Amendment No. 2 to Selective Insurance Group, Inc. Stock Purchase Plan for Independent Insurance Agencies

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Summary

This amendment updates the Selective Insurance Group, Inc. Stock Purchase Plan for Independent Insurance Agencies. It removes certain sentences from Section 2(a) and revises the re-enrollment provision in Section 2(e), clarifying that eligible participants may re-enroll if they follow the plan's procedures. All other terms of the plan remain unchanged and in effect.

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EX-10.1 2 c71415exv10w1.htm EXHIBIT 10.1 Filed by Bowne Pure Compliance  

Exhibit 10.1

Amendment No. 2 to the
Selective Insurance Group, Inc.
Stock Purchase Plan for Independent Insurance Agencies

The Selective Insurance Group, Inc. Stock Purchase Plan for Independent Insurance Agencies, is amended as follows:

  1.   The third, fourth, and fifth sentences of Section 2(a) shall be deleted in their entirety.

  2.   The last sentence of Section 2(e) shall be deleted in its entirety and replaced with the following:

An Eligible Person may similarly re-enroll in the Plan, provided the Eligible Person complied with the enrollment procedures set forth in the Plan.

  3.   Except as set forth in this Amendment No. 2, the Agent Plan shall remain in full force and effect.