CINF » Topics » Miscellaneous.

This excerpt taken from the CINF DEF 14A filed Mar 30, 2006.

Miscellaneous.

a.

No Participant shall have any claim or right to be granted an award under the Plan and there shall be no obligation on behalf of the Company or the Committee for uniformity of treatment among Participants. Awards under the Plan may not be attached, assigned or alienated in any manner.



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b.

Neither the Plan nor any action taken hereunder shall be construed as giving to any Participant any right to be retained in the employ of the Company.

c.

The Company shall have the right to deduct from any award to be paid under the Plan any Federal, state or local taxes required by law to be withheld with respect to such payment.

d.

The Plan shall be governed by the laws of the State of Ohio and by applicable Federal Laws.

e.

The Board of Directors of the Company may modify or terminate the Plan at any time, except that no modification shall affect awards previously granted. Any such modification shall be effective at such date as the Board may determine.


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This excerpt taken from the CINF 8-K filed Nov 23, 2005.

Miscellaneous

A.

No Participant shall have any claim or right to be granted an award under the Plan and there shall be no obligation on behalf of the Company or the Committee for uniformity of treatment among Participants.  Awards under the Plan may not be attached, assigned or alienated in any manner.


B.

Neither the Plan nor any action taken hereunder shall be construed as giving to any Participant any right to be retained in the employ of the Company.




C.

The Company shall have the right to deduct from any award to be paid under the Plan any Federal, state or local taxes required by law to be withheld with respect to such payment.


D.

The Plan shall be governed by the laws of the State of Ohio and by applicable Federal Laws.


E.

The Board of Directors of the Company may modify or terminate the Plan at any time, except that no modification shall affect awards previously granted.  Any such modification shall be effective at such date as the Board may determine.




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