AFFIRMATIVE INSURANCE HOLDINGS, INC. RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • March 1st, 2005 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • Delaware
This Restricted Stock Award Agreement (this “Agreement”), made as of the day of , 2004 (the “Grant Date”) by and between Affirmative Insurance Holdings, Inc. (the “Company”), and (the “Grantee”), evidences the grant by the Company of a Stock Award (the “Award”) of restricted Common Stock, par value $0.01 per share (the “Common Stock”) to the Grantee on such date and the Grantee’s acceptance of the Award in accordance with the provisions of the Company’s 2004 Stock Incentive Plan (the “Plan”), a copy of which is attached hereto as Exhibit A.
AFFIRMATIVE INSURANCE HOLDINGS, INC. STOCK OPTION AGREEMENTStock Option Agreement • March 1st, 2005 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • Delaware
This Stock Option Agreement (the “Agreement”) is made and entered into as of the date of grant set forth below (the “Date of Grant”) by and between Affirmative Insurance Holdings, Inc., a Delaware corporation (the “Company”), and the participant named below (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company’s 2004 Stock Incentive Plan (the “Plan”).
