0000950136-06-006237 Sample Contracts

REINSURANCE AGREEMENT
Reinsurance Agreement • August 2nd, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance

REINSURANCE AGREEMENT (the ‘‘Reinsurance Agreement’’), dated as of August 1, 2006, made by and between Endurance Specialty Insurance Ltd., a Class 4 insurance company organized under the laws of Bermuda (the ‘‘Ceding Insurer’’) and Shackleton Re Limited, a Cayman Islands exempted company licensed as a Class B insurer (the ‘‘Reinsurer’’) (each a ‘‘Party’’ and collectively, the ‘‘Parties’’).

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REINSURANCE AGREEMENT
Reinsurance Agreement • August 2nd, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance

REINSURANCE AGREEMENT (the ‘‘Reinsurance Agreement’’), dated as of August 1, 2006, made by and between Endurance Specialty Insurance Ltd., a Class 4 insurance company organized under the laws of Bermuda (the ‘‘Ceding Insurer’’) and Shackleton Re Limited, a Cayman Islands exempted company licensed as a Class B insurer (the ‘‘Reinsurer’’) (each a ‘‘Party’’ and collectively, the ‘‘Parties’’).

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