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SUMMARY OF TERMS OF EMPLOYMENT

Executive Employment Agreement

SUMMARY OF TERMS OF EMPLOYMENT | Document Parties: NATIONWIDE FINANCIAL SERVICES INC/ | Timothy G. Frommeyer  | Nationwide Life Insurance Company  | Nationwide Life and Annuity Insurance Company You are currently viewing:
This Executive Employment Agreement involves

NATIONWIDE FINANCIAL SERVICES INC/ | Timothy G. Frommeyer | Nationwide Life Insurance Company | Nationwide Life and Annuity Insurance Company

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Title: SUMMARY OF TERMS OF EMPLOYMENT
Date: 11/3/2005
Industry: Insurance (Life)    

SUMMARY OF TERMS OF EMPLOYMENT, Parties: nationwide financial services inc/ , timothy g. frommeyer  , nationwide life insurance company  , nationwide life and annuity insurance company
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Exhibit 10.2

 

Summary of Terms of Employment of

Timothy G. Frommeyer

 


 

Timothy G. Frommeyer became Senior Vice President – Chief Financial Officer of Nationwide Financial Services, Inc. (NFS), Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company on November 1, 2005. The following is a summary of the material terms of Mr. Frommeyer’s employment:

 

Mr. Frommeyer will receive a base salary of $290,000 per year, and he will be eligible for an annual incentive bonus with a target amount equal to 65% of his base salary. The payout is determined primarily on business unit and individual performance.

 

Mr. Frommeyer


 
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