SEC Contract Filing

Filing Date: 2021-03-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.27
<SEQUENCE>4
<FILENAME>pri-ex1027_334.htm
<DESCRIPTION>EX-10.27
<TEXT>
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pri-ex1027_334.htm
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT 10.27</p>
<p style="margin-bottom:0pt;text-align:center;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">PRIMERICA, INC.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-align:center;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">PERFORMANCE STOCK UNIT</p>
<p style="margin-bottom:24pt;margin-top:0pt;text-align:center;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">AWARD AGREEMENT</p>
<p style="text-align:justify;margin-top:0pt;margin-bottom:12pt;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;text-indent:7.69%;"><font style="font-weight:normal;">Primerica, Inc. (&#8220;</font><font style="text-decoration:underline;font-weight:normal;">Primerica</font><font style="font-weight:normal;">&#8221;) hereby grants to </font><font style="font-style:italic;font-weight:normal;">[NAME]</font><font style="font-weight:normal;"> (the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Participant</font><font style="font-weight:normal;">&#8221;) performance-based Stock Units pursuant to the Primerica, Inc. Second Amended and Restated 2010 Omnibus Incentive Plan (the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Plan</font><font style="font-weight:normal;">&#8221;), subject to the conditions and restrictions detailed below (the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Performance Stock Units</font><font style="font-weight:normal;">&#8221;).&nbsp;&nbsp;Terms applicable to the Performance Stock Units are contained in the Plan and in this Performance Stock Unit Award Agreement (the &#8220;</font><font style="text-decoration:underline;font-weight:normal;">Agreement</font><font style="font-weight:normal;">&#8221;).&nbsp;&nbsp;Capitalized terms not defined herein shall have the meaning assigned to such terms in the Plan.</font></p>
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;text-indent:7.69%;font-weight:bold;font-style:normal;color:#000000;font-size:12pt;font-family:Times New Roman;text-transform:none;font-variant: normal;letter-spacing:0pt;"><font style="Background-color:#auto;text-decoration:none;">1.</font><font style="font-weight:normal;margin-left:36pt;color:#000000;"></font><font style="color:#000000;">Grant of Performance Stock Units</font><font style="font-weight:normal;color:#000000;">.</font></p>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Grant Date:</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">February 26, 2020</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Target Number of Performance Stock Units:</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-style:italic;font-size:12pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">[# UNITS]</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Performance Goals:</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Set forth in <font style="text-decoration:underline;">Exhibit A</font></p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Performance Period:</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Three-year period beginning January 1, 2020 and ending on December 31, 2022</p></td>
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<p style="margin-bottom:9pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vesting Date:</p></td>
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