Subscription and Shareholder's Agreement

"This Subscription and Shareholders Agreement (the “Agreement”) is made by and between National Contractors Insurance Company, Inc., a Washington, District of Columbia Risk Retention Group, a Washington, District of Columbia corporation (hereinafter referred to as the “Company”), and the undersigned purchaser (hereinafter referred to as the “Purchaser”).

WITNESSETH: WHEREAS, the Company has been organized as a risk retention group pursuant to the Federal Liability Risk Retention Act of 1986, 15 U.S.C. §§ 3901 et seq.(“LRRA”) as a District of Columbia stock captive insurance company underwriting a manuscript policy form of commercial ... "

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