SECOND AMENDMENT TO PREFERRED SHARE SUBSCRIPTION AGREEMENTPreferred Share Subscription Agreement • May 26th, 2022 • New York
Contract Type FiledMay 26th, 2022 JurisdictionAGREEMENT, dated as of August 25, 2021 (this “Amendment”), is entered into by and among Apex Structured Holdings Ltd., an exempted company limited by shares incorporated under the laws of Bermuda (the “Issuer”), Apex Group Ltd, an exempted company limited by shares incorporated under the laws of Bermuda that is the direct parent of the Issuer (the “Guarantor”), those persons set forth under the heading “Incremental Investor” in Schedule 1 of this Amendment (the “Incremental Investors”), those persons set forth under the heading “Investor” in Schedule 1 of the Preferred Share Subscription Agreement (as defined below) (after giving effect to any permitted transfer of the Cumulative Preferred Shares prior to the date hereof, the “Existing Investors”), GLAS Trust Corporation Limited, as collateral agent (the “Collateral Agent”) and Global Loan Agency Services Limited, as calculation agent (the “Calculation Agent”).