WHEREAS, on ____________________, ________________________, an insurance company, was presented with a claim arising from: __________________________ under insurance coverage provided to ______________, under its coverage for: ___________________________________ and, WHEREAS, on _________________________, ________________________ paid a claim in an amount of $ ________ ( ____________________ & ___/100 dollars), with a deductible of $_____(__________________ &___/100 dollars), arising from the perils and covered by the policy stated above, NOW, THEREFORE: ______________, his heirs and assigns, herewith assign and convey to ________________________ and any all rights against any entity who may be liable to ______________ for the loss stated above. ______________ 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 ______________. ______________ herewith covenants and agrees to fully assist ________________________ in pursuit of its rights of subrogation herein. ________________________ may at its option pursue the deductible loss of ______________. In the event that ____________________ does so, it shall notify ______________, and, further, _______ ______ agrees that if any recovery is made that it will share in all costs related thereto pro rata. ______________ further agrees not to release or exonerate the adverse party or parties or enter into any compromise with them without the prior approval of ______________________. _________ ______ shall execute any and all instruments reasonably required by ________________________ in connection herewith. Date: _____________________________________ ___________________________________________________