Exhibit 10.1 THE HOME INSURANCE COMPANY 59 MAIDEN LANE TERM SHEET AUGUST 1, 1997 CASH: (a) Home to pay $49,850,000 ("Cash Payment") to Stroock & Stroock & Lavan, LLP, as escrow agent ("Escrow Agent"), upon Escrow Agreement Execution (as hereinafter...Term Sheet • August 4th, 1997 • Home Holdings Inc • Fire, marine & casualty insurance
