AMENDMENT TO EMPLOYMENT AGREEMENT

EX-10.1 2 cno09302014ex101.htm EXHIBIT 10.1 CNO 09.30.2014 EX 10.1

Exhibit 10.1

AMENDMENT TO EMPLOYMENT AGREEMENT

This AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT is entered effective the 1^st day of October, 2014, between CNO Financial Group, Inc. (the “Company”) and Edward J. Bonach (“Executive”).

Recitals

A.The Company and Executive entered into an Amended and Restated Employment Agreement dated as of September 27, 2011 (the “Agreement”).

B.The Company and Executive desire to further amend the Agreement to extend its Term (as defined in the Agreement) and to make the other changes set forth herein.

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants contained herein, the receipt and sufficiency of which are hereby acknowledged:


1.	Section 2 of the Agreement is hereby amended solely to change the ending date of the Term from October 1, 2014 to October 1, 2017. All other provisions of Section 2 of the Agreement shall remain unchanged.


2.	Section 5(b) of the Agreement is hereby amended solely to change “2014 bonus” in the penultimate sentence to “2017 bonus.” All other provisions of Section 5(b) of the Agreement shall remain unchanged.


3.	All provisions of the Agreement not amended hereby shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have executed this Amendment to Employment Agreement as of the date first above written.



CNO FINANCIAL GROUP, INC.

By:	/s/ Susan L. Menzel
	Susan L. Menzel, Executive Vice
	President, Human Resources

	/s/ Edward J. Bonach
	Edward J. Bonach