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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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WASHINGTON, D.C. 20549 |
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FORM 8-K |
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CURRENT REPORT |
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Pursuant to Section 13 or 15(d) of |
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the Securities Exchange Act of 1934 |
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Date of Report (Date of Earliest Event Reported) February 17, 2006 |
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NATIONAL WESTERN LIFE INSURANCE COMPANY |
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(Exact Name of Registrant as Specified in Its Charter) |
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COLORADO |
84-0467208 |
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(State or Other Jurisdiction of Incorporation) |
(I.R.S. Employer Identification Number) |
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2-17039 |
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(Commission File Number) |
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850 EAST ANDERSON LANE, AUSTIN, TEXAS |
78752-1602 |
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(Address of Principal Executive Offices) |
(Zip code) |
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(512) 836-1010 |
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(Registrant's Telephone Number, Including Area Code) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
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(17 CFR 240.14d-2(b)) |
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o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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(17 CFR 240.13e-4(c)) |
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Item 1.01. Entry into a Material Definitive Agreement.
On February 17, 2006 the Board of Directors of National Western Life Insurance Company ("Company") approved the 2006 Executive Officer Bonus Program ("Bonus Program"). This Bonus Program is designed to provide additional compensation based on the Company achieving certain performance and profit criteria to the following "named executive officers" (as defined in Item 402(a)(3) of Regulation S-K):
Chief Executive Officer, Robert L. Moody
President and Chief Operating Officer, Ross R. Moody
Senior Vice President, Chief Financial & Administrative Officer and Treasurer, Brian M. Pribyl
The Bonus Program is in effect for the year ending December 31, 2006 and any amounts will be paid in 2007.
Item 9.01. Financial Statements and Exhibits.
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( d ) Exhibits |
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Exhibit |
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Description |
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10(bg) |
National Western Life Insurance Company 2006 Executive Officer Bonus Program |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NATIONAL WESTERN LIFE INSURANCE COMPANY |
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Date: February 22, 2006 |
By: |
/S/ Brian M. Pribyl |
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Brian M. Pribyl |
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Senior Vice President |
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Chief Financial & Administrative Officer |
EXHIBIT INDEX
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Exhibit |
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Number |
Description |
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10(bg) |
National Western Life Insurance Company 2006 Executive Officer Bonus Program |