Protective Life Corporation Parent-Based Award Letter Dated March 15, 2019

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Protective Life Corporation, through its Compensation and Management Succession Committee, has granted a Parent-Based Award to the recipient under the company's Long-Term Incentive Plan. The award is subject to the terms outlined in the 2019 Parent-Based Award Provisions and the Plan, which address vesting, employment termination, tax withholding, non-solicitation, and regulatory compliance. Recipients are advised to review all related documents for full details. The award was granted on March 15, 2019, and is signed by the company's President and CEO.

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EX-10.2 3 plc3311910q-exhibit102_pro.htm EXHIBIT 10.2 Exhibit



[NAME]
MARCH 15, 2019
PARENT-BASED
AWARD LETTER
The Compensation and Management Succession Committee of the Company's Board of Directors has awarded you:
Parent-Based Award Valued at _______
Date of Grant: March 15, 2019
This Parent-Based Award was awarded pursuant to the Protective Life Corporation Long-Term Incentive Plan (the “Plan”), and is subject to the terms and conditions contained in the 2019 Parent-Based 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 this Parent-Based Award, 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