0001193125-12-323418 Sample Contracts

Tower Group, Inc. New York, New York 10271
Master Transaction Agreement • July 31st, 2012 • Tower Group, Inc. • Fire, marine & casualty insurance • New York

Reference is made to the Master Transaction Agreement (the “MTA”) dated as of April 25, 2012, among Canopius Group Limited (“Parent”), Canopius Holdings Bermuda Limited (“Bermuda Holdco”), Canopius Mergerco, Inc. (“Delaware Holdco”) and Tower Group, Inc. (“Tower”). Capitalized terms used but not defined in this letter agreement have the meanings ascribed to such terms in the MTA. The parties hereto hereby agree as set forth below.

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