Common Contracts
2 similar Stay Bonus Agreement contracts by ALTERRA CAPITAL HOLDINGS LTD
ContractStay Bonus Agreement • May 5th, 2020 • New York
EX-10.11 5 exhibit1011formofstaybonus.htm EXHIBIT Exhibit 10.11 STAY BONUS AGREEMENT This STAY BONUS AGREEMENT, dated as of January 16, 2013 (this “Agreement”), between Alterra Capital Holdings Limited and its subsidiaries, (collectively, the “Employer”), and [INSERT NAME] (the “Employee”) sets forth the terms of a bonus (the “Stay Bonus”) to be paid to the Employee by the Employer subject to the terms and conditions set forth herein. WHEREAS, the Employer desires to incentivize the Employee to continue employment with the Employer following the consummation of its acquisition by Markel Corporation (the “Closing”); and WHEREAS, in consideration of services to be performed by the Employee, the Employer desires to award the Employee a Stay Bonus pursuant to the terms and subject to the conditions set forth herein. NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the parties hereto, intending to be legally bound,
STAY BONUS AGREEMENTStay Bonus Agreement • February 28th, 2013 • ALTERRA CAPITAL HOLDINGS LTD • Fire, marine & casualty insurance • New York
This STAY BONUS AGREEMENT, dated as of January 16, 2013 (this “Agreement”), between Alterra Capital Holdings Limited and its subsidiaries, (collectively, the “Employer”), and [INSERT NAME] (the “Employee”) sets forth the terms of a bonus (the “Stay Bonus”) to be paid to the Employee by the Employer subject to the terms and conditions set forth herein.
