Send us Feedback

Allstate (ALL)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

ALL » Topics » (a) to pay Executive a lump-sum cash amount equal to all Accrued Obligations determined as of the Termination Date, and

These excerpts taken from the ALL 10-K filed Feb 27, 2008.

(a)           to pay Executive a lump-sum cash amount equal to all Accrued Obligations determined as of the Termination Date, and

(b)           to provide Executive disability and other benefits after the Termination Date that are not less favorable to Executive than the most favorable of such benefits then available under Plans of the Company to disabled peer executives of the Company.

Such disability and other benefits shall also be not materially less favorable, in the aggregate, to Executive than the most favorable of the disability and other benefits available to Executive under such Plans in effect at any time during the 90-day period immediately preceding the Effective Date.

4.5             If Upon Death.  If Executive’s employment is terminated by reason of Executive’s death during the Post-Change Period, the Company’s sole obligations to Executive under Sections 2.1 and 2.2 and this Article shall be as follows:

 

18


 

(a)           to pay Executive a lump-sum cash
amount equal to all Accrued Obligations determined as of the Termination Date,
and



(b)           to provide Executive disability and
other benefits after the Termination Date that are not less favorable to
Executive than the most favorable of such benefits then available under Plans
of the Company to disabled peer executives of the Company.



Such disability and other benefits shall also be not
materially less favorable, in the aggregate, to Executive than the most
favorable of the disability and other benefits available to Executive under
such Plans in effect at any time during the 90-day period immediately preceding
the Effective Date.



4.5             If Upon Death.  If Executive’s employment is terminated by reason
of Executive’s death during the Post-Change Period, the Company’s sole
obligations to Executive under Sections 2.1 and 2.2 and this Article shall be
as follows:



 



18















 



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

RELATED TOPICS for ALL:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki