SUBSCRIPTION AND BACKSTOP AGREEMENTSubscription and Backstop Agreement • March 17th, 2009 • United America Indemnity, LTD • Fire, marine & casualty insurance
THIS SUBSCRIPTION AND BACKSTOP AGREEMENT (this “Agreement”) is entered into as of this 16th day of March, 2009 by and among United America Indemnity, Ltd., a company organized and existing under the laws of the Cayman Islands (the “Company”), U.N. Holdings (Cayman) II, Ltd., a company organized and existing under the laws of the Cayman Islands (“Holdings”), and Fox Paine & Company, LLC, a Delaware limited liability company (the “Management Company”).
