EXHIBIT 4 FAMILY STOCKHOLDER SUPPLEMENTARY AGREEMENT FAMILY STOCKHOLDER SUPPLEMENTARY AGREEMENT, dated as of April 21, 1997, among the stockholders listed on the signature pages hereof (each a "Stockholder" and collectively the "Stockholders")....
EXHIBIT 4
FAMILY STOCKHOLDER SUPPLEMENTARY AGREEMENT
FAMILY STOCKHOLDER SUPPLEMENTARY AGREEMENT, dated as of April 21, 1997,
among the stockholders listed on the signature pages hereof (each a
"Stockholder" and collectively the "Stockholders").
WHEREAS, each Stockholder is the owner of shares of common stock, par value
$1.00 per share, of Provident Companies, Inc. ("Company Common Stock");
NOW, THEREFORE, in consideration of the foregoing and the respective
agreements set forth herein, the parties hereby agree as follows:
1. Unsolicited Purchase Offer. Each Stockholder (a "Notifying Stockholder")
agrees that, in the event that it receives an unsolicited purchase offer from
Zurich Insurance Company or any other purchaser that it intends to accept, in
either case seeking to acquire more than $250,000 of Company Common Stock, it
shall use reasonable efforts to promptly notify all other Stockholders, by
telephone or other oral or written communication, specifying the number of
shares of Company Common Stock that the purchaser has offered to purchase and
the amount of consideration offered per share, and shall use its reasonable
efforts to permit the other Stockholders to participate with the Notifying
Stockholder in a sale of Company Common Stock to the purchaser. In the event
that one or more other Stockholders decides to participate in such a sale (each
such Stockholder and the Notifying Stockholder individually an "Interested
Seller" and collectively the "Interested Sellers") and the aggregate number of
shares of Company Common Stock that all such Interested Sellers desire to sell
exceeds the purchaser's offer, the number of shares of Company Common Stock to
be sold by each Interested Seller will be in the same proportion that the number
of shares offered for sale by each Interested Seller bears to the total number
of shares offered for sale by all Interested Sellers, so that the resultant
aggregate number of shares to be offered for sale shall be equal to the
purchaser's offer.
2. Initiating a Sale. Notwithstanding the provisions of paragraph 1 of this
Agreement, any Stockholder may initiate and consummate a sale of Company Common
Stock to any person.
3. Termination. This Agreement shall terminate upon the termination of the
Family Stockholder Agreement.
4. Miscellaneous.
(a) Entire Agreement. This Agreement constitutes the entire agreement and
understanding among the parties hereto and supersedes all prior agreements and
understandings, written or oral, with respect to the subject matter hereof.
(b) Amendments; Waivers. This Agreement may be amended or modified, and any
of the terms, covenants or conditions hereof may be waived, only by a written
instrument executed by the parties hereto, or in the case of a waiver, by the
party waiving compliance. Any waiver by any party of any condition, or of the
breach of any provision, term or covenant contained in this Agreement, in any
one or more instances, shall not be deemed to be nor construed as furthering or
continuing waiver of any such condition, or of the breach of any other
provision, term or covenant of this Agreement.
(c) Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Tennessee, without giving effect to
conflicts of laws principles thereof.
(d) Counterparts. This Agreement may be executed in counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one instrument.
[Remainder of page intentionally blank]
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FSS-1
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.
/s/Xxxx X. Xxxxxxxxx, Xx.
-------------------------
Xxxx X. Xxxxxxxxx, Xx.
/s/Xxxxxxxx X. Xxxxxxxxx
------------------------
Xxxxxxxx X. Xxxxxxxxx
/s/Xxxxxxxxx X. Xxxxxxx
-----------------------
Xxxxxxxxx X. Xxxxxxx
[Note: Certain signature pages not containing Xxx. Xxxxxxx'x signature have
been omitted from this filing.]
FSS-2
THE X.X. XXXXXXXXX TRUST FOR THE
X.X. XXXXXXXXX FAMILY (#2151)
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxxxx X. Xxxxxxxxx
------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx Xxxxxx, Xx.
-----------------------
Name: Xxxxxx Xxxxxx, Xx.
Title: Trustee
FSS-3
THE X.X. XXXXXXXXX TRUST FOR THE
X.X. XXXXXXXXX FAMILY TRUST
(#215109)
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxxxx X. Xxxxxxxxx
------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx Xxxxxx, Xx.
-----------------------
Name: Xxxxxx Xxxxxx, Xx.
Title: Trustee
FSS-4
THE X.X. XXXXXXXXX TRUST FOR THE
XXXX X. XXXXXXXXX, XX. FAMILY
(#2152)
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx X. XxXxxxxx, III
----------------------------
Name: Xxxxxx X. XxXxxxxx, III
Title: Trustee
FSS-5
THE X.X. XXXXXXXXX TRUST FOR THE
H.O. XXXXXXXXX, SR. FAMILY (#215209)
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx X. XxXxxxxx, III
----------------------------
Name: Xxxxxx X. XxXxxxxx, III
Title: Trustee
FSS-6
THE XXXX X. XXXXXXXXX TRUST FOR
THE X.X. XXXXXXXXX FAMILY (#2155)
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxxxx X. Xxxxxxxxx
------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx Xxxxxx, Xx.
-----------------------
Name: Xxxxxx Xxxxxx, Xx.
Title: Trustee
FSS-7
THE XXXX X. XXXXXXXXX TRUST FOR
THE X.X. XXXXXXXXX FAMILY (#215509)
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxxxx X. Xxxxxxxxx
------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx Xxxxxx, Xx.
-----------------------
Name: Xxxxxx Xxxxxx, Xx.
Title: Trustee
FSS-8
THE XXXX X. XXXXXXXXX TRUST FOR
THE XXXX X. XXXXXXXXX, XX. FAMILY
(#2156)
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx X. XxXxxxxx, III
----------------------------
Name: Xxxxxx X. XxXxxxxx, III
Title: Trustee
FSS-9
THE XXXX X. XXXXXXXXX TRUST FOR
THE H.O. XXXXXXXXX, SR. FAMILY
(#215609)
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
By/s/Xxxxxx X. XxXxxxxx, III
----------------------------
Name: Xxxxxx X. XxXxxxxx, III
Title: Trustee
FSS-10
THE X.X. XXXXXXXXX TRUST FOR THE
XXXXXXXXX FOUNDATION, INC. (#2150)
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/X.X. Xxxx, Xx.
-------------------
Name: X.X. Xxxx, Xx.
Title: President
By/s/Xxxxxx Xxxxxx
------------------
Name: Xxxxxx Xxxxxx
Title: Trustee
FSS-12
THE XXXXXXXXX FOUNDATION
By/s/Xxxxxxxx X. Xxxxxxxxx
--------------------------
Name: Xxxxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxx X. Xxxxx
-------------------
Name: Xxxxx X. Xxxxx
Title: Trustee
By/s/G. Xxxxxxx Xxxxxxxxx
-------------------------
Name: G. Xxxxxxx Xxxxxxxxx
Title: Trustee
By/s/Xxxxxx X. Xxxxxxxxx
------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxxxxx X. Blue
-------------------
Name: Xxxxxx X. Blue
Title: Trustee
By/s/A.S. (Xxx) MacMillan
-------------------------
Name: A.S. (Xxx) MacMillan
Title: Trustee
FSS-14
THE XXXX AND XXXXXXXXX
XXXXXXXXX CHARITABLE TRUST
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxxxx X. Xxxxxxx
---------------------
Name: Xxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxxx X. Xxxxx
-------------------
Name: Xxxxx X. Xxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-16
ESTATE OF XXXX X. XXXXXXXXX, XX.
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Executor
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Executor
By/s/A.S. (Xxx) MacMillan
-------------------------
Name: A.S. (Xxx) MacMillan
Title: Executor
/s/Xxxx X. Xxxxxxxxx, Xx.
-------------------------
Xxxxxxxxx X. Xxxxxxxxx
By Xxxx X. Xxxxxxxxx, Xx.,
Attorney-in-fact
FSS-17
TRUST OF X.X. XXXXXXXXX DATED 6/2/52
FOR THE PRIMARY BENEFIT OF
XXXXXXXXX X. XXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By U.S. Trust Company of Florida,
Trustee
By/s/Xxxxxx E.N. Xxxxxx
-----------------------
Name: Xxxxxx E.N. Xxxxxx
Title: Regional President
TRUST OF X.X. XXXXXXXXX DATED 6/2/52
FOR H.O. XXXXXXXXX, JR.
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
FSS-18
TRUST OF H.O. XXXXXXXXX, SR. FOR
THE BENEFIT OF GREAT GRANDCHILDREN
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
FSS-27
IRREVOCABLE INSURANCE TRUST OF
XXXX X. XXXXXXXXX, XX. DATED 1/31/67
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
THE H.O. XXXXXXXXX, SR. CHARITABLE
INC. TRUST DATED 11/29/83 FOR THE
BENEFIT OF XXXXXXXXX XXXXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxxxxxxx X. Xxxxxxxxx
Title: Trustee
By Xxxx X. Xxxxxxxxx, Xx.,
Attorney-in-fact
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-28
CHARITABLE INCOME (LEAD) TRUST U/A
XXXX X. XXXXXXXXX, XX. DATED
12/31/76 FOR THE BENEFIT OF
XXXXXXXXXXX X. XXXXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-29
CHARITABLE INCOME (LEAD) TRUST U/A
H.O. XXXXXXXXX, SR. DATED 12/31/76
FOR THE BENEFIT OF XXXXXXXXX X.
XXXXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-30
CHARITABLE INCOME (LEAD) TRUST U/A
H.O. XXXXXXXXX, SR. DATED 12/31/76
FOR THE BENEFIT OF XXXXXX X.
XXXXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-31
CHARITABLE INCOME (LEAD) TR U/A H.O.
XXXXXXXXX, SR. DATED 12/31/76 FOR
THE BENEFIT OF XXXXXXXXX XXXXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-37
H.O. XXXXXXXXX SENIOR TRUST DATED
9/8/72 FOR THE BENEFIT OF XXXXXXX X.
XXXXXXX, XX.
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By NationsBank,
Trustee
By/s/Xxxxx X. Xxxxxx
--------------------
Name: Xxxxx X. Xxxxxx
Title: Executive Vice President-
Trust
H.O. XXXXXXXXX SENIOR TRUST DATED
9/8/72 FOR THE BENEFIT OF XXXXXX X.
XXXXXXX
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By NationsBank,
Trustee
By/s/Xxxxx X. Xxxxxx
--------------------
Name: Xxxxx X. Xxxxxx
Title: Executive Vice President-
Trust
FSS-38
CHARITABLE INCOME (LEAD) TRUST U/A
H.O. XXXXXXXXX SENIOR TRUST DATED
12/31/76 FOR THE BENEFIT OF
XXXXXXX X. XXXXXXX, XX.
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-39
CHARITABLE INCOME (LEAD) TRUST U/A
H.O. XXXXXXXXX SENIOR DATED 12/31/76
FOR THE BENEFIT OF XXXXXX
XXXXXXXXX XXXXXXX
By/s/Xxxx X. Xxxxxxxxx, Xx.
---------------------------
Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Trustee
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxx X. Xxxxxxxx
--------------------
Name: Xxx X. Xxxxxxxx
Title: Trustee
By/s/Xxxx X. Xxxxxxx
--------------------
Name: Xxxx X. Xxxxxxx
Title: Trustee
FSS-40
TRUST U/A H.O. XXXXXXXXX SENIOR
DATED 12/9/48 FOR THE BENEFIT
OF XXXXXXXXX X. XXXXXXX
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By SunTrust Bank, Chattanooga N.A.,
Trustee
By/s/Xxxxxxx Xxxxxxx
--------------------
Name: Xxxxxxx Xxxxxxx
Title: V.P. & Sr. Trust Officer
FSS-41
XXXXXXXXX X. XXXXXXX AND XXXXXXX X.
XXXXXXX, XX. TRUSTEES FOR THE
BENEFIT OF XXXXXXX X. XXXXXXX, XX.
DATED 1/26/96
By/s/Xxxxxxxxx X. Xxxxxxx
-------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Trustee
By/s/Xxxxxxx X. Xxxxxxx, Xx.
----------------------------
Name: Xxxxxxx X. Xxxxxxx, Xx.
Title: Trustee
/s/Xxxxxxx X. Xxxxxxx, Xx.
--------------------------
Xxxxxxx X. Xxxxxxx, Xx.
IRREVOCABLE TRUST DATED 12/3/64 OF
H.O. XXXXXXXXX, SR. FOR THE BENEFIT
OF XXXXXX XXXXXXXXX XXXXXXX
By/s/Xxxxxxx X. Xxxxxxx, Xx.
----------------------------
Name: Xxxxxxx X. Xxxxxxx, Xx.
Title: Trustee
IRREVOCABLE TRUST DATED 6/1/62 OF
H.O. XXXXXXXXX, SR. FOR THE BENEFIT
OF XXXXXXX X. XXXXXXX, XX.
By/s/Xxxxxxx X. Xxxxxxx, Xx.
----------------------------
Name: Xxxxxxx X. Xxxxxxx, Xx.
Title: Trustee
