0000950144-06-006487 Sample Contracts

SETTLEMENT AGREEMENT AND MUTUAL RELEASE
Settlement Agreement • July 6th, 2006 • Standard Management Corp • Retail-drug stores and proprietary stores • Indiana

This Settlement Agreement and Mutual Release (“Agreement”) is made and entered into on June 30th, 2006, by and between Paul B. (Pete) Pheffer (“Pheffer”) and Standard Management Corporation (“Standard Management”) (collectively the “Parties”).

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REDEMPTION AGREEMENT
Redemption Agreement • July 6th, 2006 • Standard Management Corp • Retail-drug stores and proprietary stores • Indiana

This REDEMPTION AGREEMENT (this “Agreement”) dated as of June 29, 2006, is entered into by and between Standard Management Corporation, and Indiana corporation (“Seller”) and Capital Assurance Corporation, a Delaware corporation (“Buyer”).

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