AMENDMENTShare Forward Transaction • January 3rd, 2007 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • New York
This letter agreement (the “Amendment”) amends the terms and conditions of the Transaction (the “Transaction”) entered into between Credit Suisse International (“Credit Suisse”) and Montpelier Re Holdings Ltd. (“Counterparty”), pursuant to a letter agreement dated May 31, 2006 (the “Confirmation”), External ID: 50192944 — Risk ID: 40080237, pursuant to which Credit Suisse and Counterparty entered into a Share Forward Transaction relating to an aggregate of 7,774,800 Shares. Upon the execution and delivery of this Amendment by the parties hereto, all references in the Confirmation to the “Transaction” shall be deemed to be to the Transaction as amended hereby. Capitalized terms used herein without definition shall have the meanings assigned to them in the Confirmation.
