AGREEMENT (this “Agreement”), dated as of January 1, 2002, is made by and between HAMBLIN WATSA INVESTMENT COUNSEL LTD. (“HW”), FAIRFAX FINANCIAL HOLDINGS LIMITED (“FFH”) and SENECA SPECIALTY INSURANCE COMPANY. As used in this Agreement, “we”, “us” and “our” shall refer to SENECA SPECIALTY INSURANCE COMPANY, and “you” and “your” shall refer to HW and FFH jointly.

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 7th, 2005 • Crum & Forster Holdings Corp • Fire, marine & casualty insurance • Delaware

THIS INVESTMENT MANAGEMENT AGREEMENT (this “Agreement”), dated as of December 21, 2004, is made by and between HAMBLIN WATSA INVESTMENT COUNSEL LTD. (“HW”), FAIRFAX FINANCIAL HOLDINGS LIMITED (“FFH”) and CRUM & FORSTER HOLDINGS CORP. As used in this Agreement, “we”, “us” and “our” shall refer to CRUM & FORSTER HOLDINGS CORP., and “you” and “your” shall refer to HW and FFH jointly.

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