Document:

EX-10.2

 Exhibit 10.2 

ASSIGNMENT AND ASSUMPTION AGREEMENT 

This Assignment and Assumption Agreement dated as of November 7, 2016 between Global Indemnity plc, a public limited company organized under
the laws of Ireland (“GI plc”) and Global Indemnity Limited, an exempted company formed with limited liability under the laws of the Cayman Islands (“GI Cayman”) and relates to the Amended and Restated Shareholders
Agreement, dated as of December 15, 2003, as amended on April 10, 2006 (the “Shareholders Agreement”), by and among United America Indemnity, Ltd. (“UAI-Cayman”), the FPC Shareholders and the Trusts (each as defined in the
Shareholders Agreement), and as assigned by UAI-Cayman to GI plc on July 2, 2010. 
 WITNESSETH: 

WHEREAS, GI plc is a public company listed on The NASDAQ Global Select Market system (“NASDAQ”); 

WHEREAS, GI plc will become a subsidiary of GI Cayman and GI Cayman will become a public company and GI plc will cease being a public
company listed on NASDAQ pursuant to the scheme of arrangement under Irish law; 
 WHEREAS, Section 8.4 of the Shareholders Agreement
provides that the provisions of the Shareholders Agreement shall apply to any and all other share capital of UAI-Cayman or any successor or assign of UAI-Cayman (whether by merger, consolidation, sale of assets or otherwise) that may be issued in
respect of, in exchange for, or in substitution of, UAI-Cayman common shares, or that may be issued by reason of any reorganization or otherwise; 

WHEREAS, UAI-Cayman previously assigned and delegated to GI plc all of its rights and obligations under the Shareholders Agreement, and
GI plc agreed to accept such assignment and to assume and become liable for all of the obligations of UAI-Cayman under the Shareholders Agreement; 

WHEREAS, GI plc now wants to assign and delegate to GI Cayman all of its rights and obligations under the Shareholders Agreement, and
GI Cayman has agreed to accept such assignment and to assume and become liable for all of the obligations of GI plc under the Shareholders Agreement; 

WHEREAS, GI Cayman intends for GI plc to have no further obligations or liabilities under the Shareholders Agreement; 

NOW, THEREFORE, in consideration of the premises and of the mutual agreements, covenants and provisions herein contained, the parties
agree as follows: 
 1. GI plc hereby assigns and delegates to GI Cayman all of its rights and obligations, respectively, under the
Shareholders Agreement. 
 2. GI Cayman hereby accepts the assignment and assumes all obligations of GI plc under the Shareholders
Agreement. 
 3. This Assignment and Assumption Agreement will become effective on and as of the date hereof. 

4. Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Shareholders Agreement
will remain unamended and not waived and will continue to be in full force and effect. 
 5. This Assignment and Assumption Agreement may be
executed in two or more counterparts, each of which will be deemed an original, but all the counterparts will together constitute one and the same instrument. 

6. If any provision hereof, or the application thereof to any person or circumstance, will to any extent be invalid or unenforceable, the
remaining provisions herein, or the application of such provisions to any persons or circumstances other than those to which it is held invalid or unenforceable, will not be affected thereby. 

7. This Assignment and Assumption Agreement and the Shareholders Agreement represent the entire agreement of parties with respect to the
subject matter hereof, and there are no promises, undertakings, representations or warranties by the parties relative to the subject matter hereof not expressly set forth or referred to herein or in the Shareholders Agreement. 

8. THIS ASSIGNMENT AND ASSUMPTION AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS ASSIGNMENT AND ASSUMPTION AGREEMENT WILL
BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE. 
 9. The parties hereby agree and
acknowledge that any obligations or duties of GI plc pursuant to the Shareholders Agreement are hereby terminated in their entirety and that GI plc is an express third party beneficiary to this Assignment and Assumption Agreement. Despite anything
to the contrary in this Assignment and Assumption Agreement or the Shareholders Agreement, GI Cayman and the parties to the Shareholders Agreement release and forever discharge GI plc, as well as its shareholders, directors, officers, employees,
agents and representatives, from all further obligations arising under this Assignment and Assumption Agreement and the Shareholders Agreement, and from all manner of actions, causes of action, suits, debts, damages, expenses, claims and demands
whatsoever that GI Cayman has or may have against any of the foregoing persons, arising out of or in any way connected to performance under this Assignment and Assumption Agreement or the Shareholders Agreement on and after the date hereof. For
avoidance of doubt, nothing herein affects any rights, liabilities, or obligations of GI Cayman or GI plc due to be performed before the date hereof. 

[Signature pages follow] 

 IN WITNESS WHEREOF, the parties have duly executed or caused to be duly executed this Assignment
and Assumption Agreement as of the date first above written. 
  

			
	Given under the Common Seal of
	GLOBAL INDEMNITY PLC
		
	By:	 	 /s/ Thomas M. McGeehan

	Name: Thomas M. McGeehan
	Title: Chief Financial Officer
	
	GLOBAL INDEMNITY LIMITED
		
	By:	 	 /s/ Thomas M. McGeehan

	Name: Thomas M. McGeehan
	Title: Chief Financial OfficerEX-10.3

 Exhibit 10.3 

FOX PAINE & COMPANY, LLC 

3500 Alameda de las Pulgas, Suite 150 

Menlo Park, California 94025 

November 7, 2016 
 GLOBAL INDEMNITY PLC

 25/28 North Wall Quay 
 Dublin 1, Ireland 

Ladies and Gentlemen: 
 We refer to that certain
Amended and Restated Management Agreement, dated as of October 31, 2013 (the “Management Agreement”) by and between Global Indemnity (Cayman) Limited (“GBLI Cayman”) and Fox Paine & Company,
LLC, a Delaware limited liability company (“Fox Paine”). Capitalized terms used but not otherwise defined in this letter shall have the respective meanings ascribed to such terms in the Management Agreement. Global Indemnity
plc, a company organized in Ireland (the “Company”) has provided notice to Fox Paine that it intends to enter into a series of transactions to change its holding company from an entity incorporated in Ireland to an entity
incorporated in the Cayman Islands, Global Indemnity Limited (“New GBLI Parent”), pursuant to a scheme of arrangement under Irish law (the “Redomestication”). 

Fox Paine, the Company, New GBLI Parent and GBLI Cayman hereby acknowledge and agree that: (i) Fox Paine will be owed a fee in connection with
the Redomestication for the provision of Advisory Services to the Company, and (ii) Fox Paine may be entitled to a fee if the Redomestication constitutes a Change of Control (together, the “Payments”). Fox Paine hereby waives
any right to such Payments in connection with the Redomestication and confirms and acknowledges that no Payments will be owed or made to Fox Paine pursuant to the Management Agreement in connection with the Redomestication. 

Effective upon the later to occur of (a) the registration of the Scheme Sanction Order in the Companies Registration Office and
(b) the date of effectiveness of the Redomestication provided in the Scheme Sanction Order (the later to occur of (a) and (b), the “Closing”), (i) GBLI Cayman hereby assigns to New GBLI Parent, and New GBLI Parent
hereby assumes and accepts, the Management Agreement and all rights and obligations of GBLI Cayman thereunder and (ii) Fox Paine consents to such assignment and assumption. For the avoidance of doubt, the assignment and assumption of the
Management Agreement pursuant to this letter shall not be effective unless and until the occurrence of the Closing. 
 The matters covered
hereunder shall in no way prejudice the treatment of any future transactions under the Management Agreement, regardless of any apparent similarities between the Redomestication and any such future transactions. Other than with respect to the matters
covered hereunder, this letter does not otherwise affect the rights of Fox Paine or any other party under the Management Agreement and all rights of the parties under the Management Agreement shall continue in full force and effect. 

 FOX PAINE & COMPANY, LLC

  

			
	By:	 	 /s/ Saul A. Fox

	Name: Saul A. Fox
	Title: Chief Executive

 Agreed and Acknowledged: 
  

							
		 		 	GLOBAL INDEMNITY PLC 
				
		 		 	By:	 	 /s/ Thomas M. McGeehan

		 		 	Name: Thomas M. McGeehan
		 		 	Title: Chief Financial Officer
			
		 		 	GLOBAL INDEMNITY (CAYMAN) LIMITED
				
		 		 	By:	 	 /s/ Thomas M. McGeehan

		 		 	Name: Thomas M. McGeehan
		 		 	Title: Director
			
		 	      	 	GLOBAL INDEMNITY LIMITED
				
		 		 	By:	 	 /s/ Thomas M. McGeehan 

		 		 	Name: Thomas M. McGeehan
		 		 	Title: Chief Financial OfficerEX-10.4

 Exhibit 10.4 

REAFFIRMATION AGREEMENT 

November 7, 2016 
 Reference is made to
that certain Amended and Restated Management Agreement, dated as of October 31, 2013 (the “Amended and Restated Management Agreement”) by and between Global Indemnity (Cayman) Limited (“GBLI Cayman”)
and Fox Paine & Company, LLC, a Delaware limited liability company (“Fox Paine”), such agreement amending and restating the original Management Agreement, dated September 5, 2003 (the “Original Management
Agreement”). 
 Reference is made to that certain Guaranty (the “Guaranty”), executed by the undersigned
(“Guarantor”) in favor of Fox Paine to guaranty GBLI Cayman’s obligations under the Original Management Agreement. 
 Reference
is made to that certain Reaffirmation Agreement, executed October 31, 2013, wherein the Guarantor agreed and confirmed that all terms of the Guaranty continue to apply to the Amended and Restated Management Agreement. 

Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Guaranty. 

This reaffirmation agreement (this “Agreement”) is delivered in connection with the letter agreement dated November 7, 2016 from Fox Paine
regarding the assignment of the Amended and Restated Management Agreement from GBLI Cayman to Global Indemnity Limited (“New GBLI Parent”) and the assumption of the Amended and Restated Management Agreement by New GBLI Parent
(the “Letter Agreement”). The Letter Agreement is attached hereto as Exhibit A. 
 The undersigned Guarantor hereby consents to
the terms of the Letter Agreement and agrees that the terms of the Guaranty continue to apply to the Amended and Restated Management Agreement, all of which obligations and liabilities shall remain in full force and effect and each of which is
hereby reaffirmed and remain in full force and effect. The Guarantor further acknowledges and agrees that any payments, liabilities and obligations, however arising, owed by New GBLI Parent to Fox Paine of every kind and description (whether or
not evidenced by any note, instrument or agreement and whether or not for the payment of money), direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising pursuant to the terms of the Amended and Restated
Management Agreement and any costs of collection hereunder, including without limitation, attorneys’ and other professionals’ fees, shall be Obligations under the Guaranty. 

The undersigned Guarantor hereby confirms that no amendments to the Guaranty are intended hereby. 

(The remainder of the page has been intentionally left blank) 

 IN WITNESS WHEREOF, the undersigned has duly executed this Agreement as of the day and year first above written.

  

			
	GLOBAL INDEMNITY GROUP, INC.
		
	By:	 	 /s/ Thomas M. McGeehan

		 	Name: Thomas M. McGeehan
		 	Title: Chief Financial Officer

 [Signature Page to Reaffirmation Agreement]

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