0001385613-09-000009 Sample Contracts

Contract
Agreement • February 23rd, 2009 • Greenlight Capital Re, Ltd. • Fire, marine & casualty insurance • New York
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AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 23rd, 2009 • Greenlight Capital Re, Ltd. • Fire, marine & casualty insurance

This Amendment (this “Amendment”) to the Amended and Restated Employment Agreement dated December 30, 2008 between Greenlight Reinsurance, Ltd. (the “Company”) and Barton Hedges (the “Executive”) (the “Employment Agreement”) is entered into this 18th day of February 2009. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Employment Agreement.

AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 23rd, 2009 • Greenlight Capital Re, Ltd. • Fire, marine & casualty insurance

This Amendment (this “Amendment”) to the Amended and Restated Employment Agreement dated December 30, 2008 between Greenlight Capital Re, Ltd. (the “Company”), Greenlight Reinsurance, Ltd. (together with the Company, the “Employer”), and Tim Courtis (the “Executive”) (the “Employment Agreement”) is entered into this 18th day of February 2009. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Employment Agreement.

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