{"component": "clause", "props": {"groups": [{"samples": [{"hash": "t8ztlqSG2V", "uri": "/contracts/t8ztlqSG2V#bermuda", "label": "Performance Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)", "score": 25.1560573578, "published": true}, {"hash": "aBEmQgunKE5", "uri": "/contracts/aBEmQgunKE5#bermuda", "label": "Performance Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)", "score": 23.6036968231, "published": true}, {"hash": "9d9oruhg17g", "uri": "/contracts/9d9oruhg17g#bermuda", "label": "Time Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)", "score": 23.6036968231, "published": true}], "snippet": "There are no country-specific provisions.", "snippet_links": [{"key": "specific-provisions", "type": "clause", "offset": [21, 40]}], "size": 5, "hash": "f0c159ecf881bf200d90b08cd2210e81", "id": 1}, {"samples": [{"hash": "77DLn8anbUK", "uri": "/contracts/77DLn8anbUK#bermuda", "label": "Merger Agreement (Endurance Specialty Holdings LTD)", "score": 27.7597541809, "published": true}, {"hash": "ibqR8jvSpnT", "uri": "/contracts/ibqR8jvSpnT#bermuda", "label": "Merger Agreement (Endurance Specialty Holdings LTD)", "score": 26.245721817, "published": true}, {"hash": "geDqOzIFJdF", "uri": "/contracts/geDqOzIFJdF#bermuda", "label": "Merger Agreement (Montpelier Re Holdings LTD)", "score": 26.245721817, "published": true}], "snippet": "In relation to the Company and any Subsidiary incorporated in Bermuda, discontinue to a jurisdiction outside of Bermuda;", "snippet_links": [{"key": "relation-to-the-company", "type": "clause", "offset": [3, 26]}], "size": 3, "hash": "40fa64cb2d0593c4ae3a4cbccf90d314", "id": 3}, {"samples": [{"hash": "eD3lNNJDKlH", "uri": "/contracts/eD3lNNJDKlH#bermuda", "label": "Underwriting Agreement (Genworth Financial Inc)", "score": 19.0, "published": true}, {"hash": "9ZklSKFAoWu", "uri": "/contracts/9ZklSKFAoWu#bermuda", "label": "Underwriting Agreement (Genworth Financial Inc)", "score": 19.0, "published": true}, {"hash": "4R5R7hmxzWa", "uri": "/contracts/4R5R7hmxzWa#bermuda", "label": "Underwriting Agreement (Genworth Financial Inc)", "score": 19.0, "published": true}], "snippet": "Approval from the Bermuda Monetary Authority, dated March 3, 2004, for the transfer of all of the issued and outstanding shares of Brookfield from GEFAHI to Genworth. Approval from the Bermuda Monetary Authority, dated March 3, 2004, for the transfer of all of the issued and outstanding shares of Viking from GELCO to Genworth.", "snippet_links": [{"key": "bermuda-monetary-authority", "type": "clause", "offset": [18, 44]}, {"key": "transfer-of", "type": "definition", "offset": [75, 86]}, {"key": "shares-of", "type": "clause", "offset": [121, 130]}], "size": 3, "hash": "19b09a37c9c3527bc83b1aa9bb861777", "id": 2}, {"samples": [{"hash": "gzmjagPJaSy", "uri": "/contracts/gzmjagPJaSy#bermuda", "label": "Performance Based Share Option Award Agreement", "score": 31.3408622742, "published": true}, {"hash": "8E7Gu5ZhLap", "uri": "/contracts/8E7Gu5ZhLap#bermuda", "label": "Time Based Share Option Award Agreement", "score": 31.3408622742, "published": true}], "snippet": "There are no country-specific provisions. BRAZIL Terms and Conditions Compliance with the Law In accepting the grant of the Option, the Optionee acknowledges his or her agreement to comply with applicable Brazilian laws and to pay any and all applicable tax associated with the Option and the sale of the Shares acquired under the Plan. Notifications Exchange Control Information If the Optionee holds assets and rights outside Brazil with an aggregate value exceeding US$100,000, he or she will be required to prepare and submit to the Central Bank of Brazil an annual declaration of such assets and rights, including: (i) bank deposits; (ii) loans; (iii) financing transactions; (iv) leases; (v) direct investments; (vi) portfolio investments, including Shares acquired under the Plan; (vii) financial derivatives investments; and (viii) other investments, including real estate and other assets. Please note that foreign individuals holding Brazilian visas are considered Brazilian residents for purposes of this reporting requirement and must declare at least the assets held abroad that were acquired subsequent to the date of admittance as a resident of Brazil. Individuals holding assets and rights outside Brazil valued at less than US$100,000 are not required to submit a declaration. Please note that the US$100,000 threshold may be changed annually. CANADA Terms and Conditions Manner of Exercise The following provision supplements Section 4.3 of the Agreement: The Optionee is prohibited from paying the Exercise Price or any Tax-Related Items with Shares that have been previously owned by the Optionee or by withholding the Exercise Price or any Tax-Related Items in Shares to be issued at exercise. Commencement of Vesting and Exercisability This provision supplements Section 3.1 of the Time-Based Share Option Agreement and Section 3.2 of the Performance-Based Share Option Agreement: In the event of the Optionee\u2019s Termination of Service (whether or not in breach of contract or local labor laws), the Optionee\u2019s right to receive and vest in the Option under the Plan, if any, will terminate effective as of the date that is the earlier of: (1) the date the Optionee receives notice of the termination of the Optionee\u2019s employment from the Company or the Employer, or (2) the date of Termination of Service (the \u201cTermination Date\u201d) regardless of any notice period or period of pay in lieu of such notice required under Canadian provincial employment law or under any employment agreement (including, but not limited to statutory law, regulatory law and/or common law). The Optionee\u2019s right, if any, to exercise the Option after the Optionee\u2019s Termination of Service will be measured by the Termination Date and will not be extended by any notice period mandated under Canadian provincial law; the Company shall have the exclusive discretion to determine when the Optionee has ceased to provide services and the Termination Date for purposes of the Agreement. The Following Provisions Apply for Optionees Resident in Quebec: Language Consent The parties acknowledge that it is their express wish that the Agreement, including this Schedule A, as well as all documents, notices, and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. Consentement relatif \u00e0 la langue utilis\u00e9e Les parties reconnaissent avoir exig\u00e9 la r\u00e9daction en anglais de cette convention, ainsi que de tous documents, avis et proc\u00e9dures judiciaires, ex\u00e9cut\u00e9s, donn\u00e9s ou intent\u00e9s en vertu de, ou li\u00e9s directement ou indirectement \u00e0, la pr\u00e9sente convention. Data Privacy The following provision supplements Section 6 of the Agreement: The Optionee hereby authorizes the Company and the Company\u2019s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the Plan. The Optionee further authorizes the Company, its Subsidiaries and any stock plan service provider that may be selected by the Company to assist with the Plan to disclose and discuss the Plan with their respective advisors. The Optionee further authorizes the Company and its Subsidiaries to record such information and to keep such information in the Optionee\u2019s employee file. Notifications Securities Law Information The Optionee is permitted to sell Shares acquired through the Plan through the designated broker appointed under the Plan, if any, provided the resale of Shares acquired under the Plan takes place outside of Canada through the facilities of a stock exchange on which the Shares are listed (i.e., the New York Stock Exchange). 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{"key": "resale-of-shares", "type": "clause", "offset": [4494, 4510]}, {"key": "the-facilities", "type": "clause", "offset": [4573, 4587]}, {"key": "a-stock", "type": "definition", "offset": [4591, 4598]}, {"key": "the-shares-are", "type": "definition", "offset": [4617, 4631]}, {"key": "the-new-york-stock-exchange", "type": "clause", "offset": [4646, 4673]}], "size": 3, "hash": "df603cdb9008edee78cf250003072dd8", "id": 4}, {"samples": [{"hash": "66vjNla2546", "uri": "/contracts/66vjNla2546#bermuda", "label": "Transaction Agreement and Plan of Amalgamation", "score": 29.3408622742, "published": true}, {"hash": "kRJCGkBz0eW", "uri": "/contracts/kRJCGkBz0eW#bermuda", "label": "Transaction Agreement and Plan of Amalgamation (Bank of Bermuda LTD)", "score": 21.0, "published": true}], "snippet": "Parent confirms its statements made to the board of directors of the Company that it: (a) will cause the Amalgamated Company to continue to use for at least five years following the Effective Time the name \u201cThe Bank of Bermuda Limited\u201d, used as appropriate with Parent\u2019s logo; (b) concurs with the continued support, at current levels as Previously Disclosed by the Company, by the Amalgamated Company of the Bank of Bermuda Foundation and the Company\u2019s local sponsorship of events and (c) will, promptly following the Effective Time, apply for a secondary listing on the Bermuda Stock Exchange for Parent ordinary shares.", "snippet_links": [{"key": "statements-made", "type": "clause", "offset": [20, 35]}, {"key": "board-of-directors-of-the-company", "type": "definition", "offset": [43, 76]}, {"key": "amalgamated-company", "type": "definition", "offset": [105, 124]}, {"key": "five-years", "type": "clause", "offset": [157, 167]}, {"key": "following-the-effective-time", "type": "clause", "offset": [168, 196]}, {"key": "bank-of", "type": "definition", "offset": [211, 218]}, {"key": "bermuda-limited", "type": "definition", "offset": [219, 234]}, {"key": "continued-support", "type": "clause", "offset": [298, 315]}, {"key": "current-levels", "type": "clause", "offset": [320, 334]}, {"key": "previously-disclosed-by-the-company", "type": "definition", "offset": [338, 373]}, {"key": "and-the-company", "type": "clause", "offset": [436, 451]}, {"key": "promptly-following", "type": "clause", "offset": [496, 514]}, {"key": "stock-exchange", "type": "definition", "offset": [580, 594]}, {"key": "parent-ordinary-shares", "type": "clause", "offset": [599, 621]}], "size": 2, "hash": "66f21cf7634395761520abdc828a632a", "id": 5}, {"samples": [{"hash": "hIIjICrQA2N", "uri": "/contracts/hIIjICrQA2N#bermuda", "label": "Investment Agreement (Platinum Underwriters Holdings LTD)", "score": 18.0, "published": true}, {"hash": "dQgLaTy07cV", "uri": "/contracts/dQgLaTy07cV#bermuda", "label": "Formation and Separation Agreement (Platinum Underwriters Holdings LTD)", "score": 18.0, "published": true}], "snippet": "As a holding company, Platinum Holdings is not subject to Bermuda insurance regulations. The Insurance Act, which regulates the insurance business of Platinum Bermuda, provides that no person may carry on any insurance business in or from within Bermuda unless registered as an insurer under the Insurance Act by the Bermuda Monetary Authority, which is responsible for the day-to-day supervision of insurers. Under the Insurance Act, insurance business includes reinsurance business. The Authority, in deciding whether to grant registration, has broad discretion to act as the Authority thinks fit in the public interest. The Authority is required by the Insurance Act to determine whether the applicant is a fit and proper body to be engaged in the insurance business and, in particular, whether it has, or has available to it, adequate knowledge and expertise. The registration of an applicant as an insurer is subject to its complying with the terms of its registration and such other conditions as the Authority may impose from time to time. Platinum Bermuda has been registered with the Authority. An Insurance Advisory Committee appointed by the Bermuda Minister of Finance advises the Authority on matters connected with the discharge of the Authority's functions and sub-committees thereof supervise and review the law and practice of insurance in Bermuda, including reviews of accounting and administrative procedures. The day-to-day supervision of insurers is the responsibility of the Bermuda Registrar of Companies. The Insurance Act imposes on Bermuda insurance companies solvency and liquidity standards and auditing and reporting requirements and grants to the Authority powers to supervise, investigate and intervene in the affairs of insurance companies. Certain significant aspects of the Bermuda insurance regulatory framework are set forth below.", "snippet_links": [{"key": "holding-company", "type": "definition", "offset": [5, 20]}, {"key": "platinum-holdings", "type": "definition", "offset": [22, 39]}, {"key": "subject-to", "type": "definition", "offset": [47, 57]}, {"key": "insurance-regulations", "type": "definition", "offset": [66, 87]}, {"key": "insurance-act", "type": "clause", "offset": [93, 106]}, {"key": "insurance-business", "type": "clause", "offset": [128, 146]}, {"key": "platinum-bermuda", "type": "definition", "offset": [150, 166]}, {"key": "no-person-may", "type": "clause", "offset": [182, 195]}, {"key": "carry-on", "type": "definition", "offset": [196, 204]}, {"key": "bermuda-monetary-authority", "type": "clause", "offset": [317, 343]}, {"key": "responsible-for", "type": "clause", "offset": [354, 369]}, {"key": "the-day", "type": "definition", "offset": [370, 377]}, {"key": "supervision-of", "type": "clause", 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"offset": [285, 293]}, {"key": "to-the-extent-permitted-by-law", "type": "clause", "offset": [309, 339]}], "size": 2, "hash": "a1b8c8961a8e885048c62b8fbdcd6420", "id": 8}, {"samples": [{"hash": "9TYOEFinnNK", "uri": "/contracts/9TYOEFinnNK#bermuda", "label": "Bondholders Conversion Agreement (Esg Re LTD)", "score": 19.0, "published": true}], "snippet": "The Issuer has applied for and secured the consent of the Bermuda Monetary Authority (the \"Authority\") to the issuance to each Subscriber of the Preference Shares. In granting such consent, the Authority accepts no responsibility for the financial soundness of any proposal or for the correctness of any statements made or opinions expressed with respect to the Preference Shares or the Issuer. 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In practice, this means that if a disagreement arises between the parties, the matter will be handled in Bermuda, which is a common jurisdiction for international insurance and reinsurance business due to its established legal framework and expertise in these areas. The core function of this clause is to provide a neutral, specialized forum for dispute resolution, which can help ensure fairness and efficiency in resolving complex insurance matters."}, "json": true, "cursor": ""}}