Amendment No. 1 to Share Option AgreementShare Option Agreement • June 6th, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance
WHEREAS, Employee and Endurance entered into a Share Option Agreement, dated as of December 17, 2002 (the ‘‘Original Agreement’’), pursuant to which Endurance issued to Employee the right and option to purchase (the ‘‘Option’’) up to 437,637 ordinary shares, par value $1.00 per share, of Endurance, under the Amended and Restated 2002 Stock Option Plan of Endurance (the ‘‘Plan’’); and
TERMINATION AGREEMENTTermination Agreement • June 6th, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance • New York
This Termination Agreement (this ‘‘Agreement’’) is entered into as of June 1, 2006 (the ‘‘Effective Date’’) between Endurance Services Limited, an English company (the ‘‘Company’’), and Steven W. Carlsen (the ‘‘Executive’’).
CONSULTING AGREEMENTConsulting Agreement • June 6th, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance • New York
This Consulting Agreement (this ‘‘Agreement’’), effective as of June 1, 2006 (the ‘‘Commencement Date’’), by and between Endurance Services Limited (the ‘‘Company), and Shadowbrook Advising Inc. (the ‘‘Consultant’’).
Amendment No. 1 to Restricted Share Unit AgreementRestricted Share Unit Agreement • June 6th, 2006 • Endurance Specialty Holdings LTD • Fire, marine & casualty insurance
WHEREAS, Employee and Endurance entered into a Restricted Share Unit Agreement, dated as of November 18, 2004 (the ‘‘Original Agreement’’), pursuant to which Endurance issued to Employee restricted share units (‘‘RSUs’’) convertible into 22,422 ordinary shares, par value $1.00 per share, of Endurance, under the Amended and Restated 2002 Stock Option Plan of Endurance; and
