List of Executive Officers Party to Change in Control Agreements with Harleysville Group Inc.
This document lists the executive officers of Harleysville Group Inc. who are parties to Change in Control Agreements, as previously filed with the company's annual report. The agreement outlines terms for executives in the event of a change in company control. Michael L. Browne, the President and CEO, has slightly different terms, including a higher compensation factor and a longer benefit period compared to other executives. The document does not include the full agreement text but identifies the covered individuals and notes the key differences for the CEO.
Exhibit (10)(P)(1)
List of Executive Officers who are parties to
Change in Control Agreements with Harleysville Group Inc.
in the form filed as Exhibit (10)(P) with the Annual Report on Form 10-K
for the year ended December 31, 2010
Michael L. Browne, President Chief Executive Officer (1)
Mark R. Cummins, Executive Vice President, Chief Investment Officer and Treasurer
Allan R. Becker, Senior Vice President and Chief Actuary
Arthur E. Chandler, Senior Vice President and Chief Financial Officer
Thomas E. Clark, Senior Vice President, Field Operations
Beth A. Friel, Senior Vice President, Human Resources
Robert A. Kauffman, Senior Vice President, Secretary, General Counsel and Chief Compliance Officer
Theodore A. Majewski, Senior Vice President, Personal Lines
Kevin M. Toth, Senior Vice President and Chief Underwriting Officer
Jonathan Young, Senior Vice President and Chief Claims Officer
| (1) | Mr. Browne’s agreement is substantially similar to the agreement with other executives except for the following: (a) the factor in Section 4(c)(ii)(b) is 2.999 instead of 2.000; and (b) the period in (i) the last proviso to Section 1, (ii) the lead-in paragraph to Section 3, (iii) the lead-in paragraph to Section 3(c), and (iv) Section 4(c)(vi) is thirty-six (36) months instead of twenty-four (24) months. |
