These excerpts taken from the MRH 10-K filed Feb 28, 2008.
(a) No Right to Nomination. Nothing contained in this Plan shall confer upon any Director the right to be nominated for re-election to the Board.
(b) Withholding. The Company shall have the right to deduct from any award under this Plan any federal, state or local income or other taxes required by law to be withheld with respect to such award, as it may deem necessary or appropriate, in its sole discretion.
(c) Other Tax Considerations. Any Participant who is a taxpayer in a jurisdiction in which Share Units would be taxable upon
issuance will receive an award of Shares under this Plan in lieu of Share Units.
(d) Governing Law. This Plan shall be governed by and construed in accordance with the laws of Bermuda, without regard to conflicts of laws principles.