PERSONAL AND CONFIDENTIAL December 15, 2006 Michael Peninger Assurant Employee Benefits Kansas City, MO 64108 Re: Extension of Change in Control Severance Agreement Dear Michael,
EXHIBIT 10.15
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PERSONAL AND CONFIDENTIAL
December 15, 2006
Xxxxxxx Xxxxxxxx
Assurant Employee Benefits
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Xxxxxx Xxxx, XX 00000
Re: Extension of Change in Control Severance Agreement
Dear Xxxxxxx,
You are presently covered by a Change in Control Severance Agreement (“CIC Agreement”) with Assurant, Inc. (the “Company”) that may provide certain benefits to you in the event that a Change in Control (as defined in the CIC Agreement) occurs. The CIC Agreement, as amended, was due to expire on December 31, 2006.
As permitted by Section 1(a) of the CIC Agreement, the Compensation Committee of the Board of Directors has authorized the Company to extend the term of the CIC Agreement for two years, through December 31, 2008.
As always, we appreciate your dedication to Assurant. If you have any questions or concerns, please feel free to contact me.
Sincerely, |
/s/ Xxxxxx X. Xxxxxxx |
Xxxxxx X. Xxxxxxx |
Chief Executive Officer |
In New York state, Assurant, Inc. does business under the name Assurant Group.