0001193125-08-105679 Sample Contracts

MAX CAPITAL GROUP LTD. RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • May 7th, 2008 • Max Capital Group Ltd. • Fire, marine & casualty insurance • New York

This Restricted Stock Unit Agreement (the “Agreement”) is effective as of the 19th day of February, 2008 (the “Grant Date”) by and between Max Capital Group Ltd. (the “Company”), and (the “Grantee”).

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AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CUSTOMER AGREEMENT AND TRADING AUTHORIZATION
Agreement and Trading Authorization • May 7th, 2008 • Max Capital Group Ltd. • Fire, marine & casualty insurance • New York

This Amendment No. 1 to the Second Amended and Restated Customer Agreement and Trading Authorization dated as of May , 2008 (this “Amendment”), is entered into by and between Max Diversified Strategies Ltd. (f/k/a Max Re Diversified Strategies Ltd.), a Bermuda company (the “Customer”) and Alstra Capital Management, LLC (“Alstra”).

MAX CAPITAL GROUP LTD. RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • May 7th, 2008 • Max Capital Group Ltd. • Fire, marine & casualty insurance • New York

This Restricted Stock Award Agreement (the “Agreement”) is effective as of the 19th day of February, 2008 (the “Grant Date”) by and between Max Capital Group Ltd. (the “Company”), and (the “Grantee”).

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