0001104659-04-038024 Sample Contracts

RETENTION AGREEMENT
Retention Agreement • December 1st, 2004 • 21st Century Insurance Group • Fire, marine & casualty insurance • California

This Agreement between Lawrence P. Bascom (“you”) and 21st Century Insurance Group and its subsidiary, 21st Century Insurance Company (hereinafter collectively referred to as the “Company”) has been entered into as of 11/29/2004. This Agreement promises you severance benefits if you are terminated without Cause or resign for Good Reason during the Term of this Agreement. Capitalized terms are defined in the last section of this Agreement.

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