ADDENDUM NO. 2Employment Agreement • September 10th, 2009 • Universal Insurance Holdings, Inc. • Fire, marine & casualty insurance
This Addendum No. 2, effective upon ratification by the Board of Directors, by and between Universal Insurance Holdings, Incorporated (hereinafter the “Company”), and James M. Lynch (“Executive”), modifies and amends the existing employment agreement between the Company and the Executive, dated as of October 11, 2006 (“Agreement”), and amends provisions of the Agreement only in respect of the matters set forth herein, and otherwise the Agreement remains in full force and effect as if this Addendum No. 2 had not been executed:
