6th March, 2006 Mr. David Brown, Director Flagstone Reinsurance Holdings Limited
Exhibit 10.22
6th March, 2006
Mr. Xxxxx Xxxxx, Director
Flagstone Reinsurance Holdings Limited
00 Xxxxxx Xxxxxx, 3rd Floor
Xxxxxxxx XX 11, Bermuda
Dear Xxxxx
Re: Mont Fort Re Ltd.
This letter will confirm our agreement to the transfer of our share holdings in Mont Fort Re Ltd. on the terms set out below.
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370,000 Common Shares of par value US$1 each. |
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Consideration: |
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U$50,000 |
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Governing Law: |
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This letter agreement shall be governed and construed in accordance with the laws of Bermuda. |
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Representations & Warranties |
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We hereby represent and warrant that we are transferring the referred to above free and clear of any liens or encumbrances. |
Please confirm your acceptance of the foregoing by returning a signed copy of this letter to us at the address below.
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Haverford (Bermuda) Ltd. |
Flagstone Reinsurance Holdings Limited |
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Signed: |
/s/ Xxxx Xxxxx |
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Signed: |
/s/ Xxxxx Xxxxx |
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Xxxx Xxxxx |
Xxxxx Xxxxx |
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Director |
Director |
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Haverford (Bermuda) Ltd.
Xxxxxxxx House, 00 Xxxxxx Xxxxxx, Xxxxxxxx XX 00, Bermuda Mailing
Address:
Suite 000, 00 Xxxxxx Xxxxxx Xxxxxxxx XX 00, Xxxxxxx
Tel: x0 000-000-0000 Fax: x0 000-000-0000 E-Mail: xxxx@xxxxxxxxx.xx
