January 18, 1998 Mr. Norman Blake 7117 Bellona Avenue Baltimore, MD 21212 Dear Mr. Blake: Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 19, 1998, among Parent ("Parent"), Merger Subsidiary ("Sub") and USF&G...St Paul Companies Inc /Mn/ • March 27th, 1998 • Fire, marine & casualty insurance
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 19, 1998, among Parent ("Parent"), Merger Subsidiary ("Sub") and USF&G Corporation (the "Company"), Sub will merge with and into the Company ("Merger"), subject to the terms and conditions set forth in the Merger Agreement. Capitalized terms which are used but not defined herein shall have the meanings ascribed to such terms in the Severance Agreement (as defined below) or in the Merger Agreement.
