RELEASE AND SEVERANCE COMPENSATION AGREEMENTRelease and Severance Compensation Agreement • November 14th, 2001 • Meemic Holdings Inc • Fire, marine & casualty insurance • Michigan
THIS RELEASE AND SEVERANCE COMPENSATION AGREEMENT (the “Agreement”) is between ProAssurance Corporation, a Delaware corporation (“ProAssurance”), MEEMIC Insurance Company, a Michigan insurance company (“MEEMIC Insurance”), MEEMIC Holdings, Inc., a Michigan corporation (“MEEMIC Holdings”) and William P. Sabados, an individual (the “Executive”). ProAssurance, MEEMIC Insurance, and MEEMIC Holdings and their respective majority-owned subsidiaries are hereinafter collectively referred to as the “Companies.”
