October 18, 2010 Peter Minton Alterra Capital Holdings Hamilton, Bermuda Re: Employment Stay Protection Dear Peter:Letter Agreement • February 25th, 2011 • ALTERRA CAPITAL HOLDINGS LTD • Fire, marine & casualty insurance
This letter agreement (“Stay Agreement”) confirms our recent discussion regarding the terms of our arrangement to provide some assurances to you as well as retain you in the position of Chief Operating Officer of Alterra Capital Holdings Limited (the “Company”). Your signature at the bottom of this Stay Agreement will indicate your acceptance of the following terms and conditions:
DISCRETIONARY ADVISORY AGREEMENTDiscretionary Advisory Agreement • February 25th, 2011 • ALTERRA CAPITAL HOLDINGS LTD • Fire, marine & casualty insurance • New York
THIS AGREEMENT (the “Agreement”) is made as of the 30 day of December, 2010 between GOLDMAN SACHS ASSET MANAGEMENT, L.P., a limited partnership organized under the laws of Delaware (the “Adviser”) and Alterra Bermuda Limited (the “Client”).
INVESTMENT MANAGEMENT AGREEMENTInvestment Management Agreement • February 25th, 2011 • ALTERRA CAPITAL HOLDINGS LTD • Fire, marine & casualty insurance • New York
THIS AGREEMENT, made as of the 11th day of November, 2010, by and between Alterra Holdings USA Inc., a corporation organized under the laws of Delaware (hereinafter called the “Client”), and BlackRock Financial Management, Inc. (hereinafter called the “Manager”).
