PMA CAPITAL CORPORATION EXECUTIVE DEFERRED COMPENSATION PLAN (As Amended and Restated Effective January 1, 1999) MARCH 2001Plan Adoption Agreement • May 14th, 2001 • Pma Capital Corp • Fire, marine & casualty insurance • Pennsylvania
WHEREAS, PMA CAPITAL CORPORATION, a Pennsylvania corporation (the “Plan Sponsor”) (then known as the Pennsylvania Manufacturers Corporation) and certain of its affiliated employers adopted the PMA CAPITAL CORPORATION EXECUTIVE DEFERRED COMPENSATION PLAN (the “Plan”) (then known as the PMC Executive Deferred Compensation Plan) originally effective February 1, 1988, to permit their eligible executives to defer receipt of a portion of their annual compensation, provided such executives are members of a select group of management and highly compensated employees within the meaning of Section 201(2) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”); and
