Document:

<PAGE>   1

                                                                  Exhibit 10.2

                                                               October 4, 1999

Kenneth  Koehler
President
Metropolitan Bank & Trust Company
6001 Landerhaven Drive
Mayfield Heights, Ohio  44124

Dear Ken:

                     I am very pleased that you have agreed to assume the
position of President of Metropolitan Bank & Trust Company (the "Bank"). This
letter will confirm our understanding with respect to certain terms and
conditions of your employment relationship with the Bank.

                     Your employment as President of the Bank will continue
until you resign of your own accord or until the Chairman of the Board of
Directors (the "Chairman") requests your resignation. If the Chairman requests
your resignation, you agree that you will submit your resignation immediately,
regardless of the reason for the request. In addition, you acknowledge and agree
that the Board of Directors may remove you as President at any time, for any
reason.

                      If the Chairman requests your resignation other than for
cause within one (1) year of the date of your appointment as President, you will
receive a severance payment equal to your then-current base salary for a period
of six (6) months. If the Chairman requests your resignation other than for
cause more than one (1) year after the date of your appointment as President,
but less than two (2) years after such date, you will receive a severance
payment equal to your then-current base salary for a period of nine (9) months.
If the Chairman requests your resignation other than for cause more than two (2)
years after the date of your appointment as President, you will receive a
severance payment equal to your then-current base salary for a period of twelve
(12) months.

                       In order to be entitled to receive any of the severance
payments described above, you will be required to submit a written letter of
resignation and an executed release in a form provided by the Bank. You will not
be entitled to any severance payments of other continued salary or benefits if
the Chairman requests your resignation for cause or if you resign without being
requested to do so by the Chairman.

                       If you agree with all of these terms and conditions,
please sign a copy of this letter and return it to me. I look forward to
working with you in your new position.

                                            METROPOLITAN BANK & TRUST COMPANY

                                            /s/ Robert M. Kaye
                                            -----------------------------------
                                            By:  Robert M. Kaye
                                                 Chairman

ACCEPTED AND AGREED:

/s/ Kenneth T. Koehler              10/3/99
---------------------------         -------
Kenneth Koehler                      Date<PAGE>   1
                                 EXHIBIT 10(HH)

                               First Amendment to
                        State Auto Financial Corporation
                        2000 Directors Stock Option Plan

<PAGE>   2

                                 FIRST AMENDMENT
                                       TO
                        STATE AUTO FINANCIAL CORPORATION
                        2000 DIRECTORS STOCK OPTION PLAN

The State Auto Financial Corporation 2000 Directors Stock Option Plan (the
"Plan") is hereby amended in the following particulars:

1.   Section 3. STOCK OPTIONS. Subsection (a) Grant and Eligibility is hereby
     deleted in its entirety and replaced by the following:

     (a)  GRANT AND ELIGIBILITY. All directors of the Company or its Parent who
          are not full-time employees of the Company or its Parent or Subsidiary
          corporations and who are in compliance with the Company's stock
          ownership guidelines as applicable to such directors are eligible to
          be granted Awards under the Plan. Promptly following each annual
          meeting of the shareholders of the Company on or after the effective
          date of the Plan, each person who is then a director of the Company or
          its Parent and not a full-time employee of the Company or its Parent
          or Subsidiary corporations shall be granted an Option to purchase
          1,500 shares of Stock.

2.   The effective date of this First Amendment is March 2, 2001 and this First
     Amendment shall be deemed to be a part of the Plan as of such date. In the
     event of any inconsistencies between the provisions of the Plan and this
     First Amendment, the provisions of this First Amendment shall control.
     Except as modified by this First Amendment the Plan shall continue in full
     force and effect without change.

The First Amendment was approved and adopted by the Board of Directors of State
Auto Financial Corporation on March 2, 2001.<PAGE>   1

                                                             Exhibit (10) - (52)

                       [Letterhead of The LTV Corporation]

                                 March 20, 2001

Mr. William H. Bricker
Chairman and Chief Executive Officer
The LTV Corporation
200 Public Square
Cleveland, Ohio 44114-2308

                  Re:      Revised Employment Terms
                           ------------------------
Dear Bill:

         The purpose of this letter is to set forth the revised principal terms
of your employment as Chairman and Chief Executive Officer of The LTV
Corporation and LTV Steel Company, Inc. (collectively, the "Company"). You and
the Company previously entered into a letter agreement agreed to by the Company
and yourself on November 8, 2000. This letter amends and restates such letter
agreement. The principal terms of your employment are as follow:

         1. SIGNING BONUS. In consideration of your agreement to assume the
duties and responsibilities of the Chairman and Chief Executive Officer,
effective November 9, 2000, the Company paid you an up-front bonus of $200,000
in cash.

         2. BASE SALARY. During the term of this letter agreement, the Company
will pay you a base salary at the rate of $700,000 per year (or at a higher rate
as the Board of Directors, from time to time, may determine), payable in
installments in accordance with the practices followed by the Company for its
senior officers.

         3. RETENTION PAYMENT. You will receive a retention payment in the
amount of $1 million. One third, or $333,333, of the retention payment will be
paid on June 30, 2001, one third, or $333,333, will be paid on December 31,
2001, and one third, or $333,334, will be paid on June 30, 2002, subject in each
case to your continued employment until such respective date. The Company's
obligations to make the retention payment shall be secured in a trust to be
established for the benefit of you and other employees of the Company and
certain affiliates, as provided in an order of the United States Bankruptcy
Court, Northern District of Ohio, Eastern Division, dated March 20, 2001, in
Jointly Administered Case No. 00-43866, In re: LTV Steel Company, Inc., a New
Jersey corporation, ET AL.

<PAGE>   2

         4. ACCELERATION OF PAYMENTS; ETC. Payments pursuant to Paragraph 2 and
Paragraph 3 will be accelerated and paid in a single lump sum on the earliest of
the confirmation of a plan of reorganization of the Company, a decision to
liquidate the Company or LTV Steel Company, Inc., the appointment by the Board
of Directors of the Company of a successor Chief Executive Officer of the
Company, the involuntary termination by the Company of your employment without
cause, or your death. In the event of your disability during the term of this
letter agreement, the unpaid balance of your base salary for the remainder of
the term and the unpaid balance of your retention payment will be paid to you on
the due dates for such payments. These payments are in addition to any other
compensation you may receive as a director of the Company. In the event of your
termination for cause, no further base salary or retention payment will be
payable.

         5. NO OTHER BENEFIT PLANS AND PROGRAMS. Except as otherwise provided
herein, during the term of this letter agreement, you hereby waive the right to
participate in the Company's medical and life insurance programs, and all other
pension and welfare benefit plans, programs and perquisites, including without
limitation the Company's Change In Control Severance Pay Plan and the Executive
Severance Plan.

         6. STOCK OPTION GRANT. Effective November 9, 2000, the Board of
Directors of the Company awarded you nonqualified stock options for an aggregate
of 500,000 shares of Common Stock, par value $0.50 (the "Common Stock") with an
exercise price per share equal to $1.00, the fair market value of the Common
Stock on such date. These options are stand-alone and are not subject to the
terms of the Company's Amended and Restated Management Incentive Program. The
options are for a term of 10 years, are exercisable commencing October 31, 2001
and contain such other terms and conditions as are provided in the Nonqualified
Stock Option Agreement dated November 9, 2000 covering such options.

         7. BUSINESS EXPENSES. You will be reimbursed for reasonable business
expenses in accordance with Company policy.

         8. HOUSING AND TRANSPORTATION. The Company will provide you with a
suitable furnished apartment, including all utilities, and an annual automobile
allowance of $15,000, less applicable taxes.

         9. SUCCESSOR. If, during the term of this letter agreement, the Board
identifies and elects a successor to you as Chief Executive Officer of the
Company, you agree to resign as such upon such election; provided, however, that
your base salary under Paragraph 2 and your full $1 million retention payment
will be paid as provided under Paragraph 4, and all unvested options granted
under Paragraph 6 will vest.

         10. CHANGE IN CONTROL. In the event of your involuntary termination of
employment by the Company during the term of this letter agreement following a
change in control of the Company, your base salary for the balance of such term
and the retention payment will be paid to you in a single lump sum promptly
following your termination of employment. The term

<PAGE>   3

"change in control" will have the meaning given such term in the Nonqualified
Stock Option Agreement between the Company and you dated November 9, 2000.

         11. TERM. The term of this letter agreement will be for a period
commencing November 9, 2000, and ending on the later of June 30, 2002 or one
year from the date of the approval of the terms of this letter agreement by the
United States Bankruptcy Court in the order described in Paragraph 3.

         If the foregoing correctly reflects your understanding of your
employment terms with the Company, please sign and return the enclosed copy of
this letter (which may be signed in one or more counterparts and all of which
together will constitute one and the same agreement) to evidence your agreement
to the foregoing and return it to the Company in the enclosed envelope. The
second copy is for your files.

                                       Sincerely yours,

                                       THE LTV CORPORATION

                                       By: /s/ Glenn J. Moran
                                           --------------------------------

                                       LTV STEEL COMPANY, INC.

                                       By: /s/ Glenn J. Moran
                                           --------------------------------

AGREED TO AND ACCEPTED:

/s/ William H. Bricker
--------------------------------
William H. Bricker

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]