Exhibit 10.30


 


THIRD AMENDMENT TO SERVICE
COMPANY CONTRACT


 


This Third Amendment to that
certain Service Company Contract (hereinafter referred to as the “Agreement”)
is made and entered into as of the 16th day of
December, 1997, by and between Pinnacle Administrative Company (formerly known
as Florida Administrators, Inc.), a Florida corporation (hereinafter
referred to as the “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 the Service Company have previously entered into the Agreement
effective April 7, 1995; and


 


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


 


WHEREAS, the Management
Company and the Service Company subsequently entered into that certain “Second
Amendment to Service Company Contract” effective January 1, 2000,
(hereinafter referred to as the “Second Amendment”); and


 


WHEREAS, the Management
Company has entered into that certain Management Company Contract (“AmCOMP
Assurance Management Agreement”) between Management Company and AmCOMP
Assurance Corporation, a Florida stock insurance company, said AmCOMP Assurance
Management Agreement being dated December 16, 1997, as thereafter amended;
and


 


WHEREAS, the Management
Company and the Service Company have agreed to expand the scope of the
Agreement also to include all of those claims
related services to be provided by Management Company to or on behalf of AmCOMP
Assurance Corporation under the AmCOMP Assurance Management Agreement which are
within the scope and duties and responsibilities of the Service Company under
the Agreement; and


 


WHEREAS, the Service Company
has agreed to accept and to assume all of the duties and responsibilities of
the Management Company relating to claims and claims servicing under the AmCOMP
Assurance Management Agreement in addition to those duties and responsibilities
relating to claims and claims servicing of AmCOMP Preferred Insurance Company
under the Agreement.


 


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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 Third Amendment by reference.


 


2.             “Article I – Definitions” at
Section 1.4 of the Agreement, as previously amended, shall further be and
are hereby amended to read as follows:


 


“1.4, the term “AmCOMP” as
utilized throughout the Agreement shall be deemed to mean: (1) AmCOMP
Preferred Insurance Company, a Florida stock insurance company, and
(2) AmCOMP Assurance Corporation, a Florida stock insurance company.  In addition to those claims related duties,
services and obligations already covered by the Agreement, as amended, relating
to AmCOMP Preferred Insurance Company, the Service Company hereby additionally
agrees and undertakes to perform all of those claims related duties, services
and obligations as described and as set forth in the Agreement, as amended,
necessary to fulfill all of the Management Company’s claims related duties and
obligations under the AmCOMP Assurance Management Agreement, as thereafter
amended.  The Service Company shall
maintain separate records as to the AmCOMP Preferred Insurance Company claims
and the AmCOMP Assurance Corporation claims involving or relating to its duties
and responsibilities under the Agreement, as amended.”


 


3.             All remaining terms and provisions of the
Agreement, as previously amended, 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 prior amendments, the terms and provisions
of this Third Amendment shall prevail.


 


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IN WITNESS WHEREOF, the
undersigned have executed this Third Amendment to Service Company Contract
effective as of the date set forth above.


 


 


	
  Witnesses:

  	
   

  
	
   

  	
   

  
	
   

  	
  MANAGEMENT COMPANY: PINNACLE

  ADMINISTRATIVE COMPANY

  
	
   

  	
   

  
	
  /s/ Laura Newstead

  	
   

  	
  By:

  	
  /s/ Debra Cerre-Ruedisili

  	
   

  
	
  Print Name:  Laura Newstead

  	
   

  	
  As Its Director, Executive Vice President

  Chief Operating Officer

  
	
  /s/ Jay Di Egidio

  	
   

  	
   

  	
  And Duly Authorized Agent

  
	
  Print Name:  Jay Di Egidio

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SERVICE COMPANY: PINNACLE

  BENEFITS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ Lisa Patterson

  	
   

  	
  By:

  	
  /s/ [ILLEGIBLE]

  	
   

  
	
  Print Name:  Lisa Patterson

  	
   

  	
  As Its Secretary

  
	
   

  	
   

  	
  And Duly Authorized Agent

  
	
  /s/ Jay Di Egidio

  	
   

  	
   

  	
   

  
	
  Print Name:  Jay Di Egidio

  	
   

  	
   

  
						



 


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