Common use of PREMIUM, REPORTS, REMITTANCES Clause in Contracts

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.1134, subject to a minimum premium of $6,144,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11345.7883, subject to a minimum premium of $6,144,000 5,184,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11344.0568, subject to a minimum premium of $6,144,000 8,400,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11345.8774, subject to a minimum premium of $6,144,000 5,880,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11343.5531, subject to a minimum premium of $6,144,000 10,080,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11344.8790, subject to a minimum premium of $6,144,000 6,720,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11345.3414, subject to a minimum premium of $6,144,000 5,520,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11344.6324, subject to a minimum premium of $6,144,000 7,680,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.11344.6324, subject to a minimum premium of $6,144,000 7,680,000 (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 20101,2010.

PREMIUM, REPORTS, REMITTANCES. A. The Company shall pay to the Subscribing Reinsurer a premium equal to the product of the Average Annual Loss multiplied by 5.1134[***], subject to a minimum premium of $6,144,000 [***] (or a pro rata portion thereof in the event this Contract is terminated prior to January 1, 2011). The Average Annual Loss shall be calculated using the results generated by the Catastrophe Model, using input data provided by the Company for subject business in force at October 1, 2010.