Common use of International Assignment Clause in Contracts

International Assignment. This letter agreement confirms the terms and conditions that are being presented to you in consideration of your international assignment to Zurich (“Host Country”). During the term of this assignment, you will be employed by AXIS U.S. Specialty Services, Inc. (“Company”) and seconded to AXIS Re Europe (Zurich Branch) in Zurich and will continue to serve in the capacity of CEO Reinsurance. Except as amended by this letter, your compensation will continue to be governed by the terms of the employment agreement between you and the Company dated February 6, 2012 as may be amended from time to time (the “Employment Agreement”).

International Assignment. This letter agreement confirms the terms and conditions that are being presented to you in consideration of your international assignment to Zurich (“Host Country”). During the term of this assignment, you will be employed by AXIS Specialty U.S. Specialty Services, Inc. (“Company”) and seconded to AXIS Re Europe (Zurich Branch) in Zurich and will continue to serve in the capacity of CEO Reinsurance. Except as amended by this letter, your compensation will continue to be governed by the terms of the employment agreement between you and the Company dated February 6, 2012 July 5,2017 as may be amended from time to time (the “Employment Agreement”).