0001047469-03-017187 Sample Contracts

WAIVER AND AMENDMENT
Credit Agreement • May 6th, 2003 • Zenith National Insurance Corp • Fire, marine & casualty insurance • California

THIS WAIVER AND AMENDMENT (this "Waiver and Amendment") is entered into as of March 19, 2003, between ZENITH NATIONAL INSURANCE CORP., a Delaware corporation (the "Company"), and BANK OF AMERICA, N.A., a national banking association (the "Bank").

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AMENDMENT NO. 1 TO STANDSTILL AGREEMENT
Standstill Agreement • May 6th, 2003 • Zenith National Insurance Corp • Fire, marine & casualty insurance

Reference is hereby made to that certain Standstill Agreement, dated June 30, 1999 (the "Agreement"), by and between Zenith National Insurance Corp. (the "Company") and Fairfax Financial Holdings Limited, a Canada corporation ("Fairfax"). Defined terms used but not otherwise defined herein shall have the meanings specified in the Agreement.

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