REINSURANCE TRUST AGREEMENTReinsurance Trust Agreement • March 28th, 2008 • Gainsco Inc • Fire, marine & casualty insurance
THIS REINSURANCE TRUST AGREEMENT (this “Agreement”) is entered into on October 31, 2007 (the “Effective Date”), by and among MGA Insurance Company, Inc., a stock property and casualty insurance company domiciled in the State of Texas, as grantor (the “Grantor”), General Agents Insurance Company of America, Inc., a stock property and casualty insurance company domiciled in the State of Oklahoma, as the beneficiary (together with any successor thereof by operation of law, including, without limitation, any liquidator, rehabilitator, receiver or conservator, the “Beneficiary”) and Bank of Oklahoma, N.A., as trustee (the “Trustee”). The Grantor, the Beneficiary and the Trustee are each sometimes referred to herein individually as a “Party” and collectively as the “Parties”. Capitalized terms used herein shall have the meanings assigned to such terms in Section 12 or elsewhere in this Agreement.
100% QUOTA SHARE REINSURANCE AGREEMENTQuota Share Reinsurance Agreement • March 28th, 2008 • Gainsco Inc • Fire, marine & casualty insurance
THIS 100% QUOTA SHARE REINSURANCE AGREEMENT (this “Agreement”) is entered into on October 31, 2007, by and between MGA Insurance Company, Inc., a stock property and casualty insurance company domiciled in the State of Texas (the “Reinsurer”), and General Agents Insurance Company of America, Inc., a stock property and casualty insurance company domiciled in the State of Oklahoma (the “Company”). The Reinsurer and the Company are hereinafter each sometimes referred to individually as a “Party” and collectively as the “Parties”.
SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 28th, 2008 • Gainsco Inc • Fire, marine & casualty insurance • Texas
This SECOND AMENDMENT TO CREDIT AGREEMENT (this “Second Amendment”), dated as of October 31, 2007, is among GAINSCO, INC., a Texas corporation (“Borrower”), each other Obligor, and THE FROST NATIONAL BANK, a national banking association (“Lender”).
GUARANTY AGREEMENTGuaranty Agreement • March 28th, 2008 • Gainsco Inc • Fire, marine & casualty insurance • Delaware
THIS GUARANTY AGREEMENT (this “Guaranty”), dated as of October 31, 2007 (the “Effective Date”), is made by GAINSCO, Inc., a Texas corporation (the “Guarantor”), for the benefit of General Agents Insurance Company of America, Inc., a stock property and casualty insurance company domiciled in the State of Oklahoma (the “Company”).
