January [ ], 2010 Dear Neill:Employment Agreement • April 29th, 2010 • Renaissancere Holdings LTD • Fire, marine & casualty insurance
Reference is made to your employment agreement with RenaissanceRe Holdings, Ltd. (the “Company”), dated February 19, 2009 (your “Employment Agreement”). As you are aware, your Employment Agreement provides for a special equity award of performance-vested restricted shares to be made on or about February 22, 2010. By executing this letter agreement, you agree to defer the date of grant of your special equity award until immediately after the Company’s 2010 Annual General Meeting of shareholders (the “AGM”). The Company plans to submit for shareholder approval at the AGM a new stock incentive plan, and if such plan is adopted, your special equity award will be granted thereunder. Otherwise, the award will be granted under the Company’s 2001 Stock Incentive Plan (the “Plan”). Except as specifically set forth herein, all terms and provisions of your Employment Agreement and the special equity award shall continue in full force and effect, including without limitation as to vesting conditio
January [ ], 2010 Dear [ ]:Long-Term Equity Incentive Agreement • April 29th, 2010 • Renaissancere Holdings LTD • Fire, marine & casualty insurance
You are receiving this letter agreement in reference to the long-term equity incentive awards that you are eligible to receive from time to time in the discretion of the Compensation and Corporate Governance Committee (the “Committee”) of the Board of Directors of RenaissanceRe Holdings Ltd. (the “Company”). By signing below, you acknowledge and agree that, with respect to any long-term equity incentive awards that may be granted to you in connection with the Company’s regular 2010 long-term incentive grant cycle, the grant date of any portion of such award that consists of performance-vested restricted stock may be deferred at the option of the Company until after the Company’s 2010 Annual General Meeting of shareholders, at which time the Company plans to submit for shareholder approval a new performance-based equity incentive plan (the “Proposed Plan”). If the Proposed Plan is adopted by the shareholders, such deferred portion of your 2010 long-term equity incentive award will be gr
