Exhibit 10.2.18

RESTRICTED STOCK UNIT AGREEMENT

THIS RESTRICTED STOCK UNIT AGREEMENT is made and entered into as of the date
indicated on the signature page under “Date of Agreement” by and between MGIC
Investment Corporation, a Wisconsin corporation (the “Company”), and the
employee of Mortgage Guaranty Insurance Corporation (“MGIC”), or one of its
subsidiaries, whose signature is set forth on the signature page hereto (the
“Employee”).

INTRODUCTION

The Company is awarding Restricted Stock Units to the Employee under the MGIC
Investment Corporation 2015 Omnibus Incentive Plan (such plan as it appears as
Appendix A to the Company’s Proxy Statement dated March 24, 2015 is referred to
as the “Plan”) and this Agreement. The Company may also make cash incentive
awards to the Employee under the Plan, which along with such Restricted Stock
Units may be recovered in certain circumstances.

This Agreement consists of this instrument and the Incorporated Terms dated as
of January 23, 2017 to Restricted Stock Unit Agreement (the “Incorporated
Terms”), which although not attached to this instrument, are part of this
Agreement and were provided to the Employee as indicated in Paragraph 1(b)
below.

The parties mutually agree as follows:

1.    Award of RSUs; Incorporated Terms.

(a)    Subject to the terms and conditions set forth herein, the Company is
confirming the award to the Employee of the number of Restricted Stock Units
(“RSUs”) set forth in the document entitled “Executive Compensation” that was
delivered to the Employee by the Company in January or February 2017 to notify
the Employee of the award of RSUs. The Employee agrees if there is any
difference between the number of RSUs determined by (i) such document, as
delivered to the Employee, and (ii) the number of RSUs awarded by the Committee,
as reflected in the records of the Committee, the number of RSUs reflected in
the records of the Committee shall control.

(b)    The Incorporated Terms are incorporated in this instrument with the same
effect as if they were physically set forth in this instrument. The Incorporated
Terms and this instrument constitute a single agreement which is referred to as
“this Agreement.” The terms “herein,” “hereof,” “above” and similar terms used
in this Agreement refer to this Agreement as a whole. The Incorporated Terms
were made available to the Employee with this Restricted Stock Unit Agreement.
The Employee agrees if there is any difference between the text of the
Incorporated Terms obtained as indicated above and the text of the Incorporated
Terms retained by the Company's Secretary, the text of the copy retained by the
Secretary will control.

IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its
duly authorized signer, and the Employee has executed this Agreement, all as of
the day and year set forth below.
        
Date of Agreement:
As of January 23, 2017
 
 
 
MGIC INVESTMENT CORPORATION

By: _______________________________________
Title: Authorized Signer
 
 
 
 
Sign Here:
Name:

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Certain Terms of the RSUs:
 
RSUs Release Date:
March 4, 2020
 
Performance RSUs Vesting Metric:
 
Dividend Start Date:January 23, 2017