Common use of Plans and Reports Clause in Contracts

Plans and Reports. HM shall promptly deliver, or cause the delivery, to Option Writer of copies of (a) HM's most recent two (2) year future business plan, which plan will generally be available on or about March 1 of each calendar year, (b) HM's most recent Form 10-K and Annual Report, and (c) the most recent statutory annual statements for the HM Insurance Subsidiaries. The failure of HM to deliver any such items shall not be deemed a breach of this Agreement unless such item is actually available, has been requested in writing by Option Writer, and has not been delivered by HM within thirty (30) days after HM's receipt of such request. Option Writer shall keep all documents or information delivered to Option Writer pursuant to this Section 6.12 (except for the Form 10-K and Annual Report and statements described in clauses (b) and (c) above) in strictest confidence and shall use them solely in connection with the Transaction Agreements, except as otherwise required by law.

Plans and Reports. HM shall promptly deliver, or cause the deliveryto be ----------------- delivered, to Option Writer of copies of (a) HM's most recent two (2) year future business plan, which plan will generally be available on or about March 1 of each calendar year, (b) HM's most recent Annual Report on Form 10-K and Annual ReportReport to Shareholders, and (c) the most recent statutory annual statements Annual Statements for the HM Insurance Subsidiaries. The failure of HM to deliver any such items shall not be deemed a breach of this Agreement unless such item is actually available, has been requested in writing by Option Writer, Writer and has not been delivered by HM within thirty (30) days after HM's receipt of such request. Option Writer shall keep all documents or information delivered to Option Writer pursuant to this Section 6.12 (except for the Form 10-K and Annual Report and statements described in clauses (b) and (c) above) in strictest confidence and shall use them solely in connection with the Transaction Agreements, except as otherwise required by law.

Plans and Reports. HM shall promptly deliver, or cause the deliveryto be delivered, to Option Writer of copies of (a) HM's most recent two (2) year future business plan, which plan will generally be available on or about March 1 of each calendar year, (b) HM's most recent Annual Report on Form 10-K and Annual ReportReport to Shareholders, and (c) the most recent statutory annual statements Annual Statements for the HM Insurance Subsidiaries. The failure of HM to deliver any such items shall not be deemed a breach of this Agreement unless such item is actually available, has been requested in writing by Option Writer, Writer and has not been delivered by HM within thirty (30) days after HM's receipt of such request. Option Writer shall keep all documents or information delivered to Option Writer pursuant to this Section 6.12 (except for the Form 10-K and Annual Report and statements described in clauses (b) and (c) above) in strictest confidence and shall use them solely in connection with the Transaction Agreements, except as otherwise required by law.