Common use of Change in Compensation Clause in Contracts

Change in Compensation. Effective as of July 1, 2000, paragraph 3 of the Agreement is amended to change the annual compensation rate from 4 basis points to 5 basis points, by making the following changes: Each place that the figure 0.0004 appears, it is hereby replaced with the figure 0.0005, and each place that the words "four basis points" appear they are hereby replaced with "five basis points".

Appears in 1 contract

Samples: Service Agreement (Variable Annuity Account I of Aetna Insurance Co of America)

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Change in Compensation. Effective as of July January 1, 2000, paragraph 3 of the Agreement is amended to change the annual compensation rate from 4 basis points to 5 basis points, by making the following changes: Each place that the figure 0.0004 appears, it is hereby replaced with the figure 0.0005, and each place that the words "four basis points" appear y they are hereby replaced with "five basis points".

Appears in 1 contract

Samples: Service Agreement (Security Life Separate Account L1)

Change in Compensation. Effective as of July 1, 20001999, paragraph 3 of the Agreement is amended to change the annual compensation rate from 4 __ basis points to 5 __ basis points, by making the following changes: Each place that the figure 0.0004 ______ appears, it is hereby replaced with the figure 0.0005______, and each place that the words "four ____ basis points" appear they are hereby replaced with "five ____ basis points".

Appears in 1 contract

Samples: Service Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)

Change in Compensation. Effective as of July April 1, 20001999, paragraph 3 of the Agreement is amended to change the annual compensation rate from 4 X basis points to 5 X basis points, by making the following changes: Each place that the figure 0.0004 X.XXXX appears, it is hereby replaced with the figure 0.0005X.XXXX, and each place that the words "four XXXX basis points" appear they are hereby replaced with "five XXXX basis points".

Appears in 1 contract

Samples: Reliastar Select Life Variable Account

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Change in Compensation. Effective as of July 1, 2000the date written below, paragraph 3 of the Agreement is amended to change the annual compensation rate from 4 basis points to 5 basis points, by making the following changes: Each place that the figure 0.0004 appears, it is hereby replaced with the figure 0.0005, and each place that the words "four basis points" appear appear, they are hereby replaced with the words "five basis points.".

Appears in 1 contract

Samples: Service Agreement (Separate Account Vl I of Hartford Life Insurance Co)

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