Document:

Form of Restricted Stock Unit Award Notice under Torchmark Corporation

 Exhibit 10.58 
 RESTRICTED STOCK UNIT AWARD NOTICE 
 Non-transferable 
 GRANT TO 
  
  
 (“Grantee”) 

 by Torchmark Corporation (the “Company”) of 
              restricted stock units convertible into shares of its common stock, par value $1.00 per share (the “Units”) 
 pursuant to and subject to the provisions of the Torchmark Corporation Non-Employee Director Compensation Plan, which is a sub-plan of the Torchmark Corporation 2007
Long-Term Compensation Plan (collectively, the “Plans”) and to the terms and conditions set forth on the following page (the “Terms and Conditions”). By accepting the Units, Grantee shall be deemed to have agreed to the terms and
conditions set forth in this Notice and the Plans. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plans. 
 Unless vesting is accelerated in accordance with the Plans, the Shares shall vest in accordance with the following schedule: 
  

			
	 Vesting Date
	  	Percent of Shares Vested
	 Six (6) months after Grant Date
	  	100%

 IN WITNESS WHEREOF, Torchmark Corporation, acting by and through its duly authorized officers, has caused this
Notice to be duly executed as of the Grant Date, as indicated below. 
  

									
	 TORCHMARK CORPORATION
	 		 		 	
					
	 By:
	 	  
	 		 	Grant Date:	 	  

 TERMS AND CONDITIONS 
 1.
Vesting of Units. The Units have been credited to a bookkeeping account on behalf of Grantee. The Units will vest and become non-forfeitable on the earliest to occur of the following (the “Vesting Date”): 
  

	 	(a)	as to all of the Units, on the six (6) month anniversary of the Grant Date, or 

  

	 	(b)	the termination of Grantee’s service as a director of the Company by reason of his or her death or Disability, or 

  

	 	(c)	the effective date of a Change in Control. 

 If Grantee’s service as
a director of the Company terminates prior to the Vesting Date for any reason other than as described in (b) above, Grantee shall forfeit all right, title and interest in and to the Units as of the date of such termination and the Units will be
reconveyed to the Company without further consideration or any act or action by Grantee. 
 2. Conversion to Stock. Unless the Units are forfeited
prior to the Vesting Date as provided in section 1 above, the Units will be converted to actual shares of Stock on the date of termination of Grantee’s service as a director of the Company for any reason. Shares of Stock will be registered on
the books of the Company in Grantee’s name as of the date of conversion and delivered to Grantee as soon as practical thereafter, in certificated or uncertificated form, as Grantee shall direct. 
 3. Dividend Equivalents. If and when dividends or other distributions are paid with respect to the Stock while the Units are outstanding, the dollar amount or
fair market value of such dividends or distributions with respect to the number of shares of Stock then underlying the Units shall be converted into additional Units in Grantee’s name, based on the Fair Market Value of the Stock as of the date
such dividends or distributions were payable, and such additional Units shall fully vested as of such date. 
 4. Restrictions on Transfer and Pledge.
No right or interest of Grantee in the Units may be pledged, hypothecated or otherwise encumbered to or in favor of any party other than the Company or an Affiliate, or be subjected to any lien, obligation or liability of Grantee to any other party
other than the Company or an Affiliate. Units are not assignable or transferable by Grantee other than by will or the laws of descent and distribution; but the Committee may permit other transfers in accordance with the Plans. 
 5. Limitation of Rights. The Units do not confer to Grantee or Grantee’s beneficiary any rights of a stockholder of the Company unless and until shares of
Stock are in fact issued to such person in connection with the Units. Nothing in this Notice shall interfere with or limit in any way the right of the Company or any Affiliate to terminate Grantee’s service at any time, nor confer upon Grantee
any right to continue in the service of the Company or any Affiliate. 
 6. Amendment. The Committee may amend, modify or terminate this Notice
without approval of Grantee; provided, however, that such amendment, modification or termination shall not, without Grantee’s consent, reduce or diminish the value of this award in any way. Notwithstanding anything herein to the contrary, the
Committee may, without Grantee’s consent, amend or interpret this Certificate to the extent necessary to comply with Section 409A of the Code and Treasury regulations and guidance with respect to such law. 
 7. Plans Control. The terms contained in the Plans shall be and are hereby incorporated into and made a part of this Notice and this Notice shall be governed by
and construed in accordance with the Plans. In the event of any actual or alleged conflict between the provisions of the approved Plans and the provisions of this Notice, the provisions of the Plans shall be controlling and determinative.

 8. Successors. This Notice shall be binding upon any successor of the Company, in accordance with the terms of this Notice and the Plans.

 9. Severability. If any one or more of the provisions contained in this Notice is invalid, illegal or unenforceable, the other provisions of this
Notice will be construed and enforced as if the invalid, illegal or unenforceable provision had never been included. 
 10. Notice. Notices hereunder
must be in writing and either personally delivered or sent by registered or certified United States mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to Torchmark Corporation, 3700 South Stonebridge Drive,
McKinney, Texas 75070, Attn: Secretary, or any other address designated by the Company in a written notice to Grantee. Notices to Grantee will be directed to the address of Grantee then currently on file with the Company, or at any other address
given by Grantee in a written notice to the Company.Form Restricted Stock Award

 Exhibit 10.59 
  
 STATE OF TEXAS 
  
 COLLIN COUNTY 
  
 RESTRICTED STOCK AWARD 
  
 This
Agreement, entered into this [date], by and between Torchmark Corporation (the “Company”), a Delaware corporation and [Name] (the “Executive”), an individual. 
  
 WITNESSETH: 
  
 WHEREAS, under the terms of the Torchmark Corporation 2007 Long-Term Compensation Plan (the “Plan”), the Compensation
Committee (the “Committee”) of the Board of Directors of the Company is authorized to award shares of common stock of the Company to certain executives of the Company and its subsidiaries, subject to such restrictions and other criteria as
the Committee shall in its sole discretion determine; and 
  
 WHEREAS, the
Committee has determined that it is in the best interest of the Company to grant to the Executive shares of restricted common stock of the Company upon the terms and conditions set forth in this Agreement. 
  
 NOW, THEREFORE, in consideration of the premises, the parties hereto
agree as follows: 
  
 1. Grant of Restricted Stock. Under the terms
of the Plan, the Committee has awarded to the Executive, on [date] (the “Grant Date”) a bonus payable in the form of [number] restricted shares of the Company’s common stock, par value $1.00 per share (the
“Restricted Stock”) subject to the terms, conditions and restrictions set forth in this Agreement. The Restricted Stock shall be issued from common stock reserved and available for distribution under the Plan. 
  
  

 2. Restrictions. The shares covered by the Restricted Stock shall vest in accordance with the schedule set
forth below, provided that the Executive is still employed by the Company or a subsidiary on the Vesting Date: 
  

							
	 	 	VESTING DATE	  	SHARES VESTED	  	 
	 	 	[date]	  	[number]	  	 
	 	 	[date]	  	[number]	  	 
	 	 	[date]	  	[number]	  	 
	 	 	[date]	  	[number]	  	 
	 	 	[date]	  	[number]	  	 

  
 The Committee may, however, in its sole
discretion, provide for the lapse of any of the restrictions placed upon the Restricted Stock and may accelerate or waive any of such restrictions in whole or in part at any time, based upon performance and/or such other factors as the Committee may
determine, in its sole discretion. 
  
 Upon the vesting of any part of the
Restricted Stock by virtue of the lapse of the restriction period set forth above or under Paragraph 3 or 4 of the Agreement, the Company shall deliver a stock certificate covering the requisite number of shares to the Executive, whereupon the
Executive shall be free to hold or dispose of such stock at will. 
  
 During
the restriction period, the shares covered by the Restricted Stock not already vested are not transferable by the Executive by means of sale, assignment, exchange, hypothecation, pledge or other encumbrance. 
  
 The restrictions imposed under this Section 2 shall apply as well to all shares or
other securities which shall be issued in respect of Restricted Stock hereunder in connection with any stock split, reverse stock split, stock dividend, recapitalization, reclassification, spin-off, merger, consolidation, reorganization or other
change in corporate structure affecting the common stock. 
  
 3.
Employment Termination. If the Executive’s employment with the Company or any of its subsidiaries terminates during the restriction period by reason of death or normal retirement as defined in the Plan, the shares covered by the
Restricted Stock, to the extent not already vested, shall vest in full as of the date of such death or date of retirement. If the Executive’s employment with the Company or any 

 
of its subsidiaries terminates by reason of retirement at or after age 60, 75% of any shares covered by the remaining Restricted Stock not already vested shall vest in
full as of the Executive’s retirement date. Termination of the Executive’s employment with the Company for any other reason during the restriction period shall result in forfeiture of all shares covered by this Restricted Stock Award
Agreement which remain subject to restriction on the date of termination, unless the Committee in its sole discretion shall determine otherwise. 
  
 4. Terminating Event. All restrictions remaining on the Restricted Stock shall terminate upon the occurrence of a Terminating Event and the value of all
outstanding Restricted Stock shall, to the extent determined by the Committee at or after grant, be settled on the basis of the “Change of Control Price” as defined in the Plan, subject to the terms and conditions of said Plan. As used
herein, a “Terminating Event” shall be: 

	(a)	The dissolution or liquidation of the Company; 

	(b)	A “Change of Control” of the Company as defined in the Plan, as it may be from time to time amended. 

  
 5. Stock Certificate(s). The stock certificate(s) evidencing the shares covered by the Restricted Stock Award Agreement shall
be registered on the Company’s books in the name of the Executive as of the Grant Date. Physical possession or custody of such stock certificate(s) together with a stock power, endorsed in blank, relating thereto shall be retained by the
Company until such time as the shares of stock are fully vested. While in its possession, the Company reserves the right to place a legend on the stock certificate(s) restricting the transferability of such certificate(s) and referring to the terms
and conditions (including forfeiture) approved by the Committee and applicable to the Restricted Stock. 
  
 During the restriction period, except as otherwise provided below in this paragraph and as provided in Paragraph 2 of this Agreement, the Executive shall be
entitled to all rights of a stockholder of the Company, including the right to vote the shares covered by the Restricted Stock Award Agreement and to receive dividends and/or other distributions declared on such shares. 
  
 6. No Right of Continued Employment. Nothing set forth in this Agreement nor in
any action of the Company or the Committee shall be held or construed to confer upon the Executive any legal right to be continued in the employ of the Company or any of its subsidiaries, which expressly reserve the right to 

 
discharge the Executive at any time, without prior notice, for any or no reason without liability to the Company and its subsidiaries or to the Committee. 

 
 7. Payment of Taxes. Upon issuance of the Restricted Stock hereunder, the
Executive may make an election to be taxed upon such award under Section 83(b) of the Code. The Executive will, no later than the date as of which any amount related to the Restricted Stock first become includable in the Executive’s gross
income for federal income tax purposes, pay to the Company, or make other arrangements satisfactory to the Committee regarding payment of, any federal, state and local taxes of any kind required by law to be withheld with respect to such amount. The
Committee hereby approves the Executive’s surrender to the Company of the number of shares of Restricted Stock from this award necessary to pay the minimum applicable withholding tax obligation. The obligations of the Company under this
Agreement will be conditional on such payment or arrangements, and the Company, and, where applicable, its subsidiary will, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the
Executive. 
  
 8. Impact on Other Benefits. The value of the
Restricted Stock (either on the Grant Date or at the time the shares are vested) shall not be includable as compensation or earnings for purposes of any other benefit plans offered by the Company. 
  
 9. Administration. The Committee shall have full authority and discretion
(subject only to the express terms of the Plan) to decide all matters relating to the administration and interpretation of the Plan and this Agreement. All such Committee determinations shall be final, conclusive and binding upon the Company, the
Executive and any and all interested parties. 
  
 10. Plan Controls.
The terms contained in the Plan are incorporated into and made a part of this Agreement and this Agreement shall be governed by and construed in accordance with the Plan. In the event of any actual or alleged conflict between the provisions of the
Plan and the provisions of this Agreement, the provisions of the Plan shall be controlling and determinative. 
  
 11. Securities Legend. The Executive understands that the Committee may, in its sole discretion, specify that certificates for the Restricted Stock may bear
the following legend and/or be held in the custody of the Company, together with a stock power, endorsed in blank, relating to the Restricted Stock: 
  
  

 “The transferability of this certificate and the shares of stock represented hereby are
subject to the terms and conditions (including forfeiture) of the Torchmark Corporation 2007 Long-Term Compensation Plan and a Restricted Stock Award Agreement entered into between the registered owner and Torchmark Corporation. Copies of such Plan
and Agreement are on file in the offices of Torchmark Corporation, 2001 Third Avenue South, Birmingham, Alabama 35233.” 
  
 12. Governing Law. All questions pertaining to the construction, regulation, validity and effect of the provisions of this Agreement shall be determined in
accordance with the laws of the State of Texas. 

	13.	Amendment. This Agreement may not be amended except in writing, signed by the parties hereto. 

  
 14. Entire Agreement. This Agreement contains the entire agreement and understanding of the parties hereto with respect to the
matters covered hereby. 
  
 15. Severability. In the event that any
provision of this Agreement shall be determined to be invalid or unenforceable for any reason, the remaining provisions of this Agreement shall remain in full force and effect to the fullest extent permitted by law. 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day first
above written. 
  

			
	 TORCHMARK CORPORATION

		
	 By:
	 	 
	Its:	 	Authorized Officer
	
	 
	Executive

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