0000950137-05-005687 Sample Contracts

CNA Financial Corporation 2000 Incentive Compensation Plan
Award Agreement • May 10th, 2005 • Cna Financial Corp • Fire, marine & casualty insurance • Illinois

provided, however, that for purposes of clauses (ii) and (iii), Cause shall not include any one or more of the following: bad judgment, negligence or any act or omission believed by the Grantee in good faith to have been in or not opposed to the interest of the Company (without intent of the Grantee to gain, directly or indirectly, a profit to which the Grantee was not legally entitled). A Grantee who agrees to resign from his affiliation with the Company or a Subsidiary in lieu of being terminated for Cause may be deemed to have been terminated for Cause for purposes of this Plan.

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