TERMINATION AGREEMENTTermination Agreement • March 3rd, 2009 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • New York
This letter agreement (the “Termination Agreement”) relates to the Transactions (the “Transactions”) entered into between Credit Suisse International (“CS”) and Montpelier Re Holdings Ltd. (“Counterparty”), pursuant to (i) a letter agreement dated May 31, 2006, as amended on December 6, 2007, between CS and Counterparty (the “Confirmation”), relating to an aggregate Number of Shares equal to 7,920,000 and (ii) a Share Issuance Agreement dated May 31, 2006 among CS, Counterparty and Credit Suisse Securities (USA) LLC, as collateral agent (the “SIA”). Capitalized terms used herein without definition shall have the meanings assigned to them in the Confirmation or the SIA, as applicable.
