Exhibit 10.13
TRANSITION, RETIREMENT AND RELEASE AGREEMENT
This TRANSITION, RETIREMENT AND RELEASE AGREEMENT (this "Agreement") is made and entered
into by and between Horace Mann Service Corporation ("Horace Mann"), an Illinois corporation, and George J.
Zock ("Zock") to provide an orderly and amicable arrangement with respect to Zock's performance of
transitional duties preliminary to his retirement from Horace Mann.
In consideration for the mutual promises provided herein, the parties hereby agree as follows:
1) Change of Current Duties; Conditions While Performing Consulting Duties; Retirement Date
a) Zock shall cease his current duties, salary, responsibilities, title and office as Executive Vice President effective
on December 31, 2003.
i) On or about each of December 15, 2003 and December 31, 2003, Zock will receive a gross salary payment
of Twelve Thousand Eighty Three and 50/100 Dollars ($12,083.50) and continue to be eligible for normal
employee benefits.
ii) From January 1, 2004 until his Retirement Date as such term is defined in Paragraph 1.C. below, (such period
referred to herein as the "Consulting Period") Zock shall remain employed on the payroll of Horace Mann paid at
a salary rate of Fourteen Thousand One Hundred Twenty Eight and no/100 Dollars ($14,128.00) per month
which will be paid in semi-monthly installments in the amount of Seven Thousand Sixty Four and no/100 Dollars
($7,064.00 per pay) in accordance with Horace Mann's payroll practices.
iii) Zock shall be eligible for bonus consideration for his service in 2003, calculated using 2003 salary earnings,
and otherwise in accordance with the terms of the Annual Incentive Program for Officers as detailed in Exhibit A,
if any is payable in 2004.
iv) Prior to his Retirement Date, Zock shall be eligible to continue participation in the Long Term Incentive Plan
("LTIP"), as such may be amended from time to time. Further, Zock will be eligible for payment in 2005 of two-
thirds (2/3) of the LTIP bonus payment for th