AMENDMENT TO LAW COMPANIES GROUP, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
This Amendment to the Law Companies Group, Inc. Supplemental Executive
Retirement Plan ("Amendment") is entered into and made effective this 10th day
of August, 1999, by and between LawGibb Group, Inc., f/k/a Law Companies Group,
Inc. (the "Company") and ▇▇▇▇▇ ▇. ▇▇▇▇▇ (the "Participant"). Capitalized terms
used herein and not otherwise defined shall have the meaning ascribed to such
terms in the Plan.
WHEREAS, by Resolution adopted May 10, 1996, the Board of Directors of
the Company established a Supplemental Executive Retirement Plan effective as of
September 1, 1995 (the "Plan"); and
WHEREAS, the Plan document stated in error that the Plan was effective
on August 31, 1996; and
WHEREAS, consistent with and subsequent to the effective date of the
Plan, the Company has made an annual contribution to the Account on or about
September 1 of each year, for the twelve-month period ending August 31 of that
year; and
WHEREAS, the parties desire to amend the Plan to make certain technical
corrections consistent with the prior direction of the Company's Board of
Directors.
NOW, THEREFORE, in consideration of the mutual recitals set forth
herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Amendment to Introductory Paragraph. The introductory paragraph
beginning with the words "NOW THEREFORE," and ending in the words "compensated
employees." is hereby deleted in its entirety and replaced with the following:
"NOW THEREFORE, the Company hereby establishes the following
Supplemental Executive Retirement Plan effective September 1,
1995 ("Effective Date") which constitutes an unfunded
nonqualified plan that benefits an employee who is within a
select group of key management or highly compensated
employees."
2. Amendment to Section 1.11. Section 1.11 is hereby deleted
in its entirety and replaced with the following:
"1.11 Plan Year. "Plan Year" means the twelve-month period
beginning September 1 of each year and ending August 31 of the
following year."
3. Amendment to Section 2.1. The last sentence of Section 2.1(a) is
hereby deleted in its entirety and replaced with the following:
"For example, if the Participant terminates employment with
the Company on July 31, 2002, the Account shall be credited
with a contribution of 11/12 of $65,437.00 for Plan Year 2002.
4. Amendment to Section 7.9. Section 7.9 is hereby deleted in
its entirety and replaced with the following:
"7.9 Effective Date. This Plan will be operative and
effective on September 1, 1995."
5. Effect of Amendment. Except as expressly provided herein, all other
terms and provisions of the Plan shall remain in full force and effect.
6. Counterparts. This Amendment may be executed in multiple
counterparts, each of which shall constitute one and the same instrument.
IN WITNESS WHEREOF, the Company and the Participant have executed this
Amendment on the date first above written.
LawGibb Group, Inc.
f/k/a Law Companies Group, Inc.
Attest:
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
/s/ ▇.▇. ▇▇▇▇▇▇▇ -------------------------------
______________________________ Name: ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇
Its Executive Vice President & CFO
Title: Director & Chairman,
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Compensation Committee
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Its Secretary
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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▇▇▇▇▇ ▇. ▇▇▇▇▇