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ASPEN INSURANCE HOLDINGS LTD FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 28, 2014, Mr. Christopher O'Kane, the Chief Executive Officer of Aspen Insurance Holdings Limited ("Aspen"), Aspen Insurance UK Services Limited ("Aspen UK") and Aspen (collectively, the "Parties") entered into an Amendment Agreement (the "Amendment Agreement") to remove Section 15.2(b)(ii) of the Amended and Restated Service Agreement, dated as of September 24, 2004 (the "Service Agreement") between the Parties (as filed with the Securities and Exchange Commission as Exhibit 10.1 to Aspen's Current Report on Form 8-K on September 24, 2014 and incorporated herein by reference). Pursuant to Section 15.2(b)(ii) of the Service Agreement, Mr. O'Kane would have been entitled to an additional payment from Aspen UK if any excise tax was imposed under the Internal Code of 1986, as amended, with respect to any payment received by Mr. O'Kane in connection with a termination of his employment by Aspen UK without cause or by Mr. O'Kane with good reason within six months prior to a change in control or two years after a change in control. This summary is qualified in its entirety by reference to the Amendment Agreement, which is attached hereto as Exhibit 10.1. Item 9.01 - Financial Statements and Exhibits (d) The following exhibit is furnished under Item 5.02 of this report: 10.1 Amendment Agreement, dated October 28, 2014, between Mr. Christopher O'Kane, Aspen Insurance UK Services Limited and Aspen Insurance Holdings Limited 2-------------------------------------------------------------------------------- |