Common use of Securities Legend Clause in Contracts

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 2011 Incentive 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, 000 Xxxxxxxxx Xxxxxxx, Xxxxx 000, Xxxxxx, Xxxxxxx 00000.”

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 2011 Incentive 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, 000 Xxxxxxxxx Xxxxxxx, Xxxxx 000, Xxxxxx, Xxxxxxx 00000Alabama 35244.”

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 2011 Incentive 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, 000 Xxxxxxxxx Xxxxxxx0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, XxxxxxXxxxxxxxxx, Xxxxxxx 00000.”

Securities Legend. The Executive understands that the Committee Board 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 2011 Incentive 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, 000 Xxxxxxxxx Xxxxxxx0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, XxxxxxXxxxxxxxxx, Xxxxxxx 00000.”