0001095073-05-000026 Sample Contracts

EVEREST RE GROUP, LTD. RESTRICTED STOCK AWARD AGREEMENT
Stock Incentive Plan • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

This Agreement is made as of the Grant Date (as defined in paragraph 1 below), by and between Everest Re Group, Ltd. (the "Corporation") and the Participant.

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AMENDMENT OF EMPLOYMENT AGREEMENT (“Amendment”)
Employment Agreement • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

WHEREAS, Everest Reinsurance Company (the “Company”), Everest Reinsurance Holdings, Inc. (“Holdings”) and Joseph V. Taranto (“Taranto”) were parties to an employment agreement effective as of January 1, 2000, as amended (the “Employment Agreement”); and

Amendment to September 18, 2003 Restricted Stock Award Agreement
September 18, 2003 Restricted Stock Award Agreement • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

The Restricted Stock Award Agreement between Everest Re Group, Ltd. and Joseph V. Taranto dated September 18, 2003 is hereby amended as set forth below:

Amendment to September 26, 2002 Non-Qualified Stock Option Award Agreement
Non-Qualified Stock Option Award Agreement • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

The Non-Qualified Stock Option Award Agreement between Everest Re Group, Ltd. and Joseph V. Taranto dated September 26, 2002 is hereby amended as set forth below:

Amendment to September 21, 2004 Restricted Stock Award Agreement
Restricted Stock Award Agreement • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

The Restricted Stock Award Agreement between Everest Re Group, Ltd. and Joseph V. Taranto dated September 21, 2004 is hereby amended as set forth below:

Amendment to April 20, 2001 Non-Qualified Stock Option Award Agreement
Non-Qualified Stock Option Award Agreement • August 31st, 2005 • Everest Re Group LTD • Fire, marine & casualty insurance

The Non-Qualified Stock Option Award Agreement between Everest Re Group, Ltd. and Joseph V. Taranto dated April 20, 2001 is hereby amended as set forth below:

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