0001193125-09-152280 Sample Contracts

COMMUTATION AND RELEASE AGREEMENT

Commutation and Release Agreement • July 21st, 2009 • Radian Group Inc • Surety insurance • New York

• Contract Type
  Commutation and Release Agreement
• Filed
  July 21st, 2009
• Company
  Radian Group Inc
• Industry
  Surety insurance
• Jurisdiction
  New York

This Commutation and Release Agreement (the “Commutation Agreement”), dated July 20, 2009, is entered into by and among Ambac Assurance Corporation (“AAC”), Ambac Assurance UK Limited (“AUK” and, collectively with AAC, the “Company”) and Radian Asset Assurance Inc. (the “Reinsurer”). Each of the Company and the Reinsurer are referred to herein as a “Party” and collectively as the “Parties”.