0000950152-07-004088 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 9th, 2007 • Nymagic Inc • Surety insurance • New York

AGREEMENT, is made effective January 1, 2007 (the “Effective Date’) and entered into as of the 9th day of January, 2007 by and between NYMAGIC, INC., a New York corporation (together with its successors and assigns, the “Company”), and George R. Trumbull, III (the “Executive”).

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NYMAGIC, INC. 2004 AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN AWARD AGREEMENT
Long-Term Incentive Plan Award Agreement • May 9th, 2007 • Nymagic Inc • Surety insurance • New York

THIS AGREEMENT, made as of this 9th day of January, 2007 by and between NYMAGIC, INC. (the “Company”), having its principal place of business in 919 Third Avenue, 10th Floor, New York, NY 10022

CONSULTING AGREEMENT
Consulting Agreement • May 9th, 2007 • Nymagic Inc • Surety insurance • New York

This Consulting Agreement (this “Agreement’’) is made as of March 22, 2007 by and between William D. Shaw, Jr., whose address is 340 Old Church Road, Greenwich, CT 06830 (the “Consultant”) and NYMAGIC, INC., a New York corporation, with its principal office located at 919 Third Avenue, 10th Floor, New York NY 10022 (the “Company”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 9th, 2007 • Nymagic Inc • Surety insurance

This Amendment to Employment Agreement, entered into as of this 9th day of January, 2007, is made effective January 1, 2007 and amends that certain Employment Agreement by and between NYMAGIC, INC., a New York corporation (together with its successors and assigns, the “Company”) and A. George Kallop (the “Executive”), entered into as of the 17th day of April 2006, and made effective October 1, 2005.

INVESTMENT MANAGEMENT AGREEMENT between MARINER INVESTMENT GROUP, INC. and SOUTHWEST MARINE AND GENERAL INSURANCE COMPANY March 1, 2007
Investment Management Agreement • May 9th, 2007 • Nymagic Inc • Surety insurance • New York

This INVESTMENT MANAGEMENT AGREEMENT, dated as of the 1st day of March, 2007, is between Mariner Investment Group, Inc., a corporation organized under the laws of the State of New York (the “Adviser”), on the one hand, and Southwest Marine and General Insurance Company, an Arizona stock insurance company (“Southwest Marine”), on the other hand. Southwest Marine is referred to herein as the “Client.”

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