AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT
AMENDMENT NO. 3, dated as of September 1, 1999, among SELECTIVE INSURANCE GROUP, INC.,
a New Jersey corporation ("Selective"), having an office at 40 Wantage Avenue, Branchville, New Jersey
07826, SELECTIVE INSURANCE COMPANY OF AMERICA, a New Jersey corporation ("SICA"), having
an office at 40 Wantage Avenue, Branchville, New Jersey 07826, and THORNTON R. LAND, having an
address at 78 Onderdonk Road, Warwick, New York 10990 (the "Executive"), to Employment Agreement
dated as of September 1, 1993 among Selective, SICA and the Executive, as heretofore amended by
Amendment No. 1 thereto dated as of January 31, 1994 and Amendment No. 2 thereto dated as of June 6,
1996 (as so amended, the "Employment Agreement").
WHEREAS, Selective, SICA and the Executive have executed and delivered the Employment Agreement, and
Selective has guaranteed all of the obligations of SICA as the Employer under the Employment Agreement; and
WHEREAS, the parties hereto desire to further amend the Employment Agreement to extend the term thereof
and to modify the Salary (as defined in Section 3 of the Employment Agreement) provided for therein.
THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto
agree as follows:
1. The term of employment under the Employment Agreement is hereby extended for a period of two (2) years
commencing September 1, 1999 (the "Renewal Term"), and all references in the Agreement to the term thereof
or the Executive's term of employment thereunder shall include the Renewal Term.
2. The Salary, as defined and provided for in Section 3 of the Employment Agreement, shall be paid to the
Executive at a rate of not less than Two Hundred Forty Thousand Dollars ($240,000.00) per year during the
3. Selective reaffirms that it guarantees to the Executive the full performance by SICA of all of its obligations
under the Employment Agreement as amended herein.
4. Except as a