INTERESTS AND LIABILITIES AGREEMENT
(hereinafter referred to as the "Agreement")
to the
SECOND CASUALTY CATASTROPHE EXCESS OF LOSS
REINSURANCE CONTRACT
(hereinafter referred to as the "Contract")
between
SELECTIVE INSURANCE COMPANY OF AMERICA
SELECTIVE WAY INSURANCE COMPANY
SELECTIVE INSURANCE COMPANY OF THE SOUTHEAST
SELECTIVE INSURANCE COMPANY OF SOUTH CAROLINA
EXCHANGE INSURANCE COMPANY
(hereinafter referred to either individually or collectively as the "Company")
and
(hereinafter referred to as the "Subscribing Reinsurer")
It is mutually agreed by and between the Company on the one part and the Subscribing Reinsurer on the other
part that the Subscribing Reinsurer's share in the interests and liabilities of the Reinsurers as set forth inthe
Contract, to which this Agreement is attached, shall be for %.
The share of the Subscribing Reinsurer in the interests and liabilities of the Reinsurers in respect of said Contract
shall be separate and apart from the shares of such other subscribing reinsurers, if any, to said Contract. The
interests and liabilities of the Subscribing Reinsurer shall not be joint with those of such other subscribing
reinsurers and in no event shall the Subscribing Reinsurer participate in the interests and liabilities of such other
subscribing reinsurers.
This Agreement shall become effective commencing 12:01 a.m., Eastern Standard Time, January 1,1996, in
respect of business in force at such date or business incepting, renewing or having an anniversary date on and
after such date, and shall remain in effect until 12:01 a.m., Eastern Standard Time, January 1,1997.
Effective: January 1, 1996
3645-16/02
PAGE
The interests and liabilities of the Subscribing Reinsurer therein may not be changed, altered and amended unless
such change, alteration and amendment is evidenced by Endorsement to this Agreement executed by the
Company and the Subscribing Reinsurer.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed b