ALLIED WORLD ASSURANCE COMPANY HOLDINGS, LTD PERFORMANCE-BASED EQUITY AWARD AGREEMENTAllied World • September 18th, 2009 • Allied World Assurance Co Holdings LTD • Fire, marine & casualty insurance • New York
This Performance-Based Equity Award Agreement (this “Agreement”) sets forth the terms and conditions of a target award (this “Award”) consisting of both a target LTIP award that settles in Shares (as defined below) granted to you under the Allied World Assurance Company Holdings, Ltd Amended and Restated Long-Term Incentive Plan (the “LTIP”) and a target award of restricted stock units (“RSUs”) that settle in cash granted to you under the Allied World Assurance Company Holdings, Ltd Second Amended and Restated 2004 Stock Incentive Plan (the “Stock Incentive Plan” and together with the LTIP, the “Plans”).
