Protective Life Corporation 2017 Performance Units Award Letter to Employee

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 Performance Units for the period from January 1, 2017, to December 31, 2019. The award is subject to the terms outlined in the attached 2017 Performance Units Provisions, which cover payment conditions, employment termination, tax withholding, non-solicitation, and regulatory compliance. The letter is signed by the Chairman and CEO, John D. Johns, and recipients are advised to keep these documents for their records.

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EX-10.17(C)(1) 3 plico2019-exh1017c1.htm EX-10.17(C)(1) Document

[NAME]



MARCH 15, 2017
PERFORMANCE UNITS
AWARD LETTER



The Compensation and Management Succession Committee of the Company's Board of Directors has awarded you:


_______ Performance Units
Award Period: January 1, 2017 – December 31, 2019
Grant Date: March 15, 2017


These Performance Units are subject to the terms and conditions contained in the 2017 Performance Units Provisions (“Provisions”) set forth in Appendix A to this Award Letter. 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 this document carefully.


Please retain these documents in your personal records.







__________________________________
John D. Johns
Chairman of the Board and Chief
Executive Officer of Protective Life
Corporation