Common use of EXTRACONTRACTUAL DAMAGES Clause in Contracts

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003-XXXX-P-PLAZ-1 SRe Treaty #1342 2 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE INSURANCE COMPANY SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003-XXXX-PSCOT(ING)-P-PLAZ-1 SRe Treaty #1342 2 1357 3 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE INSURANCE COMPANY SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: _______________________________ Y-MPVUL-2003-SCOT(ING)-P-PLAZ-1 SRe Treaty #1357 3 Amendment #2 to the AUTOMATIC YEARLY RENEWABLE TERM REINSURANCE AGREEMENT EFFECTIVE December 15, 2003 Between PRUCO LIFE INSURANCE COMPANY (THE COMPANY) And SCOTTISH RE (U.S.), INC. (THE REINSURER) The parties hereby agree to the following:

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003-XXXX-P-PLAZ-1 SRe Treaty #1342 2 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. ------------------------------------------------------------ ------------------------------------------------------- PRUCO LIFE INSURANCE COMPANY SCOTTISH RE (U.S.), ) INC. By: :________________________________ By: :______________________________ Title: :_______________________________ Title: :_____________________________ Date:_______________________________ Date: :_____________________________ Date: By:________________________________ By: ____________________________ By: :______________________________ Title: :_______________________________ Title: :_____________________________ Date:_______________________________ Date: :_____________________________ Date----------------------------------------------------------- -------------------------------------------------------- Amendment #3 to the AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM REINSURANCE AGREEMENT EFFECTIVE December 15, 2003 Between PRUCO LIFE INSURANCE COMPANY (THE COMPANY) And SCOTTISH RE (U.S.), INC. (THE REINSURER) The parties hereby agree to the following: ______________________________Section 28, CONFIDENTIALITY, shall be replaced by the following:

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003PS3-2005-XXXX-P-PLAZ-1 XXXX-1 SRe Treaty #1342 1340 2 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE THE PRUDENTIAL INSURANCE COMPANY OF AMERICA SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003UL/VUL II-2003-XXXX-P-PLAZ-1 PLNJ-6 SRe Treaty #1342 1181 2 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE THE PRUDENTIAL INSURANCE COMPANY OF AMERICA SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: _______________________________ Y-UL/VUL II-2003-XXXX-PLNJ-6 SRe Treaty #1181 3

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003UL/VUL II-2003-XXXX-P-PLAZ-1 PLAZ-6 SRe Treaty #1342 1171 2 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE THE PRUDENTIAL INSURANCE COMPANY OF AMERICA SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: _______________________________ Y-UL/VUL II-2003-XXXX-PLAZ-6 SRe Treaty #1171 3

EXTRACONTRACTUAL DAMAGES. In no event will THE REINSURER participate in extra-contractual damages or penalties that are awarded against THE COMPANY as a result of an act, omission or course of conduct committed by THE COMPANY in connection with the reinsurance or a claim covered under this Agreement. The parties recognize that circumstances may arise in which equity would require THE REINSURER, to the extent permitted by law, to share proportionately in certain assessed damages. Such circumstances are difficult to define in advance, but would generally be those situations in which THE REINSURER was an active party and agreed in writing with the act or course of conduct of THE COMPANY that ultimately resulted in the assessment of damages. If, however, extra-contractual damages are awarded solely or partly as a result of THE COMPANY having contested the claim, and THE REINSURER had agreed to participate in that contest, then THE REINSURER will reimburse THE COMPANY for its share of the portion of the damages awarded as a result of THE COMPANY having contested the claim. The Reinsurer will not be responsible for reimbursing THE COMPANY for the portion of the damages awarded for any other reason. When the damages awarded are shared, THE COMPANY and THE REINSURER would share such damages assessed in equitable proportions. Y-MPVUL-2003-XXXXSCOT(ING)-M-P-PLAZ-1 PLAZ-2 SRe Treaty #1342 2 1358 1 In witness of the above, THE COMPANY and THE REINSURER have by their respective officers executed and delivered this Agreement in duplicate on the dates indicated below, with an effective date of April 11, 2005. PRUCO LIFE INSURANCE COMPANY SCOTTISH RE (U.S.), INC. By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: ______________________________ By: ____________________________ By: ______________________________ Title: ____________________________ Title: ______________________________ Date: ____________________________ Date: _______________________________ Y-MPVUL-2003-SCOT(ING)-M-PLAZ-2 SRe Treaty #1358 1