0001193125-20-204722 Sample Contracts

CHIEF EXECUTIVE OFFICER SEPARATION OF SERVICE AND CONSULTING AGREEMENT
Separation and Consulting Agreement • July 31st, 2020 • Citizens, Inc. • Life insurance • Texas

This CHIEF EXECUTIVE OFFICER SEPARATION OF SERVICE AND CONSULTING AGREEMENT (this “Agreement”) is by and between Citizens, Inc., a Colorado corporation (the “Company”), Geoffrey M. Kolander (“Kolander”), and Enduring Value Consulting, LLC, a Texas limited liability company (“EVC”) (each, a “Party” and together, the “Parties”) and is entered into this 23rd day of July, 2020, to be effective as of the date Kolander notified the Company of his intent to terminate the 2019 Agreement (defined below) (which date, for the avoidance of doubt, is July 29, 2020) (herein, the “Effective Date”).

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