Exhibit 10.2 OHIO CASUALTY CORPORATION 2006 OFFICER LONG-TERM INCENTIVE AWARD SCHEDULE OF POTENTIAL PAYOUTS FOR PERFORMANCE PERIOD BEGINNING JANUARY 1, 2006 THROUGH DECEMBER 31, 2008 THRESHOLD TARGET MAXIMUM JOB TITLE VALUE VALUE VALUE Dan R. Carmichael, President and Chief Executive Officer $393,750 $1,575,000 $3,543,750 Ralph S. Michael III, President & Chief Operating Officer $114,647 $ 458,587 $1,031,821 Michael A. Winner, Executive Vice President and Chief Financial Officer $ 54,838 $ 219,350 $ 493,538 Debra K. Crane, Senior Vice President, General Counsel and Secretary $ 36,430 $ 145,720 $ 327,870 Paul J. Gerard, Senior Vice President, Investments $ 29,042 $ 116,167 $ 261,376 Lynn C. Schoel, Senior Vice President, Human Resources $ 23,337 $ 93,349 $ 210,035 Keith A. Cheesman, Vice President and Controller $ 16,207 $ 64,826 $ 145,859