Protective Life Corporation Parent-Based Award Letter under Long-Term Incentive Plan (March 2024)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Protective Life Corporation has granted a Parent-Based Award to the recipient as part of its Long-Term Incentive Plan, effective March 15, 2024. 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. Recipients are advised to review all related documents for details on their rights and obligations under this incentive award.

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EX-10.(FF) 6 exhibit10ff-sx1xapril2024.htm EX-10.(FF) Document
Exhibit 10.(ff)
[NAME]
MARCH 15, 2024
PARENT-BASED
AWARD LETTER
Protective Life Corporation has awarded you:
Parent-Based Award Valued at _______
Date of Grant: March 15, 2024
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 2024 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 and payment of this Parent-Based Award, 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