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EXHIBIT 10.69
TERMINATION OF CONSULTING AGREEMENT
THIS AGREEMENT is made as of October 1, 1998, by and between Xxxx X.
Xxxxx ("Xxxxx") and ALLIED Group, Inc. ("AGI"), ALLIED Life Financial
Corporation ("ALFC"), and Nationwide Mutual Insurance Company, a successor
company to ALLIED Mutual Insurance Company ("Mutual").
WHEREAS, Xxxxx and AGI, ALFC and Mutual entered into a Consulting
Agreement dated December 14, 1994, as amended December 18, 1994 and May 13, 1997
(the "Consulting Agreement") setting forth the services Xxxxx was to render to
AGI, ALFC and Mutual following his retirement; and
WHEREAS, the parties desire to waive the termination provision set
forth in the Agreement and desire to mutually terminate said Agreement;
NOW, THEREFORE, in consideration of the foregoing, and of the mutual
covenants set forth below and other valuable consideration, the receipt of which
is hereby acknowledged, the parties agree as follows:
Effective October 1, 1998, Xxxxx, AGI, ALFC, and Mutual agree to
terminate the Consulting Agreement and hereby release the others from all
claims, obligations and rights any may have or may have in the future against
any other party to the Consulting Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year above first written.
___________________________________ Date:____________
Xxxx X. Xxxxx
Nationwide Mutual Insurance Company
By:________________________________ Date:____________
ALLIED Group, Inc.
By:________________________________ Date:____________
Xxxxxxx X. Xxxxxxxx, President
ALLIED Life Financial Corporation
By:________________________________ Date:____________
Xxxxxx X. Xxxxx, President
