Protective Life Corporation March 2024 Restricted Units Award Letter

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Protective Life Corporation has granted the recipient a specified number of Restricted Units as of March 15, 2024, under its Long-Term Incentive Plan. The award is subject to the terms outlined in the plan and accompanying provisions, which address vesting, payment, employment termination, forfeiture, tax matters, confidentiality, non-solicitation, and other key conditions. The recipient is advised to review all related documents for full details and must comply with the stated requirements to retain the award.

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EX-10.(DDD) 5 exhibit10ddd-sx1april2024.htm EX-10.(DDD) Document
Exhibit(ddd)
[NAME]
MARCH 15, 2024
RESTRICTED UNITS
AWARD LETTER
Protective Life Corporation has awarded you:
______ Restricted Units
Date of Grant: March 15, 2024
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 2024 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 and payment of these Restricted Units, termination of employment, forfeiture, tax withholding, competitive and conflicting activities, confidentiality, non-solicitation of Company employees and customers, regulatory compliance, recoupment, remedies, and other important 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