0001047469-06-012978 Sample Contracts

ONEBEACON INSURANCE GROUP, LTD. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance

AGREEMENT made as of this ___th day of _____ 2006, by and between OneBeacon Insurance Group, Ltd. (“the Company”), a Bermuda company limited by shares (“the Company”), and ___________ (“the Optionee”).

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TRUST AGREEMENT Dated as of November , 2006 between FUND AMERICAN COMPANIES, INC. and WHITE MOUNTAINS CAPITAL, INC., as Trustee
Trust Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance • Delaware
GUARANTY SERVICES AGREEMENT
Guaranty Services Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance • New York

This Guaranty Services Agreement (hereinafter referred to as the “Agreement”, is made between ONEBEACON INSURANCE COMPANY (hereinafter “OneBeacon”), a Pennsylvania corporation with its principal place of business located at OneBeacon Street, Boston, MA 02108, and GALILEO WEATHER RISK MANAGEMENT LTD (hereinafter “Galileo”), a Bermuda corporation with its principal place of business at 120 West 45th Street, 19th Floor, New York, New York 10036.

CONSTRUCTION LOAN AGREEMENT between ONEBEACON INSURANCE COMPANY and CITIZENS BANK OF MASSACHUSETTS December 16, 2005
Construction Loan Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance
SEPARATION AGREEMENT
Separation Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance • New York

This Separation Agreement (“Agreement”) is made and entered into as of November , 2006, by and among White Mountains Insurance Group, Ltd., a Bermuda company (“White Mountains”), and OneBeacon Insurance Group, Ltd., a Bermuda company (“OneBeacon”).

TRUST AGREEMENT Dated as of November , 2006 between FUND AMERICAN ENTERPRISES HOLDINGS, INC. and WHITE MOUNTAINS CAPITAL, INC., as Trustee
Trust Agreement • October 20th, 2006 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance • Delaware

TRUST AGREEMENT dated as of November [•], 2006, between FUND AMERICAN ENTERPRISES HOLDINGS, INC., a Delaware corporation (the “Company”) and WHITE MOUNTAINS CAPITAL, INC., a Delaware corporation (the “Trustee”).

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