Exhibit 10.5


 



Addendum 1







to the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith

















It Is Hereby Agreed, effective at 12:01 a.m., Central Standard Time, April 1, 2014, that paragraph J of Article 6 - Retention and Limit - shall be amended to read as follows:








		"J.	'Contract year' as used herein shall mean the period from 12:01 a.m., Central Standard Time, April 1, 2014, to 12:01 a.m., Central Standard Time, April 1, 2015, and each respective 12‐month period thereafter that this Contract continues in force shall be a separate contract year.  However, if this Contract or the participation of a Subscribing Reinsurer is terminated on a 'cutoff' basis, the final contract year, as applicable, shall be from the beginning of the then current contract year until the effective time and date of termination.  In the event this Contract or the participation of a Subscribing Reinsurer is terminated on a 'runoff' basis, the period after the effective time and date of termination through the end of the 'runoff' period shall be considered a separate contract year."










All other terms and conditions of the captioned Contract shall remain unchanged.







In Witness Whereof, the Company by its duly authorized representative has executed this Addendum as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Homeowners of America Insurance Company (for and on behalf of the "Company")







_______________________________________________________













	
14\H00H1006-002


 

	
















Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







Catlin Re Switzerland Ltd. (Bermuda Branch)

Zurich, Switzerland


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Catlin Re Switzerland Ltd. (Bermuda Branch)







_______________________________________________________








	
14\H00H1006-002


 

	











Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







Everest Reinsurance Company

A Delaware Corporation


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Everest Reinsurance Company







_______________________________________________________








	
14\H00H1006-002


 

	











Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







Montpelier Reinsurance Ltd.

Pembroke, Bermuda


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Montpelier Reinsurance Ltd.







_______________________________________________________













	
14\H00H1006-002


 

	











Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







Odyssey Reinsurance Company

Stamford, Connecticut


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Odyssey Reinsurance Company







_______________________________________________________













	
14\H00H1006-002


 

	











Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







SCOR Reinsurance Company

New York, New York


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







SCOR Reinsurance Company







_______________________________________________________













	
14\H00H1006-002


 

	











Endorsement 1







to the







Interests and Liabilities Agreement







attached to and forming part of the







Residential Quota Share


Reinsurance Contract


Effective:  April 1, 2014







entered into by and between







Homeowners of America Insurance Company


Irving, Texas


including any and/or all companies that are or may hereafter become affiliated therewith







and







Taiping Reinsurance Co. Ltd.

Hong Kong


 (hereinafter referred to as the "Subscribing Reinsurer")

















The Subscribing Reinsurer hereby accepts Addendum 1, as duly executed by the Company, as part of the Contract, effective at 12:01 a.m., Central Standard Time, April 1, 2014.







In Witness Whereof, the Subscribing Reinsurer by its duly authorized representative has executed this Endorsement as of the date specified below:







This ________________ day of ____________________________ in the year ____________.







Taiping Reinsurance Co. Ltd.







_______________________________________________________












	
14\H00H1006-002