Company: AFGC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001140361-25-012231
Chunk: 100

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 100
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 assumed, continued or replaced in accordance with Section 11.1.1 above and (B) a EmployeeParticipant’s employment with the Company is terminated by the Company for any reasons other than Cause or by such EmployeeParticipant for Good Reason, in each case, within the 18 month period commencing as of the closing of the Change in Control, then, as of the date of such EmployeeParticipant’s termination, the Change-in-Control Treatment set forth in Section 11.1.2 above shall apply to all assumed, continued or replaced Awards of such EmployeeParticipant then outstanding. 11.2 Effects of Change in Control on Non-Employee Directors. Except as provided by the Committee in an Award Agreement, if during the term of a Restricted Share Award, there shall occur a Change in Control, Change in Control Treatment shall apply to such Restricted Share Award. 11.2 11.3 Change in Control Defined. For purposes of this Article 11, the terms below shall be defined as follows: 11.2.1 11.3.1 Change in Control means: (a) The direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the properties or assets of the Company and its Subsidiaries, taken as a whole; (b) The dissolution or liquidation of the Company or the consummation of any merger, other than a merger for the purpose of the redomestication of the Company (not involving an event set forth in Section 11.3.1(c) 11.2.1(c) or 11.3.1(d) 11.2.1(d) ), consolidation, exchange orother transaction in which the Company is not the surviving corporation or in which the outstanding Shares of the Company are converted into cash, other securities or other property; (c) The acquisition of Beneficial Ownership of 25% or more of the outstanding Shares by any “person” within the meaning of Section 14(d) of the Exchange Act, excluding for purposes of this Section 11.3.1(c) 11.2.1(c) , the Lindner Family; or (d) during any period of one year after January 1, 2024, individuals who at the beginning of such period constitute the Board and any new director whose election by the Board or nomination for election by the Company’s shareholders was approved by a vote