Document:

Exhibit 10.1

 

FORM OF SHAREHOLDER SUPPORT AGREEMENT

 

THIS SHAREHOLDER SUPPORT AGREEMENT,
dated as of ______, 2021 (the “Agreement”), by and among Goldenbridge Acquisition Limited, a British Virgin Islands
business company (“Parent”), and the Persons and entities set forth on Schedule I hereto, (each, a “Holder”
and collectively, the “Holders”) of AgiiPlus Inc., a Cayman Islands exempted company (the “Company”) and
the Company.

 

W I T N E S S E T H:

 

	A.	WHEREAS, the Parent, AgiiPlus Global Inc., a Cayman Islands exempted company and wholly-owned subsidiary of the Parent (the “Purchaser”), the Company, J.distrii Holdings Limited and Jing Hu (each, a “Principal Shareholder” and collectively, the “Principal Shareholders”), Jing Hu, an individual , as the representative of the Shareholders (the “Shareholders’ Representative”) and AgiiPlus Corporation Inc., a Cayman Islands exempted company and wholly-owned subsidiary of the Purchaser (“Merger Sub”), are entering into the Merger Agreement of even date herewith (as the same may be amended or supplemented from time to time, the “Merger Agreement”) providing for the merger of Merger Sub with and into the Company (the “Merger”), as a result of which the Company shall be the Surviving Corporation and shall continue its corporate existence under the laws of the Cayman Islands as a wholly owned Subsidiary of Purchaser;

 

	B.	WHEREAS, the Holders and their affiliates are the beneficial owners of 49,679,490, par value $0.0001 per share, of the Company (the “Company Stock”) (such shares of Company Stock, the Holders’ and their affiliates’ “Existing Shares” and such Existing Shares, together with any additional capital stock of the Company beneficially owned or acquired by the Holders and their affiliates on or after the date hereof, the “Shares”);

 

	C.	WHEREAS, as an inducement and a condition to Parent entering into the Merger Agreement, the Holders are entering into this Agreement with Parent; and

 

	D.	WHEREAS, the board of directors of the Company has approved the Merger Agreement and the transactions contemplated thereby, and has consented to the execution and delivery of this Agreement in connection therewith, understanding that the execution and delivery of this Agreement by the Holders is a material inducement and condition to Parent’s willingness to enter into the Merger Agreement.

 

    

     

    

 

NOW,
THEREFORE, in consideration of the mutual covenants, representations, warranties and agreements contained herein, and intending to
be legally bound hereby, the parties agree as follows: 

 

ARTICLE
I

GENERAL

 

1.1 Definitions.
Capitalized terms used but not defined herein shall have the meanings set forth in the Merger Agreement.

 

ARTICLE
II

AGREEMENT TO CONSENT AND VOTE

 

2.1 Agreement to Deliver
Written Consent. Prior to the Termination Date (as defined herein), the Holders irrevocably and unconditionally agrees that Holders
shall, promptly following the time at which the Registration Statement becomes effective under the Securities Act (and, in any event,
within two Business Days of such time), execute and deliver (or cause to be executed and delivered) the Stockholder Written Consent, substantially
in the form attached hereto as Exhibit A, pursuant to the Company’s Amended and Restated Memorandum and Articles of Incorporation
covering all of the Shares approving the Merger, adopting the Merger Agreement and approving any other matters necessary for consummation
of the transactions contemplated by the Merger Agreement, including the Merger (the “Transaction Matters”).

 

2.2 Agreement to Vote.
Prior to the Termination Date, each Holder, severally and not jointly, irrevocably and unconditionally agrees that Holder shall, at any
meeting of the stockholders of the Company (whether annual or special and whether or not an adjourned or postponed meeting), however called,
appear at such meeting or otherwise cause the Shares to be counted as present thereat for purpose of establishing a quorum and vote (or
consent), or cause to be voted at such meeting (or validly execute and return and cause such consent to be granted with respect to), all
Shares in favor of the Transaction Matters.

 

2.3 Notwithstanding anything
to the contrary contained herein, any written consent, vote, or other approval provided by the Holders for or with respect to the entry
into or consummation of the transactions contemplated by the Merger Agreement (or any part thereof) is conditional upon the Company successfully
entering into customary definitive agreements with bona fide third party equity investors for no less than US$15,000,000 of equity investment
into the Purchaser (as defined in the Merger Agreement) at the same post-Transaction valuation contemplated in the Merger Agreement substantially
concurrently with the closing of the Transaction.

 

ARTICLE
III

ADDITIONAL AGREEMENTS

 

3.1 Waiver of Appraisal
Rights; Litigation. To the full extent permitted by law, each Holder hereby irrevocably and unconditionally waives, and agrees not
to exercise, any rights of appraisal (including under Section 238 of the Cayman Islands Companies Act (2021 Revision)), any dissenters’
rights and any similar rights relating to the Merger that the Holder may directly or indirectly have by virtue of the ownership of any
Shares. Each Holder further agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary
to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, Purchaser, Merger Sub,
or the Company or any of their respective affiliates and each of their successors or directors relating to the negotiation, execution
or delivery of this Agreement or the Merger Agreement or the consummation of the transactions contemplated hereby or thereby, including
any claim (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging
a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the Merger Agreement or the
transactions contemplated hereby or thereby, and hereby irrevocably waives any claim or rights whatsoever with respect to any of the foregoing.

 

    2

     

    

 

3.2 Retention of Shares.
Each Holder agrees, severally and not jointly, that the Holder shall not, prior to the Termination Date, offer for sale, sell, short sell,
transfer, tender, pledge, encumber, assign, or otherwise dispose of, or grant a proxy with respect to, any of the Holder’s Shares
(each a “Transfer”). Any Transfer violation of this Agreement shall be void ab initio.

 

3.3 Fiduciary Duties.
Each Holder is entering into this Agreement solely in its capacity as the record or beneficial owner of the Shares. The taking of any
actions (or failures to act) by the Holder’s designees serving as a director of the Company shall not be deemed to constitute a
breach of this Agreement.

 

ARTICLE
IV

REPRESENTATIONS AND WARRANTIES

 

4.1 Representations and Warranties.
Each Holder hereby represents and warrants as follows:

 

(a) Ownership. To
the Holder’s knowledge, the Holder has, with respect to the Existing Shares, and at all times during the term of this Agreement
will continue to have, beneficial ownership of, good and valid title to and full and exclusive power to deliver written consents, vote,
issue instructions with respect to the matters set forth in Article II, agree to all of the matters set forth in this Agreement and to
Transfer the Shares. The Existing Shares constitute all of the shares of Company Stock owned of record or beneficially by the Holder as
of the date hereof . Other than this Agreement, there are no agreements or arrangements of any kind, contingent or otherwise, to which
the Holder is a party presently obligating the Holder to Transfer or cause to be Transferred to any person any of the Shares, and no person
presently has any contractual or other right or obligation to purchase or otherwise acquire any of the Shares. 

 

(b) Organization; Authority.
If the Holder is an entity, the Holder is duly organized, validly existing and in good standing under the laws of the jurisdiction of
its formation. The Holder is not in violation of any of the provisions of the Holder’s certificate of limited partnership, partnership
agreement or comparable organizational documents, as applicable. The Holder has full power and authority and is duly authorized to make,
enter into and carry out the terms of this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly
executed and delivered by the Holder and (assuming due authorization, execution and delivery by Parent) constitutes a valid and binding
agreement of the Holder, enforceable against the Holder in accordance with its terms, and no other action is necessary to authorize the
execution and delivery by the Holder or the performance of the Holder’s obligations hereunder.

 

(c) No Violation.
The execution, delivery and performance by the Holder of this Agreement will not (i) violate any provision of any statutory law; (ii)
violate any order, judgment or decree applicable to the Holder or any of its affiliates or (iii) conflict with, or result in a breach
or default under, any agreement or instrument to which the Holder or any of its affiliates is a party or any term or condition of its
certificate of limited partnership, partnership agreement or comparable organizational documents, as applicable, except where such conflict,
breach or default would not reasonably be expected to, individually or in the aggregate, have an adverse effect on the Holder’s
ability to satisfy its obligations hereunder.

 

(d) Consents and Approvals.
The execution and delivery by the Holder of this Agreement does not, and the performance of the Holder’s obligations hereunder will
not, require the Holder or any of its affiliates to obtain any consent, approval, authorization or permit of, or to make any filing with
or notification to, any person or governmental Authority, except such filings and authorizations as may be required under the Exchange
Act and under the Holder’s organizational documents.

 

    3

     

    

 

ARTICLE
V

MISCELLANEOUS

 

5.1 Disclosure.
Each Holder hereby authorizes the Parent and the Company to publish and disclose in any announcement or disclosure required by the SEC
and in the Registration Statement the Holder’s identity and ownership of the Shares and the nature of the Holder’s obligations
under this Agreement.

 

5.2 Termination.
This Agreement shall terminate at the earlier of (a) the date the Merger Agreement is terminated in accordance with its terms and (b)
the date on which the Merger is consummated (the “Termination Date”).

 

5.3 Amendment.
This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument
in writing specifically designated as an amendment hereto, signed on behalf of each of the parties in interest at the time of the amendment.

 

5.4 Extension; Waiver.
At any time prior to the Effective Time, the parties hereto, may, to the extent legally allowed, (a) extend the time for the performance
of any of the obligations or other acts of the other party hereto, (b) waive any inaccuracies in the representations and warranties contained
herein or in any document delivered pursuant hereto and (c) waive compliance with any of the agreements or contained herein. Any agreement
on the part of a party hereto to any such extension or waiver shall be valid only if set forth in a written instrument signed on behalf
of such party, but such extension or waiver or failure to insist on strict compliance with an obligation, covenant, agreement or condition
shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.

 

5.5 Expenses.
All fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring
such fees or expenses, whether or not the Merger is consummated.

 

5.6 Notices. All
notices and other communications hereunder shall be in writing and shall be deemed duly given (a) on the date of delivery if delivered
personally, or if by facsimile or email, upon confirmation of receipt, (b) on the first (1st) business day following the date of dispatch
if delivered utilizing a next-day service by a recognized next-day courier or (c) on the earlier of confirmed receipt or the fifth (5th)
business day following the date of mailing if delivered by registered or certified mail, return receipt requested, postage prepaid. All
notices hereunder shall be delivered to the addresses set forth below, or pursuant to such other instructions as may be designated in
writing by the party to receive such notice:

 

if to the Holder, to the addresses set forth on
Schedule I hereto

 

and

 

if to Parent,

 

Goldenbridge Acquisition Limited

15/F, Aubin House

171-172 Gloucester Road

Wanchai, Hong Kong

Attn: Yongsheng Liu

Email: winstonca@163.com

 

With a copy (which shall not constitute notice)
to:

 

Giovanni Caruso

Loeb & Loeb LLP

345 Park Avenue

New York, New York 10154

 

    4

     

    

 

5.7 Interpretation.
The parties have participated jointly in negotiating and drafting this Agreement. In the event that an ambiguity or a question of intent
or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties, and no presumption or burden of proof
shall arise favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement. When a reference is made
in this Agreement to Articles or Sections, such reference shall be to an Article or Section of this Agreement unless otherwise indicated.
The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement. Whenever the words “include,” “includes” or “including” are used in this Agreement,
they shall be deemed to be followed by the words “without limitation.” References to “the date hereof” shall mean
the date of this Agreement. As used in this Agreement, the “knowledge” of the Holder means the actual knowledge of
the Holder or any officer of Holder, if applicable, after due inquiry, and the “knowledge” of Parent means the actual
knowledge of any of the officers of Parent after due inquiry. As used herein, (a) “business day” means any day other
than a Saturday, a Sunday or a day on which banks in New York, New York, the Cayman Islands, the British Virgin Islands or the People’s
Republic of China are authorized by Law or executive order to be closed, (b) the term “person” means any individual,
corporation (including not-for-profit), general or limited partnership, limited liability company, joint venture, estate, trust, association,
organization, governmental Authority or other entity of any kind or nature, and (c) an “affiliate” of a specified person
is any other person that directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control
with, such specified person; provided, however, that solely for purposes of this Agreement, notwithstanding anything
to the contrary set forth herein, neither the Company nor any of its Subsidiaries shall be deemed to be a Subsidiary or affiliate of the
Holder; provided, further, that, for the avoidance of doubt, any general partner of the Holder shall be deemed
an affiliate the Holder; and provided, further, that an affiliate of the Holder shall include any investment fund,
vehicle or holding company of which an affiliate serves as the general partner, managing member or discretionary manager or advisor; and provided, further,
that, notwithstanding the foregoing, an affiliate of the Holder shall not include any portfolio company or other investment of the Holder
or any affiliate of the Holder.

 

5.8 Counterparts.
This Agreement may be executed in two or more counterparts (including by facsimile or other electronic means), all of which shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each of the parties and delivered to the other
party, it being understood that all parties need not sign the same counterpart.

 

5.9 Entire Agreement.
This Agreement (including the documents and the instruments referred to herein) constitutes the entire agreement among the parties and
supersedes all prior agreements and understandings, both written and oral, among the parties with respect to the subject matter hereof.

 

5.10 Waiver of Jury
Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED
AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY SUIT, ACTION OR OTHER PROCEEDING DIRECTLY OR INDIRECTLY
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES
THAT: (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD
NOT, IN THE EVENT OF ANY ACTION, SUIT OR PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH PARTY UNDERSTANDS AND HAS CONSIDERED
THE IMPLICATIONS OF THIS WAIVER, (III) EACH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS
AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 5.10.

 

    5

     

    

 

5.11 Governing Law; Jurisdiction.

 

(a) This Agreement shall
be governed and construed in accordance with the laws of the State of Delaware, without regard to any applicable conflicts of law.

 

(b) Each party agrees that
it will bring any action or proceeding in respect of any claim arising out of or related to this Agreement or the transactions contemplated
hereby exclusively in any Delaware Chancery Court; provided, that if jurisdiction is not then available in the Delaware Chancery Court,
then any such legal Action may be brought in any federal court located in the State of Delaware or any other Delaware state court, and,
solely in connection with claims arising under this Agreement or the transactions that are the subject of this Agreement, (i) irrevocably
submits to the exclusive jurisdiction of the aforesaid courts, (ii) waives any objection to laying venue in any such action or proceeding
in the aforesaid courts, (iii) waives any objection that the aforesaid courts are an inconvenient forum or do not have jurisdiction over
any party and (iv) agrees that service of process upon such party in any such action or proceeding will be effective if notice is given
in accordance with Section 5.6.

 

5.12 Assignment.
Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether
by operation of law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof
shall be null and void. Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable
by the parties and their respective successors and assigns.

 

5.13 Specific Performance.
The parties hereto agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with
its specific terms or were otherwise breached. Accordingly, the parties shall be entitled to specific performance of the terms of this
Agreement, including an injunction or injunctions to prevent breaches of this Agreement or to enforce specifically the performance of
the terms and provisions hereof (including the Holder’s obligation to deliver the Stockholder Written Consent), in addition to any
other remedy to which they are entitled at law or in equity. Each of the parties hereby further waives (a) any defense in any action for
specific performance that a remedy at law would be adequate and (b) any requirement under any law to post security or a bond as a prerequisite
to obtaining equitable relief.

 

5.14 Severability.
Whenever possible, each provision or portion of any provision of this Agreement shall be interpreted in such manner as to be effective
and valid under applicable Law, but if any provision or portion of any provision of this Agreement is held to be invalid, illegal or
unenforceable in any respect under any applicable Law in any jurisdiction, such invalidity, illegality or unenforceability shall not
affect any other provision or portion of any provision in such jurisdiction, and this Agreement shall be reformed, construed and enforced
in such jurisdiction such that the invalid, illegal or unenforceable provision or portion thereof shall be interpreted to be only so
broad as is enforceable.

 

5.15 Delivery by Facsimile
or Electronic Transmission. This Agreement and any signed agreement or instrument entered into in connection with this Agreement,
and any amendments or waivers hereto or thereto, to the extent signed and delivered by means of a facsimile machine or by e-mail delivery
of a “.pdf” format data file, shall be treated in all manner and respects as an original agreement or instrument and shall
be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. No party hereto
or to any such agreement or instrument shall raise the use of a facsimile machine or e-mail delivery of a “.pdf” format data
file to deliver a signature to this Agreement or any amendment hereto or the fact that any signature or agreement or instrument was transmitted
or communicated through the use of a facsimile machine or e-mail delivery of a “.pdf” format data file as a defense to the
formation of a contract and each party hereto forever waives any such defense.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF, the parties
hereto, intending to be legally bound hereby, have executed or caused this Agreement to be executed in counterparts, all as of the day
and year first above written.

 

	 	GOLDENBRIDGE ACQUISITION LIMITED.
	 	 	 
	 	By:	/s/ Yongsheng Liu
	 	Name: 	Yongsheng Liu
	 	Title:	Chief Executive Officer

 

[Signature Page to the Shareholder Support Agreement]

 

    7

     

    

 

	
    

     
	Company:
	 	 
	 	AgiiPlus Inc.
	 	 
	 	By:	/s/ HU Jing
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

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	 	HOLDER:
	 	 
	 	J.distrii Global Limited
	 	 
	 	By:	/s/ HU Jing
	 	Name: 	 
	 	Title:	 
	 	 	 
	 	 	HU Jing
	 	 
	 	By: 	/s/ HU Jing

 

[Signature Page to the Shareholder Support Agreement]

 

    9

     

    

 

	 	HOLDER:
	 	 
	 	Landed Holdings Limited
	 	 
	 	By:	/s/ YANG Lei
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    10

     

    

 

	 	HOLDER:
	 	 
	 	Royhon Holdings Limited
	 	 
	 	By:	/s/ HE Chi
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    11

     

    

 

	 	HOLDER:
	 	 
	 	Kitedge Holdings Limited
	 	 
	 	By:	/s/ WU Jiaqing
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    12

     

    

 

	 	HOLDER:
	 	 
	 	Mark Chen Holdings Limited
	 	 
	 	By:	/s/ CHEN Keming
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    13

     

    

 

	
     
	HOLDER:
	 	 
	 	United Mission Holdings Limited
	 	 
	 	By:	/s/ HU Yan
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

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	 	HOLDER:
	 	 
	 	Spacii Holdings Limited
	 	 
	 	By:	/s/ ZOU Hua
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    15

     

    

 

	 	HOLDER:
	 	 
	 	Maxoffice Holdings Limited
	 	 
	 	By:	/s/ NI Yong
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

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	 	HOLDER:
	 	 
	 	China Lodging Holdings Singapore Pte. Ltd.
	 	 
	 	By:	/s/ LI Qi
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    17

     

    

 

	 	HOLDER:
	 	 
	 	KING INSPIRATION LIMITED
	 	 
	 	By:	/s/ CHEN Chao
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    18

     

    

 

	 	HOLDER:
	 	 
	 	CITY CONNECTED COMMUNITIES PTE. LTD.
	 	 
	 	By:	/s/ Sherman Kwek Eik Tse
	 	Name:	Sherman Kwek Eik Tse
	 	Title:	Director

 

[Signature Page to the Shareholder Support Agreement]

 

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	 	HOLDER:
	 	 
	 	Ningbo Nayun Limited 
	 	 
	 	By:	/s/ HU Jing
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

    20

     

    

 

	 	HOLDER:
	 	 
	 	Junzi Holdings Limited
	 	 
	 	By:	/s/ QIN Jun
	 	Name: 	 
	 	Title:	 

 

[Signature Page to the Shareholder Support Agreement]

 

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EXHIBIT A

 

AgiiPlus Inc.

(the “Company”) 

Written Resolutions of Stockholders in Lieu
of a Meeting

 

The undersigned stockholders
(the “Consenting Holders”) of AgiiPluc Inc., a Cayman Islands exempted company (the “Company”),
being the holders as of the date of this written consent (this “Written Consent”) of [●], par value $[0.0001]
per share, of the Company (the “Shares”), hereby irrevocably consents in writing to the following actions and the adoption
of the following resolutions [without a meeting of stockholders]:

 

WHEREAS, the Company
has entered into the Agreement (the “Merger Agreement”), dated as of [______] 2021, by and among the Company, J.distrii
Holdings Limited and Jing Hu (each, a “Principal Shareholder” and collectively the “Principal Shareholders”),
Jing Hu, an individual, as the representative of the Shareholders (the “Shareholders’ Representative”), Goldenbridge
Acquisition Limited, a British Virgin Islands business company (the “Parent”), AgiiPlus Global Inc., a Cayman Islands
exempted company and wholly-owned subsidiary of the Parent (the “Purchaser”), and AgiiPlus Corporation Inc., a Cayman
Islands exempted company and wholly-owned subsidiary of the Purchaser (the “Merger Sub”)., a copy of which has been
provided to the undersigned Consenting Holders and is attached hereto as Annex A (capitalized terms used but not defined
herein shall have the meanings set forth in the Merger Agreement);

 

WHEREAS, pursuant to
the Merger Agreement, among other things, Merger Sub will merge with and into the Company, with the Company continuing as the surviving
corporation of the Merger (the “Merger”);

 

WHEREAS, the Company’s
Board of Directors has, subject to the terms and conditions under the relevant board resolutions, (i) determined that the Merger is fair
to, and in the best interests of, the Company and its stockholders, (ii) approved the Merger, (iii) approved and declared advisable entry
into the Merger Agreement and the transactions contemplated thereby and (iv) subject to the terms and conditions set forth in the Merger
Agreement, resolved to recommend the approval of the Merger Agreement to the Company’s stockholders;

 

WHEREAS, pursuant to
the terms and conditions of the Merger Agreement, each share of Company capital stock (other than any Excluded Shares and Dissenting Shares)
issued and outstanding immediately prior to the Effective Time shall be converted, in accordance with the procedures set forth in the
Merger Agreement, into the right to receive, without interest, the Merger Consideration;

 

WHEREAS, a Registration
Statement has been filed by Purchaser with the SEC pursuant to which the offer and sale of shares of Purchaser Ordinary Shares issuable
in the Merger are being registered with the SEC, which Registration Statement contains the Shareholder written consent statement, and
has become effective;

 

WHEREAS, pursuant to
the Cayman Law and the Company’s memorandum and articles of association, the Merger Agreement and the transactions contemplated
by the Merger Agreement must be adopted by a special resolutions of the stockholders of the Company [representing a majority of the voting
power of all then outstanding shares of Company Ordinary Shares]; 

 

WHEREAS, pursuant to
the Cayman Law and the Company’s memorandum and articles of association, the Company’s stockholders may act by written consent;
and

 

WHEREAS, as of the
date hereof, the Shares represent approximately [_]% of the aggregate voting power of the issued and outstanding shares of [______];

 

WHEREAS, upon the execution
and delivery of this written consent, the Requisite Company Vote shall have been obtained in accordance with to the Cayman Law and the
Company’s memorandum and articles of association;

 

NOW, THEREFORE, BE IT RESOLVED, that
the Merger Agreement and the Merger and the transactions contemplated thereby are hereby adopted and approved by the Consenting Holders
with the same force and effect as if the Stockholders had taken such action at a meeting of the stockholders of the Company;

 

FURTHER RESOLVED, signatures
to this Written Consent transmitted by facsimile or PDF copy shall be deemed original signatures for all purposes, and such execution
and transmission shall be considered valid, binding and effective for all purposes.

 

This Written Consent shall
be effective as of the execution and delivery of this Written Consent in accordance with the terms of the Merger Agreement, shall be filed
with the book in which proceedings of meetings of the stockholders of the Company are recorded and shall be treated for all purposes as
action taken at a meeting.

 

[Signature page follows]

 

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Annex A

 

Merger Agreement

 

 

 

 

 

 

23EX-4.1

 Exhibit 4.1 

 
  

EVEREST REINSURANCE HOLDINGS, INC. 

To 
 THE BANK OF NEW YORK
MELLON, AS SUCCESSOR IN INTEREST TO JPMORGAN CHASE BANK (F/K/A THE CHASE MANHATTAN BANK) 
 Trustee 

 
  

SIXTH SUPPLEMENTAL INDENTURE 

Dated as of October 4, 2021 

3.125% Senior Notes due October 15, 2052 
  

 
  

 
  

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 ARTICLE I 3.125% SENIOR NOTES DUE OCTOBER 15, 2052
	  	 	1	 
		
	 SECTION 101. Establishment
	  	 	1	 
	 SECTION 102. Definitions
	  	 	3	 
	 SECTION 103. Payment of Principal and Interest
	  	 	3	 
	 SECTION 104. Denominations
	  	 	4	 
	 SECTION 105. Global Securities
	  	 	4	 
	 SECTION 106. Redemption at the Option of the Company
	  	 	5	 
	 SECTION 107. Paying Agent
	  	 	6	 
	 SECTION 108. Events of Default
	  	 	6	 
	 SECTION 109. Discharge and Defeasance
	  	 	9	 
		
	 ARTICLE II MISCELLANEOUS PROVISIONS
	  	 	9	 
		
	 SECTION 201. Recitals by Company
	  	 	9	 
	 SECTION 202. Ratification and Incorporation of Original Indenture
	  	 	9	 
	 SECTION 203. Executed in Counterparts
	  	 	9	 
	 SECTION 204. Electronic Signatures
	  	 	9	 
	
	Exhibit A. Form of 3.125% Senior Note due October 15, 2052	  

	Exhibit B. Certificate of Authentication	  

  

	1 	 This Table of Contents does not constitute part of the Indenture or have any bearing upon the interpretation of
any of its terms or provisions. 

  
 -i- 

 THIS SIXTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) is made
as of the 4th day of October, 2021, by and between EVEREST REINSURANCE HOLDINGS, INC., a Delaware corporation, having its principal office at 100 Everest Way, Warren, New Jersey 07059 (the “Company”), and THE BANK OF NEW
YORK MELLON, as successor in interest to JPMorgan Chase Bank (formerly known as the Chase Manhattan Bank), a New York banking corporation, as Trustee (the “Trustee”). 

W I T N E S S E T H: 

WHEREAS, the Company has heretofore entered into an Indenture, dated as of March 14, 2000 (the “Original Indenture”),
with the Trustee; 
 WHEREAS, the Original Indenture is incorporated herein by this reference and the Original Indenture, as amended and
supplemented to the date hereof, including by this Supplemental Indenture, is herein called the “Indenture”; 
 WHEREAS, under the
Indenture, a new series of Securities may at any time be established in accordance with the provisions of the Indenture and the terms of such series may be described by a supplemental indenture executed by the Company and the Trustee; 

WHEREAS, the Company proposes to create under the Indenture a new series of Securities; 

WHEREAS, additional Securities of other series hereafter established, except as may be limited in the Indenture as at the time supplemented
and modified, may be issued from time to time pursuant to the Indenture as at the time supplemented and modified; and 
 WHEREAS, all
conditions necessary to authorize the execution and delivery of this Supplemental Indenture and to make it a valid and binding obligation of the Company have been done or performed. 

NOW, THEREFORE, in consideration of the agreements and obligations set forth herein and for other good and valuable consideration, the
sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 
 ARTICLE I 

3.125% Senior Notes due October 15, 2052 

SECTION 101. Establishment. 

There is hereby established a new series of Securities to be issued under the Indenture, to be designated as the Company’s 3.125% Senior
Notes due October 15, 2052 (the “Notes”). 
 There are to be authenticated and delivered $1,000,000,000 principal
amount of Notes (which shall initially be in the form of two or more Global Securities), and no further Notes shall be authenticated and delivered except as provided by Section 301(2), 303, 304, 305, 306, 906 or 1107 of the Original Indenture.
The Notes shall be issued in fully registered form without coupons. 

  
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 The Notes shall be in substantially the form set out in Exhibit A hereto, and the
form of the Trustee’s Certificate of Authentication for the Notes shall be in substantially the form set forth in Exhibit B hereto. 

Each Note shall be dated the date of authentication thereof and shall bear interest from the date of original issuance thereof or from the
most recent Interest Payment Date to which interest has been paid or duly provided for. 
 There shall be the following additions to the
covenants set forth in the Original Indenture with respect to the Notes, which shall be effective only so long as any of the Notes are Outstanding: 

Limitations on Sales of Restricted Subsidiaries’ Capital Stock. The Company shall not sell, transfer or otherwise dispose of any
shares of capital stock of a Restricted Subsidiary (other than directors’ qualifying shares or sales to Restricted Subsidiaries), and it shall not permit any Restricted Subsidiary to sell, transfer or otherwise dispose of any shares of capital
stock of any other Restricted Subsidiary (other than directors’ qualifying shares or sales or other transfers to the Company or to a Restricted Subsidiary), unless the entire capital stock of such Restricted Subsidiary at the time owned by the
Company and its Restricted Subsidiaries shall be disposed of at the same time for a consideration consisting of cash or other property, which, in the opinion of the Board of Directors of the Company, is at least equal to the fair value thereof. 

Limitations on Liens on Restricted Subsidiaries’ Capital Stock. The Company shall not, and it shall not permit any Restricted
Subsidiary at any time to, create, assume, incur or permit to exist any indebtedness secured by a pledge, lien or other encumbrance on the capital stock of any Restricted Subsidiary without making effective provision whereby the Notes then
Outstanding (and, if the Company so elects, any other indebtedness ranking on a parity with the Notes) shall be equally and ratably secured with such secured indebtedness so long as such other indebtedness shall be secured. 

For purposes of the Indenture, “Restricted Subsidiary” means a Subsidiary which is a regulated insurance company principally
engaged in one or more of the life, annuity, property and casualty insurance or reinsurance businesses; provided, however, that no such Subsidiary shall be a Restricted Subsidiary if (a) the total assets of such Subsidiary are
less than 10% of the total assets of the Company and its consolidated Subsidiaries (including such Subsidiary), in each case as set forth on the most recent fiscal year-end balance sheets of such Subsidiary
and the Company and its consolidated Subsidiaries, respectively, and computed in accordance with United States generally accepted accounting principles (“GAAP”), and (b) the total revenues of such Subsidiary are less than 10%
of the total revenues of the Company and its consolidated Subsidiaries (including such Subsidiary), in each case as set forth on the most recent fiscal year-end income statements of such Subsidiary and the
Company and its consolidated Subsidiaries, respectively, and computed in accordance with GAAP, unless, in each case, in the judgment of the Board of Directors, as evidenced by a Board Resolution, such Subsidiary is not material to the financial
condition of the Company and its consolidated Subsidiaries taken as a whole. 
 The preceding additional covenants are included in the
Original Indenture solely for the benefit of the Holders of the Notes, and for purposes of Sections 1009 and 1303 of the Original Indenture, shall be deemed covenants provided by Sections 301(19), 901(1) and 901(3) thereof for the benefit of such
Holders. 

  
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 SECTION 102. Definitions. 

The following defined terms used herein shall, unless the context otherwise requires, have the meanings specified below. Capitalized terms
used herein for which no definition is provided herein shall have the meanings set forth in the Original Indenture. 
 “Interest
Payment Dates” means April 15 and October 15 of each year, commencing April 15, 2022. 
 “Original Issue
Date” means October 4, 2021. 
 “Regular Record Date” means, with respect to each Interest Payment Date, the
close of business on the respective April 1 and October 1 (whether or not a Business Day) prior to such Interest Payment Date. 

“Stated Maturity” means October 15, 2052. 

SECTION 103. Payment of Principal and Interest. 

The principal of the Notes shall be due at Stated Maturity (unless earlier redeemed or repurchased). The unpaid principal amount of the Notes
shall bear interest at the rate of 3.125% per annum until paid or duly provided for, such interest to accrue from October 4, 2021 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall
be paid semi-annually in arrears on each Interest Payment Date to the Person or Persons in whose name the Notes are registered on the Regular Record Date for such Interest Payment Date; provided, however, that interest payable at the
Stated Maturity of principal or on a Redemption Date as provided herein shall be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for shall forthwith cease to be payable to the
Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee
(“Special Record Date”), notice whereof shall be given to Holders of the Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the
requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in the Original Indenture. 

Payments of interest on the Notes shall include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for
the Notes shall be computed and paid on the basis of a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on the Notes is not
a Business Day, then payment of the interest payable on such date shall be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay) with the same force and effect as if made on the
date the payment was originally payable. “Business Day” means a day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions in New York, New York are authorized or obligated by law or executive
order to remain closed. 

  
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 Notwithstanding anything to the contrary contained herein, installments of interest on the
Notes that are due and payable on an Interest Payment Date falling on or prior to a Redemption Date or repurchase date will be payable on such Interest Payment Date to the Holders as of the close of business on the Regular Record Date for such
Interest Payment Date. 
 Payment of principal of, premium, if any, and interest on the Notes shall be made in such coin or currency of the
United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of principal of, premium, if any, and interest on Notes represented by a Global Security shall be made by wire transfer of
immediately available funds to the Holder of such Global Security; provided, however, that in the case of payments of principal and premium, if any, such Global Security is first surrendered to the Paying Agent. If any of the Notes are
no longer represented by a Global Security, (i) payments of principal, premium, if any, and interest due at the Stated Maturity or on a Redemption Date shall be made at the office of the Paying Agent upon surrender of such Notes to the Paying
Agent and (ii) payments of interest shall be made, at the option of the Company, subject to such surrender where applicable, (A) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security
Register or (B) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least sixteen (16) days prior to the date for payment by the Person entitled
thereto. 
 SECTION 104. Denominations. 

The Notes shall be issued in denominations of $2,000 or any integral multiple of $1,000 in excess thereof. 

SECTION 105. Global Securities. 

The Notes shall initially be issued in the form of two or more Global Securities registered in the name of the Depositary (which initially
shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Notes represented by such Global Securities shall not be exchangeable for, and shall not otherwise be issuable as, Notes in definitive
form. The Global Securities described above may not be transferred except by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or to a successor Depositary or its
nominee. 
 Subject to the procedures of the Depositary, a Global Security shall be exchangeable for Notes registered in the names of
persons other than the Depositary or its nominee only if (i) the Depositary notifies the Trustee and the Company that it is no longer willing or able to properly discharge its responsibilities as a Depositary for such Global Security and no
qualified successor Depositary shall have been appointed by the Company within ninety (90) days of receipt by the Company of such notification, or if at any time the Depositary ceases to be a clearing agency registered under the Exchange Act at
a time when the Depositary is required to be so registered to act as such Depositary and no qualified successor Depositary shall have been appointed by the Company within ninety (90) days after it becomes aware of such cessation, (ii) the
Company executes and delivers to the Trustee a Company Order stating that the Company elects to terminate the book-entry system through the Depositary, or (iii) there shall have occurred and be continuing an Event of Default with respect to the
Global Security. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Notes as provided in the Original Indenture. 

  
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 SECTION 106. Redemption at the Option of the Company. 

The Notes shall be redeemable at the option of the Company, in whole or in part for cash, at any time (a “Redemption Date”)
prior to April 15, 2052 (the “Par Call Date”), at a Redemption Price equal to the greater of: 
 (i) 100% of the
principal amount of the Notes being redeemed; and 
 (ii) the sum of the present values of the remaining scheduled payments of principal and
interest thereon that would be due if the Notes being redeemed matured on the Par Call Date (exclusive of interest accrued to such Redemption Date), discounted to such Redemption Date on a semi-annual basis (assuming a
360-day year consisting of twelve 30-day months) at the Treasury Rate plus twenty (20) basis points, 

plus, in each case, accrued and unpaid interest on the principal amount being redeemed to such Redemption Date. 

At any time on or after the Par Call Date, the Company may redeem the Notes at a Redemption Price equal to 100% of the principal amount of
Notes being redeemed, plus accrued and unpaid interest on such Notes to the Redemption Date. 
 “Comparable Treasury Issue”
means the United States Treasury security selected by the Independent Investment Banker as having a maturity comparable to the remaining term of the Notes to be redeemed (assuming for this purpose, that the Notes mature on the Par Call Date) that
would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes (assuming for this purpose, that the Notes
mature on the Par Call Date). 
 “Comparable Treasury Price” means, with respect to any Redemption Date for the Notes, the
average of the Reference Treasury Dealer Quotations for the Redemption Date. 
 “Independent Investment Banker” means
either Citigroup Global Markets Inc. or Wells Fargo Securities, LLC, as selected by the Company and any successor firm or, if each firm is unwilling or unable to select the Comparable Treasury Issue, an independent investment banking institution of
national standing appointed by the Company. 
 “Reference Treasury Dealer” means Citigroup Global Markets Inc. and Wells
Fargo Securities, LLC and any two (2) other primary treasury dealers (as defined herein) selected by the Company; provided, however, that (i) if any of the foregoing shall cease to be a primary treasury dealer in U.S.
Government Securities (a “primary treasury dealer”), the Company will substitute another primary treasury dealer in its place and (ii) if the Company fails to select a substitute within a reasonable period of time, then the substitute
will be any other primary treasury dealer selected by the Company. 

  
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 “Reference Treasury Dealer Quotations” means, with respect to each
Reference Treasury Dealer and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the
Trustee by such Reference Treasury Dealer at 5:00 p.m. New York City time on the third (3rd) Business Day preceding such Redemption Date. 

“Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue, expressed as a percentage of its principal amount, equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate shall be calculated
on the third (3rd) Business Day preceding the Redemption Date. 
 Notwithstanding
Section 1104 of the Original Indenture, the notice of redemption with respect to the foregoing redemption need not set forth the Redemption Price or an estimate thereof, but only the manner of calculation thereof. 

The Company shall notify the Trustee of the Redemption Price with respect to the foregoing redemption promptly after the calculation thereof.
The Trustee shall not be responsible for calculating said Redemption Price. 
 The third paragraph of Section 1104 of the Original
Indenture shall be applicable to the foregoing redemption. 
 If less than all of the Notes are to be redeemed, the Trustee shall select the
Notes or portions of the Notes to be redeemed in accordance with the procedures of the Depository Trust Company. The Trustee may select for redemption Notes and portions of Notes in amounts of whole multiples of $1,000; provided, that the
unredeemed portion of any Note may not be less than $2,000. 
 The Notes shall not have a sinking fund. 

SECTION 107. Paying Agent. 

The Trustee shall initially serve as Paying Agent with respect to the Notes, with the Place of Payment initially being the Corporate Trust
Office. 
 SECTION 108. Events of Default. 

The following provisions shall govern the notes and supersede Sections 501 and 502 of the Original Indenture with respect to the Notes: 

“Event of Default”, wherever used herein with respect to the Notes or in the Original Indenture, means any one of the following
events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body): 
 (1) default in the payment of the principal of or any premium on any of the Notes when due; or 

  
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 (2) default in the payment of any interest upon any of the Notes within 30 days from the
date they become due; or 
 (3) default in the performance, or breach, of any covenant or warranty of the Company in the Indenture (other
than a covenant or warranty a default in whose performance or whose breach is elsewhere in the Indenture specifically dealt with or which has expressly been included in the Indenture solely for the benefit of series of Securities other than the
Notes), and continuance of such default or breach for a period of 60 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount
of the Outstanding Notes a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder, unless the Trustee, or the Trustee and the Holders of a principal
amount of Notes not less than the principal amount of Notes that gave such notice, as the case may be, shall agree in writing to an extension of such period prior to its expiration; or 

(4) a default under any (i) debt for any money borrowed by the Company (including a default with respect to Securities of any series
other than the Notes), (ii) mortgage, indenture or instrument (including the Indenture) under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by the Company, whether such indebtedness now
exists or shall hereafter be created, or (iii) guarantee of payment for money borrowed, which default shall have resulted in such indebtedness becoming or being declared due and payable prior to the date on which it would otherwise have become
due and payable, without such accelerated indebtedness having been discharged, or such acceleration having been rescinded or annulled, within a period of 10 days after there shall have been given, by registered or certified mail, to the Company by
the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Notes a written notice specifying such default and requiring the Company to cause such accelerated indebtedness to be discharged or
cause such acceleration to be rescinded or annulled, as the case may be, and stating that such notice is a “Notice of Default” hereunder; provided, however, that, subject to the provisions of Sections 601 and 602 of the Indenture, the
Trustee shall not be deemed to have knowledge of such default unless either (A) a Responsible Officer of the Trustee assigned to its Corporate Trust Office shall have actual knowledge of such default or (B) the Trustee shall have received
written notice thereof from the Company, from any Holder, from the holder of any such indebtedness or from the trustee under any such mortgage, indenture or other instrument, provided, further, a default shall exist under this clause only if the
aggregate principal amount outstanding under all such indebtedness that has become due prior to the date on which it would otherwise become due and payable exceeds $50,000,000; or 

(5) the entry by a court of competent jurisdiction of (A) a decree or order for relief in respect of the Company in an involuntary case
or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (B) a decree or order adjudging the Company as bankrupt or insolvent, or approving as properly filed a petition seeking
reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law, or appointing a custodian, receiver, liquidator, assignee,
trustee, sequestrator or other similar official of the Company or of any substantial part of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order for relief or any such other decree
or order unstayed and in effect for a period of 60 consecutive days; or 

  
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 (6) the commencement by the Company of a voluntary case or proceeding under any applicable
Federal or State bankruptcy, insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated as bankrupt or insolvent, or the consent by the Company to the entry of a decree or order for relief in respect of the
Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against the Company, or the
filing by the Company of a petition or answer or consent seeking reorganization or relief under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law, or the consent by it to the filing of such petition or to
the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of its property, or the making by it of an assignment for the benefit
of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due, or the authorization of any such action by the Board of Directors. 

If an Event of Default with respect to the Notes occurs and is continuing, then in every such case the Trustee or the Holders of not less than
25% in principal amount of the Outstanding Notes may declare the principal amount of all the Notes to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such
principal amount (or specified amount) shall become immediately due and payable. 
 At any time after such a declaration of acceleration
with respect to the Notes has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee, the Holders of a majority in principal amount of the Outstanding Notes, by written notice to the Company and the
Trustee, may rescind and annul such declaration and its consequences if 
 (1) the Company has paid or deposited with the Trustee a sum
sufficient to pay: 
 (A) all overdue interest on the Notes, 

(B) the principal of (and premium, if any, on) the Notes which have become due otherwise than by such declaration of
acceleration and any interest thereon at the rate or rates prescribed therefor in the Notes, 
 (C) to the extent that
payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed in the Notes, and 
 (D)
all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel; and 

  
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 (2) all Events of Default with respect to the Notes, other than the non-payment of the principal of the Notes which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 513 of the Indenture. 

No such rescission shall affect any subsequent default or impair any right consequent thereon. 

SECTION 109. Discharge and Defeasance. 

The provisions of Article Four of the Original Indenture shall be applicable to the Notes, provided that, with respect to the Notes only,
references in Article Four to the term “Securities” shall mean the Notes. 
 The provisions of Article Thirteen of the Original
Indenture, including Section 1302 and 1303, shall be applicable to the Notes. 
 ARTICLE II 

Miscellaneous Provisions 

SECTION 201. Recitals by Company. 

The recitals in this Supplemental Indenture are made by the Company only and not by the Trustee, and all of the provisions contained in the
Original Indenture in respect of the rights, privileges, immunities, powers and duties of the Trustee shall be applicable in respect of the Notes and this Supplemental Indenture as fully and with like effect as if set forth herein in full. 

SECTION 202. Ratification and Incorporation of Original Indenture. 

As supplemented hereby, the Original Indenture is in all respects ratified and confirmed, and the Original Indenture and this Supplemental
Indenture shall be read, taken and construed as one and the same instrument. 
 SECTION 203. Executed in Counterparts. 

This Supplemental Indenture may be executed in several counterparts, each of which shall be deemed to be an original, and such counterparts
shall together constitute but one and the same instrument. 
 SECTION 204. Electronic Signatures.  

The words “execution,” “signed,” “signature,” and words of like import in this Supplemental Indenture or in any
other certificate, agreement or document related to this Supplemental Indenture shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation, “pdf”, “tif”
or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and electronic records (including, without limitation, any contract or other record created,
generated, sent, communicated, received, or stored by electronic means) shall be 

  
 9 

 
of the same legal effect, validity and enforceability as a manually executed signature or use of a paper- based record-keeping system to the fullest extent permitted by applicable law, including
the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, and any other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions
Act or the Uniform Commercial Code. 

  
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 IN WITNESS WHEREOF, each party hereto has caused this instrument to be signed in its name
and behalf by its duly authorized officers, all as of the day and year first above written. 
  

			
	 EVEREST REINSURANCE HOLDINGS, INC.

		
	 By:
	 	 /s/ Mark Kociancic

	 Name:
	 	 Mark Kociancic

	 Title:
	 	 Executive Vice President and Chief Financial
Officer

  

			
	 Attest:
	 	 /s/ David E. Sigmon

	 Name:
	 	 David E. Sigmon

	 Title:
	 	 Assistant Secretary

 

			
	 THE BANK OF NEW YORK MELLON
as Trustee

		
	 By:
	 	 /s/ Francine Kincaid

	 Name:
	 	 Francine Kincaid

	 Title:
	 	 Vice President

 Signature Page to Sixth Supplemental Indenture] 

 Exhibit A 

Form of 
 3.125% Senior
Note due October 15, 2052 
 EVEREST REINSURANCE HOLDINGS, INC. 

3.125% Senior Note due October 15, 2052 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE
THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO EVEREST REINSURANCE HOLDINGS, INC. OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER,
PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
  

			
	 No.: R- 

CUSIP/ISIN  No.:  299808AJ4 / 

                
      US299808AJ43
	  	 Principal Amount: $                

 

  

			
	 Regular Record Date:
	  	close of business on the respective April 1 and October 1 (whether or not a Business Day) prior to the relevant Interest Payment Date.
	 Original Issue Date:
	  	 October 4, 2021

	 Stated Maturity:
	  	 October 15, 2052

	 Interest Payment Dates:
	  	 April 15 and October 15

	 Interest Rate:
	  	 3.125% per annum

	 Authorized Denomination:
	  	$2,000 or any integral multiple of $1,000 in excess thereof

 EVEREST REINSURANCE HOLDINGS, INC., a Delaware corporation (the “Company,” which term
includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to CEDE & CO., or registered assigns, the principal sum of
                 DOLLARS ($                ) on the Stated Maturity shown above and to
pay 

  
 A-1 

 
interest thereon from the Original Issue Date shown above, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on each
Interest Payment Date as specified above, commencing on April 15, 2022, and on the Stated Maturity and each Redemption Date at the rate per annum shown above (the “Interest Rate”) until the principal hereof is paid or made
available for payment and on any overdue principal and premium, if any, and on any overdue installment of interest. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date (other than an Interest Payment Date
that is the Stated Maturity or a Redemption Date) will, as provided in the Indenture, be paid to the Person in whose name this 3.125% Senior Note due October 15, 2052 (this “Security”) is registered on the Regular Record Date
as specified above next preceding such Interest Payment Date; provided, however, that any interest payable at Stated Maturity or on a Redemption Date will be paid to the Person to whom principal is payable. Except as otherwise provided
in the Indenture, any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security is registered at the close
of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than ten (10) days prior to such Special Record Date, or
be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Securities of this series shall be listed, and upon such notice as may be required by any such exchange, all as
more fully provided in the Indenture. 
 Payments of interest on this Security will include interest accrued to but excluding the respective
Interest Payment Dates. Interest payments for this Security shall be computed and paid on the basis of a 360-day year of twelve 30-day months. In the event that any date
on which interest is payable on this Security is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay)
with the same force and effect as if made on the date the payment was originally payable. “Business Day” means a day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions in New York, New York
are authorized or obligated by law or executive order to remain closed. 
 Payment of principal of, premium, if any, and interest on the
Securities of this series shall be made in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of principal of, premium, if any, and interest on Securities
of this series represented by a Global Security shall be made by wire transfer of immediately available funds to the Holder of such Global Security; provided, however, that in the case of payments of principal and premium, if any, such
Global Security is first surrendered to the Paying Agent. If any of the Securities of this series are no longer represented by a Global Security, (i) payments of principal, premium, if any, and interest due at the Stated Maturity or on a
Redemption Date shall be made at the office of the Paying Agent upon surrender of such Securities to the Paying Agent and (ii) payments of interest shall be made, at the option of the Company, subject to such surrender where applicable,
(A) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (B) by wire transfer at such place and to such account at a banking institution in the United States as may be
designated in writing to the Trustee at least sixteen (16) days prior to the date for payment by the Person entitled thereto. 

  
 A-2 

 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE
REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the
certificate of authentication hereon has been executed by the Trustee by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. Notwithstanding anything in this Security to
the contrary, the words “execution,” “signed,” “signature,” and words of like import in this Security or in any other certificate, agreement or document related to this Security, including, without limitation, the
Indenture, shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation, “pdf”, “tif” or “jpg”) and other electronic signatures (including,
without limitation, DocuSign and AdobeSign), so long as any electronic signature is a true representation of such signatory’s actual signature. The use of electronic signatures and electronic records (including, without limitation, any contract
or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the
fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, and any other applicable law, including, without limitation, any
state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code. 

  
 A-3 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed under its
corporate seal. 
  

			
	 Dated: October 4, 2021
	 	

 
			
	
	 EVEREST REINSURANCE HOLDINGS, INC.

		
	By:	 	 

 
			
	 Name:
	 	

			
		
	Attest:	 	 

			
	 Name:
	 	
	 Title:
	 	

  
 A-4 

 CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 

 

			
	 THE BANK OF NEW YORK MELLON
as Trustee

		
	By:	 	 

  
 A-5 

 (Reverse of Security) 

This Security is one of a duly authorized issue of Securities of the Company (the “Securities”), issued and issuable in one
or more series under an Indenture, dated as of March 14, 2000, (the “Senior Indenture”) as supplemented by the Sixth Supplemental Indenture dated as of October 4, 2021 (the “Supplemental Indenture” and
together with the Senior Indenture, the “Indenture”), between the Company and The Bank of New York Mellon, as successor in interest to JPMorgan Chase Bank (formerly known as the Chase Manhattan Bank), as Trustee (the
“Trustee,” which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitation of rights, duties
and immunities thereunder of the Company, the Trustee and the Holders of the Securities issued thereunder and of the terms upon which said Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on
the face hereof as 3.125% Senior Notes due October 15, 2052. The initial aggregate principal amount of such series is $1,000,000,000. Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in
the Indenture. 
 The Securities shall be redeemable at the option of the Company, in whole or in part for cash, at any time (a
“Redemption Date”) prior to April 15, 2052 (the “Par Call Date”), at a Redemption Price equal to the greater of (i) 100% of the principal amount of the Securities being redeemed; and (ii) the sum of the
present values of the remaining scheduled payments of principal and interest thereon that would be due if the Securities being redeemed matured on the Par Call Date (exclusive of interest accrued to such Redemption Date), discounted to such
Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus twenty (20) basis points, plus, in
either case, accrued and unpaid interest on the principal amount being redeemed to such Redemption Date. 
 At any time on or after the Par
Call Date, the Company may redeem the Securities at a Redemption Price equal to 100% of the principal amount of Securities being redeemed, plus accrued and unpaid interest on the Securities to the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by the Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities to be redeemed (assuming for this purpose, that the Securities mature on the Par Call Date) that would be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities (assuming for this purpose, that the Securities mature on the Par Call Date). 

“Comparable Treasury Price” means, with respect to any Redemption Date for the Securities, the average of the Reference
Treasury Dealer Quotations for the Redemption Date. 
 “Independent Investment Banker” means either Citigroup Global
Markets Inc. or Wells Fargo Securities, LLC, as selected by the Company and any successor firm or, if each firm is unwilling or unable to select the Comparable Treasury Issue, an independent investment banking institution of national standing
appointed by the Company. 

  
 A-6 

 “Reference Treasury Dealer” means Citigroup Global Markets Inc. and Wells
Fargo Securities, LLC and any two (2) other primary treasury dealers (as defined herein) selected by the Company; provided, however, that (i) if any of the foregoing shall cease to be a primary treasury dealer in U.S.
Government Securities (a “primary treasury dealer”), the Company will substitute another primary treasury dealer in its place and (ii) if the Company fails to select a substitute within a reasonable period of time, then the substitute
will be any other primary treasury dealer selected by the Company. 
 “Reference Treasury Dealer Quotations” means, with
respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in
writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m. New York City time on the third (3rd) Business Day preceding such Redemption Date. 

“Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue, expressed as a percentage of its principal amount, equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate shall be calculated
on the third (3rd) Business Day preceding the Redemption Date. 
 Notice of any
redemption by the Company will be mailed at least 30 days but not more than 60 days before any Redemption Date to each Holder of Securities of this series to be redeemed. If less than all the Securities of this series are to be redeemed at the
option of the Company, the Trustee shall select, in accordance with the procedures of the Depository Trust Company, the Securities of this series to be redeemed in whole or in part. The Trustee may select for redemption Securities of this series and
portions of Securities of this series in amounts of whole multiples of $1,000; provided, that the unredeemed portion of any Security of this series may not be less than $2,000. 

In the event of redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed
portion will be issued in the name of the Holder hereof upon the cancellation hereof. 
 Unless the Company defaults in payment of the
Redemption Price, on or after the Redemption Date, interest will cease to accrue on the Securities or portions of the Securities called for redemption. 

If an Event of Default with respect to the Securities of this series shall occur and be continuing, the principal of the Securities of this
series may be declared due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series to be affected under the Indenture
at any time by the Company and the Trustee with the consent of the Holders of not less than a majority in principal amount of the Securities of each series affected thereby at the time Outstanding. The Indenture contains provisions permitting the
Holders of not less than a majority in principal amount of the Securities 

  
 A-7 

 
of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past
defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the
registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the
Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the
Security Registrar and duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series, of authorized denominations and of like tenor and for the same aggregate principal
amount, will be issued to the designated transferee or transferees. No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge payable in connection therewith. 
 As provided in and subject to the provisions of the Indenture, the Holder of this Security shall
not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a
continuing Event of Default with respect to the Securities of this series, the Holders of not less than a majority in principal amount of the Outstanding Securities of this series shall have made written request to the Trustee to institute
proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Outstanding Securities of this series a direction
inconsistent with such request and shall have failed to institute any such proceeding for sixty (60) days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this
Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

The Indenture contains provisions for defeasance at any time of the entire indebtedness of the Securities of this series and for covenant
defeasance at any time of certain covenants in the Indenture upon compliance with certain conditions set forth in the Indenture. 
 Prior to
due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes, whether or not
this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

  
 A-8 

 The Securities of this series are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As provided in the Indenture and subject to the limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of
Securities of this series of a different authorized denomination, as requested by the Holder surrendering the same upon surrender of the Security or Securities to be exchanged at the office or agency of the Company. 

This Security shall be governed by, and construed in accordance with, the internal laws of the State of New York, without regard to conflict
of laws principles thereof. 

  
 A-9 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according
to applicable laws or regulations: 
  

									
	UNIF GIFT MIN ACT —	  	  
	  	Custodian	 	  

		  	(Cust)	  		 	(Minor)
				
		  	under Uniform Gift to Minors	  		 	
				
		  	Act
                                         
                                         
  	  		 	
		  	(State)	  		 	

									
				
		  	TEN COM	  	–  	  	as tenants in common
		  	TEN ENT	  	–  	  	as tenants by the entireties
		  	JT TEN	  	–  	  	as joint tenants with right of survivorship and not as tenants in common
	Additional abbreviations may also be used though not in the above list.

 FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto ______________ (please insert Social Security or other
identifying number of assignee) 
  

	
	
	 
	
	 
	
	 

 PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE 

the within Security and all rights thereunder, hereby irrevocably constituting and appointing ____________________ agent to transfer said Security on the books
of the Company, with full power of substitution in the premises. 
  

			
	Dated: ____________________	  	 By:
                                         
                                         
                  
 NOTICE: The signature to this assignment
must correspond with the name as written upon the face of the within instrument in every particular without alteration or enlargement, or any change whatever.

  
 A-10 

 Exhibit B 

CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. 

 

			
	 THE BANK OF NEW YORK MELLON
as Trustee

		
	By:	 	  

		 	Authorized Officer

  
 B-1

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