Document:

Employment Letter

 Exhibit 10.75 
 October 2, 2006 
 Ms. Lorraine Siegworth 
 2113 Wesleyan Drive 
 Columbus, Ohio 43221 
 Dear Lorraine: 
 It is my pleasure to
welcome you to State Auto. This letter will confirm your employment agreement for the position of Vice President, Strategy and Organizational Effectiveness, with a starting date of October 17, 2006. 
 Your annual base salary will be $200,000, with a “signing” bonus of $50,000, to be paid as soon as practicable following your start date, (no
later than 30 days after start date.) You will also receive a minimum guaranteed bonus of $100,000, which will be paid as of June 1, 2007 or as soon as administratively practicable thereafter, but in no event later that August 1, 2007.
(Should your performance be above target, you are eligible for the additional short-term incentive payment amount above target consistent with the plan.) In addition to our standard benefit package, you will receive 20 days of vacation, effective
immediately, and two personal holidays. 
 You will be eligible to participate in the State Auto Quality Performance Bonus Plan (“QPB
Plan”) or any similar cash incentive compensation plan generally made available to executives of State Auto. This plan requires the employee to have completed two full calendar quarters of service to be eligible for a bonus under the Plan.
Since you would not be eligible for a bonus until the performance period beginning in April 2007, you will be paid an additional bonus equaling the amount of QPB bonus you would have received had you been eligible, if such a bonus is actually earned
during the fourth quarter of 2006 or first quarter of 2007. 
 I am recommending to the Compensation Committee of State Auto Financial
Corporation that a non-qualified stock option grant of 6,000 shares be awarded to you effective November 2, 2006, at the shares’ market price as of that date. These options will mirror the terms of the options granted to other officers of
the Company, including a ten year term and a three year graduated vesting schedule. 
 Finally, you will be eligible for a severance package
of two years’ cash compensation, payable if within three years of your start date, I were to relinquish the position of Chief Executive Officer of the State Auto Companies or there were a change in control of the Companies, provided you are
adversely affected in your employment following the election of a new CEO or a change in control. You will be granted one year’s cash compensation should you be terminated without cause. 

 As a senior executive, you will receive full indemnification coverage under a standard directors and
officers liability insurance policy at the expense of the Company. (The Company will indemnify, hold harmless and defend you to the fullest extent permitted by law against expenses and liabilities reasonably incurred by you, in connection with or
arising our of any action, suite, or proceeding in which you may be involved by reason of having been a director or officer of the company, or any subsidiary.) 
 Additional information on all State Auto benefit programs is enclosed. We look forward to seeing you in October. 
 Sincerely,

 /s/ Robert P. Restrepo, Jr. 
 Robert P. Restrepo, Jr. 
 Chairman, President and CEO 
 AttachmentEXHIBIT 10.31

 Exhibit 10.31 
 Document prepared by 
 Williams Mullen 
 222 Central Park Ave., Suite 1700 
 Virginia Beach, VA 23462 
 ASSUMPTION AND CONSENT AGREEMENT 
 (OLDE HAMPTON HOTEL ASSOCIATES PROJECT) 

 THIS ASSUMPTION AND CONSENT AGREEMENT (this “Agreement”) is made as of April 24, 2008, by and among HAMPTON HOTEL ASSOCIATES
LLC, a Delaware limited liability company (“Purchaser”), U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”) and HAMPTON REDEVELOPMENT AND HOUSING AUTHORITY (the “Issuer”). 
 WITNESSETH: 
 WHEREAS, pursuant to that
certain Indenture of Trust, dated as of December 1, 1998 (the “Indenture”), by and between the Issuer and Crestar Bank, predecessor-in-interest to the Trustee, the Issuer issued its $8,640,000 First Mortgage Revenue Refunding Bonds
(Olde Hampton Hotel Associates Project), Series 1998A (the “1998A Bonds”) and its $390,000 Taxable First Mortgage Revenue Bonds (Olde Hampton Hotel Associates Project), Series 1998B (the “1998B Bonds”, and together with the 1998A
Bonds, collectively the “Bonds”); and 
 WHEREAS, the 1998A Bonds were issued as Bond R-1 in the principal amount of $1,210,000
with a maturity date of July 1, 2003, and as Bond R-2 in the principal amount of $7,430,000 with a maturity date of July 1, 2016; and 
 WHEREAS, Bond R-1 has matured and is no longer outstanding and Bond R-2 remains outstanding with an outstanding principal balance of $5,750,000; and 
 WHEREAS, the 1998B Bonds have matured and are no longer outstanding; and 
 WHEREAS, the proceeds of the
Bonds were loaned to Olde Hampton Hotel Associates, a Virginia limited partnership (“OHHA”) pursuant to a Loan Agreement, dated as of December 1, 1998 (the “Loan Agreement”), by and between the Issuer and OHHA for the
purpose of refinancing a 172-room hotel and parking facility, including certain retail space located in Hampton, Virginia with all necessary related equipment (the “Project”); and 
 WHEREAS, OHHA’s obligations under the Loan Agreement are evidenced by its $8,640,000 Promissory Note, dated December 18, 1998 (the “Series
A Note”), and its $390,000 Promissory Note, dated December 18, 1998 (the “Series B Note”, and together with the Series A Note, collectively the “Notes”); and 
 WHEREAS, the Series B Note has been fully paid and the outstanding principal balance on the Series A Note is $5,750,000; and 

 WHEREAS, as additional security for the payment of the Notes, OHHA (i) assigned its rights, title
and interest in all leases of the Project and rents and profits therefrom pursuant to an Assignment of Rents and Leases, dated as of December 1, 1998 (the “Assignment”), between OHHA and the Trustee and (ii) granted a security
interest to the Trustee in certain Collateral as defined and described in the Security Agreement dated as of December 1, 1998 (the “Security Agreement”), between OHHA and the Trustee; and 
 WHEREAS, the Issuer assigned to the Trustee, all of its rights, title and interest in the Loan Agreement and the Notes; and 
 WHEREAS, to secure the payment of the Notes, OHHA granted a lien on, and security interest in, the Project pursuant to a Deed of Trust and Security
Agreement, dated as of December 1, 1998 (the “Deed of Trust”), from OHHA to the deed of trust trustees named therein for the benefit of the Trustee, which Deed of Trust is recorded in the Clerk’s Office of the Circuit Court of
the City of Hampton, Virginia in Deed Book 1269, at page 456; and 
 WHEREAS, on October 1, 2007, OHHA conveyed fee simple title to the
Project to Hampton Economic Development Corporation, a Virginia corporation (“HEDC”), subject to the lien of the Deed of Trust, but HEDC did not assume the obligations of OHHA under the Loan Agreement or the Notes; and 
 WHEREAS, HEDC now desires to convey the Project to the Purchaser, and in connection therewith the Purchaser desires to assume the obligations of OHHA
accruing from and after the date hereof under the documents appearing on Exhibit A attached hereto and made a part hereof, all such documents being hereinafter collectively referred to as the “Documents”; and 
 WHEREAS, Section 5.11 of the Loan Agreement prohibits the sale of the Project; and 
 WHEREAS, Section 5.8(c) of the Loan Agreement requires that any franchise for the operation of the Project must be acceptable to the Majority
Owners, as that term is defined in the Loan Agreement; and 
 WHEREAS, Section 5.15 of the Loan Agreement requires that any management
company for the Project must be acceptable to the Majority Owners; and 
 WHEREAS, the Purchaser wishes to obtain the consent of the Issuer,
the Trustee and the Majority Owners to (i) the sale of the Project to the Purchaser by HEDC pursuant to the Agreement for Sale and Purchase of Property, dated January 23, 2008 and any subsequent amendments thereto (the “Purchase
Agreement”), (ii) the assumption of all obligations of OHHA under the Documents by the Purchaser, (iii) the management of the Project subsequent to such sale by MHI Hotel Services, LLC pursuant to the Hotel Master Management
Agreement, dated as of December 31, 2004 (the “Management Agreement”), between MHI Hotel Services, LLC and MHI Hospitality TRS, LLC and (iv) the operation of the Project subsequent to such sale as a Crowne Plaza Hotel pursuant to
a Crowne Plaza Hotel Conversion License Agreement with Holiday Hospitality Franchising, Inc. to be dated the date of its execution and delivery (the “License Agreement”); and 
  

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 WHEREAS, the form of the opinion to be rendered by counsel for the Purchaser providing that this
Agreement is binding and enforceable against the Purchaser and the form of the opinion to be rendered by Bond Counsel have each been tendered to the Issuer and Trustee and are being executed and delivered simultaneously with the execution and
delivery hereof. 
 NOW, THEREFORE, in consideration of the foregoing and of other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties, as applicable, here agree as follows: 
 1. Purchaser hereby assumes all of
OHHA’s rights and obligations under the Documents accruing on or after the date hereof. Purchaser assumes no obligations for any losses, claims, lawsuits or damages of any kind arising in connection with the operation of the Project prior to
the date hereof or any violations of the Documents or obligations incurred or arising thereunder prior to the date hereof. Notwithstanding anything contained herein to the contrary, Purchaser’s assumption of obligations set forth herein is
expressly made pursuant to the liabilities and obligations under the Documents and subject to all exculpatory, non-recourse and other similar provisions contained in the Documents which limit the liability of the “Company” thereunder.

 2. By their execution of this Agreement, the Issuer and the Trustee, duly acting pursuant to written authorization on behalf of the
Majority Owners, hereby consent to (i) HEDC’s sale of the Project to the Purchaser pursuant to the Purchase Agreement, (ii) to the assumption of all obligations under the Documents by the Purchaser as described herein, (iii) to
the management of the Project subsequent to the sale of the Project to the Purchaser by MHI Hotel Services, LLC pursuant to the Management Agreement, and (iv) the operation of the Project subsequent to the sale of the Project to the Purchaser
as a Crowne Plaza Hotel pursuant to the License Agreement. 
 3. The Purchaser agrees to observe and perform all requirements imposed upon
the “Company” by the Indenture. 
 4. The Supplement to Loan Agreement and Restructure Agreement, dated as of December 31,
2004 (the “Supplement”), by and between the Issuer and OHHA is hereby terminated and the modifications made to the Loan Agreement pursuant to Section 3.1 of the Supplement are hereby cancelled and of no further legal force and effect.
The assumption by the Purchaser of OHHA’s obligations under the Loan Agreement hereunder shall be as if the Supplement was never executed and delivered, and as a result the original provisions of Section 5.8(a) of the original Loan
Agreement shall govern the Issuer, the Purchaser and the Trustee. 
 5. This Agreement shall be binding upon and inure to the benefit of the
parties, and their successors and assigns, and the provisions hereof may not be modified without the written approval and consent of all parties hereto. 
  

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 6. This Agreement may be executed in several counterparts, each of which shall be an original and all of
which shall constitute one and the same instrument. 
 7. From and after the date hereof, all notices required or permitted to be sent to the
“Company” under the Documents and the Indenture shall be sent to Purchaser at the following address, in the manner required under the Documents or the Indenture: 
 Hampton Hotel Associates LLC 
 c/o MHI
Hospitality Corporation 
 4801 Courthouse Street, Suite 201 
 Williamsburg, Virginia 23188 
 Attn: David Folsom, Chief Operating Officer 
 All notices required or permitted to be sent to the Trustee under the Documents and the Indenture shall be sent to the Trustee at the following address,
in the manner required under the Documents or the Indenture: 
 U.S. Bank National Association 
 Corporate Trust Services 
 1021 East Cary Street, 18th Floor 
 Richmond, Virginia 23219 
 8. This Agreement shall be governed in all respects by the laws of the Commonwealth of Virginia. 
 (Signature pages to follow) 
  

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 IN WITNESS WHEREOF, the parties have caused this Assumption and Consent Agreement to be executed by their
duly authorized representatives as of the date first written above. 
  

			
	ISSUER:
	
	 HAMPTON REDEVELOPMENT AND HOUSING AUTHORITY

		
	 By:
	 	 /s/ Eleanor Brown

		 	Chairman

 COMMONWEALTH OF VIRGINIA 
 CITY/COUNTY OF                             ; to wit: 
 The foregoing instrument was acknowledged before me,
                                        ,
Notary Public, this          day of April, 2008, by
                                        ,
who is personally known to me/presented                      as identification.
                             voluntarily acknowledged this instrument as Chairman of the Hampton
Redevelopment and Housing Authority. 
  

			
	  

	Notary Public
	Registration Number:	 	  

	My commission expires:	 	  

  

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	PURCHASER:
	
	 HAMPTON HOTEL ASSOCIATES LLC,
 a Delaware
limited liability company

		
	By:	 	 /s/ David R. Folsom

		 	David R. Folsom
		 	Managing Member

 COMMONWEALTH OF VIRGINIA 
 CITY/COUNTY OF                             ; to wit: 
 The foregoing instrument was acknowledged before me,
                                        ,
Notary Public, this          day of April, 2008, by David R. Folsom, who is personally known to me/who presented
                     as identification. David R. Folsom voluntarily acknowledged this instrument as Managing Member of Hampton Hotel
Associates, LLC. 
  

			
	  

	Notary Public
	Registration Number:	 	  

	My commission expires:	 	  

  

 6 

			
	TRUSTEE:
	
	 U.S. BANK NATIONAL ASSOCIATION,
 as Trustee

		
	By:	 	 /s/ Christopher H. Gehman

	Name:	 	 Christopher H. Gehman

	Title:	 	 Vice President

 STATE OF
                             
 CITY/COUNTY OF                             ; to wit: 
 The foregoing instrument was acknowledged before me,
                                        ,
Notary Public, this          day of April, 2008, by
                                        ,
who is personally known to me/who presented                      as identification.
                     voluntarily acknowledged this instrument as
                     of U.S. Bank National Association. 
  

			
	  

	Notary Public
	Registration Number:	 	  

	My commission expires:	 	  

  

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 EXHIBIT A 
 TO ASSUMPTION AND CONSENT AGREEMENT 
  

	1.	Loan Agreement 

  

	2.	Series A Note 

  

	3.	Deed of Trust 

  

	4.	Security Agreement 

  

	5.	Assignment of Rents and Leases 

  

	6.	Continuing Disclosure Agreement, dated December 1, 1998 

  

	7.	Any and all ancillary documents and certificates (including any amendments thereto) executed by OHHA and relating to the Bonds 

  

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