NEW JERSEY PERSONAL AUTOMOBILE INSURANCE PLAN LIMITED ASSIGNMENT DISTRIBUTION (LAD) AGREEMENT BETWEEN AUTOONE INSURANCE COMPANY (LAD CARRIER) AND PROFORMANCE INSURANCE COMPANY (BUY-OUT COMPANY)New Jersey Personal Automobile Insurance Plan • July 30th, 2004 • National Atlantic Holdings Corp
Subject to approval by the Personal Automobile Insurance Plan (PAIP or Plan) Governing Committee, and subject to payments specified below, AutoOne Insurance Company (formerly known as General Assurance Company (LAD Carrier) agrees to assume the assignment obligation of the Proformance Insurance Company (Buy-Out Company) only with respect to the recently acquired Sentry Insurance A Mutual Company and Metropolitan Property and Casualty Insurance Company (formerly US Fidelity & Guaranty Co.) books of business (Defined Assignment Obligations). The LAD Carrier and Buy-Out Company agree further that:
NEW JERSEY PERSONAL AUTOMOBILE INSURANCE PLAN LIMITED ASSIGNMENT DISTRIBUTION (LAD) AGREEMENT BETWEEN THE CLARENDON NATIONAL INSURANCE COMPANY (LAD CARRIER) AND PROFORMANCE INSURANCE COMPANY (BUY-OUT COMPANY)New Jersey Personal Automobile Insurance Plan • July 30th, 2004 • National Atlantic Holdings Corp
Subject to approval by the Personal Automobile Insurance Plan (PAIP or Plan) Governing Committee, and subject to payments specified below, the Clarendon National Insurance Company (LAD Carrier) agrees to assume the assignment obligation of the Proformance Insurance Company (Buy-Out Company) as follows: assignment obligations of the Proformance Insurance business and the acquired Ohio Casualty Company business but excludes the assignment obligations of the recently acquired Sentry, a Mutual Company and Metropolitan Property and Casualty Insurance Company (formerly US Fidelity & Guaranty Co.) books of business (“Defined Assignment Obligations”). The LAD Carrier and Buy-Out Company agree further that:
