INDEPENDENCE HOLDING COMPANY Stock Option Award Agreement for Agents, Consultants and Advisors Award No. __________Stock Option Award Agreement • May 24th, 2006 • Independence Holding Co • Life insurance • Delaware
You (the “Participant”) are hereby awarded the following stock option (the “Option”) to purchase Shares of Independence Holding Company (the “Company”), subject to the terms and conditions set forth in this Stock Option Award Agreement (the “Award Agreement”) and in the Independence Holding Company 2006 Stock Incentive Plan (the “Plan”), which is attached hereto as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, before exercising this Option.
INDEPENDENCE HOLDING COMPANY Restricted Share Award Agreement for Agents, Consultants and Advisors Award No. __________Restricted Share Award Agreement • May 24th, 2006 • Independence Holding Co • Life insurance • Delaware
You are hereby awarded Restricted Shares subject to the terms and conditions set forth in this Restricted Share Award Agreement (“Award Agreement” or “Award”), and in the Independence Holding Company 2006 Stock Incentive Plan (the “Plan”), which is attached hereto as Exhibit A. You should carefully review these documents, and consult with your personal financial advisor, in order to fully understand the implications of this Award, including your tax alternatives and their consequences.
