| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| 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 |
| the Securities Exchange Act of 1934 |
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| Date of Report (Date of Earliest Event Reported) March 25, 2011 |
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| NATIONAL WESTERN LIFE INSURANCE COMPANY |
| (Exact Name of Registrant as Specified in Its Charter) |
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| COLORADO | 84-0467208 |
| (State or Other Jurisdiction of Incorporation) | (I.R.S. Employer Identification Number) |
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| 2-17039 |
| (Commission File Number) |
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| 850 EAST ANDERSON LANE, AUSTIN, TEXAS | 78752-1602 |
| (Address of Principal Executive Offices) | (Zip code) |
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| (512) 836-1010 |
| (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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| [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| (17 CFR 240.14d-2(b)) |
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| [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
| (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement
National Western Life Insurance Company (the “Company”) had been involved in litigation as the plaintiff in a matter pending in the United States District Court for the Western District of Texas (“District Court”) against defendant, Western National Life Insurance Company and its parent company, AGC Life Insurance Company. The matter dealt with the alleged infringement of registered trademarks held by the Company.
On March 25, 2011, the parties executed a Memorandum of Understanding on Settlement (“Memorandum”) under which the Company is to receive a settlement payment of $4 million no later than June 30, 2011. The Memorandum also outlines corrective measures to be followed by the parties. The Memorandum requires notification to the District Court of the settlement and calls for the parties to agree upon a final written confidential settlement agreement containing the essential terms outlined in the Memorandum.
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.
| | | NATIONAL WESTERN LIFE INSURANCE COMPANY |
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| Date: March 30, 2011 | By: | /S/ Brian M. Pribyl |
| | | Brian M. Pribyl |
| | | Senior Vice President |
| | | Chief Financial Officer and Treasurer |
