Date: February 18, 2003 To: Max Re Ltd. From: Canadian Imperial Bank of Commerce Attention: Keith S. Hynes Contact: Tyler Ratcliffe Phone Number: (441) 296-8800 Phone Number: 212-885-4413 Facsimile Number: (441) 296-8811 Facsimile Number: 212-885-4378...Total Return Swap Confirmation • March 20th, 2003 • Max Re Capital LTD • Fire, marine & casualty insurance
The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and conditions of the Transaction entered into between Canadian Imperial Bank of Commerce (“CIBC”) and Max Re Ltd., (“Counterparty”) on the Trade Date specified below (the “Transaction”). This Confirmation constitutes a “Confirmation” as referred to in the Master Agreement
