Document:

Exhibit 10.1
    

    
      

    

    
      AMENDED AND RESTATED EMPLOYMENT AGREEMENT
    

    
      AMENDED AND RESTATED EMPLOYMENT AGREEMENT, dated as of November 2, 2012
      (this “Employment Agreement”), by and among Humana Inc., a
      Delaware corporation (the “Company”), and Bruce D.
      Broussard (the “Executive”) (each of the Executive and the
      Company a “Party,” and together, the “Parties”).   
    

    
      WHEREAS, the Executive is currently employed as the President of the
      Company pursuant to an employment agreement between the Company and the
      Executive dated as of November 2, 2011 (the “Prior Agreement”);
      and
    

    
      WHEREAS, the Company’s Board of Directors (the “Board”)
      has appointed the Executive to also be its Chief Executive Officer
      effective as of January 1, 2013, and the Company and the Executive
      desire to amend and restate the Prior Agreement effective as of such
      date as set forth herein.
    

    
      NOW, THEREFORE, in consideration of the mutual covenants contained
      herein and other valid consideration, the sufficiency of which is
      acknowledged, the Parties hereto agree as follows:
    

    
      Section 1.  Employment.   
    

    
        1.1.  Term.  Subject to Section 3 hereof,
      the Company agrees to continue to employ the Executive, and the
      Executive agrees to continue to be employed by the Company, in each case
      pursuant to this Employment Agreement, for a period commencing on
      January 1, 2013 (such date of commencement, the “Effective Date”),
      and ending on the day preceding the third (3rd) anniversary
      of the Effective Date (the “Initial Term”); provided,
      however, that the period of the Executive’s employment pursuant to this
      Employment Agreement shall be automatically extended for successive one
      (1) year periods thereafter (each, a “Renewal Term”), in
      each case unless either Party hereto provides the other Party hereto
      with written notice that such period shall not be so extended at least
      one hundred eighty (180) days in advance of the expiration of the
      Initial Term or the then-current Renewal Term, as applicable (the
      Initial Term and any Renewal Term, collectively, the “Term”).  Each
      additional one (1) year Renewal Term shall be added to the end of the
      next scheduled expiration date of the Initial Term or Renewal Term, as
      applicable, as of the first day after the last date on which notice may
      be given pursuant to the preceding sentence.  The Executive’s period of
      employment pursuant to this Employment Agreement shall hereinafter be
      referred to as the “Employment Period.”
    

    
        1.2.  Duties.  During the Employment
      Period, the Executive shall serve as the President and Chief Executive
      Officer of the Company.  The Executive shall report directly to the
      Board.  In his position of President and Chief Executive Officer of the
      Company, the Executive shall perform such duties, functions and
      responsibilities during the Employment Period, commensurate with the
      Executive’s positions, as reasonably and lawfully directed by the Board.   
    

    

    

    
      
        

        

      

      
        

        

        
          

        

      

      
        

        

      

    

    

    

    
        1.3.  Exclusivity.  During the Employment
      Period, the Executive shall devote substantially all of his business
      time and attention to the business and affairs of the Company, shall
      faithfully serve the Company, and shall conform to and comply with the
      lawful and reasonable directions and instructions given to him by the
      Board, consistent with Section 1.2 hereof.  During the Employment
      Period, the Executive shall use his best efforts to promote and serve
      the interests of the Company and shall not engage in any other business
      activity, whether or not such activity shall be engaged in for pecuniary
      profit; provided, that nothing herein contained shall preclude
      service by the Executive on the boards of directors or trustees of other
      entities not engaged in any business competitive with the business of
      the Company or any of its Affiliates, provided that the Executive shall
      have received approval for any such board service in advance from the
      Board.
    

    
      Section 2.  Compensation.
    

    
        2.1.  Salary.  As compensation for the
      performance of the Executive’s services hereunder, during the Employment
      Period, the Company shall pay to the Executive a salary at an annual
      rate of $1,085,000 (the “Base Salary”) payable in
      accordance with the Company’s standard payroll policies.  The Base
      Salary will be reviewed annually and may be adjusted upward (but not
      downward) by the Organization & Compensation Committee of the Board (the
      “Committee”) in its discretion.
    

    
        2.2.  Annual Incentive.  For each calendar
      year ending during the Employment Period, the Executive shall be
      eligible to receive an annual cash incentive payment (the “Annual
      Incentive”) to be based upon Company performance and other criteria
      for each such calendar year as determined by the Committee and generally
      applicable to the Company’s other senior executives.  The Executive’s
      target Annual Incentive opportunity for each calendar year that ends
      during the Employment Period shall equal 150% of the Base Salary (the “Target
      Annual Incentive”) paid during the applicable year.  The maximum
      Annual Incentive which the Executive may receive shall be 150% of the
      Target Annual Incentive.  The actual Annual Incentive paid in respect of
      any calendar year depends on the extent to which performance goals, set
      annually by the Committee, are achieved and shall be payable in
      accordance with the terms of the Humana Inc. Executive Management
      Incentive Compensation Plan (the “Incentive Plan”).  The
      Annual Incentive shall be paid in cash.
    

    
        2.3.  Long-Term Compensation.  The
      Executive will be entitled to a  long-term incentive award in 2013 that
      will have a value of $5,000,000 (such value to be determined on the same
      basis as the Committee values such awards generally) and shall be in a
      form and on terms consistent with the long-term incentive awards for
      other senior executives of the Company granted in 2013.  Thereafter, the
      Executive shall be eligible for annual grants of equity awards or other
      long-term incentive awards in amounts and on terms and conditions
      comparable to the Company’s other senior executives, as determined by
      the Committee.  
    

    
        2.4.  Other Compensation and Employee Benefits.  During
      the Employment Period, the Executive shall be eligible to participate in
      such other compensation, employee benefit and executive perquisite
      plans, programs, policies and arrangements of the Company as in effect
      from time to time on the same basis as other senior executives of the
      Company.  
    

    

    

    
      
        

        

      

      
        
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        2.5.  Paid Time Off.  During each calendar
      year of the Employment Period, the Executive shall be entitled to
      twenty-eight (28) days of paid time off to be accrued, taken and carried
      over to subsequent years in accordance with the terms and conditions of
      the Company’s policy for its senior executives as in effect from time to
      time.
    

    
        2.6.  Business Expenses.  The Company shall
      pay or reimburse the Executive, upon presentation of documentation, for
      all commercially reasonable business out-of-pocket expenses that the
      Executive incurs during the Employment Period in performing his duties
      under this Employment Agreement and in accordance with the expense
      reimbursement policy of the Company.
    

    
        2.7.  Relocation.  The Executive will
      relocate his principal residence to the Louisville, Kentucky area no
      later than August 31, 2013.  The Company will provide the Executive with
      the standard relocation benefits under its relocation policy as in
      effect from time to time for the Company’s senior executives in
      connection with the Executive’s relocation from his current residence in
      the Houston, Texas area to the Louisville, Kentucky area.  Prior to his
      relocation, (i) the Executive shall be permitted to use Company aircraft
      for purposes of commuting from his current residence to the Company’s
      principal offices in Louisville, Kentucky upon terms and conditions to
      be agreed between the Company and the Executive from time to time and
      (ii) the Company shall pay the Executive a housing allowance in the
      amount of $10,000 per month.  There shall be no gross-up for, and the
      Executive shall be solely responsible for, any taxes he may incur in
      connection with the payments made or the benefits provided to him
      pursuant to this Section 2.7.
    

    
        2.8.  Attorney’s Fees.  The Company
      agrees to pay or reimburse the Executive for all reasonable attorney’s
      fees and related expenses incurred by the Executive in connection with
      the negotiation and execution of this Employment Agreement and related
      agreements, up to a maximum amount of $25,000.  
    

    
      Section 3.  Employment Termination.  
    

    
        3.1.  Termination of Employment.  The Company
      may terminate the Executive’s employment hereunder for any reason during
      the Term, and the Executive may voluntarily terminate his employment
      hereunder for any reason during the Term, in each case (other than a
      termination by the Company for Cause) at any time which in the case of a
      termination by the Executive shall be upon not less than thirty (30)
      days’ written notice to the Company (the date on which the Executive’s
      employment terminates for any reason is herein referred to as the “Termination
      Date”).  Upon the termination of the Executive’s employment with the
      Company for any reason, the Executive shall be entitled to (a) payment
      of any Base Salary earned but unpaid through the Termination Date, (b)
      any Annual Incentive that the Executive may be entitled to pursuant to
      the terms of the Incentive Plan for any fiscal year completed prior to
      the Termination Date, (c) accrued and unused paid time off (consistent
      with Section 2.5 hereof) paid out at the then effective per-business-day
      Base Salary rate and (d) any unreimbursed expenses in accordance
      with Section 2.6 hereof (collectively, the “Accrued Amounts”).
    

    

    

    
      
        

        

      

      
        
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        3.2.  Certain Terminations.
    

    
             (a)             Termination
      by the Company other than for Cause or Disability; Termination by the
      Executive for Good Reason; Non-Renewal; Change in Control-Related
      Termination.  If (i) during the Term, the Executive’s employment is
      terminated (A) by the Company other than for Cause or Disability or (B)
      by the Executive for Good Reason, or (ii) the Term expires by reason of
      the Company providing the Executive with written notice pursuant to
      Section 1.1 that the Term shall not be extended and the Executive
      terminates his employment for any reason within thirty (30) days after
      the expiration of the Term, in addition to the Accrued Amounts, the
      Company shall pay or provide to the Executive the amounts and benefits
      described below:
    

    
      (1) (A) if such termination is not a Change in Control-Related
      Termination, severance in an amount equal to two (2) times the
      Executive’s Base Salary (at the rate in effect immediately prior to the
      Termination Date), payable in a lump sum or (B) if such termination is a
      Change in Control-Related Termination, an amount equal to two (2) times
      the sum of (x) the Base Salary (at the rate in effect immediately prior
      to the Termination Date) plus (y) the maximum Annual Incentive that
      could have been earned by the Executive calculated as if all relevant
      goals applicable to such Annual Incentive had been met during the then
      fiscal year of the Company pursuant to the terms of the incentive
      compensation plan in which the Executive participates, payable in a lump
      sum (the amount described in (A) or (B), as applicable, the “Severance”);
    

    
      (2) (A) if such termination is not a Change in Control-Related
      Termination, the Executive and his qualifying spouse (the “Executive’s
      Spouse”) and other qualifying dependents shall be eligible for
      continuation of health and dental coverage pursuant to the Consolidated
      Omnibus Budget Reconciliation Act of 1985 (“COBRA”) and the
      terms of the applicable Company-sponsored health and dental plans (the “Group
      Health Plan”) and the Company will reimburse the Executive or the
      Executive’s Spouse, if the Executive dies, for the amount of the COBRA
      premiums the Executive or the Executive’s Spouse (in the case of the
      death of the Executive) pays in excess of the normal employee
      contribution for comparable Group Health Plan coverage provided by the
      Company and any reimbursement by the Company to the Executive or the
      Executive’s Spouse required under this Section 3.2(a)(2)(A) shall be
      made on the last day of the month in which the Executive or the
      Executive’s Spouse pays the amount required for such COBRA Coverage and
      (B) if such termination is a Change in Control-Related Termination, the
      Executive, the Executive’s Spouse and other qualifying dependents shall
      be eligible for continuation of Group Health Plan coverage pursuant to
      COBRA and the terms of the Group Health Plan and shall be eligible for
      continued coverage under all life insurance, accidental death and
      dismemberment insurance and disability insurance under plans and
      programs in which the Executive and/or the Executive’s dependents and
      beneficiaries participated immediately prior to the Termination Date,
      provided that continued participation is permitted under the general
      terms and provisions of such plans and programs, until, with respect to
      any plan or program including COBRA continuation coverage, the earliest
      of (x) twenty-four (24) months following the Termination Date, or
      (y) the effective date of the Executive’s coverage under equivalent
      benefits from a new employer provided that no such equivalent benefits
      shall be considered effective unless and until all pre-existing
      condition limitations and waiting period restrictions have been waived
      or have otherwise lapsed), and the Company will reimburse the Executive
      or the Executive’s Spouse, if the Executive dies, for the amount of all
      the premiums and payments the Executive or the Executive’s Spouse (in
      the case of the death of the Executive) pays for such continued coverage
      and any reimbursement by the Company to the Executive or the Executive’s
      Spouse required under this Section 3.2(a)(2)(B) shall be made on the
      last day of the month in which the Executive or the Executive’s Spouse
      pays the amount required for such continued coverage (the “Benefit
      Continuation”).
    

    

    

    
      
        

        

      

      
        
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      (3) a pro-rata incentive for the year in which the Termination Date
      occurs, equal to the Annual Incentive the Executive would have been
      entitled to receive had his employment not been terminated, based on the
      actual performance of the Company for the full year, multiplied by a
      fraction, the numerator of which is the number of days the Executive is
      employed by the Company during the applicable year prior to and
      including the Termination Date and the denominator of which is 365 (the “Pro-Rata
      Incentive”); provided, that, for the avoidance of doubt, the
      Pro-Rata Incentive shall satisfy any obligation the Company may have to
      pay a pro-rata incentive payment under the Incentive Plan; and
    

    
      (4) the following provisions shall apply to the Executive’s stock
      options and other equity-based compensation awards outstanding on the
      Termination Date, notwithstanding any contrary provision in the
      applicable award agreement or plan under which the award is granted:
    

    
      (A) all time-vested stock options shall become fully vested and
      exercisable and all time-vested equity-based awards other than stock
      options shall become fully vested and all restrictions thereon shall
      lapse, in each case as of the Termination Date;
    

    
      (B) all performance-vested stock options shall vest and become
      exercisable as of the Termination Date to the extent the options would
      have become exercisable had the target performance level been attained;
    

    
      (C) all vested stock options (including those which become vested
      pursuant to this Section 3.2(a) shall remain outstanding and exercisable
      until the second anniversary of the Termination Date or, if earlier,
      until the expiration of the term of the stock option; and
    

    
      (D) with respect to performance-vested equity-based awards other than
      stock options, a pro-rated number of shares or stock units subject to
      the award (based on the number of days in the performance period that
      have elapsed through the Termination Date) shall remain outstanding
      until the end of the applicable performance period and the percentage of
      such shares or stock units that become vested shall be determined based
      on the actual level of performance attained.
    

    

    

    
      
        

        

      

      
        
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             (b)  The Company’s obligations to pay the Severance and Pro-Rata
      Incentive and to provide the Benefit Continuation shall be conditioned
      upon: (i) the Executive’s continued compliance with his obligations
      under Section 4 of this Employment Agreement and (ii) the Executive’s
      execution, delivery and non-revocation of a valid and enforceable
      general release of claims (the “Release”) substantially in
      the form attached hereto as Exhibit A, within sixty (60) days
      after the Executive’s Termination Date.  Subject to the previous
      sentence and to Section 7.3, (i) the Pro-Rata Incentive shall be paid at
      the time when annual incentives are paid generally to the Company’s
      senior executives and (ii) the Severance will be paid to the Executive
      on the first payroll date following the date that coincides with or
      immediately follows the date that is sixty (60) days following the date
      of the Executive’s Separation From Service.  For purposes of this
      Employment Agreement, the term “Separation From Service”
      means a “separation from service” within the meaning of the default
      rules under section 409A of the Internal Revenue Code of 1986, as
      amended (the “Code”), and all regulations, guidance, and
      other interpretative authority issued thereunder (collectively, “Section 409A”).  In
      the event that the Executive is a “specified employee” within the
      meaning of Section 409A the Company shall pay the Executive the
      Severance as provided in Section 7.3(d).
    

    
             (c)   If participation in any of the Company plans or programs
      necessary to provide the Benefits Continuation is not permitted under
      the terms of any plan or program, the Company shall arrange at its own
      expense to provide the Executive with benefits substantially similar to
      those which the Executive would have been entitled to receive under such
      plans and programs.  At the end of the period of coverage, the Executive
      shall have the right to have assigned to him, at no cost and with no
      apportionment of unpaid premiums, any assignable life insurance policy
      relating specifically to him.  
    

    
        3.3.  Termination by Reason of Death or
      Disability.
    

    
             (a)  If the Executive’s employment is terminated by reason of the
      Executive’s death or Disability, in addition to the Accrued Amounts, the
      Company shall pay the Executive (or his heirs upon a termination by
      death) the Pro-Rata Incentive, payable at the time when annual bonuses
      are paid generally in respect of the year in which the Termination Date
      occurs.  For the avoidance of doubt, payment of a Pro-Rata Incentive
      pursuant to this Section 3.3 shall be in satisfaction of any obligation
      the Company may have to pay a pro-rata incentive under the Incentive
      Plan.  In addition, the following provisions shall apply to the
      Executive’s stock options and other equity-based compensation awards
      outstanding on the Termination Date, notwithstanding any contrary
      provision in the applicable award agreement or plan under which the
      award is granted:
    

    
      (1) all time-vested stock options shall become fully vested and
      exercisable and all time-vested equity-based awards other than stock
      options shall become fully vested and all restrictions thereon shall
      lapse, in each case as of the Termination Date;
    

    
      (2) all performance-vested stock options shall vest and become
      exercisable as of the Termination Date to the extent the options would
      have become exercisable had the target performance level been attained;
    

    

    

    
      
        

        

      

      
        
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      (3) all vested stock options (including those which become vested
      pursuant to this Section 3.3(a) shall remain outstanding and exercisable
      until the second anniversary of the Termination Date or, if earlier,
      until the expiration of the term of the stock option; and
    

    
      (4) with respect to performance-vested equity-based awards other than
      stock options, a pro-rated number of shares or stock units subject to
      the award (based on the number of days in the performance period that
      have elapsed through the Termination Date) that would have vested at the
      end of the performance period had the target performance level been
      attained shall vest as of the Termination Date.
    

    
             (b)  If the Executive’s employment is terminated by reason of the
      Executive’s death or Disability before a Change in Control the Executive
      (in the case the Executive’s employment is terminated by reason of his
      Disability), the Executive’s Spouse and other qualifying dependents
      shall be eligible for continuation of Group Health Plan coverage
      pursuant to COBRA and the terms of the Group Health Plan and the Company
      will reimburse the Executive (in the case the Executive’s employment is
      terminated by reason of his Disability) or the Executive’s Spouse (in
      the case the Executive’s employment is terminated by reason of his
      death) for the amount of the COBRA premiums the Executive or the
      Executive’s Spouse pays in excess of the normal employee contribution
      for comparable Group Health Plan coverage for up to the first 18 months
      of such coverage provided by the Company and any reimbursement by the
      Company to the Executive or the Executive’s Spouse required under this
      Section 3.3(b) shall be made on the last day of the month in which the
      Executive or the Executive’s Spouse pays the amount required for such
      COBRA Coverage.
    

    
             (c)  If the Executive’s employment is terminated by reason of the
      Executive’s death or Disability on or after a Change in Control the
      Executive (in the case the Executive’s employment is terminated by
      reason of his Disability), the Executive’s Spouse and other qualifying
      dependents shall be eligible for continuation of Group Health Plan
      coverage pursuant to COBRA and the terms of the Group Health Plan and
      shall be eligible for continued coverage under all life insurance,
      accidental death and dismemberment insurance and disability insurance
      under plans and programs in which the Executive and/or the Executive’s
      dependents and beneficiaries participated immediately prior to the date
      of the Executive’s death or Disability, provided that continued
      participation is permitted under the general terms and provisions of
      such plans and programs, until, with respect to any plan or program
      other than COBRA continuation coverage twenty-four (24) months following
      the Termination Date and in the case of COBRA continuation coverage for
      no less than twenty-four (24) months following the Termination Date and
      the Company will reimburse the Executive or the Executive’s Spouse, if
      the Executive dies, for the amount of all the premiums and payments the
      Executive or the Executive’s Spouse (in the case of the death of the
      Executive) pays for such continued coverage, provided, that in the case
      of COBRA continuation coverage such reimbursement under this
      Section 3.3(c) shall be limited to the first twenty-four (24) months of
      premiums paid by the Executive or the Executive’s Spouse, as the case
      may be, and any reimbursement by the Company to the Executive or the
      Executive’s Spouse required under this Section 3.3(c) shall be made on
      the last day of the month in which the Executive or the Executive’s
      Spouse pays the amount required for such continued coverage.
    

    

    

    
      
        

        

      

      
        
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             (d)  If participation in any of the Company plans or programs
      necessary to provide the benefits continuation described in Section
      3.3(b) or Section 3.3(c) is not permitted under the terms of any plan or
      program, the Company shall arrange at its own expense to provide the
      Executive with benefits substantially similar to those which the
      Executive would have been entitled to receive under such plans and
      programs.  At the end of the period of coverage, the Executive shall
      have the right to have assigned to him, at no cost and with no
      apportionment of unpaid premiums, any assignable life insurance policy
      relating specifically to him.  
    

    
        3.4.  Exclusive Remedy.  The foregoing
      payments upon termination of the Executive’s employment shall constitute
      the exclusive severance payments and benefits due the Executive upon a
      termination of his employment.  
    

    
        3.5.  Resignation from All Positions.  Upon
      the termination of the Executive’s employment with the Company for any
      reason, unless otherwise requested by the Company, the Executive shall
      resign, as of the date of such termination, from all positions he then
      holds as an officer, director, employee and member of the board of
      directors (and any committee thereof) of the Company and its
      Affiliates.  The Executive agrees to execute such writings as are
      required to effectuate the foregoing.
    

    
        3.6.  Cooperation.  Following the
      termination of the Executive’s employment with the Company for any
      reason, the Executive shall reasonably cooperate with the Company upon
      reasonable request of the Board and agrees to be reasonably available to
      the Company (taking into account any other full-time employment of the
      Executive) with respect to matters arising out of the Executive’s
      services to the Company and its subsidiaries.  The Executive shall be
      reimbursed for any expenses incurred by him at the request of the
      Company pursuant to this Section 3.6.
    

    
      Section 4.  Certain Covenants.
    

    
        4.1.  Confidential Information and Trade Secrets.
    

    
             (a)  The Executive recognizes that the Executive’s position with
      the Company requires considerable responsibility and trust, and, in
      reliance on the Executive’s loyalty, the Company may entrust the
      Executive with highly sensitive confidential, restricted and proprietary
      information involving Trade Secrets and Confidential Information.
    

    
             (b)  For purposes of this Employment Agreement, a “Trade
      Secret” is any scientific or technical information, design, process,
      procedure, formula or improvement that is valuable and not generally
      known to competitors of the Company. “Confidential Information”
      is any data or information, other than Trade Secrets, that is important,
      competitively sensitive, and not generally known by the public,
      including, but not limited to, the Company’s business plans, business
      prospects, training manuals, product development plans, bidding and
      pricing procedures, market strategies, internal performance statistics,
      financial data, confidential personnel information concerning employees
      of the Company, supplier data, operational or administrative plans,
      policy manuals, and terms and conditions of contracts and agreements.
      The terms “Trade Secrets” and “Confidential Information” shall not apply
      to information which is (i) already in the Executive’s possession
      (unless such information was used in connection with formulating the
      Company’s business plans, obtained by the Executive from the Company or
      was obtained by the Executive in the course of the Executive’s
      employment by the Company), or (ii) required to be disclosed by any
      applicable law.
    

    

    

    
      
        

        

      

      
        
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             (c)  Except as required to perform the Executive’s duties
      hereunder or as may be required by law or legal process or an order of a
      court of competent jurisdiction, the Executive will not use or disclose
      any Trade Secrets or Confidential Information of the Company during
      employment, at any time after termination of employment and prior to
      such time as they cease to be Trade Secrets or Confidential Information
      through no act of the Executive in violation of this Section 4.1.
    

    
             (d)  Upon the request of the Company and, in any event, upon the
      termination of employment hereunder, the Executive will surrender to the
      Company all memoranda, notes, records, plans, manuals or other documents
      pertaining to the Company’s business or the Executive’s employment
      (including all copies thereof). The Executive will also leave with the
      Company all materials involving Trade Secrets or Confidential
      Information of the Company. All such information and materials, whether
      or not made or developed by the Executive, shall be the sole and
      exclusive property of the Company, and the Executive hereby assigns to
      the Company all of the Executive’s right, title and interest in and to
      any and all of such information and materials.
    

    
        4.2.  Agreement Not to Compete and Agreement
      Not to Solicit.
    

    
             (a)  The Executive hereby covenants and agrees that for a period
      commencing on the date hereof and ending twenty-four (24)  months after
      the Executive’s Termination Date (the “Restricted Period”),
      the Executive, directly or indirectly, personally, or as an employee,
      officer, director, partner, member, owner, stockholder, investor or
      principal of, or consultant or independent contractor with, another
      entity, shall not participate in any business which competes with the
      Company including, without limitation, health maintenance organizations,
      insurance companies or prepaid health plan businesses in which the
      Company has been actively engaged during any part of the two (2) year
      period immediately preceding the Executive’s employment Termination Date
      (“Company Business”), in any Geographic Area (as defined
      below) in which the Company and/or any of its Affiliates is then doing
      business.  For purposes of this Employment Agreement, “Geographic
      Area” means any state, commonwealth or territory of the United
      States or any equivalent entity in any foreign country.
    

    
             (b)  The Executive hereby covenants and agrees that during the
      Restricted Period, the Executive, directly or indirectly, personally, or
      as an employee, officer, director, partner, member, owner, stockholder,
      investor or principal of, or consultant or independent contractor with,
      another entity, shall not:
    

    

    

    
      
        

        

      

      
        
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                (1)  Interfere with the relationship of the Company and any of
      its employees, agents, representatives, consultants or advisors.
    

    
                 (2)  Divert, or attempt to cause the diversion from the
      Company, any Company Business, nor interfere with relationships of the
      Company with its policyholders, agents, brokers, dealers, distributors,
      marketers, sources of supply or customers.
    

    
                 (3)  Solicit, recruit or otherwise induce or influence any
      employee of the Company to accept employment in any business which
      competes with the Company Business, in any Geographic Area in which the
      Company and/or any of its Affiliates is then doing business.
    

    
        4.3.  Extension of Restriction Period.  The
      Restricted Period shall be extended for any period during which the
      Executive is in breach of any provision of Section 4.2  hereof.
    

    
        4.4.  Proprietary Rights.  The Executive
      shall disclose promptly to the Company any and all inventions,
      discoveries, and improvements (whether or not patentable or registrable
      under copyright or similar statutes), and all patentable or
      copyrightable works, initiated, conceived, discovered, reduced to
      practice, or made by him, either alone or in conjunction with others,
      during the Executive’s employment with the Company and related to the
      business or activities of the Company and its Affiliates (the “Developments”).  Except
      to the extent any rights in any Developments constitute a work made for
      hire under the U.S. Copyright Act, 17 U.S.C. § 101 et seq. that are
      owned ab initio by the Company and/or its applicable Affiliate, the
      Executive assigns all of his right, title and interest in all
      Developments (including all intellectual property rights therein) to the
      Company or its nominee without further compensation, including all
      rights or benefits therefor, including without limitation the right to
      sue and recover for past and future infringement. The Executive
      acknowledges that any rights in any Developments constituting a work
      made for hire under the U.S. Copyright Act, 17 U.S.C § 101 et seq. are
      owned upon creation by the Company and/or its applicable Affiliate as
      the Executive’s employer.  Whenever requested to do so by the Company,
      the Executive, at the Company’s expense, shall execute any and all
      applications, assignments or other instruments which the Company shall
      deem necessary to apply for and obtain trademarks, patents or copyrights
      of the United States or any foreign country or otherwise protect the
      interests of the Company and its Affiliates therein.  These obligations
      shall continue beyond the end of the Executive’s employment with the
      Company with respect to inventions, discoveries, improvements or
      copyrightable works initiated, conceived or made by the Executive while
      employed by the Company, and shall be binding upon the Executive’s
      employers, assigns, executors, administrators and other legal
      representatives.  In connection with his execution of this Employment
      Agreement, the Executive has informed the Company in writing of any
      interest in any inventions or intellectual property rights that he holds
      as of the date hereof.  If the Company is unable for any reason, after
      reasonable effort, to obtain the Executive’s signature on any document
      needed in connection with the actions described in this Section 4.4, the
      Executive hereby irrevocably designates and appoints the Company and its
      duly authorized officers and agents as the Executive’s agent and
      attorney in fact to act for and on the Executive’s behalf to execute,
      verify and file any such documents and to do all other lawfully
      permitted acts to further the purposes of this Section 4.4 with the same
      legal force and effect as if executed by the Executive.
    

    

    

    
      
        

        

      

      
        
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        4.5.  Confidentiality of Agreement.  Other
      than with respect to information required to be disclosed by applicable
      law, the Executive agrees not to disclose the terms of this Employment
      Agreement to any Person; provided the Executive may disclose this
      Employment Agreement and/or any of its terms to the Executive’s
      immediate family, financial advisors and attorneys, so long as the
      Executive instructs every such Person to whom the Executive makes such
      disclosure not to disclose the terms of this Employment Agreement
      further.  Anytime after this Employment Agreement is filed with the
      Securities and Exchange Commission or any other government agency by the
      Company and becomes a public record, this provision shall no longer
      apply.   
    

    
        4.6.  Specific Enforcement.  The Executive
      specifically acknowledges and agrees that the restrictions set forth in
      this Section 4 are reasonable and necessary to protect the legitimate
      interest of the Company and that the Company would not have entered into
      this Employment Agreement in the absence of such restrictions. The
      Executive further acknowledges and agrees that any violation of the
      provisions of Section 4 hereof will result in irreparable injury to the
      Company, that the remedy at law for any violation or threatened
      violation of this Section 4 will be inadequate and that in the event of
      any such breach, the Company, in addition to any other remedies or
      damages available to it at law or in equity, shall be entitled to
      temporary injunctive relief before trial from any court of competent
      jurisdiction as a matter of course, and to permanent injunctive relief
      without the necessity of proving actual damages.
    

    
      Section 5.  Representation.  The Executive represents
      and warrants that (i) he is not subject to any contract, arrangement,
      policy or understanding, or to any statute, governmental rule or
      regulation, that in any way limits his ability to enter into and fully
      perform his obligations under this Employment Agreement and (ii) he is
      not otherwise unable to enter into and fully perform his obligations
      under this Employment Agreement.
    

    
      Section 6.  Non-Disparagement. From and after the
      Effective Date and following termination of the Executive’s employment
      with the Company, (i) the Executive agrees not to make any statement
      that is intended to become public, or that should reasonably be expected
      to become public, and that criticizes, ridicules, disparages or is
      otherwise derogatory of the Company or any of its Affiliates, employees,
      officers, directors or stockholders and (ii) the Company agrees not to
      issue any public statement that criticizes, ridicules, disparages or is
      otherwise derogatory of the Executive or any of his Affiliates or family
      and shall advise its directors and officers not to make any such public
      statement on the Company’s behalf.  
    

    
      Section 7.  Taxes.
    

    
        7.1. Withholding.  All amounts paid to the Executive
      under this Employment Agreement shall be subject to withholding and
      other income and employment taxes imposed by applicable law.  The
      Executive shall be solely responsible for the payment of all taxes
      imposed on him relating to the payment or provision of any amounts or
      benefits hereunder.  
    

    
      
        

        

      

      
        
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        7.2.  Section 280G.  (a) Notwithstanding
      anything contained in this Employment Agreement to the contrary, (i) to
      the extent that any payment or distribution of any type to or for the
      Executive by the Company, any Affiliate of the Company, any Person who
      acquires ownership or effective control of the Company or ownership of a
      substantial portion of the Company’s assets (within the meaning of
      Section 280G of the Code and the regulations thereunder), or any
      Affiliate of such Person, whether paid or payable or distributed or
      distributable pursuant to the terms of this Employment Agreement or
      otherwise (the “Payments”) constitute “parachute payments”
      (within the meaning of Section 280G of the Code), and if (ii) such
      aggregate would, if reduced by all federal, state and local taxes
      applicable thereto, including the excise tax imposed under Section 4999
      of the Code (the “Excise Tax”), be less than the amount the
      Executive would receive, after all taxes, if the Executive received
      aggregate Payments equal (as valued under Section 280G of the Code) to
      only three times the Executive’s “base amount” (within the meaning of
      Section 280G of the Code), less $1.00, then (iii) such Payments shall be
      reduced (but not below zero) if and to the extent necessary so that no
      Payments to be made or benefit to be provided to the Executive shall be
      subject to the Excise Tax.  All determinations required to be made under
      this Section 7.2 shall be made by a nationally recognized accounting
      firm that is (i) not serving as accountant or auditor for the
      individual, entity or group effecting the Change in Control and
      (ii) agreed upon by the Company and the Executive (the “Accounting
      Firm”), which shall provide detailed supporting calculations (which
      detailed supporting calculations shall include specific information
      about each Payment (including the amount of each Payment) and such other
      information as the Executive shall reasonably request or need to make
      the determination required of the Executive under this Section 7.2 both
      to the Company and the Executive within thirty (30) business days after
      the Termination Date (or such earlier time as is requested by the
      Company) and an opinion to the Executive that he has substantial
      authority not to report any Excise Tax imposed under section 4999 of the
      Code on his federal income tax return with respect to the Payments (as
      eliminated or reduced, if applicable, under such initial
      determination).  Any such determination by the Accounting Firm shall be
      binding upon the Company and the Executive.  If the Payments are so
      reduced, the Company shall reduce or eliminate the Payments (A) by first
      reducing or eliminating the portion of the Payments which are not
      payable in cash (other than that portion of the Payments subject to
      clause (C) hereof), (B) then by reducing or eliminating cash payments
      (other than that portion of the Payments subject to clause (C) hereof)
      and (C) then by reducing or eliminating the portion of the Payments
      (whether payable in cash or not payable in cash) to which Treasury
      Regulation § 1.280G-1 Q/A 24(c) (or successor thereto) applies, in each
      case in reverse order beginning with payments or benefits which are to
      be paid the farthest in time.
    

    
      (b)       It is possible that after the determinations and selections
      made pursuant to this Section 7.2 the Executive will receive
      Payments  that are, in the aggregate, either more or less than the
      amount provided under this Section 7.2 (hereafter referred to as an “Excess
      Payment” or “Underpayment,” respectively).  If it
      is established, pursuant to a final determination of a court or an
      Internal Revenue Service proceeding that has been finally and
      conclusively resolved, that an Excess Payment has been made, then the
      Executive shall promptly pay an amount equal to the Excess Payment to
      the Company, together with interest on such amount at the applicable
      federal rate (as defined in and under Section 1274(d) of the Code) from
      the date of the Executive’s receipt of such Excess Payment until the
      date of such payment.  In the event that it is determined (i) by a court
      or (ii) by the Accounting Firm upon request by a Party, that an
      Underpayment has occurred, the Company shall promptly pay an amount
      equal to the Underpayment to the Executive, together with interest on
      such amount at the applicable federal rate from the date such amount
      would have been paid to the Executive had the provisions of this Section
      7.2 not been applied until the date of such payment.
    

    
      
        

        

      

      
        
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                                    7.3  Section
      409A.  (a) The parties intend that any compensation, benefits and
      other amounts payable or provided to the Executive under this Employment
      Agreement are intended to be paid or provided in compliance with Section
      409A such that there will be no adverse tax consequences, interest, or
      penalties for the Executive under Section 409A as a result of the
      payments and benefits so paid or provided to him.  The parties agree to
      modify this Employment Agreement, or the timing (but not the amount) of
      the payment hereunder of severance or other compensation, or both, and
      any reimbursements to the extent necessary to comply with and to the
      extent permissible under Section 409A.  
    

    
      (b)       The terms “terminate,” “terminated” and “termination” mean a
      termination of the Executive’s employment that constitutes a Separation
      From Service and the date of the Executive’s Separation From Service
      shall be treated as the Executive’s Termination Date for purpose of
      determining the time of payment of any amount that becomes payable to
      Executive pursuant to Section 3 hereof upon the termination of his
      employment and that is treated as a “deferral of compensation” within
      the meaning of Section 409A.
    

    
      (c)       In the case of any amounts that are payable to the Executive
      under this Employment Agreement in the form of installment payments, the
      Executive’s right to receive such payments shall be treated as a right
      to receive a series of separate payments for purposes of Section 409A.  
    

    
      (d)       If the Executive is a “specified employee” within the meaning
      of Section 409A at the time of his Separation From Service within the
      meaning of Section 409A, then any payment otherwise required to be made
      to him under this Employment Agreement on account of his Separation From
      Service, to the extent such payment (after taking in to account all
      exclusions applicable to such payment under Section 409A) is properly
      treated as deferred compensation subject to Section 409A, shall not be
      made until the first business day after (i) the expiration of six months
      from the date of Executive’s Separation From Service, or (ii) if
      earlier, the date of Executive’s death (the “Delayed
      Payment Date”).  On the Delayed Payment Date, there shall be paid to
      the Executive or, if the Executive has died, to the Executive’s estate,
      in a single cash lump sum, an amount equal to the aggregate amount of
      the payments delayed pursuant to the preceding sentence.
    

    
      (e)       To the extent that the reimbursement of any expenses or the
      provision of any in-kind benefits pursuant to this Employment Agreement
      constitutes a “deferral of compensation” within the meaning of Section
      409A, (i) the amount of such expenses eligible for reimbursement, or
      in-kind benefits to be provided hereunder during any one calendar year
      shall not affect the amount of such expenses eligible for reimbursement
      or in-kind benefits to be provided hereunder in any other calendar year
      (except for any life-time or other aggregate limitation applicable to
      medical expenses); (ii) all such expenses eligible for reimbursement
      hereunder shall be paid to the Executive as soon as administratively
      practicable after any documentation required for reimbursement for such
      expenses has been submitted, but in any event by no later than December
      31 of the calendar year following the calendar year in which such
      expenses were incurred; and (iii) the Executive’s right to receive any
      such reimbursements or in-kind benefits shall not be subject to
      liquidation or exchange for any other benefit.   
    

    

    

    
      
        

        

      

      
        
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      Section 8.  Miscellaneous.
    

    
        8.1.  Certain Definitions. For purposes of this
      Employment Agreement, the following terms have the following meanings:
    

    
             (a)  “Affiliate”
      shall mean, with respect to any Person, any other Person which, directly
      or indirectly, is in control of, is controlled by, or is under common
      control with, such Person.
    

    
             (b)  “Cause”
      shall mean one of the following has occurred: (A) the Executive’s
      indictment for, or conviction or entry of a plea of guilty or nolo
      contendere to (1) any felony or (2) any crime (whether or not a felony)
      involving moral turpitude, fraud, theft, breach of trust or other
      similar acts, whether of the United States or any state thereof or any
      similar foreign law to which the Executive may be subject that has a
      substantial and adverse effect on the Executive’s qualifications or
      ability to perform his duties, (B) the Executive’s engaging in conduct
      constituting willful misconduct, gross negligence or fraud that results
      in a significant risk of economic harm to the Company or any of its
      Affiliates, (C) the Executive’s continued failure to substantially
      perform his duties if such failure is not remedied within fifteen (15)
      days after the Executive receives written notice thereof from the
      Company, (D) the Executive’s material violation of the provisions of
      Section 4 of this Employment Agreement or (E) the Executive’s failure to
      relocate to the Louisville, Kentucky area in accordance with Section
      2.7; provided, however, that if the Executive is terminated for Cause by
      reason of his indictment pursuant to clause (A) above and the indictment
      is subsequently dismissed or withdrawn or the Executive is found to be
      not guilty in a court of law in connection with such indictment, then
      the Executive’s termination shall be treated for purposes of this
      Employment Agreement as a termination by the Company other than for
      Cause or Disability, and the Executive shall be entitled to receive
      (without duplication of benefits) the payments and benefits set forth in
      Section 3.2(a) as applicable following such dismissal, withdrawal or
      finding, payable in the manner and subject to the conditions set forth
      in such Section 3.2(a). For purposes of this Section 8.1(b), no act, or
      failure to act, on the Executive’s part shall be deemed “willful” unless
      done, or omitted to be done, by the Executive not in good faith.  
    

    
             (c)  “Change
      in Control” shall have the meaning set forth on Exhibit B.    
    

    
             (d)  “Change
      in Control-Related Termination” shall mean, during the Employment
      Period, (i) the Executive’s termination by the Company other than for
      Cause, or termination by the Executive for Good Reason, in each case
      within twenty-four (24) months following a Change in Control, (ii) the
      Executive’s termination by the Company other than for Cause at any time
      prior to a Change in Control if such termination occurs after the
      Company entered into and has not terminated a definitive agreement, the
      consummation of which would constitute a Change in Control or
      (iii) termination by the Executive for any reason after the Company
      enters into and has not terminated a definitive agreement, the
      consummation of which would constitute a Change in Control, and the
      Company provides the Executive with written notice pursuant to Section
      1.1 that the Term shall not be extended.        
    

    

    

    
      
        

        

      

      
        
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             (e)  “Disability”
      shall mean the Executive is entitled to and has begun to receive
      long-term disability benefits under the long-term disability plan of the
      Company in which the Executive participates, or, if there is no such
      plan, the Executive’s inability, due to physical or mental ill health,
      to perform the essential functions of the Executive’s job, with or
      without a reasonable accommodation, for 180 days out of any 270 day
      consecutive day period.          
    

    
             (f)  “Good
      Reason” shall mean one of the following has occurred without the
      Executive’s written consent: (i) a material and adverse change in the
      Executive’s duties, authority or responsibilities, (ii) the Executive
      being required to report to anyone other than the Board, (iii) a
      reduction in the Executive’s base salary or target incentive
      opportunity, other than in connection with an across-the-board reduction
      applicable to all senior executives of the Company, (iv) following the
      Executive’s relocation to Louisville, Kentucky, the relocation of the
      Executive’s principal place of business resulting in an increase in the
      Executive’s one-way commute of more than thirty (30) miles, or (v) the
      failure of the Company to continue in effect a material incentive or
      other compensation plan unless the Company substitutes a plan providing
      substantially equivalent compensation opportunities.  In the event the
      Executive believes Good Reason to exist, the Executive must provide the
      Company with written notice no later than ninety (90) days after the
      first occurrence of the event or condition the Executive claims
      constitutes Good Reason specifying the basis for the Executive’s belief
      that Good Reason exists and must provide the Company with thirty (30)
      days to cure such event or condition.  Failing such cure by the Company,
      a termination of employment by the Executive for Good Reason shall be
      effective on the day following the expiration of such cure period; provided,
      however, that if the Term ends after the Executive provides the
      notice described above and prior to the Company curing any such event or
      condition, a termination by the Executive for Good Reason shall be
      effective on the last day of the Term; provided, further, however,
      that if such notice is provided less than ten (10) business days before
      the end of the Term, the Term shall be extended until the end of the
      tenth (10th) business day following the delivery of such
      notice to the Company.
    

    
             (g)  “Person”
      shall mean any individual, corporation, partnership, limited liability
      company, association, trust or other entity or organization, including a
      government or political subdivision or an agency or instrumentality
      thereof.
    

    
        8.2. Indemnification.  The Company shall indemnify
      and hold harmless the Executive pursuant to and in accordance with the
      terms of the Indemnification Agreement entered into by the Parties.  The
      Executive shall be covered under any directors’ and officers’ insurance
      that the Company maintains for its directors and other officers in the
      same manner and on the same basis as the Company’s directors and other
      officers.       
    

    
        8.3. Amendments and Waivers. Subject to
      applicable law, this Employment Agreement and any of the provisions
      hereof may be amended, modified, or supplemented, in whole or in part,
      only in a writing signed by all Parties hereto.  The waiver by a Party
      hereto of a breach by another party hereto of any provision of this
      Employment Agreement shall not operate or be construed as a further or
      continuing waiver of such breach by such other Party or as a waiver of
      any other or subsequent breach by such other Party, except as otherwise
      explicitly provided for in the writing evidencing such waiver. Except as
      otherwise expressly provided herein, no failure on the part of any Party
      to exercise, and no delay in exercising, any right, power or remedy
      hereunder, or otherwise available in respect hereof at law or in equity,
      shall operate as a waiver thereof, nor shall any single or partial
      exercise of such right, power or remedy by such Party preclude any other
      or further exercise thereof or the exercise of any other right, power or
      remedy.  
    

    
      
        

        

      

      
        
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        8.4. Assignment; No Third-Party Beneficiaries.  This
      Employment Agreement, and the Executive’s rights and obligations
      hereunder, may not be assigned by the Executive, and any purported
      assignment by the Executive in violation hereof shall be null and
      void.  Nothing in this Employment Agreement shall confer upon any Person
      not a party to this Employment Agreement, or the legal representatives
      of such Person, any rights or remedies of any nature or kind whatsoever
      under or by reason of this Employment Agreement, except the personal
      representative of the deceased Executive may enforce the provisions
      hereof applicable in the event of the death of the Executive. The
      Company is authorized to assign this Employment Agreement to a successor
      to substantially all of its assets.
    

    
        8.5. Notices.  Unless otherwise provided herein, all
      notices, requests, demands, claims and other communications to be given
      or delivered under or by reason of the provisions of this Employment
      Agreement shall be in writing and shall be deemed to have been duly
      received (a) upon receipt by hand delivery, (b) upon receipt after being
      mailed by certified or registered mail, postage prepaid, (c) upon
      receipt after being sent by email, (d) the next business day after being
      sent via a nationally recognized overnight courier, or (e) upon
      confirmation of delivery when sent via facsimile to the recipient.  Such
      notices, demands and other communications shall be sent to the address
      or facsimile number indicated below:
    

    
    	
          If to the Company:
        	
          Humana Inc.
        
	

        	
          500 West Main Street
        
	

        	
          Louisville, Kentucky
        
	

        	
          Attention: General Counsel
        
	

        	
          Facsimile: 502-508-4073
        
	

        	
          E-mail Address: ctodoroff@humana.com
        
	
           
        
	
          
             
          

        	
          
            with a copy to:
          

        
	
           
        
	

        	
          Fried, Frank, Harris, Shriver & Jacobson LLP
        
	

        	
          One New York Plaza
        
	

        	
          New York, NY 10004
        
	

        	
          Attention: Donald P. Carleen, Esq.
        
	

        	
          Facsimile: 212-859-4000
        
	

        	
          E-mail Address: donald.carleen@friedfrank.com
        

    

    

    

    
      
        

        

      

      
        
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          If to the Executive:
        	
          Bruce D. Broussard at his principal office at the Company (during
          the Employment Period), and at all times to his principal residence
          as reflected in the records of the Company.
        

    

    
        8.6.  Governing Law.  This Employment Agreement
      shall be construed and enforced in accordance with, and the rights and
      obligations of the parties hereto shall be governed by, the laws of the
      Commonwealth of Kentucky, without giving effect to the conflicts of law
      principles thereof.
    

    
        8.7.  Arbitration.  Other than with respect to
      provisions under Section 4 of this Employment Agreement, in the event of
      any dispute, controversy or claim between the Parties that arises out of
      or relates to this Employment Agreement, the Executive’s employment with
      the Company, or any termination of such employment, then either Party
      may, by written notice to the other, require that such dispute,
      controversy or claim be submitted to arbitration in accordance with the
      Commercial Arbitration Rules (the “Rules”) of the American
      Arbitration Association (the “AAA”).  A single arbitrator
      shall be selected by agreement of the Parties or, if they do not agree
      on an arbitrator within thirty (30) days after one Party has notified
      the other of his or its desire to have the matter settled by
      arbitration, then the arbitrator shall be selected pursuant to the Rules
      by the AAA in Louisville, Kentucky.  The determination reached in such
      arbitration shall be final and binding on the Parties without any right
      of appeal or further dispute, except as otherwise required by applicable
      law.  Unless otherwise agreed by the Parties, any such arbitration shall
      take place in Louisville, Kentucky.  Each party shall bear its own costs
      and expenses of the arbitrator’s expenses and administrative fees of
      arbitration; provided, that, if the Executive prevails on
      at least one material issue, the Company shall reimburse the Executive
      for reasonable attorney’s fees and related expenses incurred in
      connection with such dispute.
    

    
        8.8.  Severability.  Whenever possible,
      each provision or portion of any provision of this Employment Agreement,
      including those contained in Section 4 hereof, will be interpreted in
      such manner as to be effective and valid under applicable law, but if
      any provision of this Employment Agreement is held to be prohibited by
      or invalid under applicable law and if the rights or obligations of any
      party hereto under this Employment Agreement will not be materially and
      adversely affected thereby, (a) such provision will be fully severable,
      (b) this Employment Agreement will be construed and enforced as if such
      illegal, invalid or unenforceable provision had never comprised a part
      hereof, (c) the remaining provisions of this Employment Agreement will
      remain in full force and effect and will not be affected by the illegal,
      invalid or unenforceable provision or by its severance herefrom and (d)
      in lieu of such illegal, invalid or unenforceable provision, there will
      be added automatically as a part of this Employment Agreement a legal,
      valid and enforceable provision as similar in terms to such illegal,
      invalid or unenforceable provision as may be possible.  In addition,
      should a court or arbitrator determine that any provision or portion of
      any provision of this Employment Agreement, including those contained in
      Section 4 hereof, is not reasonable or valid, either in period of time,
      geographical area, or otherwise, the parties hereto agree that such
      provision should be interpreted and enforced to the maximum extent which
      such court or arbitrator deems reasonable or valid.
    

    

    

    
      
        

        

      

      
        
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        8.9.  Entire Agreement.  From and
      after the Effective Date, this Employment Agreement constitutes the
      entire agreement between the parties hereto, and supersedes all prior
      representations, term sheets, agreements and understandings (including
      the Prior Agreement and any prior course of dealings), both written and
      oral, between the parties hereto with respect to the subject matter
      hereof.
    

    
       8.10.  Counterparts.  This Employment Agreement
      may be executed in any number of counterparts, each of which shall be
      deemed an original, but all such counterparts shall together constitute
      one and the same instrument.
    

    
       8.11.  Binding Effect.  This Employment Agreement
      shall be binding upon and inure to the benefit of and be enforceable by
      the parties hereto and any of their respective successors, personal
      representatives and permitted assigns, including, without limitation,
      the Executive’s heirs and the personal representatives of the
      Executive’s estate and any successor to all or substantially all of the
      business and/or assets of the Company.
    

    
       8.12.  General Interpretive Principles.  Whenever
      used in this Employment Agreement, except as otherwise expressly
      provided or unless the context otherwise requires, any noun or pronoun
      shall be deemed to include the plural as well as the singular and to
      cover all genders. The headings of the sections, paragraphs,
      subparagraphs, clauses and subclauses of this Employment Agreement are
      for convenience of reference only and shall not in any way affect the
      meaning or interpretation of any of the provisions hereof. Unless
      otherwise specified, the terms “hereof,” “herein” and similar terms
      refer to this Employment Agreement as a whole (including the exhibits
      hereto), and references herein to Sections refer to Sections of this
      Employment Agreement.  Words of inclusion shall not be construed as
      terms of limitation herein, so that references to “include,” “includes”
      and “including” shall not be limiting and shall be regarded as
      references to non-exclusive and non-characterizing illustrations.
    

    
       8.13.  Non-Exclusivity of Rights; Full Settlement.  Except
      as provided in Section 3.4, nothing in this Employment Agreement shall
      prevent or limit the Executive’s continuing or future participation in
      any plan, program, policy or practice provided by the Company or its
      Affiliates and for which the Executive may qualify, nor shall anything
      herein limit or otherwise affect such rights as the Executive may have
      under any other contract or agreement with the Company or its
      Affiliates.  Amounts that are vested benefits or that the Executive is
      otherwise entitled to receive under any plan, policy, practice or
      program of or any other contract or agreement with the Company or its
      Affiliates at or subsequent to the Termination Date shall be payable in
      accordance with such plan, policy, practice or program or contract or
      agreement, except as explicitly modified by this Employment
      Agreement.  The Executive shall not be obligated to seek other
      employment or otherwise mitigate the amounts payable to the Executive
      under this Employment Agreement.
    

    
      [Signature Page Follows]
    

    

    

    
      
        

        

      

      
        
          18
        

        
          

        

      

      
        

        

      

    

    

    

    
      IN WITNESS WHEREOF, the parties have executed this Employment Agreement
      as of the date first written above.
    

    

    

    	
           
        	
          
            HUMANA INC.
          

        	

        
	

        	

        	

        	

        	
           
        
	

        	
          
            By:
          

        	
          
            /s/ Michael B. McCallister
          

        	

        
	

        	

        	
          
            Name:
          

        	
          
            Michael B. McCallister
          

        	

        
	

        	

        	
          
            Title:
          

        	
          
            Chairman and Chief Executive Officer
          

        	

        
	

        	

        	

        	

        	
           
        
	

        	

        	

        	

        	
           
        
	

        	

        	

        	

        	
           
        
	

        	
          
            EXECUTIVE
          

        	

        
	

        	

        	

        	

        	
           
        
	

        	

        	

        	

        	
           
        
	

        	
          
            /s/ Bruce D. Broussard
          

        	

        
	

        	
          
            Bruce D. Broussard
          

        	

        

    

    

    

    
      [Signature Page to Employment Agreement]
    

    

    

    
      
        

        

      

      
        
          19
        

        
          

        

      

      
        

        

      

    

    

    

    
      Exhibit A
    

    
      Release
    

    
      1.                 In consideration of the payments and benefits to be
      made under the Amended and Restated Employment Agreement, dated as of
      November 2, 2012 (the “Employment Agreement”), by and
      between Bruce D. Broussard (the “Executive”) and Humana
      Inc. (the “Company”) (each of the Executive and the
      Company, a “Party” and together, the “Parties”),
      the sufficiency of which the Executive acknowledges, the Executive, with
      the intention of binding himself and his heirs, executors,
      administrators and assigns, does hereby release, remise, acquit and
      forever discharge the Company and each of its subsidiaries and
      Affiliates (as defined in the Employment Agreement) (the “Company
      Affiliated Group”), their present and former officers, directors,
      executives, stockholders, agents, attorneys, employees and employee
      benefit plans (and the fiduciaries thereof), and the successors,
      predecessors and assigns of each of the foregoing (collectively, the “Company
      Released Parties”), of and from any and all claims, actions, causes
      of action, complaints, charges, demands, rights, damages, debts, sums of
      money, accounts, financial obligations, suits, expenses, attorneys’ fees
      and liabilities of whatever kind or nature in law, equity or otherwise,
      whether accrued, absolute, contingent, unliquidated or otherwise and
      whether now known or unknown, suspected or unsuspected, which the
      Executive, individually or as a member of a class, now has, owns or
      holds, or has at any time heretofore had, owned or held, arising on or
      prior to the date hereof, against any Company Released Party that arises
      out of, or relates to, the Employment Agreement, the Executive’s
      employment with the Company or any of its subsidiaries and Affiliates,
      or any termination of such employment, including claims (i) for
      severance or vacation or paid time off benefits, unpaid wages, salary or
      incentive payments, (ii) for breach of contract, wrongful discharge,
      impairment of economic opportunity, defamation, intentional infliction
      of emotional harm or other tort, (iii) for any violation of applicable
      state and local labor and employment laws (including, without
      limitation, all laws concerning unlawful and unfair labor and employment
      practices) and (iv) for employment discrimination under any
      applicable federal, state or local statute, provision, order or
      regulation, and including, without limitation, any claim under Title VII
      of the Civil Rights Act of 1964 (“Title VII”), the Civil
      Rights Act of 1988, the Fair Labor Standards Act, the Americans with
      Disabilities Act (“ADA”), the Family and Medical Leave Act,
      the Employee Retirement Income Security Act of 1974, as amended (“ERISA”),
      the Age Discrimination in Employment Act (“ADEA”), the
      Equal Pay Act, the Uniformed Services Employment and Reemployment Rights
      Act and any similar or analogous state statute.
    

    
      Notwithstanding the foregoing, this Release shall not apply and
      expressly excludes: (a) vested benefits under any plan maintained by the
      Company that provides for deferred compensation, equity compensation or
      pension or retirement benefits; (b) health benefits under any policy or
      plan currently maintained by the Company that provides for health
      insurance continuation or conversion rights including, but not limited
      to, rights and benefits to continue health care coverage under the
      Consolidated Omnibus Budget Reconciliation Act of 1985, as amended or
      similar state law; (c) any claim that cannot by law be waived or
      released by private agreement; (d) claims arising after the date of the
      Release; (e) to the extent not paid as of the date of this Release,
      payments and benefits to be made under the Employment Agreement; (f)
      claims under any directors and officers insurance policies; and (g)
      rights to indemnification Executive may have under the by-laws or
      certificate of incorporation of the Company and its Affiliates, any
      applicable indemnification agreements with the Company and its
      Affiliates or applicable law.
    

    

    

    
      
        

        

      

      
        
          A-1
        

        
          

        

      

      
        

        

      

    

    

    

    
      2.                 The Executive acknowledges and agrees that the
      release of claims set forth in this Release is not to be construed in
      any way as an admission of any liability whatsoever by any Company
      Released Party, any such liability being expressly denied.
    

    
      3.                 The release of claims set forth in this Release
      applies to any relief no matter how called, including, without
      limitation, (i) wages, (ii) back pay or front pay, (iii) compensatory
      damages, liquidated damages, punitive damages, damages for pain or
      suffering, (iv) costs, (v) attorneys’ fees and expenses, and (vi) any
      right to receive any compensation or benefit from any complaint, claim,
      or charge with any local, state or federal court, agency or board, or in
      any proceeding of any kind which may be brought against the Company as a
      result of such a complaint, claim or charge.  
    

    
      4.        The Executive specifically acknowledges that his acceptance of
      the terms of the release of claims set forth in this Release is, among
      other things, a specific waiver of his rights, claims and causes of
      action under Title VII, ADEA, ADA and any state or local law or
      regulation in respect of discrimination of any kind; provided, however,
      that nothing herein shall be deemed, nor does anything contained herein
      purport, to be a waiver of any right or claim or cause of action which
      by law the Executive is not permitted to waive.
    

    
      5.                 As to rights, claims and causes of action arising
      under the ADEA, the Executive acknowledges that he has been given a
      period of twenty-one (21) days to consider whether to execute this
      Release.  If the Executive accepts the terms hereof and executes this
      Release, he may thereafter, for a period of seven (7) days following
      (and not including) the date of execution, revoke this Release as it
      relates to the release of claims arising under the ADEA.  If no such
      revocation occurs, this Release shall become irrevocable in its
      entirety, and binding and enforceable against the Executive, on the day
      next following the day on which the foregoing seven-day period has
      elapsed.  If such a revocation occurs, the Executive shall irrevocably
      forfeit any right to payment of the Severance and Pro-Rata Incentive and
      provision of Benefit Continuation (each, as defined in the Employment
      Agreement), but the remainder of the Employment Agreement shall continue
      in full force.
    

    
      6.                 Other than as to rights, claims and causes of action
      arising under the ADEA, the release of claims set forth in this Release
      shall be immediately effective upon execution by the Executive.  
    

    
      7.                 The Executive acknowledges and agrees that he has
      not, with respect to any transaction or state of facts existing prior to
      the date hereof, filed any complaints, charges or lawsuits against any
      Company Released Party with any governmental agency, court or tribunal.
    

    
      8.                 The Executive acknowledges that he has been advised
      to seek, and has had the opportunity to seek, the advice and assistance
      of an attorney with regard to the release of claims set forth in this
      Release, and has been given a sufficient period within which to consider
      the release of claims set forth in this Release.
    

    

    

    
      
        

        

      

      
        
          A-2
        

        
          

        

      

      
        

        

      

    

    

    

    
      9.                 The Executive acknowledges that the release of claims
      set forth in this Release relates only to claims that exist as of the
      date of this Release.
    

    
      10.                The Executive acknowledges that the Severance,
      Pro-Rata Incentive and Benefit Continuation he is receiving in
      connection with the release of claims set forth in this Release and his
      obligations under this Release are in addition to anything of value to
      which the Executive is entitled from the Company.
    

    
      11.       Each provision hereof is severable from this Release, and if
      one or more provisions hereof are declared invalid, the remaining
      provisions shall nevertheless remain in full force and effect.  If any
      provision of this Release is so broad, in scope, or duration or
      otherwise, as to be unenforceable, such provision shall be interpreted
      to be only so broad as is enforceable.  
    

    
      12.       This Release constitutes the complete agreement of the Parties
      in respect of the subject matter hereof and shall supersede all prior
      agreements between the Parties in respect of the subject matter hereof
      except to the extent set forth herein.
    

    
      13.       The failure to enforce at any time any of the provisions of
      this Release or to require at any time performance by another party of
      any of the provisions hereof shall in no way be construed to be a waiver
      of such provisions or to affect the validity of this Release, or any
      part hereof, or the right of any party thereafter to enforce each and
      every such provision in accordance with the terms of this Release.
    

    
      14.       This Release may be executed in several counterparts, each of
      which shall be deemed to be an original, but all of which together shall
      constitute one and the same instrument.  Signatures delivered by
      facsimile shall be deemed effective for all purposes.
    

    
      15.       This Release shall be binding upon any and all successors and
      assigns of the Executive and the Company.
    

    
      16.       Except for issues or matters as to which federal law is
      applicable, this Release shall be governed by and construed and enforced
      in accordance with the laws of the Commonwealth of Kentucky without
      giving effect to the conflicts of law principles thereof.  
    

    
      [Signature Page Follows]
    

    

    

    
      
        

        

      

      
        
          A-3
        

        
          

        

      

      
        

        

      

    

    

    

    
      IN WITNESS WHEREOF, this Release has been signed as of
      ____________________, 20__.
    

    

    

    	
           
        	
          
            By:
          

        	
          
             
          

        	
          
             
          

          
             
          

        	

        
	

        	

        	
          
            Name:
          

        	
          
            Bruce D. Broussard
          

        	

        

    

    

    

    
      
        

        

      

      
        
          A-4
        

        
          

        

      

      
        

        

      

    

    

    

    
      Exhibit B
    

    
      The below definition of Change in Control is the definition used in the
      Humana Inc. Amended and Restated 2011 Stock Incentive Plan.  All
      definitions referred to but not defined herein shall have the meaning
      ascribed to them in the 2011 Stock Incentive Plan.
    

    
                “Change
      in Control” shall mean the occurrence of:
    

    
                (a)       An acquisition (other than directly from the
      Company) of any voting securities of the Company (the “Voting
      Securities”) by any “Person” (as the term person is used for
      purposes of Section 13(d) or 14(d) of the Exchange Act), immediately
      after which such Person has “Beneficial Ownership” (within
      the meaning of Rule 13d-3 promulgated under the Exchange Act) of twenty
      percent (20%) or more of the combined voting power of the Company’s then
      outstanding Voting Securities; provided, however, in determining whether
      a Change in Control has occurred, Voting Securities which are acquired
      in a “Non-Control Acquisition” (as hereinafter defined) shall not
      constitute an acquisition which would cause a Change in Control. A “Non-Control
      Acquisition” shall mean an acquisition by (i) an employee benefit
      plan (or a trust forming a part thereof) maintained by (A) the Company
      or (B) any corporation or other Person of which a majority of its voting
      power or its equity securities or equity interest is owned, directly or
      indirectly, by the Company (for purposes of this definition, a “Subsidiary”),
      (ii) the Company or its Subsidiaries, or (iii) any Person in connection
      with a “Non-Control Transaction” (as hereinafter defined);
    

    
                (b)       The individuals who, as of the effective date of
      this Plan are members of the Board (the “Incumbent Board”),
      cease for any reason to constitute at least two-thirds of the members of
      the Board; provided, however, that if the election, or nomination for
      election by the Company’s common stockholders, of any new director was
      approved by a vote of at least two-thirds of the Incumbent Board, such
      new director shall, for purposes of this Plan, be considered as a member
      of the Incumbent Board; provided further, however, that no individual
      shall be considered a member of the Incumbent Board if such individual
      initially assumed office as a result of either an actual or threatened
      solicitation of proxies or consents by or on behalf of a Person other
      than the Board (a “Proxy Contest”) including by reason of
      any agreement intended to avoid or settle any Proxy Contest; or
    

    
                (c)       The consummation of:
    

    
                          (i)       A merger, consolidation or reorganization
      involving the Company, unless such merger, consolidation or
      reorganization is a “Non-Control Transaction.” A “Non-Control
      Transaction” shall mean a merger, consolidation or reorganization of
      the Company where:
    

    
                                    (A)       the stockholders of the Company,
      immediately before such merger, consolidation or reorganization, own
      directly or indirectly immediately following such merger, consolidation
      or reorganization, at least seventy-five percent (75%) of the combined
      voting power of the outstanding Voting Securities of the corporation
      resulting from such merger or consolidation or reorganization (the “Surviving
      Corporation”) in substantially the same proportion as their
      ownership of the Voting Securities immediately before such merger,
      consolidation or reorganization;
    

    

    

    
      
        

        

      

      
        
          B-1
        

        
          

        

      

      
        

        

      

    

    

    

    
                                    (B)       the individuals who were members
      of the Incumbent Board immediately prior to the execution of the
      agreement providing for such merger, consolidation or reorganization
      constitute at least two-thirds of the members of the board of directors
      of the Surviving Corporation, or a corporation beneficially directly or
      indirectly owning a majority of the Voting Securities of the Surviving
      Corporation, and no agreement, plan or arrangement is in place to change
      the composition of the board of directors following the merger,
      consolidation or reorganization; and
    

    
                                    (C)       no Person other than (i) the
      Company, (ii) any Subsidiary, (iii) any employee benefit plan (or any
      trust forming a part thereof) maintained by the Company, the Surviving
      Corporation, or any Subsidiary, or (iv) any Person who, immediately
      prior to such merger, consolidation or reorganization had Beneficial
      Ownership of twenty percent (20%) or more of the then outstanding Voting
      Securities, has Beneficial Ownership of twenty percent (20%) or more of
      the combined voting power of the Surviving Corporation’s then
      outstanding voting securities.
    

    
                          (ii)      A complete liquidation or dissolution of
      the Company; or
    

    
                          (iii)     The sale or other disposition of all or
      substantially all of the assets of the Company to any Person (other than
      a transfer to a Subsidiary).
    

    
      Notwithstanding the foregoing, a Change in Control shall not be deemed
      to occur solely because any Person (the “Subject Person”)
      acquired Beneficial Ownership of more than the permitted amount of the
      then outstanding Voting Securities as a result of the acquisition of
      Voting Securities by the Company which, by reducing the number of Voting
      Securities then outstanding, increases the proportional number of Shares
      Beneficially Owned by the Subject Persons, provided that if a Change in
      Control would occur (but for the operation of this sentence) as a result
      of the acquisition of Voting Securities by the Company, and after such
      share acquisition by the Company, the Subject Person becomes the
      Beneficial Owner of any additional Voting Securities which increases the
      percentage of the then outstanding Voting Securities Beneficially Owned
      by the Subject Person, then a Change in Control shall occur.
    

    
      

    

    
      B-2Exhibit 10.2
    

    
      

    

    
      October 31, 2012
    

    
      Michael B. McCallister
Chairman and Chief Executive Officer
500
      West Main Street
Louisville, Kentucky 40202
    

    
      Re:  Non-Executive Chairmanship and Related Matters
    

    
      Dear Mike:
    

    
      This letter is intended to set forth our mutual understanding regarding
      your anticipated service as Non-Executive Chairman (“Chairman”)
      of the Board of Directors of Humana Inc. (the “Company”).  You
      have provided notice that you intend to retire as Chief Executive
      Officer of the Company effective as of December 31, 2012.  You and the
      Company agree that your service as Chairman will commence on January 1,
      2013.  The period during which you serve as Chairman is referred to in
      this letter as the “Term.”  
    

    
      During the Term, you will receive an annual Chairman’s retainer in the
      amount of $175,000.  This will be in addition to any other compensation
      to which you are entitled as a member of the Board of Directors.  You
      will be provided office space at one of the Company’s existing
      facilities in Louisville (other than the corporate headquarters at 500
      W. Main Street) and you will have access to administrative and other
      customary support, in each case as necessary to perform your duties as
      Chairman.  Your current administrative assistant will become part of the
      Company’s Office of the Chief Executive.   
    

    
      Reference is made to your Amended and Restated Employment Agreement
      dated as of May 16, 2008 (the “Employment Agreement”).  The
      Company hereby exercises its option under Section 14(a) of the
      Employment Agreement to enforce the restrictive covenant set forth
      therein.  You and the Company agree that the restrictive covenants will
      apply during the period commencing on January 1, 2013 and ending on the
      second anniversary of the termination of your service as a member of the
      Board.  As provided in Section 14(a) of the Employment Agreement, the
      Company will pay you in a lump sum on or before January 31, 2013 in the
      amount of $2,170,000, which represents two times your current base
      salary.  This amount is in addition to your annual bonus for 2012 which
      will be paid in the ordinary course.  The Company will continue to
      provide you benefits (i) during the Term, under either the medical,
      accident and life insurance plans available to members of the Company’s
      Board of Directors attached hereto as Exhibit A or the letter
      agreement with Company officers concerning health insurance availability
      (as described in Exhibit 10(mm) to the Company’s Annual Report on Form
      10-K for the fiscal year ended December 31, 1994) attached hereto as Exhibit
      B (the “Officer’s Plan”); and (ii) after the
      Term, under the Officers Plan (which for clarity will extend until you
      or your spouse are eligible for Medicare).
    

    
      
        

        

      

      
        

        

        
          

        

      

      
        

        

      

    

    

    

    
      Finally, the Company agrees that you will be entitled to purchase the
      painting currently located in your office at its appraised value of
      $7,500 and the desk in your office at its appraised value of $6,500.    
    

    
      If the above correctly reflects our understanding and agreement with
      respect to the foregoing matters, please confirm by signing below.
    

    

    

    	

        	

        	
          Very truly yours,
        
	

        	
           
        
	

        	

        	
          Humana Inc.
        
	

        	

        	

        	
           
        
	

        	

        	

        	
           
        
	

        	

        	

        	
           
        
	

        	

        	
          By:
        	
          /s/ James H. Bloem
        	

        
	

        	

        	
          Name:
        	
          James H. Bloem
        
	

        	

        	
          Title:
        	
          Senior Vice President, Chief Financial Officer &
        
	

        	

        	

        	
          Treasurer
        	

        
	

        	
           
        
	

        	
           
        
	

        	
           
        
	

        	
           
        
	

        	
           
        
	
          Accepted and agreed this 31st day of October, 2012:
        	

        	

        	

        
	

        	

        	

        	

        	
           
        
	

        	

        	

        	

        	
           
        
	

        	

        	

        	

        	
           
        
	
          
            /s/ Michael B. McCallister
          

        	

        	

        	

        	

        
	
          Michael B. McCallister
        	

        	

        	

        

    

    

    

    
      
        

        

      

      
        

        

        
          

        

      

      
        

        

      

    

    

    

    
      Exhibit A
    

    
      Board of Directors Medical, Accident and Life Insurance Plans
    

    
      DIRECTOR COMPENSATION
    

    	
          
            2013 Director Compensation Program (a)
          

        	
           
        
	
          Annual Retainer (2)
        	
          $85,000
        
	
          Non-Employee Chairman of the Board

          
            Additional Annual Retainer (1)
          

        	
          $175,000
        
	
          Lead Independent Director

          
            Additional Annual Retainer
          

        	
          $25,000
        
	
          Committee Chairman fee per year:

          
            1. Audit Committee Chair
          

          
            2. Organization & Compensation Committee Chair
          

          
            3. All other Committee Chairs
          

        	
          $25,000

          
            $18,000
          

          
            $12,000
          

        
	
          Executive Committee Member fee per year (1)
        	
          $12,000
        
	
          Common Stock per year

          
            (1st Business Day of January) (1)(3)
          

        	
          $140,000 in common stock

          
            (variable # of shares)
          

        
	
          Charitable Contributions Annual Match
        	
          up to $25,000
        
	
          Group Life and Accidental Death Insurance —

          
            (except Chairman)
          

        	
          $150,000 of coverage
        
	
          Group Life and Accidental Death Insurance—Chairman (1)
        	
          $400,000 of coverage
        
	
          Business Travel Accident Insurance
        	
          $250,000 of coverage
        
	
          Restricted Stock Units

          
            Granted Initial Date of Election (2)
          

        	
          Restricted Stock Unit grant equal to the dollar value
of the then
          current annual stock grant for directors
        
	
          Medical and Dental
        	
          
            Directors may elect to participate in the medical and
dental
            programs offered to Humana associates at a
comparable rate as
            paid by associates.
          

        

    

    	
          (1)
        	
          Only applicable to non-employee directors.
        
	
          (2)
        	
          Effective December 9, 2010, this initial award of Restricted Stock
          Units is forfeited if the director serves less than one year on the
          Company’s Board of Directors.
        
	
          (3)
        	
          Effective January 1, 2013, this annual stock award will be prorated
          if a director leaves the Board during the year for any reason.
        

    

    
      

      

      

    

    
      (a) Adopted as of 10/18/12
    

    

    

    
      
        

        

      

      
        

        

        
          

        

      

      
        

        

      

    

    

    

    
      Exhibit B
    

    
      Officers Plan
    

    
      MEMO TO: Officers - Humana Inc.
    

    
      COPY TO:
    

    
      FROM:
    

    
      DATE:
    

    
      SUBJECT:  EXTENDED HEALTH BENEFIT
    

    
      This is to advise you that the Compensation Committee of the Board of
      Directors has decided to make available an extended post-termination
      health insurance benefit to persons who are officers of Humana Inc.
    

    
      Such benefit will apply to persons who are officers at the time of
      termination whether such termination is voluntary or involuntary or by
      reason of disability or retirement; provided, that the benefit will not
      be available if termination shall be for cause.
    

    
      Participants will be entitled to continuation of health coverage, under
      an insured program available to Humana employees, until age sixty-five
      (65) by paying an amount for such coverage calculated in the manner
      provided under the Consolidated Omnibus Budget Reconciliation Act
      (COBRA).  This amount is equal to the total premium for such coverage,
      plus a small administrative fee.  Each participant's spouse also shall
      be entitled, as participant's dependent, to continuation of health
      insurance coverage until the spouse reaches age sixty-five (65) under
      the same plans as the participant and subject to the same terms and cost
      of coverage under those plans as the participant.  However, once the
      participant or spouse reaches age sixty-five (65) and is entitled to
      coverage under Medicare (or its successor), the Medicare-eligible
      individual shall not be entitled to dependent coverage under the other's
      coverage.  If the participant discontinues coverage for any reason,
      coverage will not be reinstated.

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