Supplemental Non-Qualified Pension Agreement Sample Contracts

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November 19, 2004 ASA (Bermuda) Limited 11 Summer Street 4th Floor Buffalo, NY 14209 Re: Supplemental Non-Qualified Pension Agreement -------------------------------------------- Ladies and Gentlemen: In connection with the reorganization of ASA...
Supplemental Non-Qualified Pension Agreement • December 1st, 2004 • Asa Bermuda LTD

In connection with the reorganization of ASA Limited ("ASA") into ASA (Bermuda) Limited ("ASAB"), which is scheduled to close on November 19, 2004 ("Closing Date"), ASA hereby conveys and assigns all rights, interests and obligations under the Supplemental Non-Qualified Pension Agreement ("Pension Agreement") to ASAB without recourse, effective as of the close of business on the Closing Date of the reorganization.

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