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Third Amended and Restated Underwriting and Continuing Indemnity Agreemen

Insurance Underwriting Agreement

Third Amended and Restated Underwriting and Continuing Indemnity Agreemen | Document Parties: Great Lakes Dredge & Dock Corporation You are currently viewing:
This Insurance Underwriting Agreement involves

Great Lakes Dredge & Dock Corporation

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Title: Third Amended and Restated Underwriting and Continuing Indemnity Agreemen
Date: 6/14/2005

Third Amended and Restated Underwriting and Continuing Indemnity Agreemen, Parties: great lakes dredge & dock corporation
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Exhibit 10.2

 

June 13, 2005

 

Great Lakes Dredge & Dock Company

Attn: Ms. Deb Wensel

2122 York Road

Oak Brook IL 60523

 

Dear Deb:

 

It is our understanding that the Net Worth of Great Lakes Dredge & Dock Corporation and its subsidiaries (GLDD) will remain below $82.5 million, the minimum Net Worth that GLDD is required to maintain under Section 6.19 of the Third Amended and Restated Underwriting and Continuing Indemnity Agreement.

 

Travelers Casualty and Surety Company and Travelers Casualty and Surety Company of America (collectively, “Travelers”) hereby agre


 
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