OPTION AGREEMENT by and among CREDIT SUISSE FIRST BOSTON (USA), INC., SPS HOLDING CORP., THE PMI GROUP, INC., FSA PORTFOLIO MANAGEMENT INC. and GREENRANGE PARTNERS LLC dated as of August 12, 2005Option Agreement • August 16th, 2005 • Pmi Group Inc • Surety insurance • New York
Option Agreement, dated as of August 12, 2005, by and among Credit Suisse First Boston (USA), Inc., a Delaware corporation (the “Optionee”), SPS Holding Corp., a Delaware corporation (the “Company”), The PMI Group, Inc., a Delaware corporation (“PMI”), FSA Portfolio Management Inc., a New York corporation (“FSA”), and Greenrange Partners LLC, a Connecticut limited liability company (“Greenrange”) (each of Greenrange, PMI and FSA, individually an “Optionor” and collectively the “Optionors”). Certain capitalized terms used in this Agreement have the meanings assigned to them in Article I.
CONTINGENT PAYMENT AGREEMENTContingent Payment Agreement • August 16th, 2005 • Pmi Group Inc • Surety insurance • New York
This Contingent Payment Agreement (the “Agreement”), dated as of August 12, 2005, is among Select Portfolio Servicing, Inc. (“SPS”), Credit Suisse First Boston (USA), Inc. (the “Option Holder”), Greenrange Partners LLC (“Greenrange”), The PMI Group, Inc. (“PMI”) and FSA Portfolio Management, Inc. (“FSA”, and together with Greenrange and PMI, each a “Payee” and collectively the “Payees”).
