0001010247-06-000054 Sample Contracts

SEVERANCE AGREEMENT BETWEEN FPIC INSURANCE GROUP, INC. AND CHARLES DIVITA, III
Severance Agreement • December 14th, 2006 • Fpic Insurance Group Inc • Life insurance • Florida

THIS AGREEMENT, effective as of the 8th of December, 2006, between FPIC Insurance Group, Inc., a Florida corporation (the “Company"), and Charles Divita, III, an individual (the "Executive").

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EXTENSION OF EMPLOYMENT AGREEMENT
Extension of Employment Agreement • December 14th, 2006 • Fpic Insurance Group Inc • Life insurance

Charles Divita, III (“Employee”) and FPIC Insurance Group, Inc. (“Employer”) are parties to an Amended and Restated Employment Agreement dated as of December 14, 2005 (the “Employment Agreement”). The Employment Agreement provides for employment for a term beginning July 26, 2004 and ending December 31, 2006 by Employee and further provides that the term of Employee’s employment thereunder may be extended for additional one-year terms prior to the end of each calendar year.

EXTENSION OF EMPLOYMENT AGREEMENT
Extension of Employment Agreement • December 14th, 2006 • Fpic Insurance Group Inc • Life insurance

John R. Byers (“Employee”) and FPIC Insurance Group, Inc. (“Employer”) are parties to an Employment Agreement dated January 1, 1999, as amended by an Amendment to Employment Agreement dated December 14, 2001 (the “Employment Agreement”). The Employment Agreement provides for a three-year term of employment by Employee and further provides that the term of Employee’s employment thereunder may be extended for additional one-year terms prior to the end of each calendar year. The term of Employee’s employment under the Employment Agreement has been so extended each year and currently continues through December 31, 2008.

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