0001104659-09-041363 Sample Contracts

SETTLEMENT AGREEMENT AND PLAN
Settlement Agreement • July 1st, 2009 • Assured Guaranty LTD • Surety insurance • New York

THIS AGREEMENT entered into as of July 1, 2009, by and among Sean W. McCarthy (the “Executive”), Financial Security Assurance Holdings, Ltd., a New York corporation (the “Company”), Assured Guaranty Ltd., a Bermuda corporation (“AGL”), Dexia Holdings, Inc. (DHI”) and Dexia Crédit Local, S.A. (“DCL” and, together with DHI, “Dexia”).; and;

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AMENDMENT TO THE FINANCIAL SECURITY ASSURANCE HOLDINGS LTD. 1989 SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (AS AMENDED AND RESTATED EFFECTIVE DECEMBER 17, 2004)
Supplemental Employee Retirement Plan • July 1st, 2009 • Assured Guaranty LTD • Surety insurance

WHEREAS, Financial Security Assurance Holdings Ltd. (the “Company”) maintains the Financial Security Assurance Holdings Ltd. 1989 Supplemental Employee Retirement Plan, as amended and restated effective December 17, 2004 (the “Plan”);

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