EXHIBIT 10.30
ENDORSEMENT NUMBER 1
Attaching to and forming part of Contract Number 8DDD999-A122
(hereinafter "Agreement")
between
ZENITH NATIONAL INSURANCE GROUP,
CALFARM INSURANCE COMPANY,
ZNAT INSURANCE COMPANY AND
ZENITH STAR INSURANCE COMPANY
and
INTER-OCEAN REINSURANCE COMPANY LTD.
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It is hereby noted and agreed that effective December 31, 1999, any Letter of
Credit required under the Agreement shall be issued in a form acceptable to
the insurance regulatory authorities in the State of California, in the
United States of America and shall be governed by California law.
All other terms, clauses and conditions of the Agreement remain unchanged.
For and on behalf of
INTER-OCEAN REINSURANCE COMPANY LTD.
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇
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Dated this 22nd day of December, 1999
Signed for and on behalf of
ZENITH INSURANCE COMPANY,
CALFARM INSURANCE COMPANY,
ZNAT INSURANCE COMPANY AND
ZENITH STAR INSURANCE COMPANY
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
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SIGNATURE
Executive Vice President, Chief
Operating Officer December 22, 1999
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TITLE DATE