RAM HOLDINGS LTD., Issuer to [ ], Trustee _________________________________ INDENTURE _________________________________ Dated as of [•], 2007 Debt SecuritiesIndenture • December 28th, 2007 • RAM Holdings Ltd. • Surety insurance • New York
INDENTURE, dated as of [•], 2007 (the “Indenture”), between RAM HOLDINGS LTD., a company duly organized and existing under the laws of Bermuda (hereinafter called the “Company”), having its principal executive office located at 46 Reid Street, Hamilton HM 12, Bermuda, and [ ], a bank duly organized and existing under the laws of the State of [ ] (hereinafter called the “Trustee”), having its Corporate Trust Office located at [ ].
