HORACE MANN EDUCATORS CORPORATION DEBT SECURITIES UNDERWRITING AGREEMENTUnderwriting Agreement • June 9th, 2005 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance • New York
The Designated Securities will be redeemable, at the option of the Company, in whole at any time or in part from time to time (a “Redemption Date”), at a redemption price (the “Redemption Price”) equal to the greater of (i) 100% of the principal amount of the Designated Securities to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal and interest on the Designated Securities to be redeemed, not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 30 basis points; plus in each case, accrued and unpaid interest on the Designated Securities to be redeemed to, but excluding, such Redemption Date.
FIRST SUPPLEMENTAL INDENTURE Dated as of June 9, 2005Supplemental Indenture • June 9th, 2005 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance
