0000950123-08-002620 Sample Contracts

Dated 17th July 2007 TALBOT UNDERWRITING SERVICES LTD - and - Charles Neville Rupert Atkin SERVICE AGREEMENT
Agreement • March 6th, 2008 • Validus Holdings LTD • Fire, marine & casualty insurance • England
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VALIDUS HOLDINGS, LTD. RESTRICTED SHARE AGREEMENT
Restricted Share Agreement • March 6th, 2008 • Validus Holdings LTD • Fire, marine & casualty insurance

WHEREAS, the Employee has been granted the following award under the Company’s 2005 Amended and Restated Long Term Incentive Plan (the “Plan”);

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VALIDUS HOLDINGS, LTD. STOCK OPTION AGREEMENT
Stock Option Agreement • March 6th, 2008 • Validus Holdings LTD • Fire, marine & casualty insurance

WHEREAS, the Option Holder has been designated to participate in the Validus Holdings, Ltd. 2005 Long Term Incentive Plan (the “Plan”);

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EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2008 • Validus Holdings LTD • Fire, marine & casualty insurance

AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) dated as of January 1, 2008 between Validus Holdings, Ltd., a Bermuda corporation (the “Company”), and Michael J. Belfatti (the “Executive”).

Sample 1
Restricted Share Agreement VALIDUS HOLDINGS, LTD. RESTRICTED SHARE AGREEMENT
Restricted Share Agreement • March 6th, 2008 • Validus Holdings LTD • Fire, marine & casualty insurance

WHEREAS, the Employee has been granted the following award under the Company’s Amended and Restated 2005 Long Term Incentive Plan (the “Plan”);

Sample 1
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