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| TRH > SEC Filings for TRH > Form 8-K on 2-Jul-2009 | All Recent SEC Filings |
2-Jul-2009
Entry into a Material Definitive Agreement, Financial Statements and E
Transatlantic Holdings, Inc. (the "Company") entered into a investment management agreement, dated as of June 30, 2009 (the "Investment Management Agreement"), with BlackRock Financial Management, Inc. ("BlackRock"), pursuant to which the Company appointed BlackRock as its investment manager for a portion or all of the Company's and certain of its subsidiaries' assets and BlackRock agreed to invest and reinvest those assets in accordance with the terms of the Investment Management Agreement. BlackRock may from time to time provide certain operating, analytical and reporting support for those assets of the Company managed by BlackRock. BlackRock will provide the investment management services subject to the Company's investment objectives and guidelines. BlackRock may resign or be removed as investment manager by the Company upon 30 days' notice in writing or, in the event of a material breach of the Investment Management Agreement by BlackRock, the Company may terminate the Investment Management Agreement upon 5 days' notice in writing. The Company will pay quarterly fees to BlackRock based on the different asset types in the managed account (fixed income account or large cap enhanced equity indexed account). A copy of the Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
(d) Exhibits.
Exhibit
No. Description
10.1 Investment Management Agreement, dated June 30, 2009, by and between
Transatlantic Holdings, Inc. and BlackRock Financial Management, Inc.
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