0000950144-05-008358 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 8th, 2005 • Triad Guaranty Inc • Surety insurance • North Carolina

This Employment Agreement (the “Agreement”) is made as of the 19th day of May, 2005, by and between Triad Guaranty Insurance Corporation, an Illinois insurance corporation (the “Company”), and Eric B. Dana (“Employee”).

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EXCHANGE AGREEMENT BY AND AMONG TRIAD GUARANTY INC. COLLATERAL INVESTMENT CORP. AND THE SHAREHOLDERS OF COLLATERAL INVESTMENT CORP. LISTED ON THE SIGNATURE PAGES HERETO Dated as of May 18, 2005
Exchange Agreement • August 8th, 2005 • Triad Guaranty Inc • Surety insurance • Delaware

THIS EXCHANGE AGREEMENT is made as of the 18th day of May, 2005, by and among Triad Guaranty Inc., a Delaware corporation (“Triad”), Collateral Investment Corp., a Delaware corporation (“CIC”), and the shareholders of CIC listed on the signature pages hereto (collectively, the “Principal CIC Shareholders”).

SECOND AMENDMENT to EMPLOYMENT AGREEMENT (“AGREEMENT”) between TRIAD GUARANTY INSURANCE CORPORATION (“COMPANY”) and KEN N. LARD (“EMPLOYEE”) dated AUGUST 3, 2005
Employment Agreement • August 8th, 2005 • Triad Guaranty Inc • Surety insurance

WHEREAS, the parties desire to address changes in the treatment of bonus or incentive compensation under the Agreement in view of the significant change in the duties of Employee; and

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