Exhibit 10.6.4

THE THIRD POINT REINSURANCE LTD.
2013 OMNIBUS INCENTIVE PLAN
NOTICE OF AMENDMENT TO EMPLOYEE PERFORMANCE
RESTRICTED SHARES AWARD AGREEMENT(S)

Employee: ________________________________________________

Address: ________________________________________________

________________________________________________
        

You have been previously received one or more grants restricted shares
(“Restricted Shares”), US$0.10 par value, of Third Point Reinsurance Ltd. (the
“Company”), pursuant to the terms and conditions of the Third Point Reinsurance
Ltd. 2013 Omnibus Incentive Plan (the “Plan”) and the Employee Performance
Restricted Shares Agreement(s) (together with the Award Notice(s) relating to
the grant(s), the “Agreement(s)”) you entered into at the time of grant.
Capitalized terms not defined herein shall have the meanings specified in the
Plan or the Agreement.
Your Agreement(s) is (are) being amended to provide you with the right to
receive dividends on the Restricted Shares at the time (and to the extent) your
Restricted Shares become vested. Accordingly, the Agreement(s) is (are) hereby
revised to add a new Section 3(d) to read in its(their) entirety as follows:
“(d) Dividend Equivalents. During the period ending on the day immediately prior
to the Vesting Date, the Participant shall be credited with Dividend Equivalents
in the form of a right to a cash payment when cash dividends are paid on the
Shares. Such cash payment shall equal the amount obtained by multiplying the
amount of the dividend declared and paid for each Share by the number of
Restricted Shares held by the Participant on the record date. Any cash amounts
credited to the Participant’s account shall vest (or forfeit) at the same time
and on the same conditions as the Restricted Shares to which they relate and be
paid to the Participant on the applicable Vesting Date for the related
Restricted Shares (or within 30 days thereafter); provided that, if a
Participant’s Services to the Company terminate due to Retirement prior to the
Vesting Date and the payment of any Dividend Equivalents would be subject to
taxation under Section 457A of the Code, such Dividend Equivalents shall be
deemed vested only to the extent of the number of related Restricted Shares that
vest in or prior to the calendar year after of the year of the Participant’s
termination of Service for Retirement, and any remaining unvested Dividend
Equivalents shall immediately be forfeited and cancelled effective as of the
date of the Participant’s termination of Service due to Retirement.
Except as amended hereby, the Agreement(s) shall remain in full force and
effect.
Third Point Reinsurance Ltd.

By:_________________________
Name:
Title:

Acknowledgment, Acceptance and Agreement:

By signing below and returning this Notice of Amendment to Third Point
Reinsurance Ltd. at the address stated herein, I hereby acknowledge and agree to
the Amendment of the Agreement(s).

_____________________________
Employee Name                        

______________________________
Date

THIRD POINT REINSURANCE LTD.
CHESNEY HOUSE
1ST FLOOR
96 PITTS BAY ROAD
PEMBROKE HM 06
BERMUDA
ATTENTION: GENERAL COUNSEL