[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