National Western Life Group, Inc. Sample Contracts

Change in Control Agreement
Control Agreement • March 6th, 2019 • National Western Life Group, Inc. • Life insurance • Texas

This Change in Control Agreement, dated as of February 28, 2019, is entered into between and among National Western Life Insurance Company, a Colorado corporation (“NWLIC”), National Western Life Group, Inc., a Delaware corporation (“NWLGI”), collectively referred to as (“NWL”), and Kitty K. Nelson (the “Executive”).

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Change in Control & Severance Agreement
Severance Agreement • December 14th, 2023 • National Western Life Group, Inc. • Life insurance • Texas

THIS CHANGE IN CONTROL & SEVERANCE AGREEMENT, dated as of December 14, 2023 (this “Agreement”), is entered into between and among National Western Life Insurance Company, a Colorado corporation (“NWLIC”), National Western Life Group, Inc., a Delaware corporation (“NWLGI” and together with NWLIC, “NWL”), and Ross R. Moody (the “Executive”).

FUNDS WITHHELD COINSURANCE AGREEMENT between NATIONAL WESTERN LIFE INSURANCE COMPANY and ASPIDA LIFE RE LTD. dated July 27, 2022
Funds Withheld Coinsurance Agreement • August 1st, 2022 • National Western Life Group, Inc. • Life insurance

This FUNDS WITHHELD COINSURANCE AGREEMENT (this “Agreement”), dated July 27, 2022 (the “Closing Date”), is made by and between National Western Life Insurance Company, an insurance company organized under the Laws of the State of Colorado (the “Ceding Company”), and Aspida Life Re Ltd., a reinsurance company organized under the Laws of Bermuda (the “Reinsurer”).

FORM OF VOTING AND SUPPORT AGREEMENT
Voting and Support Agreement • October 10th, 2023 • National Western Life Group, Inc. • Life insurance • Delaware

This VOTING AND SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of October 8, 2023, by and among [●][Moody National Bank, solely in its capacity as sole trustee]1 (the “Stockholder”) [of the Robert L. Moody Revocable Trust (the “Trust”)]2 and S. USA Life Insurance Company, Inc., an Arizona insurance company (“Parent”). The parties to this Agreement are sometimes referred to herein collectively as the “parties,” and individually as a “party.” [The term “Stockholder” means Moody National Bank, solely in its capacity as sole trustee of the Trust, and does not mean Moody National Bank, individually or in any other capacity.]3

AGREEMENT AND PLAN OF MERGER dated as of October 8, 2023 by and among S. USA LIFE INSURANCE COMPANY, INC., PGH MERGER INC. and NATIONAL WESTERN LIFE GROUP, INC.
Agreement and Plan of Merger • October 10th, 2023 • National Western Life Group, Inc. • Life insurance • Delaware

THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of October 8, 2023 is by and among S. USA LIFE INSURANCE COMPANY, INC., an insurance company formed under the laws of Arizona (“Parent”), PGH MERGER INC., a Delaware corporation and a direct wholly-owned Subsidiary of Parent (“Merger Sub”), and NATIONAL WESTERN LIFE GROUP, INC., a Delaware corporation (the “Company”). Each of Parent, Merger Sub and the Company is sometimes referred to individually as a “Party” and collectively as the “Parties.”

STOCK PURCHASE AGREEMENT BETWEEN CNS CORPORATION AND NATIONAL WESTERN LIFE INSURANCE COMPANY DATED AS OF OCTOBER 3, 2018
Stock Purchase Agreement • October 4th, 2018 • National Western Life Group, Inc. • Life insurance • Delaware

THIS STOCK PURCHASE AGREEMENT is dated October 3, 2018 (this “Agreement”) among CNS Corporation, a Missouri corporation (“Seller”), and National Western Life Insurance Company, a Colorado stock life insurance company (the “Buyer”).

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