Document:

EX-10.2

 Exhibit 10.2 
  

 
 August 14, 2015 
 Don
Miller 
 Dear Don: 
 Effective as of the date thereof (the
“Award Date”), Bristow Group Inc. (the “Company”) hereby grants to you nonqualified stock options (“Options”) to purchase 26,406 Shares of common stock of the Company, $.01 par value (“Common Stock”),
in accordance with the Bristow Group Inc. 2007 Long Term Incentive Plan (the “Plan”). For the avoidance of doubt, the changes to the vesting of awards under the Plan that were adopted by the Compensation Committee of the Company’s
Board of Directors on June 4, 2014 that were memorialized in the Bristow Group Inc. Management Severance Benefits Plan for U.S. Employees effective as of June 4, 2014 shall not apply to the Nonqualified Stock Option Award contemplated
hereunder. 
 Your Options, including the conditions for the vesting thereof, are more fully described in the attached Appendix A, Terms and Conditions of
Employee Nonqualified Stock Options Award (which Appendix A, together with this letter, is the “Award Letter”). Any capitalized term used and not defined in the Award Letter has the meaning set forth in the Plan. In the event there is an
inconsistency between the terms of the Plan and the Award Letter, the terms of the Plan control. 
 The price at which you may purchase the Shares of Common
Stock covered by the Options is $39.91 per Share (“Exercise Price”) which is the Fair Market Value of a Share of Common Stock on the Award Date. Unless otherwise provided in the attached Appendix A, your Options will expire on
August 14, 2025 (“Expiration Date”), and will become vested and exercisable in installments (the “Number of Shares Exercisable”) as follows, provided that you have been continuously employed by the Company from the Award
Date through the respective “Vesting Date”: 
  

					
	Vesting Date	  	Number of Shares Exercisable	 
		
	 August 14, 2016
	  	 	8,802	  
	 August 14, 2017
	  	 	8,802	  
	 August 14, 2018
	  	 	8,802	  

 Note that in most circumstances, on the date(s) you exercise your Options, the difference between the exercise price and the
Fair Market Value of the stock on the date of exercise multiplied by the number of Shares you purchase, will be taxable income to you. You should closely review Appendix A and the Plan Prospectus for important details about the tax treatment of your
Options. This Options is subject to the terms and conditions set forth in the enclosed Plan, this Award Letter, the Prospectus for the Plan, and any rules and regulations adopted by the Compensation Committee of the Company’s Board of Directors
(the “Committee”). 
  

			
	Bristow Group Inc.	  	
	2103 City West Blvd., 4th Floor, Houston, Texas 77042, United States	  	
	t (713) 267 7600    f (713) 267 7620    www.bristowgroup.com	  	

 

 
  

 This Award Letter, the Plan and any other attachments should be retained in your files for future reference.

  

	
	Very truly yours,
	
	

	Hilary S. Ware
	Senior Vice President, Administration
	Enclosures

 

 
  

 Acknowledgement and Acceptance 

I, the undersigned, acknowledge that certain terms of this Nonqualified Stock Option Award may supersede the terms of another agreement between me and the
Company or a Company policy otherwise applicable to me, and I hereby accept this Nonqualified Stock Option Award subject to the terms, provisions and conditions of the Plan, the Award Letter, the administrative interpretations thereof and the
determinations of the Committee. 
  

							
	Date: August 14, 2015	 		 	Signature:	 	 /s/ Don Miller

		 		 		 	Don Miller

 

 
  

 Appendix A 

Terms and Conditions of 

Employee Nonqualified Stock Option Award 

August 14, 2015 
 The Options granted
to you by Bristow Group Inc. (the “Company”) to purchase Shares of common stock of the Company, $.01 par value (“Common Stock”), is subject to the terms and conditions set forth in the Bristow Group Inc. 2007 Long Term Incentive
Plan (the “Plan”), the enclosed Prospectus for the Plan, any rules and regulations adopted by the Compensation Committee of the Company’s Board of Directors (the “Committee”), and this Award Letter. Any capitalized term used
and not defined in the Award Letter has the meaning set forth in the Plan. In the event there is an inconsistency between the terms of the Plan and the Award Letter, the terms of the Plan control. 

 

	1.	Exercise Price 

 You may purchase the Shares of Common Stock covered by the Options for the Exercise
Price stated in this Award Letter. The Exercise Price of the Options may not be reduced, except as otherwise provided in Section 5.5 of the Plan and provided further that any such reduction does not cause the Options to become subject to Code
Section 409A. 
  

	2.	Term of Options 

 Your Options expires on the Expiration Date. However, your Options may terminate prior
to the Expiration Date as provided in Section 6 of this Appendix upon the occurrence of one of the events described in that Section. Regardless of the provisions of Section 6 of this Appendix, in no event can your Options be exercised
after the Expiration Date. 
  

	3.	Vesting and Exercisability of Options 

 (a) Unless they become
exercisable on an earlier date as provided in Sections 6 or 7 of this Appendix, your Options will become vested and exercisable in installments with respect to the Number of Shares Exercisable on the respective Vesting Date as set forth in this
Award Letter. 
 (b) The number of Shares covered by each installment will be in addition to the number of Shares
which previously became exercisable. 
 (c) To the extent your Options have become vested and exercisable, you may
exercise the Options as to all or any part of the Shares covered by the vested and exercisable installments of the Options, at any time on or before the earlier of (i) the Option Expiration Date or (ii) the date your Options terminates
under Section 6 of this Appendix. 
 (d) You may exercise the Options only for whole Shares of Common Stock. 

 

	4.	Exercise of Options 

 Subject to the limitations set forth in this Award Letter and in the Plan, your
Options may be exercised by written or electronic notice provided to the Company as set forth below. Such notice shall (a) state the number of Shares of Common Stock with respect to which your Options is being exercised, (b) unless
otherwise permitted by the Committee, be accompanied by a wire transfer, cashier’s check, cash or money order payable to the Company in the full amount of the Exercise Price for any Shares of Common

 

 
  

 
Stock being acquired plus any appropriate withholding taxes (as provided in Section 8 of this Appendix), or by other consideration in the form and manner approved by the Committee pursuant
to Sections 5 and 8 of this Appendix, and (c) be accompanied by such additional documents as the Committee or the Company may then require. If any law or regulation requires the Company to take any action with respect to the Shares specified in
such notice, the time for delivery thereof, which would otherwise be as promptly as possible, shall be postponed for the period of time necessary to take such action. You shall have no rights of a stockholder with respect to Shares of Common Stock
subject to your Options unless and until such time as your Options have been exercised and ownership of such Shares of Common Stock has been transferred to you. 

As soon as practicable after receipt of notification of exercise and full payment of the Exercise Price and appropriate withholding taxes, a certificate
representing the number of Shares purchased under the Options, minus any Shares retained to satisfy the applicable tax withholding obligations in accordance with Section 8 of this Appendix, will be delivered in street name to your brokerage
account (or, in the event of your death, to a brokerage account in the name of your beneficiary in accordance with the Plan) or, at the Company’s option, a certificate for such Shares will be delivered to you (or, in the event of your death, to
your beneficiary in accordance with the Plan). 
  

	5.	Satisfaction of Exercise Price 

 (a) Payment of Cash or Common
Stock. Your Options may be exercised by payment in cash (including cashier’s check, money order or wire transfer payable to the Company), in Common Stock, in a combination of cash and Common Stock or in such other manner as the Committee in
its discretion may provide. 
 (b) Payment of Common Stock. The Fair Market Value of any Shares of Common Stock
tendered or withheld as all or part of the Exercise Price shall be determined in accordance with the Plan on the date agreed to by the Company in advance as the date of exercise. The certificates evidencing previously owned Shares of Common Stock
tendered must be duly endorsed or accompanied by appropriate stock powers. Only stock certificates issued solely in your name may be tendered in exercise of your Options. Fractional Shares may not be tendered in satisfaction of the Exercise Price;
any portion of the Exercise Price which is in excess of the aggregate Fair Market Value of the number of whole Shares tendered must be paid in cash. If a certificate tendered in exercise of the Options evidences more Shares than are required
pursuant to the immediately preceding sentence for satisfaction of the portion of the Exercise Price being paid in Common Stock, an appropriate replacement certificate will be issued to you for the number of excess Shares. 

 

	6.	Termination of Employment 

 (a) General. The following rules apply
to your Options in the event of your death, Disability (as defined below), or other termination of employment. 
  

	 	(1)	Termination of Employment. If your employment terminates for any reason other than death or Disability (as those terms are used below), your Options will expire as to any unvested and not yet exercisable installments of
the Options on the date of the termination of your employment and no additional installments of your Options will become exercisable. Your Options will be limited to only the number of Shares of Common Stock which you were entitled to purchase under
the Options on the date of the termination of your employment and will remain exercisable for that number of Shares for the earlier of 90 days following the date of your termination of employment or the Expiration Date. 

 

 
  

	 	(2)	Death or Disability. If your employment terminates by reason of Disability, your Options will become 100% vested and fully exercisable as to all of the Shares covered by the Options and will remain exercisable until the
Expiration Date. If your employment terminates by reason of your death, your Options will become 100% vested and fully exercisable as to all of the Shares covered by the Options and will remain exercisable by your beneficiary in accordance with the
Plan until the Expiration Date. For purposes of this Appendix, Disability shall have the meaning given that term by the group disability insurance, if any, maintained by the Company for its employees or otherwise shall mean your complete inability,
with or without a reasonable accommodation, to perform your duties with the Company on a full-time basis as a result of physical or mental illness or personal injury you have incurred for more than 12 weeks in any 52 week period, whether consecutive
or not, as determined by an independent physician selected with your approval and the approval of the Company. 

  

	 	(3)	(c) Other Termination of Employment. If your employment terminates prior to the Vesting Date for any reason other than those provided in Section 6(a)(2) above, your unvested Nonqualified Stock Options Award upon
your termination of employment will be forfeited regardless of any provision to the contrary in any Company policy or employment or other agreement between you and the Company as of the date hereof. 

 

	 	(4)	Adjustments by the Committee. The Committee may, in its sole discretion, exercised before or after your termination of employment, declare all or any portion of your Options immediately exercisable and/or make
any other modification as permitted under the Plan. 

 (b) Committee Determinations. The Committee shall
have absolute discretion to determine the date and circumstances of termination of your employment and make all determinations under the Plan, and its determination shall be final, conclusive and binding upon you. 

 

	7.	Change in Control 

 Acceleration Upon Change in Control. Notwithstanding any
contrary provisions of this Award Letter, upon the occurrence of a Change in Control (as defined below) prior to your termination of employment, your Options will immediately become 100% vested and fully exercisable as to all Shares covered by the
Options and the Options will remain exercisable until the Expiration Date. A Change in Control of the Company shall be deemed to have occurred as of the first day any one or more of the following conditions shall have been satisfied: 

 

	 	(a)	The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”) of beneficial ownership (within the meaning of Rule 13d-3
promulgated under the Exchange Act) of Shares representing 35% or more of the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company
Voting Securities”); provided, however, that for purposes of this clause (a), the following acquisitions shall not constitute a Change in Control: (i) any acquisition directly from the Company, (ii) any acquisition by the Company,
(iii) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation or other entity controlled by the Company, or (iv) any acquisition by any corporation or other entity pursuant
to a transaction which complies with subclauses (i), (ii) and (iii) of clause (c) below; or 

 

 
  

	 	(b)	Individuals who, as of the Effective Date of the Plan, are members of the Board of Directors of the Company (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of
Directors of the Company; provided, however, that for purposes of this clause (b), any individual becoming a director subsequent to the date hereof whose election, or nomination for election by the Company’s stockholders, was approved by a vote
of at least a majority of the directors then comprising the Incumbent Board, shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office
occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board of Directors of
the Company; or 

  

	 	(c)	Consummation of a reorganization, merger, conversion or consolidation or sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), in each case,
unless, following such Business Combination, (i) all or substantially all of the individuals and entities who were the beneficial owners, respectively, of the Outstanding Company Voting Securities immediately prior to such Business Combination
beneficially own, directly or indirectly, more than 50% of the then outstanding combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors of the corporation or other entity resulting from
such Business Combination (including, without limitation, a corporation or other entity which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more
subsidiaries) in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the Outstanding Company Voting Securities, (ii) no Person (excluding any corporation or other entity resulting from such
Business Combination or any employee benefit plan (or related trust) of the Company or such corporation or other entity resulting from such Business Combination) beneficially owns, directly or indirectly, 35% or more of the combined voting power of
the then outstanding voting securities of the corporation or other entity resulting from such Business Combination except to the extent that such ownership existed prior to the Business Combination, and (iii) at least a majority of the members
of the board of directors of the corporation or other entity resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board of Directors of the
Company, providing for such Business Combination; or 

  

	 	(d)	Approval by the stockholders of the Company of a complete liquidation or dissolution of the Company other than in connection with the transfer of all or substantially all of the assets of the Company to an
affiliate or a Subsidiary of the Company. 

  

	8.	Tax Consequences and Income Tax Withholding 

 (a) You should
review the Bristow Group Inc. 2007 Long Term Incentive Plan Prospectus for a general summary of the federal income tax consequences of your receipt of these Options based on currently applicable provisions of the Code and related regulations. The

 

 
  

 
summary does not discuss state and local tax laws or the laws of any other jurisdiction, which may differ from U.S. federal tax law. Neither the Company nor the Committee guarantees the tax
consequences of your Incentive Award herein. You are advised to consult your own tax advisor regarding the application of the tax laws to your particular situation. 

(b) The Options are not intended to be “incentive stock options,” as defined in Section 422 of the Code.

 (c) This Award Letter is subject to your making arrangements satisfactory to the Committee to satisfy any
applicable federal, state or local withholding tax liability arising from the grant or exercise of your Options. You can either make a cash payment to the Company of the required amount or you can elect to satisfy your withholding obligation by
having the Company retain Shares of Common Stock having a Fair Market Value on the date tax is determined equal to the amount of your withholding obligation from the Shares otherwise deliverable to you upon the exercise of your Options. You may not
elect to have the Company withhold Shares of Common Stock having a value in excess of the minimum statutory withholding tax liability. If you fail to satisfy your withholding obligation in a time and manner satisfactory to the Committee, the Company
shall have the right to withhold the required amount from your salary or other amounts payable to you prior to transferring any Shares of Common Stock to you pursuant to these Options. 

(d) In addition, you must make arrangements satisfactory to the Committee to satisfy any applicable withholding tax
liability imposed under the laws of any other jurisdiction arising from your Incentive Award hereunder. You may not elect to have the Company withhold Shares having a value in excess of the minimum withholding tax liability under local law. If you
fail to satisfy such withholding obligation in a time and manner satisfactory to the Committee, no Shares will be issued to you or the Company shall have the right to withhold the required amount from your salary or other amounts payable to you
prior to the delivery of the Common Stock to you. 
  

	9.	Restrictions on Resale 

 There are no restrictions imposed by the Plan on the resale of Shares of Common
Stock acquired under the Plan. However, under the provisions of the Securities Act of 1933 (the “Securities Act”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”), resales of Shares acquired
under the Plan by certain officers and directors of the Company who may be deemed to be “affiliates” of the Company must be made pursuant to an appropriate effective registration statement filed with the SEC, pursuant to the provisions of
Rule 144 issued under the Securities Act, or pursuant to another exemption from registration provided in the Securities Act. At the present time, the Company does not have a currently effective registration statement pursuant to which such resales
may be made by affiliates. There are no restrictions imposed by the SEC on the resale of Shares acquired under the Plan by persons who are not affiliates of the Company; provided, however, that all employees, this Award Letter and the Options and
their exercise hereunder are subject to the Company’s policies against insider trading (including black-out periods during which no sales are permitted), and to other restrictions on resale that may be imposed by the Company from time to time
if it determines said restrictions are necessary or advisable to comply with applicable law. 
  

	10.	Effect on Other Benefits 

 Income recognized by you as a result of this Award Letter or the exercise of
the Options or sale of Common Stock will not be included in the formula for calculating benefits under any of the Company’s retirement and disability plans or any other benefit plans. 

 

 
  

	11.	Compliance with Laws 

 This Award Letter and any Common Stock that may be issued hereunder shall be
subject to all applicable federal and state laws and the rules of the exchange on which Shares of the Company’s Common stock are traded. The Plan and this Award Letter shall be interpreted, construed and constructed in accordance with the laws
of the State of Delaware and without regard to its conflicts of law provisions, except as may be superseded by applicable laws of the United States. 
  

	12.	Miscellaneous 

 (a) Not an Agreement for Continued Employment or
Services. This Award Letter shall not, and no provision of this Award Letter shall be construed or interpreted to, create any right to be employed by or to provide services to or to continue your employment with or to continue providing services
to the Company, or the Company’s affiliates, Parent or Subsidiaries or their affiliates. 
 (b) Community
Property. Each spouse individually is bound by, and such spouse’s interest, if any, in the grant of these Options or in any Shares of Common Stock is subject to, the terms of this Award Letter. Nothing in this Award Letter shall create a
community property interest where none otherwise exists. 
 (c) Amendment for Code Section 409A. This Incentive
Award is intended to be exempt from Code Section 409A. If the Committee determines that this Incentive Award may be subject to Code Section 409A, the Committee may, in its sole discretion, amend the terms and conditions of this Award
Letter to the extent necessary to comply with Code Section 409A. 
 If you have any questions regarding your Options or would like to obtain additional
information about the Plan or the Committee, please contact the Company’s Chief Legal Officer, Bristow Group Inc., 2103 City West Blvd., 4th Floor, Houston, Texas 77042 (telephone (713) 267-7600).
Your Award Letter, the Plan and any other attachments should be retained in your files for future reference.Exhibit 10.1 - 06.30.15

Exhibit 10.1

	
			
	 
	 
	Jeffrey T. Bowman

	 
	 
	President & Chief Executive Officer

May 15, 2015
Ken Fraser
7285 Laurel Oak Drive
Suwanee, GA 30024

		
	Re:
	Executive Vice President, Strategy & Performance Development

Ken,
Consistent with our recent conversations, this offer letter (including the Confidentiality, Non-Solicitation and Non-Competition Agreement attached as Exhibit A hereto, collectively the “Offer Letter”) sets forth the terms and conditions of your employment with Crawford & Company (“Crawford” or the “Company”).   If you choose to accept this offer, please sign and date below and return the executed Offer Letter to my attention.
1.Title and Duties.  You will be employed as Executive Vice President, Strategy & Performance Development.  In this capacity you will be based in Atlanta, Georgia, and will report to Crawford’s President and Chief Executive Officer.  Your Grade Level will be E19.  You will be expected to perform such duties and responsibilities customary to this position and as are reasonably necessary to the operations of the Company.  You will be expected to comply with all provisions of the Company’s Employee Handbook and any other Company policies that may be in effect from time to time during your employment.  The Company reserves the right to change any and all of its policies, including its benefit and compensation plans, and the specific duties of your position.
2.Compensation.
(a)Base Salary.  Your annual base salary will be $375,000, less all applicable deductions and withholdings (“Base Salary”), payable bi-weekly in accordance with the Company’s standard payroll practices.  Your Base Salary will be reviewed annually, and any increases will be effective as of the date determined by Crawford’s executive management team.  Because your position is exempt from overtime pay, your Base Salary will compensate you for all hours worked.
(b)     Bonus.  Subject to approval of Crawford’s Board of Directors, you are eligible to participate in the Crawford Short Term Incentive Plan (“STIP”).  Your STIP Target Bonus will be 57.50% of your Base Salary, with a maximum STIP bonus of 115% of your Base Salary.  Any STIP bonus will be payable in accordance with the STIP terms, and will be subject to applicable withholding taxes.  The bonus earned and payable to you for 2015 shall not be prorated based on your service in 2015.
(c)    Long Term Incentive. Subject to approval of Crawford’s Board of Directors, you are also eligible to participate in the Crawford Long Term Incentive Plan (“LTIP”).  For 2015 the LTIP award will be 23,300 performance shares.   LTIP awards are granted pursuant to the terms of the LTIP by Crawford’s Board of Directors.  To the extent granted, awards are typically paid in February of each calendar year. 
(d)    The terms of the Crawford STIP and LTIP are incorporated herein by reference.

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

(e)    Subject to approval of Crawford’s Board of Directors, you will be granted an award of 25,000 shares of Restricted Stock, payable in shares of Crawford Class A Common Stock, with vesting at 33.33%, issued under and subject to the terms conditions of the Crawford & Company Executive Stock Bonus Plan.
3.    Employee Benefits.  You shall be eligible to participate in the employee benefit plans and programs maintained by the Company and offered to executive level employees from time to time, to the extent you otherwise qualify under the provisions of any such plans which are incorporated herein by reference.  The Company reserves the right to modify its benefit offerings as it deems appropriate.  The Company’s current vacation policy provides you with four weeks paid vacation per calendar year. 
4.    Auto Allowance.  During the term of your employment, at your option, the Company shall either (i) provide an automobile suitable for your purposes, with an acquisition value not to exceed $60,000, or (ii) a monthly auto allowance of $960. Payable bi-weekly in accordance with the Company’s standard payroll practices and subject to withholding taxes, all in accordance with the Company’s automobile program.  
5.    Severance.  In the event your employment with the Company should be terminated (i) in the event of a “change-in-control” of the Company or (ii) without cause, both as solely defined by the Chief Executive Officer, the Company agrees that you will be paid severance compensation, in lump sum, in an amount equal to: (i) one year of your then current base salary plus (ii) the pro-rated amount of any bonus which would have been earned for the performance year in which the termination occurs, provided all applicable performance conditions are met, all subject to withholding for all applicable taxes, payable as soon as is practicable following the termination of employment (subject to required waiting periods under Section 409A of the Internal Revenue Code or any other applicable statute or regulation).  This severance compensation shall be in lieu of any other severance payments you may be entitled to as a result of such termination of employment.  Your receipt of any such severance payment is subject to execution by you and Crawford of an agreement achieving mutually acceptable terms on matters pertaining to:
(a)return of all Crawford property, documents, or instruments;
(b)no admission of liability on the part of Crawford;
(c)general release of any and all claims;
(d)non-disclosure of the arrangements;
(e)non-solicitation of employees and customers;
(f)non-competition;
(g)cooperation, and
(h)non-disparagement.
6.    At-Will Employment.  Your employment with the Company is for no specified period of time.  Your employment relationship will remain at-will and either you or the Company may terminate the relationship at any time, for any reason.  
7.    Confidentiality, Non-Solicitation and Non-Competition.  The salary and benefits outlined in this Offer Letter are contingent upon your execution of the Confidentiality, Non-Solicitation and Non-Competition Agreement attached hereto as Exhibit A.
8.    Enforceability; Governing Law.  This Offer Letter, and all claims arising out of or related to this Offer Letter, will be governed by, enforced under and construed in accordance with the laws of the State of Georgia without regard to any conflicts or conflict of laws principles in the State of Georgia that may result in the application of the law of any other jurisdiction.  The failure of either party at any time to require performance by another party of any provision of this Offer Letter will not constitute a waiver of that party’s right to require future performance.

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

9.    Entire Agreement.  The provisions contained herein, incorporated herein by reference, and in Exhibit A hereto constitute the entire agreement between the parties with respect to your employment and supersede any and all prior agreements, understandings and communications between the parties, oral or written, with respect to your employment.
10.    Modification.  No modification of this Offer Letter shall be valid unless in writing and signed by you and the President and Chief Executive Officer of Crawford.
In addition to the terms outlined above, your employment pursuant to this letter is contingent upon submitting the legally required proof of your identity and authorization to work in the United States. Your employment will also be contingent upon (1) your passing a drug test, (2) your being bondable, (3) your passing a criminal background check, and (4) your having acceptable results on a motor vehicle records check.
By signing this Offer Letter, you acknowledge that (a) you are not guaranteed employment for any definite duration and that either you or the Company may terminate your employment relationship with the Company at any time, for any reason, (b) you were given the opportunity to consult with an attorney of your choosing prior to executing this Offer Letter, and (c) except as set forth herein, no promises or inducements for this Offer Letter have been made, and you are entering into the Offer Letter without reliance upon any statement or representation by the Company or its agents concerning any material fact.
Please contact me with any questions or issues that you may have concerning this Offer Letter.  
Best regards,
                                
/s/ Jeffrey T. Bowman                   
Jeffrey T. Bowman

Agreed and Accepted:
/s/ Ken Fraser                                       5/16/2015
Ken Fraser                            Date

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

EXHIBIT A
CRAWFORD CONFIDENTIALITY, NON-SOLICITATION
AND NON-COMPETITION AGREEMENT
This Agreement is made between Ken Fraser and Crawford & Company (“Crawford” or “the Company”).  In consideration of the mutual promises and covenants contained in this Agreement and for other good and valuable consideration including, but not limited to, the employment of Employee by Crawford, the wages offered and paid to Employee by Crawford during Employee’s employment, the training the Employee will receive from the Company regarding compliance and the methods and operations of the Company at considerable expense to the Company, and access to and knowledge of the Company’s confidential information and trade secrets the Employee will receive, the parties hereto agree as follows:
1.    Definitions:
		
	a. 
	“Company” means Crawford & Company, along with its subsidiaries, parents, affiliated entities, and includes the successors and assigns of Crawford or any such related entities.

		
	b. 
	“Business of the Company” means claims management, claims adjusting, medical management, medical bill review, administrative services and other services provided by Crawford from time to time or as described in the most recent Annual Report of Crawford & Company.

		
	c. 
	“Confidential Information” means information about the Company and its Employees and/or customers which is not generally known outside of the Company, which employee learns of in connection with employee’s employment with the Company, and which would be useful to competitors of the Company.  Confidential Information includes, but is not limited to: (1) business and employment policies, marketing methods and the targets of those methods, financial records, business plans, strategies and ideas, promotional materials, education and training materials, research and development, technology and software systems, price lists, and recruiting strategies; (2) the nature, origin, composition and development of the company’s products and services; (3) proprietary information and processes, and intellectual property; and (4) customer information and the manner in which the Company provides products and services to its customers.

		
	d. 
	“Trade Secrets” means Confidential Information which meets the additional requirements of the Uniform Trade Secrets Act or similar state law.

		
	2.
	Duty of Confidentiality.  Employee agrees that during employment with the Company and for a period of two (2) years following the cessation of that employment for any reason, Employee shall not directly or indirectly divulge or make use of any Confidential Information (so long as the information remains confidential) without prior written consent of the Company.  Employee further agrees that if Employee is questioned about information subject to this agreement by anyone not authorized to receive such information, Employee will promptly notify Employee’s supervisor(s) or an officer of the Company.  This Agreement does not limit the remedies available under common or statutory law, which may impose longer duties of non-disclosure.

		
	3.
	Non-Disclosure of Trade Secrets.  Employee agrees that during employment with the Company and indefinitely following the cessation of that employment for any reason, Employee shall not directly or indirectly divulge or make use of any Trade Secrets (so long as the information remains a Trade Secret under Georgia Law or other applicable State Law) without prior written consent of the Company.  Employee further agrees that if Employee is questioned about information subject to this agreement by anyone not authorized to receive such information, Employee will promptly notify Employee’s supervisor(s) or an officer of the Company.

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

		
	4.
	Non-Disclosure of Personal Information.  Employee acknowledges that during the course of Employee’s employment, Employee may obtain information regarding individuals as a result of services provided to Crawford customers such as (i) claim and personal health information, (ii) social security number, (iii) date of birth and (iv) salary information (“Personal Information”).  Employee agrees:

		
	a. 
	Not to acquire, use, or distribute such Personal Information without the express consent of the subject of such Personal information, or only to the extent federal or state law allows such acquisition and disclosure of Personal Information without consent.

		
	b. 
	To acquire, use and/or distribute Personal Information solely for the purposes of carrying out the daily functions of Employee’s job.

		
	c. 
	To disclose Personal Information only to authorized third parties.  These agencies may include, but are not necessarily limited to, independent review agents, claims adjusters, benefits administrators, attorneys and employers.

		
	d. 
	To limit access to computerized Personal Information solely to staff, authorized users and administrative personnel and abide by all security measures designed to assure that unauthorized personnel are not afforded access to Personal Information.

		
	5.
	Return of Property and Information.  Employee agrees to return all the Company’s property immediately upon the cessation of Employee’s employment for any reason.  Such property includes, but is not limited to, the original and any copy (regardless of the manner in which it is recorded) of all information provided by the Company to employee or which employee has developed or collected in the scope of Employee’s employment, as well as all Company-issued equipment, supplies, accessories, vehicles, keys, badges, passes, access cards, instruments, tools, devices, computers, mobile phones and devices, flash drives, pagers, materials, documents, plans, records, notebooks, drawings, or papers.

6.    Non-Competition.  
Employee acknowledges that if he were to compete with the Company in the Business of the Company, he could cause serious harm to the Company.  Employee further acknowledges that during his employment, Employee will gain valuable confidential business or professional information that qualify as Trade Secrets under the Georgia Uniform Trade Secrets Act and that otherwise does not qualify as trade secrets; maintains and builds substantial relationships with specific prospective or existing customers or clients; and maintains and builds customer or client goodwill associated with the Business of the Company throughout the United States.  Further, Employee acknowledges that he will derive significant value from the Company and from the Confidential and Trade Secret Information of the Company provided to him during his employment with the Company, which will enable him to optimize the performance of the Company’s global performance and his own personal, professional, and financial benefit.
		
	a.
	Therefore, during employment with the Company and for a period of twelve (12) months following the termination of Employee’s relationship with the Company for any reason, at the option either of the Company or Employee, with or without notice, the Employee agrees that he shall not directly or indirectly engage in the Business of the Company or in any competitive business or provide services to a competitive business of the Business, as an owner, partner or agent, or as employee. 

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

		
	7.
	Non-Solicitation Covenant.  Employee agrees that during employment with the Company and for a period of twelve (12) months following the cessation of employment, Employee will not directly or indirectly solicit or attempt to solicit any Business of the Company from any of the customers of the Company with whom Employee had direct or indirect contact and/or dealings during the last year of Employee’s employment with the Company.

		
	8.
	Non-Recruitment of Employees.  While employed by the Company, and for a period of twelve (12) months following the cessation of employment, Employee will not directly or indirectly solicit or attempt to solicit any employee of the Company for the purpose of encouraging, enticing, or causing said employee to terminate employment with the Company.

		
	9.
	Non-Disparagement.  Employee shall not, at any time during the term of employment and thereafter, make statements or representations, or otherwise communicate, directly or indirectly, in writing, orally, or otherwise, or take any action which may, directly or indirectly, disparage or be damaging the Company or its respective officers, directors, employees, advisors, businesses or reputations.  

		
	10.
	Remedies.  The parties acknowledge and agree that (a) this Agreement is reasonable and necessary for the protection of the business and goodwill of Crawford, (b) any breach of this Agreement by Employee will cause Crawford substantial and irreparable harm, and (c) Employee has received good, valuable and adequate consideration in exchange for the covenants contained in this Agreement.  Consequently, if the Employee breaches this Agreement, the Company shall be entitled to injunctive relief in addition to any and all remedies available at law. Moreover, to the extent Employee breaches this Agreement, the time periods set forth herein are continued for the period of Employee’s breach of the Agreement.  The prevailing party shall be entitled to recover its costs and attorney’s fees in any proceeding brought under this Agreement.  The existence of any claim or cause of action by Employee against the Company, including any dispute relating to the termination of this Agreement, shall not constitute a defense to enforcement of said covenants by injunction. 

		
	11.
	Construction of Agreement.  The covenants contained herein shall be presumed to be enforceable, and any reading causing unenforceability shall yield to a construction permitting enforcement.  If any single covenant or clause shall be found unreasonable, unenforceable or both, it shall be modified as appropriate to protect the Company’s interests or severed and the remaining covenants and clauses shall be enforced in accordance with the tenor of the Agreement.  In the event a court should determine not to enforce a covenant as written due to overbreadth, the parties specifically agree that said covenant shall be enforced to the extent reasonable, whether said revisions are in time, territory, or scope of prohibited activities.  This Agreement represents the entire understanding between Employee and the Company on the matters addressed herein and supersedes any such prior agreements and may not be modified, changed or altered by any promise or statement by the Company until such modification has been approved in writing and signed by both parties.  The waiver by the Company of a breach of any provision of this Agreement by any employee shall not be construed as a waiver of rights with respect to any subsequent breach by Employee.

		
	12.
	At-Will Status.  Nothing in this Agreement shall change or alter the status of Employee’s employment as being “at-will.”  As such, either party may terminate the employment relationship at any time and for any reason.

		
	13.
	Choice of Law.  This Agreement and any and all disputes related to or arising from this Agreement shall be governed and interpreted according to the laws of the State of Georgia.

		
	14.
	Survival.  This Agreement shall remain in effect, unless modified in writing signed by both Employee and on behalf of the Company, throughout the course of Employee’s employment with the Company and shall survive the termination of Employee’s employment with the Company.   

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

Exhibit 10.1

Employee represents and warrants that Employee has the full power and capacity to enter into this Agreement. Employee also represents and warrants that in entering into this Agreement, Employee is not in violation of any contract or agreement, whether written or oral, with any other person to which Employee is a party or by which Employee is bound and that entering into this agreement will not violate or interfere with the rights of any other person, firm, or corporation.  Employee has carefully read and understands the provisions of this Agreement, and understands that he has the right to seek independent advice, consult with an attorney and/or propose modifications prior to signing the Agreement.

Executed at this 16  day of  May, 2015.

  /s/ Ken Fraser                                      /s/ Phyllis Austin                                      
  Ken Fraser                        Phyllis Austin
EVP, Global Human Resources    

1001 Summit Blvd. (30319) ■ P. O. Box 5047 ■ Atlanta, GA 30302 ■ (404) 300-1000 ■ Fax (678) 937-8260

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