FISCAL AGENCY AGREEMENT between AMBAC ASSURANCE CORPORATION Issuer and THE BANK OF NEW YORK MELLON Fiscal Agent Dated as of June 7, 2010 5.1% Surplus Notes scheduled to mature on June 7, 2020Fiscal Agency Agreement • June 8th, 2010 • Ambac Financial Group Inc • Surety insurance • New York
FISCAL AGENCY AGREEMENT (this “Agreement”), dated as of June 7, 2010, between AMBAC ASSURANCE CORPORATION, a Wisconsin-domiciled insurance corporation (and any successor in interest thereto, the “Issuer”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as Fiscal Agent (as defined herein). The Exhibits attached hereto shall be deemed to be a part of this Agreement.
SETTLEMENT AGREEMENTSettlement Agreement • June 8th, 2010 • Ambac Financial Group Inc • Surety insurance • New York
WHEREAS, the parties hereto have been in ongoing negotiations regarding a comprehensive settlement with respect to certain obligations under such policies and related matters.
COMMUTATION AGREEMENT1Commutation Agreement • June 8th, 2010 • Ambac Financial Group Inc • Surety insurance • New York
THIS COMMUTATION AGREEMENT (this “Agreement”) is made as of June 7, 2010 by and among the Policy Beneficiary identified on the signature page hereof (the “Policy Beneficiary”), Ambac Credit Products, LLC (“ACP”) and Ambac Assurance Corporation (“AAC”).
AMENDMENT NO. 3 TO TAX SHARING AGREEMENTTax Sharing Agreement • June 8th, 2010 • Ambac Financial Group Inc • Surety insurance
This Amendment No. 3 to the Tax Sharing Agreement (“Amendment No. 3”) is executed on June 7, 2010 by and among Ambac Financial Group, Inc. (formerly known as AMBAC Inc.) (“Ambac” or “Parent”) and each of the other corporations that are parties to the Prior Agreement, as defined below (each of such other corporations, individually, a “Subsidiary” and, collectively, the “Subsidiaries”).
