Exhibit 10.11
CRAWFORD & COMPANY
EXECUTIVE EMPLOYMENT AGREEMENT
This Agreement is made between Michael Hoberman (“Employee”) and Crawford & Company (“Crawford”), and executed on the date set forth below (“Agreement”). In consideration of the mutual promises and covenants contained in this Agreement and for other good and valuable consideration including, but not limited to, the employment of Employee by Crawford, the wages offered and to be paid to Employee by Crawford during Employee’s employment, the training Employee will receive from Crawford regarding policies and compliance and the methods and operations of Crawford at considerable expense to Crawford, and access to and knowledge of Crawford’s confidential information and trade secrets Employee will receive, the parties hereto agree as follows:
Article 1 Title and Duties.
Article 2 Definitions.
For purposes of this definition, no act or failure to act on the part of Employee shall be considered “willful” unless it is done, or omitted to be done, by Employee in bad faith or without reasonable belief (based upon an objective reasonable person standard) that Employee’s action or omission was in the best interest of Crawford. Any act or failure to act based upon authority given pursuant to a resolution duly adopted by Crawford or based upon the advice of counsel for Crawford shall be conclusively presumed to be done, or omitted to be done, by Employee in good faith and in the best interests of Crawford.
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Article 3 Compensation.
Article 4 Employee Benefits.
Article 5 Employee Rights and Obligations.
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Article 6 Arbitration of Disputes.
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Article 7 Miscellaneous.
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Article 8 Acknowledgement. By signing this Agreement, Employee acknowledges that (a) Employee is not guaranteed employment for any definite duration and either Employee or Crawford may terminate Employee’s employment relationship with Crawford at any time, for any reason, (b) Employee has carefully read and understands the provisions of this Agreement and Employee was given the opportunity to consult with an attorney of Employee’s choosing prior to executing this Agreement, and (c) except as set forth herein, no promises or inducements for this Agreement have been made, and Employee is entering into the Agreement without reliance upon any statement or representation by Crawford or its agents concerning any material fact.
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Executed, this 11th day of November, 2020.
EMPLOYEE CRAWFORD & COMPANY
/s/ Michael Hoberman /s/ Bonnie C. Sawdey
Michael Hoberman By: Bonnie C. Sawdey
Its: Chief People Officer
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