0001193125-08-095817 Sample Contracts

HOMEOWNERS CHOICE, INC. Incentive Stock Option Agreement
Incentive Stock Option Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

HOMEOWNERS CHOICE, INC., a Florida corporation (the “Company”), hereby grants the following stock option pursuant to its 2007 Stock Option and Incentive Plan. The terms and conditions attached hereto are also a part hereof.

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EXECUTIVE AGREEMENT
Executive Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS EXECUTIVE AGREEMENT (this “Agreement”) is made and entered into effective as of May 1, 2007 (the “Effective Date”), by and between HOMEOWNERS CHOICE, INC., a Florida corporation (the “Company”), and FRANCIS X. MCCAHILL, III, an individual residing in the State of Florida (the “Executive”).

ISO MASTER AGREEMENT - PROPERTY/CASUALTY INSURER January 2005 Edition
Iso Master Agreement • April 30th, 2008 • Homeowners Choice, Inc.

Agreement made this 1 day of NOVEMBER, 2007 between Insurance Services Office, Inc., with offices at 545 Washington Boulevard, Jersey City, New Jersey 07310-1686 on behalf of itself, its subsidiaries and affiliates (“ISO”®) and “ HOMEOWNER’S CHOICE INC. having offices at 145 NW CENTRAL PARK PLAZA #115 PORT ST. LUCIE FL 34986 and all its affiliates and subsidiaries that provide property/casually insurance, unless excluded on an attached Schedule A (collectively referred to herein as “Licensee”).

PLA Non-Bonus Assumption Agreement
Pla Non-Bonus Assumption Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS ASSUMPTION AGREEMENT (the “Agreement”) is executed as of the 19 day of June, 2007 (“Execution Date”) by and between Homeowners Choice Property and Casualty Insurance Company, a Florida licensed and authorized insurance company (“Insurer”); and Citizens Property Insurance Corporation, an entity created by the Legislature of the State of Florida pursuant to Subsection 627.351(6); and any successor entity (“CITIZENS”).

Addendum No. 1 to the Excess Catastrophe Reinsurance Contract Effective: July 1, 2007 issued to Homeowners Choice Property and Casualty Insurance Company Port St. Lucie, Florida (hereinafter referred to as the “Company”)
Homeowners Choice, Inc. • April 30th, 2008

It Is Hereby Agreed, effective July 1, 2007, that subparagraph 2 of paragraph A and paragraph C of Article XIII - Reinsurance Premium - shall be deleted and the following substituted therefor:

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (the “Agreement”) is entered into between Ronald E. Chapman (“Mr. Chapman”), and Homeowners Choice, Inc., a Florida corporation (“the Company”) (hereinafter collectively, “the Parties”).

SERVICE CONTRACT FOR HOMEOWNERS CLAIMS HANDLING
Service Contract • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS SERVICE CONTRACT FOR HOMEOWNERS CLAIMS HANDLING is made and entered into this 30th day of May, 2007, but is effective for all purposes as of the 1st day of July, 2007, by and between HOMEOWNERS CHOICE MANAGERS, INC., (herein after referred to as the “Client”), and JOHNS EASTERN COMPANY, INC. (hereinafter referred to as the “Service Agent”).

2340 Drew St, LLC As Landlord and Homeowners Choice, Inc As Tenant LEASE AGREEMENT
Lease Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS LEASE AGREEMENT, made and entered into as of the 8th day of April 2008, by and between 2340 Drew St, LLC having its principal office at 965 South Bayshore Boulevard, Safety Harbor, Florida 34695 (the “Landlord”), and Homeowners Choice, Inc, having its address at 145 NW Central Park Plaza, Suite 110, Port St. Lucie, FL 34986 (the “Tenant”).

POLICY ADMINISTRATION AGREEMENT BETWEEN Homeowners Choice Managers, Inc. and Southern Administration, Inc.
Policy Administration Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

This Policy Administration Services Agreement (“Agreement”) is effective as of the 15th day of September 2007 (“Effective Date”) by and between Southern Administration, Inc., (“SA”) a Florida Corporation with principal operating offices at 3125 Fifth Avenue North, Suite 306, St. Petersburg, FL 33713 and Homeowners Choice Managers, Inc. (“HCM”) with principal offices at 145 NW Central Park Plaza, Suite 115 Port St Lucie, Fl 34986, a Florida Corporation.

SOFTWARE LICENSE AND MAINTENANCE AGREEMENT
Software License • April 30th, 2008 • Homeowners Choice, Inc. • Florida

This Software License and Maintenance Agreement (together with all exhibits and other attachments hereto, the “Agreement”) is executed on this 8th day of April, 2008 with an effective date of November 1, 2007 (“Effective Date”), by and between Homeowners Choice, Inc. (“HCI”) and Scorpio Systems, Inc (“Scorpio”).

ASSIGNMENT OF LEASE
Assignment of Lease • April 30th, 2008 • Homeowners Choice, Inc.

This Assignment may be executed and delivered in counterparts, each of which together shall constitute an original and one and the same document, and any facsimile of this Assignment and any signatures hereon shall be treated as originals for all purposes.

CONSULTING AGREEMENT
Consulting Agreement • April 30th, 2008 • Homeowners Choice, Inc. • Florida

THIS CONSULTING AGREEMENT (this “Agreement”) is made and entered into effective as of June 1, 2007 (the “Effective Date”), by and between HOMEOWNERS CHOICE, INC., a Florida corporation (the “Company”), and SCORPIO SYSTEMS, INC., a Florida corporation, whose address is 1520 Gulf Blvd, Suite 1706, Clearwater, Florida 33767 (the “Consultant”).

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