Back to top

FIRST AMENDMENT TO ZENITH NATIONAL INSURANCE CORP. AMENDED AND RESTATED EXECUTIVE OFFICER BONUS PLAN

Executive Compensation Plan Agreement

FIRST AMENDMENT TO ZENITH NATIONAL INSURANCE CORP. AMENDED AND RESTATED EXECUTIVE OFFICER BONUS PLAN | Document Parties: ZENITH NATIONAL INSURANCE CORP You are currently viewing:
This Executive Compensation Plan Agreement involves

ZENITH NATIONAL INSURANCE CORP

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: FIRST AMENDMENT TO ZENITH NATIONAL INSURANCE CORP. AMENDED AND RESTATED EXECUTIVE OFFICER BONUS PLAN
Date: 2/13/2009
Industry: Insurance (Prop. and Casualty)     Sector: Financial

FIRST AMENDMENT TO ZENITH NATIONAL INSURANCE CORP. AMENDED AND RESTATED EXECUTIVE OFFICER BONUS PLAN, Parties: zenith national insurance corp
50 of the Top 250 law firms use our Products every day

 

Exhibit 10.17

 

FIRST AMENDMENT

TO

ZENITH NATIONAL INSURANCE CORP.

AMENDED AND RESTATED EXECUTIVE OFFICER BONUS PLAN

 

Zenith National Insurance Corp., a Delaware corporation (the “Company”), hereby amends the Zenith National Insurance Corp. 2003 Amended and Restated Executive Officer Bonus Plan (the “Plan”), effective December 1, 2008, with reference to the following:

 

WHEREAS, the Company maintains the Plan for the benefit of its executive officers; and

 

WHEREAS, the Plan was amended and restated on February 12, 2003; and

 

WHEREAS, Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), places certain restrictions, among other things, as to the timing of distributions from nonqualified deferred compensation plans and arrangements; and

 

WHEREAS, the Board of Directors of the Company desires to amend the Plan to comply with Section 409A of the Code; and

 

WHEREAS, the Compensation Committee of the Company has previously granted the appropriate officers of the Company the authority to prepare such amendments as may be necessary in order to comply with Section 409A of the Code;

 

NOW THEREFORE, the Plan is hereby


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more