THIS AGREEMENT, made and entered into as of the 29 th day of April, 2009 by and between FBL Financial
Group, Inc., an Iowa corporation (together with its successors and assigns permitted under this Agreement, the
“Company”), and James E. Hohmann (the “Executive”).
WHEREAS, the Company is in need of a Chief Executive Officer (“CEO”) on an interim basis until a permanent
CEO is selected; and
WHEREAS, the Company desires to employ the Executive on an interim basis as a CEO and to enter into an
agreement embodying the terms of such employment (this “Agreement”) and the Executive desires to enter into
this Agreement and to accept such employment, subject to the terms and provisions of this Agreement;
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other
good and valuable consideration, the receipt of which is mutually acknowledged, the Company and the Executive
(individually a “Party” and together the “Parties”) agree as follows:
SECTION 1. Definitions.
(a) “Affiliate” of a person or other entity shall mean a person or other entity that directly or indirectly controls,
is controlled by, or is under common control with the person or other entity specified. The Company’s
current affiliates applicable to this Agreement ( “Affiliated Companies”) are listed on Exhibit A, attached
(b) “FBL” shall mean FBL Financial Group, Inc., an Iowa corporation.
(c) “Base Salary” shall mean the annual rate of salary provided for in Section 4 below or any increased annual
rate of salary granted to the Executive pursuant to Section 4.
(d) “Board” shall mean the Board of Directors of the Company.
(e) “Cause” shall mean:
(i) The Employee’s willful and continued failure to substantially perform the Employee’s duties with the
Company or its Affiliates (other than any such failure resulting from the Employee’s incapacity due to
physical or mental illness), after a written dema