Protective Life Corporation Restricted Units Award Letter to Employee (March 15, 2018)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Protective Life Corporation, through its Compensation and Management Succession Committee, has granted the recipient a specified number of Restricted Units under the company's Long-Term Incentive Plan. The award is subject to the terms outlined in the 2018 Restricted Units Award Provisions and the Plan, which cover vesting, employment termination, tax withholding, non-solicitation, and regulatory compliance. The recipient is advised to review all related documents for full details. The letter is signed by the company's President and CEO, Richard J. Bielen.

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EX-10.7A 10 plc123118-exhibit107a_2018.htm EXHIBIT 10.7A Exhibit

 

[NAME]
MARCH 15, 2018
RESTRICTED UNITS
AWARD LETTER
The Compensation and Management Succession Committee of the Company's Board of Directors has awarded you:
______ Restricted Units
Date of Grant: March 15, 2018
These Restricted Units were awarded pursuant to the Protective Life Corporation Long-Term Incentive Plan (the “Plan”), and are subject to the terms and conditions contained in the 2018 Restricted Units Award Provisions (“Provisions”), as set forth in Appendix A to this Award Letter, and the Plan. The Plan and the Provisions contain terms and conditions regarding the vesting of these Restricted Units, termination of employment, tax withholding, non-solicitation of Company employees and customers, regulatory compliance and other matters, and I encourage you to read the Provisions carefully.
Please retain these documents in your personal records.
                        
Richard J. Bielen
President and Chief Executive Officer of Protective Life Corporation