0001214816-15-000012 Sample Contracts

February 27, 2014 Chris DiSipio [Home Address] Dear Chris:
Employment Agreement • February 23rd, 2015 • Axis Capital Holdings LTD • Fire, marine & casualty insurance • New York

We are delighted that you will continue your service with 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").

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AMENDMENT NO. 2 to CONSULTING AGREEMENT dated May 3, 2012 by and between AXIS Specialty Limited (the “Company”) and Michael A. Butt (the “Consultant”) Dated: December 5, 2014
Consulting Agreement • February 23rd, 2015 • Axis Capital Holdings LTD • Fire, marine & casualty insurance

NOW, THEREFORE, the Agreement is hereby amended, effective as of the date hereof, as set forth below. All capitalized terms not otherwise defined herein shall have the meanings defined in the Agreement.

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