2021 Restricted Units Award Letter (for key officers) of Protective Life Corporation

EX-10.16(A)(1) 11 plico123120-exhibit1016a1.htm EX-10.16(A)(1) Document


MARCH 15, 2021

Protective Life Corporation has awarded you:
______ Restricted Units
Date of Grant: March 15, 2021

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 2021 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