May 16, 2012 Mr. Joseph C. Henry c/o AXIS Capital Holdings Limited Pembroke HM08, Bermuda Dear Joseph:Axis Capital Holdings LTD • May 18th, 2012 • Fire, marine & casualty insurance • New York
We are delighted that you have decided to join AXIS Specialty U.S. Services, Inc., a Delaware corporation (the “Company”) and wholly owned, indirect subsidiary of AXIS Capital Holdings Limited, a Bermuda company (the “Parent”). We thought it would be useful to lay out the terms and conditions of our agreement in this letter agreement (this “Agreement”).
