Common Contracts

2 similar Nonqualified Share Option Agreement contracts by Platinum Underwriters Holdings LTD

NONQUALIFIED SHARE OPTION AGREEMENT
Nonqualified Share Option Agreement • February 23rd, 2005 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance • New York

Option Agreement (the “Agreement”), between Platinum Underwriters Holdings, Ltd., a Bermuda company (the “Company”), and (the “Optionee”), a member of the Board of Directors of the Company (the “Board”), made pursuant to the terms of Platinum Underwriters Holdings, Ltd. 2002 Share Incentive Plan (the “Plan”). The Option is not intended to qualify as an “incentive stock option” under the Internal Revenue Code.

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NONQUALIFIED SHARE OPTION AGREEMENT
Nonqualified Share Option Agreement • February 23rd, 2005 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance • New York

Option Agreement (the “Agreement”), between Platinum Underwriters Holdings, Ltd., a Bermuda company (the “Company”), and (the “Optionee”), a member of the Board of Directors of the Company (the “Board”), made pursuant to the terms of Platinum Underwriters Holdings, Ltd. 2002 Share Incentive Plan (the “Plan”). The Option is not intended to qualify as an “incentive stock option” under the Internal Revenue Code.

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