#3600 @001 Enter the name of the insurance company: @002 Enter the name of the insured: @360/@360/@360/@360 Enter nature of peril resulting in claim: Automobile collision Fire Theft KEY IN VALUE @361/@361/@361 Enter the type of coverage claim was paid under: Automobile Collision/Comprehensive Homeowner's KEY IN VALUE !362 Enter the amount of the claim in numerals: !363 Enter the amount of the insured's deductible in numerals: #3601/#3602 The insured's deductible: Will be collected by the insuror Will be retained by the insured #3603 #end control section #3600 /* para. 3600: Insurance Subrogation agreement */ SUBROGATION AGREEMENT WHEREAS, on ____________________, @001, an insurance company, was presented with a claim arising from: @360 under insurance coverage provided to @002, under its coverage for: @361, and, WHEREAS, on _________________________, @001 paid a claim in an amount of $ @362 (!362 dollars), with a deductible of $ @363 (!363 dollars), arising from the perils and covered by the policy stated above, NOW, THEREFORE: @002, his heirs and assigns, herewith assign and convey to @001 and any all rights against any entity who may be liable to @002 for the loss stated above. @002 shall pursue any and all responsible parties at its own expense, and may at its option, bring such action in its own name or that of @002. @002 herewith covenants and agrees to fully assist @001 in pursuit of its rights of subrogation herein. #3601 /* Para. 3601: Deductible */ @001 may at its option pursue the deductible loss of @002. In the event that @001 does so, it shall notify @002, and, further, @002 agrees that if any recovery is made that it will share in all costs related thereto pro rata. #3602 /* Para. 3602: Deductible by insured */ The insured shall retain separately its rights to recover the deductible loss. #3603 /* Para. 3603: Closer */ @002 further agrees not to release or exonerate the adverse party or parties or enter into any compromise with them without the prior approval of @001. @002 shall execute any and all instruments reasonably required by @001 in connection herewith. Date: _____________________________________ ___________________________________________________ @002