0001193125-09-069438 Sample Contracts

FIRST AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 31st, 2009 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • Illinois

THIS FIRST AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 30th day of March, 2009 (the “Effective Date”) by and between Affirmative Insurance Holdings, Inc. (the “Company”) and Kevin R. Callahan (“Executive”).

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CREDIT SUISSE Eleven Madison Avenue New York, NY 10010
Credit Agreement • March 31st, 2009 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • New York

This THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is dated as of March , 2009, and entered into by and among AFFIRMATIVE INSURANCE HOLDINGS, INC., a Delaware corporation (“Borrower”), the lenders listed on the signature pages hereto, CREDIT SUISSE, CAYMAN ISLANDS BRANCH (“CS”), as Administrative Agent (in such capacity, “Administrative Agent”) and as Collateral Agent (in such capacity, the “Collateral Agent”), THE FROST NATIONAL BANK (“Frost”), as Issuing Bank and Swingline Lender, and for purposes of Section 6 hereof, the other Loan Parties listed on the signature pages hereto. Capitalized terms used but not defined herein having the meaning given them in the Credit Agreement, hereinafter defined.

THIRD AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • March 31st, 2009 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • New York

This THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is dated as of March 27, 2009, and entered into by and among AFFIRMATIVE INSURANCE HOLDINGS, INC., a Delaware corporation (“Borrower”), the lenders listed on the signature pages hereto, CREDIT SUISSE, CAYMAN ISLANDS BRANCH (“CS”), as Administrative Agent (in such capacity, “Administrative Agent”) and as Collateral Agent (in such capacity, the “Collateral Agent”), THE FROST NATIONAL BANK (“Frost”), as Issuing Bank and Swingline Lender, and for purposes of Section 6 hereof, the other Loan Parties listed on the signature pages hereto. Capitalized terms used but not defined herein having the meaning given them in the Credit Agreement, hereinafter defined.

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