THIRD AMENDMENT DATED as of December 29, 2006 Between PXRE REINSURANCE LTD. as Borrower and BARCLAYS BANK PLC as Issuer ALLEN & OVERY LLP NEW YORKFirst Global Amendment Agreement • March 16th, 2007 • Pxre Group LTD • Title insurance • New York
with reference to the Letter of Credit Facility Agreement dated as of June 25, 2004 between the Borrower and the Issuer, as amended by a Global Amendment Agreement dated as of January 28, 2005 (the “First Global Amendment Agreement”) and as further amended by a Global Amendment Agreement dated as of December 31, 2005 (the “Second Global Amendment Agreement”) (such letter of credit facility agreement, as so amended, the “Credit Agreement”). Capitalized terms used herein without definition shall have meanings set forth in the Credit Agreement.
THIRD AMENDMENTFirst Global Amendment Agreement • January 3rd, 2007 • Pxre Group LTD • Title insurance • New York
with reference to the Letter of Credit Facility Agreement dated as of June 25, 2004 between the Borrower and the Issuer, as amended by a Global Amendment Agreement dated as of January 28, 2005 (the “First Global Amendment Agreement”) and as further amended by a Global Amendment Agreement dated as of December 31, 2005 (the “Second Global Amendment Agreement”) (such letter of credit facility agreement, as so amended, the “Credit Agreement”). Capitalized terms used herein without definition shall have meanings set forth in the Credit Agreement.
