Article 5.02 Departure of directors or certain officers; Election of directors;
Appointment of certain officers; Compensatory provisions of certain executives
Compensation Group, LLC
the damage insurance and reinsurance industry. He was the general manager
and co-founder of
officer and president of
serving as Senior Vice President. He previously served on the board of directors
of White Mountains Insurance Group, Ltd. (NYSE:WTM).
as a member of the audit committee.
under which he will become a director. The agreement provides that the
The Class B Majority Shareholder may revoke it at any time and
immediately resign from the Council at the request of the Class B Majority
Trade Policy, that a duty of confidentiality is owed to the
Class B Majority Shareholder, and retain the Class B Majority Shareholder
updated on developments at
disclosure under Section 404(a) of Regulation SK. As director,
be subject to the remuneration plan for non-executive directors as described in
or any grant or award under any such plan, contract or arrangement that has been
entered into upon his appointment.
directors by notifying
the time demands presented by its main business activities.