AMENDMENT NO. 2 TO CREDIT AGREEMENTCredit Agreement • November 13th, 2013 • Proassurance Corp • Fire, marine & casualty insurance • Delaware
THIS AMENDMENT NO. 2 (this “Amendment”) is made as of November 7, 2013 (the “Effective Date”) by and among PROASSURANCE CORPORATION (the “Borrower”), the lenders listed on the signature pages hereto (the “Lenders”) and U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent (in such capacity, the “Administrative Agent”), under that certain Credit Agreement, dated as of April 15, 2011 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the Borrower, the Lenders and the Administrative Agent. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Credit Agreement.
Standby Letter of Credit Agreement (Standard Version)Letter of Credit Agreement • November 13th, 2013 • Proassurance Corp • Fire, marine & casualty insurance • England
To induce Wells Fargo Bank, National Association and/or any of its branches or affiliates (individually and collectively, “Bank”), in its sole discretion, to issue one or more standby letters of credit (as may be amended from time to time, each a “Credit” and collectively, the “Credits”) at the request of the undersigned (individually and collectively, “Applicant”; jointly and severally, if more than one) and for the account of Applicant named in the Application (as defined below), Applicant agrees that the following terms and conditions of this Standby Letter of Credit Agreement (this “Agreement”) shall apply to any Credit:
PARENT GUARANTYParent Guaranty • November 13th, 2013 • Proassurance Corp • Fire, marine & casualty insurance • New York
This PARENT GUARANTY (this “Agreement”), dated as of November 8, 2013, is made by and among PROASSURANCE CORPORATION, a Delaware corporation (the “Guarantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, including without limitation any of its foreign or domestic branches (the “Lender”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • November 13th, 2013 • Proassurance Corp • Fire, marine & casualty insurance • New York
THIS PLEDGE AND SECURITY AGREEMENT (as the same may be amended, restated, supplemented or otherwise modified from time to time, this “Security Agreement”) is entered into as of November 8, 2013 by and among PROASSURANCE CORPORATION (the “Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, including without limitation any of its foreign or domestic branches (the “Lender”).
