MAX CAPITAL GROUP LTD. RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • November 6th, 2009 • Max Capital Group Ltd. • Fire, marine & casualty insurance • New York
This Restricted Stock Unit Agreement (the “Agreement”), effective as of the day of , 2 (the “Grant Date”) by and between Max Capital Group Ltd. (the “Company”), and (the “Grantee”), evidences the grant by the Company of restricted Common Share units (the “Award”) to the Grantee on such date and the Grantee’s acceptance of the Award in accordance with the provisions of the Company’s 2008 Stock Incentive Plan, as amended, (the “Plan”). The Company and the Grantee agree as follows:
