Common use of Share Ownership Guidelines Clause in Contracts

Share Ownership Guidelines. Prior to the date hereof, you had achieved your required share ownership level of 50,000 common shares, par value $0.01 per share, of Holdings (the “Common Shares”) under the Guidelines. You shall be required to maintain such level during the Term, subject to certain exceptions as set forth in the Guidelines.

Appears in 2 contracts

Samples: Employment Agreement (Platinum Underwriters Holdings LTD), Employment Agreement (Platinum Underwriters Holdings LTD)

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Share Ownership Guidelines. Prior to the date hereof, you had achieved your required share ownership level of 50,000 100,000 common shares, par value $US$0.01 per share, of Holdings the Company (the “Common Shares”) under the Guidelines. You shall be required to maintain such level during the Term, subject to certain exceptions as set forth in the Guidelines.

Appears in 1 contract

Samples: Letter Agreement (Platinum Underwriters Holdings LTD)

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Share Ownership Guidelines. Prior to the date hereof, you had achieved your required share ownership level of 50,000 common shares, par value $0.01 per share, of Holdings (the “100,000 Common Shares”) Shares under the Guidelines. You shall be required to maintain such level during the Term, subject to certain exceptions as set forth in the Guidelines.

Appears in 1 contract

Samples: Employment Agreement (Platinum Underwriters Holdings LTD)

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