0001104659-04-038310 Sample Contracts

ZENITH NATIONAL INSURANCE CORP. 2004 RESTRICTED STOCK PLAN RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • December 3rd, 2004 • Zenith National Insurance Corp • Fire, marine & casualty insurance • Delaware

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Award Agreement”) is made and entered into as of [ ] (the “Date of Grant”), by and between Zenith National Insurance Corp., a Delaware corporation (the “Company”), and [ ] (the “Grantee”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Zenith National Insurance Corp. 2004 Restricted Stock Plan (the “Plan”). Where the context permits, references to the Company or any of its Subsidiaries shall include the successors to the foregoing.

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