Exhibit 10.1 OHIO CASUALTY CORPORATION 2007 OFFICER LONG-TERM INCENTIVE AWARD SCHEDULE OF POTENTIAL PAYOUTS FOR PERFORMANCE PERIOD BEGINNING JANUARY 1, 2007 THROUGH DECEMBER 31, 2009 THRESHOLD TARGET MAXIMUM JOB TITLE VALUE VALUE VALUE Dan R. Carmichael, President and Chief Executive Officer $236,250 $1,575,000 $4,725,000 Ralph S. Michael, III, President & Chief Operating Officer $84,857 $565,712 $1,697,136 Michael A. Winner, Executive Vice President and Chief Financial Officer $45,098 $300,655 $901,965 Debra K. Crane, Senior Vice President, General Counsel and Secretary $22,470 $149,800 $449,400 Paul J. Gerard, Senior Vice President, Investments $16,122 $107,478 $322,434 Lynn C. Schoel, Senior Vice President, Human Resources $14,394 $95,963 $287,889 Keith A. Cheesman, Vice President and Controller $9,996 $66,641 $199,923