0001144204-11-067404 Sample Contracts

PRESIDENTIAL LIFE INSURANCE COMPANY
Severance Agreement • November 29th, 2011 • Presidential Life Corp • Life insurance • New York

This letter agreement (this “Agreement”) memorializes the understandings between Duncan Szeto (“You”) and Presidential Life Insurance Company (the “Company”) for certain severance arrangements provided herein. Any capitalized term used but not defined herein shall have the meaning set forth in Exhibit A attached hereto.

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PRESIDENTIAL LIFE INSURANCE COMPANY
Severance Agreement • November 29th, 2011 • Presidential Life Corp • Life insurance • New York

This letter agreement (this “Agreement”) memorializes the understandings between Jay Matalon (“You”) and Presidential Life Insurance Company (the “Company”) for certain severance arrangements provided herein. Any capitalized term used but not defined herein shall have the meaning set forth in Exhibit A attached hereto.

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