0000950123-04-010542 Sample Contracts

SERVICE AGREEMENT
Service Agreement • September 1st, 2004 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance

This SERVICE AGREEMENT (the “Agreement”) is made as of this 27th day of August, 2004, by and between Anthony Taylor, an individual having an address at Mintflower Place, 8 Par-La-Ville Road, P.O. Box HM 2079, Pembroke HM HX Bermuda (the “Executive”) and Montpelier Re Holdings Ltd., whose registered office is located at Clarendon House, 2 Church Street, Hamilton, Bermuda (collectively, the “Company”).

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SERVICE AGREEMENT
Service Agreement • September 1st, 2004 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • England

This SERVICE AGREEMENT (the “Agreement”) is made as of this 27th day of August, 2004, by and between Anthony Taylor, an individual having an address at Mintflower Place, 8 Par-La-Ville Road, P.O. Box HM 2079, Pembroke HM HX Bermuda (the “Executive”) and Montpelier Marketing Services (UK) Limited, whose registered office is located at 6th Floor, Minster Court, Mincing Lane, London EC3R 7YL (the “Company”).

AMENDMENT TO SERVICE AGREEMENT
Service Agreement • September 1st, 2004 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance

This Amendment to the Service Agreement dated December 12, 2001 (the “Service Agreement”) by and between Anthony Taylor, an individual having an address at Mintflower Place, 8 Par-La-Ville Road, P.O. Box HM 2079, Pembroke HM HX Bermuda (the “Executive”) and Montpelier Re Holdings Ltd. and Montpelier Reinsurance Ltd., whose registered office is located at Clarendon House, 2 Church Street, Hamilton, Bermuda (collectively, the “Company”) is adopted on August 27, 2004.

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