Document:

Exhibit 10.21

                        MARSH & McLENNAN COMPANIES, INC.
--------------------------------------------------------------------------------
                  2000 EMPLOYEE INCENTIVE AND STOCK AWARD PLAN
--------------------------------------------------------------------------------

<PAGE>

                        MARSH & McLENNAN COMPANIES, INC.
--------------------------------------------------------------------------------
                  2000 EMPLOYEE INCENTIVE AND STOCK AWARD PLAN
--------------------------------------------------------------------------------

1.   Purposes ..............................................................   1

2.   Definitions ...........................................................   1

3.   Administration ........................................................   3

     (a)   Authority of the Committee ......................................   3
     (b)   Manner of Exercise of Committee Authority .......................   4
     (c)   Limitation of Liability .........................................   5

4.   Eligibility ...........................................................   5

5.   Stock Subject to the Plan; Adjustments ................................   5

     (a)   Shares Reserved .................................................   5
     (b)   Manner of Counting Shares .......................................   6
     (c)   Type of Shares Distributable ....................................   6
     (d)   Adjustments .....................................................   6

6.   Specific Terms of Awards ..............................................   6

     (a)   General .........................................................   6
     (b)   Options .........................................................   6
     (c)   SARs ............................................................   7
     (d)   Restricted Stock ................................................   7
     (e)   Deferred Stock Units ............................................   8
     (f)   Stock Bonuses and Stock Awards in Lieu of Cash Awards ...........   9
     (g)   Dividend Equivalents ............................................   9
     (h)   Other Stock-Based Awards ........................................   9
     (i)   Unit-Based Awards ...............................................   9

7.   Certain Provisions Applicable to Awards ...............................   9

     (a)   Stand-Alone, Additional, Tandem and Substitute Awards ...........   9
     (b)   Terms of Awards .................................................  10
     (c)   Form of Payment Under Awards ....................................  10
     (d)   Buyouts .........................................................  10
     (e)   Cancellation and Rescission of Awards ...........................  10
     (f)   Awards to Participants Outside the United States ................  10

8.   Performance Awards ....................................................  10

<PAGE>

                        MARSH & McLENNAN COMPANIES, INC.
--------------------------------------------------------------------------------
                  2000 EMPLOYEE INCENTIVE AND STOCK AWARD PLAN
--------------------------------------------------------------------------------

9.   Change in Control Provisions ..........................................  11

     (a)   Acceleration Upon Change in Control .............................  11
     (b)   "Change in Control" Defined .....................................  11
     (c)   "Change in Control Price" Defined ...............................  12
     (d)   Additional Payments .............................................  12
     (e)   Pooling of Interests ............................................  13

10.  General Provisions ....................................................  13
     (a)   Compliance with Legal and Exchange Requirements .................  13
     (b)   Nontransferability ..............................................  13
     (c)   No Right to Continued Employment ................................  14
     (d)   Taxes ...........................................................  14
     (e)   Changes to the Plan and Awards ..................................  14
     (f)   No Rights to Awards; No Stockholder Rights ......................  14
     (g)   Unfunded Status of Awards and Trusts ............................  14
     (h)   Nonexclusivity of the Plan ......................................  15
     (i)   No Fractional Shares ............................................  15
     (j)   Governing Law ...................................................  15
     (k)   Effective Date ..................................................  15
     (l)   Titles and Headings; Certain Terms ..............................  15

<PAGE>

                        MARSH & McLENNAN COMPANIES, INC.
--------------------------------------------------------------------------------
                  2000 EMPLOYEE INCENTIVE AND STOCK AWARD PLAN
--------------------------------------------------------------------------------

       1.     PURPOSES.  The purposes of the 2000  Employee  Incentive and Stock
Award Plan are to advance the interests of Marsh & McLennan Companies,  Inc. and
its stockholders by providing a means to attract, retain, and motivate employees
of the  Company and its  Subsidiaries  and  Affiliates,  and to  strengthen  the
mutuality of interest  between such  employees and the  Company's  stockholders.
This Plan shall be the  successor to the Marsh & McLennan  Companies,  Inc. 1997
Employee Incentive and Stock Award Plan.

       2.     DEFINITIONS.  For purposes of the Plan, the following  terms shall
be defined as set forth below:

       (a) "Affiliate" means any entity other than the Company and its
Subsidiaries that is designated by the Committee as a participating employer
under the Plan, provided that the Company directly or indirectly owns at least
20% of the combined voting power of all classes of voting stock of such entity
or at least 20% of the ownership interests in such entity.

       (b) "Award" means any Option, SAR, Restricted Stock, Deferred Stock Unit,
Stock Bonus or Stock Award in Lieu of Cash, Dividend Equivalent, Other
Stock-Based Award, or Unit-Based Award, including Performance Awards granted to
a Participant under the Plan.

       (c) "Award Agreement" means any written agreement, contract, or other
instrument or document evidencing an Award.

       (d) "Beneficiary" means the person, persons, trust or trusts which have
been designated by such Participant in his or her most recent written
beneficiary designation filed with the Company to receive the benefits specified
under this Plan upon the death of the Participant, or, if there is no designated
Beneficiary or surviving designated Beneficiary, then the person, persons, trust
or trusts entitled by will or the laws of descent and distribution to receive
such benefits.

       (e)    "Board" means the Board of Directors of the Company.

       (f) "Change in Control" means Change in Control as defined with related
terms in Section 9.

       (g) "Code" means the Internal Revenue Code of 1986, as amended from time
to time. References to any provision of the Code shall be deemed to include
successor provisions thereto and regulations thereunder.

       (h) "Committee" means the Compensation Committee of the Board, or such
other Board committee as may be designated by the Board to administer the Plan.
The Committee shall consist solely of two or more directors of the Company.

       (i)    "Company"  means Marsh & McLennan  Companies,  Inc., a corporation
organized under the laws of the State of Delaware, or any successor corporation.

<PAGE>

       (j) "Deferred Stock Unit" means an award, granted to a Participant under
Section 6(e), representing the right to receive either Stock or cash or any
combination thereof at the end of a specified deferral period.

       (k) "Dividend Equivalent" means a right, granted to a Participant under
Section 6(g), to receive cash, Stock, or other property equal in value to
dividends paid with respect to a specified number of shares of Stock or to
periodic distributions on other specified equity securities of the Company or
any Subsidiary or Affiliate. Dividend Equivalents may be awarded on a
free-standing basis or in connection with another Award and may be paid
currently or on a deferred basis.

       (l) "Exchange Act" means the Securities Exchange Act of 1934, as amended
from time to time. References to any provision of the Exchange Act shall be
deemed to include successor provisions thereto and regulations thereunder.

       (m) "Fair Market Value" means, with respect to Stock, Awards, or other
property, the fair market value of such Stock, Awards, or other property
determined by such methods or procedures as shall be established from time to
time by the Committee. Unless otherwise determined by the Committee in good
faith, the Fair Market Value of Stock as of any given date shall mean the per
share value of Stock as determined by using the mean between the high and low
selling prices of such Stock on the immediately preceding date (or, if the NYSE
was not open that day, the next preceding day that the NYSE was open for trading
and the Stock was traded) as reported for such date in the table titled
"NYSE--Composite Transactions," contained in The Wall Street Journal or an
equivalent successor table.

       (n) "Option" means a right, granted to a Participant under Section 6(b),
to purchase Stock. No Options will qualify as incentive stock options within the
meaning of Section 422 of the Code.

       (o) "Other Stock-Based Award" means a right, granted to a Participant
under Section 6(h), that is denominated or payable in, valued in whole or in
part by reference to, or otherwise based on, or related to, Stock or other
securities of the Company or any Subsidiary or Affiliate, including, without
limitation, rights convertible or exchangeable into Stock or such other
securities, purchase rights for Stock or such other securities, and Awards with
value or payment contingent upon performance of the Company, a Subsidiary, or
Affiliate, or upon any other factor or performance condition designated by the
Committee.

       (p) "Participant" means a person who, as an employee of the Company, a
Subsidiary or Affiliate, has been granted an Award under the Plan.

       (q) "Performance Award" means an Award of one of the types specified in
Section 6 the grant, exercise, or settlement of which is subject to achievement
of performance goals and other terms specified under Section 8.

       (r) "Plan" means this 2000 Employee Incentive and Stock Award Plan, as
amended from time to time.

       (s) "Preexisting Plan and Share Resolutions" mean the 1997 Employee
Incentive and Stock Award Plan and the resolutions adopted by the Board on
November 16, 1993 (superseding resolutions adopted on March 17, 1992), as
amended and supplemented by

                                     - 2 -

<PAGE>

resolutions adopted on March 16, 1995 and May 15, 1996, relating to the
authorization of two million (2,000,000) shares of Stock for deferred stock
units or other compensation purposes.

       (t) "Qualified Member" means a member of the Committee who is a
"Non-Employee Director" within the meaning of Rule 16b-3(b)(3).

       (u) "Restricted Stock" means an award of shares of Stock to a Participant
under Section 6(d) that may be subject to certain restrictions and to a risk of
forfeiture.

       (v) "Rule 16b-3" means Rule 16b-3, as from time to time in effect and
applicable to the Plan and Participants, promulgated by the Securities and
Exchange Commission under Section 16 of the Exchange Act.

       (w) "Stock" means the Common Stock, $1.00 par value per share, of the
Company or such other securities as may be substituted or resubstituted therefor
pursuant to Section 5.

       (x) "SAR" or "Stock Appreciation Right" means the right, granted to a
Participant under Section 6(c), to be paid an amount measured by the
appreciation in the Fair Market Value of Stock from the date of grant to the
date of exercise of the right, with payment to be made in cash, Stock, other
Awards, or other property as specified in the Award or determined by the
Committee.

       (y) "Subsidiary" means any corporation (other than the Company) in an
unbroken chain of corporations beginning with the Company if each of the
corporations (other than the last corporation in the unbroken chain) owns stock
possessing 50% or more of the total combined voting power of all classes of
stock in one of the other corporations in the chain.

       (z) "Unit-Based Award" means a unit, granted to a Participant under
Section 6(i), with value or payment contingent upon performance of the Company,
a Subsidiary, or Affiliate, or upon any other factor or performance condition
designated by the Committee.

       3.     ADMINISTRATION.

       (a) AUTHORITY OF THE COMMITTEE. The Plan shall be administered by the
Committee. The Committee shall have full and final authority to take the
following actions, in each case subject to and consistent with the provisions of
the Plan:

              (i)    to select Participants to whom Awards may be granted;

              (ii)   to designate Affiliates;

              (iii)  to  determine  the type or types of Awards to be granted to
       each Participant;

              (iv) to determine the type and number of Awards to be granted, the
       number of shares of Stock to which an Award may relate, the terms and
       conditions of any Award granted under the Plan (including any exercise
       price, grant price, or purchase price, any restriction or condition, any
       schedule for lapse of restrictions or conditions relating to
       transferability or forfeiture, exercisability, or settlement of an Award,
       and waivers or accelerations thereof, and waivers of performance
       conditions relating to an Award, based

                                     - 3 -

<PAGE>

       in each case on such  considerations  as the Committee shall  determine),
       and all other matters to be determined in connection with an Award;

              (v) to determine whether, to what extent, and under what
       circumstances an Award may be settled, or the exercise price of an Award
       may be paid, in cash, Stock, other Awards, or other property, or an Award
       may be canceled, forfeited, exchanged, or surrendered;

              (vi) to determine whether, to what extent, and under what
       circumstances cash, Stock, other Awards, or other property payable with
       respect to an Award will be deferred either automatically, at the
       election of the Committee, or at the election of the Participant, and
       whether to create trusts and deposit Stock or other property therein;

              (vii)  to prescribe the form of each Award  Agreement,  which need
       not be identical for each Participant;

              (viii) to adopt, amend, suspend, waive, and rescind such rules and
       regulations and appoint such agents as the Committee may deem necessary
       or advisable to administer the Plan;

              (ix) to correct any defect or supply any omission or reconcile any
       inconsistency in the Plan and to construe and interpret the Plan and any
       Award, rules and regulations, Award Agreement, or other instrument
       hereunder; and

              (x) to make all other decisions and determinations as may be
       required under the terms of the Plan or as the Committee may deem
       necessary or advisable for the administration of the Plan.

Other provisions of the Plan notwithstanding, the Board may perform any function
of the Committee under the Plan, including for the purpose of ensuring that
transactions under the Plan by Participants who are then subject to Section 16
of the Exchange Act in respect of the Company are exempt under Rule 16b-3. In
any case in which the Board is performing a function of the Committee under the
Plan, each reference to the Committee herein shall be deemed to refer to the
Board, except where the context otherwise requires.

       (b) MANNER OF EXERCISE OF COMMITTEE AUTHORITY. At any time that a member
of the Committee is not a Qualified Member, any action of the Committee relating
to an Award to be granted to a Participant who is then subject to Section 16 of
the Exchange Act in respect of the Company may be taken either (i) by a
subcommittee composed solely of two or more Qualified Members, or (ii) by the
Committee but with each such member who is not a Qualified Member abstaining or
recusing himself or herself from such action, provided that, upon such
abstention or recusal, the Committee remains composed solely of two or more
Qualified Members. Such action, authorized by such a subcommittee or by the
Committee upon the abstention or recusal of such non-Qualified Member(s), shall
be the action of the Committee for purposes of the Plan. Any action of the
Committee with respect to the Plan shall be final, conclusive, and binding on
all persons, including the Company, Subsidiaries, Affiliates, Participants, any
person claiming any rights under the Plan from or through any Participant, and
stockholders. The express grant of any specific power to the Committee, and the
taking of any action by the Committee, shall not be construed as limiting any
power or authority of the Committee. The Committee may delegate to officers or
managers of the Company or any Subsidiary or Affiliate the authority, subject to
such terms as the Committee shall determine, to perform administrative functions
and such

                                     - 4 -

<PAGE>

other functions as the Committee may determine, to the extent permitted under
applicable law and, with respect to any Participant who is then subject to
Section 16 of the Exchange Act in respect of the Company, to the extent
performance of such function will not result in a subsequent transaction failing
to be exempt under Rule 16b-3(d).

       (c) LIMITATION OF LIABILITY. Each member of the Committee shall be
entitled to, in good faith, rely or act upon any report or other information
furnished to him or her by any officer or other employee of the Company or any
Subsidiary or Affiliate, the Company's independent certified public accountants,
or other professional retained by the Company to assist in the administration of
the Plan. No member of the Committee, nor any officer or employee of the Company
acting on behalf of the Committee, shall be personally liable for any action,
determination, or interpretation taken or made in good faith with respect to the
Plan, and all members of the Committee and any officer or employee of the
Company acting on their behalf shall, to the fullest extent permitted by law, be
fully indemnified and protected by the Company with respect to any such action,
determination, or interpretation.

       4. ELIGIBILITY. Employees of the Company and Subsidiaries and Affiliates,
other than senior executives who are then eligible to be granted awards under
the 2000 Senior Executive Incentive and Stock Award Plan or any successor plan
thereto, are eligible to be granted Awards under the Plan. In addition, any
person who has been offered employment by the Company or a Subsidiary or
Affiliate is eligible to be granted Awards under the Plan, provided that such
prospective employee may not receive any payment or exercise any right relating
to an Award until such person has commenced employment with the Company or a
Subsidiary or Affiliate.

       5.     STOCK SUBJECT TO THE PLAN; ADJUSTMENTS.

       (a) SHARES RESERVED. Subject to adjustment as hereinafter provided, the
total number of shares of Stock reserved for issuance in connection with Awards
under the Plan shall be 40,000,000, plus the additional number of shares of
Stock specified in the succeeding sentence. There shall be added to the number
of shares of Stock reserved for issuance under this Section 5(a) the number of
shares authorized and reserved for awards under the Preexisting Plan and Share
Resolutions to the extent (A) that such shares were available for grants of
awards under the Preexisting Plan and Share Resolutions immediately prior to the
Effective Date or (B) that such shares were subject to outstanding awards under
the Preexisting Plan and Share Resolutions and thereafter an event occurs or
occurred (including expiration or forfeiture) which would result in such shares
again being available for Awards under the Plan (as determined pursuant to
Section 5(b)). No Award may be granted if the number of shares to which such
Award relates, when added to the number of shares previously issued under the
Plan and the number of shares to which other then-outstanding Awards relate,
exceeds the number of shares reserved under this Section 5(a). Shares of Stock
issued under the Plan shall be counted against this limit in the manner
specified in Section 5(b).

       (b) MANNER OF COUNTING SHARES. If any shares subject to an Award or award
pursuant to the Preexisting Plan and Share Resolutions are or were forfeited,
canceled, exchanged, or surrendered or such Award or award is or was settled in
cash or otherwise terminates or was terminated without a distribution of shares
to the Participant, including (i) the number of shares withheld in payment of
any exercise or purchase price of or tax obligation relating to such an Award or
award and (ii) the number of shares equal to the number surrendered in payment
of any exercise or purchase price of or tax obligation relating to any Award or
award, such number of shares will again be available for Awards under the Plan.
The Committee may make

                                     - 5 -

<PAGE>

determinations and adopt regulations for the counting of shares relating to any
Award to ensure appropriate counting, avoid double counting (in the case of
tandem or substitute awards), and provide for adjustments in any case in which
the number of shares actually distributed differs from the number of shares
previously counted in connection with such Award.

       (c) TYPE OF SHARES DISTRIBUTABLE. Any shares of Stock distributed
pursuant to an Award may consist, in whole or in part, of authorized and
unissued shares or treasury shares, including shares acquired by purchase in the
open market or in private transactions.

       (d) ADJUSTMENTS. In the event that any large, special and non-recurring
dividend or other distribution (whether in the form of cash or property other
than Stock), recapitalization, forward or reverse split, Stock dividend,
reorganization, merger, consolidation, spin-off, combination, repurchase, share
exchange, liquidation, dissolution or other similar corporate transaction or
event affects the Stock such that an adjustment is determined by the Committee
to be appropriate under the Plan, then the Committee shall, in such manner as it
may deem equitable, adjust any or all of (i) the number and kind of shares of
Stock which may thereafter be issued in connection with Awards, (ii) the number
and kind of shares of Stock issued or issuable in respect of outstanding Awards
or, if deemed appropriate, make provisions for payment of cash or other property
with respect to any outstanding Award, and (iii) the exercise price, grant
price, or purchase price relating to any Award.

       6.     SPECIFIC TERMS OF AWARDS.

       (a) GENERAL. Awards may be granted on the terms and conditions set forth
in this Section 6. In addition, the Committee may impose on any Award or the
exercise thereof, at the date of grant or thereafter (subject to Section 10(e)),
such additional terms and conditions, not inconsistent with the provisions of
the Plan, as the Committee shall determine, including terms regarding forfeiture
of Awards or continued exercisability of Awards in the event of termination of
employment by the Participant.

       (b)    OPTIONS.   The   Committee  is  authorized  to  grant  Options  to
participants on the following terms and conditions:

              (i) Exercise Price. The exercise price per share of Stock
       purchasable under an Option shall be determined by the Committee;
       provided, however, that, except as provided in Section 7(a), such
       exercise price shall be not less than the Fair Market Value of a share on
       the date of grant of such Option, and in no event shall the exercise
       price for the purchase of shares be less than par value.

              (ii) Time and Method of Exercise. The Committee shall determine at
       the date of grant or thereafter the time or times at which an Option may
       be exercised in whole or in part, the methods by which such exercise
       price may be paid or deemed to be paid, the form of such payment,
       including cash, Stock, other Awards, shares or units valued by reference
       to shares issued under any other plan of the Company or a Subsidiary or
       Affiliate (including shares or units subject to restrictions, so long as
       an equal number of shares issued upon exercise of the Option are subject
       to substantially similar restrictions), or notes or other property, and
       the methods by which Stock will be delivered or deemed to be delivered to
       Participants (including deferral of delivery of shares under a deferral
       arrangement).

                                     - 6 -

<PAGE>

       (c)    SARS. The Committee is authorized to grant SARs to Participants on
the following terms and conditions:

              (i) Right to Payment. An SAR shall confer on the Participant to
       whom it is granted a right to receive with respect to each share subject
       thereto, upon exercise thereof, the excess of (1) the Fair Market Value
       of one share of Stock on the date of exercise (or, if the Committee shall
       so determine in the case of any such right, the Fair Market Value of one
       share at any time during a specified period before or after the date of
       exercise, or the Change in Control Price as defined in Section 9(c)) over
       (2) the grant price of the SAR as of the date of grant of the SAR, which
       shall be not less than the Fair Market Value of one share of Stock on the
       date of grant of such SAR (or, in the case of an SAR granted in tandem
       with an Option, shall be equal to the exercise price of the underlying
       Option).

              (ii) Other Terms. The Committee shall determine, at the time of
       grant or thereafter, the time or times at which an SAR may be exercised
       in whole or in part, the method of exercise, method of settlement, form
       of consideration payable in settlement, method by which Stock will be
       delivered or deemed to be delivered to Participants, whether or not an
       SAR shall be in tandem with any other Award, and any other terms and
       conditions of any SAR. An SAR granted in tandem with an Option may be
       granted at the time of grant of the related Option or at any time
       thereafter.

       (d)    RESTRICTED  STOCK. The Committee is authorized to grant Restricted
Stock to Participants on the following terms and conditions:

              (i) Issuance and Restrictions. Restricted Stock shall be subject
       to such restrictions on transferability and other restrictions, if any,
       as the Committee may impose at the date of grant or thereafter, which
       restrictions may lapse separately or in combination at such times, under
       such circumstances, in such installments, or otherwise, as the Committee
       may determine. Except to the extent restricted under the Award Agreement
       relating to the Restricted Stock, a Participant granted Restricted Stock
       shall have all of the rights of a stockholder including the right to vote
       Restricted Stock and the right to receive dividends thereon.

              (ii) Forfeiture. Upon termination of employment (as determined by
       the Committee) during the applicable restriction period, Restricted
       Stock, and any accrued but unpaid dividends or Dividend Equivalents, that
       is or are then subject to a risk of forfeiture shall be forfeited;
       provided, however, that the Committee may provide, by rule or regulation
       or in any Award Agreement, or may determine in any individual case, that
       restrictions or forfeiture conditions relating to Restricted Stock and
       any accrued but unpaid dividends or Dividend Equivalents will be waived
       in whole or in part in the event of terminations resulting from specified
       causes, and the Committee may in other cases waive in whole or in part
       the forfeiture of Restricted Stock and any accrued but unpaid dividends
       or Dividend Equivalents.

              (iii) Certificates for Stock. Restricted Stock granted under the
       Plan may be evidenced in such manner as the Committee shall determine. If
       certificates representing Restricted Stock are registered in the name of
       the Participant, such certificates shall bear an appropriate legend
       referring to the terms, conditions, and restrictions applicable to such
       Restricted Stock, the Company shall retain physical possession of the
       certificate,

                                     - 7 -

<PAGE>

       and the Company may require the Participant to deliver a stock power,
       endorsed in blank, relating to the Restricted Stock.

              (iv) Dividends. Dividends paid on Restricted Stock shall be either
       paid at the dividend payment date in cash or in shares of unrestricted
       Stock having a Fair Market Value equal to the amount of such dividends,
       or the payment of such dividends shall be deferred or the amount or value
       thereof automatically reinvested in additional Restricted Stock, Deferred
       Stock Units, other Awards, or other investment vehicles, as the Committee
       shall determine or permit the Participant to elect. Stock distributed in
       connection with a Stock split or Stock dividend, and other property
       distributed as a dividend, shall be subject to restrictions and a risk of
       forfeiture to the same extent as the Restricted Stock with respect to
       which such Stock or other property has been distributed.

       (e)    DEFERRED  STOCK  UNITS.  The  Committee  is  authorized  to  grant
Deferred  Stock  Units to  Participants,  subject  to the  following  terms  and
conditions:

              (i) Award and Restrictions. Delivery of Stock or cash, as the case
       may be, will occur upon expiration of the deferral period specified for
       Deferred Stock Units by the Committee (or, if permitted by the Committee,
       as elected by the Participant). In addition, Deferred Stock Units shall
       be subject to such restrictions as the Committee may impose, if any, at
       the date of grant or thereafter, which restrictions may lapse at the
       expiration of the deferral period or at earlier or later specified times,
       separately or in combination, in installments or otherwise, as the
       Committee may determine.

              (ii) Forfeiture. Upon termination of employment (as determined by
       the Committee) during the applicable deferral period or portion thereof
       to which forfeiture conditions apply (as provided in the Award Agreement
       evidencing the Deferred Stock Units), or upon failure to satisfy any
       other conditions precedent to the delivery of Stock or cash to which such
       Deferred Stock Units relate, all Deferred Stock Units, and any accrued
       but unpaid Dividend Equivalents, that are at that time subject to a risk
       of forfeiture shall be forfeited; provided, however, that the Committee
       may provide, by rule or regulation or in any Award Agreement, or may
       determine in any individual case, that restrictions or forfeiture
       conditions relating to Deferred Stock Units and any accrued but unpaid
       Dividend Equivalents will be waived in whole or in part in the event of
       termination resulting from specified causes, and the Committee may in
       other cases waive in whole or in part the forfeiture of Deferred Stock
       Units and any accrued but unpaid Dividend Equivalents.

       (f) STOCK BONUSES AND STOCK AWARDS IN LIEU OF CASH AWARDS. The Committee
is authorized to grant Stock as a bonus, or to grant other Awards, in lieu of
Company commitments to pay cash under other plans or compensatory arrangements.
Stock or Awards granted hereunder shall have such other terms as shall be
determined by the Committee.

       (g) DIVIDEND EQUIVALENTS. The Committee is authorized to grant Dividend
Equivalents to Participants. The Committee may provide, at the date of grant or
thereafter, that Dividend Equivalents shall be paid or distributed when accrued
or shall be deemed to have been reinvested in additional Stock, or other
investment vehicles as the Committee may specify.

       (h)    OTHER STOCK-BASED AWARDS. The Committee is authorized,  subject to
limitations  under  applicable law, to grant to Participants  Other  Stock-Based
Awards that are deemed by the  Committee to be  consistent  with the purposes of
the Plan. The Committee shall determine the

                                     - 8 -

<PAGE>

terms and conditions of such Awards at the date of grant or thereafter. Stock or
other securities or property delivered pursuant to an Award in the nature of a
purchase right granted under this Section 6(h) shall be purchased for such
consideration, paid for at such times, by such methods, and in such forms,
including, without limitation, cash, Stock, other Awards, notes or other
property, as the Committee shall determine, subject to any required corporate
action.

       (i) UNIT-BASED AWARDS. The Committee is authorized to grant to
Participants Unit-Based Awards that are deemed by the Committee to be consistent
with the purposes of the Plan. Such Awards may be paid or settled in cash,
Stock, other Awards or property.

       7.     CERTAIN PROVISIONS APPLICABLE TO AWARDS.

       (a) STAND-ALONE, ADDITIONAL, TANDEM AND SUBSTITUTE AWARDS. Awards granted
under the Plan may, in the discretion of the Committee, be granted either alone
or in addition to, in tandem with, or in exchange or substitution for, any other
Award granted under the Plan or any award granted under any other plan of the
Company, any Subsidiary or Affiliate, or any business entity to be acquired by
the Company or a Subsidiary or Affiliate, or any other right of a Participant to
receive payment from the Company or any Subsidiary or Affiliate. Awards may be
granted in addition to or in tandem with such other Awards or awards may be
granted either as of the same time as or a different time from the grant of such
other Awards or awards. The per share exercise price of any Option, grant price
of any SAR, or purchase price of any other Award conferring a right to purchase
Stock which is granted, in connection with the substitution of awards granted
under any other plan of the Company or any Subsidiary or Affiliate or any
business entity to be acquired by the Company or any Subsidiary or Affiliate,
shall be determined by the Committee, in its discretion, and may, to the extent
the Committee determines necessary in order to preserve the value of such other
award, be less than the Fair Market Value of a share on the date of grant of
such substitute Award.

       (b)    TERMS OF AWARDS.  The term of each Award  shall be for such period
as may be determined by the Committee.

       (c) FORM OF PAYMENT UNDER AWARDS. Subject to the terms of the Plan and
any applicable Award Agreement, payments to be made by the Company or a
Subsidiary or Affiliate upon the grant, maturation, or exercise of an Award may
be made in such forms as the Committee shall determine at the date of grant or
thereafter, including, without limitation, cash, Stock, or other property, and
may be made in a single payment or transfer, in installments, or on a deferred
basis. The Committee may make rules relating to installment or deferred payments
with respect to Awards, including the rate of interest to be credited with
respect to such payments.

       (d) BUYOUTS. The Committee may at any time offer to buy out any
outstanding Award for a payment in cash, Stock, other Awards (subject to Section
7(a)), or other property based on such terms and conditions as the Committee
shall determine.

       (e) CANCELLATION AND RESCISSION OF AWARDS. The Committee may provide in
any Award Agreement that, in the event a Participant violates a term of the
Award Agreement or other agreement with or policy of the Company or a Subsidiary
or Affiliate, takes or omits to take actions that are deemed to be in
competition with the Company or its Subsidiaries or Affiliates, an unauthorized
solicitation of customers, suppliers, or employees of the Company or its
Subsidiaries or Affiliates, or an unauthorized disclosure or misuse of
proprietary or confidential information of the Company or its Subsidiaries or
Affiliates, or takes or omits to take any other

                                     - 9 -

<PAGE>

action as may be specified in the Award Agreement, the Participant shall be
subject to forfeiture of such Award or portion, if any, of the Award as may then
remain outstanding and also to forfeiture of any amounts of cash, Stock, other
Awards, or other property received by the Participant upon exercise or
settlement of such Award or in connection with such Award during such period (as
the Committee may provide in the Award Agreement) prior to the occurrence which
gives rise to the forfeiture.

       (f) AWARDS TO PARTICIPANTS OUTSIDE THE UNITED STATES. The Committee may
modify the terms of any Award under the Plan granted to a Participant who is, at
the time of grant or during the term of the Award, resident or primarily
employed outside of the United States in any manner deemed by the Committee to
be necessary or appropriate in order that such Award shall conform to laws,
regulations, and customs of the country in which the Participant is then
resident or primarily employed, or so that the value and other benefits of the
Award to the Participant, as affected by foreign tax laws and other restrictions
applicable as a result of the Participant's residence or employment abroad,
shall be comparable to the value of such an Award to a Participant who is
resident or primarily employed in the United States. An Award may be modified
under this Section 7(f) in a manner that is inconsistent with the express terms
of the Plan, so long as such modifications will not contravene any applicable
law or regulation.

       8. PERFORMANCE AWARDS. The right of a Participant to exercise or receive
a grant or settlement of any Award, and the timing thereof, may be subject to
such performance conditions as may be specified by the Committee. The Committee
may use such business criteria and other measures of performance as it may deem
appropriate in establishing any performance conditions, and may exercise its
discretion to reduce or increase the amounts payable under any Award subject to
performance conditions. Achievement of performance goals in respect of such
Performance Awards shall be measured over a performance period specified by the
Committee. Settlement of such Performance Awards shall be in cash, Stock, other
Awards, or other property, in the discretion of the Committee. The Committee
shall specify the circumstances in which such Performance Awards shall be
forfeited in the event of termination of employment by the Participant prior to
the end of a performance period or settlement of Performance Awards, and other
terms relating to such Performance Awards in accordance with Section 6 and this
Section 8.

       9.     CHANGE IN CONTROL PROVISIONS.

       (a)    ACCELERATION UPON CHANGE IN CONTROL. Except as provided in Section
9(e) or in an Award Agreement, in the event of a "Change in Control," as defined
in this Section:

              (i)    any  Award  carrying  a  right  to  exercise  that  was not
       previously  exercisable  and vested shall become  fully  exercisable  and
       vested; and

              (ii) the restrictions, deferral limitations, and forfeiture
       conditions applicable to any other Award granted under the Plan shall
       lapse, such Awards shall be deemed fully vested, any performance
       conditions imposed with respect to Awards shall be deemed to be fully
       achieved, and payment of such Awards shall be made in accordance with the
       terms of the Award Agreements.

       (b)    "CHANGE IN CONTROL"  DEFINED.  For purposes of the Plan, a "Change
in Control" shall have occurred if:

                                     - 10 -

<PAGE>

              (i) any "person," as such term is used in Sections 13(d) and 14(d)
       of the Exchange Act (other than the Company, any trustee or other
       fiduciary holding securities under an employee benefit plan of the
       Company or any corporation owned, directly or indirectly, by the
       stockholders of the Company in substantially the same proportions as
       their ownership of stock of the Company), is or becomes the "beneficial
       owner" (as defined in Rule 13d-3 under the Exchange Act), directly or
       indirectly, of securities of the Company representing 50% or more of the
       combined voting power of the Company's then outstanding voting
       securities;

              (ii) during any period of two consecutive years, individuals who
       at the beginning of such period constitute the Board, and any new
       director (other than a director designated by a person who has entered
       into an agreement with the Company to effect a transaction described in
       clause (i), (iii), or (iv) of this Section 9(b)) whose election by the
       Board or nomination for election by the Company's stockholders was
       approved by a vote of at least two-thirds (2/3) of the directors then
       still in office who either were directors at the beginning of the period
       or whose election or nomination for election was previously so approved,
       cease for any reason to constitute at least a majority thereof;

              (iii) the stockholders of the Company approve a merger or
       consolidation of the Company with any other corporation, other than (A) a
       merger or consolidation which would result in the voting securities of
       the Company outstanding immediately prior thereto continuing to represent
       (either by remaining outstanding or by being converted into voting
       securities of the surviving or parent entity) 50% or more of the combined
       voting power of the voting securities of the Company or such surviving or
       parent entity outstanding immediately after such merger or consolidation
       or (B) a merger or consolidation effected to implement a recapitalization
       of the Company (or similar transaction) in which no "person" (as
       hereinabove defined) acquired 50% or more of the combined voting power of
       the Company's then outstanding securities; or

              (iv) the stockholders of the Company approve a plan of complete
       liquidation of the Company or an agreement for the sale or disposition by
       the Company of all or substantially all of the Company's assets (or any
       transaction having a similar effect).

       (c) "CHANGE IN CONTROL PRICE" DEFINED. For purposes of the Plan, "Change
in Control Price" means the higher of (i) the highest price per share paid in
any transaction constituting a Change in Control or (ii) the highest Fair Market
Value per share at any time during the 60-day period preceding or following a
Change in Control.

       (d) ADDITIONAL PAYMENTS. If any payment attributable to any Award under
the Plan or to any award under the Preexisting Plan and Share Resolutions (the
"Payments") will be subject to the tax (the "Excise Tax") imposed by Section
4999 of the Code (or any similar tax that may hereafter be imposed), the Company
shall pay at the time specified below an additional amount (the "Gross-Up
Payment") such that the net amount retained by a Participant after deduction of
any Excise Tax on such Payments and any federal, state and local income and
employment tax and Excise Tax upon the payment provided for by this Section,
shall be equal to the Payments. For purposes of determining whether any of the
Payments will be subject to the Excise Tax and the amount of such Excise Tax,
(i) all payments or benefits received or to be received by a Participant in
connection with a Change in Control of the Company or the Participant's
termination of employment with the Company, a parent corporation thereof, a
Subsidiary or Affiliate (pursuant to the Plan or any other plan, agreement or
arrangement of the Company, its Subsidiaries or Affiliates) shall be treated as
"parachute payments" within the meaning of

                                     - 11 -

<PAGE>

Section 280G(b)(2) of the Code, and all "excess parachute payments" within the
meaning of Section 280G(b)(1) shall be treated as subject to the Excise Tax,
unless in the opinion of tax counsel selected by the Company's independent
auditors and acceptable to the Participant such payments or benefits (in whole
or in part) do not constitute parachute payments, or such excess parachute
payments (in whole or in part) represent reasonable compensation for services
actually rendered within the meaning of Section 280G(b)(4) of the Code in excess
of the base amount within the meaning of Section 280G(b)(3) of the Code, or are
otherwise not subject to the Excise Tax; (ii) the amount of the Payments which
shall be treated as subject to the Excise Tax shall be equal to the lesser of
(1) the total amount of the Payments or (2) the amount of excess parachute
payments within the meaning of Section 280G(b)(1) (after applying clause (i)
above); and (iii) the value of any non-cash benefits or any deferred payment or
benefit shall be determined by the Company's independent auditors in accordance
with the principles of Sections 280G(d)(3) and (4) of the Code. For purposes of
determining the amount of the Gross-Up Payment, the Participant shall be deemed
to pay federal income taxes at the highest marginal rate of federal income
taxation in the calendar year in which the Gross-Up Payment is to be made and
state and local income taxes at the highest marginal rate of taxation in the
state and locality of the Participant's residence on the date such Gross-Up
Payment is made, net of the maximum reduction in federal income taxes which
could be obtained from deduction of such state and local taxes. In the event
that the Excise Tax is subsequently determined to be less than the amount taken
into account hereunder at the time of the Gross-Up Payment, the Participant
shall repay to the Company at the time that the amount of such reduction in
Excise Tax is finally determined, the portion of the Gross-Up Payment
attributable to such reduction (plus the portion of the Gross-Up Payment
attributable to the Excise Tax and federal and state and local income tax
imposed on the Gross-Up Payment being repaid by the Participant if such
repayment results in a reduction in Excise Tax and/or a federal and state and
local income tax deduction) plus interest on the amount of such repayment at the
rate provided in Section 1274(b)(2)(B) of the Code. In the event that the Excise
Tax is determined to exceed the amount taken into account hereunder at the time
of the Gross-Up Payment (including by reason of any payment the existence or
amount of which cannot be determined at the time of the Gross-Up Payment), the
Company shall make an additional Gross-Up Payment in respect of such excess
(plus any interest payable with respect to such excess) at the time that the
amount of such excess is finally determined. Any Gross-Up Payment to be made to
the Participant under this paragraph shall be payable within thirty (30) days of
the date of the Change in Control.

       (e) POOLING OF INTERESTS. Notwithstanding the provisions of this Section
9, in the event that consummation of a Change in Control is contingent on the
ability to account for such Change in Control under "pooling of interests"
accounting methodology, the provisions of Sections 9(a) and 9(d) hereof shall
not be implemented to the extent such implementation would prevent the Change in
Control transaction from being accounted for in such manner. In such event, the
Committee may in its discretion take such action as it deems appropriate,
without precluding the Change in Control transaction from being so accounted
for, to enable holders of Awards to realize substantially similar economic
results as would have been realized through application of Sections 9(a) and
9(d) hereof.

       10.    GENERAL PROVISIONS.

       (a) COMPLIANCE WITH LEGAL AND EXCHANGE REQUIREMENTS. The Plan, the
granting and exercising of Awards thereunder, and the other obligations of the
Company under the Plan and any Award Agreement, shall be subject to all
applicable federal and state laws, rules and regulations, and to such approvals
by any regulatory or governmental agency as may be required. The Company, in its
discretion, may postpone the issuance or delivery of Stock under

                                     - 12 -

<PAGE>

any Award until completion of such stock exchange listing or registration or
qualification of such Stock or other required action under any state, federal or
foreign law, rule or regulation as the Company may consider appropriate, and may
require any Participant to make such representations and furnish such
information as it may consider appropriate in connection with the issuance or
delivery of Stock in compliance with applicable laws, rules and regulations.

       (b) NONTRANSFERABILITY. Except as otherwise provided in this Section
10(b), Awards shall not be transferable by a Participant other than by will or
the laws of descent and distribution or pursuant to a designation of a
Beneficiary, and Awards shall be exercisable during the lifetime of a
Participant only by such Participant or his guardian or legal representative. In
addition, except as otherwise provided in this Section 10(b), no rights under
the Plan may be pledged, mortgaged, hypothecated, or otherwise encumbered, or
subject to the claims of creditors. The foregoing notwithstanding, the Committee
may, in its sole discretion, provide that Awards (or rights or interests
therein) shall be transferable, including permitting transfers, without
consideration, to a Participant's immediate family members (i.e., spouse,
children, grandchildren, or siblings, as well as the Participant), to trusts for
the benefit of such immediate family members, and to partnerships in which such
family members are the only parties, or other transfers deemed by the Committee
to be not inconsistent with the purposes of the Plan.

       (c) NO RIGHT TO CONTINUED EMPLOYMENT. Neither the Plan nor any action
taken thereunder shall be construed as giving any employee the right to be
retained in the employ of the Company or any of its Subsidiaries or Affiliates,
nor shall it interfere in any way with the right of the Company or any of its
Subsidiaries or Affiliates to terminate any employee's employment at any time.

       (d) TAXES. The Company or any Subsidiary or Affiliate is authorized to
withhold from any Award granted, any payment relating to an Award under the
Plan, including from a distribution of Stock, or any payroll or other payment to
a Participant, amounts of withholding and other taxes due in connection with any
transaction involving an Award, and to take such other action as the Committee
may deem advisable to enable the Company and Participants to satisfy obligations
for the payment of withholding taxes and other tax obligations relating to any
Award. This authority shall include authority to withhold or receive Stock or
other property and to make cash payments in respect thereof in satisfaction of a
Participant's tax obligations. Other provisions of the Plan notwithstanding,
only the minimum amount of Stock deliverable in connection with an Award
necessary to satisfy statutory withholding requirements will be withheld.

       (e) CHANGES TO THE PLAN AND AWARDS. The Board may amend, alter, suspend,
discontinue, or terminate the Plan or the Committee's authority to grant Awards
under the Plan; provided, however, that, without the consent of an affected
Participant, no amendment, alteration, suspension, discontinuation, or
termination of the Plan may materially adversely affect the rights of such
Participant under any Award theretofore granted to him or her. The Committee may
waive any conditions or rights under, or amend, alter, suspend, discontinue, or
terminate any Award theretofore granted and any Award Agreement relating
thereto; provided, however, that, without the consent of an affected
Participant, no such amendment, alteration, suspension, discontinuation, or
termination of any Award may materially adversely affect the rights of such
Participant under such Award. Following the occurrence of a Change in Control,
the Board may not terminate this Plan or amend this Plan with respect to Awards
that have already been granted in any manner adverse to employees.

                                     - 13 -

<PAGE>

       (f) NO RIGHTS TO AWARDS; NO STOCKHOLDER RIGHTS. No Participant or
employee shall have any claim to be granted any Award under the Plan, and there
is no obligation for uniformity of treatment of Participants and employees. No
Award shall confer on any Participant any of the rights of a stockholder of the
Company unless and until Stock is duly issued or transferred to the Participant
in accordance with the terms of the Award.

       (g) UNFUNDED STATUS OF AWARDS AND TRUSTS. The Plan is intended to
constitute an "unfunded" plan for incentive and deferred compensation. With
respect to any payments not yet made to a Participant pursuant to an Award,
nothing contained in the Plan or any Award shall give any such Participant any
rights that are greater than those of a general creditor of the Company;
provided, however, that the Committee may authorize the creation of trusts or
make other arrangements to meet the Company's obligations under the Plan to
deliver cash, Stock, other Awards, or other property pursuant to any Award,
which trusts or other arrangements shall be consistent with the "unfunded"
status of the Plan unless the Committee otherwise determines. If and to the
extent authorized by the Committee, the Company may deposit into such a trust
Stock or other assets for delivery to the Participant in satisfaction of the
Company's obligations under any Award. If so provided by the Committee, upon
such a deposit of Stock or other assets for the benefit of a Participant, there
shall be substituted for the rights of the Participant to receive delivery of
Stock and other payments under this Plan a right to receive the assets of the
trust (to the extent that the deposited Stock or other assets represented the
full amount of the Company's obligation under the Award at the date of deposit).
The trustee of the trust may be authorized to dispose of trust assets and
reinvest the proceeds in alternative investments, subject to such terms and
conditions as the Committee may specify and in accordance with applicable law.

       (h) NONEXCLUSIVITY OF THE PLAN. The adoption of the Plan by the Board
shall not be construed as creating any limitations on the power of the Board to
adopt such other incentive arrangements as it may deem desirable, including the
granting of stock options and other awards otherwise than under the Plan, and
such arrangements may be either applicable generally or only in specific cases.

       (i) NO FRACTIONAL SHARES. No fractional shares of Stock shall be issued
or delivered pursuant to the Plan or any Award. The Committee shall determine
whether cash, other Awards, or other property shall be issued or paid in lieu of
such fractional shares or whether such fractional shares or any rights thereto
shall be forfeited or otherwise eliminated.

       (j) GOVERNING LAW. The validity, construction, and effect of the Plan,
any rules and regulations relating to the Plan, and any Award Agreement shall be
determined in accordance with the laws of the state of Delaware, without giving
effect to principles of conflicts of laws, and applicable federal law.

       (k)    EFFECTIVE  DATE. The Plan shall become  effective upon approval by
the Board of Directors (the "Effective Date").

       (l) TITLES AND HEADINGS; CERTAIN TERMS. The titles and headings of the
sections in the Plan are for convenience of reference only. In the event of any
conflict, the text of the Plan, rather than such titles or headings, shall
control. The term "including," when used in the Plan, means in each case
"including without limitation."

                                     - 14 -Exhibit 10.22

                     MARSH & MCLENNAN AFFILIATED FUND, L.P.

                 (a Cayman Islands Exempted Limited Partnership)

                              AMENDED AND RESTATED
                          LIMITED PARTNERSHIP AGREEMENT

                                October 12, 1999

<PAGE>

                                TABLE OF CONTENTS

 SECTION                                                                    PAGE

ARTICLE I           ORGANIZATION, ETC..........................................1
   1.1      Amendment and Restatement of the Initial Agreement.................1
   1.2      Name and Offices...................................................2
   1.3      Purposes...........................................................2
   1.4      Term...............................................................2
   1.5      Fiscal Year........................................................3
   1.6      Partnership Powers.................................................3
   1.7      Expenses...........................................................4

ARTICLE II        THE GENERAL PARTNER..........................................4
   2.1      Management.........................................................4
   2.2      Limitations on the General Partner.................................5
   2.3      Reliance by Third Parties..........................................5
   2.4      Liability of the General Partner and Other Covered Persons.........5
   2.5      Transfer or Withdrawal by the General Partner......................6
   2.6      Conflicts of Interest. (a)  Potential Conflicts of Interest........7

ARTICLE III       THE LIMITED PARTNERS.........................................7
   3.1      No Participation in Management, etc................................7
   3.2      Limitation of Liability............................................8
   3.3      No Priority, etc...................................................8

ARTICLE IV        INVESTMENTS..................................................8
   4.1      Trident Investment.................................................8
   4.2      Temporary Investments..............................................8

ARTICLE V         CAPITAL CONTRIBUTIONS; CAPITAL COMMITMENTS...................9
   5.1      Capital Contributions and Capital Commitments of the Partners......9
   5.2      Defaulting Limited Partner........................................10
   5.3      Excused Investments...............................................11

ARTICLE VI        CAPITAL ACCOUNTS; DISTRIBUTIONS; ALLOCATIONS; WITHHOLDING...11
   6.1      Capital Accounts..................................................11
   6.2      Adjustments to Capital Accounts...................................11
   6.3      Distributions of Distributable Cash...............................12
   6.4      Distributions of Securities.......................................12
   6.5      Negative Capital Accounts.........................................13
   6.6      No Withdrawal of Capital..........................................13

                                        i
<PAGE>

   6.7      Allocations.......................................................13
   6.8      Tax Matters.......................................................13
   6.9      Withholding Taxes.................................................14

ARTICLE VII       BANKING; CUSTODY OF SECURITIES; BOOKS AND RECORDS...........15
   7.1      Banking; Custody of Securities....................................15
   7.2      Maintenance of Books and Records; Accounts and
            Accounting Method.................................................15
   7.3      Partnership Tax Returns...........................................16

ARTICLE VIII        REPORTS TO PARTNERS.......................................16
   8.1      Independent Auditors..............................................16
   8.2      United States Federal Income Tax Information......................16
   8.3      Reports to Partners...............................................16

ARTICLE IX        INDEMNIFICATION.............................................16
   9.1      Indemnification of General Partner, etc...........................16
   9.2      Expenses, etc.....................................................18
   9.3      Notices of Claims, etc............................................18
   9.4      No Waiver.........................................................19
   9.5      Indemnification of Covered Persons, etc...........................19
   9.6      Return of Distributions...........................................19

ARTICLE X         TRANSFER OF LIMITED PARTNER INTERESTS;
                  WITHDRAWAL OF LIMITED PARTNERS..............................19
   10.1     Admission, Substitution and Withdrawal of Limited Partners;
            Transfer; Transfer in the Event of Death, Incapacity, etc.........19
   10.2     Additional Limited Partners.......................................22

ARTICLE XI        BANKRUPTCY, DISSOLUTION, ETC. OF PARTNERS...................25
   11.1     Bankruptcy or Dissolution of the General Partner..................25
   11.2     Bankruptcy, Dissolution or Withdrawal of a Limited Partner........26

ARTICLE XII       DISSOLUTION AND TERMINATION OF PARTNERSHIP..................26
   12.1     Dissolution Events................................................26
   12.2     Distribution Upon Dissolution.....................................27
   12.3     Distributions in Cash or in Kind..................................27
   12.4     Time for Liquidation, etc.........................................28
   12.5     General Partner Not Liable for Return of Capital Contributions....28
   12.6     Reorganization of the Partnership.................................28

ARTICLE XIII      DEFINITIONS.................................................30
   13.1     Definitions.......................................................30

                                       ii
<PAGE>

ARTICLE XIV       AMENDMENTS; POWER OF ATTORNEY...............................36
   14.1     Amendments........................................................36
   14.2     Power of Attorney.................................................37
   14.3     Further Actions of the General Partner............................39
   14.4     Further Actions of the Limited Partners...........................39

ARTICLE XV        MISCELLANEOUS...............................................39
   15.1     Notices...........................................................39
   15.2     Counterparts......................................................40
   15.3     Table of Contents and Headings....................................40
   15.4     Successors and Assigns............................................40
   15.5     Severability......................................................40
   15.6     Non-Waiver........................................................40
   15.7     Applicable Law (Submission to Jurisdiction).......................40
   15.8     Confidentiality...................................................41
   15.9     Survival of Certain Provisions....................................41
   15.10    Waiver of Partition...............................................41
   15.11    Currency..........................................................41
   15.12    Entire Agreement..................................................42

                                      iii

<PAGE>

       This Amended and Restated Limited Partnership Agreement (as from time to
time amended, supplemented or restated, this "AGREEMENT") of MARSH & McLENNAN
AFFILIATED FUND, L.P., a Cayman Islands exempted limited partnership (the
"PARTNERSHIP"), is made and entered into on October 12, 1999 for the purpose of
amending and restating the Limited Partnership Agreement of the Partnership,
dated July 30, 1999 (the "INITIAL AGREEMENT"). Certain capitalized terms used
herein without definition have the meanings specified in Section 14.1.

                                   ARTICLE I

                               ORGANIZATION, ETC.

       1.1    AMENDMENT AND RESTATEMENT OF THE INITIAL AGREEMENT. (a) GENERAL.
The General Partner, the Initial Limited Partner, and the Persons listed in the
Partner Register as limited partners of the Partnership (in their capacities as
limited partners of the Partnership, the "LIMITED PARTNERS", and the General
Partner and the Limited Partners being herein referred to collectively as the
"PARTNERS", both such terms to include any Person hereafter admitted to the
Partnership as a Limited Partner or a General Partner, as the case may be, in
accordance with the terms hereof, and to exclude any Person that ceases to be a
Partner in accordance with the terms hereof), hereby amend the Initial Agreement
in its entirety by deleting it and replacing it with this Agreement. Immediately
following the admission of the first Limited Partner on the date hereof, the
Initial Limited Partner shall cease to be a partner of the Partnership and shall
have his original capital contribution returned to him and shall have no further
rights or claims against, or obligations as a partner of, the Partnership. The
parties hereto hereby agree to continue the Partnership as a limited partnership
under and pursuant to the provisions of the Partnership Law and agree that the
rights, duties and liabilities of the Partners shall be as provided in the
Partnership Law, except as otherwise provided herein. A Person shall be admitted
at the Initial Closing as a limited partner of the Partnership at the time that
(A) this Agreement and a Subscription Agreement are executed by or on behalf of
such Person and (B) such Person is listed by the General Partner as a limited
partner of the Partnership on the Partner Register.

       (b)    REGISTER. The General Partner shall cause to be maintained in the
registered and principal offices of the Partnership a register of limited
partnership interests of the Partnership setting forth the name, mailing
address, and Capital Commitment of each Partner along with such other
information as required by Section 11(1) of the Partnership Law (the "PARTNER
REGISTER"). The Partner Register shall from time to time be updated as necessary
and in accordance with the Partnership Law to maintain the accuracy of the
information contained therein. Any reference in this Agreement to the Partner
Register shall be deemed to be a reference to the Partner Register as in effect
from time to time. Subject to the terms of this Agreement, the

<PAGE>

General Partner may authorize any action permitted hereunder in respect of the
Partner Register without any need to obtain the consent of any other Partner.

       1.2    NAME AND OFFICES. The name of the Partnership is Marsh & McLennan
Affiliated Fund, L.P. The Partnership shall have its registered office in the
Cayman Islands at the offices of Maples and Calder, Ugland House, South Church
Street, George Town, Grand Cayman, Cayman Islands, British West Indies, at which
shall be kept the records required to be maintained under the Partnership Law,
at which the service of process on the Partnership may be made and to which all
notices and communications may be addressed. The General Partner may designate
from time to time another office in the Cayman Islands as the Partnership's
registered office. The Partnership shall have its initial principal office for
its investment activities at 20 Horseneck Lane, Greenwich, Connecticut 06830,
United States of America. The General Partner may designate from time to time
another office within or without the United States as the Partnership's
principal office for its investment activities. The Partnership may from time to
time have such other office or offices within or without the Cayman Islands as
may be designated by the General Partner.

       1.3    PURPOSES. The purpose of the Partnership is to invest in
Securities including, but not limited to, investing as a limited partner in
Trident II, L.P., a Cayman Islands exempted limited partnership ("TRIDENT II"),
in accordance with and subject to the provisions of this Agreement, and to
engage in such activities as the General Partner deems necessary, advisable,
convenient or incidental to the foregoing, to engage in any business which may
lawfully be conducted by a limited partnership formed pursuant to the
Partnership Law and to carry on any business relating thereto or arising
therefrom, including anything incidental, ancillary or necessary to the
foregoing, PROVIDED that the Partnership shall not undertake business with the
public in the Cayman Islands other than so far as may be necessary for the
carrying on of the activities of the Partnership exterior to the Cayman Islands.

       1.4    TERM. The term of the Partnership commenced on the date set forth
in the statement (as it may be amended from time to time, the "STATEMENT")
effecting its registration as an exempted limited partnership pursuant to
Section 9 of the Partnership Law and shall continue, unless the Partnership is
sooner dissolved, until the fifteenth anniversary of the final Closing, PROVIDED
that, unless the Partnership is sooner dissolved, the term of the Partnership
may be extended by the General Partner for up to three successive periods of one
year each, and PROVIDED FURTHER that the Partnership shall continue after the
last calendar day of the Term solely for purposes of Section 9.1(b) (such term,
as so extended if extended, being referred to as the "TERM"). Notwithstanding
the expiration of the Term, the Partnership shall continue until notice of
dissolution of the Partnership is filed in accordance with Section 12.5 and in
the manner provided for in the Partnership Law.

                                       2
<PAGE>

       1.5    FISCAL YEAR. The Fiscal Year of the Partnership shall end on the
31st day of December in each year. The Partnership shall have the same Fiscal
Year for income tax and for financial and partnership accounting purposes.

       1.6    PARTNERSHIP POWERS. In furtherance of the purposes specified in
Section 1.3 and without limiting the generality of Section 2.1, the Partnership
and the General Partner, acting in accordance with the terms of this Agreement
on behalf of the Partnership or on its own behalf and in its own name, as
appropriate, shall be empowered to do or cause to be done any and all acts
deemed by the General Partner, in its sole judgment, to be necessary, advisable,
appropriate, proper, convenient or incidental to or in furtherance of the
purposes of the Partnership, including without limitation the power and
authority:

       (a)    to acquire, hold, manage, own and Transfer the Partnership's
interests in Securities or any other investments made or other assets held by
the Partnership;

       (b)    to establish, maintain or close one or more offices within or
without the Cayman Islands and in connection therewith to rent or acquire office
space and to engage personnel;

       (c)    to open, maintain and close bank and brokerage (including, without
limitation, margin) accounts, to draw checks or other orders for the payment of
moneys, to exchange U.S. dollars held by the Partnership into non-U.S.
currencies and vice versa, to enter into currency forward and futures contracts
and to hedge investments, and to invest such funds as are temporarily not
otherwise required for Partnership purposes in Temporary Investments;

       (d)    to bring, defend, settle and dispose of Proceedings at law or in
equity or before any Governmental Authority;

       (e)    to retain and remove consultants, custodians, attorneys, placement
agents, accountants, actuaries and such other agents and employees as it may
deem necessary or advisable, and to authorize each such agent and employee to
act for and on behalf of the Partnership;

       (f)    to execute, deliver and perform its obligations under the
Subscription Agreements and any agreements to induce any Person to purchase
limited partner interests in the Partnership, without any further act, approval
or vote of any Partner;

       (g)    to execute, deliver and perform its obligations under contracts
and agreements of every kind necessary or incidental to the offer and sale of
limited partner interests in the Partnership, to the acquisition, holding and
Transfer of Securities, or otherwise to the accomplishment of the Partnership's
purposes, and to take or omit to take such other action in connection with such
offer and sale, with such acquisition,

                                       3
<PAGE>

holding or Transfer, or with the business of the Partnership, as may be
necessary, desirable or convenient to further the purposes of the Partnership;

       (h)    to make all elections, investigations, evaluations and decisions,
binding the Partnership thereby, that may, in the sole judgment of the General
Partner, be necessary, appropriate, desirable or convenient for the acquisition,
holding or Transfer of Securities for the Partnership;

       (i)    to borrow money and to issue guarantees; and

       (j)    to carry on any other activities necessary to, in connection with,
or incidental to any of the foregoing or the Partnership's business.

       1.7    EXPENSES. (a) All Partnership Expenses and Organizational Expenses
shall be paid by the Partnership.

       (b)    The Partnership shall not pay a management fee or a carried
interest to (I) the General Partner, (II) the manager, general partner or any
Affiliate of Trident II, or (III) any of the respective officers, directors or
employees of the Persons specified in clause (ii) and clause (iii).

                                   ARTICLE II

                               THE GENERAL PARTNER

       2.1    MANAGEMENT. The management, control and operation of and the
determination of policy with respect to the Partnership and its affairs shall be
vested exclusively in the General Partner (acting directly or through its duly
appointed agents), which is hereby authorized and empowered on behalf and in the
name of the Partnership, subject to Section 2.2 and the other terms of this
Agreement, to carry out any and all of the objects and purposes of the
Partnership and to perform all acts and enter into and perform all contracts and
other undertakings that it may in its sole discretion deem necessary, advisable,
convenient or incidental thereto. The General Partner may exercise on behalf of
the Partnership all of the powers set forth in Section 1.6. The management and
the conduct of the activities of the Partnership shall be the sole
responsibility of the General Partner and all decisions relating to the
selection and disposition of the Partnership's investments shall be made
exclusively by the General Partner in accordance with this Agreement. The
General Partner is hereby authorized to appoint a successor general partner of
the Partnership.

                                       4
<PAGE>

       2.2    LIMITATIONS ON THE GENERAL PARTNER. The General Partner shall not:

       (a)    do any act in contravention of any applicable law or regulation,
or any provision of this Agreement or of the Statement;

       (b)    possess Partnership property for other than a Partnership purpose;

       (c)    admit any Person as a general partner of the Partnership except as
permitted in this Agreement and the Partnership Law;

       (d)    admit any Person as a Limited Partner except as permitted in this
Agreement and the Partnership Law;

       (e)    Transfer its interest in the Partnership other than as permitted
in this Agreement and the Partnership Law; or

       (f)    permit the registration or listing of interests in the Partnership
on an "established securities market", as such term is used in section 1.7704-1
of the Treasury Regulations.

       2.3    RELIANCE BY THIRD PARTIES. In dealing with the General Partner and
its duly appointed agents, no Person shall be required to inquire as to the
General Partner's or any such agent's authority to bind the Partnership.

       2.4    LIABILITY OF THE GENERAL PARTNER AND OTHER COVERED PERSONS. (a)
GENERAL. Except as provided in the Partnership Law and, as applicable, this
Agreement, the General Partner has the powers, duties, responsibilities and
liabilities of a partner in a partnership without limited partners (I) to the
Partnership and the other Partners, and (II) to Persons other than the
Partnership and the other Partners. No Covered Person shall be liable to the
Partnership or any Partner for any act or omission taken or suffered by such
Covered Person in good faith. No Partner shall be liable to the Partnership or
any Partner for any action taken by any other Partner. To the extent that, at
law or in equity, a Covered Person has duties and liabilities to the Partnership
or to the Partners, such Covered Person acting under this Agreement or otherwise
shall not be liable to the Partnership or any Partner for its good faith
reliance on the provisions of this Agreement. The provisions of this Agreement,
to the extent that they expressly restrict, replace or modify the duties and
liabilities of a Covered Person otherwise existing at law or in equity, are
agreed by the Partners to restrict, replace or modify such other duties and
liabilities of such Covered Person. Except as otherwise expressly provided in
this Agreement, the General Partner shall not be liable for the return of all or
any portion of the Limited Partner's Capital Accounts or Capital Contributions.

                                       5
<PAGE>

       (b)    RELIANCE. A Covered Person (I) shall incur no liability in acting
upon any signature or writing believed by it to be genuine, (II) may rely on a
certificate signed by an officer of any Person in order to ascertain any fact
with respect to such Person or within such Person's knowledge, and (III) may
rely on an opinion of counsel selected by such Covered Person with respect to
legal matters. Each Covered Person may act directly or through its agents or
attorneys. Each Covered Person may consult with counsel, appraisers, engineers,
accountants, actuaries, auditors and other skilled Persons of its choosing, and
shall not be liable for anything done, suffered or omitted in good faith
reliance upon the advice of any of such Persons. No Covered Person shall be
liable to the Partnership or any Partner for any error of judgment made in good
faith by a responsible officer or officers of such Covered Person. Except as
otherwise provided in this Section 2.4, no Covered Person shall be liable to the
Partnership or any Partner for any mistake of fact or judgment by such Covered
Person in conducting the affairs of the Partnership or otherwise acting in
respect of and within the scope of this Agreement.

       (c)    DISCRETION. Whenever in this Agreement the General Partner is
permitted or required to make a decision (I) in its "sole discretion" or
"discretion" or under a grant of similar authority or latitude, the General
Partner shall be entitled to consider only such interests and factors as it
desires, including, without limitation, its own interests, or (II) in its "good
faith" or under another expressed standard, the General Partner shall act under
such express standard and shall not be subject to any other or different
standard imposed by this Agreement or any other agreement or by relevant
provisions of law or in equity or otherwise. If any questions should arise with
respect to the operation of the Partnership, which are not specifically provided
for in this Agreement or the Partnership Law, or with respect to the
interpretation of this Agreement, the General Partner is hereby authorized to
make a final determination with respect to any such question and to interpret
this Agreement in good faith, and its determination and interpretation so made
shall be final and binding on all parties.

       2.5    TRANSFER OR WITHDRAWAL BY THE GENERAL PARTNER. To the extent
permitted by law,

       (a)    the General Partner may at its election convert to a limited
partnership, limited liability company or other entity formed under the laws of
the State of Delaware or any other jurisdiction, or

       (b)    the General Partner may Transfer its interest as the general
partner of the Partnership to, or be merged with and into, a limited
partnership, limited liability company or other entity formed under the laws of
the State of Delaware or any other jurisdiction for the purpose of serving as
the general partner of the Partnership,

                                       6
<PAGE>

but only if in any such case such conversion, Transfer or merger will not result
in a Material Adverse Effect on the Partnership or the Limited Partners (in
their capacities as limited partners of the Partnership). Upon any such
conversion to such a limited partnership, limited liability company or other
entity, or any such Transfer by or merger of the General Partner to or with such
a limited partnership, limited liability company or other entity, such limited
partnership, limited liability company or other entity shall be deemed to be the
same Person as the General Partner for all purposes of this Agreement. All
Subscription Agreements applicable to the Partnership that are in effect at the
time of any such conversion, Transfer or merger shall thereafter continue in
full force and effect.

       2.6    CONFLICTS OF INTEREST. (a) POTENTIAL CONFLICTS OF INTEREST. While
the General Partner intends to avoid situations involving conflicts of interest,
each Limited Partner acknowledges that there may be situations in which the
interests of the Partnership may conflict with the interests of the General
Partner or an Affiliate thereof. Each Limited Partner agrees that the activities
of the General Partner and any Affiliates thereof not prohibited by this
Agreement may be engaged in by the General Partner or any such Affiliate, as the
case may be, and will not, in any case or in the aggregate, be deemed a breach
of this Agreement or any duty owed by any such Person to the Partnership or to
any Partner.

       (b)    ACTUAL CONFLICTS OF INTEREST. On any issue involving actual
conflicts of interest not provided for elsewhere in this Agreement, the General
Partner will be guided by its good faith judgment as to the best interests of
the Partnership and shall take such actions as are determined by the General
Partner to be necessary or appropriate to ameliorate any such conflict of
interest. If the General Partner takes such good faith action in respect of a
matter giving rise to a conflict of interest, neither the General Partner nor
any of its Affiliates shall have any liability to the Partnership or any Limited
Partner for actions in respect of such matter taken in good faith by them in the
pursuit of their own respective interests.

                                   ARTICLE III

                              THE LIMITED PARTNERS

       3.1    NO PARTICIPATION IN MANAGEMENT, ETC. No Limited Partner, in its
capacity as a limited partner of the Partnership, shall take part in the
management or control of the Partnership's affairs, transact any business in the
Partnership's name or have the power to sign documents for or otherwise bind the
Partnership. No Limited Partner shall have the right to vote for the election,
removal or replacement of the General Partner. No provision of this Agreement
shall obligate any Limited Partner to refer investments to the Partnership or
restrict any investments that a Limited Partner may make.

                                       7
<PAGE>

       3.2    LIMITATION OF LIABILITY. Except as may otherwise be provided by
the Partnership Law or expressly provided for herein, the liability of each
Limited Partner is limited to its Capital Commitment.

       3.3    NO PRIORITY, ETC. No Limited Partner shall have priority over any
other Limited Partner either as to the return of the amount of its Capital
Contribution or, other than as provided in Article VI, as to any allocation of
any item of income, gain, loss, deduction or credit.

                                   ARTICLE IV

                                   INVESTMENTS

       4.1    TRIDENT INVESTMENT. (a) GENERAL. The Partnership shall acquire a
limited partner interest in Trident II (the "TRIDENT INVESTMENT"), with a
capital commitment to Trident II corresponding to the aggregate Capital
Commitments of the Partners in the Partnership , less the estimated
Organizational Expenses and Partnership Expenses of the Partnership. Whenever
the Partnership is entitled to make any election, or give or withhold any vote
or consent, with respect to its interest in Trident II, the General Partner
shall act (or refrain from acting) in its good faith judgment as to the best
interests of the Partnership and the Limited Partners.

       (b)    REINVESTMENT AND REDEPLOYMENT OF CAPITAL. Proceeds from
distributions received by the Partnership from Trident II and proceeds from the
disposition of Temporary Investments, in each case that would otherwise be
required to be distributed to the Partners, other than amounts distributed in
the discretion of the General Partner to enable Partners to discharge their
respective income tax liabilities with respect to such proceeds, may, in the
discretion of the General Partner, be distributed to the Partners or be retained
by the Partnership and used to make capital contributions to Trident II or for
Temporary Investments, PROVIDED, that such amounts shall be treated for all
purposes under this Agreement as if they were distributed to the Partners
pursuant to Section 6.3, on the date such proceeds were realized by the
Partnership, and thereafter drawn down as Capital Contributions pursuant to
Section 5.1, and PROVIDED FURTHER that such deemed distributions and drawdowns
shall take into account the operation, where applicable, of Section 5.3. In
addition, in the event that the remaining capital commitment of the Partnership
to Trident II is increased pursuant to the Trident II Partnership Agreement, the
General Partner shall increase, PRO RATA on the basis of Capital Commitments,
the Remaining Capital Commitment of each Partner.

       4.2    TEMPORARY INVESTMENTS. The General Partner shall use commercially
reasonable efforts to cause the Partnership to invest funds held by the
Partnership in Temporary Investments pending contribution to Trident II pursuant
to the terms of the Trident II Partnership Agreement or pending distribution.

                                       8
<PAGE>

                                    ARTICLE V

                   CAPITAL CONTRIBUTIONS; CAPITAL COMMITMENTS

       5.1    CAPITAL CONTRIBUTIONS AND CAPITAL COMMITMENTS OF THE PARTNERS.

       (a)    CAPITAL CONTRIBUTIONS. Subject to Section 5.3 and Section 9.1(b),
and except as may otherwise be provided herein, each Partner shall make Capital
Contributions to the Partnership in cash or other immediately available funds in
the aggregate amount of the Capital Commitment set forth opposite its name in
the Partner Register.

       (b)    DRAWDOWNS. The Capital Contributions of the General Partner and
each Limited Partner, the amount of which is determined pursuant to the terms of
Section 5.1(b)(iii), shall be paid in separate Drawdowns, subject to the
following terms and conditions:

              (i)    The General Partner shall provide each Partner with a
       notice (the "DRAWDOWN NOTICE") at least 10 days prior to the date of
       Drawdown. Each Drawdown shall be in connection with the obligations of
       the Partnership in connection with the Trident Investment or shall be
       applied to provide for Partnership Expenses or Organizational Expenses.

              (ii)   If the Partnership receives notice from Trident II that the
       actual capital contribution to be paid by the Partnership has changed
       prior to the making of the investment or payment for which it was called
       (including, without limitation, for example, due to a default by, or the
       operation of section 5.4 of the Trident II Partnership Agreement in
       respect of, another partner of Trident II), or if the actual Capital
       Contribution to be paid by a Limited Partner has changed prior to the
       making of the investment or payment for which it was called (including,
       without limitation, for example, due to a Default by, or the operation of
       Section 5.3 in respect of, another Partner), the General Partner will
       give prompt notice to the Partners, and each Partner shall pay any
       additional Capital Contribution thereby required by the date and in the
       amounts specified in such notice, PROVIDED that such payment date shall
       be at least five Business Days after the date of such notice.

              (iii)  Each Partner shall pay to the Partnership the Capital
       Contribution of such Partner determined in accordance with the provisions
       of the following sentence and specified in the Drawdown Notice (as the
       same may be revised), by wire transfer in immediately available funds by
       the date of Drawdown specified in the Drawdown Notice. Except as
       otherwise provided herein, the required Capital Contribution of each
       Partner shall be equal to the lesser of (A) such Partner's Remaining
       Capital Commitment and (B) if such Capital Contribution is (1) in respect
       of participation through the Partnership in a portfolio investment or
       bridge

                                       9
<PAGE>

       financing of Trident II, or in respect of a Partnership Expense which the
       General Partner determines to be attributable to a particular portfolio
       investment or bridge financing of Trident II, such Partner's PRO RATA
       share (based on the Remaining Capital Commitments of all the Partners
       other than Limited Partners excused from making such a Capital
       Contribution pursuant to Section 5.3) of the aggregate amount required
       for the Partnership to so participate in such investment of Trident II or
       pay such attributable Partnership Expense, and (2) in respect of a
       Partnership Expense (other than a Partnership Expense described in clause
       (1)) or Organizational Expense, such Partner's PRO RATA share (based on
       the Capital Commitments of all the Partners) of the aggregate amount
       required for the Partnership to pay such Partnership Expense or
       Organizational Expense.

       (c)    CREDITORS. The provisions of this Section 5.1 are intended solely
to benefit the Partners and, to the fullest extent permitted by applicable law,
shall not be construed as conferring any benefit upon any creditor of the
Partnership (and no such creditor shall be a third party beneficiary of this
Agreement), and no Partner shall have any duty or obligation to any creditor of
the Partnership to make any contributions to the Partnership or to cause the
General Partner to deliver to any Partner a Drawdown Notice.

       5.2    DEFAULTING LIMITED PARTNER. (a) DEFAULT GENERALLY. If any Limited
Partner fails to contribute, in a timely manner, any portion of the Capital
Commitment required to be contributed by such Limited Partner hereunder or
pursuant to such Limited Partner's Subscription Agreement, and any such failure
continues for five Business Days after receipt of written notice thereof from
the General Partner (a "DEFAULT"), then such Limited Partner may be designated
by the General Partner as in default (a "DEFAULTING LIMITED PARTNER") and shall
thereafter be subject to the provisions of this Section 5.2. The General Partner
may choose not to designate any Limited Partner as a Defaulting Limited Partner
and may agree to waive or permit the cure of any default by a Limited Partner,
subject to such conditions as the General Partner and the Defaulting Limited
Partner may agree upon. In the event that a Limited Partner becomes a Defaulting
Limited Partner, (I) such Defaulting Limited Partner's Remaining Capital
Commitment (the "DEFAULTED CAPITAL COMMITMENTS") shall be deemed to be zero,
(II) the Non-Defaulting Limited Partners shall have an option, exercisable
within 30 days following the date of the notice referred to in the first
sentence of this Section 5.2(a), to assume the Defaulted Capital Commitments, if
any, of such Defaulting Limited Partner, such Defaulted Capital Commitments to
be assumed in proportions determined to be equitable in the sole discretion of
the General Partner taking into account the relative Capital Commitments and
amounts elected to be assumed by the Limited Partners exercising such option
(the "EXERCISING PARTNERS"), (III) the General Partner shall assume any
remaining Defaulted Capital Commitments that are not assumed by such
Non-Defaulting Limited Partners pursuant to subsection (II) above, and (IV) such
Limited Partner shall be entitled to receive only one-half of the distributions
that it would have been entitled to receive had it not become a Defaulting
Limited Partner, and the other one-half of such

                                       10
<PAGE>

distributions (the "FORFEITED DISTRIBUTIONS") shall be made in accordance with
Section 5.2(b). Notwithstanding any other provision of this Section 5.2(a), the
obligations of any Defaulting Limited Partner to the Partnership hereunder shall
not be extinguished as a result of the operation of this Section 5.2(a). In
addition to the other remedies described in this Section 5.2, the General
Partner shall have the right, in its sole discretion, to pursue all remedies at
law or in equity available to it with respect to the Default of a Defaulting
Limited Partner.

       (b)    APPLICATION OF FORFEITED DISTRIBUTIONS, ETC. The Forfeited
Distributions of a Defaulting Limited Partner pursuant to Section 5.2(a) shall
be applied as follows when and as amounts become distributable: FIRST, to the
Partnership in an amount equal to the Organizational Expenses and Partnership
Expenses, as estimated in good faith by the General Partner, attributable to
such Defaulting Limited Partner's Capital Commitment for the period from the
date of Default through the end of the Term; and SECOND, to the Exercising
Partners and the General Partner in accordance with the relative amounts of such
Defaulting Limited Partner's Defaulted Capital Commitments assumed by each such
Person pursuant to Section 5.2(a). The General Partner shall make such
adjustments, including, without limitation, adjustments to the Capital Accounts
of the Partners (including, without limitation, the Defaulting Limited Partner),
as it determines to be appropriate to give effect to the provisions of this
Section 5.2.

       (c)    CONSENTS. Whenever the vote, consent or decision of a Limited
Partner or of the Limited Partners is required or permitted pursuant to this
Agreement or under the Partnership Law, a Defaulting Limited Partner shall not
be entitled to participate in such vote or consent, or to make such decision,
and such vote, consent or decision shall be tabulated or made as if such
Defaulting Limited Partner were not a Limited Partner.

       5.3    EXCUSED INVESTMENTS. The General Partner may, in its sole
discretion, excuse, in whole or in part, any Limited Partner from participation
through the Partnership in (including without limitation making a Capital
Contribution with respect to) any investment of Trident II, if the General
Partner has determined, in its sole discretion, that any such participation may
constitute a conflict of interest for such Limited Partner, the Partnership or
Trident II.

                                   ARTICLE VI

            CAPITAL ACCOUNTS; DISTRIBUTIONS; ALLOCATIONS; WITHHOLDING

       6.1    CAPITAL ACCOUNTS. There shall be established on the books and
records of the Partnership a capital account (a "CAPITAL ACCOUNT") for each
Partner.

       6.2    ADJUSTMENTS TO CAPITAL ACCOUNTS. As of the last day of each
Period, the balance in each Partner's Capital Account shall be adjusted by (A)
increasing such

                                       11
<PAGE>

balance by (I) such Partner's allocable share of each item of the Partnership's
income and gain for such Period (allocated in accordance with Section 6.7) and
(II) the Capital Contributions, if any, made by such Partner during such Period
and (B) decreasing such balance by (I) the amount of cash or the Value of
Securities or other property distributed or deemed distributed to such Partner
pursuant to Article VI or XII and (II) such Partner's allocable share of each
item of the Partnership's deduction or loss for such Period (allocated in
accordance with Section 6.7). Each Partner's Capital Account shall be further
adjusted with respect to any special allocations or adjustments pursuant to this
Agreement.

       6.3    DISTRIBUTIONS OF DISTRIBUTABLE CASH. (a) GENERALLY. Distributable
Cash shall be distributed to the Partners in proportion to their Capital
Contributions in respect of the underlying investment giving rise to such
Distributable Cash, at such times and in such amounts as the General Partner
deems appropriate in its sole discretion. Subject to Section 4.1(b),
Distributable Cash attributable to the Trident Investment shall be distributed
within 60 days after receipt by the Partnership or, if distribution within such
60-day period is not practicable, as soon as practicable thereafter.

       (b)    AVAILABLE ASSETS. Notwithstanding any other provision of this
Agreement, distributions shall be made only to the extent of Available Assets
and in compliance with the Partnership Law.

       6.4    DISTRIBUTIONS OF SECURITIES. (a) IN GENERAL. The General Partner
may distribute as distributions-in-kind Securities during the Term of the
Partnership. In the event that a distribution of Securities is made, such
Securities shall be deemed to have been sold at their Value, and the proceeds of
such sale shall be deemed to have been distributed in the form of Distributable
Cash to the Partners for all purposes of this Agreement. Except as otherwise
provided herein, Securities distributed in kind shall be distributed in
proportion to the aggregate amounts that would be distributed to each Partner
pursuant to Section 6.3, such aggregate amounts to be estimated in the sole
discretion of the General Partner.

       (b)    ELECTION TO RECEIVE CASH IN LIEU OF SECURITIES. In connection with
any distribution of Securities, the General Partner may offer to each Partner
the right to receive such distribution in the form of the proceeds of the
disposition of the Securities that otherwise would have been distributed to such
Partner, PROVIDED that any taxable income, gain, loss or deduction recognized by
the Partnership in connection with the disposition of such Securities shall be
allocated equitably pursuant to Section 6.8 among only those Partners electing
to receive proceeds instead of Securities and such Partners will bear all of the
expenses (including, without limitation, underwriting costs) of such
disposition, and PROVIDED, FURTHER, that such Partners shall be treated for all
other purposes of this Agreement as if such Securities had been distributed as
contemplated by the second sentence of Section 6.4(a).

                                       12
<PAGE>

       6.5    NEGATIVE CAPITAL ACCOUNTS. No Limited Partner shall, and except as
otherwise required by law, the General Partner shall not, be required to make up
a negative balance in its Capital Account.

       6.6    NO WITHDRAWAL OF CAPITAL. Except as otherwise expressly provided
herein, no Partner shall have the right to withdraw capital from the Partnership
or to receive any distribution of or return on such Partner's Capital
Contributions.

       6.7    ALLOCATIONS. Each item of income, gain, loss and deduction of the
Partnership (determined in accordance with U.S. tax principles as applied to the
maintenance of capital accounts) shall be allocated among the Capital Accounts
of the Partners with respect to each Period as of the end of such Period in a
manner that as closely as possible gives economic effect to the provisions of
Articles VI and XII and the other relevant provisions of this Agreement.

       6.8    TAX MATTERS. Except as otherwise provided herein, the income,
gains, losses, credits and deductions recognized by the Partnership shall be
allocated among the Partners, for United States federal, state and local income
tax purposes, to the extent permitted under the Code and the Treasury
Regulations, in the same manner that each such item is allocated to the
Partners' Capital Accounts. Notwithstanding the foregoing, the General Partner
shall have the power in its sole discretion to make such allocations for United
States federal, state and local income tax purposes as may be necessary to
maintain substantial economic effect, or to insure that such allocations are in
accordance with the interests of the Partners in the Partnership, in each case
within the meaning of the Code and the Treasury Regulations. Tax credits shall
be allocated in good faith by the General Partner. All matters concerning
allocations for United States federal, state and local and non-U.S. income tax
purposes, including, without limitation, accounting procedures, not expressly
provided for by the terms of this Agreement shall be determined in good faith by
the General Partner. The General Partner may, in its sole discretion, cause the
Partnership to make the election under section 754 of the Code. The General
Partner is hereby designated as the "tax matters partner" of the Partnership, as
provided in the Treasury Regulations pursuant to section 6231 of the Code (and
any similar provisions under any other state or local or non-U.S. tax laws).
Each Partner hereby consents to such designation and agrees that upon the
request of the General Partner it will execute, certify, acknowledge, deliver,
swear to, file and record at the appropriate public offices such documents as
may be necessary or appropriate to evidence such consent. Either the General
Partner shall have executed and filed a U.S. Internal Revenue Service Form 8832
prior to the date hereof electing to classify the Partnership as a partnership
for U.S. federal income tax purposes pursuant to section 301.7701-3 of the
Treasury Regulations as of a date no later than the date hereof, or the General
Partner shall timely execute and file such Form 8832 on or after the date hereof
electing to classify the Partnership as a partnership for United States federal
income tax purposes as of a date no later than the date hereof, and the General
Partner is hereby

                                       13
<PAGE>

authorized to execute and file such Form for all of the Partners. The General
Partner shall not subsequently elect to change such classification. The General
Partner is hereby authorized to execute and file for all of the Partners any
comparable form or document required by any applicable United States state or
local tax law in order for the Partnership to be classified as a partnership
under such tax law. The Partnership shall not participate in the establishment
of an "established securities market" (within the meaning of section 1.7704-1(b)
of the Treasury Regulations) or a "secondary market or the substantial
equivalent thereof" (within the meaning of section 1.7704-1(c) of the Treasury
Regulations) or, in either case, the inclusion of interests in the Partnership
thereon.

       6.9    WITHHOLDING TAXES. (a) AUTHORITY TO WITHHOLD; TREATMENT OF
WITHHELD TAX. Notwithstanding any other provision of this Agreement, each
Partner hereby authorizes the Partnership to withhold and to pay over, or
otherwise pay, any withholding or other taxes payable by the Partnership or any
of its Affiliates (pursuant to the Code or any provision of United States
federal, state, or local or non-U.S. tax law) with respect to such Partner or as
a result of such Partner's participation in the Partnership (including as a
result of distribution in kind). If and to the extent that the Partnership shall
be required to withhold or pay any such withholding or other taxes, such Partner
shall be deemed for all purposes of this Agreement to have received a payment
from the Partnership as of the time that such withholding or other tax is
required to be paid, which payment shall be deemed to be a distribution of
Distributable Cash pursuant to Section 6.3 with respect to such Partner's
interest in the Partnership to the extent that such Partner (or any successor to
such Partner's interest in the Partnership) would have received a cash
distribution but for such withholding. To the extent that such deemed payment
exceeds the cash distribution that such Partner would have received but for such
withholding, the General Partner shall notify such Partner as to the amount of
such excess and such Partner shall make a prompt payment to the Partnership of
such amount by wire transfer. The Partnership may hold back from any
distribution in kind property having a Value equal to the amount of the taxes
withheld or otherwise paid until the Partnership has received such payment.

       (b)    WITHHOLDING TAX RATE. Any withholdings referred to in this Section
6.9 shall be made at the maximum applicable statutory rate under the applicable
tax law unless the General Partner shall have received an opinion of counsel or
other evidence, satisfactory to the General Partner, to the effect that a lower
rate is applicable, or that no withholding is applicable.

       (c)    WITHHOLDING FROM DISTRIBUTIONS TO THE PARTNERSHIP. In the event
that the Partnership receives a distribution from or in respect of which tax has
been withheld, the Partnership shall be deemed to have received cash in an
amount equal to the amount of such withheld tax, and each Partner shall be
deemed to have received as a distribution of Distributable Cash pursuant to
Section 6.3 the portion of such amount that is attributable

                                       14
<PAGE>

to such Partner's interest in the Partnership as equitably determined by the
General Partner.

       (d)    INDEMNIFICATION. Each Partner shall, to the fullest extent
permitted by applicable law, indemnify and hold harmless the Partnership and the
General Partner against all claims, liabilities and expenses of whatever nature
relating to the Partnership's or the General Partner's obligation to withhold
and to pay over, or otherwise pay, any withholding or other taxes payable by the
Partnership or the General Partner as a result of such Partner's participation
in the Partnership. In addition, the Partnership shall, hereby or pursuant to a
separate indemnification agreement and to the fullest extent permitted by
applicable law, indemnify and hold harmless Trident II and any Covered Person
who is or who is deemed to be the responsible withholding agent for United
States federal, state or local or non-U.S. income tax purposes (other than any
Covered Person that is indemnified by each Partner pursuant to the previous
sentence) against all claims, liabilities and expenses of whatever nature
relating to Trident II's or such Covered Person's obligation to withhold and to
pay over, or otherwise pay, any withholding or other taxes payable by Trident II
or such Covered Person, as the case may be, as a result of the participation in
the Partnership of a Partner (other than such Covered Person). If, pursuant to a
separate indemnification agreement or otherwise, the Partnership shall indemnify
or be required to indemnify Trident II or a Covered Person against any claims,
liabilities or expenses of whatever nature relating to Trident II's or such
Covered Person's obligation to withhold and to pay over, or otherwise pay, any
withholding or other taxes payable by Trident II or such Covered Person as a
result of any Partner's participation in the Partnership, such Partner shall pay
to the Partnership the amount of the indemnity paid or required to be paid.

                                   ARTICLE VII

                BANKING; CUSTODY OF SECURITIES; BOOKS AND RECORDS

       7.1    BANKING; CUSTODY OF SECURITIES. All funds of the Partnership may
be deposited in such bank, brokerage or money market accounts as shall be
established by the General Partner. Withdrawals from and checks drawn on any
such account shall be made upon such signature or signatures as the General
Partner may designate.

       7.2    MAINTENANCE OF BOOKS AND RECORDS; ACCOUNTS AND ACCOUNTING METHOD.
The General Partner shall keep or cause to be kept at the address of the General
Partner (or at such other place as the General Partner shall determine) full and
accurate accounts of the transactions of the Partnership in proper books and
records of account which shall set forth all information required by the
Partnership Law. Subject to Section 1.6, such books and records shall be
available, upon five Business Days' notice to the General Partner, for
inspection and copying at reasonable times during normal business hours by a
Limited Partner or its duly authorized agents or representatives for any purpose

                                       15
<PAGE>

reasonably related to such Limited Partner's interest as a limited partner in
the Partnership.

       7.3    PARTNERSHIP TAX RETURNS. The General Partner shall cause the
Partnership initially to elect the Fiscal Year as its taxable year and shall
cause to be prepared and timely filed all tax returns required to be filed for
the Partnership in the jurisdictions in which the Partnership conducts business
or derives income for all applicable tax years.

                                  ARTICLE VIII

                               REPORTS TO PARTNERS

       8.1    INDEPENDENT AUDITORS. The books of account and records of the
Partnership shall be audited as of the end of each Fiscal Year by such
recognized accounting firm as shall be selected by the General Partner. The
Partnership's independent public accountants shall be a recognized independent
public accounting firm selected from time to time by the General Partner in its
discretion.

       8.2    UNITED STATES FEDERAL INCOME TAX INFORMATION. The General Partner
shall use commercially reasonable efforts to prepare and mail within 90 days
after the end of each Fiscal Year to each Limited Partner and to each other
Person that was a Limited Partner during such Fiscal Year (or its legal
representatives), United States Internal Revenue Service Schedule K-1 to United
States Internal Revenue Service Form 1065, "U.S. Partnership Return of Income",
"Partner's Share of Income, Credits, Deductions, Etc.", or any successor
schedule or form, for such Person.

       8.3    REPORTS TO PARTNERS. The Partnership shall provide to each Limited
Partner on a timely basis, if such Limited Partner so requests in writing, all
reports sent to the limited partners of Trident II pursuant to the Trident II
Partnership Agreement. Except as otherwise provided in this Agreement or
required by applicable law, the Partnership shall send to each Limited Partner
only such other financial reports as the General Partner shall deem appropriate.

                                   ARTICLE IX

                                 INDEMNIFICATION

       9.1    INDEMNIFICATION OF GENERAL PARTNER, ETC. (a) INDEMNIFICATION
GENERALLY. The Partnership shall and hereby does, to the fullest extent
permitted by applicable law, indemnify, hold harmless and release each Covered
Person from and against all claims, demands, liabilities, costs, expenses,
damages, losses, suits, proceedings and actions, whether judicial,
administrative, investigative or otherwise, of whatever nature, known or
unknown, liquidated or unliquidated ("CLAIMS"), that may accrue to or be
incurred by any

                                       16
<PAGE>

Covered Person, or in which any Covered Person may become involved, as a party
or otherwise, or with which any Covered Person may be threatened, relating to or
arising out of the business and affairs of, or activities undertaken in
connection with, the Partnership (including, but not limited to, Claims arising
in connection with the Trident Investment), or otherwise relating to or arising
out of this Agreement, including, but not limited to, amounts paid in
satisfaction of judgments, in compromise or as fines or penalties, and counsel
fees and expenses incurred in connection with the preparation for or defense or
disposition of any investigation, action, suit, arbitration or other proceeding
(a "PROCEEDING"), whether civil or criminal (all of such Claims and amounts
covered by this Section 9.1 and all expenses referred to in Section 9.2 are
referred to as "DAMAGES"), except to the extent that it shall have been
determined ultimately by a court of competent jurisdiction that such Damages
arose primarily from such Disabling Conduct of such Covered Person. The
termination of any Proceeding by settlement shall not, of itself, create a
presumption that such Covered Person has engaged in Disabling Conduct or that
any Damages relating to such settlement arose from the Disabling Conduct of any
Covered Person. The provisions of this Section 9 shall survive the termination,
dissolution and winding-up of the Partnership.

       (b)    CONTRIBUTION. Notwithstanding any other provision of this
Agreement, at any time and from time to time prior to the third anniversary of
the last day of the Term, the General Partner may require the Partners to
contribute to the Partnership an amount sufficient to satisfy: (I) all or any
portion of the indemnification obligations of the Partnership pursuant to
Section 9.1(a), whether such obligations arise before or after the last day of
the Term or, with respect to any Partner, before or after such Partner's
withdrawal from the Partnership; and (II) all or any portion of the obligations
of the Partnership pursuant to section 10.1(b) of the Trident II Partnership
Agreement, whether such obligations arise before or after the last day of the
Term or, with respect to any Partner, before or after such Partner's withdrawal
from the Partnership, PROVIDED, that each Partner shall make such contributions
in respect of its share of any such indemnification obligations made or required
to be made as follows:

              (i)    if the Claims or Damages indemnified against arise out of
       the participation through the Partnership in a portfolio investment or
       bridge financing of Trident II, by each Partner to which Distributable
       Cash was distributed in connection with such participation, in such
       amounts as shall result in each Partner retaining from such Distributable
       Cash the amount that would have been distributed to such Partner had the
       amount of Distributable Cash been, at the time of such distribution,
       reduced by the amount of such indemnification obligations, as equitably
       determined by the General Partner; and,

              (ii)   thereafter, or in any other circumstances, by the Partners
       in proportion to their Capital Commitments.

                                       17
<PAGE>

Any distributions returned pursuant to this Section 9.1(b) shall not be treated
as Capital Contributions. Notwithstanding anything in this Article IX to the
contrary, a Partner's liability under the first sentence of this Section 9.1(b)
is limited to the sum of all distributions received by such Partner from the
Partnership. Nothing in this Section 9.1(b), express or implied, is intended or
shall be construed to give any Person other than the Partnership or the Partners
any legal or equitable right, remedy or claim under or in respect of this
Section 9.1(b) or any provision contained herein.

       9.2    EXPENSES, ETC. Expenses incurred by a Covered Person in defense or
settlement of any Claim that may be subject to a right of indemnification
hereunder may be advanced by the Partnership prior to the final disposition
thereof upon receipt of an undertaking by or on behalf of the Covered Person to
repay such amount if it shall be determined ultimately by a court of competent
jurisdiction that the Covered Person is not entitled to be indemnified
hereunder. The right of any Covered Person to the indemnification provided
herein shall be cumulative with, and in addition to, any and all rights to which
such Covered Person may otherwise be entitled by contract or as a matter of law
or equity and shall extend to such Covered Person's successors, assigns and
legal representatives. All judgments against the Partnership, and all judgments
against the Partnership and the General Partner in respect of which the General
Partner is entitled to indemnification, shall first be satisfied from
Partnership assets (including, without limitation, Capital Contributions and any
payments under Section 9.1(b)), before the General Partner is responsible
therefor.

       9.3    NOTICES OF CLAIMS, ETC. Promptly after receipt by a Covered Person
of notice of the commencement of any Proceeding, such Covered Person shall, if a
claim for indemnification in respect thereof is to be made against the
Partnership, give written notice to the Partnership of the commencement of such
Proceeding, PROVIDED that the failure of any Covered Person to give notice as
provided herein shall not relieve the Partnership of its obligations under this
Article IX, except to the extent that the Partnership is actually prejudiced by
such failure to give notice. In case any such Proceeding is brought against a
Covered Person (other than a derivative suit in right of the Partnership), the
Partnership shall be entitled to participate in and to assume the defense
thereof to the extent that the Partnership may wish, with counsel reasonably
satisfactory to such Covered Person. After notice from the Partnership to such
Covered Person of the Partnership's election to assume the defense of such
Proceeding, the Partnership shall not be liable for expenses subsequently
incurred by such Covered Person in connection with the defense thereof. The
Partnership shall not consent to entry of any judgment or enter into any
settlement that does not include as an unconditional term thereof the giving by
the claimant or plaintiff to such Covered Person of a release from all liability
in respect of such Claim.

                                       18
<PAGE>

       9.4    NO WAIVER. Nothing contained in this Article IX shall constitute a
waiver by any Partner of any right that it may have against any party under
Cayman Islands or United States federal or state laws or other non-U.S. laws.

       9.5    INDEMNIFICATION OF COVERED PERSONS, ETC. The General Partner is
hereby instructed to cause the Partnership to indemnify, hold harmless and
release each Covered Person, and authorized to cause the Partnership to
indemnify, hold harmless and release any other Person, in each case pursuant to
a separate indemnification agreement and on such terms as it may in the absolute
discretion of the General Partner deem appropriate. It is the express intention
of the parties hereto that (A) the provisions of this Article IX for the
indemnification of Covered Persons may be relied upon by such Covered Persons
and may be enforced by such Covered Persons (or by the General Partner on behalf
of any such Covered Person, PROVIDED that the General Partner shall not have any
obligation to so act for or on behalf of any such Covered Person) against the
Partnership and the Partners pursuant to this Agreement or to a separate
indemnification agreement, as if such Covered Persons were parties hereto, and
(B) notwithstanding the provisions of Section 15.7, the term "gross negligence"
shall have the meaning given such term under the laws of the State of Delaware.

       9.6    RETURN OF DISTRIBUTIONS. At any time and from time to time for a
period of three years after the last day of the Term, each Person who was a
Partner shall severally indemnify and hold harmless each Covered Person for such
Partner's ratable share (as determined in the sole discretion of the General
Partner pursuant to Section 9.1(b)) of Damages, on the same terms and to the
same extent and with the same limitations as if such indemnity were given by the
Partnership pursuant to Section 9.1(a) but without regard for Sections 9.1(b),
9.2 or 9.3. The aggregate amount of a Partner's obligations under this Section
9.6 shall not exceed the amount of distributions from the Partnership
theretofore received by such Partner.

                                    ARTICLE X

                     TRANSFER OF LIMITED PARTNER INTERESTS;
                         WITHDRAWAL OF LIMITED PARTNERS

       10.1   ADMISSION, SUBSTITUTION AND WITHDRAWAL OF LIMITED PARTNERS;
TRANSFER; TRANSFER IN THE EVENT OF DEATH, INCAPACITY, ETC. (a) GENERAL. Except
as set forth in this Article X or in Article V, no Additional Limited Partners
may be admitted to, and no Limited Partner may withdraw from, the Partnership
prior to the dissolution and winding up of the Partnership. Except as set forth
in this Article X, no Limited Partner shall sell, transfer, assign, convey,
pledge, mortgage, encumber, hypothecate or otherwise dispose of ("Transfer") all
or any part of its interest in the Partnership, provided that any Limited
Partner may, with the prior written consent of the General Partner (which
consent may be withheld in the sole and absolute discretion of the General
Partner) and upon compliance

                                       19
<PAGE>

with Sections 10.1(b) and (c), Transfer all or a portion of such Limited
Partner's interest in the Partnership.

       (b)    CONDITIONS TO TRANSFER. Any purported Transfer by a Limited
Partner pursuant to the terms of this Article X shall, in addition to requiring
the prior written consent referred to in Section 10.1(a), be subject to the
satisfaction of the following conditions:

              (i)    the Limited Partner (or, in the event of a Transfer under
       Section 10.1(e), such Limited Partner's estate or legal representative)
       that proposes to effect such Transfer (a "TRANSFEROR") or the Person to
       whom such Transfer is to be made (a "TRANSFEREE") shall pay or, in the
       sole discretion of the General Partner, undertake to pay, all expenses
       incurred by the Partnership or the General Partner on behalf of the
       Partnership in connection therewith;

              (ii)   the Partnership shall receive from the Transferee (and in
       the case of clause (C) below, from the Transferor to the extent specified
       by the General Partner) (A) such documents, instruments and -
       certificates as may be requested by the General Partner, pursuant to
       which such Transferee shall become bound by this Agreement, including,
       without limitation, a counterpart of this Agreement executed by or on
       behalf of such Transferee, (B) a certificate to the effect that the
       representations set forth in the - Subscription Agreement of such
       Transferee are (except as otherwise disclosed to the General Partner)
       true and correct with respect to such Transferee as of the date of such
       Transfer and (C) such other documents, opinions, instruments and
       certificates as the General Partner shall request;

              (iii)  such Transferor or Transferee shall, prior to making any
       such Transfer, deliver to the Partnership the opinion of counsel
       described in Section 10.1(c);

              (iv)   the General Partner shall be given at least 30 days' prior
       written notice of such desired Transfer;

              (v)    the Transferor and the Transferee shall each provide a
       certificate to the effect that (A) the proposed Transfer will not be
       effected on or through (1) a U.S. national, regional or local securities
       exchange, (2) a non-U.S. securities exchange or (3) an interdealer
       quotation system that regularly disseminates firm buy or sell quotations
       by identified brokers or dealers (including, without limitation, NASDAQ
       or a foreign equivalent thereto) and (B) it is not, and its proposed
       Transfer or acquisition (as the case may be) will not be made by, through
       or on behalf of, (1) a Person, such as a broker or a dealer, making a

                                       20
<PAGE>

       market in interests in the Partnership or (2) a Person who makes
       available to the public bid or offer quotes with respect to interests in
       the Partnership;

              (vi)   such Transfer will not be effected on or through an
       "established securities market" or a "secondary market or the substantial
       equivalent thereof", as such terms are used in section 1.7704-1 of the
       Treasury Regulations; and

              (v)  such Transfer would not result in the Partnership or
       Trident II at any time during its taxable year having more than 100
       partners, respectively, within the meaning of section 1.7704-1(h)(1)(ii)
       of the Treasury Regulations (taking into account section 1.7704-1(h)(3)
       of the Treasury Regulations).

The General Partner may waive any or all of the conditions set forth in this
Section 10.1(b) other than clause (vi) hereof if, in its sole discretion, it
deems it in the best interest or not opposed to the interest of the Partnership
to do so.

       (c)    OPINION OF COUNSEL. The opinion of counsel referred to in Section
10.1(b)(iii) shall be in form and substance satisfactory to the General Partner,
shall be from counsel satisfactory to the General Partner and shall be
substantially to the effect that (unless specified otherwise by the General
Partner) the consummation of the Transfer contemplated by the opinion:

              (i)    will not require registration under, or violate any
       provisions of, the Securities Act or any applicable state or non-U.S.
       securities laws;

              (ii)   will not require the General Partner, the Partnership, or
       Trident II to register as an investment company under the Investment
       Company Act; and, as required by the General Partner, that the Transferee
       is a Person that counts as one beneficial owner for purposes of section
       3(c)(1) of the Investment Company Act and a "qualified purchaser" as such
       term is defined in section 2(a)(51) of the Investment Company Act;

              (iii)  will not require the manager of Trident II, the General
       Partner, or any Affiliate of the manager of Trident II or the General
       Partner that is not registered under the Investment Advisers Act, or
       Trident II or the Partnership, to register as an investment adviser under
       the Investment Advisers Act;

              (iv)   will not cause the Partnership or Trident II to be taxable
       as a corporation under the Code; and

              (v)    will not violate the laws, rules or regulations of any
       state or any Governmental Authority applicable to such Transfer.

                                       21
<PAGE>

In giving such opinion, counsel may, with the consent of the General Partner,
rely as to factual matters on certificates of the Transferor, the Transferee and
the General Partner.

       (d)    SUBSTITUTE LIMITED PARTNERS. Notwithstanding any other provision
of this Agreement, any Transferee of a Transferor's interest in the Partnership
pursuant to the terms of this Article X shall be admitted to the Partnership as
a substitute Limited Partner of the Partnership (a "SUBSTITUTE LIMITED PARTNER")
to the extent permitted by applicable law, and only with the consent of the
General Partner, which consent may be withheld in the sole and absolute
discretion of the General Partner. Upon the admission of such Transferee as a
Substitute Limited Partner, all references herein to such Transferor shall be
deemed to apply to such Substitute Limited Partner, and such Substitute Limited
Partner shall succeed to all rights and obligations of the Transferor hereunder.
A Person shall be deemed admitted to the Partnership as a Substitute Limited
Partner at the time that the foregoing conditions are satisfied and such Person
is listed as a limited partner of the Partnership on the Partner Register. Any
Transferee of an economic interest in the Partnership shall become a Substitute
Limited Partner only upon satisfaction of the requirements set forth in this
Section 9.1.

       (e)    DEATH, INCAPACITY, ETC. Subject to Sections 10.1(a), 10.1(b) and
10.1(c), the estate or legal representative of a Limited Partner who is a
natural person shall have the right to Transfer to a family member or to an
estate planning entity, upon the death, incapacity, incompetency or bankruptcy
of such Limited Partner, such Limited Partner's interest in the Partnership.

       (f)    TRANSFERS IN VIOLATION OF AGREEMENT NOT RECOGNIZED. No attempted
Transfer or substitution shall be recognized by the Partnership and any
purported Transfer or substitution shall be void unless effected in accordance
with and as permitted by this Agreement.

       10.2   ADDITIONAL LIMITED PARTNERS. (a) CONDITIONS TO ADMISSION. In
addition to the admission of Limited Partners at the Initial Closing, the
General Partner, in its sole discretion, may schedule one or more additional
Closings on any date not later than the Outside Admission Date (except that such
Outside Admission Date shall not apply in the case of a Substitute Limited
Partner admitted as contemplated by Sections 5.2, 5.3 or 10.1(d)) for such
Person or Persons seeking admission to the Partnership as an additional limited
partner of the Partnership (an "ADDITIONAL LIMITED PARTNER", which term shall
include any Person that is a Partner immediately prior to such additional
Closing and that wishes to increase the amount of its Capital Commitment). In
addition, each such additional Closing shall be subject to the determination by
the General Partner in the exercise of its good faith judgment that in the case
of each such admission or increase the following conditions have been satisfied:

                                       22
<PAGE>

              (i)    Each such Additional Limited Partner shall have executed
       and delivered such instruments and shall have taken such actions as the
       General Partner shall deem necessary, convenient, or desirable to effect
       such admission or increase, including, without limitation, the execution
       of (A) a Subscription Agreement containing representations and warranties
       by the Additional Limited Partner that are substantially the same as
       those made by Limited Partners and contained in the Subscription
       Agreements executed at the Initial Closing, (B) a counterpart of this
       Agreement, and (C) a Power of Attorney in substantially the form attached
       to the Subscription Agreement.

              (ii)   Such admission or such increase shall not result in a
       violation of any applicable law, including, without limitation, the
       Cayman Islands, the United States federal and state securities laws, or
       any term or condition of this Agreement and, as a result of such
       admission or such increase, neither the Partnership nor Trident II shall
       be required to register as an Investment Company under the Investment
       Company Act or any law of the Cayman Islands of similar import; neither
       the General Partner, nor the manager or general partner of Trident II,
       nor any Affiliate of any of the foregoing would be required to register
       as an investment adviser under the Investment Advisers Act or any law of
       the Cayman Islands of similar import; and neither the Partnership nor
       Trident II shall become taxable as a corporation or association.

              (iii)  On the date of its admission to the Partnership or the date
       of such increase, as the case may be, such Additional Limited Partner
       shall have paid or unconditionally agreed to pay to the Partnership, an
       amount equal to the sum of

                     (A)    in the case of capital contributions already made by
              the Partnership to Trident II in connection with the Trident
              Investment (except as such Additional Limited Partner is excused
              under Section 5.3), the percentage of such Additional Limited
              Partner's Capital Commitment or (if the Additional Limited Partner
              is increasing its Capital Commitment) the percentage of the amount
              of the increase of such Additional Limited Partner's Capital
              Commitment that is equal to a fraction, (1) the numerator of which
              is the aggregate of the Capital Contributions of the - previously
              admitted Partners used to fund such capital contributions made by
              the Partnership to Trident II and (2) the denominator of which is
              the sum of the aggregate of (X) the Capital - - Commitments of the
              previously admitted Partners that made Capital Contributions used
              to fund such capital contributions made by the Partnership to
              Trident II and (Y) (without duplication) - the Capital Commitments
              of all Additional Limited Partners (adjusting for any excuses
              granted to such Additional Limited Partners under Section 5.3),

                                       23
<PAGE>

                     (B)    the percentage of such Additional Limited Partner's
              Capital Commitment or (if such Additional Limited Partner is
              increasing its Capital Commitment) the percentage of the amount of
              the increase of such Additional Limited Partner's Capital
              Commitment that is equal to a fraction, (1) the - numerator of
              which is the aggregate of the Capital Contributions of the
              previously admitted Limited Partners in respect of all Drawdowns
              which have theretofore been funded and not returned to the
              Partners, other than Drawdowns made and used to fund capital
              contributions made by the Partnership to Trident II in connection
              with the Trident Investment and (2) the - denominator of which is
              the sum of the aggregate of (X) the Capital Commitments of all -
              previously admitted Partners and (Y) (without duplication) the
              Capital Commitments of all - Additional Limited Partners, and

                     (C)    any additional amounts not covered by clauses (A)
              and (B) above payable by the Partnership to Trident II pursuant to
              Section 11.2 of the Trident II Partnership Agreement arising as a
              result of any increase in the Partnership's capital commitment to
              Trident II attributable to such Additional Limited Partner's
              Capital Commitment or (if such Additional Limited Partner is
              increasing its Capital Commitment) to the increase of such
              Additional Limited Partner's Capital Commitment,

       together with, in the case of clauses (A) and (B), an amount calculated
       as interest thereon at a rate per annum equal to the Prime Rate plus 200
       basis points from the dates that contribution of such amounts by such
       Additional Limited Partner would have been due if such Additional Limited
       Partner had been admitted to the Partnership or had increased its Capital
       Commitment, as the case may be, on the date of the Initial Closing, to
       the date that the payment required to be made by such Additional Limited
       Partner pursuant to this Section 10.2(a)(iii) is made, which interest
       shall be treated as provided in Section 10.2(b), and less such amount as
       is necessary to take into account all distributions theretofore made.

A Person shall be deemed admitted to the Partnership as an Additional Limited
Partner at the time that the foregoing conditions are satisfied and when such
Person is listed as a limited partner of the Partnership, and the Capital
Commitment made with respect to such Person is listed, on the Partner Register.

       (b)    CERTAIN PAYMENTS AND TRANSFERS. Any amount paid by an Additional
Limited Partner pursuant to Section 10.2(a)(iii)(A) with respect to capital
contributions already made by the Partnership to Trident II in connection with
the Trident Investment (and any interest paid thereon) shall be remitted
promptly to the previously admitted Partners, PRO RATA in accordance with their
Capital Contributions used to fund such capital contributions made by the
Partnership to Trident II (before giving effect to the

                                       24
<PAGE>

adjustments referred to in the following clause), and the amount of Capital
Contributions deemed to have been made by each Partner to fund the Trident
Investment shall be appropriately adjusted. Any amount paid by an Additional
Limited Partner pursuant to Section 11.2(a)(iii)(B) (and any interest paid
thereon) shall be remitted promptly to the previously admitted Partners, PRO
RATA in accordance with their Capital Commitments. Such payments and remittances
shall, in accordance with section 707(a) of the Code, be treated for all
purposes of this Agreement and for all accounting and tax reporting purposes as
payments made directly from the Additional Limited Partner to the previously
admitted Partners and not as items of Partnership income, gain, loss, deduction,
contribution or distribution. Such Additional Limited Partner shall succeed to
the Capital Contributions of the previously admitted Partners attributable to
the portion of the amount remitted to such previously admitted Partners pursuant
to Section 10.2(a)(iii) (not including any amount calculated as interest
thereon), as appropriate, and the Capital Contributions of the previously
admitted Partners shall be decreased accordingly. In addition, the Remaining
Capital Commitments of the previously admitted Limited Partners shall be
increased by such amount remitted (not including any amount calculated as
interest thereon), and the amount of such increase in Remaining Capital
Commitments may be called again by the Partnership. Any amount paid by an
Additional Limited Partner pursuant to Section 10.2(a)(iii)(C) shall be used by
the Partnership to effect the increase in the Partnership's capital commitment
to Trident II resulting from the admission of such Additional Limited Partners.
The Remaining Capital Commitment of the Additional Limited Partner shall be
appropriately determined by the General Partner. The Partner Register shall be
amended by the General Partner as appropriate to show the name and business
address of each Additional Limited Partner and the amount of its Capital
Commitment. Neither the admission of an Additional Limited Partner nor an
increase in the amount of an Additional Limited Partner's Capital Commitment
shall be a cause for dissolution of the Partnership. The transactions
contemplated by this Section 10.2 shall not require the consent of any of the
Limited Partners.

                                   ARTICLE XI

                    BANKRUPTCY, DISSOLUTION, ETC. OF PARTNERS

       11.1   BANKRUPTCY OR DISSOLUTION OF THE GENERAL PARTNER. In the event of
the bankruptcy or dissolution and commencement of winding-up of the General
Partner or the occurrence of any other event that causes the General Partner to
cease to be a general partner of the Partnership under the Partnership Law, the
Partnership shall be dissolved and wound up as provided in Article XII, unless
the business of the Partnership is continued pursuant to Section 12.1(c). The
General Partner shall take no action voluntarily to declare bankruptcy or
accomplish its dissolution prior to the dissolution of the Partnership.

                                       25
<PAGE>

       11.2   BANKRUPTCY, DISSOLUTION OR WITHDRAWAL OF A LIMITED PARTNER. The
death, incompetency, insanity, or other legal incapacity, bankruptcy,
dissolution, retirement, resignation or withdrawal of a Limited Partner, or the
occurrence of any other event that causes a Limited Partner to cease to be a
Partner of the Partnership shall not in and of itself dissolve or terminate the
Partnership.

                                   ARTICLE XII

                   DISSOLUTION AND TERMINATION OF PARTNERSHIP

       12.1   DISSOLUTION EVENTS. There will be a dissolution of the Partnership
and its affairs shall be wound up upon the first to occur of any of the
following events:

       (a)    the expiration of the Term as provided in Section 1.4; or

       (b)    the day after the date that is three years after the last day of
the term of Trident II; or

       (c)    the last Business Day of the Fiscal Year in which all assets
acquired or agreed to be acquired by the Partnership have been sold off or
otherwise disposed of; or

       (d)    the withdrawal, bankruptcy or dissolution and commencement of
winding up of the General Partner, or the assignment by the General Partner of
its entire interest in the Partnership, or the occurrence of any other event
that causes the General Partner to cease to be a general partner of the
Partnership under the Partnership Law, UNLESS (I) at the time of the occurrence
of such event there is at least one remaining general partner of the Partnership
that is hereby authorized to and does (unanimously in the case of more than one
general partner) elect to continue the business of the Partnership without
dissolution or (II) the business of the Partnership is otherwise continued
without dissolution pursuant to the provisions of the Partnership Law and
PROVIDED, that the conversion of the General Partner to a limited partnership,
limited liability company or other entity, or the Transfer of the General
Partner's interest as the general partner of the Partnership to, or the merger
of the General Partner with and into, a limited partnership, limited liability
company or other entity as provided for in Section 2.5 shall not, for the
purposes of this Section 12.1 be deemed a dissolution or winding up or
commencement of winding up of the General Partner; or

       (e)    a decision, made by the General Partner in its sole discretion, to
dissolve the Partnership because it has determined that there is a substantial
likelihood that due to a change in the text, application or interpretation of
the provisions of the United States federal securities laws (including, without
limitation, the Securities Act, the Investment Company Act and the Investment
Advisers Act) or any other applicable statute, regulation, case law,
administrative ruling or other similar authority (including, without

                                       26
<PAGE>

limitation, changes that result in the Partnership being taxable as a
corporation under United States federal income tax law), the Partnership cannot
operate effectively in the manner contemplated herein; or

       (f)    the entry of a decree of judicial dissolution.

       12.2   DISTRIBUTION UPON DISSOLUTION. Upon the dissolution of the
Partnership, the General Partner (or, if dissolution of the Partnership should
occur by reason of Section 12.1(c), a duly elected liquidating trustee of the
Partnership or other representative who may be designated by a Majority in
Interest) shall proceed, subject to the provisions of this Article XII, to
liquidate the Partnership and apply the proceeds of such liquidation, or in its
sole discretion to distribute Partnership assets, in the following order of
priority:

              FIRST, to creditors in satisfaction of debts and liabilities of
       the Partnership, whether by payment or the making of reasonable provision
       for payment (other than any loans or advances that may have been made by
       any of the Partners to the Partnership), and the expenses of liquidation,
       whether by payment or the making of reasonable provision for payment, any
       such reasonable reserves (which may be funded by a liquidating trust) to
       be established by the General Partner (or any duly elected liquidating
       trustee or other duly designated representative) in amounts deemed by it
       to be reasonably necessary for the payment of the Partnership's expenses,
       liabilities and other obligations (whether fixed or contingent or
       conditional or unmatured);

              SECOND, to the Partners in satisfaction of any loans or advances
       that may have been made by any of the Partners to the Partnership,
       whether by payment or the making of reasonable provision for payment; and

              THIRD, to the Partners in accordance with Article VI.

       12.3   DISTRIBUTIONS IN CASH OR IN KIND. Upon the dissolution of the
Partnership, the General Partner (or any liquidating trustee selected by the
General Partner or, if the General Partner has dissolved or withdrawn as the
general partner of the Partnership, any other duly designated representative
selected by a Majority in Interest) shall use its commercially reasonable
efforts to liquidate all of the Partnership assets in an orderly manner and
apply the proceeds of such liquidation as set forth in Section 12.2, PROVIDED
that if in the good faith business judgment of the General Partner (or such
liquidating trustee or other representative) a Partnership asset should not be
liquidated, the General Partner (or such liquidating trustee or other
representative) shall allocate, on the basis of the Value of any Partnership
assets not sold or otherwise disposed of, any unrealized gain or loss based on
such Value to the Partners' Capital Accounts as though the assets in question
had been sold on the date of distribution and, after giving effect to any such

                                       27
<PAGE>

adjustment, distribute said assets in accordance with Section 12.2, subject to
the priorities set forth in Section 12.2, PROVIDED, FURTHER, that the General
Partner (or such other liquidating trustee or other representative) shall in
good faith attempt to liquidate sufficient Partnership assets to satisfy in cash
(or make reasonable provision for) the debts and liabilities referred to in
Paragraphs First and Second of Section 12.2. The General Partner may cause
certificates evidencing any Securities to be distributed to be imprinted with
legends as to such restrictions on Transfers that it may deem necessary or
appropriate, including, without limitation, legends as to applicable federal or
state or non-U.S. securities laws or other legal or contractual restrictions and
may require any Partner to which Securities are to be distributed to agree in
writing (I) that such Securities will not be transferred except in compliance
with such restrictions and (II) to such other matters as the General Partner may
deem necessary, appropriate, convenient or incidental to the foregoing.

       12.4   TIME FOR LIQUIDATION, ETC. A reasonable time period shall be
allowed for the orderly winding up and liquidation of the assets of the
Partnership and the discharge of liabilities to creditors so as to enable the
General Partner to seek to minimize potential losses upon such liquidation.
Subject to Section 13.1, the provisions of this Agreement shall remain in full
force and effect during the period of winding up and until the filing of a
notice of dissolution of the Partnership with the Registrar of Exempted Limited
Partnerships of the Cayman Islands.

       12.5   TERMINATION. Upon completion of the foregoing, the General Partner
(or any liquidating trustee selected by the General Partner or, if the General
Partner has dissolved or withdrawn as the general partner of the Partnership,
any other duly designated representative selected by a Majority in Interest)
shall execute, acknowledge and cause to be filed a notice of dissolution of the
Partnership with the Registrar of Exempted Limited Partnerships of the Cayman
Islands, PROVIDED, however, that the winding up of the Partnership will not be
deemed complete and such notice of dissolution will not be filed by the General
Partner (or such liquidating trustee or other representative) prior to the third
anniversary of the last day of the Term unless otherwise required by law.

       12.5   GENERAL PARTNER NOT LIABLE FOR RETURN OF CAPITAL CONTRIBUTIONS.
None of the General Partner or any of its Affiliates shall be liable for the
return of all or any portion of the Capital Accounts or Capital Contributions of
any Partner, and such return shall be made solely from available Partnership
assets, if any, and each Limited Partner hereby waives any and all claims it may
have against the General Partner or any Affiliate thereof in this regard.

       12.6   REORGANIZATION OF THE PARTNERSHIP. To the extent permitted by law,
in order to effect a reorganization of the Partnership,

                                       28
<PAGE>

       (a)    the General Partner may cause the conversion of the Partnership to
a limited partnership, limited liability company or other entity formed under
the laws of the Cayman Islands or any other jurisdiction, or

       (b)    the General Partner may cause the exchange of the interests of the
Partners in the Partnership for interests in, or cause the Partnership to be
merged with and into, a limited partnership, limited liability company or other
entity formed under the laws of the Cayman Islands or any other jurisdiction,
but only if in any such case the Partners (including, without limitation, their
successors) shall become, and no other Persons (other than Persons necessary for
the qualification of such limited partnership, limited liability company or
other entity under such laws) shall be, the partners of such limited
partnership, the members of such limited liability company or the equity holders
of such other entity, as the case may be. Upon any such conversion, exchange or
merger, such limited partnership, limited liability company or other entity
shall be treated as the successor to the Partnership for all purposes of this
Agreement and of the corresponding agreement pursuant to which the rights and
obligations of the partners of such limited partnership, the members of such
limited liability company or the equity holders of such other entity, as the
case may be, are determined. All Subscription Agreements applicable to the
Partnership that are in effect at the time of any such conversion, exchange or
merger shall thereafter continue in full force and effect, and shall apply to
the limited partnership, limited liability company or other entity that becomes
the successor to the Partnership pursuant to such conversion, exchange or
merger. In conjunction with any such conversion, exchange or merger, the General
Partner may execute, on behalf of the Partnership and each of the Limited
Partners, all documents that in its reasonable judgment are necessary or
appropriate to consummate such conversion, exchange or merger, including but not
limited to the agreement pursuant to which the rights and obligations of the
partners of such limited partnership, the members of such limited liability
company or the equity holders of such other entity, as the case may be, are
determined (in the case of such a conversion to, exchange for interests in or
merger into a limited partnership, including the limited partnership agreement
thereof), all without any further consent or approval of any other Partner,
PROVIDED that no such agreement may directly or indirectly effectuate a
modification or amendment of the rights and obligations of the Partners which,
if such modification or amendment were made to this Agreement, would require the
consent of the Partners, any group thereof or any individual Partner as provided
in Section 14.1, unless the consent to such modification or amendment required
under Section 14.1 is obtained. A reorganization of the Partnership pursuant to
this Section 12.7 shall not be deemed to be or result in a dissolution, winding
up or commencement of winding up of the Partnership.

                                       29
<PAGE>

                                  ARTICLE XIII

                                   DEFINITIONS

       13.1   DEFINITIONS. As used herein the following terms have the
respective meanings set forth below (each such meaning to be equally applicable
to the singular and plural forms of the respective terms so defined):

       "ADDITIONAL LIMITED PARTNER" shall have the meaning set forth in Section
10.2(a).

       "ADJUSTMENT DATE" shall mean the last day of each Fiscal Year or any
other date determined by the General Partner, in its sole discretion, as
appropriate for an interim closing of the Partnership's books.

       "AFFILIATE" shall mean, with respect to any specified Person, a Person
that directly or indirectly, through one or more intermediaries, controls, is
controlled by, or is under common control with, the Person specified, PROVIDED,
that portfolio companies of Trident II and any Person controlled by a portfolio
company of Trident II shall not be an "Affiliate" of the Partnership or the
General Partner.

       "AGREEMENT" shall have the meaning set forth in the preamble hereto.

       "AVAILABLE ASSETS" shall mean as of any date, the excess of the cash,
cash equivalent items and Temporary Investments held by the Partnership over the
sum of the amount of such items determined by the General Partner to be
reasonably necessary for the payment of the Partnership's expenses, liabilities
and other obligations (whether fixed, contingent, conditional or unmatured), and
for the establishment of appropriate reserves for such expenses, liabilities and
obligations as may arise, including, without limitation, the maintenance of
adequate working capital for the continued conduct of the Partnership's
business.

       "BUSINESS DAY" shall mean any day on which banks located in New York City
are not required or authorized by law to remain closed.

       "CAPITAL ACCOUNT" shall have the meaning set forth in Section 6.1.

       "CAPITAL COMMITMENT" shall mean, with respect to any Partner, the amount
set forth opposite the name of such Partner on the Partner Register.

       "CAPITAL CONTRIBUTION" shall mean, with respect to any Partner, the
amount of capital contributed pursuant to a single Drawdown or the aggregate
amount of such contributions made, as the context may require, by such Partner
to the Partnership pursuant to Section 5.1 and the other provisions of this
Agreement.

                                       30
<PAGE>

       "CLAIMS" shall have the meaning set forth in Section 9.1.

       "CLOSING" shall have the meaning set forth in the Subscription
Agreements.

       "CODE" shall mean the Internal Revenue Code of 1986, as amended.

       "COVERED PERSON" shall mean (I) the General Partner, (II) each of the
Affiliates of the General Partner, and (III) each Person who is or at any time
becomes a shareholder, officer, director, employee, partner, member, manager,
consultant or agent of any of the Persons identified in clause (i) or clause
(ii) of this definition.

       "DAMAGES" shall have the meaning set forth in Section 9.1.

       "DEFAULT" shall have the meaning set forth in Section 5.2(a).

       "DEFAULTED CAPITAL COMMITMENTS" shall have the meaning set forth in
Section 5.2(a).

       "DEFAULTING LIMITED PARTNER" shall have the meaning set forth in Section
5.2(a).

       "DISABLING CONDUCT" shall mean, with respect to any Person, fraud,
willful misfeasance, gross negligence or reckless disregard of such Person's
duties in the conduct of such Person's office.

       "DISTRIBUTABLE CASH" shall mean the excess of (A) the sum of cash
receipts of all kinds, other than Capital Contributions that are being held by
the Partnership pending investment, over (B) cash disbursements for expenses of
the Partnership (or amounts reserved to pay Partnership Expenses or
Organizational Expenses, or against liabilities, contingent or otherwise, or
other obligations of the Partnership).

       "DRAWDOWN NOTICE" shall have the meaning set forth in Section 5.1(b).

       "DRAWDOWNS" shall mean the Capital Contributions made to the Partnership
pursuant to Section 5.1 from time to time by the Partners pursuant to a Drawdown
Notice.

       "EXERCISING PARTNER" shall have the meaning set forth in Section 5.2(a).

       "FISCAL YEAR" shall mean the fiscal year of the Partnership, as
determined pursuant to Section 1.5.

       "FORFEITED DISTRIBUTIONS" shall have the meaning set forth in Section
5.2(a).

       "GENERAL PARTNER" shall mean Marsh & McLennan GP I, Inc., a Delaware
corporation, and any additional or successor general partner of the Partnership
in its

                                       31
<PAGE>

capacity as the general partner of the Partnership, as such entity may be
affected by the provisions of Section 2.5.

       "GOVERNMENTAL AUTHORITY" shall mean any United States federal, state or
local, or any Cayman Islands or other non-U.S. court, arbitrator or governmental
agency, authority, commission, instrumentality or regulatory or administrative
body.

       "INITIAL AGREEMENT" shall have the meaning set forth in the preamble
hereto.

       "INITIAL CLOSING" shall mean the first Closing under which Limited
Partners have acquired interests in the Partnership pursuant to the Subscription
Agreements.

       "INITIAL LIMITED PARTNER" shall mean Richard A. Goldman, in such capacity
as the initial limited partner of the Partnership.

       "INVESTMENT ADVISERS ACT" shall mean the United States Investment
Advisers Act of 1940, as amended.

       "INVESTMENT COMPANY ACT" shall mean the United States Investment Company
Act of 1940, as amended.

       "LIMITED PARTNER" shall have the meaning set forth in Section 1.1, and
shall include its successors and permitted assigns. For purposes of the
Partnership Law, the Limited Partners shall constitute a single class or group
of limited partners.

       "MAJORITY IN INTEREST" shall mean Limited Partners who, at the time in
question, have Capital Commitments aggregating more than 50% of all Capital
Commitments of all the Non-Defaulting Limited Partners.

       "MATERIAL ADVERSE EFFECT" shall mean (A) a violation of a statute, rule,
regulation or governmental administrative policy applicable to a Partner of a
Governmental Authority that is reasonably likely to have a material adverse
effect on Trident II, a portfolio company of Trident II or any Affiliate
thereof, or on the Partnership, the General Partner, the manager or the general
partner of Trident II or any of their respective Affiliates or on any Partner or
any Affiliate of any such Person, (B) an occurrence that is reasonably likely to
subject Trident II, a portfolio company of Trident II or an Affiliate thereof or
the Partnership, the General Partner, the manager or the general partner of
Trident II or any of their respective Affiliates or any Partner or any Affiliate
or any direct or indirect shareholder of any such Person to any material
regulatory requirement (including, without limitation, the registration or other
requirements of the Investment Company Act or the Investment Advisers Act or any
laws of similar impact of the Cayman Islands) or material tax to which it would
not otherwise be subject, or which is reasonably likely to materially increase
any such regulatory requirement or material tax beyond what it would otherwise
have been or (C) an occurrence that is reasonably likely

                                       32
<PAGE>

to result in any Securities or other assets owned by Trident II being deemed to
be "plan assets" under ERISA or that is reasonably likely to result in a
"prohibited transaction" under ERISA.

       "MMC" shall mean Marsh & McLennan Companies, Inc., a Delaware
corporation, and any successor thereto.

       "NASDAQ" shall mean The Nasdaq Stock Market, Inc.

       "NON-DEFAULTING LIMITED PARTNERS" shall mean those Limited Partners who
are not Defaulting Limited Partners.

       "ORGANIZATIONAL EXPENSES" shall mean all reasonable costs and expenses of
the Partnership, that, in the sole judgment of the General Partner, are incurred
in the formation and organization of, and sale of interests in, the Partnership,
including, without limitation, out-of-pocket legal, accounting, printing,
consultation, travel, administrative and filing fees and expenses.

       "OUTSIDE ADMISSION DATE" shall mean March 30, 2000.

       "PARTNER REGISTER" shall have the meaning set forth in Section 1.1(b).

       "PARTNERS" shall have the meaning set forth in Section 1.1.

       "PARTNERSHIP" shall have the meaning set forth in the preamble hereto.

       "PARTNERSHIP EXPENSES" shall mean the costs, expenses and liabilities
that, in the good faith judgment of the General Partner, are incurred by or
arise out of the operation of the Partnership, including without limitation: the
fees and expenses relating to Temporary Investments or the Trident Investment,
including without limitation the evaluation, acquisition, holding, monitoring
and disposition thereof; premiums for insurance protecting the Partnership, the
General Partner, any of their respective Affiliates, and any of their respective
officers, directors, members, partners, employees and agents from liabilities to
third Persons in connection with Partnership affairs; legal, custodial and
accounting expenses (including, without limitation, expenses associated with the
preparation of the Partnership's financial statements, tax returns and Schedules
K-1); auditing and consulting expenses; appraisal expenses; expenses related to
organizing companies through or in which investment of the Partnership will be
made; costs and expenses that are classified as extraordinary expenses under
generally accepted accounting principles; taxes or other governmental charges
payable by the Partnership; Damages; costs of reporting to the Partners; costs
of winding up and liquidating the Partnership; and expenses incurred pursuant to
Section 5.2; but not including Organizational Expenses.

                                       33
<PAGE>

       "PARTNERSHIP LAW" shall mean the Exempted Limited Partnership Law (1997
Revision) of the Cayman Islands, as amended, and any successor to such statute.

       "PERIOD" shall mean, for the first period, the period commencing on the
date of this Agreement and ending on the next Adjustment Date, and thereafter,
the period commencing on the day after an Adjustment Date and ending on the next
Adjustment Date.

       "PERSON" shall mean any individual, entity, corporation, partnership,
association, limited liability company, limited liability partnership,
joint-stock company, trust or unincorporated organization.

       "POWER OF ATTORNEY" shall mean, with respect to any Limited Partner, the
power of attorney executed by such Limited Partner substantially in the form
attached to the Subscription Agreements.

       "PRIME RATE" shall mean the rate of interest publicly announced by The
Chase Manhattan Bank or any successor thereto from time to time in New York City
as its prime rate.

       "PROCEEDING" shall have the meaning set forth in Section 9.1(a).

       "REMAINING CAPITAL COMMITMENT" shall mean, in respect of any Partner, the
amount of such Partner's Capital Commitment, determined at any date, which has
not been contributed as a Capital Contribution, as adjusted as contemplated
hereby, PROVIDED that if such date is after delivery of a Drawdown Notice but
before the related Drawdown, the amount specified in such Drawdown Notice (as
the same may be amended by a subsequent Drawdown Notice related thereto) shall
not be included in any Partner's Remaining Capital Commitment unless such
investment is abandoned. Notwithstanding the foregoing, any Capital Contribution
of a Limited Partner used to fund Organizational Expenses or Partnership
Expenses shall, to the extent that such Limited Partner receives or is deemed to
receive subsequent distributions from the Partnership, be added to the Remaining
Capital Commitment of such Limited Partner and be subject to recall .

       "SECURITIES" shall mean shares of capital stock, limited partnership
interests, limited liability company interests, warrants, options, bonds, notes,
debentures and other equity and debt securities and interests of whatever kind
of any Person, whether readily marketable or not.

       "SECURITIES ACT" shall mean the Securities Act of 1933, as amended, and
the rules and regulations of the United States Securities and Exchange
Commission promulgated thereunder.

       "STATEMENT" shall have the meaning set forth in Section 1.4.

                                       34
<PAGE>

       "SUBSCRIPTION AGREEMENTS" shall mean the several Subscription Agreements
entered into by the respective Limited Partners in connection with their
purchases of limited partner interests in the Partnership.

       "SUBSTITUTE LIMITED PARTNER" shall have the meaning set forth in Section
10.1(d).

       "TEMPORARY INVESTMENTS" shall mean investments in (A) cash or cash
equivalents, (B) marketable direct obligations issued or unconditionally
guaranteed by the United States of America, or issued by any agency thereof,
maturing within one year from the date of acquisition thereof, (C) money market
instruments, commercial paper or other short-term debt obligations having at the
date of purchase by the Partnership the highest or second highest rating
obtainable from either Standard & Poor's Ratings Services or Moody's Investors
Service, Inc. or their successors, (D) interest bearing accounts at a registered
broker-dealer, (E) money market mutual funds managed by Putnam Investments, Inc.
or a subsidiary thereof, (F) interest bearing accounts and/or certificates of
deposit maturing within one year from the date of acquisition thereof issued by
commercial banks incorporated under the laws of the United States of America or
any state thereof or the District of Columbia, each having at the date of
acquisition by the Partnership combined capital and surplus of not less than
$100,000,000, (G) overnight repurchase agreements with primary Fed dealers
collateralized by direct U.S. Government obligations or (H) pooled investment
vehicles or accounts which invest only in Securities or instruments of the type
described in (a) through (d).

       "TERM" shall have the meaning set forth in Section 1.4.

       "TRANSFER" shall have the meaning set forth in Section 10.1(a).

       "TRANSFEREE" shall have the meaning set forth in Section 10.1(b).

       "TRANSFEROR" shall have the meaning set forth in Section 10.1(b).

       "TREASURY REGULATIONS" shall mean the Regulations of the Treasury
Department of the United States issued pursuant to the Code.

       "TRIDENT II" shall have the meaning set forth in Section 1.3.

       "TRIDENT II PARTNERSHIP AGREEMENT" shall mean the Amended and Restated
Limited Partnership Agreement of Trident II, L.P., dated June 4, 1999, as
amended and restated by the Second Amended and Restated Limited Partnership
Agreement, dated June 23, 1999, as such agreement may be amended, supplemented
or restated from time to time.

       "TRIDENT INVESTMENT" shall have the meaning set forth in Section 4.1(a).

                                       35
<PAGE>

       "VALUE" of assets or Securities shall mean the fair market value of such
assets or Securities, as determined in the sole discretion of the General
Partner.

                                   ARTICLE XIV

                          AMENDMENTS; POWER OF ATTORNEY

       14.1   AMENDMENTS. Any modifications or amendments duly adopted in
accordance with the terms of this Agreement may be executed in accordance with
Section 14.2 and/or the Powers of Attorney. The terms and provisions of this
Agreement may be modified or amended at any time and from time to time with the
written consent of (A) the General Partner and (B) a Majority in Interest,
PROVIDED that, without the consent of any of the Limited Partners, the General
Partner:

              (i)    may amend the Partner Register attached hereto to reflect
       changes validly made, pursuant to the terms of this Agreement, in the
       amount of (and the obligation to fund the full amount of) the Capital
       Commitment of any Partner or in the membership of the Partnership;

              (ii)   may enter into agreements with Persons who are Transferees
       of the interests in the Partnership of Limited Partners, pursuant to the
       terms of this Agreement, providing in substance that such Transferees
       will be bound by this Agreement and will become Substitute Limited
       Partners in the Partnership;

              (iii)  may amend this Agreement as may be required to implement
       (A) Transfers of interests of Limited Partners as contemplated by Section
       10.1, (B) the admission of any Substitute Limited Partner or any
       Additional Limited Partner, and any related changes in Capital
       Commitments, as contemplated by Section 10.1 or 10.2, (C) any changes in
       the Partner Register due to a Defaulting Limited Partner, (D) the
       conversion, Transfer or merger of all or any part of its interest as
       general partner of the Partnership as contemplated by Section 2.5, or (E)
       a reorganization of the Partnership as contemplated by Section 12.7;

              (iv)   may amend this Agreement (A) to satisfy any requirements,
       conditions, guidelines or opinions contained in any opinion, directive,
       order, ruling or regulation of the United States Securities and Exchange
       Commission, the United States Internal Revenue Service or any other
       United States federal or state agency, or in any United States federal or
       state statute, compliance with which the General Partner deems to be in
       the best interests of the Partnership, and (B) to change the name of the
       Partnership, so long as any such amendment under this clause (iv) does
       not materially and adversely affect the interests of the Limited Partners
       under this Agreement;

                                       36
<PAGE>

              (v)    may amend this Agreement or take any other action in
       accordance with Section 14.3 or as permitted or contemplated by Section
       14.2 and/or the Powers of Attorney; and

              (vi)   may amend this Agreement to cure any ambiguity or correct
       or supplement any provision hereof that may be incomplete or inconsistent
       with any other provision hereof so long as such amendment under this
       clause (vi) does not materially and adversely affect the interests of the
       Limited Partners.

       14.2   POWER OF ATTORNEY. Each Limited Partner does hereby irrevocably
constitute and appoint the General Partner, with full power of substitution, the
true and lawful attorney-in-fact and agent of such Limited Partner, to execute,
acknowledge, verify, swear to, deliver, record and file, in its or its
assignee's name, place and stead, all instruments, documents and certificates
which may from time to time be required by the laws of the United States of
America, the Cayman Islands, any other jurisdiction in which the Partnership has
an office or conducts or plans to conduct business, or any political subdivision
or agency thereof, to effectuate, implement and continue the valid existence and
business of the Partnership, including, without limitation, the power and
authority to execute, verify, swear to, acknowledge, deliver, record and file:

       (a)    all certificates and other instruments, including, without
limitation, this Agreement, and any amendments thereto or to the Statement,
which the General Partner deems appropriate to (I) form, qualify or continue the
Partnership as an exempted limited partnership (or a partnership in which the
limited partners have limited liability) in the Cayman Islands and all other
jurisdictions in which the Partnership has an office or conducts or plans to
conduct business and (II) admit such Person as a Limited Partner in the
Partnership;

       (b)    all instruments which the General Partner deems appropriate to
reflect or effect any amendment to this Agreement or the Statement (I) to
reflect or effect Transfers of interests of Limited Partners, the admission of
Substitute Limited Partners or Additional Limited Partners or the increase of
Capital Commitments pursuant to Article X hereof, (II) to satisfy any
requirements, conditions, guidelines or opinions contained in any opinion,
directive, order, ruling or regulation of the United States Securities and
Exchange Commission, the United States Internal Revenue Service, or any other
Governmental Authority, or in any United States federal or state or local or
Cayman Islands or other non-U.S. statute, compliance with which the General
Partner deems to be in the best interests of the Partnership, (III) to change
the name of the Partnership or reflect or effect a reorganization of the
Partnership as contemplated in Section 12.7, (IV) to reflect or effect the
conversion of the General Partner to, or the merger of the General Partner with
and into, a limited partnership, limited liability company, or other entity, or
the Transfer of its interest in the Partnership to a limited partnership,
limited liability company or other entity, as contemplated by Section 2.5, (V)
to give effect to, or

                                       37
<PAGE>

to conform this Agreement to, the terms and provisions of the Trident II
Partnership Agreement, or (VI) to cure any ambiguity or correct or supplement
any provision herein contained which may be incomplete or inconsistent with any
other provision contained in this Agreement so long as such amendment under this
clause (v) or clause (vi) does not materially and adversely affect the interests
of the Limited Partners;

       (c)    all conveyances and other instruments which the General Partner
deems appropriate to reflect and effect the dissolution and termination of the
Partnership pursuant to the terms of this Agreement, including, without
limitation, the filing of a notice of dissolution as provided for in Article
XII;

       (d)    all instruments relating to (I) Transfers of interests in the
Partnership, or the admission of Substitute Limited Partners or Additional
Limited Partners pursuant to Section 10.1, (II) the treatment of a Defaulting
Limited Partner or a Limited Partner whose participation is, in whole or in
part, excused, limited or discontinued pursuant to Section 5.4, or (III) any
change in the Capital Commitment of any Limited Partner, all in accordance with
the terms of this Agreement;

       (e)    all amendments to this Agreement duly adopted in accordance with
Section 14.1;

       (f)    certificates of assumed name and such other certificates and
instruments as may be necessary under the fictitious or assumed name statutes
from time to time in effect in the Cayman Islands or any other jurisdiction in
which the Partnership has an office or conducts or plans to conduct business;
and

       (g)    any other instruments determined by the General Partner to be
necessary or appropriate in connection with the proper conduct of the business
of the Partnership and which do not materially and adversely affect the
interests of the Limited Partners.

Such attorney-in-fact and agent shall not, however, have the right, power or
authority to amend or modify this Agreement when acting in such capacities,
except to the extent authorized herein. This power of attorney shall not be
affected by the subsequent disability or incompetence of the principal. This
power of attorney shall be deemed to be coupled with an interest, shall be
irrevocable, shall survive and not be affected by the dissolution, bankruptcy or
legal disability of any Limited Partner and shall extend to such Limited
Partner's successors and assigns. This power of attorney may be exercised by
such attorney-in-fact and agent for all Limited Partners (or any of them) by a
single signature of the General Partner acting as attorney-in-fact with or
without listing all (or any) of the Limited Partners executing an instrument.
Any person dealing with the Partnership may conclusively presume and rely upon
the fact that any instrument referred to above, executed by such
attorney-in-fact and agent, is authorized, regular and binding, without further
inquiry. If required, each Limited Partner shall execute and deliver to the

                                       38
<PAGE>

General Partner, within five Business Days after receipt of a request therefor,
such further designations, powers of attorney or other instruments as the
General Partner shall reasonably deem necessary for the purposes hereof. The
foregoing power of attorney as in effect at the time of any reorganization of
the Partnership pursuant to Section 12.7 shall thereafter continue in full force
and effect, and shall apply to the limited partnership, limited liability
company or other entity that becomes the successor to the Partnership pursuant
to such reorganization. The foregoing power of attorney as in effect at the time
of the conversion of, Transfer by or merger of the General Partner pursuant to
Section 2.5 shall thereafter continue in full force and effect, and shall apply
to the limited partnership, limited liability company, or other entity that
becomes the successor to the General Partner pursuant to such conversion,
Transfer or merger.

       14.3   FURTHER ACTIONS OF THE GENERAL PARTNER. To the extent necessary in
the sole discretion of the General Partner, the General Partner shall cause this
Agreement to be amended, without the need for any further act, vote or approval
of any other Partner or Persons, to reflect as appropriate the occurrence of any
of the transactions referred to in Article V or X as promptly as is practicable
after such occurrence.

       14.4   FURTHER ACTIONS OF THE LIMITED PARTNERS. Each Limited Partner
shall execute and deliver such other certificates, agreements and documents, and
take such other actions, as may reasonably be requested by the General Partner
in connection with the formation of the Partnership and the achievement of its
purposes, including, without limitation, (A) any documents that the General
Partner deems necessary or appropriate to form, qualify or continue the
Partnership as a limited partnership in all jurisdictions in which the
Partnership has an office or conducts or plans to conduct business and (B) all
such agreements, certificates, tax statements and other documents as may be
required to be filed in respect of the Partnership.

                                   ARTICLE XV

                                  MISCELLANEOUS

       15.1   NOTICES. Each notice relating to this Agreement shall be in
writing and shall be delivered (A) in person, by registered or certified mail,
or by private courier, overnight or next-day express mail or (B) by telecopy or
other facsimile transmission, confirmed by telephone to an executive officer or
other representative of the recipient. All notices to any Partner shall be
addressed to such Partner and its trustee (if any) at their respective addresses
set forth in the Partner Register or at such other address as such Partner may
have designated by notice in writing. Any Partner, other than the General
Partner, may designate a new address by notice to that effect given to the
General Partner. The General Partner may designate a new address by notice to
that effect given to each of the other Partners. Unless otherwise specifically
provided in this Agreement, a notice given in accordance with the foregoing
clause (a) shall be deemed to have been

                                       39
<PAGE>

effectively given and made two days after such notice is mailed by registered or
certified first-class mail, return receipt requested and postage pre-paid, and
one day after such notice is mailed by Fed Ex or other one-day service provider,
to the proper address, or when delivered in person delivery service pre-paid.
Any notice to the General Partner or to a Limited Partner by telecopy or other
facsimile transmission shall be deemed to be given when sent and confirmed by
telephone in accordance with the foregoing clause (b).

       15.2   COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original and all of which taken
together shall constitute a single agreement.

       15.3   TABLE OF CONTENTS AND HEADINGS. The table of contents and the
headings of the sections of this Agreement are inserted for convenience of
reference only and shall not be deemed to constitute a part hereof.

       15.4   SUCCESSORS AND ASSIGNS. Except as otherwise specifically provided
herein, this Agreement shall inure to the benefit of the Partners and the
Covered Persons, and shall be binding upon the parties, and, subject to Section
10.1, their respective successors and permitted assigns.

       15.5   SEVERABILITY. Every term and provision of this Agreement is
intended to be severable. If any term or provision hereof is illegal or invalid
for any reason whatsoever, such term or provision will be enforced to the
maximum extent permitted by applicable law and, in any event, such illegality or
invalidity shall not affect the validity of the remainder of this Agreement. Any
default hereunder by a Limited Partner shall not excuse a default by any other
Limited Partner.

       15.6   NON-WAIVER. No provision of this Agreement shall be deemed to have
been waived except if the giving of such waiver is contained in a written notice
given to the party claiming such waiver, and no such waiver shall be deemed to
be a waiver of any other or further obligation or liability of the party or
parties in whose favor the waiver was given.

       15.7   APPLICABLE LAW (SUBMISSION TO JURISDICTION). EXCEPT AS PROVIDED IN
SECTION 2.1 AND IN SECTION 9.5, THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF
THE PARTIES HERETO SHALL BE INTERPRETED AND ENFORCED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE CAYMAN ISLANDS APPLICABLE TO AGREEMENTS MADE AND TO
BE PERFORMED WHOLLY WITHIN THAT JURISDICTION. The Partners hereby submit to the
nonexclusive jurisdiction of the courts of the Cayman Islands and to the courts
of the jurisdiction in which the principal office of the Partnership is located
(and, if the principal office is located in the United States, of the federal
district court having

                                       40
<PAGE>

jurisdiction over the location of the principal office) for the resolution of
all matters pertaining to the enforcement and interpretation of this Agreement.

       15.8   CONFIDENTIALITY. Each Limited Partner agrees that it shall not
disclose without the prior consent of the General Partner (other than to such
Limited Partner's employees, auditors, counsel or prospective transferees;
PROVIDED that such Limited Partner obtain the agreement of such Person to be
bound by the obligations of this Section 15.8) any information with respect to
the Partnership or Trident II or any portfolio company of Trident II that is
designated by the General Partner to such Limited Partner in writing as
confidential, PROVIDED that a Limited Partner may disclose any such information
(A) as has become generally available to the public, (B) as may be required or
appropriate in any report, statement or testimony submitted to Governmental
Authority having jurisdiction over such Limited Partner, or to the National
Association of Insurance Commissioners or similar organizations and their
successors, (C) as may be required or appropriate in response to any summons or
subpoena or in connection with any litigation, (D) to the extent necessary in
order to comply with any law, order, regulation, ruling or other governmental
request applicable to such Limited Partner and (E) to its professional advisors.
Notwithstanding anything in this Agreement to the contrary, the General Partner
shall have the right to keep confidential from Limited Partners for such a
period of time as the General Partner deems reasonable, any information that the
General Partner reasonably believes to be in the nature of trade secrets or
other information the disclosure of which the General Partner in good faith
believes is not in the best interest of the Partnership or could damage the
Partnership or its business or that the Partnership is required by law or by
agreement with a third Person to keep confidential.

       15.9   SURVIVAL OF CERTAIN PROVISIONS. The obligations of each Partner
pursuant to Section 6.9(d) and Section 9 shall survive the termination or
expiration of this Agreement and the dissolution, winding up and termination of
the Partnership except to the extent the duration of such survival is otherwise
specifically limited in this Agreement.

       15.10  WAIVER OF PARTITION. Except as may otherwise be provided by law in
connection with the dissolution, liquidation, and winding up of the Partnership,
each Partner hereby irrevocably waives any and all rights that it may have to
maintain an action for partition of any of the Partnership's property.

       15.11  CURRENCY. The term "dollar" and the symbol"$", wherever used in
this Agreement, shall mean the United States dollar.

                                       41
<PAGE>

       15.12  ENTIRE AGREEMENT. This Agreement (including, without limitation,
all schedules hereto), together with the related Subscription Agreements,
constitutes the entire agreement among the Partners and the Initial Limited
Partner with respect to the subject matter hereof, and supersede any prior
agreement or understanding among them with respect to such subject matter,
PROVIDED that the representations and warranties of the General Partner and the
Limited Partners in, and the other provisions of, the Subscription Agreements
shall survive the execution and delivery of this Agreement.

                                       42
<PAGE>

       IN WITNESS WHEREOF, the undersigned have duly executed this Amended and
Restated Limited Partnership Agreement of Marsh & McLennan Affiliated Fund, L.P.
on the day and year first above written.

                                  GENERAL PARTNER:
                                  ---------------

                                  MARSH & McLENNAN GP I, INC.

                                  By:_______________________________

                                  LIMITED PARTNERS:
                                  ----------------

                                  Each of the Limited Partners listed
                                  in the Partner Register, pursuant to
                                  the power of attorney and
                                  authorization granted by each such
                                  Limited Partner to the General
                                  Partner as attorney-in-fact and
                                  agent under the separate Powers of
                                  Attorney, dated various dates:

                                  By:_________________________________

                                  MARSH & McLENNAN GP I, INC.

                                  By:_________________________________

                                  INITIAL LIMITED PARTNER:
                                  -----------------------

                                  -----------------------------------
                                  RICHARD A. GOLDMAN,
                                  in his capacity as the Initial Limited Partner

                                       43

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]