Document:

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                                                                    Exhibit 10.7

                            PROASSURANCE CORPORATION

                            INDEMNIFICATION AGREEMENT

         THIS Agreement is made effective as of the ____ day of _____________,
200_, by and between ProAssurance Corporation, a Delaware corporation (the
"Company"), and _____________ ("Indemnitee").

                                    Recitals

         WHEREAS, the Company has adopted Bylaws (the "Bylaws") which provide
for the indemnification of the directors, officers, agents, and employees of the
Company in accordance with Section 145 of the General Corporation Laws of
Delaware (the "State Statute");

         WHEREAS, the State Statute provides that it is not exclusive, and thus
contemplates that contracts may be entered into between the Company and the
members of its Board of Directors and Officers and employees of the Company with
respect to the indemnification of such individuals;

         WHEREAS, developments with respect to the terms, cost and availability
of directors' and officers' liability insurance ("Liability Insurance") have
raised questions regarding the adequacy and reliability of the protection
afforded to directors and officers thereby; and

         WHEREAS, in order to resolve such questions and thereby induce the
Indemnitee to continue to perform services on behalf of the Company, the Company
has determined and agreed to enter into this contract with the Indemnitee.

                                    Agreement

         NOW, THEREFORE, in consideration of and for the Indemnitee's agreement
to serve as a director, associate committee member, officer, employee or agent
of the Company, and to render service on behalf of the Company, the parties
agree as follows:

         1.       Liability Insurance. The Company, as of the date of this
Agreement, has acquired a Liability Insurance policy. The Company shall use
reasonable efforts to maintain Liability Insurance during the term of this
Agreement, but shall not be required to continue to maintain Liability Insurance
if in the sole business judgment of the directors then in office, (i) the
premium cost for such insurance is excessive, (ii) the premium cost for such
insurance is not reasonably related to the amount of coverage provided, of (iii)
the coverage provided by such insurance is so limited by its terms and
exclusions or otherwise that sufficient benefit is not derived therefrom.

         2.       Indemnity. The Company agrees to indemnify and reimburse
Indemnitee to the full extent authorized and permitted by the provisions of the
Bylaws of the Company and the laws of the State of Delaware, and by any
amendment thereof, authorizing or permitting such indemnification which is
adopted after the date hereof.

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         3.       Additional Indemnity.

                  (a)      Subject only to the exclusions set forth in Section 4
hereof, the Company shall indemnify and reimburse Indemnitee under any
circumstances where Indemnitee was or is a party or is threatened to be made a
party to a threatened, pending, or completed action, suit, or proceeding,
whether civil, criminal, administrative, or investigative and whether formal or
informal, including an action by or in the right of the corporation, by reason
of the fact that he or she is or was a director, associate committee member,
officer, employee, or agent of the Company, or is or was serving at the request
of the Company as a director, associate committee member, officer, partner,
trustee, employee, or agent of another foreign or domestic corporation,
partnership, joint venture, trust, or other enterprise, whether for profit or
not, against reasonable expenses, including attorneys' fees, judgments,
penalties, fines, and amounts paid in settlement actually and reasonably
incurred by him or her in connection with the action, suit, or proceeding, if
Indemnitee acted in good faith and in a manner he or she reasonably believed to
be in or not opposed to the best interests of the Company or its shareholders or
policyholders, and with respect to a criminal action or proceeding, if
Indemnitee had no reasonable cause to believe his or her conduct was unlawful.
The termination of an action, suit, or proceeding by judgment, order,
settlement, conviction, or upon a plea of nolo contendere or its equivalent,
does not, of itself, create a presumption that Indemnitee did not act in good
faith and in a manner which he or she reasonably believed to be in or not
opposed to the best interests of the Company or its shareholders or
policyholders, and, with respect to a criminal action or proceeding, had
reasonable cause to believe that his or her conduct was unlawful.

                  (b)      The indemnification provided shall extend to all
expenses and circumstances for which indemnification is permitted under
paragraph 3(a) above, that arise:

                           (i)      During the term of this Agreement based upon
                                    the activities of Indemnitee prior to or
                                    during the term of this Agreement; and,

                           (ii)     Subsequent to the term of this Agreement
                                    based upon the activities of Indemnitee
                                    prior to or during the term of this
                                    Agreement.

                  (c)      The term "Company" shall for purposes of this
Agreement include ProAssurance Corporation and its direct and indirect
majority-owned subsidiaries.

         4.       Limitations on Indemnity. No indemnity pursuant to Section 3
hereof shall be paid by the Company:

                  (a)      except to the extent the aggregate of losses to be
indemnified hereunder exceed the amount of such losses for which Indemnitee is
indemnified either: pursuant to Section 2 hereof; pursuant to an Indemnification
Agreement with any parent, subsidiary or affiliate of the Company; or, pursuant
to any Liability Insurance purchased and maintained by the Company pursuant to
Section 1 hereof;

                  (b)      in respect to remuneration paid to Indemnitee if it
shall be determined by a final judgment or other final adjudication that such
remuneration was in violation of law;

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                  (c)      on account of any suit in which judgment is rendered
against Indemnitee for an accounting of profits made from the purchase or sale
by Indemnitee of securities of the Company pursuant to the provisions of Section
16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar
provisions of any federal, state, or local statutory law;

                  (d)      on account of Indemnitee conduct which is finally
adjudged to have been knowingly fraudulent, deliberately dishonest or willful
misconduct;

                  (e)      if indemnification is prohibited by applicable law of
the State of Delaware;

                  (f)      for a claim, issue, or matter in which Indemnitee has
been found liable to the Company unless and only to the extent that the Court of
Chancery in Delaware or the court in which the action or suit was brought has
determined upon application that, despite the adjudication of liability but in
view of all circumstances of the case, Indemnitee is fairly and reasonably
entitled to indemnification for the expenses which the court considers proper;
or

                  (g)      if a final decision by a court having jurisdiction in
the matter shall determine that such indemnification is not lawful.

         5.       Term of Agreement. The original term of this Agreement shall
be the twelve month period between December 1, 2002, and November 30, 2003. This
Agreement shall renew for successive one year terms unless sooner terminated
upon termination of Indemnitee's position as an officer, director or employee of
the Company or upon delivery of written notice of termination by the Company to
the Indemnitee not less than 60 days prior to the date of termination stated in
the notice. Notwithstanding anything in this Agreement to the contrary, the
indemnification provided pursuant to this Agreement shall survive the
termination of this Agreement with respect to all actions or inactions occurring
or alleged to have occurred prior to or during the term of this Agreement, and
this Agreement shall remain binding upon the Company with respect to the covered
activities of Indemnitee occurring or alleged to have occurred prior to or
during the term of this Agreement.

         6.       Notification and Defense of Claim. Promptly after receipt by
Indemnitee of notice of the commencement or threatened commencement of any
action, suit or proceeding, Indemnitee will, if a claim in respect thereof is to
be made against the Company under this Agreement, notify the Company of the
commencement thereof; but the omission so to notify the Company will not relieve
it from any liability which it may have to Indemnitee otherwise than under this
Agreement. With respect to any such action, suit or proceeding as to which
Indemnitee notifies the Company of the commencement thereof:

                  (a)      The Company will be entitled to participate therein
at its own expense; and

                  (b)      Except as otherwise provided below, to the extent
that it may wish, the Company jointly with any other indemnifying party
similarly notified will be entitled to assume the defense thereof, with counsel
selected by the Company and consented to by Indemnitee, which consent shall not
be unreasonably withheld. After notice from the Company to Indemnitee of its
election so to assume the defense thereof, the Company will not be liable to

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Indemnitee under this Agreement for any legal or other expenses subsequently
incurred by Indemnitee in connection with the defense thereof other than
reasonable costs of investigation or as otherwise provided below. Indemnitee
shall have the right to employ his own counsel in such action, suit or
proceeding but the fees and expenses of such counsel incurred after the notice
from the Company of its assumption of the defense thereof shall be at the
expense of Indemnitee unless (i) the employment of counsel by Indemnitee has
been authorized by the Company, (ii) a conflict of interest between the Company
and Indemnitee exists in the conduct of the defense of such action; or (iii) the
Company shall not in fact have employed counsel to assume the defense of such
action, in each of which cases the reasonable fees and expenses of counsel shall
be at the expense of the Company. The Company shall not be entitled to assume
the defense of any action, suit or proceeding brought by or on behalf of the
Company or as to which a conflict of interest exists between the Company and
Indemnitee.

The Company shall not be liable to indemnify Indemnitee under this Agreement for
any  amounts  paid in  settlement  of any action or claim  effected  without its
written consent.  The Company shall not settle any action or claim in any manner
that would impose any penalty or limitation on Indemnitee  without  Indemnitee's
written consent.  Neither the Company nor Indemnitee will unreasonably  withhold
its consent to any proposed settlement.

         7.       Payment of Indemnity. Any indemnification or advance shall be
made promptly and in any event within forty-five (45) days, upon the written
request of the director, officer, employee or agent of the Company, unless a
determination is reasonably and promptly made that such director, officer,
employee or agent failed to meet the applicable standard of conduct set forth in
Section 1 hereof or that such director, officer or employee is not entitled to
indemnity under Section 3 hereof. Such determination shall be made (l) by the
Board of Directors by a majority vote of a quorum consisting of disinterested
directors, or (2) by a committee of such directors designated by majority vote
of such directors, even though less than a quorum, or (3) if such a quorum is
not obtainable, or, even if obtainable a quorum of disinterested directors so
directs, by independent legal counsel in a written opinion, or (4) by the
stockholders. If the request for indemnification involves an action, suit or
proceeding that arises from the merger, consolidation, reorganization,
liquidation, sale of all or substantially all of the assets, or other
extraordinary transaction of the Company, the inquiry and resolution thereof
required by this Section 7, at the option of the person seeking indemnification,
shall be made by a neutral person mutually acceptable to the Company and the
person seeking indemnification. If no disposition of such claim for
indemnification is made within forty-five (45) days, a favorable determination
of entitlement to indemnification shall be deemed to have been made. The
expenses (including attorney's fees) incurred by the person seeking
indemnification in connection with successfully establishing such person's right
to indemnification, in whole or in part, shall also be indemnified by the
Company.

         8.       Repayment of Expenses. Indemnitee agrees that he or she will
reimburse the Company for all reasonable expenses paid by the Company in
defending any civil or criminal action, suit or proceeding against Indemnitee in
the event and only to the extent that it shall be ultimately determined that
Indemnitee is not entitled to be indemnified by the Company hereunder. The
undertaking to reimburse the Company for expenses is made pursuant to the
requirements of the State Statute. It is understood and agreed that no advances
or payments

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made to the Indemnitee hereunder shall be accounted for or treated as a loan
from the Company to the Indemnitee.

         9.       Enforcement.

                  (a)      The Company expressly confirms and agrees that it has
entered into this Agreement and assumed the obligations imposed on the Company
hereby in order to induce Indemnitee to serve and/or continue to serve the
Company, and acknowledges that Indemnitee is relying upon this Agreement in
continuing to serve in such capacity.

                  (b)      In the event Indemnitee is required to bring any
action to enforce rights and/or to collect moneys due under this Agreement and
is successful in such action, Company shall reimburse Indemnitee for all of
Indemnitee's reasonable fees and expenses in bringing and pursuing such action.

         10.      Separability. Each of the provisions of this Agreement is a
separate and distinct agreement and independent of the others, so that if any
provision hereof shall be held to be invalid or unenforceable under applicable
federal or state law or for any other reason, such invalidity or
unenforceability shall not affect the validity or enforceability of the other
provisions hereof.

         11.      Governing Law; Binding Effect; Amendment; Notice.

                  (a)      This Agreement shall be interpreted and enforced in
accordance with the laws of the State of Delaware without effect to its conflict
of law provisions, except to the extent that the provisions of the
Sarbanes-Oxley Act of 2002 and other federal laws preempt the applicable state
law to the enforceability or interpretation of this Agreement.

                  (b)      This Agreement shall be binding upon Indemnitee and
upon the Company, its successors and assigns, and shall inure to the benefit of
the Indemnitee, his heirs, personal representatives and assigns and to the
benefit of the Company, its successors and assigns.

                  (c)      No amendment, modification, termination or
cancellation of this Agreement shall be effective unless in writing signed by
both parties hereto.

                  (d)      Any notice required to be given hereunder shall be
deemed given when deposited with the United States Postal Service, postage
prepaid, addressed to the person to receive notice at its address below, or such
other address as may have theretofore been specified by such person in a notice
pursuant hereto, or delivered in person to that person (or an executive officer
thereof in the case of the Company).

         12.      Arbitration. Any controversy or claim arising out of or
relating to this Agreement, or the breach thereof, shall be settled by
arbitration, in Birmingham, Alabama, in accordance with the Commercial
Arbitration rules of the American Arbitration Association, except that the
arbitrator(s) shall be required to be familiar with the laws of the State of
Delaware as they relate to this Agreement. Judgment upon the award rendered by
the Arbitrator(s) may be entered in any court having jurisdiction thereof.

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         IN WITNESS WHEREOF, the parties hereto have executed this Agreement
effective as of the day and year first above written.

                                       PROASSURANCE CORPORATION
                                       (the "Company")
                                       100 Brookwood Place
                                       Birmingham, Alabama 35209

                                       By:
                                          --------------------------------------
                                                ------------------
                                                Its
                                                   ---------------

                                       ("Indemnitee")

                                       -----------------------------------------
                                       Signature

                                       -----------------------------------------
                                       Address

                                       -----------------------------------------

                                       6<PAGE>
                                                                  EXHIBIT 10.20

                        2002 CHANGE IN CONTROL, SEVERANCE
                          AND NON-COMPETITION AGREEMENT

         AGREEMENT, dated as of July 12, 2002 and effective as of July 12, 2002
by and between Wolverine Tube, Inc., a Delaware corporation ("Wolverine" or
"Company"), and Massoud Neshan, an individual residing at Huntsville, Alabama
(the "Executive").

                              W I T N E S S E T H:

         WHEREAS, Wolverine recognizes the Executive's expertise in connection
with his employment by Wolverine or its subsidiaries or affiliates
(collectively, the "Company"); and

         WHEREAS, the Company desires to provide the Executive with severance
benefits or the opportunity for continued employment in a different position if
the Executive's employment in his current position is terminated for the reasons
set forth herein and the Executive refrains from engaging in certain activities
in the event his employment is terminated, upon the terms and conditions
hereinafter set forth; and

         WHEREAS, the Company and the Executive have heretofore in 1999 entered
into a Change in Control, Severance and Non-Competition Agreement (the "Prior
Agreement"); and

         WHEREAS, the Company believes that the Prior Agreement should be
amended and restated in its entirety in order to address the competitiveness of
the current benefits provided under the Prior Agreement and to resolve certain
ambiguities contained therein; and

         WHEREAS, the Company and the Executive have therefore agreed to enter
into this Agreement, which shall replace and supersede the Prior Agreement;

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, the parties hereto hereby agree as follows:

1.       Termination of Employment.

         (a)      Termination for Cause; Resignation without Good Reason.

                  (i)      If the Executive's employment is terminated by the
Company for Cause, as defined in Section 1(a)(ii) hereof, or if the Executive
resigns from his employment hereunder, other than for Good Reason, as defined in
Section 1(a)(iii) hereof, unless said resignation comes within two (2) years of
a Change in Control, as discussed in Section 1(b)(i) below, the Executive shall
be entitled to only (A) severance benefits as provided by the Company's general
procedures and practices, if any, (B) payment of the pro rata portion of the
Executive's salary through and

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including the date of termination or resignation, and (C) such employee benefits
as may be due to Executive pursuant to the provisions of the benefit plans which
govern such issues.

                  (ii)     For purposes of this Agreement, termination for
"Cause" shall mean termination of the Executive's employment by the Company
because of (A) the Executive's conviction for, or guilty plea to, a felony or a
crime involving moral turpitude, (B) the Executive's commission of an act of
personal dishonesty in connection with his employment by the Company, (C) a
breach of fiduciary duty in connection with his employment with the Company
which shall include, but not be limited to, (1) investment in any person or
organization with the knowledge that such person or organization has or purposes
to have dealings with the Company, such person or organization competes with the
Company, or the Company is considering an investment in such person or
organization (the reference to "organization" excludes federal credit unions,
publicly owned insurance companies and corporations the stock of which is listed
on a national securities exchange or quoted on NASDAQ if the direct and
beneficial stock ownership of the Executive, including members of his immediate
family, is not more than one percent (1%) of the total outstanding stock of such
corporation); (2) a loan (including a guaranty of a loan) from or to any person
or organization having or proposing any dealings with the Company or in
competition with the Company; (3) participation directly or indirectly in any
transaction involving the Company other than as a director or as an officer or
employee of the Company; (4) acceptance from any person or organization having
or proposing any dealings with the Company or in competition with the Company of
any gratuity, gift, entertainment or favor which exceeds either nominal value or
common courtesies which are generally accepted business practice; or (5) service
as an officer, director, partner or employee of, or consultant to, any person or
organization having or proposing dealings with the Company or in competition
with the Company; (D) the Executive's failure to execute or follow the written
policies of the Company, including, but not limited to, the Company's policy
against discrimination or harassment, or (E) the Executive's refusal to perform
the essential functions of the job, following written notice thereof.
Termination of the Executive's employment as a result of his death or disability
(if such Executive is eligible for benefits under the Company's long-term
disability plan or would be eligible for such benefits were the Executive a
participant in said plan) shall constitute a termination by the Company with
Cause for purposes of this Agreement.

                  (iii)    For purposes of this Agreement, resignation for "Good
Reason" shall mean the resignation of the Executive within a period of six (6)
months after (A) a reduction in the Executive's benefits or pay in an amount in
the aggregate in excess of five percent (5%) thereof, unless all individuals at
the same managerial level as the Executive experience a similar reduction in
benefits or pay or (B) a substantial adverse alteration occurs in the nature or
status of the Executive's responsibilities from those in effect on the date
hereof, disregarding change in title only.

                  (iv)     The date of termination for Cause shall be the date
of receipt by the Executive of written notice of such termination, or such later
date as may be contained in said

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notice. The date of resignation without Good Reason shall be the date of receipt
by the Company of a written notice of such resignation.

         (b)      Termination without Cause; Resignation for Good Reason or
after a Change in Control.

                  (i)      If the Executive's employment is terminated by the
Company without Cause, or if the Executive resigns from his employment for any
reason within two (2) years following a Change in Control, the Executive shall
be entitled to receive the benefits described in subparagraphs (A), (B), (C) and
(D) below. If the Executive resigns for Good Reason (unless said resignation is
within two (2) years following a Change in Control, in which event his benefits
are described in the preceding sentence), he shall be entitled to those benefits
described in (A) and (B) below only. In either case, said benefits will only be
paid if the Executive executes an Agreement and General Release, which shall be
drafted by the Company, and if the Executive complies with Section 2 of this
Agreement.

                           (A)      The Company shall pay to the Executive
either (x) during the two years immediately following a change in Control, in
the event of (i) termination by the Company without Cause, or (ii) resignation
by the Executive for any reason, an amount equal to two (2) years' salary; or
(y) at any other time, in the event of (i) termination by the Company without
Cause or (ii) resignation by the Executive for Good Reason, an amount equal to
two (2) year's salary; in either case to be paid at the rate in effect
immediately prior to the Severance Date (as defined in Section 1 (b)(iv)) plus
pay at the same rate for all vacation time accrued during the calendar year in
which the Severance Date occurs, with such payment to be made at the Executive's
option either:

                                    (X)      as a lump sum within 30 days after
the Severance Date, or

                                    (Y)      as a series of payments in
accordance with the Company's normal payroll procedures following the Severance
Date;

                           (B)      An election as to the form of payment under
this paragraph (b)(i)(A) shall be made at a time and in a manner prescribed by
the Company. An election of either form of payment may be revoked or modified,
in accordance with the rules prescribed by the Company, at any time that is at
least twelve (12) months before the Executive's Severance Date. A change in the
payment form that occurs within twelve (12) months of the Executive's Severance
Date shall be null and void. If the Executive does not elect a form of payment,
the amount due to the Executive under this paragraph (b)(i)(A) shall be paid as
a lump sum within thirty (30) days of the Severance Date.

         The amount payable to the Executive by the Company under this paragraph
(b)(i)(A) shall be offset by the non-compete and non-solicitation fee as defined
in Section 2(d)(i) of this Agreement.

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                           (B)(I) For a period of twenty-four (24) months,
following the Executive's Severance Date (the "Continuation Period"), the
Company will arrange to provide the Executive with medical and disability
benefits (the "Employee Benefits") substantially similar to those that the
Executive was receiving or entitled to receive immediately prior to the
Severance Date at no cost to the Executive. Without otherwise limiting the
purposes or effect of Section 1(b), Employee Benefits otherwise receivable by
the Executive pursuant to this Section 1(b)(i)(B)(I) will be reduced or
eliminated to the extent comparable Employee Benefits at substantially similar
cost are actually received by the Executive from another employer during the
Continuation Period following the Executive's Termination Date, and any such
benefits actually received by the Executive shall be reported by the Executive
to the Company. If and to the extent that any benefit described in this Section
1(b)(i)(B)(I) is not or cannot be paid or provided under any policy, plan,
program or arrangement of the Company or any Subsidiary, as the case may be,
then the Company will reimburse the Executive for the costs incurred in
obtaining comparable Employee Benefits coverage.

                           (B)(II) Following the Continuation Period, the
Company will provide the Executive access to Employee Benefits coverage on a
group basis equal to that generally available to the majority of the Company's
employees or retirees, as the case may be, who receive said benefits, at the
Executive's own expense based upon the amount charged active employees for such
coverage until the Executive attains the age of sixty-five (65). Without
otherwise limiting the purposes of effect of Section 1(b), Employee Benefits to
which access is otherwise provided to the Executive pursuant to this Section
1(b)(i)(B)(II) will not be required to be made available to the extent
comparable Employee Benefits at substantially similar cost are actually received
by the Executive from another employer during the period following the
Continuation Period until attainment of age sixty-five (65). If and to the
extent that any benefit described in this Section 1(b)(i)(B)(II) is not or
cannot be provided under any policy, plan, program or arrangement of the Company
or any Subsidiary, as the case may be, then the Company will reimburse the
Executive for the difference in costs incurred in obtaining comparable Employee
Benefits coverage on an individual basis and the cost for group coverage.

                           (B)(III) The Company shall reimburse the Executive
for any costs incurred by the Executive in maintaining life insurance coverage
comparable to that maintained for him by the Company under its group life
insurance program for the period from the Severance Date until the earlier to
occur of:

                                    (X)      the date which follows the
Severance Date by twenty-four (24) months, or

                                    (Y)      the date on which the Executive is
covered under any other equivalent group life insurance plan;

                           (C)      in lieu of any benefit otherwise due to him
under the Company's annual bonus plan, the Company shall pay the Executive, an
amount equal to (i) the maximum

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percentage of annual base salary then payable to the Executive under the
Company's bonus plan but in no event less than forty-five percent (45%) of his
annual base salary multiplied by (ii) the number of years for which the
Executive is entitled to pay under paragraph (b)(i)(A) above; provided, however,
that in the event that the Severance Date occurs after the first six (6) full
months of the Company's then current fiscal year, the Company shall pay the
Executive an additional amount equal to the actual bonus which would have been
paid to the Executive for said year had he remained employed throughout said
year less the amount of the above-described lump sum paid to him pursuant to
this subparagraph (C) for the first of the years for which he is entitled to be
paid under paragraph (b)(i)(/A). The amount payable to the Executive under this
paragraph (b)(i)(C) shall be offset by the non-compete and non-solicitation fee
as defined in Section 2(d)(i) of this Agreement.

                           (D)      the Company shall reimburse the Executive
for any reasonable costs actually incurred by the Executive for outplacement
services provided by an outplacement consultant mutually agreeable to the
Executive and the Company for a period not to exceed six (6) months.

                  (ii)     In the event the Executive refuses to execute or
breaches the Agreement and General Release tendered to the Executive on or about
the Severance Date, or in the event the Executive breaches any of the covenants
contained in Section 2, the Executive acknowledges and agrees that the Company
will cease any payments remaining under Section 2(b)(i) of this Agreement and
that the Executive shall be entitled to no further payments or benefits under
this Agreement.

                  (iii)    The Executive shall have no further right under this
Agreement or otherwise to receive any bonus or other compensation with respect
to the year in which the Severance Date occurs and later years.

                  (iv)     The date of termination of employment without Cause
shall be the date specified in a written notice of termination to the Executive
and the date of resignation for Good Reason shall be the date of receipt by the
Company of written notice of resignation (both such dates hereinafter referred
to as the "Severance Date").

                  (v)      For purposes of this Agreement, "Change in Control"
shall mean:

                           (A)      The Company is merged, consolidated or
reorganized into or with another corporation or other legal person, and as a
result of such merger, consolidation or reorganization less than a majority of
the combined voting power of the then-outstanding securities of such corporation
or person immediately after such transaction are held in the aggregate by the
holders of Voting Stock (as that term is hereafter defined) of the Company
immediately prior to such transaction;

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                           (B)      The Company sells or otherwise transfers all
or substantially all of its assets to another corporation or other legal person,
and as a result of such sale or transfer less than a majority of the combined
voting power of the then-outstanding securities of such corporation or person
immediately after such sale or transfer is held in the aggregate by the holders
of Voting Stock of the Company immediately prior to such sale or transfer;

                           (C)      There is a report filed on Schedule 13D or
Schedule 14D-1 (or any successor schedule, form or report), each as promulgated
pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), disclosing that (x) any person (as the term "person" is used in Section
13(d)(3) or Section 14(d)(2) of the Exchange Act has become the beneficial owner
(as the term "beneficial owner" is defined under Rule 13d-3 or any successor
rule or regulation promulgated under the Exchange Act) of securities
representing 15% or more of the combined voting power of the then-outstanding
securities entitled to vote generally in the election of directors of the
Company ("Voting Stock"), or (y) any person has, during any period, increased
the number of shares of Voting Stock beneficially owned by such person by an
amount equal to or greater than 15% of the outstanding shares of Voting Stock;
provided, however, that transfers of shares of Voting Stock between a person and
the affiliates or associates (as such terms are defined under Rule 12b-2 or any
successor rule or regulation promulgated under the Exchange Act) of such person
shall not be considered in determining any increase in the number of shares of
Voting Stock beneficially owned by such person;

                           (D)      Company files a report or proxy statement
with the Securities and Exchange Commission pursuant to the Exchange Act
disclosing in response to Form 8-K or Schedule 14A (or any successor schedule,
form or report or item therein) that a change in control of the Company has
occurred or will occur in the future pursuant to any then-existing contract or
transaction; or

                           (E)      If, during any period of two consecutive
years, individuals who at the beginning of any such period constitute the
Directors of the Company cease for any reason to constitute at least a majority
thereof; provided, however, that for purposes of this clause (v) each Director
who is first elected, or first nominated for election by the Company's
stockholders, by a vote of at least two-thirds of the Directors of the Company
(or a committee thereof) then still in office who were Directors of the Company
at the beginning of any such period will be deemed to have been a Director of
the Company at the beginning of such period.

         Notwithstanding the foregoing provisions of Sections (C) or (D) unless
otherwise determined in a specific case by majority vote of the Board, a "Change
in Control" shall not be deemed to have occurred for purposes of Sections (C) or
(D) solely because (1) the Company, (2) an entity in which the Company directly
or indirectly beneficially owns 50% or more of the voting securities (a
"Subsidiary"), or (3) any employee stock ownership plan or any other employee
benefit plan of the Company or any Subsidiary either files or becomes obligated
to file a report or a proxy statement under or in response to Schedule 13D,
Schedule 14D1, Form 8-K

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or Schedule 14A (or any successor schedule, form or report or item therein)
under the Exchange Act disclosing beneficial ownership by it of shares of Voting
Stock, whether in excess of 15% or otherwise, or because the Company reports
that a change in control of the Company has occurred or will occur in the future
by reason of such beneficial ownership.

2.       Secrecy, Non-Solicitation and Non-Competition.

         (a)      Secrecy. During the Executive's employment with the Company
and for a period of three (3) years after his termination from the Company for
any reason, the Executive Covenants and agrees that he will not, except in
performance of the Executive's obligations to the Company, or with the prior
written consent of the Company pursuant to the authority granted by a resolution
of the Board, directly or indirectly, disclose any secret or confidential
information that he may learn or has learned by reason of his association with
the Company or use any such information. The term "secret or confidential
information" includes without limitation, information not previously disclosed
to the public or to the trade by the Company's management with respect to the
Company's products, facilities and methods, trade secrets and other intellectual
property, systems, procedures, manuals, confidential reports, products price
lists, customer lists, financial information (including the revenues, costs or
profits associated with any of the Company's products), business plans,
prospects, employee or employees, compensation, or opportunities but shall
exclude any information already in the public domain which has been disclosed to
the public during the normal course of the Company's business.

         (b)      Customer Protection. During the Executive's employment with
the Company and for a period of two (2) years following the termination of the
Executive's employment for any reason, the Executive covenants and agrees that
he will not solicit or attempt to solicit any business from the Company's
customers, including actively sought prospective customers, with whom the
Executive had Material Contact during his employment, for the purpose of
providing products or services competitive with those provided by the Company.
Material Contacts exist between the Executive and each customer or prospective
customers with whom the Executive has dealt within the twelve months prior to
the last day worked, whose dealings with the Company were coordinated or
supervised by the Executive, or about whom the Executive obtained trade secrets
or confidential information as a result of the Executive's association with the
Company.

         (c)      Non-solicitation of Employees. During the Executive's
employment and for a period of one (1) year following the termination of the
Executive's employment for any reason, the Executive, covenants and agrees that
he shall not directly or indirectly, on his behalf or on behalf of any person or
other entity, solicit or induce, or attempt to solicit or induce, any person
who, on the date hereof or at anytime during the term of this Agreement, is an
employee of the Company, to terminate his or her employment with the Company,
whether expressed in a written or oral agreement or understanding or is
otherwise an "at-will" employee.

                                    7 of 11
<PAGE>

         (d)      Noncompetition. During the Executive's employment and for a
period of two (2) years following the termination of the Executive's employment
for any reason, the Executive covenants and agrees that he will not, directly or
indirectly, compete against the Company within the United States in the
managerial or executive capacity for another company or entity that designs,
produces, sells, or distributes copper tubing, including, but not limited to
those companies listed on Attachment A.

         In consideration of the promises of Executive contained in this
Agreement, including without limitation in this Paragraph 2(d), the Company
shall pay to the Executive a non-compete and non-solicitation fee equal to one
(1) year's salary and bonus as determined in accordance with Section 1(b)(i)(C),
payable in the manner determined by the Company under Sections 1 (b)(i)(A) and
1(b)(i)(C) of the Agreement. The amount otherwise payable to the Executive under
Sections 1 (b)(i)(A) and 1 (b)(i)(C) of this Agreement shall be offset by this
non-compete and non-solicitation fee.

         (e)      Equitable Relief. The Executive acknowledges and agrees that
the services performed by him are special, unique and extraordinary in that, by
reason of the Executive's employment, the Executive may acquire confidential
information and trade secrets concerning the operation of the Company, or that
the Executive may have contact with or obtain knowledge of the Company's
customers or prospects, the use or disclosure of which could cause the Company
substantial loss and damages, which could not be readily calculated and for
which no remedy at law would be adequate. Accordingly, the Executive
acknowledges and agrees that the Company shall be entitled to obtain a temporary
restraining order and/or a preliminary or permanent injunction restraining the
Executive from engaging in activities prohibited by this Section 2 or such order
relief as may be required to specifically enforce any of the covenants in this
Section 2. The Executive acknowledges and agrees that the Company shall be
entitled to its attorneys' fees and court costs should the Company pursue legal
action to enforce its rights under this section.

3.       Amendment; Waiver. This Agreement may not be modified, amended or
waived in any manner except by an instrument in writing signed by both parties
hereto; provided, however, that any such modification, amendment or waiver on
the part of the Company shall have been previously approved by the Board. The
waiver by either party of compliance with any provision of this Agreement by the
other party shall not operate or be construed as a waiver of any other provision
of this Agreement, or of any subsequent breach by such party of a provision of
this Agreement.

4.       Withholding. Payments to the Executive of all compensation contemplated
under this Agreement shall be subject to all applicable legal requirements with
respect to the withholding of taxes and similar deductions.

5.       Governing Law. All matters affecting this Agreement, including the
validity thereof, are to be governed by, and interpreted and construed in
accordance with, the laws of the State of Alabama applicable to contracts
executed in and to be performed in that State. Nothing in this

                                    8 of 11
<PAGE>
agreement shall affect the rights of either party under state or federal laws
affecting employment.

6.       Notices. Any notice hereunder by either party to the other shall be
given in writing by personal delivery or certified mail, return receipt
requested. If addressed to the Executive, the notice shall be delivered or
mailed to the Executive at the address first set forth below, or if addressed to
the Company, the notice shall be delivered or mailed to 200 Clinton Ave., Suite
1000, Huntsville, Alabama 35801, or such address as the Company or the Executive
may designate by written notice at any time or from time to time to the other
party. A notice shall be deemed given, if by personal delivery, on the date of
such delivery or, if by certified mail, on the date shown on the applicable
return receipt.

7.       Supersedes Previous Agreements. This Agreement supersedes all prior or
contemporaneous negotiations, commitments, agreements and writings with respect
to the subject matter hereof, all such other negotiations, commitments,
agreements and writings will have no further force or effect, and the parties to
any such other negotiation, commitment, agreement or writing will have no
further rights or obligations thereunder.

8.       Severability. The parties agree that if any part of this Agreement is
found to be illegal or unenforceable, including, but not limited to, the
geographic, temporal, or activity restrictions contained Section 2, the court
should delete or modify the illegal or unenforceable provision(s) hereby leaving
the remaining or modified provision(s) fully enforceable.

9.       Counterparts. This Agreement may be executed by either of the parties
hereto in counterparts, each of which shall be deemed to be an original, but all
such counterparts shall together constitute one and the same instrument.

10.      Headings. The headings of sections herein are included solely for
convenience of reference and shall not control the meaning or interpretation of
any of the provisions of this Agreement.

                                    9 of 11
<PAGE>

                  IN WITNESS WHEREOF, the Company has caused the Agreement to be
signed by its officer pursuant to the authority of its Board, and the Executive
has executed this Agreement, as of the day and year first written above.

                                            WOLVERINE TUBE, INC.

                                            By:
                                               --------------------------------
                                            Name:   Dennis Horowitz
                                            Title:  Chairman, President & CEO

                                            EXECUTIVE

                                            -----------------------------
                                            Name:  Massoud Neshan
                                            Executive's Address:

                                                1700 Rockridge Circle
                                                Huntsville, AL 35802

                                    10 of 11
<PAGE>

                                  APPENDIX "B"

1.       Cerro Copper Products Company, Inc.
2.       Outokumpu American Brass Company
3.       Industrias Nacobre S.A. de C.V.
4.       Olin Corporation
5.       Mueller Industries, Inc.
6.       Kobe Copper Products, Inc.
7.       National Copper
8.       Wieland
9.       Hitachi, Ltd.
10.      Trefimetaux
11.      Reading Tube Corporation
12.      Amcast
13.      NIBCO
14.      High Performance Tube
15.      Commercial Metals Company

Reference to the above companies shall incorporate any related companies
thereto, including, but not limited to, all parent companies, subsidiary
companies, majority-owned companies and joint ventures.

                                    11 of 11

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