0001193125-03-042123 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 26th, 2003 • Argonaut Group Inc • Fire, marine & casualty insurance • Delaware

This Agreement is made pursuant to those certain Subscription Agreements, and any amendments thereto by and among the Corporation and the Holders (the “Subscription Agreements”) pursuant to which the Holders each subscribed for shares of the Company’s Series A Mandatory Convertible Preferred Stock, par value $.10 per share. The execution of this Agreement is a condition to the closing of the transactions contemplated by the Subscription Agreements.

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