<SEC-DOCUMENT>0001171843-16-012753.txt : 20161031
<SEC-HEADER>0001171843-16-012753.hdr.sgml : 20161031
<ACCEPTANCE-DATETIME>20161031171513
ACCESSION NUMBER:		0001171843-16-012753
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20161031
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161031
DATE AS OF CHANGE:		20161031

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SELECTIVE INSURANCE GROUP INC
		CENTRAL INDEX KEY:			0000230557
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				222168890
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33067
		FILM NUMBER:		161962488

	BUSINESS ADDRESS:	
		STREET 1:		40 WANTAGE AVENUE
		CITY:			BRANCHVILLE
		STATE:			NJ
		ZIP:			07890
		BUSINESS PHONE:		9739483000

	MAIL ADDRESS:	
		STREET 1:		40 WANTAGE AVE
		STREET 2:		40 WANTAGE AVE
		CITY:			BRANCHVILLE
		STATE:			NJ
		ZIP:			07890

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SRI CORP
		DATE OF NAME CHANGE:	19860508
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k_103116.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT PURSUANT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TO SECTION 13 OR 15(D) OF THE </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Date of Report (Date of earliest event reported)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">October 31, 2016</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-decoration: underline; text-align: center"><B><U>SELECTIVE INSURANCE GROUP, INC.</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Exact name of registrant as specified in its charter)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>New Jersey</U></FONT></TD>
    <TD STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>001-33067</U></FONT></TD>
    <TD COLSPAN="2" STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>22-2168890</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(State or other jurisdiction of incorporation)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Commission File Number)</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>40 Wantage Avenue, Branchville, New Jersey</U></FONT></TD>
    <TD COLSPAN="2" STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>07890</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Address of principal executive offices)</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Registrant's telephone number, including area code</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(973) 948-3000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>Not Applicable</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Former name or former address, if changed since last report.)</FONT></TD></TR>
<TR>
    <TD STYLE="width: 33%">&nbsp;</TD>
    <TD STYLE="width: 33%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 33%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>Section 5 &ndash; Corporate Governance and Management</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.02.&#9;Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(c)&#9;Appointment of Certain Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Selective Insurance Group, Inc. (the &ldquo;Company&rdquo;)
announced today that Mark A. Wilcox has been appointed Executive Vice President and Chief Financial Officer, effective January
1, 2017. A copy of the press release dated October 31, 2016 announcing Mr. Wilcox&rsquo;s appointment is attached hereto as Exhibit
99.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(e)&#9;Compensatory Arrangements of Certain Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Selective Insurance Company of America (&ldquo;SICA&rdquo;),
a wholly-owned subsidiary of the Company, entered into an Employment Agreement (the &ldquo;Employment Agreement&rdquo;) with Mark
A. Wilcox (the &ldquo;Executive&rdquo;) as of October 28, 2016. Under the Employment Agreement, Executive will commence employment
on January 1, 2017, coincident with the effective date of the election of Mr. Wilcox as Executive Vice President and Chief Financial
Officer of the Company. The following table summarizes the principal provisions of the Employment Agreement. Defined terms used
in this table, but not defined in this Report, have the meanings given to them in the Employment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 23%; border: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Term</FONT></TD>
    <TD STYLE="width: 77%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Initial three year term ends on January 1, 2020, automatically renewed for additional one year periods unless terminated by either party with written notice.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Compensation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18.7pt; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base salary of $600,000 as of January 1, 2017. </FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18.7pt; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minimum 2017 cash incentive payment of $500,000 provided Executive remains an employee through the day 2017 Annual Cash Incentive
        Program (&ldquo;ACIP&rdquo;) payments are generally made in 2018. Any future cash incentive awards will be based on the ACIP design
        then in effect and the Executive&rsquo;s individual performance and the Company&rsquo;s strategic and financial performance for
        the award period.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18.7pt; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017 Long-Term Incentive Program (&ldquo;LTIP&rdquo;) grant, to be made at the same time LTIP grants are generally made to employees,
        having a monetized value on date of grant of $800,000, subject to Executive&rsquo;s continued employment with the Company. The
        LTIP grant will consist of restricted stock units (&ldquo;RSUs&rdquo;) under the Selective Insurance Group, Inc. 2014 Omnibus Stock
        Plan and/or cash incentive units (&ldquo;CIUs&rdquo;) under the Selective Insurance Group, Inc. Cash Incentive Plan, as Amended
        and Restated as of May 1, 2014. Provided the Executive remains employed with the Company, these RSUs and CIUs will cliff-vest three
        (3) years from the date of the grant. The ultimate payment value of such RSUs and CIUs will be subject to the attainments of designated
        corporate performance criteria. Any future LTIP awards will be based on the plans or programs then in effect and the Executive&rsquo;s
        performance.</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Benefits</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Eligible to participate in incentive compensation plan, stock plan, 401(k) plan, and any other stock option, stock appreciation right, stock bonus, pension, group insurance, retirement, profit sharing, medical, disability, accident, life insurance, relocation plan or policy, or any other plan, program, policy or arrangement of the Company or SICA intended to benefit SICA&rsquo;s employees generally. </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Vacation and Reimbursements</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Vacation time and reimbursements for ordinary travel and entertainment expenses in accordance with SICA&rsquo;s policies.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Perquisites</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Suitable offices, secretarial and other services, and other perquisites to which other executives of SICA are generally entitled.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Severance and</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Benefits on Termination without Change in Control</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><U>For Cause or Resignation by Executive other than for Good Reason</U>: Salary and benefits accrued through termination
        date.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><U>Death or Disability</U>: 1.5 times: (i) Executive&rsquo;s salary; plus (ii) average of three most recent annual cash
        incentive payments; provided that any such severance payments be reduced by life or disability insurance payments under policies
        with respect to which SICA paid premiums, paid in 12 equal installments.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><U>Without Cause by SICA, Relocation of Office over 50 Miles (without Executive&rsquo;s consent), Resignation for Good Reason
        by Executive</U>:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 41.2pt; text-indent: -19.6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>1.5 times: (i) Executive&rsquo;s salary; plus (ii) average of three most recent annual
        cash incentive payments, paid in 12 equal installments.</p>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 41.2pt; text-indent: -19.6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Partial reimbursement of Consolidated Omnibus Budget Reconciliation Act (&ldquo;COBRA&rdquo;)
        continuation costs of medical, dental, and vision insurance coverages then in effect for Executive and dependents until the earlier
        of 18 months following termination or commencement of equivalent benefits from a new employer.</p>

        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><U>Stock Awards</U>: Except for termination for Cause or resignation by the Executive other than Good Reason, immediate
        vesting and possible extended exercise period, as applicable, for any previously granted stock options, stock appreciation rights,
        cash incentive units, restricted stock, restricted stock units, and stock bonuses.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Severance and Benefits on Termination after Change in Control</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For termination without Cause or resignation for Good Reason
        by Executive within two years following a Change in Control, Executive is entitled to:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Severance payment equal to 1.5 times: (i) Executive&rsquo;s salary; plus (ii) average of three most recent annual cash incentive
        payments.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Partial reimbursement of COBRA continuation costs of medical, dental, and vision insurance coverages then in effect for
        Executive and dependents until the earlier of period of 18 months following termination or commencement of equivalent benefits
        from a new employer.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Stock awards, same as above, except that the initial number of cash incentive units is increased by 150%.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">Release; Confidentiality and Non-Solicitation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.3in; text-indent: -0.3in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Receipt of severance payments and benefits conditioned upon:</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 41.2pt; text-indent: -19.6pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>Entry into release of claims; and</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.55in; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">o&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT>No disclosure of confidential or proprietary information or solicitation of employees to leave the Company or its subsidiaries
        for a period of two years following the termination of the Employment Agreement.</P></TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This summary table description of the Employment
Agreement is qualified in its entirety by reference to the full text of the Employment Agreement, a copy of which is filed herewith
as Exhibit 10.1.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Section 9 &ndash; Financial Statements
and Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 9.01.&#9;Financial Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(d)&#9;Exhibits</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.1</TD><TD>Employment Agreement between Selective Insurance Company of America and<BR>
Mark A. Wilcox, dated as of October 28, 2016</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">99.1</TD><TD>Press Release of Selective Insurance Group, Inc. dated October 31, 2016</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">SELECTIVE INSURANCE GROUP, INC.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 30%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>Date: October 31, 2016</TD>
    <TD>By: </TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Michael H. Lanza</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Michael H. Lanza</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Executive Vice President and General Counsel</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U></U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; text-decoration: underline"><FONT STYLE="font-size: 10pt"><U>Exhibit No.</U></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 88%; text-decoration: underline"><FONT STYLE="font-size: 10pt"><U>Description</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Employment Agreement between Selective Insurance Company of America and Mark A. Wilcox, dated as of October 28, 2016</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Press Release of Selective Insurance Group, Inc. dated October 31, 2016</FONT></TD></TR>
</TABLE>
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EMPLOYMENT AGREEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Employment Agreement,
(the &ldquo;<B>Agreement</B>&rdquo;) is made as of the 28th day of October 2016, between <B>Selective Insurance Company of America</B>,
a New Jersey corporation with a principal place of business at 40 Wantage Avenue, Branchville, New Jersey 07890 (the &ldquo;<B>Company</B>&rdquo;)
and <B>Mark A. Wilcox,</B> an individual residing at [Address Intentionally Omitted] (the &ldquo;<B>Executive</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>SECTION 1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="text-transform: uppercase"><U>definitions</U>.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>1.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Definitions</U>. </B>For purposes of this Agreement, the following terms shall have the meanings set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Agreement</B>&rdquo;
has the meaning given to such term in the Preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Board</B>&rdquo;
means the Board of Directors of the Company&rsquo;s Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Cause</B>&rdquo;
means any one or more of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Executive shall have been convicted by a court of competent jurisdiction of, or pleaded guilty or nolo contendere to,
any felony under, or within the meaning of, applicable United States federal or state law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Executive shall have breached in any respect any one or more of the material provisions of this Agreement, including,
without limitation, any failure to comply with the Code of Conduct, and, to the extent such breach may be cured, such breach shall
have continued for a period of thirty (30) days after written notice by the Company&rsquo;s Chief Executive Officer to the Executive
specifying such breach; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>the Executive shall have engaged in acts of insubordination, gross negligence or willful misconduct in the performance of
the Executive&rsquo;s duties and obligations to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">For purposes of clauses
(ii) and (iii) of this definition of &ldquo;Cause&rdquo;, no act, or failure to act, on the part of the Executive shall be considered
grounds for &ldquo;Cause&rdquo; under such clauses if such act, or such failure to act, was done or omitted to be done based upon
authority or express direction given by the Chief Executive Officer or based upon the advice of counsel for the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Change
in Control</B>&rdquo; means the occurrence of an event of a nature that would be required to be reported by the
Company&rsquo;s Parent in response to Item 5.01 of a Current Report on Form 8-K, as in effect on the date thereof, pursuant
to Section 13 or 15(d) of the Securities Exchange Act; <U>provided,</U> <U>however</U>, that a Change in Control shall, in any
event, conclusively be deemed to have occurred upon the first to occur of any one of the following events:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The acquisition by any &ldquo;person&rdquo; or &ldquo;group&rdquo; (as such terms are used in Sections 13(d)(3) and 14(d)(2)
of the Securities Exchange Act or any successor provisions to either of the foregoing), including, without limitation, any current </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0pt">shareholder or shareholders of the Company&rsquo;s Parent, of securities of the Company&rsquo;s Parent resulting in such person
or group being a &ldquo;beneficial owner&rdquo; (as defined in Rule 13d-3 under the Securities Exchange Act) of twenty-five percent
(25%) or more of any class of Voting Securities of the Company&rsquo;s Parent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The acquisition by any &ldquo;person&rdquo; or &ldquo;group&rdquo; (as such terms are used in Sections 13(d)(3) and 14(d)(2)
of the Securities Exchange Act or any successor provisions to either of the foregoing), including, without limitation, any current
shareholder or shareholders of the Company&rsquo;s Parent, of securities of the Company&rsquo;s Parent resulting in such person
or group being a &ldquo;beneficial owner&rdquo; (as defined in Rule 13d-3 under the Securities Exchange Act) of twenty percent
(20%) or more, but less than twenty-five percent (25%), of any class of Voting Securities of the Company&rsquo;s Parent, if the
Board adopts a resolution that such acquisition constitutes a Change in Control;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The sale or disposition of all or substantially all of the Company&rsquo;s Parent&rsquo;s assets, defined as more than seventy-five
(75%) percent, on a consolidated basis, as shown in the Company&rsquo;s Parent&rsquo;s then most recent audited consolidated balance
sheet;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The reorganization, recapitalization, merger, consolidation or other business combination involving the Company&rsquo;s
Parent the result of which is the ownership by the shareholders of the Company&rsquo;s Parent of less than eighty percent (80%)
of those Voting Securities of the resulting or acquiring Person having the power to vote in the elections of the board of directors
of such Person; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>A change in the membership in the Board which, taken in conjunction with any other prior or concurrent changes, results
in fifty percent (50%) or more of the Board&rsquo;s membership being persons not nominated by the Company&rsquo;s Parent&rsquo;s
management or the Board as set forth in the Company&rsquo;s Parent&rsquo;s then most recent proxy statement, excluding changes
resulting from substitutions by the Board because of retirement or death of a director or directors, removal of a director or directors
by the Board or resignation of a director or directors due to demonstrated disability or incapacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">Anything in
this definition of Change in Control to the contrary notwithstanding, no Change in Control shall be deemed to have occurred for
purposes of this Agreement by virtue of any transaction which results in the Executive, or a group of Persons which includes the
Executive, acquiring, directly or indirectly, Voting Securities of the Company&rsquo;s Parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Code</B>&rdquo;
means the Internal Revenue Code of 1986, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Code of Conduct</B>&rdquo;
has the meaning given to such term in Section 2.3(a) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Commencement
Date</B>&rdquo; has the meaning given to such term in Section 2.2 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Company</B>&rdquo;
has the meaning given to such term in the Preamble hereto and includes any Person which shall succeed to or assume the obligations
of the Company hereunder pursuant to Section 5.6 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&ldquo;Company&rsquo;s
Parent&rdquo;</B> means Selective Insurance Group, Inc., a publicly traded New Jersey corporation with a principal office at 40
Wantage Avenue, Branchville, New Jersey 07890.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&ldquo;Covered Employee&rdquo;
</B>means a covered employee, within the meaning of Section 162(m)(3) of the Code, of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Disability</B>&rdquo;
shall mean: (i) a long-term disability entitling the Executive to receive benefits under the Company&rsquo;s long-term disability
plan as then in effect; or (ii) if no such plan is then in effect or the plan does not apply to the Executive, the inability of
the Executive, as determined by the Board or its designee, to perform the essential functions of his regular duties and responsibilities,
with or without reasonable accommodation, due to a medically determinable physical or mental illness which has lasted (or can reasonably
be expected to last) for a period of six (6) consecutive months. At the request of the Executive or his personal representative,
determination by the Board or its designee that the Disability of the Executive has occurred shall be certified by two physicians
mutually agreed upon by the Executive, or his personal representative, and the Company. Without such independent certification
(if so requested by the Executive), the Executive&rsquo;s termination shall be deemed a termination by the Company without Cause
and not a termination by reason of his Disability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Early Termination</B>&rdquo;
has the meaning given to such term in Section 3.2 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Executive</B>&rdquo;
has the meaning given to such term in the Preamble hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Extended
Benefit Period</B>&rdquo; has the meaning given to such term in Section 3.3(c) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Good Reason</B>&rdquo;
means the occurrence of any one or more of the following conditions; <U>provided</U>, however, that no such condition shall be
deemed to constitute &ldquo;Good Reason&rdquo; unless the Executive provides notice of such condition to the Company within ninety
(90) days of its initial existence, and the Company shall have failed to remedy the condition within thirty (30) days of its receipt
of such notice:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(i)&#9;any material diminution
in the Executive&rsquo;s Salary below the annualized rate in effect on the date on which a Change in Control shall have occurred,
unless such reduction is implemented for the senior executive staff generally, <U>provided</U>, however that such reduction shall
constitute Good Reason even if implemented for senior executive staff generally if such reduction occurs within two years after
a Change in Control;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(ii)&#9;any material negative
change in the aggregate benefits the Executive receives, other than as a result of the normal expiration of any Plan as to other
eligible employees in accordance with its terms as in effect on the date preceding the date on which a Change in Control shall
have occurred, or unless such change affects all participants of such Plan generally;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(iii)&#9;without the Executive&rsquo;s
express prior written consent, a material diminution of the Executive&rsquo;s position, duties, responsibilities and status with
the Company immediately prior to a Change in Control, or any material diminution in the Executive&rsquo;s responsibilities as an
executive of the Company as compared with those he had as an executive of the Company immediately prior to a Change in Control,
or any</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0pt"> material negative change in the Executive&rsquo;s titles or office as in effect immediately prior to a Change in Control,
except in connection with the termination of the Executive&rsquo;s employment for Cause, Disability or Retirement or as a result
of the Executive&rsquo;s death, or by his termination of his employment other than for Good Reason;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(iv)&#9;without the Executive&rsquo;s
express prior written consent, the Company&rsquo;s imposition of a requirement within two (2) years of a Change in Control that
the Executive be based at any location that increases the Executive&rsquo;s regular commute fifty (50) miles or more from the date
preceding the Change in Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(v)&#9;the failure by the
Company&rsquo;s Parent to obtain from any Person with which it may merge or consolidate or to which it may sell all or substantially
all of its assets, the agreement of such Person as set forth in the proviso in Section 5.6 hereof; <U>provided</U> that such merger,
consolidation or sale constitutes a Change in Control; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 20pt">(vi)&#9;within two years
after a Change in Control shall have occurred, any action or inaction that constitutes a material breach by the Company of any
of the terms and conditions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Notice of
Termination</B>&rdquo; means a written notice which shall (i) indicate the specific termination provision in this Agreement relied
upon, (ii) set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive&rsquo;s
employment under the provision so indicated and, (iii) specify the date of termination in accordance with this Agreement (other
than for a termination for Cause).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Person</B>&rdquo;
means an individual, partnership, corporation, association, limited liability company, trust, joint venture, unincorporated organization,
and any government, governmental department or agency or political subdivision thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Plans</B>&rdquo;
has the meaning given to such term in Section 2.4(b) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Rabbi Trust</B>&rdquo;
has the meaning given to such term in Section 3.4(d) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Release</B>&rdquo;
has the meaning given to such term in Section 3.5 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Restrictive
Covenants</B>&rdquo; has the meaning given to such term in Section 3.5 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Retirement</B>&rdquo;
means a termination of the Executive&rsquo;s employment by the Company or the Executive (i) at such age as shall be established
by the Company&rsquo;s Board for mandatory or normal retirement of Company executives in general (which age shall be, if the determination
of Retirement is made after the occurrence of a Change in Control, the age established by the Company&rsquo;s Board prior to a
Change in Control), which shall not be less than age 65, or (ii) at any other retirement age set by mutual agreement of the Company
and the Executive and approved by the Company&rsquo;s Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Salary</B>&rdquo;
has the meaning given to such term in Section 2.4(a) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&ldquo;Section 409A</B>&rdquo;
means Section 409A of the Code and the regulations of the Treasury and other applicable guidance promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Section 409A
Tax</B>&rdquo; has the meaning given to such term in Section 3.6 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Securities
Exchange Act</B>&rdquo; means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Term</B>&rdquo;
has the meaning given to such term in Section 2.2 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Termination
Date</B>&rdquo; means the date of the Executive&rsquo;s termination of employment with the Company and its affiliates. If the Executive&rsquo;s
employment is to be terminated by the Company for Disability, the Executive&rsquo;s employment shall terminate thirty (30) days
after a Notice of Termination is given; <U>provided</U> that the Executive shall not have returned to the performance of the Executive&rsquo;s
duties on a full-time basis during such thirty (30) day period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Triggering
Event</B>&rdquo; has the meaning given to such term in Section 3.4(d) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Trustee</B>&rdquo;
has the meaning given to such term in Section 3.4(d) hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B>Voting Securities</B>&rdquo;
means, with respect to a specified Person, any security of such Person that has, or may have upon an event of default or in respect
to any transaction, a right to vote on any matter upon which the holder of any class of common stock of such Person would have
a right to vote.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>1.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Terms Generally</U></B>. Unless the context of this Agreement requires otherwise, words importing the singular number
shall include the plural and vice versa, and any pronoun shall include the corresponding masculine, feminine and neuter forms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>1.3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Cross-References</U></B>. Unless otherwise specified, references in this Agreement to any Paragraph or Section are references
to such Paragraph or Section of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>SECTION 2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="text-transform: uppercase"><U>Employment and Compensation</U></FONT></B>. The following terms and conditions
will govern the Executive&rsquo;s employment with the Company throughout the Term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>2.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Employment</U></B>. The Company hereby employs the Executive, and the Executive hereby accepts employment with the Company,
on the terms and conditions set forth herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>2.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B>The term of employment of the Executive under this Agreement shall commence as of January 1, 2017 (the &ldquo;<B>Commencement
Date</B>&rdquo;) and, subject to Section 3.1 hereof, shall terminate<B> </B>on<B> </B>the third anniversary of the Commencement
Date, and shall automatically be extended for additional one (1) year periods thereafter (any such renewal periods, together with
the initial period, being referred to as the &ldquo;<B>Term</B>&rdquo;) unless terminated by either party by written notice to
the other party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>2.3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Duties</U></B>. <B>(a)</B> The Executive agrees to serve as Executive Vice President, Chief Financial Officer, of the
Company during the Term. In such capacity, the Executive shall have the responsibilities and duties customary for such office(s)
and such other executive responsibilities and duties as are assigned by the Company&rsquo;s Chief Executive Officer that are consistent
with the Executive&rsquo;s position(s). The Executive agrees to devote substantially all his business time, attention and services
to the business and affairs of the Company and its affiliates</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pt">and to perform his duties to the best of his ability. At all times
during the performance of this Agreement, the Executive will adhere to the Code of Conduct of the Company (the &ldquo;<B>Code of
Conduct</B>&rdquo;) that has been or may hereafter be established and communicated by the Company to the Executive for the conduct
of the position or positions held by the Executive. The Executive may not accept directorships on the board of directors of for-profit
corporations without the prior written consent of the Chief Executive Officer. The Executive may accept directorships on the board
of directors of not-for-profit corporations without the Chief Executive Officer&rsquo;s prior written consent so long as (a)&nbsp;such
directorships do not interfere with Executive&rsquo;s ability to carry out his responsibilities under this Agreement, and (b)&nbsp;Executive
promptly notifies the Chief Executive Officer in writing of the fact that he has accepted such a non-profit directorship.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B>If the Company and the Executive do not agree in writing to renew the Term pursuant to Section 2.2, the Executive shall
continue to be employed under this Agreement only until the expiration of the then current Term (unless earlier terminated pursuant
to Section 3.1 hereof), shall cooperate fully with the Chief Executive Officer and shall perform such duties not inconsistent with
the provisions hereof as he shall be assigned by the Chief Executive Officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>2.4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Compensation</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Salary</U></B>. For all services rendered by the Executive under this Agreement, the Company shall pay the Executive
a salary during the Term at a rate of not less than <B>Six Hundred Thousand Dollars ($600,000)</B> per year, which may be increased
but not decreased unless decreased for the senior executive staff generally (the &ldquo;<B>Salary</B>&rdquo;), payable in installments
in accordance with the Company&rsquo;s policy from time to time in effect for payment of salary to executives. The Salary shall
be reviewed no less than annually by the Chief Executive Officer and nothing contained herein shall prevent the Board from at any
time increasing the Salary or other benefits herein provided to be paid or provided to the Executive or from providing additional
or contingent benefits to the Executive as it deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Annual Cash Incentive</U></B>. The Executive will also be eligible to participate in the Annual Cash Incentive Program
(&ldquo;ACIP&rdquo;). This ACIP will provide the Executive with the opportunity to earn cash based upon the level of Executive&rsquo;s
individual performance and the achievement of annual Company targets. The payment range of the annual cash incentive for employees
at the Executive&rsquo;s grade level is 0% to 150% of the Executive&rsquo;s annual base pay. Provided you remain a Selective employee
through the date ACIP payments are generally made for the 2017 performance year, you will receive a minimum guaranteed cash payment
(some or all of which may be an ACIP award) in the amount of $500,000 in the first quarter of 2018. Any future cash incentive awards
will be based on the ACIP design then in effect and your individual performance and Selective&rsquo;s strategic and financial performance
for the award period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in"><B>(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Benefits</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><I><U>Standard Benefits:</U> </I>During the Term, the Company shall permit the Executive to participate in or receive benefits
under the Selective Insurance Group, Inc. 2014 Omnibus Stock Plan, the Selective Insurance Group, Inc. Cash Incentive Plan, the
Selective Insurance Retirement Savings Plan, the Selective Insurance Company of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0pt"> America Deferred Compensation Plan (&ldquo;401k
Plan&rdquo;), and in any other incentive compensation, stock option, stock appreciation right, stock bonus, pension, group insurance,
retirement, profit sharing, medical, disability, accident, life insurance plan, relocation plan or policy, or any other plan, program,
policy or arrangement of the Company intended to benefit similarly situated employees of the Company generally, if any, in accordance
with the respective provisions thereof, from time to time in effect (collectively, the &ldquo;<B>Plans</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">Executive
will be eligible to participate in the Company&rsquo;s Selections Benefits Program effective the first day of the month following
Executive&rsquo;s start date, which includes medical, dental, vision, prescription drug, life, and accidental death &amp; dismemberment
insurance, and flexible spending accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">  Participation in the Company&rsquo;s 401k plan is set to automatically begin 45 days after Executive&rsquo;s first full payroll period. Initially, 6% (subject to IRS limits) of the Executive&rsquo;s eligible compensation on a pre-tax basis will be automatically invested in the age-appropriate target date fund unless Executive elects to opt out of the plan, chooses to contribute a higher or lower percentage, or chooses to contribute to other or additional funds within 45 days following Executive&rsquo;s first full payroll period.</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><I><U>Long Term Incentive Plan Award (&ldquo;LTIP&rdquo;)</U>. </I>Subject to the Executive&rsquo;s continued employment
with the Company, the Company has agreed to recommend to the Salary and Employee Benefits Committee of the Board of Directors of
Selective Insurance Group, Inc. in 2017, at the same time annual LTIP grants are generally made to employees, to provide the Executive
with a Long Term Incentive Plan grant having an initial monetized value on date of grant of Eight Hundred Thousand Dollars ($800,000).
This grant shall consist of Restricted Stock Units (&ldquo;RSUs&rdquo;) under the Selective Insurance Group Inc. 2014 Omnibus Stock
Plan and Cash Incentive Units (&ldquo;CIUs&rdquo;) under the Selective Insurance Group, Inc. Cash Incentive Plan in effect at that
time. Provided the Executive remains employed with the Company, these RSUs and CIUs will vest three (3) years from the date of
the grant. The ultimate payment value of such grant shall be subject to the attainment of designated corporate performance criteria.
Any future LTIP awards will be based on the plans or programs then in effect and the Executive&rsquo;s performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Vacations and Reimbursements</U></B>. During the Term, the Executive shall be entitled to vacation time off and reimbursements
for ordinary and necessary travel and entertainment expenses in accordance with the Company&rsquo;s policies on such matters from
time to time in effect. Executive will receive a total of 24 days of paid time off each calendar year (which total shall be reduced
on a pro-rated basis for 2016 based on Executive&rsquo;s date of hire in 2016) and each year thereafter until increased in accordance
with the Company&rsquo;s bank day policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Perquisites</U></B>. During the Term, the Company shall provide the Executive with suitable offices, secretarial and
other services, and other perquisites to which other executives of the Company generally are (or become) entitled, to the extent
as are suitable to the character of the Executive&rsquo;s position with the Company, subject to such specific limits on such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> perquisites
as may from time to time be imposed by the Company&rsquo;s Board and Chief Executive Officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(f)</B> &#9;<B><U>Taxable
Reimbursements and Perquisites</U></B>. Any taxable reimbursement of business or other expenses, or any provision of taxable in-kind
perquisites or other benefits to the Executive, as specified under this Agreement, shall be subject to the following conditions:
(i) the expenses eligible for reimbursement or the amount of in-kind benefits provided in one taxable year shall not affect the
expenses eligible for reimbursement or the amount of in-kind benefits provided in any other taxable year; (ii) the reimbursement
of an eligible expense shall be made no later than the end of the year after the year in which such expense was incurred; and (iii)
the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>SECTION 3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="text-transform: uppercase"><U>Termination and Severance</U></FONT></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Termination</U></B>. The Executive&rsquo;s employment hereunder shall commence on the Commencement Date and continue
until the expiration of the Term, except that the employment of the Executive hereunder shall earlier terminate:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Death</U></B>. Upon the Executive&rsquo;s death.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Disability</U></B>. At the option of the Company, upon the Disability of the Executive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in"><B>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>For Cause</U></B>. At the option of the Company, for Cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>Resignation</U></B>. At any time at the option of the Executive, by resignation (other than a resignation for Good Reason).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Without Cause</U></B>. At any time at the option of the Company, without Cause; <U>provided</U>, that a termination of
the Executive&rsquo;s employment hereunder by the Company based on Retirement, Death, or Disability shall not be deemed to be a
termination without Cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Relocation</U></B>.&#9;At the option of the Executive at any time prior to a Change in Control and within two years of
the Company first imposing a requirement without the consent of the Executive that the Executive be based at any location that
increases the Executive&rsquo;s regular commute fifty (50) miles or more.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><U>For Good Reason</U></B>. At any time at the option of the Executive for Good Reason, provided that such termination occurs
(i) within two (2) years following the occurrence of a Change in Control, and (ii) within two (2) years following the initial existence
of the condition constituting Good Reason.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Procedure For Termination</U></B>. Any termination of the Executive&rsquo;s employment by the Company or by the Executive
prior to the expiration of the Term (an &ldquo;<B>Early Termination</B>&rdquo;) shall be communicated by delivery of a Notice of
Termination to the other party </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">hereto given in accordance
with Section 5.12 hereof. Any Early Termination shall become effective as of the applicable Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Rights and Remedies on Termination</U></B>. The Executive will be entitled to receive the payments and benefits specified
below if there is an Early Termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Accrued Salary</U></B>. If the Executive&rsquo;s employment is terminated pursuant to any of the Paragraphs set forth
in Section 3.1 hereof, then the Executive (or his legal representative, as applicable) shall only be entitled to receive his accrued
and unpaid Salary through the Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in"><B>(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Severance Payments</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If the Executive&rsquo;s employment is terminated pursuant to Paragraphs (a) or (b) in Section 3.1 hereof, then the Executive
(or his legal representative, as applicable) shall be entitled to receive a severance payment from the Company in an aggregate
amount equal to the product of (A)&nbsp;1.5 <U>times</U> (B)&nbsp;the Executive&rsquo;s Salary <U>plus</U> an amount (if any) equal
to the average of the three (or fewer) most recent annual cash incentive payments (each an &ldquo;ACIP&rdquo;), if any, made to
the Executive; <U>provided</U> that each payment of any such severance payment shall be reduced, on a pro rata basis, by the amount
of payments the Executive receives under any life or disability insurance policies with respect to which the premiums were paid
by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If the Executive&rsquo;s employment is terminated pursuant to Paragraph (e) or (f) in Section 3.1 hereof, then the Executive
shall be entitled to receive a severance payment from the Company in an aggregate amount equal to the product of (A) 1.5 <U>times</U>
(B)&nbsp;the Executive&rsquo;s Salary <U>plus</U> an amount (if any) equal to the average of the three (or fewer) most recent ACIP
payments (if any) made to the Executive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The severance payment required to be paid by the Company to the Executive pursuant to Paragraph (b)(i) or (b)(ii) above,
shall, subject to Section 3.6, be paid in equal monthly installments over the twelve (12) month period following the Termination
Date; provided, however, that the first such installment shall be made upon the sixtieth (60th) day following the Termination Date,
and shall include all amounts that would have been paid between the Termination Date and such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">Notwithstanding
the foregoing, the Executive shall not be entitled to any ACIP for the year in which the Termination Date occurs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in"><B>(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Severance Benefits</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If the Executive&rsquo;s employment is terminated pursuant to any of the Paragraphs set forth in Section 3.1 hereof, then
the Executive (or his legal representative, as applicable) shall be entitled to receive the benefits which the Executive has accrued
or earned or which have become payable under the Plans as of the Termination Date, but which have not yet been paid to the Executive.
Payment of any such benefits shall be made in accordance with the terms of such Plans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If the Executive&rsquo;s employment is terminated pursuant to Paragraph (e) or (f) in Section 3.1 hereof, and if the Executive
is eligible for and timely elects continuation coverage pursuant to Section 601 <I>et seq.</I> of the Employee Retirement Income
Security Act of 1974, as amended, , Section 4980B of the Code or similar state continuation coverage law (together, &ldquo;COBRA&rdquo;)
under any insured or self-insured medical, dental or vision plan maintained by the Company (other than any health and/or dependent
care flexible spending account plan or employee assistance plan), then, for a period of eighteen (18) months following the Termination
Date, or until the Executive is no longer eligible for COBRA coverage under the particular plan, the Company will reimburse the
Executive, on a taxable basis, for the cost of such COBRA coverage less the amount that the Executive would be required to contribute
toward health coverage if he had remained an active employee of the Company. Such reimbursement payments will commence on the first
payroll date of the month following the Termination Date and will be paid on the first payroll date of each subsequent month. The
Executive shall not be entitled to reimbursement for the cost of any COBRA coverage elected separately by his current or former
spouse or dependent child. Notwithstanding the foregoing, in the event that any such plan is fully insured, any such reimbursement
requirement shall apply to the extent permitted by the Patient Protection and Affordable Care Act of 2010, as amended by the Health
Care and Education Reconciliation Act of 2010 (the &ldquo;Health Care Law&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Any portion of the continued
or replacement welfare benefits coverage provided for under this Section 3.3(c)(ii) which constitutes deferred compensation subject
to Section 409A shall be subject to the following conditions: (i) the expenses eligible for reimbursement or the amount of in-kind
benefits provided in one taxable year shall not affect the expenses eligible for reimbursement or the amount of in-kind benefits
provided in any other taxable year (except with respect to annual, lifetime or similar limits under arrangements providing for
the reimbursement of medical expenses under Section 105(b) of the Code); (ii) the reimbursement of an eligible expense shall be
made no later than the end of the year after the year in which such expense was incurred; and (iii) the right to reimbursement
or in-kind benefits shall not be subject to liquidation or exchange for another benefit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(d)&#9;<U>Rights Under
Plans</U></B>. If the Executive&rsquo;s employment is terminated pursuant to Paragraphs (a), (b), (e), or (f) in Section 3.1 hereof,
then, subject to the provisions of Section 3.5, the Executive shall be entitled to the following rights with respect to any stock
options, stock appreciation rights, restricted stock grants, restricted stock units, cash incentive units, or stock bonuses theretofore
granted by the Company or the Company&rsquo;s Parent to the Executive under any Plan, whether or not provided for in any agreement
with the Company or the Company&rsquo;s Parent; (i) all unvested stock options, stock appreciation rights, restricted stock grants,
restricted stock units, or stock bonuses, shall be vested in full on the Termination Date, notwithstanding any provision to the
contrary or any provision requiring any act or acts by the Executive in any agreement with the Company or the Company&rsquo;s Parent
or any Plan; (ii) to the extent that any such stock options or stock appreciation rights shall require by their terms the exercise
thereof by the Executive, the last date to exercise the same shall, notwithstanding any provision to the contrary in any agreement
or any Plan, be the earliest of (A) the fifth anniversary of the Termination Date and (B) the original expiration date had the
Executive&rsquo;s employment not so terminated; provided, however, that no such extension of the period in which an incentive</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> stock
option, within the meaning of Section 422(b) of the Code, may be exercised shall occur without the consent of the Executive if
such extension would result in such incentive stock option failing to continue to qualify for the federal income tax treatment
afforded incentive stock options under Section 421 of the Code; and (iii) if the vesting or exercise pursuant hereto of any such
stock options, stock appreciation rights, restricted stock grants, restricted stock units, or stock bonuses, shall have the effect
of subjecting the Executive to liability under Section 16(b) of the Securities Exchange Act or any similar provision of law, the
vesting date thereof shall be deemed to be the first day after the Termination Date on which such vesting may occur without subjecting
the Executive to such liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in"><B>(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Double Dipping.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.25in 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The severance payments and severance benefits the Executive may be entitled to receive pursuant to this Section 3.3 shall
be in lieu of any of the payments and benefits the Executive may be entitled to receive pursuant to any other agreement, plan or
arrangement providing for the payment of severance payments or benefits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Executive expressly disclaims any interest he may have in the Selective Insurance Company of America Severance Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Rights and Remedies on Termination After Change in Control</U></B>. The Executive will be entitled to receive the severance
payments and severance benefits specified below in the event there shall occur a termination of the Executive&rsquo;s employment
pursuant to Paragraph (e) or (g) of Section 3.1 hereof within two (2) years following the occurrence of a Change in Control. The
severance payments and benefits the Executive may be entitled to receive pursuant to this Section 3.4 shall be in lieu of, and
not in addition to, any of the payments and benefits the Executive may be entitled to receive pursuant to Section 3.3 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)&#9;<U>Severance
Payments</U></B>. The Executive shall be entitled to receive a severance payment from the Company in an aggregate amount equal
to the product of (i) 1.5; and the sum of the Executive&rsquo;s Salary in effect as of the Termination Date plus the Executive&rsquo;s
average ACIP (if any) for the three (or fewer) calendar years prior to the calendar year in which the Termination Date occurs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Notwithstanding the
foregoing, the Executive shall not be entitled to any ACIP for the year in which the Termination Date occurs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Such payment shall
be made, subject to Section 3.6, sixty (60) business days following the Termination Date. provided that the Executive has executed
and delivered a Release pursuant to Section 3.5 hereof <U>and</U> such Release has become effective and irrevocable; and <U>further
provided</U> that, if and to the extent any portion of the payments under this Section 3.4 constitutes deferred compensation subject
to Section 409A, then, unless the Change in Control qualifies as a change in the ownership of the Company&rsquo;s Parent, a change
in effective control of the Company&rsquo;s Parent, or a change in the ownership of a substantial portion of the assets of the
Company&rsquo;s Parent, as described in Treasury Regulations Section 1.409A-3(i)(5), such portion of the payments shall be paid
at the times specified in Section 3.3(b)(iii) of the Employment Agreement for payment of such portion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)&#9;<U>Severance
Benefits</U></B>. If the Executive&rsquo;s employment is terminated pursuant to Paragraph (e) or (f) in Section 3.1 hereof, and
if the Executive is eligible for and timely elects continuation coverage pursuant to COBRA under any insured or self-insured medical,
dental or vision plan maintained by the Company (other than any health and/or dependent care flexible spending account plan or
employee assistance plan), then the Company, for a period of eighteen (18) months following the Termination Date, or until the
Executive is no longer eligible for COBRA coverage under the particular plan will reimburse the Executive, on a taxable basis,
for the cost of such COBRA coverage less the amount that the Executive would be required to contribute toward health coverage if
he had remained an active employee of the Company. Such reimbursement payments will commence on the first payroll date of the month
following the Termination Date and will be paid on the first payroll date of each subsequent month. The Executive shall not be
entitled to reimbursement for the cost of any COBRA coverage elected separately by his current or former spouse or dependent child.
Notwithstanding the foregoing, if any such plan is fully insured, any such reimbursement requirement shall apply to the extent
permitted by the Health Care Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(c)&#9;<U>Rights Under
Plans</U></B>. Subject to the provisions of Section 3.5, the Executive shall be entitled to the following rights with respect to
any stock options, stock appreciation rights, restricted stock grants, restricted stock units, cash incentive units, or stock bonuses
theretofore granted by the Company or the Company&rsquo;s Parent to the Executive under any Plan, whether or not provided for in
any agreement with the Company or the Company&rsquo;s Parent (i) all unvested stock options, stock appreciation rights, restricted
stock grants, restricted stock units, or stock bonuses, shall be vested in full on the Termination Date, notwithstanding any provision
to the contrary or any provision requiring any act or acts by the Executive in any agreement with the Company or the Company&rsquo;s
Parent or any Plan; (ii) to the extent that any such stock options or stock appreciation rights shall require by their terms the
exercise thereof by the Executive, the last date to exercise the same shall, notwithstanding any provision to the contrary in any
agreement or any Plan, be the earliest of (A) the fifth (5<SUP>th</SUP>) anniversary of the Termination Date and (B) the original
expiration date had the Executive&rsquo;s employment not so terminated; provided, however, that no such extension of the period
in which an incentive stock option, within the meaning of Section 422(b) of the Code, may be exercised shall occur without the
consent of the Executive if such extension would result in such incentive stock option failing to continue to qualify for the federal
income tax treatment afforded incentive stock options under Section 421 of the Code; and (iii) if the vesting or exercise pursuant
hereto of any such stock options, stock appreciation rights, restricted stock grants, restricted stock units, or stock bonuses
shall have the effect of subjecting the Executive to liability under Section 16(b) of the Securities Exchange Act or any similar
provision of law, the vesting date thereof shall be deemed to be the first day after the Termination Date on which such vesting
may occur without subjecting the Executive to such liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(d)&#9;<U>Rabbi Trust</U></B>.
The Company shall maintain a trust intended to be a grantor trust within the meaning of subpart E, Part I, subchapter J, chapter
1, subtitle A of the Code (the &ldquo;<B>Rabbi Trust</B>&rdquo;). Coincident with the occurrence of a Change in Control, the Company
shall promptly deliver to a bank as trustee of the Rabbi Trust (the &ldquo;<B>Trustee</B>&rdquo;), an amount of cash or certificates
of deposit, treasury bills or irrevocable letters of credit adequate to fully fund the payment obligations of the Company under
this Section 3.4. The Company and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Trustee shall enter into a trust agreement
that shall provide that barring the insolvency of the Company, amounts payable to the Executive under this Section 3.4 (subject
to Section 3.6) shall be paid by the Trustee to the Executive ten (10) days after written demand therefore by the Executive to
the Trustee, with a copy to the Company, certifying that such amounts are due and payable under this Section 3.4 because the Executive&rsquo;s
employment has been terminated pursuant to Paragraph (e) or (g) in Section 3.1 hereof at a time which is within two (2) years
following the occurrence of a Change in Control (a &ldquo;<B>Triggering Event</B>&rdquo;). Such trust agreement shall also provide
that if the Company shall, prior to payment by the Trustee, object in writing to the Trustee, with a copy to the Executive, as
to the payment of any amounts demanded by the Executive under this Section 3.4, certifying that such amounts are not due and payable
to the Executive because a Triggering Event has not occurred, such dispute shall be resolved by binding arbitration as set forth
in Section 5.8 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.5.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Conditions to Severance Payments and Benefits</U></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B>The Executive&rsquo;s right to receive the severance payments and benefits pursuant to Sections 3.3 and 3.4 hereof,
is expressly conditioned upon (a) receipt by the Company of a written release (a &ldquo;<B>Release</B>&rdquo;) executed by the
Executive in the form of <U>Exhibit&nbsp;A</U> hereto, on or before the fiftieth (50th) day following the Termination Date and
the expiration of the revocation period described therein without such Release having been revoked, and (b) the compliance by the
Executive with the covenants, terms or provisions of Sections 4.1, 4.2 and 4.3 hereof (the &ldquo;<B>Restrictive Covenants</B>&rdquo;).
If the Executive shall fail to deliver a Release in accordance with the terms of this Section 3.5 or shall breach any of the Restrictive
Covenants, the Company&rsquo;s obligation to make the severance payments and to provide the severance benefits pursuant to Sections
3.3 and 3.4 hereof shall immediately and irrevocably terminate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)</B>&#9;Except
where the Executive&rsquo;s employment is terminated pursuant to Section 3.1(a) or (b), during any calendar year in which the Executive
is a Covered Employee, if any stock-based or cash incentive unit awards of the Executive are intended to qualify as &ldquo;performance
based compensation&rdquo; within the meaning of Section 162(m) of the Code, then the Executive&rsquo;s entitlement, if any, to
accelerated vesting of his stock-based and cash incentive unit awards pursuant to Section 3.3 or 3.4 of this Agreement shall apply
only to the accelerated lapse of any service requirement, and the Executive shall be entitled to such stock-based awards, or to
the vesting thereof, only if and to the extent that the applicable performance criteria applicable to such awards are satisfied.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>3.6.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Section 409A Tax</U></B>. Notwithstanding anything herein to the contrary, to the extent any payment or provision of
benefits under this Agreement upon the Executive&rsquo;s &ldquo;separation from service&rdquo; is subject to Section 409A of the
Code, no such payment shall be made, <FONT STYLE="text-underline-style: double">and Executive shall be responsible for the full
cost of such benefits,</FONT> for six (6) months following the Executive's &quot;separation from service&quot; if the Executive
is a &quot;specified employee&quot; of the Company on the date of such separation from service. On the expiration of such six
(6) month period, any payments delayed, and an amount sufficient to reimburse the Executive for the cost of benefits met by the
Executive, during such period shall be aggregated (the &ldquo;<B>Make-Up Amount</B>&rdquo;) and paid in full to the Executive,
and any succeeding payments and benefits shall continue as scheduled hereunder. The<FONT STYLE="text-underline-style: double">
Company shall credit the Make-Up Amount with interest at no less</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> than the interest rate it pays for short-term borrowed funds, such interest to accrue
from the date on which payments would have been made, or benefits would have been provided, by the Company to the Executive absent
the six month delay. The terms &quot;separation from service&quot; and &quot;specified employee&quot; shall have the meanings
set forth under Section 409A and the regulations and rulings issued thereunder. Furthermore, the Company shall not be required
to make, and the Executive shall not be required to receive, any severance or other payment or benefit under Sections 3.3 or 3.4
hereof if the making of such payment or the provision of such benefit or the receipt thereof shall result in a tax to the Executive
arising under Section 409A of the Code (a &ldquo;<B>Section 409A Tax</B>&rdquo;). For purposes of Section 409A, any right to a
series of installment payments or provision of benefits in installments under Sections 3.3 and 3.4 of this Agreement shall be treated
as a right to a series of separate payments. For purposes of and if and to the extent necessary to comply with Section 409A, any
reference in this Agreement to the Executive&rsquo;s &ldquo;termination of employment&rdquo; or words of similar import shall mean
the Executive&rsquo;s &ldquo;separation from service&rdquo; from the Company, and the Executive&rsquo;s Termination Date shall
mean the date of his &ldquo;separation from service&rdquo; from the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>SECTION 4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="text-transform: uppercase"><U>Restrictive Covenants</U></FONT></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>4.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Confidentiality</U></B>. The Executive agrees that he will not, either during the Term or at any time after the expiration
or termination of the Term, disclose to any other Person any confidential or proprietary information of the Company, the Company&rsquo;s
Parent, or their subsidiaries, except for (a) disclosures to directors, officers, key employees, independent accountants and counsel
of the Company, the Company&rsquo;s Parent and their subsidiaries as may be necessary or appropriate in the performance of the
Executive&rsquo;s duties hereunder, (b) disclosures which do not have a material adverse effect on the business or operations of
the Company, the Company&rsquo;s Parent and their subsidiaries, taken as a whole, (c) disclosures which the Executive is required
to make by law or by any court, arbitrator or administrative or legislative body (including any committee thereof) with apparent
jurisdiction to order the Executive to disclose or make accessible any information, (d)&nbsp;disclosures with respect to any other
litigation, arbitration or mediation involving this Agreement, and (e) disclosures of any such confidential or proprietary information
that is, at the time of such disclosure, generally known to and available for use by the public otherwise than by the Executive&rsquo;s
wrongful act or omission. The Executive agrees not to take with him upon leaving the employ of the Company any document or paper
relating to any confidential information or trade secret of the Company, the Company&rsquo;s Parent and their subsidiaries, except
that Executive shall be entitled to retain (i)&nbsp;papers and other materials of a personal nature, including but limited to,
photographs, correspondence, personal diaries, calendars and Rolodexes (so long as such Rolodexes do not contain the Company&rsquo;s
only copy of business contact information), personal files and phone books, (ii)&nbsp;information showing his compensation or relating
to his reimbursement of expenses, (iii)&nbsp;information that he reasonably believes may be needed for tax purposes, and (iv)&nbsp;copies
of plans, programs and agreements relating to his employment, or termination thereof, with the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>4.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Non-Solicitation of Employees</U></B>. The Executive agrees that, except in the course of performing his duties hereunder,
he will not, either during the Term and for a period of two (2) years after the expiration or termination of the Term, directly
or indirectly, solicit or induce or attempt to solicit or induce or cause any of the employees of the Company, the Company&rsquo;s </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Parent or their subsidiaries to leave the employ of the Company, the Company&rsquo;s Parent or any of their subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>4.3.&nbsp;&nbsp;&#9;<U>Intellectual
Property &amp; Company Creations</U>.</B>&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(a)&#9;<U>Definitions</U>.
<I>Included Activity</I> </B>means&nbsp;&nbsp;at the relevant time of determination, any activity conducted by, for or under the
Company&rsquo;s direction, whether or not conducted at the Company&rsquo;s facilities, during working hours or using the Company&rsquo;s
resources, or which relates directly or indirectly to (i) the Company&rsquo;s business as then operated or under consideration
or development or (ii) any method, program, computer software, apparatus, design, plan, model, specification, formulation, technique,
product, process (including, without limitation, any business processes and any operational processes) or device, then purchased,
sold, leased, used or under consideration or development by the Company. <B><I>Development </I></B>means any idea, discovery,
improvement, invention (including without limitation any discovery of new technology and any improvement to existing technology),
Confidential Information, know-how, innovation, writing, work of authorship, compilation and other development or improvement,
whether or not patented or patentable, copyrightable, or reduced to practice or writing. <B><I>The Company Creation </I></B>means
any Development that arises out of any Included Activity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)&#9;<U>Assignment</U>.&nbsp;&nbsp;</B>Executive
hereby sells, transfers and assigns to (and the following shall be the exclusive property of) the Company, or its designee(s),
the entire right, title and interest of Executive in and to all Company Creations made, discovered, invented, authored, created,
developed, originated or conceived by Executive, solely or jointly, (i) during the term of Executive&rsquo;s employment with the
Company or (ii) on or before the first anniversary of the date of termination<B> </B>of Executive&rsquo;s employment with the Company.
Executive acknowledges that all copyrightable materials developed or produced by Executive within the scope of Executive's employment
by the Company constitute works made for hire, as that term is defined in the United States Copyright Act 17 U.S.C. &sect; 101.
Executive shall bear the burden to prove that any Development did not arise out of an Included Activity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(c)&#9;<U>Disclosure
&amp; Cooperation</U>.&nbsp;&nbsp;</B>Executive shall communicate promptly and disclose to the Company, in such form as the Company
may reasonably request, all information, details and data pertaining to any Company Creations, and Executive shall execute and
deliver to the Company or its designee(s) such formal transfers and assignments and such other papers and documents and shall
give such testimony as may be deemed necessary or required of Executive by the Company or its designee to develop, preserve or
extend the Company's rights relating to any Company Creations and to permit the Company or its designee to file and prosecute
patent applications and, as to copyrightable material, to obtain copyright registrations thereof. Executive hereby appoints the
Company as Executive's attorney-in-fact to execute on Executive's behalf any assignments or other documents deemed necessary by
the Company to protect or perfect its rights to any Creations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(d)&#9;<U>Exclusion</U>.</B>&nbsp;&nbsp;If
any Company Creation fully qualifies under any applicable state or federal law that (i) restricts the enforcement of the provisions
of Sections 4.3(b) or 4.3(c)<FONT STYLE="color: red"> </FONT>by the Company against any Company employee and (ii) prohibits the
waiver of such employee rights by contract, then as to such qualifying Company Creations, the provisions of Sections 4.3(b) and
4.3(c) shall only apply to the extent, if any, not prohibited by such law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>SECTION 5.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="text-transform: uppercase"><U>Miscellaneous Provisions</U></FONT></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>No Mitigation; Offsets</U></B>. The Executive shall not be required to mitigate damages or the amount of any payment
provided for under this Agreement by seeking other employment or otherwise and no future income earned by the Executive from employment
or otherwise shall in any way reduce or offset any payments due to the Executive hereunder. Assuming a payment or otherwise is
due Executive under this Agreement, the Company may offset against any amount due Executive under this Agreement only those amounts
due Company in respect of any undisputed, liquidated obligation of Executive to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Governing Law</U></B>. The provisions of this Agreement will be construed and interpreted under the laws of the State
of New Jersey, without regard to principles of conflicts of law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.3.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Injunctive Relief and Additional Remedy</U></B>. The Executive acknowledges that the injury that would be suffered by
the Company, the Company&rsquo;s Parent, or their subsidiaries as a result of a breach of the provisions of Sections 4.1, 4.2 and
4.3 hereof would be irreparable and that an award of monetary damages to the Company, the Company&rsquo;s Parent, or their subsidiaries
for such a breach would be an inadequate remedy. Consequently, the Company, the Company&rsquo;s Parent, or their subsidiaries will
have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach
or otherwise to specifically enforce any provision of this Agreement, and the Company, the Company&rsquo;s Parent, or their subsidiaries
will not be obligated to post bond or other security in seeking such relief. Each of the parties hereby irrevocably submits to
the exclusive jurisdiction of the federal and state courts of the State of New Jersey for the purpose of injunctive relief.<B>
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.4.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Representations and Warranties by Executive</U></B>. The Executive represents and warrants to the best of his knowledge
that the execution and delivery by the Executive of this Agreement do not, and the performance by the Executive of the Executive&rsquo;s
obligations hereunder will not, with or without the giving of notice or the passage of time, or both: (a) violate any judgment,
writ, injunction, or order of any court, arbitrator or governmental agency applicable to the Executive or (b) conflict with, result
in the breach of any provisions of or the termination of, or constitute a default under, any agreement to which the Executive is
a party or by which the Executive is or may be bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.5.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Waiver</U></B>. The rights and remedies of the parties to this Agreement are cumulative and not alternative. Neither
the failure nor any delay by either party in exercising any right, power, or privilege under this Agreement will operate as a waiver
of such right, power, or privilege, and no single or partial exercise of any such right, power, or privilege will preclude any
other or further exercise of such right, power, or privilege or the exercise of any other right, power, or privilege. To the maximum
extent permitted by applicable law, (a)&nbsp;no waiver that may be given by a party will be applicable except in the specific instance
for which it is given; and (b)&nbsp;no notice to or demand on one party will be deemed to be a waiver of any obligation of such
party or of the right of the party giving such notice or demand to take further action without notice or demand as provided in
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.6.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Assignment</U></B>. No right or benefit under this Agreement shall be assigned, transferred, pledged or encumbered (a)
by the Executive except by a beneficiary designation made by will or the laws of descent and distribution or (b) by the Company
except that the Company may assign this Agreement and all of its rights hereunder to any Person with which it may merge or consolidate
or to which it may sell all or substantially all of its assets; <U>provided</U> that such Person shall, by agreement in form and
substance satisfactory to the Executive, expressly assume and agree to perform this Agreement for the remainder of the Term in
the same manner and to the same extent that the Company would be required to perform it if no such merger, consolidation or sale
had taken place. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Company, the Company&rsquo;s
Parent and each of their successors and assigns, and the Executive, his heirs, legal representatives and any beneficiary or beneficiaries
designated hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.7.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Entire Agreement; Amendments</U></B>. This Agreement contains the entire agreement between the Company (and the Company&rsquo;s
Parent) and Executive with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral or
written, between the Company (and the Company&rsquo;s Parent) and Executive with respect to the subject matter hereof. This Agreement
may not be amended orally, but only by an agreement in writing signed by the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.8.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Arbitration</U></B>. Any dispute which may arise between the Executive and the Company with respect to the construction,
interpretation or application of any of the terms, provisions, covenants or conditions of this Agreement or any claim arising from
or relating to this Agreement will be submitted to final and binding arbitration by three (3) arbitrators in Newark, New Jersey,
under the expedited rules of the American Arbitration Association then obtaining. One such arbitrator shall be selected by each
of the Company and the Executive, and the two arbitrators so selected shall select the third arbitrator. Selection of all three
arbitrators shall be made within thirty (30) days after the date the dispute arose. The written decision of the arbitrators shall
be rendered within ninety (90) days after selection of the third arbitrator. The decision of the arbitrators shall be final and
binding on the Company and the Executive and may be entered by either party in any New Jersey federal or state court having jurisdiction.<B>
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.9.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Severability</U></B>. In the case that any one or more of the provisions contained in this Agreement shall, for any reason,
be held invalid or unenforceable, the other provisions of this Agreement shall remain in full force and effect. Any provision of
this Agreement held invalid or unenforceable only in part or degree shall remain in full force and effect to the extent not held
invalid or unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.10.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Counterparts; Facsimile</U></B>. This Agreement may be executed in one or more counterparts, each of which will be deemed
to be an original copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement.
This Agreement may be executed via facsimile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.11.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Headings; Interpretation</U></B>. The various headings contained herein are for reference purposes only and do not limit
or otherwise affect any of the provisions of this Agreement. It is the intent of the parties that this Agreement not be construed
more strictly with regard to one party than with regard to any other party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.12.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Notices</U></B>. <B>(a) </B>All notices, requests, demands and other communications required or permitted under this
Agreement shall be in writing and sent as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If to the Company, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 85%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Selective Insurance Company of America</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">40 Wantage Avenue<BR>
        Branchville, New Jersey 07890<BR>
        Attn: General Counsel<BR>
        Fax: (973) 948-0282</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If to the Executive, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 85%">Mark Wilcox</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>[Address Intentionally Omitted]</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B>All notices and other communications required or permitted under this Agreement which are addressed as provided in Paragraph
(a) of this Section 5.12, (i) if delivered personally against proper receipt shall be effective upon delivery, (ii) if sent by
facsimile transmission (with evidence supplied by the sender of the facsimile&rsquo;s receipt at a facsimile number designated
for receipt by the other party hereunder, which other party shall be obligated to provide such a facsimile number) shall be effective
upon dispatch, and (iii) if sent (A) by certified or registered mail with postage prepaid or (B) by Federal Express or similar
courier service with courier fees paid by the sender, shall be effective upon receipt. The parties hereto may from time to time
change their respective addresses and/or facsimile numbers for the purpose of notices to that party by a similar notice specifying
a new address and/or facsimile number, but no such change shall be deemed to have been given unless it is sent and received in
accordance with this Section 5.12.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>5.13.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Withholding</U></B>. All amounts payable by the Company to the Executive hereunder (including, but not limited to, the
Salary or any amounts payable pursuant to Sections 3.3 and/or 3.4 hereof) shall be reduced prior to the delivery of such payment
to the Executive by an amount sufficient to satisfy any applicable federal, state, local or other withholding tax requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF,
the Company and Executive have executed this Agreement as of the Commencement Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>SELECTIVE INSURANCE COMPANY OF AMERICA</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>By: </TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Angelique Carbo</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Angelique Carbo</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Executive Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in"><B></B></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>EXECUTIVE:</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Mark A. Wilcox&#9;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-left: 20pt">Mark A. Wilcox</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.75in">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM OF RELEASE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is hereby
made to the Employment Agreement, dated as of _______ __, 2016 (the &ldquo;<U>Employment</U> <U>Agreement</U>&rdquo;), by and between
Mark Wilcox (the &ldquo;<U>Executive</U>&rdquo;) and Selective Insurance Company of America, a New Jersey corporation (the &ldquo;<U>Company</U>&rdquo;).
Capitalized terms used but not defined herein shall have the meanings specified in the Employment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the terms
of the Employment Agreement and in consideration of the payments to be made to the Executive by the Company, which Executive acknowledges
are in excess of what Executive would otherwise be entitled to receive, the Executive hereby releases and forever discharges and
holds the Company, the Company&rsquo;s Parent and their subsidiaries (collectively, the &ldquo;<U>Company</U> <U>Parties</U>&rdquo;
and each a &ldquo;<U>Company</U> <U>Party</U>&rdquo;), and the respective officers, directors, employees, partners, stockholders,
members, agents, affiliates, successors and assigns and insurers of each Company Party, and any legal and personal representatives
of each of the foregoing, harmless from all claims or suits, of any nature whatsoever (whether known or unknown), past, present
or future, including those arising from the law, being directly or indirectly related to the Executive&rsquo;s employment by or
the termination of such employment by any Company Party, including, without limiting the foregoing, any claims for notice, pay
in lieu of notice, wrongful dismissal, severance pay, bonus, overtime pay, incentive compensation, interest or vacation pay for
the Executive&rsquo;s service as an officer or director to any Company Party through the date hereof. The Executive also hereby
agrees not to file a lawsuit asserting any such claims. This release (this &ldquo;<U>Release</U>&rdquo;) includes, but is not limited
to, claims growing out of any legal restriction on any Company Party&rsquo;s right to terminate its employees and claims or rights
under federal, state, and local laws prohibiting employment discrimination (including, but not limited to, claims or rights under
Title VII of the Civil Rights Act of 1964, as amended by the Civil Rights Act of 1991, the Americans with Disabilities Act, the
Family and Medical Leave Act, the Fair Labor Standards Act, the Uniformed Services Employment and Reemployment Rights Act, the
Employee Retirement Income Security Act, the Equal Pay Act, the Age Discrimination in Employment Act of 1967, as amended by the
Older Workers Benefit Protection Act of 1990, and the laws of the State of New Jersey against discrimination, or any other federal
or state statutes prohibiting discrimination on the basis of age, sex, race, color, handicap, religion, national origin, and sexual
orientation, or any other federal, state or local employment law, regulation or other requirement) which arose before the date
this Release is signed, excepting only claims in the nature of workers&rsquo; compensation, claims for vested benefits, and claims
to enforce this agreement. The Executive acknowledges that because this Release contains a release of claims and is an important
legal document, he has been advised to consult with counsel before executing it, that he may take up to [twenty-one (21)]<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>[1]</SUP></FONT>
[forty-five (45)]<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>[2]</SUP></FONT> days</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><SUP>[1]</SUP></FONT>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delete brackets and use text enclosed therewith if 45 days is not otherwise required by Section 7(f)(1)(F) of the Age Discrimination
in Employment Act and/or 29 C.F.R. Part 1625. If 45 days is so required, delete bracketed text in its entirety.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> to decide
whether to execute it, and that he may revoke this Release by delivering or mailing a signed notice of revocation to the Company
at its offices within seven (7) days after executing it. If Executive executes this Release and does not subsequently revoke the
release within seven (7) days after executing it, then this Release shall take effect as a legally binding agreement between Executive
and the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If Executive does not
deliver to the Company an original signed copy of this Release by [insert date], or if Executive signs and revokes this Release
within seven (7) days as set forth above, the Company will assume that Executive rejects the Release and Executive will not receive
the payments referred to herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Executive acknowledges
that there is a risk that after signing this Release he may discover losses or claims that are released under this Release, but
that are presently unknown to him. The Executive assumes this risk and understands that this Release shall apply to any such losses
and claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Executive understands
that this Release includes a full and final release covering all known and unknown, injuries, debts, claims or damages which have
arisen or may have arisen from Executive&rsquo;s employment by or the termination of such employment by any Company Party. The
Executive acknowledges that by accepting the benefits and payments set forth in the Employment Agreement, he assumes and waives
the risks that the facts and the law may be other than as he believes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding the
foregoing, this Release does not release, and the Executive continues to be entitled to, (i) any rights to exculpation or indemnification
that the Executive has under contract or law with respect to his service as an officer or director of any Company Party and (ii)
receive the payments to be made to him by the Company pursuant to Section 3.3 and/or 3.4 of the Employment Agreement (including
any plan, agreement or other arrangement that is referenced in or the subject of the applicable Section), subject to the conditions
set forth in Section 3.5 of the Employment Agreement, (iii)&nbsp;any right the Executive may have to obtain contribution as permitted
by law in the event of entry of judgment against him as a result of any act or failure to act for which he and any Company Party
are jointly liable, and (iv)&nbsp;any claim in respect of any insurance policy with any Company Party entered into outside of the
employment relationship.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Release constitutes
the release referenced in Section 3.5 of the Employment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The undersigned Executive,
having had the time to reflect, freely accepts and agrees to the above Release. The Executive acknowledges and agrees that no Company
Party representative has made any representation to or agreement with the Executive relating to this Release which is not contained
in the express terms of this Release. The Executive acknowledges and agrees that the execution and delivery of this Release is
based upon the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">________________________</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>[2]</SUP>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delete brackets and use
text enclosed therewith if 45 days is required by Section 7(f)(1)(F) of the Age Discrimination in Employment Act and/or 29 C.F.R.
Part 1625. If 45 days is not so required, delete bracketed text in its entirety.</p>
<!-- Field: Page; Sequence: 21; Value: 2 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> Executive&rsquo;s independent review of this Release, and the Executive hereby expressly waives any and all claims
or defenses by the Executive against the enforcement of this Release which are based upon allegations or representations, projections,
estimates, understandings or agreements by any Company Party or any of their representatives or any assumptions by the Executive
that are not contained in the express terms of this Release.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 10%">Date:</TD>
    <TD STYLE="width: 40%; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>[NAME OF EXECUTIVE]</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">STATE OF_________________:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 140pt; text-indent: 0.5in">ss.:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">COUNTY OF ______________:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On this _____ day of _______________, 201_,
before me, the undersigned officer, personally appeared _________________, personally known to me (or satisfactorily proven to
be the same person whose name is subscribed in the foregoing instrument), who acknowledged that he executed the foregoing instrument
for the purposes therein contained as his free act and deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In witness whereof, I hereunto set my hand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">_____________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Notary Public</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">My Commission Expires:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Attachment to Form of Release</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>[Attach disclosures required by the Older Workers Benefit
Protection Act, if required]</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">- 23 -</P>

<HR NOSHADE SIZE="4" STYLE="color: Black; width: 100%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>exh_991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><img src="logo.jpg"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Selective Insurance Names Mark Wilcox
Chief Financial Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BRANCHVILLE, N.J., October 31, 2016 --</B> Selective Insurance
Group, Inc. (NASDAQ: SIGI) today announced the appointment of Mark A. Wilcox as Executive Vice President and Chief Financial Officer,
effective January 1, 2017. Mr. Wilcox currently serves as Senior Vice President, Corporate Controller and Chief Accounting Officer
of RenaissanceRe Holdings Ltd., and is responsible for accounting policy, internal, external, and regulatory financial reporting,
budgeting, global tax, global actuarial, and investor relations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Wilcox is a certified public accountant, chartered professional
accountant, and a chartered financial analyst. Mr. Wilcox succeeds Dale A. Thatcher, who retired after 16 years as Selective&rsquo;s
CFO on September 1, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Selective&rsquo;s Chairman and CEO, Gregory E. Murphy stated,
&ldquo;Mark is a highly regarded global financial executive, and we are delighted he will be joining our organization. He has the
wide range of insurance experience essential to Selective. He has been involved in all aspects of RenaissanceRe&rsquo;s global
financial operations, including financial reporting and control, investments, treasury, capital management, tax planning, and investor
and rating agency relations.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Wilcox said, &ldquo;I am very pleased to join Greg Murphy,
John Marchioni, and the tremendous team at Selective. I have long admired and respected Selective&rsquo;s successful ability to
balance rate and growth. I look forward to being active in the primary insurance market and helping Selective continue its success.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Wilcox previously held senior financial positions at PriceWaterhouseCoopers
LLP and Bank of America Corporation. He holds an MBA from Georgetown University, a BS from the University of South Florida, and
a certificate from Oxford University&rsquo;s Graduate Program in International Management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Selective Insurance Group, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Selective Insurance Group, Inc. is a holding company for 10
property and casualty insurance companies rated &quot;A&quot; (Excellent) by A.M. Best. Through independent agents, the insurance
companies offer standard and specialty insurance for commercial and personal risks, and flood insurance underwritten by the National
Flood Insurance Program. Selective maintains a website at www.Selective.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt"><B>Investor Contact:</B></FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt"><B>Media Contact: </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Rohan Pai</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Jamie Beal </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">973-948-1364</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">973-948-1234 </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">rohan.pai@Selective.com</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">jamie.beal@Selective.com </FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Selective Insurance Group, Inc. </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>40 Wantage Avenue </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Branchville, New Jersey 07890 </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>www.Selective.com </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>



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$8I7_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
