EXHIBIT 10.8 (v)

 

AMENDMENT FOUR

TO

EMPLOYMENT AGREEMENT

 

Effective January 1, 2003, this AMENDMENT FOUR TO EMPLOYMENT AGREEMENT by and
between Anthem Insurance Companies, Inc., an Indiana insurance company (the
“Company”) and Keith R. Faller (the “Executive”) hereby amends the EMPLOYMENT
AGREEMENT (the “Agreement”) between the parties dated as of the 1st day of
January, 1999, as follows:

 

1.   Section 2 of the Agreement is hereby amended by deleting the termination
date and inserting in place thereof the 31st day of December, 2005.

 

2.   The first paragraph of Section 11 of the Agreement is hereby amended by
deleting the provision “one (1) year” and inserting in place thereof “two (2)
years.”

 

3.   Section 16(b) of the Agreement is hereby amended by deleting the provision
“one (1) year” and inserting in place thereof “two (2) years.”

 

4.   All other provisions of the Agreement shall remain in full force and
effect.

 

IN WITNESS WHEREOF, the Company and the Executive have duly executed this
AMENDMENT FOUR TO EMPLOYMENT AGREEMENT effective as of the day and year first
above written.

 

 

Keith R. Faller

 

     

Anthem Insurance Companies, Inc.

 

/s/    Keith R. Faller

     

By:

 

/s/    Larry C. Glasscock

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Name: Larry C. Glasscock

 

Title: President and CEO