Revised Schedule to Severance Agreement

EX-10.12(A) 2 dex1012a.htm REVISED SCHEDULE TO SEVERANCE AGREEMENTS Revised Schedule to Severance Agreements

Exhibit 10.12(a)

Revised Schedule to Severance Agreement

Horace Mann Educators Corporation (“HMEC”) entered into severance agreements with the following persons on the dates shown. These agreements are substantially identical to the one included as Exhibit 10.7 to HMEC’s Annual Report on Form 10-K for the year ended December 31, 2001 except that (1) the multiple of the highest annual compensation received by the employee in the five preceding years used to determine a one-time cash payment is equal to the duration listed below and (2) the specified period during which such employee’s insurance benefits would continue is equal to the duration below, and except as indicated in footnote (a).

 

Employee

  

Duration

  

Agreement Date

Louis G. Lower II (a)

   3 years   02-01-2000

Ann M. Caparrós

   2.9 years   03-07-1994

Peter H. Heckman

   2.9 years   04-10-2000

Paul D. Andrews

   2 years   07-02-2001

Bret A. Conklin

   2 years   01-14-2002

Dwayne D. Hallman

   2 years   01-21-2003

Ricky A. Renner

   2 years   07-09-2001

Robert E. Rich

   2 years   02-19-2001

 

(a) HMEC entered into a severance agreement with Louis G. Lower II as set forth in the Lower Employment Agreement contained in Exhibit 10.12 to HMEC’s Annual Report on Form 10-K for the year ended December 31, 1999.