Protective Life Corporation Restricted Units Award Letter (March 15, 2019)

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 2019 Restricted Units Award Provisions and the Plan, which cover vesting, employment termination, tax matters, non-solicitation, and regulatory compliance. Recipients are 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-10.8 9 plc3311910q-exhibit108_pro.htm EXHIBIT 10.8 Exhibit



[NAME]
MARCH 15, 2019
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, 2019
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 2019 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