Document:

Fifth Amendment to Amended and Restated Agreement for Wholesale Financing

 Exhibit 4.9 

TEXTRON FINANCIAL 

FIFTH AMENDMENT TO 

AMENDED AND RESTATED AGREEMENT FOR WHOLESALE FINANCING 

(Finished Goods -Shared Credit Facility) 

This Fifth Amendment to Amended and Restated Agreement for Wholesale Financing (“Amendment”) Is dated April 28, 2009, with an effective
date of January 26, 2009, by and between TEXTRON FINANCIAL CORPORATION, a Delaware corporation (“Secured Party”); and Palm Harbor Homes, Inc., a Florida corporation, and Palm Harbor Manufacturing, L.P., a Texas limited
partnership (jointly and severally. individually and collectively. “Borrowers”). 
 WITNESSETH THAT: 

WHEREAS, the Secured Party and Borrowers are parties to a certain Amended and Restated Agreement for Wholesale Financing, Finished
Goods-Shared Credit Facility dated May 25, 2004. as amended by a certain First Amendment dated as of June 30, 2005, a certain Second Amendment dated as of January 19, 2006, a certain Third Amendment dated as of May 29, 2007 and a
certain Fourth Amendment dated as of May 30, 2008 (as amended, the “Agreement”); 
 WHEREAS, Borrowers have
represented to Secured Party that Palm Harbor Homes I, LP, a Texas limited partnership, and Palm Harbor Marketing, Inc., a Nevada corporation, listed as borrowers under the Agreement, are no longer in business, have no assets and have been
dissolved; 
 WHEREAS, by letter agreement dated as of January 26, 2009 (the “Letter Agreement”), Secured Party
and Borrowers agreed, among other things, to certain modifications to the Agreement; and 
 WHEREAS, the parties hereto desire
to enter into this Amendment in order to further memorialize the terms of the Letter Agreement. 
 NOW THEREFORE, in
consideration of the premises and the mutual obligations hereinafter contained, and for other good and valuable consideration, the receipt whereof Is hereby acknowledged, the parties hereto agree as follows: 

 

	 	1.	All capitalized terms used and not otherwise defined herein shall have the same meanings provided therefore in the Agreement. 

 

	 	2.	The last paragraph of Section 7 of the Agreement Is hereby amended and restated in Its entirety to read as follows: . 

“Anything contained herein to the contrary notwithstanding, no Advance shall be funded hereunder by the Administrative Agent or any
Lander when the Collateral Coverage is greater than point six to one (.6:1). For purposes of this paragraph. “Collateral Coverage” means, as of any relevant date of determination, the ratio of (i) the aggregate outstanding principal
amount of Advances, to (ii) the aggregate invoice amount of, without duplication. all of Borrowers’ inventory of completed manufactured or modular homes (i.e. the amount of “Finished Goods” as listed on Borrowers’ financial.
statements from time to time).” 

	 	3.	Section 10 of the Agreement is hereby amended by (i) deleting each instance of the words “LIBOR plus 375 bps” and inserting in their place the words
“LIBOR plus 700 bps (but in any event not less than 7.5%)” and (ii) deleting each instance of the words “LIBOR plus 500 bps” and Inserting in their place the words “LIBOR plus 825 bps (but in any event not less than
8.75%)”. 

  

	 	4.	The first two paragraphs of Section 14 of the Agreement are hereby amended and restated in their entirety to read as follows: 

“14. Grant of Security Interest. In order to secure the payment and performance by PHHI of all present and future
indebtedness and obligations of PHHI hereunder or in any other agreement entered into in connection herewith, whether direct or indirect, primary or secondary, absolute or contingent, or otherwise, including but not limited to the Advances owing
from PHHI, the payment of all interest and finance charges accrued thereon and all fees, charges and expenses hereunder in respect thereof, PHHI hereby grants to the Administrative Agent on behalf of the Lenders a security interest in all of its
right, title and Interest in and to the following properties, assets and rights of PHHI, wherever located, whether now owned or hereafter acquired or arising and all proceeds and products thereof: all personal and fixture property of every kind and
nature Including without limitation all goods (including Inventory, equipment and any accessions thereto), Instruments (including promissory notes), documents, accounts (including health-care insurance receivables), chattel paper (whether tangible
or electronic), deposit accounts, letter-of-credit rights (whether or not the letter of credit is evidenced by a writing), securities and all other investment property, supporting obligations, any other contract rights or rights to the payment of
money, insurance claims and proceeds, and all general intangibles (including all payment intangibles) (collectively, the “PHHI General Collateral”’). 

In order to secure the payment and performance by PHMLP of all present and future indebtedness and obligations of PHMLP hereunder or in
any other agreement entered into in connection herewith, whether direct or indirect, primary or secondary, absolute or contingent, or otherwise, Including but not limited to the Advances owing from PHMLP, the payment of all interest and finance
charges accrued thereon and all fees, charges and expenses hereunder in respect thereof, PHMLP hereby grants to the Administrative Agent on behalf of the Lenders a security Interest in all of its right, title and interest in and to the following
properties, assets and rights of PHMLP, wherever located, whether now owned or hereafter acquired or arising and all proceeds and products thereof: all personal and fixture property of every kind and nature including without limitation all goods
(including inventory, equipment and any accessions thereto), instruments (Including promissory notes), documents, accounts (Including health-care insurance receivables), chattel paper (Whether tangible or electronic), deposit accounts,
letter-of-credit rights (whether or not the letter of credit is evidenced by a writing), securities and all other investment property, supporting obligations, any other contract rights or rights to the payment of money, insurance claims and
proceeds, and all general intangibles (including all payment Intangibles) (collectively, the “PHMLP General Collateral”).” 

 For the avoidance of doubt, by the amendment and restatement as set forth above, the
Borrowers intend to grant, and hereby grant as of the effective date of this Amendment, to the Administrative Agent on behalf of the Lenders a security Interest in all of the PHHI General Collateral and the PHMLP General Collateral to secure all of
the obligations of all of the Borrowers hereunder or in any other agreements entered into by anyone or more of them in connection with the Agreement and/or this Amendment. 

 

	 	5.	The definition of “Total Credit Line’ is hereby amended to be $50,000,000. To the extent that Borrowers’ outstanding principal balance of Advances is in
excess of $50,000,000 as of the affective date of this Amendment, Borrowers do not need to make an immediate payment to bring the total outstanding balance of Advances to at or below $50,000,000, but instead shall repay amounts in the ordinary
course of business. However, in any event Borrowers shall make payments sufficient to bring the total outstanding balance of Advances to at or below the $50,000,000 Total Credit Line amount no later than the earlier to occur of:. (i) the
closing of the sale of certain assets as described in the Letter Agreement (the “Sale Assets’) or (ii) March 31, 2009. The definition of ‘Total Credit Line” shall be automatically further amended, without the need for
any notice by the Administrative Agent, execution of further documentation or otherwise, to be: (i) $45,000,000, upon the sale of the Sale Assets and (ii) $40,000,000; on December 31, 2009. With respect to the amendments to the
definition of “Total Credit Line” set forth in the immediately preceding sentence, Borrowers shall be required to make an immediate payment to Administrative Agent on each such date so that Borrowers’ total outstanding balance of
Advances shall be at or below the amount of the than applicable Total Credit Line. 

  

	 	6.	The first paragraph of Section 27 of the Agreement Is hereby amended and restated in its entirety to read as follows: 

“Termination, This Agreement shall continue from May 25, 2004 until March 31, 2010 (the “Term”),
On the last day of such Term (the “Maturity Date”), all Commitments of the Lenders shall, if not previously terminated, terminate and all obligations hereunder outstanding on such last day shall mature and automatically become due
and payable, including, without limitation, all outstanding Advances, all accrued and unpaid interest and/or finance charges and all fees, costs and expenses. Borrowers agree to pay all such obligations so maturing on the Maturity Date.”

  

	 	7.	Section 37.1 of the Agreement is hereby amended end restated in its entirety to read as follows: 

“37.1 Covenants. 
  

	 	(a)	 Maximum Net Loss. Borrowers covenant that they will achieve as of the last day of each fiscal quarter consolidated net (loss) before tax for the
respective periods set forth below, as follows (i) in respect of the fiscal quarter ending March 31, 2009, not greater than ($15,000,000); (ii) in 

	 	
respect of the fiscal quarter ending June 30, 2009, not greater than ($10,000,000); (iii) in respect of the fiscal quarter ending September 30, 2009, not greater than
($10,000,000); and (Iv) in respect of the fiscal quarter ending December 31, 2009, not greater than ($10,000,000). 

	 	(b)	Minimum Inventory Turn. Borrowers covenant that they will maintain as of the last day of each fiscal quarter ending on or after March 31, 2009, a ratio of
(a) Borrowers’ annualized quarterly Cost of Goods Sold, to (b) Inventory, as of the end of such fiscal quarter, of not less than two point seventy five to one (2.75:1). 

	 	(c)	Borrowing Base Requirement. Borrowers covenant that the total outstanding balance of Advances shall not exceed the amount equal to the lesser of (i) sixty
percent (60%) of the invoice amount of Borrowers’ then eligible Finished Goods Inventory and (ii) the then applicable Total Credit Line. For purposes of this covenant, the amount of Borrowers’ then eligible Finished Goods
Inventory shall be calculated based upon the most recent monthly financial statements or borrowing base certificate provided to Secured Party, subject to Secured Party’s right in its reasonable discretion to require Borrowers to provide a
borrowing base certificate more frequently (and upon the occurrence of an Event of Default, Secured Party shall have the right in its sole discretion to demand borrowing base certificates and, other financial information on a daily or other periodic
basis). Borrowers agree to comply timely with all such demands. In the event that any borrowing base certificate or financial statements provided to Secured Party, or that should be provided to Secured Party, reflect a total outstanding balance of
Advances in excess of the amount permitted under this covenant, Borrowers shall be required to make, within one business day, a mandatory prepayment in an amount sufficient to eliminate such excess amount. The requirements of this covenant are in
addition to, and not in limitation or amendment of, Borrowers’ other obligations under the Agreement and other documentation with or in favor of Secured Party. 

	 	(d)	 Incurrence of Additional Indebtedness. Borrowers shall not borrow or incur any liability in respect of borrowed money Indebtedness (including,
without limitation, loans, notes, bonds or repurchase obligations in respect of any securitizations), financing leases, liabilities for the deferred purchase price of property (excluding accounts payable arising in the ordinary course of business
but Including all liabilities created or arising under any conditional sale or other title retention agreement with respect to any such property), liabilities in respect of interest rate swamps or similar instruments or any guaranties in respect of
any of the foregoing, in each case unless (i) the Majority Lenders shall have (prior to the incurrence thereof) consented to the same in writing (which consent shall not be unreasonably withheld or delayed) or (ii) the proceeds of such
indebtedness is used to repay the Lenders and permanently reduce the Total Credit Line in an amount equal to the amount of such indebtedness. For the avoidance of doubt, the above restriction (i) does not apply to CountryPlace Mortgage, Ltd. or
any other party other than Borrowers and (ii) does not restrict Borrowers’ ability to incur liabilities in respect of letters of credit or capitalized leases. In connection with any request by the Borrowers to incur additional indebtedness
otherwise prohibited by this clause (d) and as to which the Borrowers request that the Administrative Agent release or subordinate any portion of the Collateral in favor of another Lender or other party, the Administrative Agent shall not
unreasonably withhold or delay the granting of such request; provided that (i) no default or Event or Default has occurred and is continuing under this Agreement or any other agreement; (ii) no default or Event of Default would arise under
this Agreement or any other agreement as a result of such incurrence of additional indebtedness; and (iii) the Administrative Agent determines, in its sole discretion, that, after giving effect to such request, the value of the Collateral as to
which the Administrative 

 
Agent possesses a first priority security interest would be satisfactory to fully support and secure (Including with an adequate collateral cushion as the Administrative Agent may determine) the
amount of the Total Credit Line and all of the Borrowers’ covenant requirements and other obligations under this Agreement and all other agreements.” 
  

	 	8.	Except as amended hereby, the Agreement shall remain in full force and effect, and is in all respects hereby ratified and affirmed. 

 

	 	9.	If any provision of this Amendment is determined to be illegal, invalid or unenforceable, such provision shall be fully severable and the remaining provisions shall
remain in full force and effect and shall be construed without giving effect to the illegal, invalid or unenforceable provisions. 

  

	 	10.	This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which together shall
constitute one and the same instrument, and a facsimile signature shall suffice as an original for all purposes. 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officer or representative as of
the effective date first above written. 
  

									
	BORROWERS:	 		 	SECURED PARTY:
			
	PALM HARBOR HOMES, INC.	 		 	TEXTRON FINANCIAL CORPORATION
					
	By:	 	/s/ Larry Keener	 		 	By:	 	/s/ Brian Courtney
	Name:	 	 Larry Keener
	 		 	Name:	 	 Brian Courtney

	Title:	 	 President
	 		 	Title:	 	 Sr. VP and General Manager

 

					
	PALM HARBOR MANUFACTURING, L.P.
		
	By:	 	Palm Harbor GenPar, LLC
		 	Its: General Partner
			
		 	By:	 	 /s/ Larry Keener

		 	Name:	 	Larry Keener
		 	Title:	 	PresidentCash Settled Restricted Stock Unit Agreement

 EXHIBIT 10.1 

CASH SETTLED RESTRICTED STOCK UNIT AGREEMENT WITH EMPLOYEE 

THIS AGREEMENT, dated as of 02/25/2010, between Unum Group, a Delaware corporation (the “Company”), and THOMAS
R WATJEN (the “Employee”). 
 W I T N E S S E T H 

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 Agreement and to the provisions of the Unum Group Stock Incentive Plan
of 2007 (the “Plan”), the Company hereby grants to the Employee, as of 02/25/2010 (the “Grant Date”), 100,445.00 Restricted Stock Units (the “Restricted Stock Units”), each with respect to one share of common stock of
the Company, par value $0.10 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 during the Restriction Period. Subject to the terms and conditions of this Agreement, the Restricted
Stock Units shall vest and no longer be subject to any restriction on the anniversaries of the Grant Date set forth below (the period during which restrictions apply, the “Restriction Period”): 

 

			
	 Vesting Dates

(Anniversaries of Grant Date)
	  	Percentage of Total Grant Vesting
	First Anniversary	  	33%
	Second Anniversary	  	33%
	Third Anniversary	  	34%

(c) Termination of Employment. Upon the Employee’s Termination of Employment for any reason (other than due
to the Employee’s death, Disability, Retirement or Termination of Employment by the Company without Cause) during the Restriction Period, all Restricted Stock Units still subject to restriction shall be forfeited. Upon the Employee’s
Termination of Employment during the Restriction Period due to the Employee’s death, Disability or Retirement, the restrictions applicable to the Restricted Stock Units shall lapse, and such Restricted Stock Units shall become free of all
restrictions and become fully vested. Upon the Employee’s Termination of Employment during the Restriction Period by the Company without Cause, the Employee shall vest in an additional number of Restricted Stock Units equal to the product of
(x) the number of shares of Restricted Stock Units that are subject to each vesting tranche during the Restriction Period that have not yet vested as of the date of the Termination of Employment and (y) a fraction, the numerator of which
is the number of full and partial months in the Restriction Period from the Grant Date until the date of Termination of Employment and the denominator of which is the total number of months in the Restriction Period for such tranche. For purposes of
this Agreement, “Retirement” shall mean the Employee’s Termination of Employment after the attainment of age 65 or the attainment of age 55 and at least 15 years of continuous service[, in each case, only if such Termination of
Employment is approved as a “Retirement” by (i) the Committee in the case of an Employee who is subject to Section 16 of the Exchange Act or a “covered employee” within the meaning of Section 162(m) of the Code or
(ii) the Chief Executive Officer or Senior Vice President, Human Resources, in the case of all other individuals]. 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 Employee 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 Employee’s employment at any time. 
 2.  Settlement of Units. 

Subject to Section 8 (pertaining to the withholding of taxes), as soon as practicable after the date on which the
Restriction Period expires, and in no event later than 30 days after such date, the Company shall deliver to the Employee or his or her personal representative, an amount in cash equal to the Fair Market Value of a Share on the date of settlement
for each Share subject to the Restricted Stock Unit. 
  

 3.  Nontransferability of the Restricted Stock Units. 

During the Restriction Period and until such time as the Restricted Stock Units are ultimately settled as provided in
Section 2 above, the Restricted Stock Units shall not be transferable by the Employee by means of sale, assignment, exchange, encumbrance, pledge, hedge or otherwise. Any purported or attempted transfer of such rights shall be null and void.

 4.  Rights as a Stockholder.  

During the Restriction Period, the Employee shall not be entitled to any rights of a stockholder with respect to the
Restricted Stock Units (including, without limitation, any voting rights), provided that with respect to any dividends paid on Shares underlying the Restricted Stock Units, such dividends will be reinvested into additional Restricted Stock
Units, which shall vest at such time as the underlying Restricted Stock Units vest and be settled in cash at that time. 

5.  Adjustment; Change in Control. 

In the event of certain transactions during the Restricted Period, the Restricted Stock Units shall be subject to
adjustment as provided in Section 3(d) of the Plan or any applicable successor provision under the Plan. In the event of a Change in Control before the Restricted Stock Units vest, the restrictions applicable to the Restricted Stock Units shall
lapse, such Restricted Stock Units shall become free of all restrictions and become fully vested, consistent with Section 10(a)(iii) of the Plan, and shall be settled within 5 days following the Change in 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 in Control unless the Change in Control constitutes a “change in
control event” within the meaning of Section 409A of the Code. 
 6.  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 settlement of the Restricted Stock Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith. 

7.  Other Restrictions.  

(a) The Restricted Stock Units shall be subject to the requirement that, if at any time the Committee shall determine that
(i) the listing, registration or qualification of the Shares subject or related thereto upon any securities exchange or under any state or federal law is required, or (ii) the consent or approval of any government regulatory body is
required, then in any such event, the grant of Restricted Stock Units shall not be effective unless such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the
Committee. 
 (b) If the Employee is a Restricted Person under the Company’s Insider Trading Policy (as in
effect from time to time and any successor policies), the Employee shall be required to obtain pre-clearance from the General Counsel or Securities Counsel of the Company prior to purchasing or selling any of the Company’s securities and may be
prohibited from selling such securities other than during an open trading window. The Employee further acknowledges that, in its discretion, the Company may prohibit the Employee from selling such securities even during an open trading window if the
Company has concerns over the potential for insider trading. 
 8.  Taxes and Withholding.  

No later than the date as of which an amount first becomes includible in the gross income of the Employee for federal,
state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Employee 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 Employee 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 Employee, including deducting such amount from the delivery of cash upon settlement of the Restricted Stock Units that
gives rise to the withholding requirement. 
  

 9.  Notices. 

All notices and other communications under this Agreement shall 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 Employee: 

At the most recent address 

on file at the Company. 

If to the Company: 

Unum Group 

1 Fountain Square 

Chattanooga, Tennessee 37402 

Attention: Executive Compensation, Human Resources 

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 Employee 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 Employee and, without the prior written consent of the Company, shall not be assignable
by the Employee otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Employee’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.  

The invalidity or enforceability of any provision of this Agreement shall not affect the validity or enforceability of any
other provision of this Agreement. 
 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 Employee hereby acknowledges that a copy of the Plan
has been made available to him and agrees to be bound by all the terms and provisions thereof. The Employee 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. 
  

 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 Employee 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.  

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 cash 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. Cash 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 Employee’s termination of employment shall not be delivered until the date that the Employee incurs a “separation from
service” within the meaning of Section 409A of the Code (or, if the Employee 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 Employee. 

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. 

18.  Waiver and Release. 

In consideration for the granting of the Restricted Stock Units, the Employee hereby waives any and all claims whether
known or unknown that the Employee may have against the Company and its affiliates and their respective directors, officers, shareholders, agents or employees arising out of, in connection with or related to the Employee’s employment, except
for (1) claims under this Agreement, (2) claims that arise after the date hereof and obligations that by their terms are to be performed after the date hereof, (3) claims for compensation or benefits under any compensation or benefit
plan or arrangement of the Company and its affiliates, (4) claims for indemnification respecting acts or omissions in connection with the Employee’s service as a director, officer or employee of the Company or its affiliates,
(5) claims for insurance coverage under directors’ and officers’ liability insurance policies maintained by the Company or its affiliates, or (6) any right the Employee may have to obtain contribution in the event of the entry of
judgment against the Company as a result of any act or failure to act for which both the Employee and the Company or any of its affiliates are jointly responsible. The Employee waives any and all rights under the laws of any state (expressly
including but not limited to Section 1542 of the California Civil Code), which is substantially similar in wording or effect as follows: 

“A general release does not extend to claims which the creditor does not know or suspect to exist in his favor
at the time of executing the Release, which if known by him must have materially affected his settlement with the debtor.” 

This waiver specifically includes all claims under the Age Discrimination in Employment Act of 1967, as amended. The
Employee (a) acknowledges that he has been advised to consult an attorney in connection with entering into this Agreement; (b) has twenty-one (21) days to consider this waiver and release; and (c) may revoke this waiver and
release within seven (7) days of execution upon written notice to Legal Counsel, Employment and Labor, Law Department, Unum Group, 1 Fountain Square, Chattanooga, Tennessee 37402. The waiver and release will not become enforceable until the
expiration of the seven (7) day period. In the event that the waiver and release is revoked during such seven (7) day period, the grant shall be void and of no further effect. 

 

 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 Employee has hereunto set the Employee’s hand. 
  

					
		 	 _______________________
	 	 /s/ Thomas R Watjen

		 	 04/14/2010
	 	 THOMAS R WATJEN

  

 
  

			
	 UNUM GROUP

		
	 By:
	 	 /s/ Rhonda Rigsby

		 	 Rhonda Rigsby

VP, Executive and Corporate

Compensation

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00173-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00173-of-00352.parquet"}]]