Document:

Separation Agreement and General Release

 Exhibit 10.1 
 SEPARATION AGREEMENT AND GENERAL RELEASE  
 This Separation
Agreement and General Release (the “Agreement”) is entered into by and between SeaChange International, Inc. (the “Company”) and Ed Dunbar (the “Employee”). 
 1. Termination of Employment. Employee’s employment ended on March 15, 2010 (the “Separation Date”). By signing
this Agreement, Employee acknowledges receipt of all salary, bonuses, and other employment compensation, and payment for all accrued, unused vacation, due through and including the Separation Date (excluding the salary continuance provided for in
Section 4(b) below. 
 2. Benefits. Whether or not Employee signs this Agreement, Employee may elect to continue
Employee’s group medical and/or dental insurance coverage at Employee’s expense for up to eighteen (18) months following the Separation Date, provided Employee or Employee’s eligible dependent(s) remain eligible for such coverage
under the federal law known as COBRA. The Company will provide Employee with further information relating to Employee’s eligibility for COBRA coverage under separate cover. Except as provided herein, Employee’s right to any and all Company
benefits terminated on the Separation Date. 
 3. Stock Option. Except as provided in Section 4 below with the
Company’s receipt of this Agreement executed by Employee that has not been revoked during the revocation period, as set forth in the Company Stock Option and Incentive Plan (the “Stock Option Plan”) and Employee’s Stock Option
Agreement with the Company (the “Stock Option Agreement”), Employee’s options to purchase stock in the Company ceased vesting on the Separation Date. All of Employee’s rights and obligations to stock options, including without
limitation vesting, exercise and expiration, will continue to be governed by the terms and conditions of the Stock Option Plan and the Stock Option Agreement. 
 4. Post-Termination Consideration. 
 a. Release Consideration. If
Employee signs this Agreement within twenty-one (21) days and does not revoke Employee’s acceptance within seven (7) days thereafter, then, in exchange for the promises contained herein, the Company will provide Employee with the
following release consideration (the “Release Consideration”), which consideration Employee acknowledges is not otherwise owed to Employee under any employment agreement (oral or written) or any Company policy or practice: 
 i. In exchange for Employee’s release of claims under the federal Age Discrimination in Employment law (“ADEA”) and
notwithstanding section 3 above, the Company shall provide accelerated vesting for thirty thousand (30,000) shares of Employee’s stock options that were granted in the stock option agreement dated April 13, 2009 (the “Stock
Option Agreement”). 

 ii. In exchange for Employee’s release of all other claims of discrimination of any
sort and notwithstanding section 3 above, the Company shall provide accelerated vesting for an additional thirty thousand (30,000) shares of Employee’s stock options that were granted in the Stock Option Agreement. 
 iii. In exchange for Employee’s release of all other claims of any nature and not withstanding section 3 above, the Company shall
extend the period in which Employee may exercise the vested stock option in section 4(a)(i) and 4(a)(ii) above until March 15, 2011. In addition, from the period beginning on March 16, 2010 and ending on October 13, 2012, Employee
shall remain eligible to participate in the Company’s health plan, as otherwise in effect from time to time (the “Plan”) on a COBRA or COBRA-equivalent basis, provided the otherwise applicable requirements of COBRA are satisfied by
Employee, recognizing that to the extent this period extends beyond the period of coverage required under COBRA (i.e., the eighteen (18) months beginning on March 16, 2010 and ending October 13, 2011), the Employee’s obligations
to timely pay the required premium, etc., shall be applied as if the COBRA requirements continued to apply. Further, for the period from March 16, 2010 through April 13, 2011, the Company shall pay Employee additional severance pay (in the
addition to the amount otherwise payable under Section 4(b) below) measured by the difference between the COBRA benefit rate and Employee’s current benefit contribution rate under the Plan. The initial semimonthly amount for such
additional severance pay, less applicable deductions and withholdings, shall be two hundred dollars ($200.00) and will be paid under the Company’s normal semimonthly payroll practices. Employee hereby acknowledges that the benefit contribution
rates under the Plan are subject to change on an annual basis, and Employee’s current benefit contribution rate may change based on such annual Plan changes. 
 The Company shall provide Employee with the necessary amendments to the Stock Option Agreement to effect the changes in
Section 4(a)(i)-(iii), the form of such amendments which are attached as Exhibit B to this Agreement, after the eighth (8th) day following the date on which the Employee signs and returns this Agreement. 
 b. Company Obligations. Pursuant to the terms of Employee’s offer letter dated March 13, 2009 (the “Offer
Letter”), the Company shall provide Employee with twenty-five and thirteen/fifteenths (25 13/15) semimonthly salary continuation payments at the rate of $18,750.00/payment, the Employee’s current gross semimonthly rate, less applicable
deductions and withholdings for the period beginning on March 16, 2010 and ending on April 13, 2011. 
 5. Internal
Revenue Code Section 409A. In the event Employee is determined to be a “Specified Employee” under Treasury Regulation Section 1.409A-1(i) upon Employee’s separation from service, any payment under this Agreement shall
not be paid until at least six (6) months after such separation date. Notwithstanding the foregoing, Employee’s termination of employment (and Separation Date) under this Agreement (a) shall occur only if it constitutes a
“separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h)(1) and (b) in the case of any “involuntary separation from service” under Treasury Regulation 1.409A-1(n), the six month delay
shall only be applied to the extent such amounts, when added to all other amount required to be taken into account under the “separation pay” limitation of Treasury Regulation Section 1.409A-1(b)(9)(iii), would, if paid within such
period, exceed the Employee’s Statutory Maximum. Payment of any delayed amounts shall be made as soon as is

 
administratively practicable, but no more than ten (10) business days, after the expiration of such six (6) month period. For purposes of this Section, the term “Statutory
Maximum” means, with respect to a Specified Employee, the “two (2) tines the lesser of” amount describe in Treasury Regulation Section 1.409A(b)(9)(iii)(A). 
 6. Company Property. By signing this Agreement, Employee represents and acknowledges that Employee has returned to the Company all
originals and copies (both in paper and electronic form) of all Company documents and data and all Company property, including without limitation, personal computers, laptops, fax machines, scanners, copiers, cellular phones, Company credit cards
and telephone charge cards, manuals, building keys and passes, courtesy parking passes, diskettes, intangible information stored on diskettes, software programs and data compiled with the use of those programs, software passwords or codes, tangible
copies of trade secrets and confidential information, sales forecasts, names and addresses of Company customers and potential customers, customer lists, customer contacts, sales information, sales forecasts, memoranda, sales brochures, business or
marketing plans, reports, projections, and all other information or property held or used by Employee in connection with Employee’s employment with the Company. 
 7. General Release of Claims. 
 a. In exchange for the Release
Consideration, Employee, on behalf of Employee and Employee’s spouse, heirs, executors, administrators, trustees, legal representatives, and assigns, hereby releases, indemnifies, holds harmless and forever discharges the Company, its
predecessors and successors, its past and present parent corporations, divisions, subsidiaries, and affiliates, and the past and present officers, directors, employees, consultants, shareholders, partners, benefit plans, attorneys, agents, and
assigns of any of them (any or all of which are referred to as the “Releasees”), from any and all claims, demands, liabilities, actions, and causes of action of every name and nature, whether known or unknown, that Employee now has or ever
had from the beginning of the world to Effective Date or that arise out of or relate to Employee’s employment by or separation from employment with the Releasees or any of them. This general release of claims is intended by you to be all
encompassing and to act as a full and total release of any legally available claims, whether specifically enumerated herein or not, that Employee may have or may have had against the Releasees arising from conduct occurring up to and through the
Effective Date of this Agreement, including but not limited to any and all claims under local, state or federal law for wrongful discharge, wrongful termination, or wrongful dismissal; any and all claims for breach of an express or implied contract,
covenant, or agreement; any and all claims for unlawful discrimination or harassment (including but not limited to claims alleged based on race, sex, sexual preference or sexual orientation, marital status, pregnancy, religion, creed, age, handicap,
disability, national origin, ethnic heritage, ancestry, veteran status, retaliation, or any other protected classification protected by local, state, or federal law); any and all claims for violation of any fair employment practice law, including
the Age Discrimination in Employment Act, 29 U.S.C. §621 et seq.; any and all claims under the Family and Medical Leave Act or any other federal or state law concerning leaves of absence; any and all claims under the Worker
Adjustment and Retraining Notification (“WARN”) Act or any other local, state, or federal law; any and all claims under the Employee Retirement Income Security Act (other than claims against an employee benefit plan seeking payment of a
vested benefit under the terms of that plan); any and all claims for infliction of emotional distress; any

 
and all claims for defamation; any and all claims for invasion of any right of privacy; any and all negligence claims; any and all tort claims; any and all statutory claims; any and all
constitutional claims; any and all claims for violation of any civil rights; any and all claims for reinstatement or reemployment by the Releasees; any and all claims for wages, bonuses, incentive compensation, equity compensation, stock payments or
appraisal rights, phantom stock payments, or other compensation or benefits, and any and all claims for compensatory or punitive damages, interest, attorney’s fees, or costs, including costs and fees already incurred. 
 b. This release shall not be construed to impair Employee’s right to enforce the terms of this Agreement. 
 c. This release does not include any claim which, as a matter of law, cannot be released by private agreement. Nor does this release
prohibit or bar Employee from providing truthful testimony in any legal proceeding or from cooperating with, or making truthful disclosures to, any local, state, or federal governmental agency. Notwithstanding the foregoing, with respect to any
claim that cannot be released by private agreement, Employee agree to release and waive Employee’s right (if any) to any monetary damages or other recovery as to such claims, including any claims brought on Employee’s behalf, either
individually or as part of a collective action, by any governmental agency or other third party. 
 d. This release shall not
preclude Employee from submitting claims for coverage for any claims asserted against Employee as a result of actions or omissions in the course of Employee’s non-negligent duties during Employee’s employment with the Company. 

8. Non-Filing of Claims. Employee represents and warrants that Employee has not filed any complaints, charges or claims for relief
against any of the Releasees with any local, state or federal court or administrative agency. 
 9. Confidentiality of
Agreement. Employee agrees to keep the terms and amount of this Agreement completely confidential, and not to disclose any such matters to anyone, in words or in substance, except as set forth in this Section 9. Employee may disclose the
terms and amount of this Agreement (a) to Employee’s spouse, attorney, and/or accountant, provided that Employee shall first obtain any such person’s written agreement to keep any such matters completely confidential and not to
disclose any such matters to anyone; (b) to the extent required by law or to the extent necessary to enforce Employee’s rights under this Agreement; and (c) to the extent permitted under Section 7(c). 
 10. Non-Disparagement. Except as permitted by Section 7(c), Employee agrees not to make any statement, written or oral, which
disparages the Company, its products or services, or any of its directors, officers, employees, or agents. 
 11.
Cooperation. Employee hereby agrees to provide any and all necessary assistance to and cooperation with the Company if called upon by it with regard to: (i) the transition of Employee’s job responsibilities, and (ii) any
lawsuit, claim, action, investigation, administrative review or otherwise that may be brought by a third party against the Company and which may involve facts or knowledge of which Employee may be aware as a result of Employee’s employment or
position with the Company. 

 12. Waiver of Rights and Claims Under the Age Discrimination in Employment Act.
Because Employee is forty (40) years of age or older, Employee is protected against age discrimination by the federal Age Discrimination in Employment Act. Employee has or may have specific rights and/or claims under the Age Discrimination in
Employment Act of 1967 (ADEA) and the Employee agrees that: 
 (a) In consideration for the amounts described in
Section 4(a) of this Agreement, which Employee is not otherwise entitled to receive, Employee specifically and voluntarily waives such rights and/or claims under the ADEA, as amended by the Older Workers Benefit Protection Act, that Employee
might have against the Company Releasees to the extent such rights and/or claims arose prior to the date this Agreement was executed. 
 (b) Employee understands that rights or claims under the ADEA which may arise after the date this Agreement is executed are not waived by Employee. 
 (c) The Company has advised Employee that Employee has at least twenty-one (21) days within which to consider the terms of this Agreement (including all Exhibits) and to consult with or seek advice
from an attorney of Employee’s choice prior to executing this Agreement. If Employee signs this Agreement in fewer than twenty-one (21) days, Employee acknowledges that the decision was entirely voluntary and that Employee was given the
full twenty-one (21) days to consider the Agreement. If Employee does not sign this Agreement and return it to the Company within twenty-one (21) days, the offer contained herein shall be null and void. 
 (d) The twenty-one (21) day review period will not be affected or extended by any revisions, whether material or immaterial, that might
be made to this Agreement. 
 (e) Employee understands that Employee may revoke this Agreement for a period of seven
(7) days after signing this Agreement, and that it shall not be effective or enforceable until the expiration of this seven (7) day Revocation Period. To revoke this Agreement, a written notice of revocation must be received by Human
Resources at the Company within the 7-day revocation period. 
 (f) Employee has carefully read and fully understand all of the
provisions of this Agreement, and Employee knowingly and voluntarily agrees to all of the terms set forth in this Agreement; and 
 (h) In entering into this Agreement Employee is not relying on any representation, promise or inducement made by the Company or its attorneys with the exception of those promises described in this document. 
 13. Binding Nature of Agreement. This Agreement shall be binding on and inure to the benefit of Employee and Employee’s heirs,
administrators, representatives, and executors. Employee’s obligations under this Agreement are personal and may not be assigned. The Company may assign its rights and obligations under this Agreement. This Agreement shall be binding upon and
inure to the benefit of the Company and its successors and assigns. 

 14. Use of the Agreement as Evidence; Liability. This Agreement may not be used as
evidence in any proceeding of any kind, except a proceeding in which one of the parties or a Releasee alleges a breach of the terms of this Agreement or elects to use this Agreement as a defense to any claim. This Agreement shall not constitute an
admission or acknowledgment of liability or wrongdoing on the part of any or all of the Releasees. 
 15. Nondisclosure and
Noncompetition Obligations. Regardless of whether Employee signs this Agreement, the Employee Noncompetition, Nondisclosure and Developments Agreement with the Company (the “Noncompetition Agreement”), which is attached hereto as
Exhibit A shall remain in full force and effect following the Separation Date. Employee represents and acknowledges that Employee has at all times complied with the Noncompetition Agreement, and will continue to do so following the Separation Date.

 16. Consequences of Breach. Employee understands and agrees that the Company may terminate Employee’s eligibility
for the Release Consideration if Employee violates this Agreement, and that the Company shall further have the right to recover from Employee any Release Consideration paid to Employee or on Employee’s behalf during any time periods following
the commencement of any such breach. Employee further agrees that a breach of Paragraphs 6, 8, 9, 10, 11 and/or 15 herein would result in irreparable harm to the Company and that money damages would not provide an adequate remedy. Therefore,
Employee agrees that in addition to any other rights that it may have, the Company shall have the right to specific performance and injunctive relief in the event Employee breaches any of those Paragraphs of this Agreement. 
 17. Entire Agreement; Modification. With the exception of the Noncompetition Agreement, the Plan, the Stock Option Plan, and the
Stock Option Agreement, all of which shall remain in full force and effect, this Agreement is the entire agreement between the Company and Employee and all previous agreements or promises between them are superseded and void. This Agreement may be
modified only by a written agreement signed by Employee and an officer of the Company. 
 18. Acknowledgements. By
signing this Agreement, Employee acknowledges that Employee has carefully read and fully understands this Agreement, Employee is not relying on any representations by any representative of the Company concerning the meaning of any aspect of this
Agreement, Employee has had twenty-one (21) days to review this Agreement, and Employee is signing it voluntarily. 
 19.
Governing Law; Interpretation. In the event of any dispute, this Agreement will be construed as a whole, will be interpreted in accordance with its fair meaning, and will not be construed strictly for or against either Employee or the
Company. The law of Massachusetts will govern any dispute about this Agreement. If for any reason any part of this Agreement shall be determined to be unenforceable, the remaining terms and conditions shall be enforced to the fullest extent
possible. 

 IN WITNESS WHEREOF, the parties have executed this Agreement under seal as of the date last
written below. 
  

							
	 /s/ Ed Dunbar
	    	March 10, 2010	  	
	 Ed Dunbar
	    	DATE	  	
			
	 SEACHANGE INTERNATIONAL, INC.
	    		  	
				
	 By:
	 	 /s/ Laura Waston
	    	March 10, 2010	  	
	 Title:
	 	HR Director	    	DATEEmployment Agreement between Harbor Point Limited and John R. Berger

 Exhibit 10.5(a) 
 EMPLOYMENT AGREEMENT 
 This EMPLOYMENT AGREEMENT is
entered into as of December 2, 2005, by and between Harbor Point Limited, an exempted limited liability company organized and existing under the laws of Bermuda (the “Company”), and John Berger (“Executive”).

 W I T N E S S E T H : 
 WHEREAS, Executive and the Company desire to set forth in this Agreement the terms and conditions of Executive’s employment with the Company; 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants and promises contained herein and for other good and valuable
consideration, the Company and Executive hereby agree as follows: 
 1 Agreement to Employ; No Conflicts 
 Upon the terms and subject to the conditions of this Agreement, the Company hereby agrees to employ Executive, and Executive hereby accepts
employment with the Company. Executive represents that (a) he is entering into this Agreement voluntarily and that his employment hereunder and compliance with the terms and conditions hereof will not conflict with or result in the
breach by him of any agreement to which he is a party or by which he may be bound, (b) he has not, and in connection with his employment with the Company will not, violate any nonsolicitation or other similar covenant or agreement by
which he or she is or may be bound, and (c) in connection with his employment with the Company he will not use any confidential or proprietary information he may have obtained in connection with employment with any prior employer (other
than proprietary information regarding Chubb Re, Inc. to the extent such info has been conveyed pursuant to the definitive purchase agreement among Harbor Point Limited, Harbor Point Services, Inc., The Chubb Corporation, Federal Insurance Company
and Chubb Re, Inc. (the “Purchase Agreement”). 
 2 Term; Position and Responsibilities 
 (a) Term of Employment. Unless Executive’s employment shall sooner terminate pursuant to Section 4, the Company shall employ
Executive for a term commencing on the closing of the Purchase Agreement (the “Commencement Date”) and ending on the third anniversary thereof (the “Initial Term”). Effective upon the expiration of the Initial Term
and of each Additional Term (as defined below), Executive’s employment hereunder shall be deemed to be automatically extended, upon the same terms and conditions, for an additional period of one year (each, an “Additional
Term”), in each such case, commencing upon the expiration of the Initial Term or the then current Additional Term, as the case may be, unless, at least 90 days prior to the expiration of the Initial Term or such Additional Term, either
party shall give written

 
notice to the other (a “Non-Extension Notice”) of its intention not to extend the term hereof. A Non-Extension Notice shall not constitute a notice of the termination of his
employment by the Company unless such notice specifically provides for such termination of employment and the specific date thereof. The period during which Executive is employed pursuant to this Agreement shall be referred to as the
“Employment Period”. 
 (b) Position and Responsibilities. During the Employment Period, Executive shall
serve as President and Chief Executive Officer of the Company, and shall have such duties and responsibilities as are customarily assigned to individuals serving in such positions and such other duties consistent with Executive’s titles and
positions as the Company’s Board (the “Board”) specifies from time to time. Executive shall report to the Company’s Board of Directors. Executive shall devote all of his skill, knowledge and working time to the
conscientious performance of the duties and responsibilities of such positions, except for authorized vacation time, absence for sickness or similar disability and time spent performing services for any charitable, religious or community
organizations, so long as such services do not materially interfere with the performance of Executive’s duties hereunder. 
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Compensation. 
 (a) Base Salary. As compensation for the services to be performed by Executive during the
Employment Period, the Company shall pay Executive a base salary at an annualized rate of $700,000, payable in installments on the Company’s regular payroll dates, but no less frequently than monthly (the “Base Salary”).

 (b) Annual Incentive Bonus. During the Employment Period, the Executive shall have an annual cash incentive bonus
opportunity in an amount to be determined by the Board or a committee thereof in its discretion based on performance during the year. 
 (c) Stock Grants and Stock Options. On or about the Commencement Date, the Company shall award to the Executive (i) stock options to purchase 106,250 shares of Company common stock and (ii) 65,000 restricted shares of
Company common stock in accordance with the terms of a letter between the Company, the Executive and certain other individuals dated as of the date hereof (the “Equity Plan Letter”), which is incorporated and made a part hereof.

 (d) Employee Benefits. During the Employment Period, Executive shall be entitled to participate in the pension,
retirement, savings, medical, disability and other welfare benefit plans maintained by the Company for its senior executives. During the period between the date hereof and the Commencement Date, the Company and the Executive will work with a
consulting firm to select benefit plans for the Company’s senior executives which are comparable to the benefits provided to individuals holding similar positions at comparable orgainzations. 
  

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 (e) Expenses. The Company shall reimburse Executive for reasonable travel, lodging,
meal and other reasonable expenses incurred by him in connection with his performance of services hereunder, upon submission of evidence, reasonably satisfactory to the Company, of the incurrence and purpose of each such expense and otherwise in
accordance with the Company’s business travel and expense reimbursement policy applicable to its senior executives as in effect from time to time. 
 (f) Vacation. During the Employment Period, Executive shall be entitled to four weeks of paid vacation on an annualized basis, in accordance with the Company’s vacation policy for senior
executives. 
 4 Termination of Employment 
 (a) Termination Due to Death or Disability. Executive’s employment hereunder may be terminated by the Company in the event of Executive’s Disability (as defined below) and shall terminate
upon Executive’s death. For purposes of this Agreement, “Disability” shall mean a total disability within the meaning of any long-term disability plan maintained by the Company for the benefit of Executive. 
 (b) Termination by the Company for Cause. The Company may terminate Executive’s employment hereunder for Cause (as defined below
at any time). “Cause” shall mean (i) the willful failure of Executive substantially to perform his duties hereunder or his negligent performance of such duties (other than any such failure due to Executive’s physical or
mental illness), (ii) Executive having engaged in willful and serious misconduct that has caused or is reasonably expected to result in material injury to the Company or any of its affiliates, (iii) a willful and material
violation by Executive of a Company policy that has caused or is reasonably expected to cause a material injury to the Company or any of its affiliates, (iv) the willful and material breach by Executive of any of his obligations
hereunder, (v) failure by Executive to timely comply with a lawful direction or instruction given to him by the Board or (vi) Executive having been convicted of, or entering a plea of guilty or nolo contendere to, a crime
that constitutes a felony or a misdemeanor involving moral turpitude (or comparable crime in any jurisdiction that uses a different nomenclature); provided that, in the case of clause (i), (ii), (iii), (iv) or (v), the Company shall have
given Executive 20 days prior written notice of such action and, if such action is capable of being cured, Executive shall not have cured such action to the satisfaction of the Company within such 20 day period. 
 (c) Termination by Company Without Cause. The Company may terminate Executive’s employment hereunder at any time by written
notice to Executive. A termination “Without Cause” shall mean a termination of Executive’s employment by the Company other than as a result of his Disability or for Cause. 
  

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 (d) Termination by Executive for Good Reason. Executive may terminate his employment
for “Good Reason” (as defined below). A termination of employment by Executive for “Good Reason” shall mean a termination by Executive of his employment with the Company, by written notice to the Company specifying in reasonable
detail the circumstances claimed to provide the basis for such termination, within 30 days following the occurrence, without Executive’s consent, of any of the following events and the failure of the Company to correct the circumstances set
forth in Executive’s notice of termination within 20 days of receipt of such notice: (i) the assignment to Executive of duties that are significantly different from, and that result in a substantial diminution of, the duties
provided for in Section 2(b), (ii) a reduction in the rate of Executive’s Base Salary, or (iii) a material breach by the Company of this Agreement. 
 (e) Notice of Termination. Any termination of Executive’s employment by the Company pursuant to Section 4(a), 4(b) or 4(c),
or by Executive pursuant to Section 4(d) shall be communicated by a written Notice of Termination addressed to the other parties to this Agreement. A “Notice of Termination” shall mean a notice stating that Executive’s employment
with the Company has been or will be terminated and the specific provisions of this Section 4(e) under which such termination is being effected. 
 (f) Date of Termination. As used in this Agreement, the term “Date of Termination” shall mean (i) if Executive’s employment is terminated by his death, the date of his
death, (ii) if Executive’s employment is terminated by the Company, the latest of (A) the date on which Notice of Termination is given as contemplated by Section 4(e), (B) the date of termination
specified in such notice and (C) the date any applicable cure period ends (if such matter is not cured within such period), and (iii) if Executive’s employment is terminated by Executive for Good Reason, the later of
(A) the date specified in the Notice of Termination and (B) the date the cure period ends (if such matter is not cured within such period). 
 (g) Payments Upon Certain Terminations. 
 (i)
General. If the Executive’s employment terminates for any reason, the Executive (or his estate, beneficiary or legal representative) shall be entitled to receive (i) any earned or accrued but unpaid Base Salary through the
Date of Termination, (ii) in the case of any termination of employment other than for Cause, any earned but unpaid annual bonus with respect to any fiscal year of the Company ending prior to the Date of Termination and
(iii) all amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company (other than relating to severance) in which Executive was a participant during his employment with Company in
accordance with the terms thereof. 
  

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 (ii) In the event of a termination of Executive’s employment by Company
Without Cause or a termination by Executive of his employment for Good Reason in either such case during the Employment Period (any such termination, a “Qualifying Termination”), Company shall pay to Executive (or, following his
death, to Executive’s beneficiaries), as liquidated damages in respect of claims based on provisions of this Agreement and provided Executive executes and delivers a general release of all claims in form and substance satisfactory to the
Company, his Base Salary, at the rate in effect hereunder immediately prior to the Qualifying Termination, which shall be payable in installments on Company’s regular payroll dates, for the Severance Period (as defined below), provided
that the Company may, within two and one half months of such Qualifying Termination, pay to Executive, in a single lump sum and in satisfaction of the Company’s obligations under this Section 4(g)(ii), an amount equal to the present
discounted value (calculated using a discount rate equal to the applicable Federal rate (as defined in Section 1274(d) of the Code)) of the installments of the Base Salary then remaining to be paid to Executive pursuant to this
Section 4(g)(ii). 
 (iii) Severance Period. For purposes of this Agreement, the “Severance
Period” shall mean the twenty four-month period following the Date of Termination unless such termination is in the final year of this agreement, in which case Severance Period shall mean the twelve-month period following the Date of
Termination. 
 (iv) No Duty to Mitigate. Executive shall not have a duty to mitigate the costs to the
Company under Section 4(g)(ii). 
 (v) No Duplication of Benefits. In the event of Executive’s
termination of employment during the Employment Period for any reason, the sole payments or obligations of the Company are provided for in this Section 4(g). In the event that Executive is entitled to payment under any plan, policy, program or
practice of the Company relating to severance, any such payment shall reduce the amounts otherwise payable hereunder. Notwithstanding the foregoing, this section shall not be deemed or construed to restrict or impair in any manner any rights
Executive may have in any restricted stock or stock option issued to him pursuant to any incentive equity plan, nor shall it be deemed or construed to limit or impair in any manner Executive’s right to benefits pursuant to the Chubb Re
Incentive Compensation Plan and/or Senior Management Incentive Compensation Plan. 
  

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 (h) Resignation upon Termination. Effective as of any Date of Termination, Executive
shall resign, in writing, from all Board memberships and other positions then held by him with the Company and its Affiliates. 
 (i) Cessation of Professional Activity. Upon delivery of a Notice of Termination by any party, the Company may relieve Executive of his responsibilities and require Executive to immediately cease all professional activity on behalf
of the Company. In addition, in the event that the Board determines that there is a reasonable basis for it to investigate whether circumstances exist that would, if true, permit the Board to terminate Executive’s employment for Cause, the
Board may relieve Executive of his responsibilities during the pendency of such investigation. In the event said investigation terminates without making a determination that Executive can be terminated for Cause, Employee’s responsibilities
shall be reinstated, retroactive to the date upon which he was relieved of them. 
 5 Restrictive Covenants 
 (a) Unauthorized Disclosure. From the date hereof, and during any period of employment with the Company or its affiliates and the
ten-year period following any termination thereof, without the prior written consent of the Board or its authorized representative, except to the extent required by an order of a court having jurisdiction or under subpoena from an appropriate
government agency, in which event, Executive shall use his best efforts to consult with the Board prior to responding to any such order or subpoena, and except as required in the performance of his duties hereunder, Executive shall not disclose any
confidential or proprietary trade secrets, customer lists, drawings, designs, information regarding product development, marketing plans, sales plans, manufacturing plans, management organization information (including but not limited to data and
other information relating to members of the Board, the Company or any of their affiliates or to management of the Company or any of its affiliates), operating policies or manuals, business plans, financial records, design or other financial,
commercial, business or technical information (i) relating to the Company or any of its affiliates or (ii) that the Company or any of its affiliates may receive belonging to suppliers, customers or others who do business with
the Company or any of its affiliates (collectively, “Confidential Information”) to any third person unless such Confidential Information (i) has been previously disclosed to the public or is in the public domain (in each
case, other than by reason of Executive’s breach of this Section 5(a) or a breach by any other person party to an agreement providing for similar protection to Confidential Information) or (ii) no longer has a significant
business purpose for the Company. 
 (b) Non-Competition. During the period commencing on the date hereof and ending on
the twelve month anniversary of the Date of Termination in the case of any other termination of employment (the “Restriction Period”), Executive will not directly or indirectly, alone or in conjunction with any Entity (as defined
below), own, manage,

  

 6 

 
operate or control or participate in the ownership, management, operation or control of, or become associated, as an employee, director, officer, advisor, agent, consultant, principal, partner,
member or independent contractor with or lender to, any person, enterprise, firm, partnership, corporation, limited liability entity, cooperative or other entity (each, an “Entity”) engaged in or aiding others to conduct business
that engages, or plans to engage, in any line of business that the Company or its affiliates engages in, has made plans (of which Executive has or would reasonably be expected to have knowledge) to engage in at the time of Executive’s
employment or, within the prior 12 months was engaged in, or otherwise competes, directly or indirectly, with the Company or any of its affiliates. The ownership of less than 5% of the outstanding voting shares of any publicly held company which
otherwise would be prohibited under this paragraph shall not constitute a violation of this paragraph. 
 (c)
Non-Disparagement. During the Employment Period and at any time thereafter, Executive shall not, directly or indirectly, engage in any conduct or make any statement, whether in commercial or noncommercial speech, disparaging or criticizing in
any way the Company or any of its affiliates (including, but not limited to, Trident III, L.P. (“Trident”) and any of its affiliates), or any products or services offered by any of these, nor shall he engage in any other conduct or
make any other statement that could be reasonably expected to impair the goodwill of any of them, in each case except to the extent required by law, and then only after consultation with the Company or Trident, as the case may be, provided, however,
that this Section 5(c) shall not inhibit the Executive’s ability to, reasonably and in good faith, solicit customers pursuant to Section 5(e). 
 (d) Non-Solicitation of Employees, etc. For a period of twenty-four months from the Date of Termination, Executive shall not, directly or indirectly, for his own account or for the account of any
Entity in any jurisdiction in which the Company or any of its affiliates has commenced or has made plans to commence operations at the time of Executive’s employment: 
 (i) solicit for employment, employ, engage or otherwise interfere with the relationship of the Company or any of its
affiliates with any natural person throughout the world who, at the time of such activity or at any time in the 12-month period preceding such activity, is or was employed by, or otherwise engaged to perform services for, the Company or any of its
affiliates, other than any such solicitation or employment on behalf of the Company or any of its affiliates during Executive’s employment with the Company; or 
 (ii) induce any employee of, or consultant to, the Company or any of its affiliates to engage in any activity that Executive
is prohibited from engaging in under any of paragraphs of this Section 5, or to terminate his or her employment with the Company or any of its affiliates. 
  

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 (e) Non-Solicitation of Customers. During the Restriction Period, Executive shall
not, directly or indirectly, for his own account or for the account of any other Person, in any jurisdiction in which the Company or any of its affiliates has commenced or made plans to commence operations, solicit or otherwise attempt to establish
any business relationship of a nature that is competitive with the business or relationship of the Company or any of its affiliates with any person throughout the world which is or was a customer, client or distributor of the Company or any of its
affiliates at any time during which Executive was employed by the Company (in the case of any such activity during such time) or during the twelve-month period preceding the Date of Termination (in the case of any such activity after the Date of
Termination), other than any such solicitation on behalf of the Company or any of its affiliates during Executive’s employment with the Company. 
 (f) Return of Documents. In the event of the termination of Executive’s employment for any reason, Executive shall deliver to the Company all of (i) the property of each of the
Company and its affiliates and (ii) the documents and data of any nature and in whatever medium of each of the Company and its affiliates, and he shall not take with him any such property, documents or data or any reproduction thereof,
or any documents containing or pertaining to any Confidential Information. 
 (g) Notification. Executive will, during
the Restriction Period, inform any prospective subsequent employer of the substance of the terms and conditions of the restrictive covenants set forth in this Section 5. 
 6 Injunctive Relief with Respect to Covenants; Certain Acknowledgments; Etc. 
 (a) Injunctive Relief. Executive acknowledges and agrees that the covenants, obligations and agreements of Executive contained in Section 5 relate to special, unique and extraordinary matters and that a violation of any of the
terms of such covenants, obligations or agreements will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, Executive agrees that the Company shall be entitled to an injunction, restraining order or
such other equitable relief (without the requirement to post bond unless required by applicable law) as a court of competent jurisdiction may deem necessary or appropriate to restrain Executive from committing any violation of such covenants,
obligations or agreements. These injunctive remedies are cumulative and in addition to any other rights and remedies the Company may have. 
 (b) Blue Pencil. If any court of competent jurisdiction shall at any time deem the Restrictive Period too lengthy, the other provisions of Section 5 (Restrictive Covenants) shall nevertheless
stand and the Restrictive Period herein shall be deemed to be the longest period permissible by law under the circumstances. The court shall reduce the time period to permissible duration or size. 
  

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 (c) Certain Acknowledgements. Executive acknowledges and agrees that Executive will
have a prominent role in the management of the business, and the development of the goodwill, of the Company and its affiliates and will establish and develop relations and contacts with the principal customers and suppliers of the Company and its
affiliates in the United States of America and the rest of the world, all of which constitute valuable goodwill of, and could be used by Executive to compete unfairly with, the Company and its affiliates and that (i) in the course of his
employment with the Company, Executive will obtain confidential and proprietary information and trade secrets concerning the business and operations of the Company and its affiliates in the United States of America and the rest of the world that
could be used to compete unfairly with the Company and its affiliates; (ii) the covenants and restrictions contained in Section 5 are intended to protect the legitimate interests of the Company and its affiliates in their respective
goodwill, trade secrets and other confidential and proprietary information; (iii) Executive desires and agrees to be bound by such covenants and restrictions; and (iv) the compensation to be provided to Executive (including,
but not limited to, the option awards) are adequate consideration for the restrictive covenants provided in Section 5. 
 7
Indemnification 
 The Company hereby agrees that it shall indemnify and hold harmless Executive to the fullest extent
permitted by law from and against any and all liabilities, costs, claims and expenses, including all costs and expenses incurred in defense of litigation (including attorneys’ fees), arising out of the employment of Executive hereunder (but
excluding disputes arising under this Agreement), except to the extent arising out of or based upon the gross negligence or willful misconduct of Executive or a breach of any of Executive’s agreements, covenants or warranties hereunder. Costs
and expenses incurred by Executive in defense of such litigation (including attorneys’ fees) shall be paid by Company in advance of the final disposition of such litigation upon receipt by Company of (a) a written request for
payment, (b) appropriate documentation evidencing the incurrence, amount and nature of the costs and expenses for which payment is being sought, and (c) an undertaking adequate under applicable law made by or on behalf of
Executive to repay the amounts so paid if it shall ultimately be determined that Executive is not entitled to be indemnified by the Company under this Agreement, including but not limited to as a result of such exception. The Company and Executive
will consult in good faith with respect to the conduct of any such litigation, and Executive’s counsel shall be selected with the consent of the Company. This Section 7 shall survive the expiration of this Agreement. 
  

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 8 Miscellaneous 
 (a) Binding Effect; Assignment. This Agreement shall be binding on and inure to the benefit of the Company, and its respective successors and permitted assigns. This Agreement shall also be binding
on and inure to the benefit of Executive and his heirs, executors, administrators and legal representatives. This Agreement shall not be assignable by any party hereto without the prior written consent of the other parties hereto, except as provided
pursuant to this Section 8(a). The Company may assign this Agreement or second or loan-out Executive without prior written approval of Executive (i) to any subsidiary or affiliate of the Company and (ii) upon the
transfer of all or substantially all of its business and/or assets (by whatever means), provided that, in the case of (ii), the successor to the Company shall expressly assume and agree to perform this Agreement. 
 (b) Entire Agreement. This Agreement, read in conjunction with the Letter Agreement which is referred to and incorporated into
Section 3(c) above, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof. All prior correspondence and proposals (including but not limited to summaries of proposed terms) and all prior promises,
representations, understandings, arrangements and agreements relating to such subject matter (including but not limited to those made to or with Executive by any other person) are merged herein and superseded hereby. 
 (c) Governing Law; Consent to Jurisdiction. This agreement shall be governed in all respects, including as to validity,
interpretation and effect, by the internal laws of Bermuda without giving effect to the conflict of laws rules thereof to the extent that the application of the law of another jurisdiction would be required thereby, except that the validity,
interpretation and effect of Section 7 (Indemnification) shall be governed by the laws of the State of Delaware. Each party hereby irrevocably submits to the jurisdiction of the courts of the Bermuda solely in respect of the interpretation and
enforcement of the provisions of this Agreement and of the documents referred to in this Agreement, and in respect of the transactions contemplated hereby and thereby. Each party hereby waives and agrees not to assert, as a defense in any action,
suit or proceeding for the interpretation and enforcement of the parties’ respective rights under this Agreement that such action, suit or proceeding may not be brought or is not maintainable in such courts or that the venue thereof may not be
appropriate or that this agreement or any such document may not be enforced in or by such courts. Each party hereby consents to and grants any such court jurisdiction over the person of such parties solely for the purposes of an action for the
interpretation and enforcement of this Agreement and over the subject matter of any such dispute and agree that the mailing of process or other papers in connection with any such action or proceeding in the manner provided in Section 8(h) or in
such other manner as may be permitted by law, shall be valid and sufficient service thereof. 
 (d) Taxes. The Company
may withhold from any payments made under this Agreement all applicable taxes, including but not limited to income, employment and social insurance taxes, as shall be required by law. 
  

 10 

 (e) Amendments. No provision of this Agreement may be modified, waived or discharged
unless such modification, waiver or discharge is approved by the Board or a Person authorized thereby and is agreed to in writing by Executive and, in the case of any such modification, waiver or discharge affecting the rights or obligations the
Company, is approved by the Board or a person authorized thereby. No waiver by any party hereto at any time of any breach by any other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other
party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No waiver of any provision of this Agreement shall be implied from any course of dealing between or among the parties
hereto or from any failure by any party hereto to assert its rights hereunder on any occasion or series of occasions. 
 (f)
Insurance. The Company may at its discretion and at any time apply for and procure as owner and for its own benefit and at its own expense, insurance on the life of Executive in such amounts and in such form or forms as the Company may
choose. Executive shall cooperate with the Company as reasonably requested in procuring such insurance and shall, at the reasonable request of the Company, submit to such medical examinations, supply such information and execute such documents as
may be reasonably required by the insurance company or companies to whom the Company has applied for such insurance. Executive shall have no interest whatsoever in any such policy or policies. 
 (g) Severability. In the event that any one or more of the provisions of this Agreement shall be or become invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby. 
 (h) Notices. Any notice or other communication required or permitted to be delivered under this Agreement shall be (i) in writing, (ii) delivered personally, by courier
service or by certified or registered mail, first-class postage prepaid and return receipt requested, (iii) deemed to have been received on the date of delivery or, if so mailed, on the third business day after the mailing thereof, and
(iv) addressed as follows (or to such other address as the party entitled to notice shall hereafter designate in accordance with the terms hereof): 
 (i) If to the Company, to it at its then current headquarters, Attention: Chief Operating Officer. 
 (ii) if to Executive, to him at his residential address as then on file with the Company. 
  

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 Copies of any notices or other communications given under this Agreement shall also be given
to: 
 Stone Point Capital LLC 
 20 Horseneck Lane 
 Greenwich, CT 06830 
 Attn: David Wermuth, Esq. 
 Fax: 203-862-2925 
 and to: 
 Debevoise & Plimpton LLP 
 919 Third Avenue 
 New York, NY 10023 
 Attn: Andrew L. Sommer, Esq. 
 Fax: 212-909-6836 
 (i) Headings. The section and other headings contained in this Agreement are for the convenience of the parties only and are not
intended to be a part hereof or to affect the meaning or interpretation hereof. 
 (j) Counterparts. This Agreement may
be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 
  

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 IN WITNESS WHEREOF, the Company has duly executed this Agreement by its authorized
representative, and Executive has hereunto set his hand, in each case effective as of the date first above written. 
  

			
	HARBOR POINT LIMITED
		
	By:	 	 /s/ John R. Berger

	Name:	 	John R. Berger
	Title:	 	President and CEO
	
	EXECUTIVE
	
	 /s/ John R. Berger

	 JOHN R. BERGER

  

 13

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