EXCELLENCE IN EVERYTHING WETOUCH Street Address City, State Zip Code ###-###-#### Fax ###-###-#### www.crawfordandcompany.com

EX-10.23 6 dex1023.htm TERMS OF EMPLOYMENT AGREEMENT Terms of Employment Agreement

Exhibit 10.23

 

  
  

Thomas W. Crawford

President & CEO

April 10, 2006

Phyllis Austin

[redacted]

 

RE: Senior Vice President – Human Resources

Dear Phyllis:

I am very pleased to extend you an offer to join Crawford & company in the regular full-time position of Senior Vice President*—Human Resources, reporting directly to me, as President & CEO. Your employment will be contingent upon (1) your passing a drug test, (2) your being bondable, (30 your passing criminal background check, (4) your employability in the U.S., (5) your having acceptable results on a motor vehicle records check, and (6) Agreement to the Crawford & Company Confidentiality & Non-Solicitation. The following will outline the specifics of the position:

 

   

Grade level will be EX O3

 

   

Starting base salary will be $18,750/month

 

   

Starting date is no later than April 24, 2006

 

   

Restricted Stock: 5000 Shares with vesting at 20% per year, issued under and subject to the terms and conditions of the Crawford & Company Executive Stock Bonus Plan*

 

   

Incentive Plan: Participation in The Management Group Annual Incentive Plan

 

   

SERP: Participation in the Company’s Supplemental Executive Retirement Plan*

 

   

Vacation: 4 Weeks per year

 

   

Benefits: Those extended to full-time employees

 

   

Perquisites: Those extended to a Senior Vice President including a company provided automobile.

 

* Note: Indicates items subject to approval of the Company’s Board of Directors

 

EXCELLENCE IN EVERYTHING WE TOUCH

Street Address ¡ City, State Zip Code ¡ (404)  ###-###-#### ¡ Fax (404)  ###-###-#### ¡ www.crawfordandcompany.com


Should you accept this job offer, you will need to arrange to be drug tested and background checked with 24 hours of your acceptance by contacting Ainsley Elsworth at ###-###-#### in Personnel Management.

As all other new associates, you will be in a probationary status during the first 3 months of employment. You will be given a probationary performance evaluation at the conclusion of this period.

Phyllis, I am looking forward to you joining Crawford & Company and the Human Resources Team!

 

Sincerely,    
/s/ Thomas W. Crawford     /s/ Phyllis Austin
Thomas W. Crawford     4-11-06
President and CEO    

 

EXCELLENCE IN EVERYTHING WE TOUCH

Street Address ¡ City, State Zip Code ¡ (404)  ###-###-#### ¡ Fax (404)  ###-###-#### ¡ www.crawfordandcompany.com

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