Protective Life Corporation Restricted Units Award Letter (March 15, 2016)

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 Restricted Units as part of the company's long-term incentive plan. The award is subject to the terms outlined in the attached 2016 Restricted Units Provisions, which cover vesting, employment termination, tax withholding, non-solicitation, and regulatory compliance. The agreement is effective as of March 15, 2016, and requires the recipient to review and retain the documents for their records.

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EX-10.18(D)(1) 5 plico2019-exh1018d1.htm EX-10.18(D)(1) Document

[NAME]




MARCH 15, 2016
RESTRICTED UNITS
AWARD LETTER


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


______ Restricted Units
Grant Date: March 15, 2016

The Restricted Units were awarded pursuant to the Company's long-term incentive plan, and are subject to the terms and conditions contained in the 2016 Restricted Units Provisions set forth in Appendix A to this Award Letter. Appendix A contains provisions regarding the vesting of the 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 it carefully.

Please retain these documents in your personal records.




______________________________________
John D. Johns
Chairman of the Board, President and
Chief Executive Officer of Protective Life
Corporation