STOCK PURCHASE AGREEMENT dated as of June 23, 2014 among WESTERN WORLD INSURANCE GROUP, INC., THE SHAREHOLDERS OF WESTERN WORLD INSURANCE GROUP, INC., VALIDUS SPECIALTY, INC., VALIDUS HOLDINGS, LTD. (SOLELY FOR PURPOSES OF ARTICLE I, SECTION 5.08,...Stock Purchase Agreement • June 27th, 2014 • Validus Holdings LTD • Fire, marine & casualty insurance
This STOCK PURCHASE AGREEMENT, dated as of June 23, 2014, is entered into by and among Western World Insurance Group, Inc., a Delaware corporation (the “Company”), the shareholders of the Company set forth on Annex I hereto (each, a “Seller” and collectively, the “Sellers”), Validus Specialty, Inc., a Delaware corporation (the “Acquiror”), Validus Holdings, Ltd., a Bermuda exempted company (“Parent”) (solely with respect to Article I, Section 5.08, Section 6.08, Section 9.03 and Article XI) and Andrew S. Frazier (in his capacity as the Sellers’ Representative (as defined in Section 2.09(a))).
