0001125282-04-003770 Sample Contracts

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ACCOUNT CONTROL AGREEMENT
Account Control Agreement • August 11th, 2004 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance • New York

AGREEMENT (as amended, modified, restated and/or supplemented from time to time, this “Agreement”), dated as of August 6, 2004, among each undersigned grantor (each, a “Grantor” and, together with any other entity that becomes a Grantor hereunder pursuant to Section 17 hereof, the “Grantors”), The Bank of New York, as Collateral Agent (the “Collateral Agent”), and The Bank of New York, as Custodian (the “Custodian”), (i) with which one or more deposit accounts (as defined in Section 9-102 of the UCC) as identified on Annex A attached hereto are maintained by each Grantor (with all such deposit accounts now or at any time in the future maintained by the Grantors with the Custodian as “Collateral Accounts” (as defined in the Security Agreement (as defined below)) being herein called the “Deposit Accounts” and each, a “Deposit Account”) and (ii) with which one or more securities accounts (as defined in Section 8-501 of the UCC) as identified on Annex A attached hereto are maintained by ea

EMPLOYMENT AGREEMENT
Employment Agreement • August 11th, 2004 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance

This Employment Agreement (this “Agreement”) is entered into as of April 30, 2004 (the “Effective Date”) between Endurance Specialty Insurance Ltd., a Bermuda company (the “Company”), and James R. Kroner (the “Executive”).

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