Protective Life Corporation Performance Units Award Letter (March 15, 2021)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Protective Life Corporation has granted the recipient a specified number of Performance Units under its Long-Term Incentive Plan for the period from January 1, 2021, to December 31, 2023. The award is subject to the terms and conditions outlined in the Plan and the 2021 Performance Units Award Provisions, including rules on payment, employment termination, tax withholding, non-solicitation, and regulatory compliance. The letter is signed by the company's President and CEO, Richard J. Bielen.

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EX-10.15(A)(1) 8 plico123120-exhibit1015a1.htm EX-10.15(A)(1) Document


[NAME]



MARCH 15, 2021
PERFORMANCE UNITS
AWARD LETTER

Protective Life Corporation has awarded you:
_______ Performance Units
Award Period: January 1, 2021 – December 31, 2023
Date of Grant: March 15, 2021

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 2021 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.


/s/ RICHARD J. BIELEN

Richard J. Bielen
President and Chief Executive Officer of
Protective Life Corporation