Amendment Number 1 to Investment AgreementInvestment Agreement • October 28th, 2005 • Crum & Forster Holdings Corp • Fire, marine & casualty insurance
This Amendment Number 1 (“Amendment”) to the Investment Agreement (“Agreement”) dated as January 1, 2002, between Seneca Specialty Insurance Company and Hamblin Watsa Investment Counsel Ltd. and Fairfax Financial Holdings Limited is effective as of January 1, 2005.
Fairfax Inc. and Crum & Forster Holding Inc. Addendum to Tax Sharing AgreementCrum & Forster Holdings Corp • October 28th, 2005 • Fire, marine & casualty insurance
In order to align the Fairfax, Inc. Tax Allocation Agreement, effective January 1, 2000, (the “Tax Sharing Agreement” ), with tax planning strategy, and ensure that the net operating losses of Crum & Forster Holding Inc. (“CFHI”) are reimbursed by Fairfax, Inc. before their expiration, in the event CFHI implements the tax planning strategy in which they elect to file a consolidated tax return with their subsidiaries for financial tax accounting purposes under the Tax Sharing Agreement, Fairfax Inc. agrees to reimburse CFHI for net operating losses utilized in consolidation.
Fairfax Inc. and Crum & Forster Holdings Corp. Addendum to Tax Sharing AgreementCrum & Forster Holdings Corp • October 28th, 2005 • Fire, marine & casualty insurance
In order to align the Fairfax, Inc. and Crum & Forster Holdings Corp. Tax Allocation Agreement, effective June 5, 2003, (the “Tax Sharing Agreement” ), with tax planning strategy, and ensure that the net operating losses of Crum & Forster Holdings Corp. (“CFHC”) are reimbursed by Fairfax, Inc. before their expiration, in the event CFHC implements the tax planning strategy in which they elect to file a consolidated tax return with their subsidiaries for financial tax accounting purposes under the Tax Sharing Agreement, Fairfax Inc. agrees to reimburse CFHC for net operating losses utilized in consolidation.
