0001193125-08-232012 Sample Contracts

August 8, 2008
Severance Agreement • November 10th, 2008 • Radian Group Inc • Surety insurance

In order to induce you to remain with Radian Group Inc. and its Subsidiaries (as defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended) (including successors as described below, the “Company”) during the current period of market uncertainty, we have, pursuant to the terms of this letter (the “Agreement”), decided to unilaterally agree to:

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AGREEMENT
Severance Agreement • November 10th, 2008 • Radian Group Inc • Surety insurance • Pennsylvania

THIS AGREEMENT made and entered into this 23 day of January, 2008 by and between Radian Group Inc., a corporation organized and existing under the laws of the state of Delaware (hereinafter referred to as the “Company”), and Richard Altman (hereinafter referred to as the “Executive”).

RADIAN GROUP INC. RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • November 10th, 2008 • Radian Group Inc • Surety insurance

THIS RESTRICTED STOCK AWARD AGREEMENT, dated as of «Date» (the “Grant Date”), is delivered by RADIAN GROUP INC., a Delaware corporation (the “Company”), to «Name», an employee of the Company or one of its Subsidiaries (the “Grantee”).

RADIAN GROUP INC. STOCK OPTION AGREEMENT
Stock Option Agreement • November 10th, 2008 • Radian Group Inc • Surety insurance

THIS STOCK OPTION AGREEMENT, dated August 7, 2008, is delivered by Radian Group Inc., a Delaware corporation (the “Company”), to «Name», an employee of the Company or one of its Subsidiaries (the “Grantee”).

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