Document:

EX-10.2

 Exhibit 10.2 
 KNOLOGY, INC. 
 KEY EMPLOYEE CHANGE IN CONTROL 

TRANSITION COMPENSATION PLAN 
 ARTICLE 1 
 PURPOSE AND TERM 

1.1        Purpose. Knology, Inc. (the “Company”) established this
Knology, Inc. Key Employee Change in Control Transition Compensation Plan (the “Plan”) in order to ensure continuity of management leading up to and following a potential Change in Control transaction, by mitigating anxiety an
executive may have regarding his or her future employment due to a Change in Control, thereby encouraging executives responsible for negotiating potential transactions to do so with independence and objectivity. The Plan supersedes all written or
unwritten severance plans, notice plans, practices or programs offered or established to participants by the Company providing severance pay or similar benefits. The Plan is intended to be a “welfare plan,” but not a “pension
plan,” as defined in ERISA Sections 3(1) and 3(2), respectively, and the Company intends that the Plan comply with all applicable provisions of ERISA. 
 1.2        Term. The Plan shall generally be effective as of the Effective Date, subject to amendment from time to time in accordance with Section 7.2.
The Plan shall continue until terminated pursuant to Article 7 of the Plan. 
 ARTICLE 2 

DEFINITIONS 
 As used herein, the following words and phrases shall have the following meanings: 

2.1        “Affiliate” means Knology, Inc. and any other corporation or entity
(including, but not limited to, a partnership or a limited liability company) that is affiliated with the Company through stock or equity ownership or otherwise, and is designated as an Affiliate for purposes of this Plan by the Committee.

 2.2        “Base Salary” means the amount a Participant is entitled
to receive as wages or salary on an annualized basis as in effect from time to time, without reduction for any pre-tax contributions to benefit plans. Base Salary does not include bonuses, commissions, overtime pay or income from stock options,
stock grants or other incentive compensation. 
 2.3        “Board”
means the Board of Directors of the Company. 
 2.4        “Cause” as a
reason for a Participant’s termination of employment shall have the meaning assigned such term in the employment, severance or similar agreement, if any, between such Participant and the Company or an Affiliate, provided, however that if there
is no such employment, severance or similar agreement in which such term is defined, and unless otherwise 

 
defined in the applicable Award Certificate, “Cause” shall mean any of the following acts by the Participant, as determined by the Board: gross neglect of duty, prolonged absence from
duty without the consent of the Company, intentionally engaging in any activity that is in conflict with or adverse to the business or other interests of the Company, or willful misconduct, misfeasance or malfeasance of duty which is reasonably
determined to be detrimental to the Company. 
 2.5        “Change in
Control” means the occurrence of any of the following events, : 
 (a) individuals who, at the
Effective Date, constitute the Board (the “Incumbent Directors”) cease for any reason to constitute at least a majority of the Board, provided that any person becoming a director after the Effective Date and whose election or nomination
for election was approved by a vote of at least a majority of the Incumbent Directors then on the Board (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without
written objection to such nomination) shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as a result of an actual or threatened election contest (as
described in Rule 14a-11 under the 1934 Act (“Election Contest”) or other actual or threatened solicitation of proxies or consents by or on behalf of any Person other than the Board (“Proxy Contest”), including by
reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest, shall be deemed an Incumbent Director; or 
 (b) any person becomes a “beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “1934 Act”)), directly or indirectly, of
securities of the Company representing 25% or more of the combined voting power of the Company’s then outstanding securities eligible to vote for the election of the Board (the “Company Voting Securities”); provided,
however, that the event described in this paragraph (b) shall not be deemed to be a Change in Control of the Company by virtue of any of the following acquisitions: (A) any acquisition by a person who is on the Effective Date the
beneficial owner of 25% or more of the outstanding Company Voting Securities, (B) an acquisition by the Company which reduces the number of Company Voting Securities outstanding and thereby results in any person acquiring beneficial ownership
of more than 25% of the outstanding Company Voting Securities; provided, that if after such acquisition by the Company such person becomes the beneficial owner of additional Company Voting Securities that increases the percentage of
outstanding Company Voting Securities beneficially owned by such person, a Change in Control of the Company shall then occur, (C) an acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any
Parent or Subsidiary, (D) an acquisition by an underwriter temporarily holding securities pursuant to an offering of such securities, or (E) an acquisition pursuant to a Non-Qualifying Transaction (as defined in subparagraph
(c) below; or 
 (c) the consummation of a reorganization, merger, consolidation, statutory share exchange
or similar form of corporate transaction involving the Company that requires the approval of the Company’s stockholders, whether for such transaction or the issuance 

  
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of securities in the transaction (a “Reorganization”), or the sale or other disposition of all or substantially all of the Company’s assets to an entity that is not an
affiliate of the Company (a “Sale”), unless immediately following such Reorganization or Sale: (A) more than 50% of the total voting power of (x) the corporation resulting from such Reorganization or the corporation which
has acquired all or substantially all of the assets of the Company (in either case, the “Surviving Corporation”), or (y) if applicable, the ultimate parent corporation that directly or indirectly has beneficial ownership of
100% of the voting securities eligible to elect directors of the Surviving Corporation (the “Parent Corporation”), is represented by the Company Voting Securities that were outstanding immediately prior to such Reorganization or
Sale (or, if applicable, is represented by shares into which such Company Voting Securities were converted pursuant to such Reorganization or Sale), and such voting power among the holders thereof is in substantially the same proportion as the
voting power of such Company Voting Securities among the holders thereof immediately prior to the Reorganization or Sale, (B) no person (other than (x) the Company, the Surviving Corporation or the Parent Corporation, (y) any employee
benefit plan (or related trust) sponsored or maintained by the Company, the Surviving Corporation or the Parent Corporation, or (z) a person who immediately prior to the Reorganization or Sale was the beneficial owner of 25% or more of the
outstanding Company Voting Securities) is the beneficial owner, directly or indirectly, of 25% or more of the total voting power of the outstanding voting securities eligible to elect directors of the Parent Corporation (or, if there is no Parent
Corporation, the Surviving Corporation), and (C) at least a majority of the members of the board of directors of the Parent Corporation (or, if there is no Parent Corporation, the Surviving Corporation) following the consummation of the
Reorganization or Sale were Incumbent Directors at the time of the Board’s approval of the execution of the initial agreement providing for such Reorganization or Sale (any Reorganization or Sale which satisfies all of the criteria specified in
(A), (B) and (C) above shall be deemed to be a “Non-Qualifying Transaction”). 

2.6        “Code” means the Internal Revenue Code of 1986, as amended from time
to time, and includes a reference to the underlying proposed or final regulations. 

2.7        “Committee” means the Compensation Committee of the Board.

 2.8        “Company” means Knology, Inc., or its successor as
provided in Section 9.7. 
 2.9        “Disability” of a
Participant means that the Participant (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a
continuous period of not less than 12 months, or (ii) is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12
months, receiving income replacement benefits for a period of not less than three months under an accident and health plan covering employees of the Participant’s employer. In the event of a dispute, the determination of whether a Participant
is Disabled will be made by the Committee and may be supported by the advice of a physician competent in the area to which such Disability relates. 

  
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 2.10        “Effective Date” means
February 17, 2012. 
 2.11        “Employee” means any regular,
full-time or part-time employee of the Company or any Affiliate. Where the context requires in connection with a Participant who is employed directly by an Affiliate, the term “Company” as used herein includes such Affiliate. 

2.12        “ERISA” means the Employee Retirement Income Security Act of 1974,
as amended. 
 2.13        “Good Reason” means, as a reason for a
Participant’s resignation from employment, the occurrence of any of the following without the consent of the Participant: 
 (a) the assignment to the Participant of duties materially inconsistent with, or a material diminution in, the Participant’s authority, duties or responsibilities, 

(b) a material reduction by the Company or an Affiliate in the Participant’s Base Salary or Target Annual Bonus
(other than an overall reduction in salaries or target annual bonuses of 10% or less that affects substantially all of the Company’s full-time employees), 
 (c) a material change in the geographic location at which the Participant is required to perform (it being agreed that a required relocation of more than 50 miles shall be material), or 

(d) the continuing material breach by the Company or an Affiliate of any employment agreement between the Participant and
the Company or an Affiliate after the expiration of any applicable period for cure. 
 (e) any failure by the
Company to comply with and satisfy Section 9.7 of this Agreement. 
 A termination by Executive shall not constitute
termination for Good Reason unless Executive shall first have delivered to the Company, not later than 90 days after the initial occurrence of an event deemed to give rise to a right to terminate for Good Reason, written notice setting forth with
specificity the occurrence of such event, and there shall have passed a reasonable time (not less than 30 days) within which the Company may take action to correct, rescind or otherwise substantially reverse the occurrence supporting termination for
Good Reason as identified by Executive. 
 2.14        “Health Benefit
Continuation Period” means 30 months for Tier A Participants, 24 months for Tier B Participants, 18 months for Tier C Participants, and 12 months for Tier D Participants. 

  
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 2.15        “Participant” means any
Employee designated by the Committee as a participant in the Plan. Each Participant shall be designated as a Tier A, Tier B, Tier C or Tier D Participant, as specified in Exhibit A hereto, as amended by the Board from time to time 

2.16        “Payment Multiple” means 2.5 X for Tier A Participants, 2.0 X for
Tier B Participants, 1.5 X for Tier C Participants, and 1.0 X for Tier D Participants. 

2.17        “Plan” means this Knology, Inc. Key Employee Change in Control
Transition Compensation Plan. 
 2.18        “Target Annual Bonus”
means, with respect to any Participant, the Participant’s target bonus opportunity under the annual corporate incentive plan applicable to the Participant. 
 2.19        “Termination Date” means the date of the termination of a Participant’s employment with the Company as determined in accordance
with Article 6. 
 ARTICLE 3 
 ELIGIBILITY 

3.1        Participation. The Committee or the Board shall designate from time to time
those Employees or classes of Employees who are Participants in the Plan. In the event the Committee or the Board designates certain Participants by job title, position, function or responsibilities, an Employee who is appointed to such a position
after the Effective Date of this Plan shall be a Participant upon the date he or she begins his or her duties in such position, unless otherwise determined by the Committee or the Board. Exhibit A, attached hereto and made a part hereof, sets
forth the initial Participants, which may be amended by the Committee or the Board at any time prior to a Change in Control to add or remove individual Participants or classes of Participants; provided, however, that the removal of individual
Participants or classes of Participants from the Plan shall not be effective for at least 12 months after notification to the Participants of such Committee or Board action. If a Change in Control occurs during such 12-month period, any such action
to remove individual Participants or classes of Participants shall be null and void. 

3.2        Duration of Participation. Subject to Article 4 and Article 7, an Employee
shall cease to be a Participant in the Plan if (i) his or her employment is terminated under circumstances in which he or she is not entitled to Transition Compensation under the terms of this Plan, or (ii) prior to a Change in Control, he
or she is removed as a Participant or ceases to be among the class of employees designated by the Committee or the Board as Participants. Notwithstanding the foregoing, a Participant who has terminated employment and is entitled to Transition
Compensation under Article 4 shall remain a Participant in the Plan until the full amount of the Transition Compensation and any other amounts payable under the Plan have been paid to the Participant. 

  
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 ARTICLE 4 
 TRANSITION COMPENSATION 

4.1        Right to Transition Compensation. 

(a)        A Participant shall be entitled to receive from the Company Transition Compensation in
the amount provided in Section 4.2 if, within the two-year period following a Change in Control, (i) the Participant’s employment with the Company or any Affiliate is terminated by the Company without Cause (other than by reason of
the Participant’s death or Disability) or (ii) the Participant’s employment is terminated by the Participant for Good Reason within a period of 180 days after the occurrence of the event giving rise to Good Reason. 

(b)        Notwithstanding anything to the contrary, no Transition Compensation shall be provided
to a Participant unless the Participant has executed and not revoked a Separation Agreement and General Release in substantially the form attached hereto as Exhibit B (the “Release”) within the time period set forth in the
Release. 
 4.2        Amount of Transition Compensation. If a Participant’s
employment is terminated in circumstances entitling him or her to Transition Compensation as provided in Section 4.1, then: 
 (a)        the Company shall pay to the Participant in a single lump sum cash payment on the 90th day after the Termination Date (or such later date as may be
required by Section 8.3 of the Plan), the aggregate of the following amounts: 

(i)        a transition compensation payment equal to the Payment Multiple
applicable to such Participant times the sum of (x) the Participant’s Base Salary as in effect at the Termination Date (but prior to any reduction if the termination is for Good Reason because of a reduction in Base Salary) and
(y) the Participant’s Target Annual Bonus for the year in which the Termination Date occurs (but prior to any reduction if the termination is for Good Reason because of a reduction in Target Annual Bonus); 

(ii)        if the Participant elects to continue participation in any group
medical, dental, vision and/or prescription drug plan benefits to which the Participant and/or the Participant’s eligible dependents would be entitled under Section 4980B of the Code (COBRA), then for a number of months equal to Health
Benefits Continuation Period applicable to such Participant, the Company shall pay the excess of (x) the COBRA cost of such coverage over (y) the amount that the Participant would have had to pay for such coverage if he or she had remained
employed during the Health Benefits Continuation Period and paid the active employee rate for such coverage, provided, however, that (A) if the Participant becomes eligible to receive group health benefits under a program of a subsequent
employer or otherwise (including coverage available to the Participant’s spouse), the Company’s obligation to pay any portion of the cost of health coverage as described herein shall cease, except as otherwise provided by law; (B) the
Health Benefits Continuation Period shall run concurrently with any period for which the Participant is 

  
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eligible to elect health coverage under COBRA; (C) the Company-paid portion of the monthly premium for such group health benefits, determined in accordance with Code Section 4980B and
the regulations thereunder, shall be treated as taxable compensation by including such amount in the Participant’s income in accordance with applicable rules and regulations; (D) during the Health Benefits Continuation Period, the benefits
provided in any one calendar year shall not affect the amount of benefits provided in any other calendar year (other than the effect of any overall coverage benefits under the applicable plans); (E) the reimbursement of an eligible taxable
expense shall be made as soon as practicable but not later than December 31 of the year following the year in which the expense was incurred; and (F) the Participant’s rights pursuant to this Section 4.2(a)(ii) shall not be
subject to liquidation or exchange for another benefit. If the Participant’s Health Benefits Continuation Period exceeds 18 months, then during the 19th month after the Termination Date, the Company shall pay to the Participant a lump sum
cash payment equal to the applicable monthly premium under COBRA (less the 2% administrative fee and less the active-employee rate for such coverage), multiplied by the number of months remaining in the Health Benefits Continuation Period;

 (b)        for 12 months following the Termination Date, the Participant shall be
eligible for outplacement services payable by the Company directly to a provider or providers designated by the Company or selected by the Participant and approved by the Company, provided, however, that the Participant must provide written
notification to the Company within six months following the Termination Date of his or her intention to utilize such outplacement services. With respect to the benefits provided under this Section 4.2(b), the amount of benefits in any one
calendar year shall not affect the amount of benefits provided in any other calendar year; the Company’s payment for the benefits shall be made on or before December 31 of the year following the year in which the expense was incurred; and
the Participant’s rights shall not be subject to liquidation or exchange for another benefit; 

(c)        all of the Participant’s equity or incentive awards outstanding on the
Termination Date shall be governed by the plans under which they were granted and the agreements evidencing such awards; and 

(d)        to the extent not theretofore paid or provided, the Company shall timely pay or
provide to the Participant Base Salary through the Termination Date, any accrued vacation pay to the extent not theretofore paid, and any other amounts or benefits required to be paid or provided or which the Participant is eligible to receive under
any plan, program, policy or practice or contract or agreement of the Company and its affiliated companies. 

4.3        Annual Bonus for Year in Which a Change in Control Occurs. The annual cash
incentive bonus for Participants for the year in which a Change in Control occurs shall be determined and paid as set forth in this Section 4.3. The amount of the bonus for each Participant shall be calculated and frozen as of the date of the
Change in Control in an amount equal to the pro rata portion of the Participant’s Target Annual Bonus amount measured as of the end of the month immediately preceding the month in which the Change in Control occurs (the “Derived Bonus
Amount”). A Participant’s Derived Bonus Amount shall vest and become non 

  
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forfeitable on the earlier of (x) the last day of the calendar year in which the Change in Control occurred, or (y) the Participant’s termination of employment due to death, Disability,
termination by the Company without Cause or resignation for Good Reason (as applicable, the “Vesting Date”). The Derived Bonus Amount for each Participant shall be paid within 30 days after the applicable Vesting Date. 

4.4        Full Settlement; No Mitigation. The Company’s obligation to make the
payments provided for under this Plan and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Participant or
others. In no event shall the Participant be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Participant under any of the provisions of this Agreement and such amounts shall not be
reduced whether or not the Participant obtains other employment. 
 ARTICLE 5 

EFFECT OF SECTIONS 280G AND 4999 OF THE CODE 
 5.1        Mandatory Reduction of Payments in Certain Events. 
 (a)        Anything in this Plan to the contrary notwithstanding, in the event it shall be determined that any payment or distribution by the Company to or for the
benefit of Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Plan or otherwise) (a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Code (the
“Excise Tax”), then, prior to the making of any Payment to Executive, a calculation shall be made comparing (i) the net benefit to Executive of the Payment after payment of the Excise Tax, to (ii) the net benefit to
Executive if the Payment had been limited to the extent necessary to avoid being subject to the Excise Tax. If the amount calculated under (i) above is less than the amount calculated under (ii) above, then the Payment shall be limited to
the extent necessary to avoid being subject to the Excise Tax (the “Reduced Amount”). The reduction of the Payments due hereunder, if applicable, shall be made by first reducing cash Payments and then, to the extent necessary,
reducing those Payments having the next highest ratio of Parachute Value to actual present value of such Payments as of the date of the Change in Control, as determined by the Determination Firm (as defined in Section 5.1(b) below). For
purposes of this Article 5, present value shall be determined in accordance with Section 280G(d)(4) of the Code. For purposes of this Article 5, the “Parachute Value” of a Payment means the present value as of the date of the
change of control of the portion of such Payment that constitutes a “parachute payment” under Section 280G(b)(2) of the Code, as determined by the Determination Firm for purposes of determining whether and to what extent the Excise
Tax will apply to such Payment. 
 (b)        The determination of whether an Excise Tax
would be imposed, the amount of such Excise Tax, and the calculation of the amounts referred to Section 5(a)(i) and (ii) above shall be made by an independent, nationally recognized accounting firm or compensation consulting firm mutually
acceptable to the Company and Executive (the “Determination Firm”) which shall provide detailed supporting calculations. Any determination by the Determination Firm shall be binding upon the Company and Executive. As a result of the
uncertainty in the 

  
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application of Section 4999 of the Code at the time of the initial determination by the Determination Firm hereunder, it is possible that Payments which Executive was entitled to, but did
not receive pursuant to Section 5(a), could have been made without the imposition of the Excise Tax (“Underpayment”). In such event, the Determination Firm shall determine the amount of the Underpayment that has occurred and
any such Underpayment shall be promptly paid by the Company to or for the benefit of Executive but no later than March 15 of the year after the year in which the Underpayment is determined to exist, which is when the legally binding right to
such Underpayment arises. 
 (c)        In the event that the provisions of Code
Section 280G and 4999 or any successor provisions are repealed without succession, this Article 5 shall be of no further force or effect. 
 ARTICLE 6 
 TERMINATION OF EMPLOYMENT 

6.1        Written Notice Required. Any purported termination of employment, whether by
the Company or by the Participant, shall be communicated by written notice to the other (a “Notice of Termination”). 
 6.2        Termination Date. In the case of the Participant’s death, the Participant’s Termination Date shall be his or her date of death. In all
other cases, the Participant’s Termination Date shall be the date of receipt of the Notice of Termination or any later date specified therein within 60 days after receipt of the Notice of Termination. 

ARTICLE 7 

DURATION, AMENDMENT AND TERMINATION, CLAIMS 
 7.1        Duration. The Plan shall become effective as of the Effective Date, and shall continue until terminated by the Committee or the Board. Subject to
Section 7.2, the Committee or the Board may terminate the Plan as of any date that is at least 12 months after the date of the Committee’s or the Board’s action. If any Participants become entitled to any payments or benefits
hereunder during such 12-month period, this Plan shall continue in full force and effect and shall not terminate or expire with respect to such Participants until after all such Participants have received such payments and benefits in full.

 7.2        Amendment and Termination. Subject to the following sentence, the
Plan may be amended from time to time in any respect by the Committee or the Board; provided, however, that any amendment that would adversely affect the rights or potential rights of Participants shall not be effective for at least 12 months after
the date of the Committee’s or the Board’s action; and, provided further, in the event that a Change in Control occurs within 12 months following an amendment to the Plan that would adversely affect the rights or potential rights of
Participants, the amendment will not be effective. In anticipation of or in connection with or within three years following a Change in Control, the Plan shall not be subject to amendment, change, substitution, deletion, revocation or termination in
any respect which adversely affects the rights of Participants without the consent of each Participant so affected. For the avoidance of doubt, removal of a Participant as a Participant (other than as a result of the Participant ceasing to be an
Employee) or any reduction in payments or benefits shall be deemed to be an amendment of the Plan which adversely affects the rights of the Participant. 

  
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 7.3        Form of Amendment. The form of any
amendment or termination of the Plan shall be a written instrument signed by a duly authorized officer or officers of the Company, certifying that the amendment or termination has been approved by the Committee or the Board. Subject to Sections 7.1
and 7.2 above (i) an amendment of the Plan in accordance with the terms hereof shall automatically effect a corresponding amendment to all Participants’ rights and benefits hereunder, and (ii) a termination of the Plan shall in
accordance with the terms hereof automatically effect a termination of all Participants’ rights and benefits hereunder. 

7.4        Claims Procedure. 

(a)        A Participant may file a claim with respect to amounts asserted to be due hereunder by
filing a written claim with the Committee specifying the nature of such claim in detail. The Committee shall notify the claimant within 60 days as to whether the claim is allowed or denied, unless the claimant receives written notice from the
Committee prior to the end of the 60 day period stating that special circumstances require an extension of time for a decision on the claim, in which case the period shall be extended by an additional 60 days. Notice of the Committee’s decision
shall be in writing, sent by mail to the Participant’s last known address and, if the claim is denied, such notice shall (i) state the specific reasons for denial, (ii) refer to the specific provisions of the Plan upon which such
denial is based, and (iii) if applicable, describe any additional information or material necessary to perfect the claim, an explanation of why such information or material is necessary, and an explanation of the review procedure in
Section 7.4(b). 
 (b)        A claimant is entitled to request a review of any
denial of his claim under Section 7.4(a). The request for review must be submitted to the Committee in writing within 60 days of mailing by the Committee of notice of the denial. Absent a request for review within the 60 day period, the claim
will be deemed conclusively denied. The claimant or his representative shall be entitled to review all pertinent documents, and to submit issues and comments orally and in writing to the Committee. The review shall be conducted by the Committee,
which shall afford the claimant a hearing and which shall render a decision in writing within 60 days of a request for a review, provided that, if the Committee determines prior to the end of such 60 day review period that special circumstances
require an extension of time for the review and decision of the denial, the period for review and decision on the denial shall be extended by an additional 60 days. The claimant shall receive written notice of the Committee’s review decision,
together with specific reasons for the decision and reference to the pertinent provisions of the Plan. 
 ARTICLE 8

 CODE SECTION 409A 
 8.1        General. This Plan shall be interpreted and administered in a manner so that any amount or benefit payable hereunder shall be paid or provided in
a manner that is either exempt 

  
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from or compliant with the requirements Section 409A of the Code and applicable Internal Revenue Service guidance and Treasury Regulations issued thereunder (and any applicable transition
relief under Section 409A of the Code). Nevertheless, the tax treatment of the benefits provided under the Plan is not warranted or guaranteed. Neither the Company nor its directors, officers, employees or advisers shall be held liable for any
taxes, interest, penalties or other monetary amounts owed by the Participant as a result of the application of Section 409A of the Code. 
 8.2        Definitional Restrictions. Notwithstanding anything in this Plan to the contrary, to the extent that any amount or benefit that would constitute
non-exempt “deferred compensation” for purposes of Section 409A of the Code (“Non-Exempt Deferred Compensation”) would otherwise be payable or distributable hereunder, or a different form of payment of such Non-Exempt
Deferred Compensation would be effected, by reason of a Change in Control or a Participant’s termination of employment, such Non-Exempt Deferred Compensation will not be payable or distributable to the Participant, and/or such different form of
payment will not be effected, by reason of such circumstance unless the circumstances giving rise to such Change in Control or termination of employment, as the case may be, meet any description or definition of “change in control event”
or “separation from service”, as the case may be, in Section 409A of the Code and applicable regulations (without giving effect to any elective provisions that may be available under such definition). This provision does not prohibit
the vesting of any Non-Exempt Deferred Compensation upon a Change in Control or termination of employment, however defined. If this provision prevents the payment or distribution of any Non-Exempt Deferred Compensation, such payment or
distribution shall be made on the date, if any, on which an event occurs that constitutes a Section 409A-compliant “change in control event” or “separation from service”, as the case may be, or such later date as may be
required by Section 8.3. If this provision prevents the application of a different form of payment of any amount or benefit, such payment shall be made in the same form as would have applied absent such designated event or circumstance.

 8.3        Six-Month Delay Under Certain Circumstances. Notwithstanding
anything in this Plan to the contrary, if any amount or benefit that would constitute non-exempt “deferred compensation” for purposes of Section 409A of the Code would otherwise be payable or distributable under this Plan by reason of
a Participant’s separation from service during a period in which he is a Specified Employee (as defined below), then, subject to any permissible acceleration of payment by the Company under Treas. Reg. Section 1.409A-3(j)(4)(ii) (domestic
relations order), (j)(4)(iii) (conflicts of interest), or (j)(4)(vi) (payment of employment taxes): 

(a)        if the payment or distribution is payable in a lump sum, the Participant’s right
to receive payment or distribution of such non-exempt deferred compensation will be delayed until the earlier of the Participant’s death or the first day of the seventh month following the Participant’s separation from service; and

 (b)        if the payment or distribution is payable over time, the amount of such
non-exempt deferred compensation that would otherwise be payable during the six-month period immediately following the Participant’s separation from service will be accumulated and the 

  
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Participant’s right to receive payment or distribution of such accumulated amount will be delayed until the earlier of the Participant’s death or the first day of the seventh month
following the Participant’s separation from service, whereupon the accumulated amount will be paid or distributed to the Participant and the normal payment or distribution schedule for any remaining payments or distributions will resume.

 For purposes of this Agreement, the term “Specified Employee” has the meaning given such term in Code
Section 409A and the final regulations thereunder (“Final 409A Regulations”), provided, however, that, as permitted in the Final 409A Regulations, the Company’s Specified Employees and its application of the six-month
delay rule of Code Section 409A(a)(2)(B)(i) shall be determined in accordance with rules adopted by the Board of Directors, which shall be applied consistently with respect to all nonqualified deferred compensation arrangements of the Company,
including this Plan. 
 8.4        Treatment of Installment Payments. Each
payment of termination benefits under Sections 4.3 or 4.4 of this Plan, including, without limitation, each installment payment, shall be considered a separate payment, as described in Treas. Reg. Section 1.409A-2(b)(2), for purposes of
Section 409A of the Code. 
 8.5        Timing of Release of Claims.
Whenever in this Plan a payment or benefit is conditioned on the Participant’s execution of a release of claims, such release must be executed and all revocation periods shall have expired within ninety (90) days after the Termination
Date; failing which such payment or benefit shall be forfeited. If such payment or benefit is exempt from Section 409A of the Code, the Company may elect to make or commence payment at any time during such 90-day period. If such payment or
benefit constitutes Non-Exempt Deferred Compensation, then, (i) if such 90-day period begins and ends in a single calendar year, the Company may make or commence payment at any time during such period at its discretion, and (ii) if such
90-day period begins in one calendar year and ends in the next calendar year, the payment shall be made or commence during the second such calendar year, even if such signing and non-revocation of the release occur during the first such calendar
year included within such 90-day period. In other words, a Participant is not permitted to influence the calendar year of payment of Non-Exempt Deferred Compensation based on the timing of signing the release. 

8.6        Timing of Reimbursements and In-kind Benefits. If the Participant is entitled
to be paid or reimbursed for any taxable expenses under this Plan, and such payments or reimbursements are includible in the Participant’s federal gross taxable income, the amount of such expenses reimbursable in any one calendar year shall not
affect the amount reimbursable in any other calendar year, and the reimbursement of an eligible expense must be made no later than December 31 of the year after the year in which the expense was incurred. No right of the Participant to
reimbursement of expenses under any Section of this Plan shall be subject to liquidation or exchange for another benefit. 
 8.7        Permitted Acceleration. The Company shall have the sole authority to make any accelerated distribution permissible under Treas. Reg.
Section 1.409A-3(j)(4) to the Participant of deferred amounts, provided that such distribution meets the requirements of Treas. Reg. Section 1.409A-3(j)(4). 

  
 12 

 ARTICLE 9 
 MISCELLANEOUS 
 9.1        Legal
Fees and Expenses. The Company shall reimburse all legal fees and related expenses (including the costs of experts, evidence and counsel) reasonably and in good faith incurred by a Participant if the Participant prevails on a material issue with
respect to his or her claim for relief in an action by the Participant to obtain or enforce any right or benefit provided by this Plan. If a Participant is entitled to recover fees and expenses under this Section 9.1, the reimbursement of an
eligible expense shall be made within 10 business days after delivery of the Participant’s respective written requests for payment accompanied with such evidence of fees and expenses incurred as the Company reasonably may require, but in no
event later than March 15 of the year after the year in which such rights are established. 

9.2        Employment Status. This Plan does not constitute a contract of employment or
impose on the Participant or the Company any obligation to retain the Participant as an Employee, to change the status of the Participant’s employment, or to change the Company’s policies regarding termination of employment. 

9.3        Nature of Plan and Benefits. Participants and any other person who may have
rights hereunder shall be mere unsecured general creditors of the Company with respect to Transition Compensation Benefits due hereunder, and all amounts (other than fully insured benefits) shall be payable from the general assets of the Company.

 9.4        Withholding of Taxes. The Company may withhold from any amount
payable or benefit provided under this Plan such Federal, state, local, foreign and other taxes as are required to be withheld pursuant to any applicable law or regulation. 
 9.5        No Effect on Other Benefits. Transition Compensation shall not be counted as compensation for purposes of determining benefits under other benefit
plans, programs, policies and agreements, except to the extent expressly provided therein or herein. 

9.6        Validity and Severability. The invalidity or unenforceability of any provision
of the Plan shall not affect the validity or enforceability of any other provision of the Plan, which shall remain in full force and effect, and any prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. 
 9.7        Successors. This Plan
shall bind any successor of or to the Company, its assets or its businesses (whether direct or indirect, by purchase, merger, consolidation or otherwise), in the same manner and to the same extent that the Company would be obligated under this Plan
if no succession had taken place. In the case of any transaction in which a successor would not by the foregoing provision or by operation of law be bound by this Plan, the Company shall require such successor expressly and unconditionally to assume
and agree to perform the Company’s 

  
 13 

 
obligations under this Plan, in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. The term “Company,” as used
in this Plan, shall mean the Company as hereinbefore defined and any successor or assignee to the business or assets which by reason hereof becomes bound by this Plan. 
 9.8        Assignment. This Plan shall inure to the benefit of and shall be enforceable by a Participant’s personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees. If a Participant should die while any amount is still payable to the Participant under this Plan had the Participant continued to live, all such amounts, unless otherwise
provided herein, shall be paid in accordance with the terms of this Plan to the Participant’s estate. A Participant’s rights under this Plan shall not otherwise be transferable or subject to lien or attachment. 

9.9        Enforcement. This Plan is intended to constitute an enforceable contract
between the Company and each Participant subject to the terms hereof. 

9.10        Governing Law. To the extent not preempted by ERISA, the validity,
interpretation, construction and performance of the Plan shall in all respects be governed by the laws of Georgia, without reference to principles of conflict of law. 
 9.11        Arbitration. Any dispute or controversy arising under or in connection with this Plan that cannot be mutually resolved by the Company and a
Participant and their respective advisors and representatives shall be settled exclusively by arbitration in Atlanta, Georgia in accordance with the rules of the American Arbitration Association before one arbitrator of exemplary qualifications and
stature, who shall be selected jointly by an individual to be designated by the Company and an individual to be selected by the Participant, or if such two individuals cannot agree on the selection of the arbitrator, who shall be selected by the
American Arbitration Association. The Company shall reimburse the Participant’s reasonable legal fees if he prevails on a material issue in arbitration. 
 The foregoing is hereby acknowledged as being the Knology, Inc. Key Employee Change in Control Transition Compensation Plan, as approved by the Board on February 17, 2012. 

 

	
	
	/s/ Chad S. Wachter
	 Chad S. Wachter
 General
Counsel

  
 14 

 EXHIBIT A 
 PARTICIPANTS IN THE 
 KNOLOGY, INC. KEY EMPLOYEE CHANGE IN CONTROL
SEVERANCE PLAN 
 as of February 17, 2012 

 

			
	  
 Tier A Participant
	  	  

Rodger L. Johnson

 

	  
 Tier B Participants
	  	  

Todd Holt
 Bert
McCants
  

	  
 Tier C Participants
	  	  

Royce Ard
 Weldon
Feightner
 Allan Goodson
 Robert Mills
 Anthony Palermo

Richard Perkins

Andrew Sivell
 John
Treece
 Brad Vanacore
 Chad Wachter
  

	  

Tier D Participants
	  	  
 Gregory Argetsinger
 Felix Boccucci

Ronald Johnson

Marcus Luke

 

  
 15 

 EXHIBIT B 
 SEPARATION AGREEMENT AND GENERAL RELEASE 

                      
                                         
         (Date Given to Employee) 
 This Separation Agreement and General Release (this
“Agreement”) is entered into by and between Knology, Inc. (together with its subsidiaries and affiliates, the “Company”) and the undersigned employee (“Employee”). 

Notice to Employee: 
 Under the
Knology, Inc. Key Employee Change in Control Transition Compensation Plan (the “Plan”) you are eligible to receive transition compensation pay if you agree to waive, to the extent permitted by law, all of your potential claims
against the Company and agree to the other terms in this Separation Agreement. This means that you cannot sue or pursue any other claim against the Company as provided for in this release. PLEASE READ THIS DOCUMENT CAREFULLY BEFORE YOU SIGN IT.
ALSO, YOU ARE ADVISED TO CONSULT AN ATTORNEY OR OTHER REPRESENTATIVE BEFORE SIGNING THIS DOCUMENT. YOU HAVE TWENTY-ONE (21) DAYS TO THINK ABOUT WHETHER YOU WANT TO SIGN THIS DOCUMENT AND TO CONSULT WHOMEVER YOU WISH. 

1.        In consideration for signing this Separation Agreement and General Release, you are entitled to receive
transition compensation under the Plan. 
 2.        IF YOU SIGN THIS AGREEMENT, YOU ARE PERMANENTLY
WAIVING (GIVING UP) YOUR RIGHT TO SUE THE COMPANY FOR ANY REASON PROVIDED HEREIN. YOUR WAIVER WILL INCLUDE ANY RIGHTS YOU HAVE TO SUE THE COMPANY UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT, TITLE VII OF THE CIVIL RIGHTS ACT, THE AMERICANS WITH
DISABILITIES ACT, STATE WRONGFUL TERMINATION LAWS, AND ALL OTHER LAWS AND REGULATIONS UNDER WHICH YOU MIGHT BE ABLE TO ASSERT ANY CLAIM AGAINST THE COMPANY. 
 3.        You will be waiving all claims which have arisen or may arise in the future, whether known or unknown, that are based on acts or events that have occurred
up until the Effective Date (as defined herein). 
 4.        Because this waiver involves your legal
rights, you are advised to speak with an attorney before signing this Agreement. You have twenty-one (21) days from the date listed at the top of this page to make your decision. If you have not signed this Agreement by the end of the
twenty-first (21st) day after the date listed above, you will be ineligible to receive any transition compensation. 

  
 16 

 5.        In addition, you will have seven
(7) days from the date you sign this Agreement to revoke it. This means that if you change your mind for any reason after signing the Agreement, you can revoke it if you notify the Company within seven (7) days. You must notify the Company
in writing and the notice must be received by the Company within seven (7) days of the date you sign this Agreement. This Agreement will become effective on the eighth (8th) day after you sign it (the “Effective Date”).
Any revocation of this Agreement must be made in writing and delivered within the seven-day revocation period to: Chad S. Wachter, General Counsel, Knology, Inc., 1241 O.G. Skinner Drive, West Point, GA 31833. 

Part I                 Release of Claims and Covenant Not to Sue.

 In consideration of the transition compensation from the Company set forth above, the receipt and sufficiency of which are
hereby acknowledged, Employee, on behalf of himself and his agents and successors in interest, hereby UNCONDITIONALLY RELEASES AND DISCHARGES Company, its successors, subsidiaries, parent corporations, assigns, joint ventures, and affiliated
companies, and their respective agents, legal representatives, shareholders, attorneys, employees, officers and directors, (collectively, the “Releasees”) from ALL CLAIMS, LIABILITIES, DEMANDS AND CAUSES OF ACTION, whether known or
unknown, fixed or contingent, that he may have or claim to have against Company or any of the Releasees for any reason as of the Effective Date (as defined above). Except to the extent that applicable law requires that Employee be allowed to file a
Charge with the Equal Employment Opportunity Commission (“EEOC”), Employee further hereby AGREES NOT TO FILE A LAWSUIT or other legal claim or charge or to assert any claim against any of the Releasees based on facts that occurred
prior to, or that exist as of, the Effective Date. This Release and Covenant Not To Sue includes, but is not limited to, claims arising under federal, state or local laws prohibiting employment discrimination, claims arising under severance plans
and contracts, and claims growing out of any legal restrictions on Company’s rights to terminate its employees or to take any other employment action, whether statutory, contractual or arising under common law or case law. Employee specifically
acknowledges and agrees that he is releasing any and all rights under federal, state and local employment laws including, without limitation, the Age Discrimination in Employment Act of 1967 (“ADEA”), as amended, 29 U.S.C. §
621, et seq., the Civil Rights Act of 1964 (“Title VII”), as amended, 42 U.S.C. § 2000e, et seq., 42 U.S.C. § 1981, as amended, the Americans With Disabilities Act (“ADA”), as amended, 42
U.S.C. § 12101 et seq., the Rehabilitation Act of 1973, as amended, as amended, 29 U.S.C. § 701, et seq., the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, 29 U.S.C. § 301 et
seq., the Worker Adjustment and Retraining Notification Act (“WARN”), 29 U.S.C. § 2101, et seq., the Family and Medical Leave Act of 1993 (“FMLA”), as amended, 29 U.S.C. § 2601 et
seq., the Fair Labor Standards Act (“FLSA”), as amended, 29 U.S.C. § 201 et seq., the Employee Polygraph Protection Act of 1988, 29 U.S.C. § 2001, et seq., all other state and federal code sections and
legal principles, including, without limitation, claims for defamation and slander, and the state and federal worker’s compensation laws. Employee further agrees that if anyone (including, but not limited to, Employee, the EEOC or any other
government agency or similar such body) makes a claim or undertakes an investigation involving Employee in any way, Employee waives any and all right and claim to financial recovery resulting from such claim or investigation. 

  
 17 

 As a material inducement for Knology, Inc. to enter into this Agreement, Employee represents and warrants
that he does not have any complaint, claim or action pending against Company or any of the Releasees in any federal, state or local court or government agency or before any arbitrator or other tribunal. 

Part II        Non-Disparagement. 
 Employee hereby agrees that he shall not disparage, criticize or otherwise publish or communicate any statements or opinions that are derogatory to or could otherwise harm the business or reputation of
the Company. However, Employee is not restricted from making any factual statement that is required to be disclosed by law, subpoena, court order or other legal process. 
 Part III        Return of Property. 

Employee agrees to return immediately and warrants that he has returned before executing or receiving payment pursuant to this Agreement,
all documents, materials and other things in his possession or control relating to Company, or that have been in his possession or control at the time of or since the termination of his employment with Company, without retaining any copies,
summaries, abstracts, excerpts, portions, replicas or other representations thereof. Employee likewise represents and warrants that Company has returned all of Employee’s personal property and that any such property is no longer in possession
of Company. 
 This Agreement has been executed voluntarily by the parties. The parties acknowledge that they have read this Agreement
carefully, that they have had a full and reasonable opportunity to consider this Agreement, and that they have not been pressured or in any way coerced, threatened or intimidated into its execution. 

  
 18 

 SIGNATURE BY EMPLOYEE 
 I acknowledge that I have been advised to consult with an attorney prior to signing this Agreement. I further acknowledge that the consideration for signing this Agreement is a benefit to which I
otherwise would not have been entitled had I not signed this Agreement. 
 I have read this entire document and I understand and agree to each
of its terms. SPECIFICALLY, I AGREE THAT BY SIGNING THIS DOCUMENT, I AM WAIVING MY RIGHTS TO SUE THE COMPANY AS SET FORTH ABOVE IN PART I. I also understand that this is the entire Agreement between the Company and me regarding severance pay and the
termination of my employment and that no other agreements or promises about those matters, written or oral will be enforceable. 
  

			
	  
	  	  

	 (Signature of Employee)
	  	(Date Signed)
		
	  
	  	  

	 (Print Employee Name)
	  	(Witness)
		  	  

 ACCEPTANCE BY THE COMPANY 
 The Company hereby enters into and accepts this Agreement as set forth above. 
 KNOLOGY, INC.

 By:
                                         
                                         
                           
 Name: 
 Title:EMPLOYMENT AGREEMENT, DATED AS OF DECEMBER 14, 2005

 Exhibit 10.2 
 EMPLOYMENT AGREEMENT 
 This EMPLOYMENT AGREEMENT is entered into as of
December 14, 2005, by and between Harbor Point Services, Inc., a Delaware Corporation (the “Company”), and Tom Wafer (“Executive”). 
 W I T N E S S E T H : 
 WHEREAS, Executive and the Company desire to set forth in
this Agreement the terms and conditions of Executive’s employment with the Company; 
 NOW, THEREFORE, in consideration of
the premises and the mutual covenants and promises contained herein and for other good and valuable consideration, the Company and Executive hereby agree as follows: 
  

	1	Agreement to Employ; No Conflicts 

 Upon the terms and subject to the conditions of this Agreement, the Company hereby agrees to employ Executive, and Executive hereby accepts employment with the Company. Executive represents that
(a) he is entering into this Agreement voluntarily and that his employment hereunder and compliance with the terms and conditions hereof will not conflict with or result in the breach by him of any agreement to which he is a party or by
which he may be bound, (b) he has not, and in connection with his employment with the Company will not, violate any nonsolicitation or other similar covenant or agreement by which he or she is or may be bound, and (c) in
connection with his employment with the Company he will not use any confidential or proprietary information he may have obtained in connection with employment with any prior employer (other than proprietary information regarding Chubb Re, Inc. to
the extent such info has been conveyed pursuant to the definitive purchase agreement among Harbor Point Limited, Harbor Point Services, Inc., The Chubb Corporation, Federal Insurance Company and Chubb Re, Inc. (the “Purchase
Agreement”). 
  

	2	Term; Position and Responsibilities 

 (a) Term of Employment. Unless Executive’s employment shall sooner terminate pursuant to Section 4, the Company shall employ Executive for a term commencing on the closing of the Purchase
Agreement (the “Commencement Date”) and ending on the third anniversary thereof (the “Initial Term”). Effective upon the expiration of the Initial Term and of each Additional Term (as defined below),
Executive’s employment hereunder shall be deemed to be automatically extended, upon the same terms and conditions, for an additional period of one year (each, an “Additional Term”), in each such case, commencing upon the
expiration of the Initial Term or the then current Additional Term, as the case may be, unless, at least 90 days prior to the expiration of the Initial Term or such Additional Term, either party shall give written

 
notice to the other (a “Non-Extension Notice”) of its intention not to extend the term hereof. A Non-Extension Notice shall not constitute a notice of the termination of his
employment by the Company unless such notice specifically provides for such termination of employment and the specific date thereof. The period during which Executive is employed pursuant to this Agreement shall be referred to as the
“Employment Period”. 
 (b) Position and Responsibilities. During the Employment Period, Executive shall
serve as Managing Director, and shall have such duties and responsibilities as are customarily assigned to individuals serving in such positions and such other duties consistent with Executive’s title and position as the Company’s
President or Board (the “Board”) specifies from time to time. Executive shall report to the Company’s President. Executive shall devote all of his skill, knowledge and working time to the conscientious performance of the duties
and responsibilities of such positions, except for authorized vacation time, absence for sickness or similar disability and time spent performing services for any charitable, religious or community organizations, so long as such services do not
materially interfere with the performance of Executive’s duties hereunder. 
  

	3	Compensation. 

 (a)
Base Salary. As compensation for the services to be performed by Executive during the Employment Period, the Company shall pay Executive a base salary at an annualized rate of $420,000, payable in installments on the Company’s regular
payroll dates, but no less frequently than monthly (the “Base Salary”). 
 (b) Annual Incentive Bonus.
During the Employment Period, the Executive shall have an annual cash incentive bonus opportunity in an amount to be determined by the Board or a committee thereof in its discretion based on performance during the year. 

(c) Stock Grants and Stock Options. On or about the Commencement Date, the Company shall award to the Executive (i) stock
options to purchase 35,000 shares of Harbor Point Limited common stock at an exercise price of $100 per share and (ii) 30,000 restricted shares of Harbor Point Limited common stock under the stock option and restricted stock plans adopted by
Harbor Point Limited on November 28, 2005, with vesting and other terms to be specified in grant agreements approved by the Compensation Committee of the Board of Directors of Harbor Point Limited; provided that such vesting and other terms
shall be consistent with those contained in the grant agreements awarded to other senior executives of the Company at or about the same time as the grants to the Executive. 
 (d) Employee Benefits. During the Employment Period, Executive shall be entitled to participate in the pension, retirement, savings, medical, disability and other welfare benefit plans maintained
by the Company for its senior executives. 

  
 2 

 (e) Expenses. The Company shall reimburse Executive for reasonable travel, lodging,
meal and other reasonable expenses incurred by him in connection with his performance of services hereunder, upon submission of evidence, reasonably satisfactory to the Company, of the incurrence and purpose of each such expense and otherwise in
accordance with the Company’s business travel and expense reimbursement policy applicable to its senior executives as in effect from time to time. 
 (f) Vacation. During the Employment Period, Executive shall be entitled to four weeks of paid vacation on an annualized basis, in accordance with the Company’s vacation policy for senior
executives. 
  

	4	Termination of Employment 

(a) Termination Due to Death or Disability. Executive’s employment hereunder may be terminated by the Company in the event of
Executive’s Disability (as defined below) and shall terminate upon Executive’s death. For purposes of this Agreement, “Disability” shall mean a total disability within the meaning of any long-term disability plan maintained by
the Company for the benefit of Executive. 
 (b) Termination by the Company for Cause. The Company may terminate
Executive’s employment hereunder for Cause (as defined below at any time). “Cause” shall mean (i) the willful failure of Executive substantially to perform his duties hereunder or his negligent performance of such duties
(other than any such failure due to Executive’s physical or mental illness), (ii) Executive having engaged in willful and serious misconduct that has caused or is reasonably expected to result in material injury to the Company or
any of its affiliates, (iii) a willful and material violation by Executive of a Company policy that has caused or is reasonably expected to cause a material injury to the Company or any of its affiliates, (iv) the willful and
material breach by Executive of any of his obligations hereunder, (v) failure by Executive to timely comply with a lawful direction or instruction given to him by the President of the Company or the Board or (vi) Executive
having been convicted of, or entering a plea of guilty or nolo contendere to, a crime that constitutes a felony or a misdemeanor involving moral turpitude (or comparable crime in any jurisdiction that uses a different nomenclature); provided
that, in the case of clause (i), (ii), (iii), (iv) or (v), the Company shall have given Executive 20 days prior written notice of such action and, if such action is capable of being cured, Executive shall not have cured such action to the
satisfaction of the Company within such 20 day period. 
 (c) Termination by Company Without Cause. The Company may
terminate Executive’s employment hereunder at any time by written notice to Executive. A termination “Without Cause” shall mean a termination of Executive’s employment by the Company other than as a result of his Disability or
for Cause. 

  
 3 

 (d) Termination by Executive for Good Reason. Executive may terminate his employment
for “Good Reason” (as defined below). A termination of employment by Executive for “Good Reason” shall mean a termination by Executive of his employment with the Company, by written notice to the Company specifying in reasonable
detail the circumstances claimed to provide the basis for such termination, within 30 days following the occurrence, without Executive’s consent, of any of the following events and the failure of the Company to correct the circumstances set
forth in Executive’s notice of termination within 20 days of receipt of such notice: (i) the assignment to Executive of duties that are significantly different from, and that result in a substantial diminution of, the duties
provided for in Section 2(b), (ii) a reduction in the rate of Executive’s Base Salary, or (iii) a material breach by the Company of this Agreement. 

(e) Notice of Termination. Any termination of Executive’s employment by the Company pursuant to Section 4(a), 4(b) or
4(c), or by Executive pursuant to Section 4(d) shall be communicated by a written Notice of Termination addressed to the other parties to this Agreement. A “Notice of Termination” shall mean a notice stating that Executive’s
employment with the Company has been or will be terminated and the specific provisions of this Section 4(e) under which such termination is being effected. 
 (f) Date of Termination. As used in this Agreement, the term “Date of Termination” shall mean (i) if Executive’s employment is terminated by his death, the date of his
death, (ii) if Executive’s employment is terminated by the Company, the latest of (A) the date on which Notice of Termination is given as contemplated by Section 4(e), (B) the date of termination
specified in such notice and (C) the date any applicable cure period ends (if such matter is not cured within such period), and (iii) if Executive’s employment is terminated by Executive for Good Reason, the later of
(A) the date specified in the Notice of Termination and (B) the date the cure period ends (if such matter is not cured within such period). 
 (g) Payments Upon Certain Terminations. 
 (i)
General. If the Executive’s employment terminates for any reason, the Executive (or his estate, beneficiary or legal representative) shall be entitled to receive (i) any earned or accrued but unpaid Base Salary through the
Date of Termination, (ii) in the case of any termination of employment other than for Cause, any earned but unpaid annual bonus with respect to any fiscal year of the Company ending prior to the Date of Termination and (iii) all
amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company (other than relating to severance) in which Executive was a participant during his employment with Company in accordance with the
terms thereof. 

  
 4 

 (ii) In the event of a termination of Executive’s employment by Company
Without Cause or a termination by Executive of his employment for Good Reason in either such case during the Employment Period (any such termination, a “Qualifying Termination”), Company shall pay to Executive (or, following his
death, to Executive’s beneficiaries), as liquidated damages in respect of claims based on provisions of this Agreement and provided Executive executes and delivers a general release of all claims in form and substance satisfactory to the
Company, his Base Salary, at the rate in effect hereunder immediately prior to the Qualifying Termination, which shall be payable in installments on Company’s regular payroll dates, for the Severance Period (as defined below), provided
that the Company may, within two and one half months of such Qualifying Termination, pay to Executive, in a single lump sum and in satisfaction of the Company’s obligations under this Section 4(g)(ii), an amount equal to the present
discounted value (calculated using a discount rate equal to the applicable Federal rate (as defined in Section 1274(d) of the Code)) of the installments of the Base Salary then remaining to be paid to Executive pursuant to this
Section 4(g)(ii). 
 (iii) Severance Period. For purposes of this Agreement, the “Severance
Period” shall mean the twenty four-month period following the Date of Termination unless such termination is in the final year of this agreement, in which case Severance Period shall mean the twelve-month period following the Date of
Termination. 
 (iv) No Duty to Mitigate. Executive shall not have a duty to mitigate the costs to the
Company under Section 4(g)(ii). 
 (v) No Duplication of Benefits. In the event of Executive’s
termination of employment during the Employment Period for any reason, the sole payments or obligations of the Company are provided for in this Section 4(g). In the event that Executive is entitled to payment under any plan, policy, program or
practice of the Company relating to severance, any such payment shall reduce the amounts otherwise payable hereunder. Notwithstanding the foregoing, this section shall not be deemed or construed to restrict or impair in any manner any rights
Executive may have in any restricted stock or stock option issued to him pursuant to any incentive equity plan, nor shall it be deemed or construed to limit or impair in any manner Executive’s right to benefits pursuant to the Chubb Re
Incentive Compensation Plan and/or Senior Management Incentive Compensation Plan. 
 (h) Resignation upon Termination.
Effective as of any Date of Termination, Executive shall resign, in writing, from all Board memberships and other positions then held by him with the Company and its Affiliates. 

  
 5 

 (i) Cessation of Professional Activity. Upon delivery of a Notice of Termination by
any party, the Company may relieve Executive of his responsibilities and require Executive to immediately cease all professional activity on behalf of the Company. In addition, in the event that the Board determines that there is a reasonable basis
for it to investigate whether circumstances exist that would, if true, permit the Board to terminate Executive’s employment for Cause, the Board may relieve Executive of his responsibilities during the pendency of such investigation. In the
event said investigation terminates without making a determination that Executive can be terminated for Cause, Employee’s responsibilities shall be reinstated, retroactive to the date upon which he was relieved of them. 

 

	5	Restrictive Covenants 

(a) Unauthorized Disclosure. From the date hereof, and during any period of employment with the Company or its affiliates and the
ten-year period following any termination thereof, without the prior written consent of the Board or its authorized representative, except to the extent required by an order of a court having jurisdiction or under subpoena from an appropriate
government agency, in which event, Executive shall use his best efforts to consult with the Board prior to responding to any such order or subpoena, and except as required in the performance of his duties hereunder, Executive shall not disclose any
confidential or proprietary trade secrets, customer lists, drawings, designs, information regarding product development, marketing plans, sales plans, manufacturing plans, management organization information (including but not limited to data and
other information relating to members of the Board, the Company or any of their affiliates or to management of the Company or any of its affiliates), operating policies or manuals, business plans, financial records, design or other financial,
commercial, business or technical information (i) relating to the Company or any of its affiliates or (ii) that the Company or any of its affiliates may receive belonging to suppliers, customers or others who do business with
the Company or any of its affiliates (collectively, “Confidential Information”) to any third person unless such Confidential Information (i) has been previously disclosed to the public or is in the public domain (in each
case, other than by reason of Executive’s breach of this Section 5(a) or a breach by any other person party to an agreement providing for similar protection to Confidential Information) or (ii) no longer has a significant
business purpose for the Company. 
 (b) Non-Competition. During the period commencing on the date hereof and ending on
the twelve month anniversary of the Date of Termination in the case of any other termination of employment (the “Restriction Period”), Executive will not directly or indirectly, alone or in conjunction with any Entity (as defined
below), own, manage, operate or control or participate in the ownership, management, operation or control of, or become associated, as an employee, director, officer, advisor, agent, consultant, principal, partner, member or independent contractor
with or lender to, any person, enterprise, firm, partnership, corporation, limited liability entity, cooperative or other 

  
 6 

 
entity (each, an “Entity”) engaged in or aiding others to conduct business that engages, or plans to engage, in any line of business that the Company or its affiliates engages
in, has made plans (of which Executive has or would reasonably be expected to have knowledge) to engage in at the time of Executive’s employment or, within the prior 12 months was engaged in, or otherwise competes, directly or indirectly, with
the Company or any of its affiliates. The ownership of less than 5% of the outstanding voting shares of any publicly held company which otherwise would be prohibited under this paragraph shall not constitute a violation of this paragraph.

 (c) Non-Disparagement. During the Employment Period and at any time thereafter, Executive shall not, directly or
indirectly, engage in any conduct or make any statement, whether in commercial or noncommercial speech, disparaging or criticizing in any way the Company or any of its affiliates (including, but not limited to, Trident III, L.P.
(“Trident”) and any of its affiliates), or any products or services offered by any of these, nor shall he engage in any other conduct or make any other statement that could be reasonably expected to impair the goodwill of any of
them, in each case except to the extent required by law, and then only after consultation with the Company or Trident, as the case may be, provided, however, that this Section 5(c) shall not inhibit the Executive’s ability to, reasonably
and in good faith, solicit customers pursuant to Section 5(e). 
 (d) Non-Solicitation of Employees, etc. For a
period of twenty-four months from the Date of Termination, Executive shall not, directly or indirectly, for his own account or for the account of any Entity in any jurisdiction in which the Company or any of its affiliates has commenced or has made
plans to commence operations at the time of Executive’s employment: 
 (i) solicit for employment, employ,
engage or otherwise interfere with the relationship of the Company or any of its affiliates with any natural person throughout the world who, at the time of such activity or at any time in the 12- month period preceding such activity, is or was
employed by, or otherwise engaged to perform services for, the Company or any of its affiliates, other than any such solicitation or employment on behalf of the Company or any of its affiliates during Executive’s employment with the Company; or

 (ii) induce any employee of, or consultant to, the Company or any of its affiliates to engage in any activity
that Executive is prohibited from engaging in under any of paragraphs of this Section 5, or to terminate his or her employment with the Company or any of its affiliates. 
 (e) Non-Solicitation of Customers. During the Restriction Period, Executive shall not, directly or indirectly, for his own account or for the account of any other Person, in any jurisdiction in
which the Company or any of its affiliates has commenced 

  
 7 

 
or made plans to commence operations, solicit or otherwise attempt to establish any business relationship of a nature that is competitive with the business or relationship of the Company or any
of its affiliates with any person throughout the world which is or was a customer, client or distributor of the Company or any of its affiliates at any time during which Executive was employed by the Company (in the case of any such activity during
such time) or during the twelve-month period preceding the Date of Termination (in the case of any such activity after the Date of Termination), other than any such solicitation on behalf of the Company or any of its affiliates during
Executive’s employment with the Company. 
 (f) Return of Documents. In the event of the termination of
Executive’s employment for any reason, Executive shall deliver to the Company all of (i) the property of each of the Company and its affiliates and (ii) the documents and data of any nature and in whatever medium of each
of the Company and its affiliates, and he shall not take with him any such property, documents or data or any reproduction thereof, or any documents containing or pertaining to any Confidential Information. 

(g) Notification. Executive will, during the Restriction Period, inform any prospective subsequent employer of the substance of
the terms and conditions of the restrictive covenants set forth in this Section 5. 
  

	6	Injunctive Relief with Respect to Covenants; Certain Acknowledgments; Etc. 

 (a) Injunctive Relief. Executive acknowledges and agrees that the covenants, obligations and agreements of Executive contained in Section 5 relate to special, unique and extraordinary matters
and that a violation of any of the terms of such covenants, obligations or agreements will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, Executive agrees that the Company shall be entitled to
an injunction, restraining order or such other equitable relief (without the requirement to post bond unless required by applicable law) as a court of competent jurisdiction may deem necessary or appropriate to restrain Executive from committing any
violation of such covenants, obligations or agreements. These injunctive remedies are cumulative and in addition to any other rights and remedies the Company may have. 
 (b) Blue Pencil. If any court of competent jurisdiction shall at any time deem the Restrictive Period too lengthy, the other provisions of Section 5 (Restrictive Covenants) shall nevertheless
stand and the Restrictive Period herein shall be deemed to be the longest period permissible by law under the circumstances. The court shall reduce the time period to permissible duration or size. 

(c) Certain Acknowledgements. Executive acknowledges and agrees that Executive will have a prominent role in the management of the
business, and the development of the goodwill, of the Company and its affiliates and will establish and 

  
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develop relations and contacts with the principal customers and suppliers of the Company and its affiliates in the United States of America and the rest of the world, all of which constitute
valuable goodwill of, and could be used by Executive to compete unfairly with, the Company and its affiliates and that (i) in the course of his employment with the Company, Executive will obtain confidential and proprietary information
and trade secrets concerning the business and operations of the Company and its affiliates in the United States of America and the rest of the world that could be used to compete unfairly with the Company and its affiliates; (ii) the
covenants and restrictions contained in Section 5 are intended to protect the legitimate interests of the Company and its affiliates in their respective goodwill, trade secrets and other confidential and proprietary information;
(iii) Executive desires and agrees to be bound by such covenants and restrictions; and (iv) the compensation to be provided to Executive (including, but not limited to, the option awards) are adequate consideration for the
restrictive covenants provided in Section 5. 
  

	7	Indemnification 

 The
Company hereby agrees that it shall indemnify and hold harmless Executive to the fullest extent permitted by law from and against any and all liabilities, costs, claims and expenses, including all costs and expenses incurred in defense of litigation
(including attorneys’ fees), arising out of the employment of Executive hereunder (but excluding disputes arising under this Agreement), except to the extent arising out of or based upon the gross negligence or willful misconduct of Executive
or a breach of any of Executive’s agreements, covenants or warranties hereunder. Costs and expenses incurred by Executive in defense of such litigation (including attorneys’ fees) shall be paid by Company in advance of the final
disposition of such litigation upon receipt by Company of (a) a written request for payment, (b) appropriate documentation evidencing the incurrence, amount and nature of the costs and expenses for which payment is being
sought, and (c) an undertaking adequate under applicable law made by or on behalf of Executive to repay the amounts so paid if it shall ultimately be determined that Executive is not entitled to be indemnified by the Company under this
Agreement, including but not limited to as a result of such exception. The Company and Executive will consult in good faith with respect to the conduct of any such litigation, and Executive’s counsel shall be selected with the consent of the
Company. This Section 7 shall survive the expiration of this Agreement. 
  

	8	Miscellaneous 

 (a)
Binding Effect; Assignment. This Agreement shall be binding on and inure to the benefit of the Company, and its respective successors and permitted assigns. This Agreement shall also be binding on and inure to the benefit of Executive and his
heirs, executors, administrators and legal representatives. This Agreement shall not be assignable by any party hereto without the prior written consent of the other parties 

  
 9 

 
hereto, except as provided pursuant to this Section 8(a). The Company may assign this Agreement or second or loan-out Executive without prior written approval of Executive (i) to
any subsidiary or affiliate of the Company including, without limitation, Harbor Point Re Limited and (ii) upon the transfer of all or substantially all of its business and/or assets (by whatever means), provided that, in the case
of (i), the Executive shall not be required to relocate to accommodate any such assignment, secondment or loan-out and in the case of (ii), the successor to the Company shall expressly assume and agree to perform this Agreement. 

(b) Entire Agreement. This Agreement, read in conjunction with the Letter Agreement which is referred to and incorporated into
Section 3(c) above, constitutes the entire agreement among the parties hereto with respect to the subject matter hereof. All prior correspondence and proposals (including but not limited to summaries of proposed terms) and all prior promises,
representations, understandings, arrangements and agreements relating to such subject matter (including but not limited to those made to or with Executive by any other person) are merged herein and superseded hereby. 

(c) Governing Law; Consent to Jurisdiction. This agreement shall be governed in all respects, including as to validity,
interpretation and effect, by the internal laws of New Jersey without giving effect to the conflict of laws rules thereof to the extent that the application of the law of another jurisdiction would be required thereby, except that the validity,
interpretation and effect of Section 7 (Indemnification) shall be governed by the laws of the State of Delaware. Each party hereby irrevocably submits to the jurisdiction of the courts of the State of New Jersey (in the county of Morris) and
the federal courts of the United States of America located in New Jersey solely in respect of the interpretation and enforcement of the provisions of this Agreement and of the documents referred to in this Agreement, and in respect of the
transactions contemplated hereby and thereby. Each party hereby waives and agrees not to assert, as a defense in any action, suit or proceeding for the interpretation and enforcement of the parties’ respective rights under this Agreement that
such action, suit or proceeding may not be brought or is not maintainable in such courts or that the venue thereof may not be appropriate or that this agreement or any such document may not be enforced in or by such courts. Each party hereby
consents to and grants any such court jurisdiction over the person of such parties solely for the purposes of an action for the interpretation and enforcement of this Agreement and over the subject matter of any such dispute and agree that the
mailing of process or other papers in connection with any such action or proceeding in the manner provided in Section 8(h) or in such other manner as may be permitted by law, shall be valid and sufficient service thereof. 

(d) Taxes. The Company may withhold from any payments made under this Agreement all applicable taxes, including but not limited to
income, employment and social insurance taxes, as shall be required by law. 

  
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 (e) Amendments. No provision of this Agreement may be modified, waived or discharged
unless such modification, waiver or discharge is approved by the Board or a Person authorized thereby and is agreed to in writing by Executive and, in the case of any such modification, waiver or discharge affecting the rights or obligations the
Company, is approved by the Board or a person authorized thereby. No waiver by any party hereto at any time of any breach by any other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other
party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No waiver of any provision of this Agreement shall be implied from any course of dealing between or among the parties
hereto or from any failure by any party hereto to assert its rights hereunder on any occasion or series of occasions. 
 (f)
Insurance. The Company may at its discretion and at any time apply for and procure as owner and for its own benefit and at its own expense, insurance on the life of Executive in such amounts and in such form or forms as the Company may
choose. Executive shall cooperate with the Company as reasonably requested in procuring such insurance and shall, at the reasonable request of the Company, submit to such medical examinations, supply such information and execute such documents as
may be reasonably required by the insurance company or companies to whom the Company has applied for such insurance. Executive shall have no interest whatsoever in any such policy or policies. 

(g) Severability. In the event that any one or more of the provisions of this Agreement shall be or become invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby. 
 (h) Notices. Any notice or other communication required or permitted to be delivered under this Agreement shall be (i) in writing, (ii) delivered personally, by courier
service or by certified or registered mail, first-class postage prepaid and return receipt requested, (iii) deemed to have been received on the date of delivery or, if so mailed, on the third business day after the mailing thereof, and
(iv) addressed as follows (or to such other address as the party entitled to notice shall hereafter designate in accordance with the terms hereof): 
 (i) If to the Company, to it at its then current headquarters, Attention: Chief Executive Officer. 
 (ii) if to Executive, to him at his residential address as then on file with the Company. 

  
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 Copies of any notices or other communications given under this Agreement shall also be given
to: 
 Stone Point Capital LLC 
 20 Horseneck Lane 
 Greenwich, CT 06830 

Attn: David Wermuth, Esq. 
 Fax: 203-862-2925 
 and to: 

Debevoise & Plimpton LLP 
 919 Third Avenue 
 New York, NY 10023 

Attn: Andrew L. Sommer, Esq. 
 Fax: 212-909-6836 
 (i) Headings. The section and other headings contained
in this Agreement are for the convenience of the parties only and are not intended to be a part hereof or to affect the meaning or interpretation hereof. 
 (j) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 

  
 12 

 IN WITNESS WHEREOF, the Company has duly executed this Agreement by its authorized
representative, and Executive has hereunto set his hand, in each case effective as of the date first above written. 
  

			
	 HARBOR POINT SERVICES, INC.

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 EXECUTIVE

	
	  

	

  
 13

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