Release and Severance Compensation Agreement Sample Contracts

RECITALS:
Release and Severance Compensation Agreement • March 2nd, 2006 • Proassurance Corp • Fire, marine & casualty insurance • Michigan
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RELEASE AND SEVERANCE COMPENSATION AGREEMENT
Release 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.”

RELEASE AND SEVERANCE COMPENSATION AGREEMENT
Release and Severance Compensation Agreement • February 28th, 2008 • Proassurance Corp • Fire, marine & casualty insurance • Delaware

THIS RELEASE AND SEVERANCE COMPENSATION AGREEMENT (the “Agreement”) is made and entered into effective January 1, 2008 (the “Effective Date”) between and among ProAssurance Group Services Corporation, an Alabama corporation, and ProAssurance Corporation, a Delaware corporation (“ProAssurance”), and , an individual (the “Executive”). ProAssurance and its direct and indirect subsidiaries are hereinafter collectively referred to as the “Companies.”

RELEASE AND SEVERANCE COMPENSATION AGREEMENT
Release and Severance Compensation Agreement • August 6th, 2012 • Proassurance Corp • Fire, marine & casualty insurance • Delaware

THIS RELEASE AND SEVERANCE COMPENSATION AGREEMENT (the “Agreement”) is made and entered into effective September 1. 2011, (the “Effective Date”) between and among Ross E. Taubman, DPM an individual (the “Executive”) and ProAssurance Group Services Corporation, an Alabama corporation (“PRA Group Services”), on its own behalf and on behalf of Podiatry Insurance Company of America (“PICA”) and ProAssurance Corporation (“ProAssurance”). ProAssurance Group Services Corporation, Podiatry Insurance Company of America, and ProAssurance Corporation are hereinafter collectively referred to as the “Companies.”

RELEASE AND SEVERANCE COMPENSATION AGREEMENT
Release and Severance Compensation Agreement • August 6th, 2012 • Proassurance Corp • Fire, marine & casualty insurance • Delaware

THIS RELEASE AND SEVERANCE COMPENSATION AGREEMENT (the “Agreement”) is made and entered into effective April 2, 2012 (the “Effective Date”) between and among ProAssurance Group Services Corporation, an Alabama corporation, and ProAssurance Corporation, a Delaware corporation (“ProAssurance”), and Jerry D. Brant, an individual (the “Executive”). ProAssurance and its direct and indirect subsidiaries, including without limitation Podiatry Insurance Company of America (“PICA), are hereinafter collectively referred to as the “Companies.”

RECITALS
Release and Severance Compensation Agreement • October 11th, 2002 • Proassurance Corp • Fire, marine & casualty insurance
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