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- 10-K Annual report
- 4.4 Form of 6.375% Senior Notes Due 2012
- 10.1 Sublease Agreement for Aircraft Hangar
- 10.2 Assignment of Assumption of Lease Agreement
- 10.5 the Progressive Corporation 2009 Gainsharing Plan
- 10.6 the Progressive Corporation 2010 Gainsharing Plan
- 10.7 First Amendment to the Progressive Corporation 2010 Gainsharing Plan
- 10.8 the Progressive Corporation 2011 Gainsharing Plan
- 10.10 the Progressive Corporation 1995 Incentive Plan
- 10.12 Form of Objective-based Non-qualified Stock Option Agreement
- 10.35 Third Amendment to Executive Deferred Compenstion Plan
- 10.36 Fourth Amendment to Executive Deferred Compensation Plan
- 10.43 Form of Executive Deferred Compensation Plan Performance-based
- 10.48 Form of Executive Deferred Compensation Plan Time-based
- 10.62 Director Compensation Schedule for 2006 and 2007
- 10.64 Director Compensation Schedule for 2010
- 10.65 Executive Separation Allowance Plan
- 11 Computation of Earnings Per Share
- 13 the Progressive Corporation 2010 Annual Report to Shareholders
- 21 Subsidiaries of the Progressive Corporation
- 24 Powers of Attorney
- 31.1 Section 302 CEO Certification
- 31.2 Section 302 CFO Certification
- 32.1 Section 906 CEO Certification
- 32.2 Section 906 CFO Certification
- 99 Letter to Shareholders from Glenn M. Renwick, President and CEO
Exhibit 10.7
FIRST AMENDMENT
TO
THE PROGRESSIVE CORPORATION
2010 GAINSHARING PLAN
WHEREAS, The Progressive Corporation 2010 Gainsharing Plan (the “Plan”) is currently in effect; and
WHEREAS, the Compensation Committee of the Board of Directors of The Progressive Corporation (the “Committee”) has the authority pursuant to the provisions of the Plan to amend the Plan in its discretion;
WHEREAS, all capitalized terms used in this First Amendment shall have the meanings ascribed to them in the Plan;
NOW, THEREFORE, the Plan is hereby amended as follows:
1. Section 6(E) of the Plan is hereby deleted in its entirety and the following is substituted in its place:
E. | Limitations |
The performance score for the Direct Business Unit can vary from 0 to 3.0, and for each other Business Unit can vary from 0 to 2.0, determined under the procedures described above, based on actual performance. If, however, the performance score for the Direct Business Unit exceeds 2.0, such score shall be rounded down to 2.0 before the weighting thereof and the calculation of the Performance Factor as described above. The final Performance Factor cannot exceed 2.0, regardless of the results of any individual matrix.
2. Except as herein expressly provided, the terms and conditions of the Plan shall remain unchanged and in full force and effect.