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0001193125-04-042098 Sample Contracts

SECOND AMENDMENT
Credit Agreement • March 15th, 2004 • Radian Group Inc • Surety insurance • New York

SECOND AMENDMENT (this “Amendment”), dated as of March 27, 2003, among RADIAN REINSURANCE INC. (f/k/a Enhance Reinsurance Company), a New York stock insurance company (the “Borrower”), the Banks from time to time party to the Credit Agreement referred to below, and DEUTSCHE BANK AG NEW YORK BRANCH, as Agent. Unless otherwise defined herein, capitalized terms used herein and defined in the Credit Agreement are used herein as therein defined.

EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2004 • Radian Group Inc • Surety insurance • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into by and between Radian Group Inc. (the “Company”) and Frank P. Filipps (the “Executive”) and shall be effective as of November 11, 2003 (the “Effective Date”).

FOURTH AMENDMENT
Credit Agreement • March 15th, 2004 • Radian Group Inc • Surety insurance • New York

FOURTH AMENDMENT (this “Fourth Amendment”), dated as of January 8, 2004, among RADIAN REINSURANCE INC. (f/k/a Enhance Reinsurance Company), a New York stock insurance company (the “Borrower”), the Banks from time to time party to the Credit Agreement referred to below, and DEUTSCHE BANK, AG NEW YORK BRANCH, as Agent. Unless otherwise defined herein, capitalized terms used herein and defined in the Credit Agreement are used herein as therein defined.

THIRD AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • March 15th, 2004 • Radian Group Inc • Surety insurance • New York

THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of September 29, 2003, among RADIAN REINSURANCE INC. (f/k/a Enhance Reinsurance Company), a New York stock insurance company (the “Borrower”), the Banks from time to time party to the Credit Agreement referred to below, and DEUTSCHE BANK AG NEW YORK BRANCH, as Agent. Unless otherwise defined herein, capitalized terms used herein and defined in the Credit Agreement are used herein as therein defined.