0001171500-08-000017 Sample Contracts

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RenaissanceRe Holdings, Ltd. Renaissance Other Investments Holdings II Ltd. Renaissance House
Assumption Agreement • October 30th, 2008 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance

Reference is made to the Transfer Restrictions, Registration Rights and Standstill Agreement dated November 1, 2002 as amended by Amendment No. 1 dated December 5, 2005 (as so amended, the “Agreement”) between Platinum Underwriters Holdings, Ltd., a Bermuda company (the “Company”), and RenaissanceRe Holdings, Ltd., a Bermuda company (“Purchaser”). All capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Agreement.

AMENDED AND RESTATED OPTION AGREEMENT
Option Agreement • October 30th, 2008 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance • New York

This AMENDED AND RESTATED OPTION AGREEMENT (this “Agreement”), dated as of October 23, 2008, among PLATINUM UNDERWRITERS HOLDINGS, LTD., a company organized under the laws of the Islands of Bermuda (the “Company”), RENAISSANCERE HOLDINGS LTD., a company organized under the laws of the Islands of Bermuda (“RenRe”), and RENAISSANCE OTHER INVESTMENTS HOLDINGS II LTD., a company organized under the laws of the Islands of Bermuda and a wholly owned subsidiary of RenRe (“Holdings”), amends and restates the AMENDED AND RESTATED OPTION AGREEMENT, dated November 18, 2004, between the Company and RenRe (the “2004 Agreement”).

TERMINATION ADDENDUM EXCESS OF LOSS RETROCESSION AGREEMENT BY AND BETWEEN PLATINUM UNDERWRITERS BERMUDA, LTD. (RETROCEDANT) and PLATINUM UNDERWRITERS REINSURANCE, INC. (RETROCESSIONAIRE)
Excess of Loss Retrocession Agreement • October 30th, 2008 • Platinum Underwriters Holdings LTD • Fire, marine & casualty insurance

IT IS HEREBY MUTUALLY AGREED that effective August 5, 2008, the Excess of Loss Retrocession Agreement dated as of January 1, 2008 (the “Agreement”), by and between Platinum Underwriters Bermuda, Ltd., a Bermuda insurance company (the “Retrocedant”), and Platinum Underwriters Reinsurance, Inc., a Maryland domiciled insurance company (the “Retrocessionaire”), is terminated pursuant to this Termination Addendum ( the “Addendum”).

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