ADDENDUM NO. 1 to the EXCESS OF LOSS RETROCESSION AGREEMENT BY AND BETWEEN PLATINUM UNDERWRITERS BERMUDA, LTD. (RETROCEDANT) and PLATINUM UNDERWRITERS REINSURANCE, INC. (RETROCESSIONAIRE) DATED AS OF April 1, 2006Excess of Loss Retrocession Agreement • April 27th, 2007 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance • New York
IT IS HEREBY MUTUALLY AGREED that effective February 15, 2007, this Excess of Loss Retrocession Agreement (“Agreement”), made by and between Platinum Underwriters Bermuda, Ltd., a Bermuda-domiciled insurance company (the “Retrocedant”), and Platinum Underwriters Reinsurance, Inc. a Maryland-domiciled insurance company (the “Retrocessionaire”), is amended as follows:
FIRST AMENDMENT AND WAIVER TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • April 27th, 2007 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance • New York
THIS FIRST AMENDMENT AND WAIVER TO AMENDED AND RESTATED CREDIT AGREEMENT, dated as of the 24th day of April, 2007 (this “First Amendment”), is entered into among Platinum Underwriters Holdings, Ltd., an exempted company incorporated in Bermuda (the “Borrower”), various Subsidiary Credit Parties (as defined in the hereinafter defined Credit Agreement) party hereto, the Lenders (as defined in the hereinafter defined Credit Agreement) party hereto, and Wachovia Bank, National Association, as Administrative Agent (the “Administrative Agent”).
