0001104659-11-043922 Sample Contracts

This DEED is made on the 4th day of August 2011 BETWEEN
Service Agreement • August 5th, 2011 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance
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EMPLOYMENT AGREEMENT
Employment Agreement • August 5th, 2011 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • Connecticut

This EMPLOYMENT AGREEMENT (the “Agreement”) is made as of this 26th day of March, 2010, by and between Timothy Aman (the “Executive”) and Montpelier Technical Resources Ltd. (the “Company”).

MONTPELIER RE HOLDINGS LTD. RESTRICTED SHARE UNIT AWARD AGREEMENT
Restricted Share Unit Award Agreement • August 5th, 2011 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance
SECOND AMENDMENT TO SERVICE AGREEMENT
Service Agreement • August 5th, 2011 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • Connecticut

This Second Amendment, dated August 4, 2011 (the “Amendment”), to the Service Agreement, dated March 11, 2008 as amended on February 27, 2009 (together the “Agreement”), by and between Michael S. Paquette (the “Executive”) and Montpelier Re Holdings Ltd. (the “Company”). Terms not otherwise defined herein shall have the meaning described to them in the Agreement.

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