0001193125-10-060224 Sample Contracts

AXIS SPECIALTY FINANCE LLC, Issuer AXIS CAPITAL HOLDINGS LIMITED, Guarantor AND THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. Trustee FORM OF SENIOR INDENTURE Dated as of
AXIS Specialty Finance LLC • March 18th, 2010 • Fire, marine & casualty insurance • New York

THIS INDENTURE, dated as of among AXIS SPECIALTY FINANCE LLC, a Delaware-limited liability company (the “Issuer”), AXIS CAPITAL HOLDINGS LIMITED, an exempted company incorporated in Bermuda as a holding company (the “Guarantor”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “Trustee”),

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AXIS SPECIALTY FINANCE LLC, Issuer AXIS CAPITAL HOLDINGS LIMITED, Guarantor AND THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. Trustee FORM OF SUBORDINATED INDENTURE Dated as of
Indenture • March 18th, 2010 • AXIS Specialty Finance LLC • Fire, marine & casualty insurance • New York

THIS INDENTURE, dated as of among AXIS SPECIALTY FINANCE LLC, a Delaware-limited liability company (the “Issuer”), AXIS CAPITAL HOLDINGS LIMITED, an exempted company incorporated in Bermuda as a holding company (the “Guarantor”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as trustee (the “Trustee”),

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LIMITED LIABILITY COMPANY AGREEMENT OF AXIS SPECIALTY FINANCE LLC
Limited Liability Company Agreement • March 18th, 2010 • AXIS Specialty Finance LLC • Fire, marine & casualty insurance • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT (the “Agreement”) is made and entered into as of this 12th day of March, 2010, by AXIS Specialty U.S. Holdings, Inc., a Delaware corporation, as the initial sole member of the Company (sometimes hereinafter referred to herein as the “Member”).

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