0001072627-13-000076 Sample Contracts

COMMON STOCK SERIES B WARRANT AGREEMENT
Common Stock Warrant Agreement • July 19th, 2013 • Kingsway Financial Services Inc • Fire, marine & casualty insurance

This Common Stock Warrant Agreement (this “Agreement”), dated as of [___], 2013, between Kingsway Financial Services Inc., a corporation incorporated under the Business Corporations Act (Ontario) (the “Company”) and Computershare Trust Company of Canada, a trust company licensed to carry on business in all Provinces of Canada (collectively in such capacity, together with any successor appointed pursuant to the terms of this Agreement, the “Warrant Agent”).

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COMMON STOCK SERIES A WARRANT AGREEMENT
Common Stock Warrant Agreement • July 19th, 2013 • Kingsway Financial Services Inc • Fire, marine & casualty insurance

This Common Stock Warrant Agreement (this “Agreement”), dated as of [___], 2013, between Kingsway Financial Services Inc., a corporation incorporated under the Business Corporations Act (Ontario) (the “Company”) and Computershare Trust Company of Canada, a trust company licensed to carry on business in all Provinces of Canada (collectively in such capacity, together with any successor appointed pursuant to the terms of this Agreement, the “Warrant Agent”).

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