Common Contracts
1 similar Change of Control Agreement contracts
ContractChange of Control Agreement • May 5th, 2020 • Michigan
<DOCUMENT> <TYPE>EX-10.16 <SEQUENCE>4 <FILENAME>a2042598zex-10_16.txt <DESCRIPTION>EX-10.16 <TEXT> <PAGE> CHANGE OF CONTROL AGREEMENT This Change of Control Agreement ("Agreement") is between MEEMIC Insurance Company, a Michigan corporation (the "Company"), MEEMIC Holdings, Inc., a Michigan corporation ("Holdings"), and Christine C. Schmitt ("Executive"). WHEREAS the Executive is rendering valuable services to the Company and the Company desires to be assured that the Executive will continue rendering such services; and WHEREAS, the Company is a wholly-owned subsidiary of Holdings, and Holdings desires to participate in this Agreement to strengthen the management of the Company; and WHEREAS the Executive is willing to continue to serve in an at-will employment relationship but desires assurance that Executive will be protected in the event of a change of control; NOW, THEREFORE, in consideration of the mutual covenants and promises in this Agreement, the sufficiency of which is hereby
