EMPLOYMENT AGREEMENTEmployment Agreement • February 25th, 2010 • Proassurance Corp • Fire, marine & casualty insurance • Delaware
In no event shall a Change of Control be deemed to have occurred, with respect to Executive, if the Executive is part of a purchasing group which consummates a Change of Control Transaction. The Executive shall be deemed “part of a purchasing group” for purposes of the preceding sentence if the Executive is an equity participant or has agreed to become an equity participant in the purchasing company or group (except for ownership of less than 5% of the stock of the purchasing company).
