Common Contracts
2 similar Retention Agreement contracts by State Auto Financial CORP
EX-10.61 2 dex1061.htm RETENTION AGREEMENT BETWEEN STATE AUTO AND STEVEN E. ENGLISH Dear Mr. Steven E. English: The purpose of this letter is to confirm our understanding with respect to the disposition of your rights under your Termination Benefits...Retention Agreement • May 5th, 2020
This Retention Payment will be paid to you in the form of $350,000 in cash and $100,000 in options. The $350,000 will be paid to you in five annual payments of $70,000. The first $70,000 payment will be made on June 1, 2004. It is understood that your base salary of $150,000 will not be reduced during the term of the five annual cash installments, by virtue of the Retention Payment installments.
Dear Mr. Steven E. English: The purpose of this letter is to confirm our understanding with respect to the disposition of your rights under your Termination Benefits Agreement with Meridian Insurance Group, Inc (the “Agreement”). By signing this...Retention Agreement • May 8th, 2007 • State Auto Financial CORP • Fire, marine & casualty insurance
This Retention Payment will be paid to you in the form of $350,000 in cash and $100,000 in options. The $350,000 will be paid to you in five annual payments of $70,000. The first $70,000 payment will be made on June 1, 2004. It is understood that your base salary of $150,000 will not be reduced during the term of the five annual cash installments, by virtue of the Retention Payment installments.
