Amendment No. 1 to Horace Mann Educators Corporation 1991 Stock Incentive Plan (as Amended and Restated)

Summary

This amendment, effective May 25, 2000, modifies the Horace Mann Educators Corporation 1991 Stock Incentive Plan. It increases the number of shares of common stock available for distribution under the plan by 2,000,000 shares, in addition to previous increases. The amendment clarifies that these shares may be newly issued or come from treasury stock. The plan governs how stock awards are granted to eligible participants within the company.

EX-10.1(A) 3 0003.txt AMENDMENT TO AMENDED 1991 STOCK INCENTIVE PLAN EXHIBIT 10.1(a) EXHIBIT A HORACE MANN EDUCATORS CORPORATION 1991 STOCK INCENTIVE PLAN AMENDED AND RESTATED EFFECTIVE DECEMBER 31, 1999 AMENDMENT 1 Effective May 25, 2000, the Horace Mann Educators Corporation 1991 Stock Incentive Plan Amended and Restated Effective December 31, 1999 ("Plan") is amended in accordance with the terms and conditions of the Plan as follows. Amend and restate the first paragraph of Section 3 to read in its entirety: Initially, the total number of shares of Common Stock reserved and available for distribution pursuant to Awards under the Plan was 2,000,000. Pursuant to the 2-for-1 split of Common Stock effective December 15, 1997, an additional 2,000,000 shares of Common Stock were reserved and available for distribution pursuant to Awards under the Plan. An additional 2,000,000 shares are hereby reserved and available for distribution pursuant to Awards under the Plan. Such shares may consist, in whole or in part, of authorized and unissued shares or treasury shares.