Document:

EX-10.4

 Exhibit 10.4 
 STATE OF TEXAS 
 COLLIN COUNTY 

AMENDMENT 
 To

 RESTRICTED STOCK AWARD AGREEMENT 
 This Amendment entered into this 29th day of May, 2013, to that Restricted Stock Award Agreement of April 28, 2011, by and between Torchmark Corporation (the “Company”), a Delaware corporation and Mark S. McAndrew (the
“Executive”), an individual. 
 WITNESSETH: 
 WHEREAS, under the terms of the Torchmark Corporation 2011 Incentive Plan (the “Plan”), the Compensation Committee (the ‘Committee”) of the Board of Directors (the “Board”)
of the Company awarded Executive 18,000 shares (adjusted to 27,000 shares in 3-for-2 stock split of July 2011) of restricted common stock (the “Restricted Stock”) pursuant to a Restricted Stock Award Agreement entered into April 28,
2011 (the “Agreement”), which vested ratably over five years on the anniversary of the original award date, commencing April 28, 2012 and ending April 28, 2016; 

WHEREAS, the Agreement provides that if Executive’s employment with the Company or any of its subsidiaries terminates by reason of
retirement at or after age 60, 10% of any shares covered by the remaining Restricted Stock not already vested shall vest in full as of Executive’s retirement date and the remaining 90% of such shares will be forfeited to the Company as of the
Executive’s retirement date; 
 WHEREAS, on April 8, 2013, Executive and the Company executed a Consent and
Acknowledgement of Amendment to Non-Qualified Stock Option Grant Agreement, providing that 70,000 of the non-qualified stock options awarded to Executive on February 22, 2012 (the “Excess Options”) were void ab initio since
they exceeded the award limits within a twelve month period under the Torchmark Corporation 2011 Incentive Plan; 

 WHEREAS, after review and deliberation, the Committee and the Board have determined that it
is desirable to make Executive whole for the compensation foregone as a result of voiding the Excess Options; 
 WHEREAS,
Executive has indicated his intention to retire from employment with the Company on his sixtieth birthday; and 
 WHEREAS, after
further review and deliberation, the Committee has determined that it is desirable that the Agreement be amended, as permitted by its terms, to provide that the remaining 90% of the Restricted Stock covered by the Agreement which shall not have been
vested at Executive’s retirement date and which would otherwise be forfeited to the Company shall not be forfeited upon Executive’s retirement but 4,860 shares thereof shall vest in full on each of April 28, 2014, April 28,
2015 and April 28, 2016, conditioned upon Executive’s compliance with the noncompetition/ confidentiality/nonsolicitation provisions contained in this Amendment on April 28, 2014, April 28, 2015 and April 28, 2016,
respectively; 
 NOW, THEREFORE, in consideration of the premises and the aforementioned
noncompetition/confidentiality/nonsolicitation provisions, the parties hereto agree to amend the Agreement as follows: 
  

	 	1.	Section 2. Restrictions. is amended to read as follows: 

2. Restrictions. Subject to the provisions of Section 3. Employment Termination., 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 or eligible for continued vesting on the Vesting Date: 

 

			
	 VESTING DATE
	  	 SHARES VESTED

	 April 28, 2012
	  	3,600
	 April 28, 2013
	  	3,600
	 April 28, 2014
	  	3.600
	 April 28, 2015
	  	3,600
	 April 28, 2016
	  	3,600

 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 Section 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. 

 

	 	2.	Section 3. Employment Termination is amended to read as follows: 

 3. Employment Termination. If the Executive shall die prior to full vesting of all of the shares covered by the Restricted Stock, to the extent not already vested, such Restricted Stock shall vest
in full as of the date of such death. If the Executive’s employment with the Company or any of its subsidiaries terminates by reason of retirement at or after age 60, 90% of any unvested shares of Restricted Stock shall vest in full as of the
Executive’s retirement date. If Executive’s employment with the Company or any of its subsidiaries terminates by reason of retirement at or after age 60, the remaining 90% of any unvested shares of Restricted Stock (the Continuing Vested
Shares”) shall continue to vest in accordance with the Vesting Dates in Section 2 provided that Executive complies with Section 4. Noncompetition/Confidentiality/Nonsolicitation. 

 

	 	3.	A new Section 4. Noncompetition/Confidentiality/Nonsolicitation. is added as follows: 

4. Noncompetition/Confidentiality/Nonsolicitation. Upon Executive’s separation from employment from the Company for any
reason for a period of three (3) years from the date of such separation, Executive agrees not to engage or participate, directly or indirectly, in any capacity, including but not limited to as an employee, consultant,

 
advisor, contractor, partner, owner or otherwise, in a competing business, which is one that provides the same or substantially similar products or services as the Business. “Business”
is defined as product development, marketing, sales and servicing of life and health insurance products including individual and group life insurance and accidental death insurance, supplemental health insurance products including cancer, critical
illness, hospital indemnity along with Medicare supplement and Medicare Part D prescription drug coverage through captive agents, independent agents and direct response marketing channels in the United States, Canada, New Zealand and Ireland
(referred to herein as the “Business”). Executive further agrees that he will not serve as a Board member for any company that provides the same or similar products or services as the Business. Executive also agrees and understands that
this noncompetition agreement extends to competition in any state in which Executive worked or directed work for the Company or in which the Company has plans or intentions for future business operations and includes the territories identified in
the definition “Business” (provided Executive had knowledge of these plans) (referred to as the “Restricted Area”). 
 Executive acknowledges that the Restricted Area, scope of prohibited activities, and the three (3) year time period are reasonable and are no broader than are necessary to protect Company’s
legitimate business interests. Executive also acknowledges that the Company would not be providing the benefits set forth in this Agreement but for Executive’s covenants and promises contained in this Section. Executive further agrees that
during the non-competition term, Executive shall immediately notify the Company in writing of any employment, work, or business he undertakes with or on behalf of any person (including himself) or entity other than the Company. 

Executive further expressly agrees and understands that the Company has disclosed confidential information to Executive.
Executive agrees that he will not utilize nor disclose to any third party any of the Company’s confidential and proprietary information at any time in the future. In consideration of the Company disclosing confidential information to Executive
and/or for the consideration provided to Executive by the Company in this Agreement, which Executive acknowledges is sufficient and reasonable consideration, Executive has agreed to the non-competition provisions set forth herein. 

 Executive also agrees that for a period of two (2) years following the
separation of his employment with the Company for any reason he will not solicit the clients or customers of the Company in order to request or advise such clients or customers to end, change or curtail their business relationship with the Company.
In addition, Executive agrees that for a period of two (2) years following the separation of his employment for any reason, he will not solicit any employee of the Company in order to request or advise any such employee to end, change or
curtail their employment relationship with the Company. 
 If for any reason any court of competent jurisdiction
finds any provision of this Section to be unreasonable in duration or scope or otherwise, Company and Executive agree that the restrictions and prohibitions contained in this Section shall be effective to the fullest extent allowed under applicable
law. Each covenant set forth in this Section shall survive the termination of this Agreement and Executive’s employment for any reason and shall be construed as an agreement independent of any other provision of this Agreement. 

Executive acknowledges and agrees that the covenants, obligations and agreements of Executive contained in this Section
concern special, unique and extraordinary matters and that a violation of any of the terms of these covenants, obligations or agreements will cause Company irreparable injury for which adequate remedies at law are not available. Therefore, Executive
agrees that Company will be entitled to an injunction, restraining order, or any other equitable relief (without the requirement to post bond) as a court of competent jurisdiction may deem necessary or appropriate to restrain Executive from
committing any violation of the covenants, obligations or agreements referred to in this Agreement. These injunctive remedies are cumulative and in addition to any other rights and remedies Company may have against Executive. 

In addition, Executive agrees that if he violates the terms of this Section or if the terms of this Section are
determined to be unenforceable by any court of competent jurisdiction, Executive shall forfeit and not be entitled to receive the Continuing Vesting Shares herein. 

 
The Company shall be relieved from any obligation to provide Executive with the Continuing Vesting Shares and this Agreement shall be void and of no further force or effect if this Section is
breached or found to be unenforceable. If Executive has already received the Continuing Vesting Shares, Executive agrees that he shall repay the Company the value of the Continued Vesting Shares on the date it was received by Executive upon five
(5) days written notice. 
  

	 	4.	Sections 4 through 15 of the Agreement are renumbered as Sections 5 through 16, respectively. 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day first above written. 

 

			
	TORCHMARK CORPORATION
		
	By:	 	/s/ Gary L. Coleman
	Its:	 	Authorized Officer
		
		 	/s/ Mark S. McAndrew
		 	ExecutiveEX-4.2

 Exhibit 4.2 

 

							
	 

	

	 	250 Royall Street, Suite V	 	
	 	Canton MA 02021	 	
	 	Information Agent:	 	
	 	Georgeson	 	
	 	Telephone 800 509 0976	 	
	 	

	 	
	 	Primary Subscription Rights	  	12345678901234

  
  
 SIMON WORLDWIDE, INC. SUBSCRIPTION RIGHTS CERTIFICATE AND ELECTION FORM 
  

THIS SUBSCRIPTION RIGHTS OFFERING EXPIRES AT 5:00 P.M., EASTERN TIME, ON [—], 2013, UNLESS
THE EXERCISE PERIOD IS EXTENDED BY SIMON WORLDWIDE, INC. IN ITS SOLE DISCRETION (SUCH DATE AND TIME, AS IT MAY BE EXTENDED, THE “EXPIRATION DATE”). 
 Simon Worldwide, Inc. (“Simon”) has distributed, at no charge, to each holder of record of its common stock (each an “Eligible Holder”) as of 5:00 p.m. on [—], 2013 (the “Record Date”), one non-transferable right for each whole share of common stock owned by such Eligible Holder on the Record Date. The rights entitle each Eligible Holder to acquire,
at the subscription price of $[—] per full share, 0.[—] shares of common stock of Simon for every 1 right held (the “Subscription Rights”).
Each Subscription Right entitles any Eligible Holder who exercises its basic subscription right in full to subscribe, prior to the Expiration Date, for additional shares of Simon common stock at a subscription price of $[—] per full share to the extent that any shares are not purchased by other Eligible Holders under their basic subscription rights as of the Expiration Date or to the extent Simon decides to increase the
size of the offering (the “Over-subscription Privilege”). The terms and conditions of the Subscription Rights offering are set forth in Simon’s Prospectus dated [—], 2013 (as it may be
amended or supplemented, the “Prospectus”), which is incorporated into this Subscription Rights Certificate and Election Form (“Rights Certificate”) by reference. Capitalized terms used but not defined herein have the meanings
set forth in the Prospectus. The owner of this certificate is entitled to the number of basic Subscription Rights shown on this Rights Certificate. 
 SUBSCRIPTION PRICE 
 The subscription price for the Subscription Rights and the
Over-subscription Privilege is $[—] per full share. Fractional shares or cash in lieu of fractional shares will not be issued. Instead, fractional shares resulting from the exercise of Subscription
Rights will be eliminated by rounding down to the nearest whole share. For example, if you owned [—] shares of Simon common stock on the record date, you would receive [—] basic subscription rights to purchase [—] shares of Simon common stock for $[—] per share. 

METHOD OF EXERCISE OF RIGHTS 
 IN ORDER TO EXERCISE YOUR SUBSCRIPTION RIGHTS, YOU MUST PROPERLY COMPLETE AND SIGN THIS RIGHTS CERTIFICATE ON THE BACK AND BELOW AND RETURN IT IN THE ENVELOPE PROVIDED TO COMPUTERSHARE TRUST COMPANY,
N.A., TOGETHER WITH PAYMENT IN FULL FOR AN AMOUNT EQUAL TO THE APPLICABLE SUBSCRIPTION PRICE MULTIPLIED BY THE TOTAL NUMBER OF SHARES OF COMMON STOCK THAT YOU ARE REQUESTING TO PURCHASE TO THE SUBSCRIPTION AGENT, COMPUTERSHARE TRUST COMPANY, N.A.,
BEFORE 5:00 P.M. EASTERN TIME, ON [—], 2013. 
  

													
	Holder ID	  	COY	  	 	Class	  	  	Rights Qty Issued	  	Rights Cert #	  	
	123456789	  	XXXX	  	 	Subscription Rights	  	  	XXX.XXXXXX	  	12345678	  	

  

									
	Signature of Owner and U.S. Person for Tax Certification	  		 	Signature of Co-Owner (if more than one registered holder listed)	  		 	Date (mm/dd/yyyy)
	 		 		 
	 	  		 	 	  		 	 

  
 

 

 Full payment of the subscription price for each share of common stock you wish to purchase must be made in
U.S. dollars by (1) a certified check, cashier’s check or bank draft drawn upon a U.S. bank, (2) a U.S. postal or express money order, or (3) a personal check that clears by the Expiration Date, in each case payable to
“Computershare Trust Company, N.A. acting as Subscription Agent for Simon Worldwide, Inc.” and delivered in accordance with the “INSTRUCTIONS FOR USE OF SIMON WORLDWIDE, INC. SUBSCRIPTION RIGHTS CERTIFICATE AND ELECTION
FORM” that accompanied the mailing of the Prospectus. You cannot revoke any exercises made pursuant to this Rights Certificate. 
 The
method of delivery of this Rights Certificate and the payment for the shares of common stock subscribed for hereunder are at the election and risk of the Eligible Holder, but if sent by mail it is recommended that the Rights Certificate and payment
be sent by registered mail, properly insured, with return receipt requested, and that a sufficient number of days be allowed to ensure delivery to the Subscription Agent and clearance of payment prior to 5:00 p.m., Eastern Time on the Expiration
Date. Because uncertified personal checks may take at least five business days to clear, you are strongly urged to pay, or arrange for payment, by means of certified or cashier’s check, bank draft or money order. 

Payments of the subscription price for the shares of common stock subscribed for will be distributed to Simon no later than the next business day
following the Expiration Date, unless Simon terminates the Rights Offering. You will not be paid any interest on funds paid to the Subscription Agent, regardless of whether the funds are applied to the subscription price or returned to you.

  

																									
	PLEASE PRINT ALL INFORMATION
CLEARLY AND LEGIBLY	 	 
	SECTION 1:         OFFERING INSTRUCTIONS (check the appropriate
boxes)	 	 
	 	 
	IF YOU WISH TO SUBSCRIBE FOR YOUR FULL ENTITLEMENT OF SUBSCRIPTION RIGHTS:	 	 
	 										 
	 ̈	 	I apply for ALL of my entitlement of new shares pursuant to the basic subscription	 	  
	 	X 0.[—]	 	=	 	  
	 	X $0.[—]    	 	=	 	    $	 	  
	 	 
	 	 	 	(no. of Subscription Rights)	 	 	 	(no. of new shares, rounded down)	 	    (per share)	 		 		 		 	 
	 						 
	 	 	EXAMPLE: If you own [—] shares of Simon common stock, you will receive
[—] Subscription Rights which will permit you to purchase [—] shares. [[—] Subscription Rights X
0.[—] = [—] shares, with fractional shares rounded down to the nearest whole number].	 		 		 		 		 	 
	 								 
	 ̈	 	In addition, I apply for additional shares pursuant to the Over-subscription Privilege*	 	  
	 	
X $0.[—]    

(per share)
	 	=	 		 	$	 	  
	 	 
	 	 	 	(no. of additional shares)	 	 	 		 		 		 	 
	 	 
	IF YOU WISH TO APPLY FOR LESS THAN YOUR FULL ENTITLEMENT OF SUBSCRIPTION RIGHTS:	 	 
	 								 
	 ̈	 	I apply for the following number of shares pursuant to the basic subscription	 	  
	 	
X $0.[—]    

(per share)
	 	=	 		 	$	 	  
	 	 
	 	 	 	(no. of additional shares)	 	 		 		 		 		 	 
	 									 
	 	 		 		 	Amount of check or money order enclosed  	 		 		 		 	$	 	  
	 	 
	 	 
	IF YOU DO NOT WISH TO EXERCISE YOUR RIGHT TO SUBSCRIBE:	 	 
	Please disregard this mailing.	 	 

																							
	 
	SECTION 2:
        SUBSCRIPTION AUTHORIZATION:
	 
	 I acknowledge that I have
received the Prospectus for this offering of Subscription Rights and I hereby subscribe for the number of shares indicated above on the terms and conditions specified in the Prospectus relating to the basic subscription and the Over-subscription
Privilege in the Subscription Rights offering.

	 						 
	 	  		  	Signature of Subscriber(s)	  		  		  		 	 
	 	  		  		  		 	 
	 	  		  	  
	 	 
	 	  		  	(and address if different than that listed on this Subscription Certificate)	 	 
	 	  		  	  
	 	 
	 	  		  		  		 	 
	 	  		  	  
	 	 
	 								 
	 	  		  	Telephone number (including area code)	  	  
	 		  		  		  		 	 
	 	  	 	  	 	  	 	  	 	 	 	 	 	 	 	  	 	  	 	  	 	 	 

  

	*	You can only participate in the Over-subscription Privilege if you have subscribed for your full entitlement of new shares pursuant to the basic subscription. If
over-subscription requests exceed the number of shares available, we will allocate the available shares among the stockholders exercising the Over-Subscription Privilege in accordance with the procedures set forth in the Prospectus.

 Please complete all applicable information and return to: COMPUTERSHARE TRUST COMPANY, N.A.

 By First Class, Registered or Certified Mail: Computershare Trust Company, N.A., c/o Voluntary Corporate Actions,
P.O. Box 43011, Providence, RI 02940-3011  
 By Express Mail or Overnight Delivery: Computershare Trust Company,
N.A., c/o Voluntary Corporate Actions, 250 Royall Street, Suite V, Canton, MA 02021 
 DELIVERY OF THIS SUBSCRIPTION
CERTIFICATE TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY. 
 Any questions regarding
this Subscription Certificate and Subscription Rights Offering may be directed to the Information Agent, Georgeson Inc. toll free at (800) 509-0976 or, if you are located outside the U.S., (781) 575-3340 (collect).

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