0001620459-23-000097 Sample Contracts

James River Group, Inc. Chapel Hill, NC 27517
James River Group Holdings, Ltd. • June 8th, 2023 • Fire, marine & casualty insurance • North Carolina

The purpose of this letter (the “Agreement”) is to confirm our agreement to amend and restate as of the Effective Date (as hereinafter defined) that certain letter agreement dated September 17, 2018 (the “Employment Agreement”), with respect to the terms of your employment by James River Group, Inc. (the “Parent Company”) to serve as President and Chief Executive Officer of Parent Company subsidiaries Stonewood Insurance Company (“SIC”), Falls Lake Insurance Management Company, Inc. (“FLIMCO”), Falls Lake National Insurance Company (formerly Stonewood National Insurance Company), and Falls Lake Fire and Casualty Company (together, the “Companies,” and each individually a “Company”). In consideration of the mutual promises contained in this Agreement, the parties to this Agreement hereby agree as follows:

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FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • June 8th, 2023 • James River Group Holdings, Ltd. • Fire, marine & casualty insurance

This FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made on June 7, 2023, by and among Frank N. D’Orazio (“Executive”), James River Group Holdings, Ltd. ( “Holdings”), and a subsidiary of Holdings, James River Group, Inc. (“the Company”).

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