PRESIDENTIAL LIFE CORP FILES (8-K/A) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 28, 2011, Presidential Life Insurance Company (the "Insurance Company") executed retention agreements in the event of a change in control in Presidential Life Corp. (the "Company") with: (a) Mitchell R. Anderson, Senior Vice President and Chief Marketing Officer of the Insurance Company, (b) Jay Matalon, Vice President and Chief Accounting Officer of the Insurance Company and the Company, and (c) Duncan Szeto, Vice President and Chief Actuary of the Insurance Company.

The above description is qualified in its entirety by reference to the terms of the retention agreements attached as Exhibits 10.4, 10.5 and 10.6.

Item 9.01 Financial Statement and Exhibits

   Exhibit Number Description   

10.4 Retention Agreement with Mitchell R. Anderson

10.5 Retention Agreement with Jay Matalon

10.6 Retention Agreement with Duncan Szeto

     2