EX-10.37





 Exhibit 10.37 

TENTH AMENDMENT TO CREDIT AGREEMENT 

This TENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made as of July 1, 2018, by and between DONEGAL GROUP INC. a
Delaware corporation (the “Borrower”) and MANUFACTURERS AND TRADERS TRUST COMPANY, a New York banking corporation (the “Bank”); Witnesseth: 

On June 21, 2010, the Borrower and the Bank executed and delivered that certain Credit Agreement (the “Original Credit
Agreement”). The Original Credit Agreement was amended pursuant to a First Amendment to Credit Agreement (the “First Amendment”) dated October 12, 2010, by and between the Borrower and the Bank. The Original Credit
Agreement was amended pursuant to a Second Amendment to Credit Agreement (the “Second Amendment”) dated June 1, 2011, by and between the Borrower and the Bank. The Original Credit Agreement was amended pursuant to a Third
Amendment to Credit Agreement (the “Third Amendment”) dated June 1, 2012, by and between the Borrower and the Bank. The Original Credit Agreement was amended pursuant to a Fourth Amendment to Credit Agreement (the
“Fourth Amendment”) dated December 5, 2012, by and between the Borrower and the Bank. The Original Credit Agreement was amended pursuant to a Fifth Amendment to Credit Agreement (the “Fifth Amendment”) dated
June 1, 2013, by and between the Borrower and the Bank. The Original Credit Agreement was amended pursuant to a Sixth Amendment to Credit Agreement (the “Sixth Amendment”) dated June 1, 2014, by and between the Borrower
and the Bank. The Original Credit Agreement was amended pursuant to a Seventh Amendment to Credit Agreement (the “Seventh Amendment”) dated July 1, 2015, by and between the Borrower and the Bank. The Original Credit Agreement
was amended pursuant to a Eighth Amendment to Credit Agreement (the “Eighth Amendment”) dated July 1, 2016, by and between the Borrower and the Bank. The Original Credit Agreement was amended pursuant to a Ninth Amendment to
Credit Agreement (the “Ninth Amendment”) dated July 1, 2017, by and between the Borrower and the Bank. The Original Credit Agreement as amended pursuant to the First Amendment, the Second Amendment, the Third Amendment, the
Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Eighth Amendment and the Ninth Amendment is hereinafter called the “Credit Agreement.” The Borrower and the Bank have agreed to amend a certain
provision of the Credit Agreement subject to and in accordance with this Amendment. 
 NOW THEREFORE, in consideration of the premises and
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the Bank and the Borrower agree as follows: 

1. Recitals. The Bank and the Borrower acknowledge that the above recitals to this Amendment are true and correct, and agree that the same are
incorporated by reference into the body of this Amendment. Unless otherwise specifically defined herein, all terms defined by the provisions of the Credit Agreement shall have the same meanings ascribed to such terms by the provisions of the Credit
Agreement when used herein. 
 2. Amendment to Credit Agreement. The Credit Agreement is hereby amended by deleting the definition of the term
“Credit Expiration Date” appearing in Article 1 of the Credit Agreement in its entirety and by substituting the following in lieu thereof: 












 ““Credit Expiration Date” means July, 31, 2021.” 

3. Representations and Warranties. The Borrower represents and warrants to the Bank that each and all of the representations and warranties of
the Borrower in the Credit Agreement and the other Financing Documents are true and correct on the date hereof as if the same were made on the date hereof. 

4. Renewal Fee. In consideration for the Bank agreeing to make the amendments set forth herein, the Borrower agrees to pay to the Bank a renewal
fee in the amount of .1% of the Credit Amount. Such fee shall be due upon the Borrower’s execution and delivery of this Amendment. 
 5.
Amendment Only. This Amendment is only an agreement amending a certain provision of the Credit Agreement. All of the provisions of the Credit Agreement are incorporated herein by reference and shall continue in full force and effect as
amended by this Amendment. The Borrower hereby ratifies and confirms all of its obligations, liabilities and indebtedness under the provisions of the Credit Agreement as amended by this Amendment. The Bank and the Borrower agree it is their
intention that nothing herein shall be construed to extinguish, release or discharge or constitute, create or effect a novation of, or an agreement to extinguish, any of the obligations, indebtedness and liabilities of the Borrower or any other
party under the provisions of the Credit Agreement or under any of the other Financing Documents. 
 6. Applicable Law, Etc. This Amendment
shall be governed by the laws of the Commonwealth of Pennsylvania and shall be binding upon and inure to the benefit of the Bank and the Borrower and their respective successors and assigns. 

  
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 SIGNATURE PAGE TO TENTH AMENDMENT TO CREDIT AGREEMENT 

IN WITNESS WHEREOF, the Borrower and the Bank have executed this Amendment under their respective seals, as of the day and year first written
above. 
  

							
	WITNESS/ATTEST:	 		 	DONEGAL GROUP INC.
				
	 /s/ Jeffrey D. Miller
	 		 	By:	 	 /s/ Kevin G. Burke (Seal)

	Jeffrey D. Miller	 		 		 	Kevin G. Burke
	Executive Vice President and	 		 		 	President and Chief Executive Officer
	Chief Financial Officer	 		 		 	
				
	WITNESS:	 		 		 	MANUFACTURERS AND TRADERS TRUST COMPANY
				
	 /s/ Jessica L. Foley
	 		 	By:	 	 /s/ Sarah C. Lesser (Seal)

	Jessica L. Foley	 		 		 	Sarah C. Lesser, Vice President
	(Name)	 		 		 	

  
 COMMONWEALTH OF PENNSYLVANIA, COUNTY OF Lancaster
                 
 On the 5th day of June, in the year 2018, before me, the undersigned, a Notary Public in and for said Commonwealth, personally appeared Kevin G. Burke, personally known to me or proved to me on the basis of
satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of
which the individual acted, executed the instrument. 
  

			
	My Commission Expires: January 10, 2021	  	 /s/ Sheri O. Smith

		  	                Notary Public

 COMMONWEALTH OF PENNSYLVANIA, COUNTY OF YORK
                         

On the 12th day of June, in the year 2018, before me, the undersigned, a Notary Public in
and for said Commonwealth, personally appeared Sarah C. Lesser, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she
executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. 

 

			
	My Commission Expires: April 15. 2022	  	 /s/ Coteelia Reed

		  	                Notary Public


  
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