2019 Performance Units Award Letter of the Company

Contract Categories: Human Resources - Bonus & Incentive Agreements
EX-10.6 7 plc3311910q-exhibit106_pro.htm EXHIBIT 10.6 Exhibit

 

[NAME]
MARCH 15, 2019
PERFORMANCE UNITS
AWARD LETTER
Protective Life Corporation has awarded you:
_______ Performance Units
Award Period: January 1, 2019 – December 31, 2021
Date of Grant: March 15, 2019
These Performance 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 2019 Performance 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 payment of these Performance 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