Common use of Premium Clause in Contracts

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 payable in equal quarterly installments of $355,000 on January 1, April 1, July 1 and October 1, 2001. In the event of cancellation, at the option of the Company, the Reinsurer agrees to run-off policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject to a premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 1, April 1, July 1 and October 1, 2002.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 500,000 payable in equal quarterly installments of $355,000 138,750 on January 11st, April 11st, July 1 1st and October 11st, 20011995. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) 12 months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. on such policies. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021996.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 400,000 payable in equal quarterly installments of $355,000 100,000 on January 11st, April 11st, July 1 1st and October 11st, 20011997. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021998.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 355,000 payable in equal quarterly installments of $355,000 88,750 on January 11st, April 11st, July 1 1st and October 11st, 20011998. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021999.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 295,000 payable in equal quarterly installments of $355,000 73,750 on January 1, April 1, July 1 and October 1, 2001. In the event of cancellation, at the option of the Company, the Reinsurer agrees to run-off policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject to a premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 1, April 1, July 1 and October 1, 2002.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 475,000 payable in equal quarterly installments of $355,000 118,750 on January 11st, April 11st, July 1 1st and October 11st, 20011998. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021999.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 2,040,000 payable in equal quarterly installments of $355,000 510,000 on January 1, April 1, July 1 and October 1, 2001. In the event of cancellation, at the option of the Company, the Reinsurer agrees to run-off policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject to a premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 1, April 1, July 1 and October 1, 2002.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 1,125,000 payable in equal quarterly installments of $355,000 281,250 on January 11st, April 11st, July 1 1st and October 11st, 20011999. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20022000.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 1,000,000 payable in equal quarterly installments of $355,000 250,000 on January 1, April 1, July 1 and October 1, 2001. In the event of cancellation, at the option of the Company, the Reinsurer agrees to run-off policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject to a premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 1, April 1, July 1 and October 1, 2002.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 3,450,000 payable in equal quarterly installments of $355,000 862,500 on January 11st, April 11st, July 1 1st and October 11st, 20011997. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021998.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 3,780,000 payable in equal quarterly installments of $355,000 937,500 on January 11st, April 11st, July 1 1st and October 11st, 20011995. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) 12 months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. on such policies. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021996.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 3,100,000 payable in equal quarterly installments of $355,000 775,000 on January 11st, April 11st, July 1 1st and October 11st, 20011998. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021999.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 960,000 payable in equal quarterly installments of $355,000 240,000 on January 11st, April 11st, July 1 1st and October 11st, 20011998. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021999.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 3,600,000 payable in equal quarterly installments of $355,000 900,000 on January 11st, April 11st, July 1 1st and October 11st, 20011999. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20022000.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 6,484,000 payable in equal quarterly installments of $355,000 1,621,000 on January 1, April 1, July 1 and October 1, 2001. In the event of cancellation, at the option of the Company, the Reinsurer agrees to run-off policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject to a premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 1, April 1, July 1 and October 1, 2002.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 556,000 payable in equal quarterly installments of $355,000 139,000 on January 11st, April 11st, July 1 1st and October 11st, 20011998. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20022000.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 1,170,000 payable in equal quarterly installments of $355,000 310,000 on January 11st, April 11st, July 1 1st and October 11st, 20011995. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) 12 months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. on such policies. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021996.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 440,000 payable in equal quarterly installments of $355,000 112,500 on January 11st, April 11st, July 1 1st and October 11st, 20011995. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) 12 months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. on such policies. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021996.

Premium. A. The Company shall pay to the Reinsurer a minimum and deposit premium of $1,420,000 500,000 payable in equal quarterly installments of $355,000 125,000 on January 11st, April 11st, July 1 1st and October 11st, 20011997. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021998.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 1,080,000 payable in equal quarterly installments of $355,000 270,000 on January 11st, April 11st, July 1 1st and October 11st, 20011997. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20021998.

Premium. A. The Company shall pay to the Reinsurer a deposit premium of $1,420,000 416,000 payable in equal quarterly installments of $355,000 104,000 on January 11st, April 11st, July 1 1st and October 11st, 20011999. In the event of cancellation, at the option of the Company, the Reinsurer agrees Company elects to run-run off its policies in force until natural expiration, not to exceed twelve (12) months from the expiration date hereon, subject the Company shall pay to the Reinsurer a run-off premium equal to 50% of the Actual Earned Reinsurance Premium, as set forth in paragraph B. The run-off premium shall be paid in equal quarterly installments on January 11st, April 11st, July 1 1st and October 11st, 20022000.