TERMINATION AND RELEASE AGREEMENTTermination and Release Agreement • December 17th, 2018 • Protective Life Insurance Co • Life insurance • Alabama
This TERMINATION AND RELEASE AGREEMENT is entered into as of December 11, 2018 (as amended, modified, extended, supplemented, restated and/or replaced from time to time, this “Termination Agreement”) and is by and among PROTECTIVE LIFE INSURANCE COMPANY, a Tennessee corporation (the “Lessee”); PROTECTIVE LIFE CORPORATION, a Delaware corporation (the “Guarantor”); WACHOVIA DEVELOPMENT CORPORATION (the “Lessor”); WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), SUNTRUST BANK (“SunTrust”) and CITIBANK, N.A. (“CitiBank”; Wells Fargo, SunTrust and CitiBank may be referred to individually, as a “Lease Participant”, and collectively, as the “Lease Participants”); and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (“Wells Fargo”), as administrative agent for the Lessor and the Lease Participants (in such capacity, the “Administrative Agent” and together with Lessor and Lease Participants, the “Financing Parties”).
