0001104659-04-039540 Sample Contracts

THE NAVIGATORS GROUP, INC. STOCK GRANT AWARD CERTIFICATE AND RESTRICTED STOCK AGREEMENT
Certificate and Restricted Stock Agreement • December 14th, 2004 • Navigators Group Inc • Fire, marine & casualty insurance

This Certificate, when executed by a duly authorized officer of The Navigators Group, Inc. (the “Company”), evidences the grant to the Participant named herein of a stock grant Award for shares of the Common Stock of the Company in accordance with the 2002 Stock Incentive Plan (the “Plan”).

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