0001385613-15-000089 Sample Contracts

Greenlight Reinsurance, Ltd Grand Cayman KY1-1205 Cayman Islands May 21, 2015 Attention: Mr. Tim Courtis Dear Sir, Re: Amendment Letter
Greenlight Capital Re, Ltd. • August 3rd, 2015 • Fire, marine & casualty insurance

Further to the Amended and Restated Letter of Credit Agreement dated the 17th day of June, 2010, Butterfield Bank (Cayman) Limited (the “Bank”) hereby confirm to Greenlight Reinsurance, Ltd (the “Borrower”) the following amendments to the terms and conditions contained therein:

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DME ADVISORS, LLC DME ADVISORS, LP NEW YORK, NEW YORK 10017
Jv Agreement • August 3rd, 2015 • Greenlight Capital Re, Ltd. • Fire, marine & casualty insurance • New York

Reference is hereby made to that certain Amended and Restated Agreement dated August 31, 2010 (as amended from time to time, the “JV Agreement”) by and among Greenlight Capital Re, Ltd. (“GLRE”), Greenlight Reinsurance, Ltd. (“Reinsurance”), Greenlight Reinsurance Ireland, Ltd. (“GRIL”, and collectively with GLRE and Reinsurance, the “GLRE Entities”) and DME Advisors, LLC (“DMELLC”). Capitalized terms used but not otherwise defined herein have the meanings given to them in the JV Agreement.

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