0000950123-03-011826 Sample Contracts

EXHIBIT 10.6
Employment Agreement • October 28th, 2003 • United National Group LTD • Fire, marine & casualty insurance • Pennsylvania
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FOX PAINE & COMPANY, LLC 950 Tower Lane Suite 1150 Foster City, California 94404
United National Group LTD • October 28th, 2003 • Fire, marine & casualty insurance • New York

We refer to the Amended and Restated Investment Agreement, dated as of September 5, 2003 (the "Investment Agreement"), by and among U.N. Holdings (Cayman), Ltd., an exempted company formed with limited liability under the laws of the Cayman Islands, Vigilant International, Ltd., an exempted company formed with limited liability under the laws of the Cayman Islands (the "Company"), U.N. Holdings II, Inc., a Delaware corporation, U.N. Holdings LLC, a Delaware limited liability company, U.N. Holdings Inc., a Delaware corporation, Wind River Investment Corporation, a Delaware corporation ("Wind River"), and those Trusts listed on Schedule A thereto. As a result of transactions contemplated by the Investment Agreement, Fox Paine Capital Fund II International, L.P., a Cayman Islands exempted limited partnership (collectively with its affiliates, the "Funds"), will acquire indirect beneficial ownership of a majority of Common Shares (as defined in the Investment Agreement) and Preferred Share

EXHIBIT 2.1 AMENDED AND RESTATED INVESTMENT AGREEMENT
Investment Agreement • October 28th, 2003 • United National Group LTD • Fire, marine & casualty insurance • New York
EXHIBIT 10.9
Employment Agreement • October 28th, 2003 • United National Group LTD • Fire, marine & casualty insurance • Pennsylvania
DATED AS OF
Management Shareholders' Agreement • October 28th, 2003 • United National Group LTD • Fire, marine & casualty insurance • Delaware
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