GROUP LTD Clause Samples

GROUP LTD. By: ----------------------------------- Name: Title:

GROUP LTD a corporation incorporated pursuant to the laws of the British Virgin Islands registered under BVI Company Number 1057655 having an address of PO Box 0830-01906 Calle B Marbella, Edificio Sol Marina ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ (Attention: ▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇) and an e-mail address of ▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and a facsímile number of +▇▇▇ ▇▇▇ ▇▇▇▇; (the “Licensor”) SIMPLE TECH INC., a company incorporated pursuant to the laws of the State of Nevada, with an address of ▇▇▇▇ ▇▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇) having an e-mail address of ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ and a facsimile number of ▇▇▇ ▇▇▇ ▇▇▇▇; SONNEN CORPORATION, a company incorporated pursuant to the laws of the State of Nevada, with an address of ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ as a wholly owned subsidiary of Simple Tech Inc.; (together the “Licensee”) ▇▇▇▇ ▇▇▇▇▇▇▇, Project Manager of the Licensor, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ having an e-mail address of ▇▇▇▇.▇.▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ and a facsimile number of ▇▇▇ ▇▇▇ ▇▇▇▇. (the “Project Manager”)

GROUP LTD. By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- PXRE CAPITAL STATUTORY TRUST V By: ------------------------------------ Name: ---------------------------------- Title: Administrator EXHIBIT B-1-A ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ [CLOSING], 2003 I-Preferred Term Securities III, Ltd. c/o Maples Finance Limited P.O. Box 1093 GT Queensgate House South Ho▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇d Cayman Islands British West Indies F▇▇ ▇▇▇ancial Capital Markets 845 Crossover Lane, Suite 150 Memphis, Tennessee 38117 Keefe, Bruyet▇▇ & ▇▇▇▇▇, ▇▇▇. ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ Yo▇▇ ▇▇▇▇9 Re: ▇▇▇▇▇/▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇le Interest Debentures due 2033 of PXRE Group, Ltd.

GROUP LTD. By: ---------------------------------------

GROUP LTD. By: ---------------------------------- Name: -------------------------------- PXRE Group Ltd. Swan Building 26 Victoria ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇ ▇▇ Exhibit A to Exhibit G Definitions for Officer's Financial Certificate INSURANCE COMPANY

GROUP LTD. By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- PXRE CAPITAL STATUTORY TRUST II By: ---------------------------------------- Name: -------------------------------------- Title: Administrator ▇▇▇▇▇▇▇ ▇-▇-▇ FORM OF COMPANY COUNSEL OPINION [__________], 2003 I-Preferred Term Securities II, Ltd. ▇/▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ House South House South Church Street ▇▇▇▇▇▇ Town, Grand Cayman Grand Cayman Islands British West Indies FTN Financial Capital Markets ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Re: Fixed/ Floating Rate Junior Subordinated Deferrable Interest Debentures due 2033 of PXRE Group, Ltd.

GROUP LTD a corporation incorporated pursuant to the laws of the British Virgin Islands registered under BVI Company Number 1057655, with an address of PO Box 0830-01906 Calle B Marbella, Edificio Sol ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇; (the “Licensor”) SIMPLE TECH INC., a company incorporated pursuant to the laws of the State of Nevada, with an address of ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇, ▇▇ ▇▇▇▇▇; SONNEN CORPORATION, a company incorporated pursuant to the laws of the State of Nevada, with an address of ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ as a wholly owned subsidiary of Simple Tech Inc.; (together the “Licensee”)