INCORPORATED TERMS DATED AS OF _________, 2018 TO KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENTKey Executive Employment and Severance Agreement • February 22nd, 2019 • Mgic Investment Corp • Surety insurance • Wisconsin
The following are the “Incorporated Terms” referred to in the instrument entitled “Key Executive Employment and Severance Agreement” which refers to these Incorporated Terms and which has been signed by the Company and the Employee (the “Base Instrument”). The Incorporated Terms and the Base Instrument constitute a single agreement and that agreement consists of the Base Instrument and the Incorporated Terms. The Incorporated Terms dovetail with the Base Instrument; because the last section of the Base Instrument is Section 1, the Incorporated Terms begin with Section 2.
AGREEMENT NOT TO COMPETEAgreement Not to Compete • February 22nd, 2019 • Mgic Investment Corp • Surety insurance
As a condition to and in consideration of the award by MGIC Investment Corporation (the “Company”) of Restricted Stock Units (“RSUs”) pursuant to the 2015 Omnibus Incentive Plan, to the individual signing or otherwise agreeing to this Agreement Not to Compete (“Employee”), Employee agrees as follows:
INCORPORATED TERMS DATED AS OF JANUARY 22, 2018 TO RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • February 22nd, 2019 • Mgic Investment Corp • Surety insurance • Wisconsin
The following are the “Incorporated Terms” referred to in the instrument entitled “Restricted Stock Unit Agreement” which refers to these Incorporated Terms and which has been signed by the Company and the Employee (the “Base Instrument”). The Incorporated Terms and the Base Instrument constitute a single agreement. The Incorporated Terms dovetail with the Base Instrument; because the last section of the Base Instrument is Section 1, the Incorporated Terms begin with Section 2.
RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • February 22nd, 2019 • Mgic Investment Corp • Surety insurance
THIS RESTRICTED STOCK UNIT AGREEMENT is made and entered into as of the date indicated on the signature page under “Date of Agreement” by and between MGIC Investment Corporation, a Wisconsin corporation (the “Company”), and the employee of Mortgage Guaranty Insurance Corporation (“MGIC”), or one of its subsidiaries, whose signature is set forth on the signature page hereto (the “Employee”).
KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENTKey Executive Employment and Severance Agreement • February 22nd, 2019 • Mgic Investment Corp • Surety insurance
THIS AGREEMENT is made and entered into as of the ____ day of _____, 2018, by and between MGIC Investment Corporation, a Wisconsin corporation (hereinafter referred to as the “Company”), and the person whose name appears on the signature page hereof (hereinafter referred to as the “Executive”).
