LOAN AGREEMENTLoan Agreement • March 28th, 2008 • Eastern Insurance Holdings, Inc. • Fire, marine & casualty insurance • Pennsylvania
Contract Type FiledMarch 28th, 2008 Company Industry JurisdictionThis Agreement is made as of the 17th day of December, 2007 by and between EASTERN INSURANCE HOLDINGS, INC. (“Holdings”), a Pennsylvania corporation with its principal place of business at 25 Race Avenue, Lancaster, Pennsylvania 17603 and EASTERN RE LTD., S.P.C. (“Eastern Re”), a segregated portfolio cell company, with a principal place of business at P.O. Box 1363, Grand Cayman KY1 1108, Cayman Islands ( each of Holdings and Eastern Re are referred to herein as a “Borrower” and collectively as the “Borrowers”) EASTERN ALLIANCE INSURANCE COMPANY (“Eastern Alliance”), ALLIED EASTERN INDEMNITY COMPANY (“Allied Eastern”) and GLOBAL ALLIANCE HOLDINGS, LTD and EASTERN LIFE AND HEALTH INSURANCE COMPANY (“Eastern Life”), EMPLOYERS ALLIANCE, INC., EASTERN HOLDING COMPANY, INC., and EASTERN SERVICES CORPORATION all with an address of 25 Race Avenue, Lancaster, Pennsylvania 17603 (each individually a “Guarantor” and collectively the “Guarantors”) and FULTON BANK, a Pennsylvania banking instituti