0001193125-10-092539 Sample Contracts

AMENDMENT AGREEMENT NO. 2 TO AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT
Revolving Credit Agreement • April 26th, 2010 • Pmi Group Inc • Surety insurance • New York

AMENDMENT AGREEMENT NO. 2, dated as of April 9, 2010 (this “Agreement”) to the Amended and Restated Revolving Credit Agreement, dated as of May 29, 2009, as amended as of November 9, 2009 (as so amended, the “Credit Agreement”), among The PMI Group, Inc., a Delaware corporation (the “Borrower”), the lenders referred to therein (the “Lenders”) and Bank of America, N.A., as Administrative Agent (in such capacity, together with any successor in such capacity, the “Administrative Agent”).

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THE PMI GROUP, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • April 26th, 2010 • Pmi Group Inc • Surety insurance

The PMI Group, Inc. (the “Company”) hereby grants you, «Name + Nonqualified/Incentive» stock option under the Company’s Amended and Restated Equity Incentive Plan (the “Plan”), to purchase shares of common stock of the Company. The date of this agreement is «Date». In general, the latest date this option will expire is «Date1» (the “Expiration Date”). However, as provided below and in Appendix “A” , this option may expire earlier than the Expiration Date. Subject to the provisions of Appendix A and of the Plan, the principal features of this option are as follows:

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