0001047469-04-038667 Sample Contracts

PREFERRED SECURITIES GUARANTEE AGREEMENT PLC CAPITAL TRUST VIII Dated as of , 20
Preferred Securities Guarantee Agreement • December 30th, 2004 • Protective Life Corp • Life insurance • New York

This GUARANTEE AGREEMENT (the "Preferred Securities Guarantee"), dated as of , 20 , is executed and delivered by Protective Life Corporation, a Delaware corporation (the "Guarantor"), and Wilmington Trust Company, as trustee (the "Preferred Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Preferred Securities (as defined herein) of PLC Capital Trust VIII, a Delaware statutory business trust (the "Issuer").

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