EXHIBIT 10.1
SECOND AMENDMENT TO
EMPLOYMENT AGREEMENT
SECOND AMENDMENT (“Amendment”) dated as of January 1, 2018, to the Employment
Agreement, dated as of October 27, 2008 (as amended February 27, 2015, the
“Agreement”), between Arch Capital Group Ltd., a Bermuda corporation (the
“Company”), and John D. Vollaro (the “Executive”).
WHEREAS, the Company and the Executive wish to amend the Agreement as set forth
herein; and
NOW, THEREFORE, in consideration of the mutual covenants herein contained, and
for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Company and the Executive hereby agree as follows:
Effective for taxable years beginning on or after January 1, 2018, Section
4.03(e) of the Agreement shall be deleted in its entirety.
Effective for taxable years beginning on or after January 1, 2018, the following
shall be deleted from the second sentence of Section 4.04 of the Agreement: “,
on an after-tax basis,”, and any reimbursement pursuant to such sentence shall
be made on a pre-tax basis.
Except as set forth herein, the Agreement shall continue in full force and
effect in accordance with its terms, and all questions concerning the
construction, validity and interpretation of this Amendment and the Agreement
shall be construed and governed in accordance with the laws of Bermuda, without
reference to the principles of conflict of laws thereof.
This Amendment may be executed simultaneously in two or more counterparts, any
one of which need not contain the signatures of more than one party, but all of
which counterparts taken together will constitute one and the same agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date first above written.
 
Arch Capital Group Ltd.
 
 
 
 
 
 
 
By:
/s/ Marc Grandisson
 
 
Printed Name: Marc Grandisson
 
 
Title: President and Chief Executive Officer

 
By:
/s/ John D. Vollaro
 
 
John D. Vollaro