X0306 4 2016-05-06 0 0000074260 OLD REPUBLIC INTERNATIONAL CORP ORI 0001584069 Smiddy Craig R 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601 0 1 0 0 Exec.VP/CEO ORGeneral Ins.Cos. 2016 Employee Stock Option 18.14 2016-05-06 4 A 0 25000 0 A 2016-05-06 2026-03-23 Common Stock 25000 25000 D Date of notice to the optionee. These shares vest and become exercisable each December 31 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year and 30% the fifth year. Also, vesting shall accelerate if the optionee dies, becomes disabled, retires or a change of control of the company occurs. For those optionees over age 65 and who have been employed for 10 years or more by the company on the date of grant, 100% of the option shares vest immediately. William J. Dasso, Power of Attorney for Craig R. Smiddy 2016-05-09