0001275287-06-003478 Sample Contracts

AMENDMENT TO LOAN AGREEMENT
Loan Agreement • July 7th, 2006 • CRM Holdings, Ltd. • Services-management services

This Amendment dated as of the 30th day of June, 2006, by and between COMPENSATION RISK MANAGERS, LLC., a New York limited liability company with offices at 112 Delafield Street, Poughkeepsie, New York 12601 (“Borrower”) and KEYBANK NATIONAL ASSOCIATION, a national banking association with offices at 4910 Tiedeman Road, OH-01-51-0541, Brooklyn, Ohio 44144 (“Lender”) to that certain Amended and Restated Loan Agreement dated October 3, 2005 between Borrower and Lender (the “Agreement”).

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AMENDMENT TO LOAN AGREEMENT
Loan Agreement • July 7th, 2006 • CRM Holdings, Ltd. • Services-management services

This Amendment dated as of the 30th day of June, 2006, by and between TWIN BRIDGES (BERMUDA) LTD., a Bermuda Company whose registered office is at Cannon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda (“Borrower”) and KEYBANK NATIONAL ASSOCIATION, a national banking association with offices at 4910 Tiedeman Road, OH-01-51-0541, Brooklyn, Ohio 44144 (“Lender”) to that certain Amended and Restated Loan Agreement dated October 3, 2005 between Borrower and Lender, as Amended in December 2005 (the “Agreement”).

AMENDMENT TO LOAN AGREEMENT
Loan Agreement • July 7th, 2006 • CRM Holdings, Ltd. • Services-management services

This Amendment dated as of the 30th day of June, 2006, by and between TWIN BRIDGES (BERMUDA) LTD., a Bermuda Company whose registered office is at Cannon’s Court, 22 Victoria Street, Hamilton HM 12, Bermuda (“Borrower”) and KEYBANK NATIONAL ASSOCIATION, a national banking association with offices at 4910 Tiedeman Road, OH-01-51-0541, Brooklyn, Ohio 44144 (“Lender”) to that certain Amended and Restated Loan Agreement dated October 3, 2005 between Borrower and Lender, as Amended in December 2005 (the “Agreement”)

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