0001169232-09-001670 Sample Contracts

WARRANT PURCHASE AGREEMENT
Warrant Purchase Agreement • March 23rd, 2009 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance

THIS WARRANT PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 20, 2009, by and among, Aon Alexander & Alexander U.K. Pension Scheme with an address of c/o Aon Consulting Limited, Carnegie House, 21 Peterborough Road, Harrow, Middlesex HA1 2AJ; Aon Bain Hogg Pension Scheme with an address of c/o Xafinity Consulting, 110 Fenchurch Street, London EC3M 5JT; Aon Minet Pension Scheme with an address of c/o Aon Consulting Limited, Netherton House, 25 Marsh Street, Bristol BS1 4AQ; Aon U.K. Pension Scheme with an address of c/o Aon Consulting Limited, Briarcliff House, Kingsmead, Farnborough GU14 7TE and Jenner Fenton Slade 1980 Scheme with an address of c/o Jardine Lloyd Thompson, 1 Portsoken Street, London E1 8LN, each a pension scheme organized in the United Kingdom (individually, a “Seller” and collectively, the "Sellers") and Endurance Specialty Holdings Ltd., an exempted company organized in Bermuda (the "Company").

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