Document:

Exhibit 4.5

EQUITY CONTRIBUTION AGREEMENT

                    EQUITY CONTRIBUTION AGREEMENT, dated as of July 10, 1998 among BRW Acquisition, Inc., a Delaware corporation (“Acquisition”), Bristol West Associates, LLC, a Delaware limited liability corporation (“Associates”), Fisher Capital Corp., LLC, a Delaware limited liability company (“Fisher”), and the parties listed on Annex I hereto under Stockholder Contributors (the “Stockholder Contributors” and, collectively with Associates and Fisher, the “Contributors”).

                    WHEREAS, pursuant to a Stock and Asset Purchase Agreement dated as of February 19, 1998, as amended (the “Purchase Agreement”), among Acquisition, David N. Rosner and Richard A. Simon and the other stockholders listed on the signature pages thereof (which other stockholders include the Stockholder Contributors) Acquisition has agreed to purchase certain stock and assets of companies controlled by such stockholders (the “Bristol West Group”);

                    WHEREAS, the Stockholder Contributors wish to contribute certain shares of capital stock of companies in the Bristol West Group to Acquisition in exchange for shares of common stock, par value $.01 per share, of Acquisition (the “Common Stock”);

                    WHEREAS, Associates and Fisher wish to contribute cash to Acquisition in exchange for shares of Common Stock; and

                    WHEREAS, Acquisition wishes to issue shares of Common Stock to the Contributors;

                    NOW THEREFORE, to implement the foregoing and in consideration of the mutual agreements contained herein, the parties agree as follows:

                    1.          Contributions of Cash and Stock in Exchange for Common Stock. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined in the Purchase Agreement), in a single overall plan and transaction, each Contributor shall contribute to Acquisition the respective amounts of cash and/or shares of capital stock of the Bristol West Group company appearing opposite the name of such Contributor in Annex I hereto, and Acquisition shall issue and deliver to each such Contributor the number of shares of Common Stock appearing opposite such Contributor’s name in Annex I hereto. The purchase price for shares of Common Stock shall be $500.00 per share. Shares of stock of companies in the Bristol West Group shall be valued as indicated on Annex I hereto for
purposes of determining the number of shares of Common Stock to be issued to any Contributor contributing shares of a company in the Bristol West Group. The shares of Common Stock to be delivered to the Contributors hereunder are herein called the “Shares”.

                    2.          Certain Tax Matters. It being understood that nothing herein shall constitute a representation or warranty as to the tax consequences to any party of the transactions hereunder, the Contribution hereto shall, for all federal, state and local income tax purposes, treat the transaction effected pursuant to Section 1 hereof as collectively 

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constituting a transaction under Section 351 of the Internal Revenue Code of 1986, as amended (the “Code”) in which the Contributors transfer property to Acquisition in exchange for stock in Acquisition and immediately after the exchange the Contributors are in control (as defined in Section 368(c) of the Code) of Acquisition.

                    3.          Registration Rights.  Acquisition hereby grants to Associates the rights to have the Common Stock registered under the Securities Act of 1933, as amended, as provided in the Registration Rights Agreement to be entered into between Acquisition and Associates in substantially the form attached hereto as Annex A, or pursuant to one or more other agreements with Acquisition (or its successor) to be entered into after the date hereof.

                    4.          Management. On or after the date hereof and for so long as Associates owns any equity or debt securities of Acquisition, Associates shall have the right to elect at least two members of the Board of Directors of Acquisition and shall also have the right to substantially participate in and substantially influence the conduct of the management of Acquisition and its business through its representation on Acquisition’s Board of Directors.

                    5.          Fees and Expenses. Acquisition agrees that, whether or not the transactions contemplated by this Agreement are consummated, Acquisition will pay or cause to be paid all costs and expenses arising in connection with the preparation, execution, administration and enforcement of, and the preservation of rights under, this Agreement, including, without limitation:

	
  
 
  	
  
          (a)          all   taxes (other than taxes based on income), fees or other charges which may be   payable in connection with the transactions contemplated hereby;
  
	
   
  	
  
 
  
	
  
 
  	
  
          (b)          all   expenses incurred by Associates in connection with the maintenance of their   books and records, preparation of tax returns and delivery of tax information   to their respective partners or members;
  
	
  
 
  	
  
 
  
	
  
 
  	
  
          (c)          all   expenses incurred by Associates in connection with their respective   organization, including, without limitation, legal fees; and
  
	
  
 
  	
  
 
  
	
  
 
  	
  
          (d)          all   reasonable travel and other out-of-pocket expenses of the general partner or   senior member, as the case may be, of Associates incurred in connection with   the operation and business of such entity’s ownership of the Common Stock.
  

In addition, after consummation of the transactions contemplated by this Agreement and so long as Associates owns any shares of Common Stock acquired pursuant to this Agreement, Acquisition will reimburse each such entity or the general partner thereof for all costs incurred in transmitting information regarding Acquisition to the members of Associates or in distributing dividends or other distributions received from Acquisition to Associates.

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                    6.          Indemnification. Whether or not the transactions contemplated hereby are consummated, Acquisition agrees to indemnify and hold harmless Associates and its members and its affiliates (and the directors, officers, affiliates and controlling persons thereof, each an “Indemnitee”) from and against any and all liability, including without limitation, all losses, liabilities, damages, deficiencies, obligations, costs, fines and assessments, penalties, claims, actions, injuries, demands, suits, judgments, proceedings, investigations, arbitrations (including shareholder claims, actions, injuries, demands, suits, judgments, proceedings, investigations or arbitrations) and expenses, including, without limitation, accountant’s and attorney’s fees and expenses incurred
by Associates or an Indemnitee before or after the date of this Agreement and arising out of, resulting from, or relating to (i) the operations of Acquisition, (ii) Associates’ purchase and/or ownership of the shares of Common Stock or (iii) any litigation to which Associates or a Indemnitee is made a party in its capacity as a stockholder or owner or securities (or a partner, director, officer, affiliate or controlling person of Associates) of Acquisition.

                    7.          No Liability. Notwithstanding any other provision of this Agreement, no member nor any future member of Associates shall have any personal liability for performance of any obligation of Associates under this Agreement in excess of their respective capital contribution of such member to Associates.

                    8.          Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

                    9.          Successors. This Agreement shall be binding upon and inure to the benefit of the parties to this Agreement and their respective successors and assigns, including, without limitation, successors by merger.

                    10.          Counterparts.  This Agreement may be executed in two or more counterparts each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument.

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                    IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

	
  
 
  	
  
BRW   ACQUISITION, INC.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
By: 
  	
  
/s/ Todd   Fisher
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
Name:
  
	
  
 
  	
  
 
  	
  
Title:
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
BRISTOL WEST   ASSOCIATES LLC
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
By:   KKR 1996   Fund L.P., its Member
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
By:   KKR   Associates 1996 L.P., its General Partner
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
By:   KKR 1996 GP   LLC, its General Partner
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
By:   /s/ Perry   Golkin
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
         Its Member
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/  Jeanne Rosner
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
JEANNE   ROSNER
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/  Jeffrey Rosner
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
JEFFREY   ROSNER
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/  Sylvia Rosner
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
SYLVIA   ROSNER
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/  Wendy Schlesinger
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
WENDY   SCHLESINGER
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/  Donald Simon
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
 
  	
  
DONALD SIMON
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
FISHER   CAPITAL CORP. LLC
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/ James R.   Fisher
  
	
  
 
  	
  
 
  	
  

  
	
  
 
  	
  
Name: 
  	
  
James R.   Fisher
  
	
  
 
  	
  
Title: 
  	
  
Managing   Member
  

ANNEX I

	
  Name
  	
   
 	
  
Contribution   (Cash or Bristol West Group company stock)
  	
   
 	
  
Value
  	
   
 	
  
Shares of   Acquisition Common Stock
  
	
  

  	
  
 
  	
  

  	
  
 
  	
  

  	
  
 
  	
  

  
	
  
Bristol West   Associates, LLC
  	
  
 
  	
  
Cash
  	
  
 
  	
  
$
  	85,000,000
	
  
 
  	
  
170,000
  
	
  
Jeanne   Rosner
  	
  
 
  	
  
Stock
  	
  
 
  	
  
$
  	250,000
	
  
 
  	
  
400
  
	
  Jeffrey   Rosner
  	
  
 
  	
  
Stock
  	
  
 
  	
  
$
  	960,000
	
  
 
  	
  
1,920
  
	
  
Sylvia   Rosner
  	
  
 
  	
  
Stock
  	
  
 
  	
  
$
  	200,000
	
  
 
  	
  
500
  
	
  
Wendy   Schlesinger
  	
  
 
  	
  
Stock
  	
  
 
  	
  
$
  	960,000
	
  
 
  	
  
1,920
  
	
  
Donald Simon
  	
  
 
  	
  
Stock
  	
  
 
  	
  
$
  	4,500,000
	
  
 
  	
  
9,000
  
	
  Fisher   Capital Corporation, LLC
  	
   
  	
  Cash
  	
   
  	
  $
  	250,000
	
   
  	
  500Exhibit 10.3

AMENDATORY AGREEMENT

          This Amendatory Agreement (the “Agreement”) is entered into as of January 1, 2004, between Bristol West Holdings, Inc., a Delaware Corporation (formerly BRW Acquisition, Inc.) (the “Company”) and Fisher Capital Corp., LLC (“Fisher Capital”).

          WHEREAS the Company and Fisher Capital entered into a letter agreement dated as of July 9, 1998 (the “Letter Agreement”), whereunder Fisher Capital agreed to provide management, consulting and financial services to the Company and the Company agreed to retain Fisher Capital to provide such services pursuant to the terms contained therein (including the payment by the Company to Fisher Capital of a fee (the “Fee”) equal to $250,000 per calendar year to Fisher Capital in consideration of its provision of such services); 

          WHEREAS, effective September 1, 2000, Jim Fisher, Managing Member of Fisher Capital, commenced performing services for the Company in the capacity of Acting Chief Executive Officer thereof, and in consideration thereof, the Company agreed to increase the fee to $600,000 per calendar year, retroactive to January 1, 2000.

          WHEREAS, effective January 1, 2002, in consideration of Jim Fisher, Managing Member of Fisher Capital, performing services for the Company in the capacity of Acting Chief Executive Officer thereof, the Company agreed to increase the fee to $700,000 per calendar year, effective from January 1, 2002.

          WHEREAS, giving effect to James R. Fisher in his capacity as Chief Executive Officer being compensated directly by the Company as an employee of the Company effective as of January 1, 2004, and in consideration of the remaining members of Fisher Capital continuing to provide management, consulting and financial services to the Company, the Company and Fisher Capital agree to reduce the fee to $95,000 per calendar year, effective January 1, 2004.

          NOW THEREFORE, to implement the foregoing and for good and valuable consideration, the parties to this Agreement agree as follows:

	
  
 
  	
  
1.
  	
  
Paragraph 1   of the Letter Agreement is amended by replacing the phrase “seven hundred   thousand dollars ($700,000)” with the phrase “ninety-five thousand dollars   ($95,000)”, commencing as of January 1, 2004.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
2.
  	
  
As amended   by this Agreement, the Letter Agreement shall continue in full force and   effect in accordance with the terms thereof.
  

	
  FISHER   CAPITAL CORP., LLC
  	
  
 
  	
  
BRISTOL WEST   HOLDINGS, INC.
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
By:
  	
  
/s/ James R.   Fisher
  	
  
 
  	
  
By:
  	
  
/s/ Jeffrey   J. Dailey
  
	
  
 
  	
  

  	
  
 
  	
  
 
  	
  

  
	
  Name:
  	
  
James R.   Fisher
  	
  
 
  	
  
Name: 
  	
  
Jeffrey J.   Dailey
  
	
  
Title:
  	
  
Managing   Member
  	
  
 
  	
  
Title: 
  	
  
President   & Chief Operating Officer
  

TERMINATION AGREEMENT

This Termination Agreement (the “Termination Agreement”) is entered into by and between Bristol West Holdings, Inc., a Delaware corporation formerly known as BRW Acquisition, Inc. (“Bristol West”), and Fisher Capital Corp., LLC (which we refer to as “Fisher Capital”).

WHEREAS, Bristol West and Fisher Capital entered into a contract in the form of a letter agreement dated July 9, 1998 (the “Letter Agreement”);

WHEREAS, Bristol West and Fisher Capital entered into an Amendatory Agreement dated as of December 18, 2000 (the “First Amendment”);

WHEREAS, Bristol West and Fisher Capital entered into an Amendatory Agreement dated as of January 1, 2002 (the “Second Amendment”);

WHEREAS, Bristol West and Fisher Capital entered into an Amendatory Agreement dated as of January 1, 2004 (the “Third Amendment” and collectively with the Letter Agreement, the First Amendment and the Second Amendment, the “Fisher Capital Contract”); and

WHEREAS, Bristol West and Fisher Capital have agreed to terminate the Fisher Capital Contract.

NOW THEREFORE, in consideration of the foregoing and the mutual agreements set forth below, the sufficiency and mutuality of which the parties hereby acknowledge, Bristol West and Fisher Capital do hereby agree as follows:

The Fisher Capital Contract is hereby terminated by mutual agreement effective as of December 31, 2006, in accordance with Section 8 of the Letter Agreement.

IN WITNESS WHEREOF, Bristol West and Fisher Capital have executed and delivered this Termination Agreement effective on the latest date written below.

	
  
BRISTOL WEST HOLDINGS, INC.,
(f/k/a BRW Acquisition, Inc.)
  	
  
 
  	
  
FISHER CAPITAL CORP. LLC
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  By:
  	
  
/s/ Jeffrey   J. Dailey
  	
  
 
  	
  
By:
  	
  
/s/  James R. Fisher
  
	
  
 
  	
  

  	
  
 
  	
  
 
  	
  

  
	
  
Name:
  	
  
Jeffrey J.   Dailey
  	
  
 
  	
  
Name: 
  	
  
James R.   Fisher
  
	
  
Title:
  	
  
President   and Chief Executive Officer
  	
  
 
  	
  
Title: 
  	
  
Managing   Member
  
	
  
Date:
  	
  
November 7,   2006
  	
  
 
  	
  
Date:
  	
  
November 7,   2006

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