EXECUTION VERSION

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
THIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “First
Amendment”), dated as of June 30, 2015 is entered into among TORCHMARK
CORPORATION, a Delaware corporation (the “Borrower”), TMK RE LTD., a Bermuda
reinsurance corporation (“TMK”), the lenders listed on the signature pages
hereof as Lenders (the “Lenders”), and WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Administrative Agent.
BACKGROUND
A.The Borrower, the Lenders and the Administrative Agent are parties to that
certain Amended and Restated Credit Agreement, dated as of July 16, 2014 (the
“Credit Agreement”). The terms defined in the Credit Agreement and not otherwise
defined herein shall be used herein as defined in the Credit Agreement.
B.    The Borrower has requested an amendment to the Credit Agreement.
C.    The undersigned Lenders and the Administrative Agent hereby agree to amend
the Credit Agreement subject to the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the covenants, conditions and agreements
hereafter set forth, and for other good and valuable consideration, the receipt
and adequacy of which are all hereby acknowledged, the Borrower, the undersigned
Lenders and the Administrative Agent agree as follows:
1.    AMENDMENTS.
(a)    The definition of “Base Rate” in Section 1.01 of the Credit Agreement is
amended in its entirety to read as follows:
“Base Rate” means, as of any date of determination, the greatest of (a) the
Prime Rate in effect on such day, (b) the Federal Funds Rate for such day plus
1.00% and (c) the One Month LIBOR Rate for such day (determined on a daily basis
as set forth in the definition of “Eurodollar Rate”) plus 1.00%; provided,
however, that in no event shall the Base Rate as of any date of determination be
less than zero.  As used in this definition, “One Month LIBOR Rate” means the
Eurodollar Rate with a term equivalent to one month commencing on such date of
determination.
(b)    The definition of “Change of Control” in Section 1.01 of the Credit
Agreement is amended by (i) adding the word “or” after the semicolon at the end
of clause (a) thereof, (ii) deleting clause (b) thereof in its entirety and (c)
replacing the “(c)” from present clause (c) and replacing it with “(b)”.
    

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(c)    The definition of “LIBOR” in Section 1.01 of the Credit Agreement is
amended by adding the following language as the last sentence of clause (a)
thereof:
Notwithstanding the foregoing, if LIBOR, determined as provided above, is less
than zero, LIBOR with respect to each Eurodollar Rate Loan shall be deemed to be
zero for all purposes of this Agreement.
2.    REPRESENTATIONS AND WARRANTIES TRUE; NO EVENT OF DEFAULT. By its execution
and delivery hereof, the Borrower represents and warrants that, as of the date
hereof:
(a)    This First Amendment has been duly authorized, executed and delivered by
each of the Borrower and TMK. This First Amendment and the Credit Agreement, as
amended hereby, constitute the legal, valid and binding obligations of each of
the Borrower and TMK, enforceable in accordance with their respective terms;
(b)    The representations and warranties of the Borrower and each other Loan
Party contained in Article V of the Credit Agreement or any other Loan Document
(in each case treating this Amendment as a Loan Document), are true and correct
on and as of the date hereof, except to the extent that such representations and
warranties specifically refer to an earlier date, in which case they were true
and correct as of such earlier date, and except that for purposes of this
Section 2(b), the representations and warranties contained in subsections (a)
and (b) of Section 5.05 of the Credit Agreement shall be deemed to refer to the
most recent statements furnished pursuant to clauses (a) and (b), respectively,
of Section 6.01 of the Credit Agreement; and
(c)    no Default has occurred and is continuing.
3.    CONDITIONS TO EFFECTIVENESS. This First Amendment shall be effective upon
satisfaction or completion of the following:
(a)    the Administrative Agent shall have received counterparts of this First
Amendment executed by the Required Lenders; and
(b)    the Administrative Agent shall have received counterparts of this First
Amendment executed by each of the Borrower and TMK.
4.    REFERENCE TO THE CREDIT AGREEMENT.
(a)    Upon the effectiveness of this First Amendment, each reference in the
Credit Agreement to “this Agreement”, “hereunder”, or words of like import shall
mean and be a reference to the Credit Agreement, as amended hereby.
(b)    The Credit Agreement, as amended by the amendments referred to above,
shall remain in full force and effect and is hereby ratified and confirmed.
5.    COSTS, EXPENSES AND TAXES. The Borrower agrees to pay on demand all
reasonable costs and expenses of the Administrative Agent in connection with the
preparation,

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reproduction, execution and delivery of this First Amendment and the other
instruments and documents to be delivered hereunder (including the reasonable
fees and out-of-pocket expenses of counsel for the Administrative Agent with
respect thereto).
6.    EXECUTION IN COUNTERPARTS. This First Amendment may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed to be an original
and all of which when taken together shall constitute but one and the same
instrument. For purposes of this First Amendment, a counterpart hereof (or
signature page thereto) signed and transmitted by any Person party hereto to the
Administrative Agent (or its counsel) by facsimile machine, telecopier or
electronic mail is to be treated as an original. The signature of such Person
thereon, for purposes hereof, is to be considered as an original signature, and
the counterpart (or signature page thereto) so transmitted is to be considered
to have the same binding effect as an original signature on an original
document.
7.    GOVERNING LAW; BINDING EFFECT. This Amendment shall be governed by, and
construed in accordance with, the law of the state of New York, without
reference to the conflicts of law principles thereof; provided that the
Administrative Agent and each Lender shall retain all rights under federal law.
This Amendment shall be binding upon, and inure to the benefit of, the parties
hereto and their respective successors and assigns.
8.    HEADINGS. Section headings in this First Amendment are included herein for
convenience of reference only and shall not constitute a part of this First
Amendment for any other purpose.
9.    ENTIRE AGREEMENT. The credit agreement, as amended by this First
Amendment, and the other Loan Documents represent the final agreement between
the parties and may not be contradicted by evidence of prior, contemporaneous,
or subsequent oral agreements between the parties. There are no related
unwritten oral agreements between the parties.
[signature pages follow]

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IN WITNESS WHEREOF, this First Amendment is executed as of the date first set
forth above.
TORCHMARK CORPORATION
By:     /s/ W. M. Pressley        
Name: W. Michael Pressley    
Title: Executive Vice President and Chief
Investment Officer             

TMK RE, LTD.
By:     /s/ W. M. Pressley    
Name: W. Michael Pressley    
Title: Executive Vice President and Chief
Investment Officer             

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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WELLS FARGO BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
By:     /s/ K. Hanke    
Name: Karen Hanke    
Title: Managing Director    

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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Regions Bank
By:     /s/ Richard M. Prewitt, Jr.    
Name: Richard M. Prewitt, Jr.    
Title: Senior Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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U.S. BANK NATIONAL ASSOCIATION
By:     /s/ Evan Glass    
Name: Evan Glass    
Title: Senior Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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BRANCH BANKING AND TRUST COMPANY
By:     /s/ Sarah Bryson    
Name: Sarah Bryson    
Title: Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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KEYBANK NATIONAL ASSOCIATION
By:     /s/ James Cribbet    
Name: James Cribbet    
Title: Senior Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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THE NORTHERN TRUST COMPANY
By:     /s/ Peter J. Hallan    
Name: Peter J. Hallan    
Title: Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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COMERICA BANK
By:     /s/ Vontoba Terry    
Name: Vontoba Terry    
Title: Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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COMPASS BANK,
By:     /s/ Mark Haddad    
Name: Mark Haddad    
Title: Vice President    
CHI:2922322.6

[Signature Page to First Amendment to Torchmark Corporation
Amended and Restated Credit Agreement]
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