Document:

Form of Assurant, Inc. Restricted Stock Unit Award Agreement

 Exhibit 10.9 
 ASSURANT, INC. 
 RESTRICTED STOCK UNIT AWARD AGREEMENT 
 [20__] Performance-Based Award 
 THIS AGREEMENT, dated as of
[                                ], between Assurant, Inc., a
Delaware corporation (the “Company”), and
[                                ] (the “Participant”).

 In consideration of the mutual promises and covenants made herein and the mutual benefits to be derived herefrom, the parties hereto agree
as follows: 
 1. Grant, Vesting and Forfeiture of Restricted Stock Units. (a) Grant. Subject to the
provisions of this Award Agreement (this “Agreement”) and the provisions of the Assurant, Inc. Long Term Equity Incentive Plan (the “Plan”), the Company hereby grants to the Participant, as of
[                                       
     ] (the “Grant Date”), [                    ] Restricted Stock Units (the
“Restricted Stock Units”), each with respect to one share of common stock of the Company, par value $0.01 per Share (“Common Stock”). All capitalized terms used herein, to the extent not defined, shall have the meaning set forth
in the Plan. 
 (b) Vesting. Subject to the terms and conditions of this Agreement, a number of Restricted Stock
Units shall vest and shall no longer be subject to any restriction on the date that the Committee determines and certifies (the “Determination Date”) the Company’s achievement in respect of each Goal (as defined below) for the period
beginning on January 1, 2009 and ending on December 31, 2011 (such period, the “Performance Period”), provided that the Participant is continuously employed by the Company until the third anniversary of the Grant Date.
Vesting of the Restricted Stock Units shall be determined based upon the average of the Company’s ranked average percentile, for each calendar year included in the Performance Period, with respect to each of the following goals (the
“Goals”) relative to an index of the Company’s peers established by the Company within 90 days following the commencement of the Performance Period (the “Ranked Average Percentile Index Performance”): growth in earnings per
share (the “EPS Growth Goal”), growth in revenue (the “Revenue Growth Goal”), and achievement of total shareholder return. Each Goal shall be weighted equally in determining the Company’s annual ranked average percentile
index performance. The number of Restricted Stock Units that shall vest shall be determined as follows: 
  

				
	 Company’s Ranked Average
Percentile Index Performance
	  	Percentage of Applicable
Restricted Stock Units that Vest	 
	 Below 25th Percentile
	  	0	%
	 25th Percentile
	  	50	%
	 50th Percentile
	  	100	%
	 75th Percentile or Above
	  	150	%

 Vesting for ranked average percentile index performance that falls between the 25th and 50th
percentiles and between the 50th and 75th percentiles shall be determined by straight-line interpolation. The Determination Date shall occur no later than 70 calendar days following the conclusion of the Performance Period, and on the Determination
Date the Committee shall determine the number of Restricted Stock Units, if any, that shall vest pursuant to each Goal. Such determinations shall be final, binding and conclusive on all persons for all purposes. 

 (c) Forfeiture; Termination of Employment. Upon the Participant’s
Termination of Employment for any reason during the Performance Period, all Restricted Stock Units shall be forfeited. Notwithstanding the foregoing, (i) in the event that the Participant experiences a Termination of Employment during the
Performance Period due to the Participant’s Retirement at any time following the end of the calendar year in which the Grant Date occurred, the Participant shall vest in that number of Restricted Stock Units determined in accordance with
Section 1(b) and (ii) in the event of the Participant’s Termination of Employment during the Performance Period by the Company without Cause, or Termination of Employment due to death or Disability, the Participant shall vest in a
number of Restricted Stock Units equal to the product of (A) the number of Restricted Stock Units determined in accordance with Section 1(b) and (B) a fraction, the numerator of which is the number of full months in the Performance
Period from the Grant Date until the date of Termination of Employment (provided that, for this purpose, the month in which the Grant Date occurs shall be considered a full month) and the denominator of which is the total number of months in
the Performance Period. Any Restricted Stock Units earned pursuant to the immediately preceding sentence shall be settled in accordance with Section 2. For purposes of this Agreement, employment with the Company shall include employment with
the Company’s Affiliates and its successors. Nothing in this Agreement or the Plan shall confer upon the Participant any right to continue in the employ of the Company or any of its Affiliates or interfere in any way with the right of the
Company or any such Affiliates to terminate the Participant’s employment at any time. 
 2. Settlement of
Units. As soon as practicable after the Determination Date, and in no event later than 75 calendar days after the end of the Performance Period, the Company shall deliver to the Participant or his or her personal representative, in book-position
or certificate form, one Share that does not bear any restrictive legend for each vested Restricted Stock Unit. 
 3. Dividend Equivalents. The Participant shall have the right to receive Dividend Equivalents with respect to Shares underlying the Restricted Stock Units that vest pursuant to this Agreement. The Dividend Equivalents represent
the right to receive an amount equal to the aggregate regular cash dividends that would have been paid to the Participant if the Participant had been the record owner, on each record date for a cash dividend during the period from the Grant Date
through the date on which the applicable Restricted Stock Units are settled, of a number of Shares equal to the applicable number of Restricted Stock Units that vest pursuant to this Agreement. The Dividend Equivalents shall be paid, in cash, on the
date on which the applicable Restricted Stock Units are settled pursuant to this Agreement, based on the amount of dividends that would have accrued on the Shares earned based on actual performance. 
 4. Nontransferability of the Restricted Stock Units. During the Performance Period and until such time as the Restricted Stock
Units are ultimately settled as provided in Section 2 above, the Restricted Stock Units and the Shares covered by the Restricted Stock Units shall not be transferable by the Participant by means of sale, assignment, exchange, encumbrance,
pledge, hedge or otherwise. Any purported or attempted transfer of such Shares or such rights shall be null and void. 
  

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 5. Rights as a Stockholder. During the Performance Period, the Participant
shall not be entitled to any rights of a stockholder with respect to the Restricted Stock Units (including, without limitation, any voting rights). 
 6. Adjustment; Change of Control. In the event of certain transactions during the Performance Period, the Restricted Stock Units shall be subject to adjustment as provided in Section 3.4 of the Plan
or any applicable successor provision under the Plan. In the event of a Change of Control during the Performance Period (i) prior to the first anniversary of the Grant Date, the Participant shall vest in that number of Restricted Stock Units
determined pursuant to Section 1(b), assuming that the Company achieved Ranked Average Percentile Index Performance equal to the 50th percentile or (ii) after the first anniversary of the Grant Date, the Participant shall vest in that
number of Restricted Stock Units determined pursuant to Section 1(b), assuming that the Company achieved Ranked Average Percentile Index Performance equal to the greater of (A) the 50th percentile and (B) the Company’s actual
Ranked Average Percentile Index Performance, taking into account performance through the latest date preceding the date of the Change of Control as to which performance can, as a practical matter, be determined (but not later than the end of the
Performance Period). Restricted Stock Units that vest pursuant to this Section 6 shall be settled within 5 calendar days following the Change of Control; provided, however, that any Restricted Stock Units that constitute
“nonqualified deferred compensation” as defined under Section 409A of the Code shall not be settled upon such Change of Control unless the Change of Control constitutes a “change in control event” within the meaning of
Section 409A of the Code and will instead be settled at such time as specified in Section 2. 
 7. Payment
of Transfer Taxes, Fees and Other Expenses. The Company agrees to pay any and all original issue taxes and stock transfer taxes that may be imposed on the issuance of shares received by a Participant in connection with the Restricted Stock
Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith. 
 8. Taxes and Withholding. No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to
any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be
withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct
any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement. 
 9. Notices. Notices and other communications under this Agreement must be in writing and shall be given by hand delivery to
the other party or by facsimile, overnight courier, or registered or certified mail, return receipt requested, postage prepaid, addressed as follows: 
 If to the Participant: 
 At the most recent address 
 on file at the Company. 
  

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 If to the Company: 
 Assurant, Inc. 
 One Chase Manhattan Plaza, 41st Floor 
 New York, New York 10005 
 Attention:
Secretary 
 or to such other address or facsimile number as any party shall have furnished to the other in writing in accordance with this
Section 9. Notices and communications shall be effective when actually received by the addressee. Notwithstanding the foregoing, the Participant consents to electronic delivery of documents required to be delivered by the Company under the
securities laws. 
 10. Effect of Agreement. This Agreement is personal to the Participant and, without the prior
written consent of the Company, shall not be assignable by the Participant otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Participant’s legal
representatives. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. 
 11. Laws Applicable to Construction; Consent to Jurisdiction. The interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of Delaware without reference to principles of conflict
of laws, as applied to contracts executed in and performed wholly within the State of Delaware. In addition to the terms and conditions set forth in this Agreement, the Restricted Stock Units are subject to the terms and conditions of the Plan,
which is hereby incorporated by reference. 
 12. Severability. If any one or more of the provisions contained in
this Agreement are held to be invalid, illegal or unenforceable, the other provisions of this Agreement shall be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 
 13. Conflicts and Interpretation. In the event of any conflict between this Agreement and the Plan, the Plan shall control. In
the event of any ambiguity in this Agreement, or any matters as to which this Agreement is silent, the Plan shall govern including, without limitation, the provisions thereof pursuant to which the Committee has the power, among others, to
(a) interpret the Plan, (b) prescribe, amend and rescind rules and regulations relating to the Plan, and (c) make all other determinations deemed necessary or advisable for the administration of the Plan. The Participant and the
Company each acknowledges that this Agreement (together with the Plan) constitutes the entire agreement and supersedes all other agreements and understandings, both written and oral, among the parties or either of them, with respect to the subject
matter hereof. 
  

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 14. Amendment. The Company may modify, amend or waive the terms of the
Restricted Stock Unit award, prospectively or retroactively, but no such modification, amendment or waiver shall materially impair the rights of the Participant without his or her consent, except as required by applicable law, stock exchange rules,
tax rules or accounting rules. The waiver by either party of compliance with any provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by such party of a
provision of this Agreement. 
 15. Section 409A of the Code. It is the intention of the Company that the
Restricted Stock Units shall either (a) not constitute “nonqualified deferred compensation” as defined under Section 409A of the Code or (b) comply in all respects with the requirements of Section 409A of the Code and
the regulations promulgated thereunder, such that no delivery of Shares pursuant to this Agreement will result in the imposition of taxation or penalties as a consequence of the application of Section 409A of the Code. Shares in respect of any
Restricted Stock Units that (i) constitute “nonqualified deferred compensation” as defined under Section 409A of the Code and (ii) vest as a consequence of the Participant’s termination of employment shall not be
delivered until the date that the Participant incurs a “separation from service” within the meaning of Section 409A of the Code (or, if the Participant is a “specified employee” within the meaning of Section 409A of the
Code and the regulations promulgated thereunder, the date that is six months following the date of such “separation from service”). If the Company determines after the Grant Date that an amendment to this Agreement is necessary to ensure
the foregoing, it may, notwithstanding Section 14, make such an amendment, effective as of the Grant Date or any later date, without the consent of the Participant. Notwithstanding any provision of this Agreement or the Plan, in the event that
any taxes or penalties are imposed on the Participant by reason of Section 409A of the Code, the Participant acknowledges and agrees that such taxes or penalties shall be the exclusive obligation of the Participant, and the Company shall have
no liability therefor. 
 16. Headings. The headings of Sections herein are included solely for convenience of
reference and shall not affect the meaning or interpretation of any of the provisions of this Agreement. 
 17. Counterparts. This Agreement may be executed in counterparts, which together shall constitute one and the same original. 
 IN WITNESS WHEREOF, as of the date first above written, the Company has caused this Agreement to be executed on its behalf by a duly authorized officer and the Participant has hereunto set the Participant’s hand. 
  

			
	ASSURANT, INC.
		
	By:	 	 
		 	 [                                    ]
 [                                    
]

  

 -5-Assurant Executive Pension Plan, amended and restated

 Exhibit 10.15 
 ASSURANT EXECUTIVE PENSION PLAN 
 Amended and Restated Effective as of January 1, 2009 

 TABLE OF CONTENTS 
  

			
	 ARTICLE 1 - INTRODUCTION
	  	1
		
	 ARTICLE 2 - ELIGIBILITY AND PARTICIPATION
	  	1
		
	 ARTICLE 3 - PENSION BENEFITS
	  	2
		
	 ARTICLE 4 - VESTING
	  	3
		
	 ARTICLE 5 - DISTRIBUTION OF BENEFITS
	  	4
		
	 ARTICLE 6 - FUNDING OF PLAN
	  	5
		
	 ARTICLE 7 - ADMINISTRATION OF THE PLAN
	  	5
		
	 ARTICLE 8 - AMENDMENT AND TERMINATION
	  	7
		
	 ARTICLE 9 - MISCELLANEOUS
	  	7
		
	 ARTICLE 10 - CLAIMS PROCEDURE
	  	8
		
	 ARTICLE 11 - DEFINITIONS
	  	9

 ARTICLE 1 
 INTRODUCTION 
 Effective as of January 1, 1994, Fortis, Inc. established the Fortis, Inc. Executive
Retirement and Profit Sharing Plan. 
 The Plan was most recently amended and restated effective as of January 1, 2001 (the “Prior Plan”).
Effective as of February 4, 2004, the Company was renamed Assurant, Inc. (the “Company”) and the Prior Plan was renamed the Assurant Executive Pension and 401(k) Plan. 
 The Prior Plan contained provisions related to both pension and 401(k) benefits. Effective as of January 1, 2009, the Prior Plan is amended and restated to separate the provisions relating to pension and 401(k)
benefits into two separate deferred compensation plans. This document sets forth the amended and restated provisions related to the pension benefits and is also amended to comply with Section 409A and for certain other purposes. Amounts earned
and vested as of December 31, 2004 under the Prior Plan shall remain subject to the terms and conditions of the Prior Plan, and amounts earned or vested under this Plan or the Prior Plan after December 31, 2004 shall be subject to the
terms and conditions of this Plan. The purpose of the Plan is to help the Company and its Affiliates retain employees of outstanding ability and to enable eligible employees to receive enhanced retirement benefits. 
 This document serves as both the Plan document and the Plan’s summary plan description. Certain important terms in this Plan are capitalized and have the meanings
set forth in Article 11, unless the context indicates otherwise. The masculine gender, where appearing in the Plan, shall be deemed to include the feminine gender, unless the context clearly indicates to the contrary. 
 ARTICLE 2 
 ELIGIBILITY AND
PARTICIPATION 
  

	2.01	Eligibility Requirements. An Employee shall become a Participant in the Plan on the later of (i) the date the Employee becomes a Participant in the Pension Plan; or
(ii) the first day of the Plan Year in which he has Executive Compensation in excess of the Code Section 401(a)(17) limits. Notwithstanding the foregoing, if an Employee was a Participant in the ABIG Plan as of December 31, 2000, did
not elect to have his accrued benefit determined after December 31, 2000 as a pension equity benefit under the Pension Plan, and was not rehired by an Employer after December 31, 2000, then such Employee shall not participate in this Plan.

  

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	2.02	Character of Plan as a “Top Hat” Plan. Notwithstanding the foregoing, this Plan is intended to be an unfunded plan maintained primarily for the benefit of
management and highly compensated employees, and the Committee shall be authorized to terminate the future participation of any Employee if it determines that continued participation by such Employee would jeopardize the Plan’s purpose.

 ARTICLE 3 
 PENSION BENEFITS 
  

	3.01	General Description. A Participant’s Pension Benefit will equal the additional benefit that the Participant would have been entitled to receive under the Pension Plan if
the Pension Plan took into account a Participant’s Executive Compensation. The precise method for calculating a Participant’s Pension Benefit under this Plan is described below. 

  

	3.02	Method for Calculating Pension Benefits. A Participant’s Pension Benefit under this Plan will be the amount determined under (a) below, minus the sum of the amounts
under (b), (c), (d) and (e) below, as applicable, where: 

  

	 	(a)	equals the lump sum benefit the Participant would have been entitled to receive under the Pension Plan as of his Separation from Service if the Pension Plan took into account his
Executive Compensation and calculated without regard to any limitations imposed by Code Section 415, and by disregarding the $15,000 limitation on lump sum payments contained in the Pension Plan; 

  

	 	(b)	equals the lump sum benefit that the Participant is entitled to receive under the Pension Plan as of his Separation from Service (regardless of when and in what form the benefit
under the Pension Plan is actually paid), calculated by disregarding the $15,000 limitation on lump sum payments contained in the Pension Plan; 

  

	 	(c)	equals the lump sum value of any benefit that a Participant who was formerly employed by Mutual Benefit Life Insurance Company (“MBL”) is entitled to receive as of his
Separation from Service under the terms of the Mutual Benefit Life Defined Benefit Excess Benefit Plan (revised effective as of July 1, 1991) or any other excess benefit plan ever maintained by MBL, with the lump sum offset to be the greater of
(i) present value determined using the same actuarial assumptions as those used to calculate a lump sum payment under the Pension Plan; or (ii) the lump sum actually payable under the Mutual Benefit Life Defined Benefit Excess Benefit Plan
or any other excess benefit plan ever maintained by MBL (as applicable); 

  

 2 

	 	(d)	equals the lump sum value of any benefit that a Participant who was formerly employed by John Alden Life Insurance Company (or any of its subsidiaries or affiliates) (“John
Alden”) is entitled to receive as of his Separation from Service under the terms of the John Alden Senior Executive Supplemental Retirement Plan (“John Alden SESRP”), or any other excess benefit plan ever maintained by John Alden;
with the lump sum offset to be the greater of (i) present value determined using the same actuarial assumptions as those used to calculate a lump sum payment under the Pension Plan; or (ii) the lump sum actually payable under the John
Alden SESRP or any other excess benefit plan ever maintained by John Alden (as applicable); and 

  

	 	(e)	equals the lump sum value of any benefit that a Participant who was formerly employed by American Bankers Insurance Group, Inc. (or any of its subsidiaries or affiliates)
(“ABIG”) is entitled to receive as his Separation from Service under the terms of the American Bankers Insurance Group, Inc. Non-Qualified Supplemental Benefit Plan. 

 ARTICLE 4 
 VESTING 
  

	4.01	Three-Year Vesting for Pension Equity Participants. A Pension Equity Plan Participant will become 100% vested in his Pension Benefits when he (a) completes three
(3) years of vesting service under the Pension Plan, or (b) terminates employment with an Employer on account of Retirement, Disability or death. Any Pension Equity Plan Participant who terminates employment for any reason other than
Retirement, Disability or death before earning three (3) years of vesting service under the Pension Plan will not be entitled to receive any Pension Benefits under this Plan. 

  

	4.02	Five -Year Vesting for Fortis Prior Retirement Formula Participants. A Fortis Prior Retirement Formula Participant will become 100% vested in his Pension Benefits when he
(a) completes five (5) years of vesting service under the Pension Plan, or (b) terminates employment with an Employer on account of Retirement, Disability or death. Any Fortis Prior Retirement Formula Participant who terminates
employment for any reason other than Retirement, Disability or death before earning five (5) years of vesting service under the Pension Plan will not be entitled to receive any Pension Benefits under this Plan. 

  

	4.03	Transferees. A Participant who transfers from one Employer to another Employer will not be deemed to have incurred a termination of employment for purposes of this Plan.

  

 3 

 ARTICLE 5 
 DISTRIBUTION OF BENEFITS 
  

	5.01	Form of Payment. A Participant will receive benefits under the Plan in the form of a lump sum payment. 

  

	5.02	Timing of Payment. A Participant will receive benefits under the Plan as soon as is administratively feasible, but no later than 90 days, after the Participant’s
Separation from Service. Payment of a Specified Employee’s benefit that was earned and vested as of December 31, 2004 (together with any earnings thereon) shall be paid as soon as is administratively feasible, but no later than 90 days
after the Specified Employee’s Separation from Service. Payment of a Specified Employee’s benefit that was earned and vested after December 31, 2004 (together with any earnings thereon) may not occur before the date that is six months
after the Participant’s Separation from Service (or, if earlier, the date of death of the Participant). Notwithstanding the foregoing, the Committee may, in its sole and absolute discretion, delay the time for payment of a benefit owed to a
Participant hereunder, to the extent permitted under Treasury Regulation Section 1.409A-2(b)(7). 

  

	5.03	Payments in Event of Participant’s Death. If a Participant terminates employment with an Employer on account of his death, benefits under the Plan will be paid to his
Beneficiary as soon as administratively feasible, but no later than 90 days, after the Participant’s death. Notwithstanding the foregoing, the Committee may, in its sole and absolute discretion, delay the time for payment of a benefit owed to a
Participant hereunder, to the extent permitted under Treasury Regulation Section 1.409A-2(b)(7). 

  

	5.04	Payment to Minors and Incapacitated Persons. If any amount is payable to a minor or to any other person who is incapable of making a proper disposition (in the
Committee’s judgment), the Plan will make a payment for the benefit of the individual in one of the following ways, as determined in Committee’s sole discretion: 

  

	 	(a)	by payment to the individual’s legal representative; 

  

	 	(b)	by payment directly to the individual; or 

  

	 	(c)	by payment in discharge of bills incurred by or for the benefit of the individual. 

 The Plan will make these payments as directed by the Committee without requiring intervention on the part of any guardian or like fiduciary, and without any obligation to monitor the use of the payment. Any payment
made under this Plan will completely discharge the Plan’s obligation to the Participant and his Beneficiaries. 
  

 4 

	5.05	Application for Benefits. The Committee may require a Participant or Beneficiary to complete and file certain forms before he or she may receive benefits under the Plan. The
Committee may rely upon all information the Participant provides, including the Participant’s current mailing address. Any person interested in receiving a distribution under the Plan must keep the Committee informed of his current mailing
address. 

  

	5.06	Reinstatement of Service for Re-hires. If a former Participant is re-hired and again becomes a Participant, then such Participant’s benefit accrual and vesting service
earned prior to such re-hire shall be reinstated only to the extent that such service is reinstated under the Pension Plan. If reinstatement of benefit accrual service occurs, then the Participant’s benefit under Section 3.02 shall also be
reduced by the actuarial equivalent value of the benefit previously paid to such Participant, with actuarial equivalence to be determined under the terms of the Pension Plan. 

 ARTICLE 6 
 FUNDING OF PLAN 
 The Pension Benefits provided under this Plan will be paid from the Company’s general assets. To the extent that any Participant acquires the right to receive
payments from the Plan, this right will be no greater than that of any unsecured general creditor of the Company. Participants and their Beneficiaries will not have any preference or security interest in the assets of the Company other than as a
general unsecured creditor. Notwithstanding the foregoing, the Company may establish a trust to which it may contribute certain assets with respect to the Plan. Assets held in such trust will remain subject to claims of the Company’s creditors
in the event of the Company’s insolvency, as defined in the trust agreement. 
 ARTICLE 7 
 ADMINISTRATION OF THE PLAN 
  

	7.01	Benefit Plans Committee. The Committee will have complete control of the administration of the Plan with all powers necessary to properly carry out the provisions of the
Plan. In addition to all implied powers and responsibilities necessary to carry out the objectives of the Plan, the Committee will have the following specific powers and responsibilities: 

  

	 	(a)	to construe the terms of the Plan and to determine all questions regarding the administration, interpretation and operation of the Plan; 

  

	 	(b)	to amend any or all of the provisions of the Plan, except if any amendment would significantly increase the liabilities of the Plan; 

  

 5 

	 	(c)	to determine the amounts of any benefits payable under the Plan to a Participant, Beneficiary or other person; 

  

	 	(d)	to keep records of all acts and determinations of the Committee, and to keep all such records, books of accounts, data and other documents as may be necessary for the proper
administration of the Plan; 

  

	 	(e)	to prepare and distribute information concerning the Plan to all Participants and Beneficiaries; 

  

	 	(f)	to do all things necessary to operate and administer the Plan in accordance with its provisions; 

  

	 	(g)	to delegate to one or more persons any of the duties described above and these delegates may be employees of the Company; and 

  

	 	(h)	to appoint and/or remove administrators or other persons outside the Company, and to delegate such duties to each administrator or person outside the Company as the Committee deems
appropriate. 

  

	7.02	Compensation Committee. The Compensation Committee will have the power and responsibility to appoint and/or remove members of the Committee, the Benefit Plans Investment
Committee and the Benefit Plans Finance Committee. The Compensation Committee shall have no other responsibilities with respect to the Plan. 

  

	7.03	Executive Committee. The Executive Committee will have the power and responsibility to approve any amendment that would significantly increase the liabilities of the Plan; to
terminate the Plan in whole or in part at any time in accordance with Article 8. The Executive Committee shall have no other responsibilities with respect to the Plan. 

  

	7.04	Benefit Plans Investment Committee. The Benefit Plans Investment Committee will have the power and responsibility to appoint and/or remove any outside investment advisor. The
Benefit Plans Investment Committee will also have the power and responsibility to develop the Plan’s investment strategy. The Benefit Plans Investment Committee will have no other responsibilities with respect to the Plan.

  

	7.05	Benefit Plans Finance Committee. The Benefit Plans Finance Committee shall have the power to determine the economic assumptions to be used for any actuarial valuation and
disclosures and to determine the funding policy, if any, for Pension Benefits. 

  

 6 

 ARTICLE 8 
 AMENDMENT AND TERMINATION 
 The Executive Committee reserves the right to terminate the Plan and provide for
the acceleration of the time and form of a payment of benefits under the Plan, at any time and from time to time, with or without notice, in accordance with the rules under Section 409A. The Committee reserves the right to modify, alter or
amend the Plan, at any time and from time to time, with or without notice, except that any amendment that would significantly increase the Company’s liabilities for the Plan must be approved by the Executive Committee; further provided, that no
amendment or termination of the Plan will (without the written consent of the Participant, if living, and if not, of his Beneficiary) adversely affect the amount of the benefit to which a Participant or his Beneficiary is entitled under the terms of
the Plan as of the date of the amendment or termination. 
 ARTICLE 9 
 MISCELLANEOUS 
  

	9.01	Headings. The headings and sub-headings in this Plan have been inserted for convenience only and should be ignored in construing its provisions. 

  

	9.02	Spendthrift Clause. None of the benefits, payments, proceeds or distributions under this Plan may be subject to the claim or legal process of a Participant’s or
Beneficiary’s creditor(s); no Participant or Beneficiary (or their creditors) will have any right to alienate, commute, anticipate or assign any of the benefits, payments, proceeds or distributions under this Plan. 

  

	9.03	No Participant Contributions. No Employee contributions are required or permitted under this Plan. 

  

	9.04	Form of Payment. All benefit payments will be made in cash. 

  

	9.05	Withholding. The Committee will withhold from any payment any income or employment taxes required to be withheld under applicable federal, state or local law.

  

	9.06	Governing Law. To the extent not preempted by federal law, the Plan will be governed by and construed in accordance with the laws of the State of New York.

  

	9.07	 Distribution Timing. This Section shall take precedence over any other provision of the Plan to the contrary. No provision of this Plan shall be followed if
following the provision would result in the acceleration of the time or schedule of any payment from the Plan as would require immediate income tax to Participants based on the law in effect at the time the distribution is to be made, including
Section 409A. In addition, a payment may be delayed after a designated payment date under the circumstances described in Section 409A, including payments 

  

 7 

	 	 
subject to Code Section 162(m), or payments that would violate federal securities or other applicable law. In such case, payment will be made at the
earliest date on which the Committee reasonably anticipates that the making of the payment will not cause such violation. The making of a payment that would cause inclusion in gross income or the application of any penalty provision or other
provision of the Code is not treated as a violation of applicable law. 

 ARTICLE 10 
 CLAIMS PROCEDURE 
 Any Participant, former
Participant, Beneficiary or authorized representative (“Claimant”) may file a claim for benefits under the Plan by submitting a written statement to the Committee. The statement should describe the nature of the claim and request a
determination of its validity under the terms of the Plan. Within ninety (90) days after the date the Committee receives such claim, the Committee will issue a ruling. If special circumstances require an extension of time for processing, the
Committee will send the Claimant written notice of the extension prior to the termination of the 90-day period. In no case, however, will the extension of time delay the Committee’s decision beyond 180 days after the Committee received the
claim. 
 If the claim is denied in whole or in part, the Committee will send the Claimant written notice. The notice will be written in a manner calculated
to be understood by the Claimant and contain: 
  

	(1)	The specific reason(s) for denial; 

  

	(2)	Specific reference to the pertinent Plan provisions on which the denial is based; 

  

	(3)	A description of any additional material or information necessary for the Claimant to perfect the claim and an explanation of why such material or information is necessary; and

  

	(4)	An explanation of the Plan’s claims review procedures and the time limits applicable to such procedures, including a statement of the Participant’s right to bring a civil
action under section 502(a) of ERISA following a denial of the claim upon appeal. 

 If a claim for benefits has been denied, a Claimant may
appeal the denial by resubmitting a written statement to the Committee. The Claimant should request further review of the decision within sixty (60) days of the date the Claimant receives notice of a denial. The Claimant’s written appeal
should set forth the reasons supporting the claim, the reasons such claim should not have been denied, and any other issues or comments which the Claimant deems appropriate with respect to the claim. If the Claimant so requests in writing, the
Committee will make copies of the Plan documents pertinent to the claim available to the Claimant for examination. 
  

 8 

 Within sixty (60) days after the appeal is received, the Committee will notify the Claimant in writing of its final
decision. If special circumstances require an extension of time for processing, the Committee will send the Claimant written notice of the extension prior to the termination of the 60-day period. In no case, however, will the extension of time delay
the Committee’s decision on such appeal request beyond 120 days following receipt of the actual request. 
 The Committee’s written notice of its
decision on appeal will include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, with specific references to the pertinent Plan provisions on which the decision is based, and a statement that the
Participant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records, and other information relevant to the Participant’s claim for benefits. 
 Any suit for benefits must be brought within one year after the date the Committee has made a final denial of a claim for benefits. Notwithstanding any other provision
of the Plan to the contrary, any suit for benefits must be brought within two years after, in the case of any lump-sum payment, the date on which the payment was made or for all other claims, the date on which the action complained of occurred.

 ARTICLE 11 
 DEFINITIONS 
 ABIG Plan means the American Bankers Insurance Group, Inc. Retirement Plan. The ABIG Plan was merged into
the predecessor to the Fortis Pension Plan as of November 30, 1999, but a separate ABIG benefit structure was maintained under the predecessor to the Fortis Pension Plan, and continues to be maintained under such Plan. Any references in this
Plan document to participation in the “ABIG Plan” as of December 31, 2000 shall mean that a person was covered as of such date under the separate ABIG benefit structure under the predecessor to the Fortis Pension Plan. 
 Affiliate means any corporation that is a member of the Company’s controlled group of corporations (as defined in Code Section 414(b)) that
includes the Company, any trade or business that is under common control (as defined in Code Section 414(c)) with the Company, any organization that is a member of an affiliated service group (as defined in Code Section 414(m)) that
includes the Company, and any other entity required to be aggregated with the Company pursuant to regulations under Code Section 414(o). 
 Annual
Compensation means “Annual Compensation” as defined in the Pension Plan. 
 Beneficiary means the Participant’s
beneficiary under the Pension Plan. The Committee, in its sole discretion, may also permit a Participant to designate a different Beneficiary to receive benefits under this Plan. 
  

 9 

 Benefit Plans Finance Committee means the Benefit Plans Finance Committee appointed by the Compensation
Committee. 
 Benefit Plans Investment Committee means the Benefit Plans Investment Committee appointed by the Compensation Committee.

 Code means the Internal Revenue Code of 1986, as amended. 
 Committee means the Assurant, Inc. Benefit Plans Committee. The members of the Committee shall be appointed and/or removed by the Compensation Committee. 
 Company means, effective as of February 4, 2004, Assurant, Inc. 
 Compensation Committee means the Compensation Committee of the Board of Directors of the Company. 
 Disability means,
except as may otherwise be required by Section 409A, a period of disability during which a Participant (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that
can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months; or (ii) is, by reason of any medically determinable physical or mental impairment that can be expected to result in
death or can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering Employees of the
Company. 
 Effective Date means January 1, 2009. 
 Employee means any person employed by the Company or an Affiliate who participates in the Pension Plan. 
 Employer
means the Company or any Affiliate that has one or more of its Employees participating in the Plan. 
 Executive Compensation means
amounts that would be taken into account as Annual Compensation, disregarding the compensation limit under Code Section 401(a)(17); provided, however, that Executive Compensation shall exclude any amounts previously deferred under a
non-qualified deferred compensation plan. 
  

 10 

 Notwithstanding the foregoing, Executive Compensation shall be subject to the following additional rules: 
  

	(a)	For a Pension Equity Plan Participant, Executive Compensation prior to January 1, 2001, shall be capped at the following level for each applicable year:

  

			
	 Year
	  	Dollar Limit
	 1990
	  	209,200
	 1991
	  	222,220
	 1992
	  	228,860
	 1993
	  	235,840
	 1994
	  	242,280
	 1995
	  	247,530
	 1996
	  	255,300
	 1997
	  	262,704
	 1998
	  	267,313
	 1999
	  	270,000
	 2000
	  	275,000

 and 
  

	(b)	For a Fortis Prior Retirement Formula Participant, Executive Compensation prior to January 1, 2001 shall be capped at the levels specified in the immediately preceding clause
(a). Executive Compensation after 2000 and prior to January 1, 2009, shall be capped at the following level for each applicable year: 

  

			
	 Year
	  	Dollar Limit
	 2001
	  	285,000
	 2002
	  	295,000
	 2003
	  	320,000
	 2004
	  	325,000
	 2005
	  	335,000
	 2006
	  	345,000
	 2007
	  	360,000
	 2008
	  	365,000
	 2009
	  	385,000

 Executive Compensation as of January 1, 2010, shall be capped at the annual figure obtained by
increasing the amount of $385,000 by the Social Security Administration Cost of Living Adjustment published in October 2009. The cap on Executive Compensation as of each January 1 thereafter shall similarly be adjusted by the Social Security
Administration Cost of Living Adjustment published the preceding October. 
 Executive Committee means the committee consisting of the
Company’s Chief Executive Officer, Chief Financial Officer and Executive Vice President of Human Resources or others as appointed by the Board of Directors of the Company. 
  

 11 

 Fortis Prior Retirement Formula Participant means a Participant in this Plan who (i) as of
December 31, 2000, was a Participant in the Fortis, Inc. Employees’ Uniform Retirement Plan; and (ii) did not elect to have his or her accrued benefit under the Pension Plan determined after December 31, 2000, as a pension equity
benefit under the Pension Plan. Notwithstanding the foregoing, a Fortis Prior Retirement Formula Participant who terminates employment with the Employer on or after January 1, 2001 and is later rehired by the Employer, shall, upon his or her
rehire, be considered a Pension Equity Plan Participant rather than a Fortis Prior Retirement Plan Participant. 
 Participant means an
Employee who is eligible for participation in the Plan as set forth in Section 2.01. 
 Pension Benefits means the benefits described in
Article 3. 
 Pension Equity Plan Participant means the following categories of Participants: 
  

	(a)	a Participant in this Plan who both (i) as of December 31, 2000, was a Participant in either the Fortis, Inc. Employees’ Uniform Retirement Plan or the ABIG Plan; and
(ii) elected to have his or her accrued benefit under the Pension Plan determined after December 31, 2000, as a pension equity benefit under the Pension Plan; or 

  

	(b)	a Participant in this Plan who was first employed by an Employer on or after January 1, 2001; or 

  

	(c)	a Participant in this Plan who was rehired by an Employer on or after January 1, 2001. 

 Pension Plan means the Assurant Pension Plan, as amended from time to time, or the successor to such plan. 
 Plan means the Assurant Executive Pension Plan set forth in this document, including any subsequent amendments to the Plan, or the successor to the Plan. 
 Plan Year means the calendar year. 
 Retirement means the date on which a Participant terminates
employment on account of reaching his Retirement Date under the Pension Plan. 
 Section 409A means Code Section 409A and the
Treasury regulations or any other authoritative guidance issued thereunder. 
 Separation from Service means “separation from
service” within the meaning of Section 409A. 
  

 12 

 Specified Employee means a “specified employee” within the meaning of Section 409A.

 (Signature Page Follows) 
  

 13 

 IN WITNESS WHEREOF, Assurant, Inc. has caused this Plan to be executed by its duly authorized officer on
the date shown below, but effective as of January 1, 2009. 
  

			
	ASSURANT, INC.
		
	By:	 	/s/ Lesley Silvester
	Title:	 	Executive Vice President, Human Resources
	Date:	 	December 29, 2008

  

 14

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