Consulting Agreement Extension between American Financial Group, Inc. and James E. Evans (2020)

Contract Categories: Human Resources › Consulting Agreements
Summary

American Financial Group, Inc. (AFG) and James E. Evans have agreed to extend Mr. Evans' role as an executive consultant through December 31, 2020. Under this extension, Mr. Evans will continue to provide consulting services to AFG and its affiliates as needed, on the same terms as his previous agreement, except that he will receive a consulting fee of $150,000 for 2020, paid in quarterly installments. Both parties have signed to confirm their acceptance of these terms.

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EX-10.2 2 ex10_2.htm EXHIBIT 10.2
Exhibit 10.2


December 18, 2019

James E. Evans
Great American Insurance Group Tower
301 East Fourth Street
Cincinnati, Ohio 45202

 
RE:
Consulting Agreement Extension

Dear Jim:

The purpose of this letter is to set forth in writing our agreement concerning an extension of your service as an executive consultant to American Financial Group, Inc. (“AFG”) through 2020.

To that end, you and the Company hereby agree to extend your current consulting arrangement through December 31, 2020.  During the term, you agree to provide consulting services to AFG and related organizations, including, without limitation, the subsidiaries and affiliates of AFG and their shareholders, officers, directors, employees and agents (collectively, the “Company”), making yourself available to answer questions and consult with the Company upon reasonable request.  This consulting arrangement shall be on the same terms as provided in our current consulting arrangement, except as provided herein.  Specifically, the Consulting Fee to be paid you for your consulting services to the Company during 2020 shall be $150,000, paid in quarterly installments.
 
If after review of this letter, you find it acceptable, please sign, date and return an original copy to me.
 
Very truly yours,
   

AMERICAN FINANCIAL GROUP, INC.
   

By:
 /s/ Carl H. Lindner III  
 
Carl H. Lindner III

Co-Chief Executive Officer
ACCEPTED AND AGREED:

/s/ James E. Evans
  
James E. Evans
  
 
    
Dated:
December 18, 2019