FIRST AMENDMENT (THE “AMENDMENT”) TO THE EMPLOYMENT AGREEMENT (THE “AGREEMENT”) BETWEEN NORTH POINTE HOLDINGS CORPORATION (THE “COMPANY”) AND JAMES G. PETCOFF (THE “EXECUTIVE”)Employment Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
The Company and the Executive are parties to the Agreement effective June 10, 2005. Effective January 1, 2007, sections 7 and 8 of the Agreement are deleted in order to eliminate reimbursements for automobile allowance and country club dues, and replaced as follows:
REINSURANCE AGREEMENTReinsurance Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
Company is a property and casualty insurance company licensed in various states. Reinsurer is a pure captive insurance company licensed in Washington DC. Company desires to cede to Reinsurer, and Reinsurer desires to assume from Company certain commercial property and casualty insurance business as further described below.
AMENDMENT TO CONSULTING AGREEMENTConsulting Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
The parties signed a Consulting Agreement on March 5, 2003, which governs the terms on which LVM provides certain services for NPIC relating to claims adjusting philosophies and procedures.
NORTH POINTE INSURANCE COMPANY MANAGING GENERAL AGENCY AGREEMENTGeneral Agency Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
THIS AGREEMENT is made on July 1, 2006 between North Pointe Insurance Company, a Michigan insurance corporation, of 28819 Franklin Road, Southfield, MI 48034 (“Company”) and South Pointe Financial Services, Inc., a Michigan corporation, of 10199 Southside Blvd., Suite 200, Jacksonville, FL 32256-0757 (“South Pointe”).
ADDENDUM No. 1 to the REINSURANCE AGREEMENT between NORTH POINTE INSURANCE COMPANY (“Company”) and MIDFIELD INSURANCE COMPANY (“Reinsurer”) Effective: January 1, 2007.Reinsurance Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
REINSURANCE AGREEMENTReinsurance Agreement • March 30th, 2007 • North Pointe Holdings Corp • Fire, marine & casualty insurance
Company is a property and casualty insurance company licensed in various states. Reinsurer is a pure captive insurance company licensed in Washington DC. Company desires to cede and Reinsurer desires to assume certain of its liabilities under insurance coverages written under the Subject Business as further described below.
