Exhibit 10.29


 


SECOND AMENDMENT TO
SERVICE COMPANY CONTRACT


 


THIS SECOND AMENDMENT to
that certain Service Company Contract (hereinafter the “Agreement”) is made
and entered into as of the 1st day of January,
2000, by and between PINNACLE ADMINISTRATIVE COMPANY (formerly known as Florida
Administrators, Inc.), a Florida corporation (hereinafter referred to as
“Management Company”) and PINNACLE BENEFITS, INC., (formerly known as
Compensation Benefits, Inc.) a Florida corporation (hereinafter referred
to as “Service Company”).


 


RECITALS


 


WHEREAS, the Management Company and Service Company
have previously entered into the Agreement effective April 7, 1995; and


 


WHEREAS, the Management Company and Service Company
subsequently entered into that certain “Amendment to Service Company Contract”
effective January 26, 1996 (hereinafter the “First Amendment”); and


 


WHEREAS, as a result of a change of name amendment to
the Articles of Incorporation, Management Company is now legally known as
PINNACLE ADMINISTRATIVE COMPANY; and


 


WHEREAS, as a result of a change of name amendment to
the Articles of Incorporation, Service Company is now legally known as PINNACLE
BENEFITS, INC.; and


 


WHEREAS, PINNACLE ASSURANCE CORPORATION, a Florida
stock insurance company (referred to as “PINNACLE” in the Agreement and in the
First Amendment is now legally known as “AMCOMP PREFERRED INSURANCE COMPANY, a
Florida stock insurance company.


 


NOW THEREFORE, for good and valuable consideration, the
receipt, sufficiency and adequacy of which is hereby conclusively acknowledged
by all parties, it is agreed by and between the Management Company and the
Service Company as follows:


 


1.             The above Recitals are incorporated into the
terms and provisions of this Addendum by reference.


 


2.             “ARTICLE I – DEFINITIONS” at
Section 1.4 of the Agreement, as amended by the First Amendment, shall be
and are hereby amended to read as follows:


 


“1.4         The name “Pinnacle” as utilized throughout
the Agreement, as amended by the First Amendment, is hereby replaced by the name
“AmCOMP”. The name AmCOMP shall mean AmCOMP PREFERRED INSURANCE COMPANY, a


 


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Florida stock insurance
company. Further, all references to “Pinnacle” throughout the Agreement and the
First Amendment shall be amended so as to refer to “AmCOMP” as defined above.


 


3.             All remaining terms and provisions of the
Agreement and the First Amendment shall remain in full force and effect and are
hereby ratified and reaffirmed. In the event of a conflict between the terms
and provisions of this Amendment and the terms and provisions of the Agreement
or the First Amendment, the terms and provisions of this Amendment shall
prevail.


 


IN WITNESS HEREOF the undersigned have executed this Amendment
on the date set forth above.


 


	
   

  	
   

  	
  MANAGEMENT COMPANY:

  
	
   

  	
   

  	
  PINNACLE ADMINISTRATIVE COMPANY

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Debra Cerre-Ruedisili

  	
   

  
	
   

  	
   

  	
  As its Director, Executive Vice President, COO

  
	
   

  	
   

  	
  and Duly Authorized Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SERVICE COMPANY:

  
	
   

  	
   

  	
  PINNACLE BENEFITS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ [ILLEGIBLE]

  	
   

  
	
   

  	
   

  	
  As Its Secretary

  
	
   

  	
   

  	
  and Duly Authorized Agent

  



 


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