Common use of Director Clause in Contracts

Director. The term “Director” means a member of the Board of Directors of Assured Guaranty Ltd., who may or may not be an employee of the Company or a Subsidiary.

Director. The term “Director” means a member of the Board of Directors of Assured Guaranty Guaranty, Ltd., who may or may not be an employee of the Company or a Subsidiary.

Director. The term “"Director” " means a member of the Board of Directors of Assured Guaranty Guaranty, Ltd., who may or may not be an employee of the Company or a Subsidiary.

Director. The term “"Director” " means a member of the Board of Directors of Assured Guaranty Ltd., who may or may not be an employee of the Company or a Subsidiary.

Director. The term “"Director” " means a member of the Board of Directors of Assured Guaranty Guaranty, Ltd., who may or may not be an employee of the Company or a Subsidiary.. 6 AMECURRENT 715404543.3 16-Apr-15 11:57 Exhibit 10.3

Director. The term “Director” means a member of the Board of Directors of Assured Guaranty Ltd.Ltd. Board, who may or may not be an employee of the Company or a Subsidiary.

Director. The term “"Director” " means a member of the Board of Directors of Assured Guaranty Guaranty, Ltd., who may or may not be an employee of the Company or a Subsidiary.. AMECURRENT 708661693.5 20-May-14 16:52