0001193125-08-058007 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • March 17th, 2008 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • Illinois

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 1st day of December, 2007 (the “Effective Date”) by and between Affirmative Insurance Holdings, Inc. (the “Company”) and Michael McClure (“Executive”).

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SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • March 17th, 2008 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • Texas

This Separation and Release Agreement (the “Agreement”) is entered into between Affirmative Services, Inc. (the “Company”) and Mark E. Pape (the “Executive”) (the Company and the Executive will be collectively referred to hereinafter as the “Parties”).

SECOND AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • March 17th, 2008 • Affirmative Insurance Holdings Inc • Fire, marine & casualty insurance • New York

This SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is dated as of January , 2008, and entered into by and among AFFIRMATIVE INSURANCE HOLDINGS, INC., a Delaware corporation (“Borrower”), the lenders party thereto that are party hereto (the “Required Lenders”), CREDIT SUISSE, CAYMAN ISLANDS BRANCH (“CS”), as Administrative Agent (in such capacity, “Administrative Agent”), as Collateral Agent (in such capacity, the “Collateral Agent”), and THE FROST NATIONAL BANK (“Frost”), as Issuing Bank and Swingline Lender. Capitalized terms used but not defined herein having the meaning given them in the Credit Agreement, hereinafter defined.

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