THIRD AMENDMENT TO THE PROGRESSIVE CORPORATION EXECUTIVE DEFERRED COMPENSATION TRUST (November 8, 2002, Amendment and Restatement)Trust Agreement • February 27th, 2008 • Progressive Corp/Oh/ • Fire, marine & casualty insurance
THIS THIRD AMENDMENT, dated and effective as of the second day of January, 2008, except as otherwise set forth herein, by and between Fidelity Management Trust Company (the “Trustee”) and The Progressive Corporation (“Company”);
NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • February 27th, 2008 • Progressive Corp/Oh/ • Fire, marine & casualty insurance
This Agreement (the “Agreement”) is made as of the ___ day of ______, 200___ between The Progressive Corporation, an Ohio corporation (the “Company”), and NAME (the “Optionee”). The Company hereby grants Optionee an option (the “Option”) to purchase TOTAL_SHARES Common Shares, $1.00 par value, (the “Common Shares”) of the Company for a purchase price of $______ per share (the “Option Price”). The Option has been granted pursuant to The Progressive Corporation 1995 Incentive Plan (the “Plan”) and shall include and be subject to all provisions of the Plan, which are hereby incorporated herein by reference, and shall be subject to the following provisions of this Agreement:
