Common use of FINANCIAL AND MANAGEMENT REPORTS Clause in Contracts

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS - Provides periodic reports in accordance - Provides periodic reports in accordance with the Schedule of Reports to be with the Schedule of Reports to be prepared jointly by Nationwide and NAS. prepared jointly by Nationwide and NAS. (See EXHIBIT C) (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS - Receives, establishes, processes, and - Cooperates with Nationwide in the Agent maintains Agent appointment records. appointment process with the broker- dealer firms. ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") and NAS shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three (3) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. b. Whether distribution will be used (e.g., brochure, mailing, 482 ads, etc.).

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS NISC - Provides periodic reports in - Provides periodic reports in accordance - Provides periodic reports in accordance with the Schedule of with the Schedule of Reports to be with the Schedule of Reports to be prepared jointly by Nationwide and NAS. prepared jointly by Nationwide and NASNISC. Nationwide and NISC. (See EXHIBIT C) (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS NISC - Receives, establishes, processes, - Maintains securities registrations and - Cooperates with Nationwide in the Agent and maintains Agent appointment assumes supervisory responsibility for records. appointment process with representatives of affiliated sales and marketing companies involved in the broker- dealer firmswholesale distribution of Nationwide variable contract products. - Maintains training, supervisory, and other required records for and on behalf of registered representatives of NISC. EXHIBIT B ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES NATIONWIDE AND NISC In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS NISC require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS NISC prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") Nationwide and NAS NISC shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three five (35) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS NISC will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be to broker/dealer, entity, participant, etc. c. How the material will be used (e.g., brochure, mailing, 482 adsweb site, etc.) d. The projected date of initial use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. Nationwide will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. Nationwide and NISC will provide written approval for all material to be used. 8. Nationwide will be responsible to effect necessary state filings. 9 NISC will coordinate SEC/NASD filings of sales and promotional material.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS - Provides periodic reports in accordance NISC - Provides periodic reports in accordance with the - Provides periodic reports in accordance with Schedule of Reports to be with prepared jointly by Nationwide the Schedule of Reports to be prepared jointly by Nationwide and NAS. prepared jointly by Nationwide and NASNISC. (See EXHIBIT C) Nationwide and NISC. (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS NISC - Receives, establishes, processes, and maintains - Cooperates with Nationwide in the Agent maintains Maintains securities registrations and Agent appointment records. appointment process with assumes supervisory responsibility for representatives of affiliated sales and marketing companies involved in the broker- dealer firmswholesale distribution of Nationwide variable contract products. - Maintains training, supervisory, and other required records for and on behalf of registered representatives of NISC. EXHIBIT B ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES NATIONWIDE AND NISC In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS NISC require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS NISC prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") Nationwide and NAS NISC shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three five (35) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS NISC will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be to broker/dealer, entity, participant, etc. c. How the material will be used (e.g., brochure, mailing, 482 adsweb site, etc.) d. The projected date of initial use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. Nationwide will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. Nationwide and NISC will provide written approval for all material to be used. ---------------- 8. Nationwide will be responsible to effect necessary state filings. 9 NISC will coordinate SEC/NASD filings of sales and promotional material.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS - Provides periodic reports in accordance NISC - Provides periodic reports in accordance with the Schedule of Reports to be prepared jointly by Nationwide and NISC. (See EXHIBIT C) - Provides periodic reports in accordance with the Schedule of Reports to be prepared jointly by Nationwide and NASNISC. prepared jointly by Nationwide and NAS. (See EXHIBIT C) (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS NISC - Receives, establishes, processes, and - Cooperates with Nationwide in the Agent maintains Agent appointment records. appointment process with - Maintains securities registrations and assumes supervisory responsibility for representatives of affiliated sales and marketing companies involved in the broker- dealer firmswholesale distribution of Nationwide variable contract products. ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES - Maintains training, supervisory, and other required records for and on behalf of registered representatives of NISC. In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS NISC require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS NISC prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") Nationwide and NAS NISC shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three five (35) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS NISC will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be to broker/dealer, entity, participant, etc. c. How the material will be used (e.g., brochure, mailing, 482 adsweb site, etc.) d. The projected date of initial use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. Nationwide will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. Nationwide and NISC will provide written approval for all material to be used. 8. Nationwide will be responsible to effect necessary state filings. 9 NISC will coordinate SEC/NASD filings of sales and promotional material.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS - Provides periodic reports in accordance - Provides periodic reports in accordance with the Schedule of Reports to be accordance with the Schedule of Reports to be prepared jointly Reports to be prepared jointly by Nationwide and NAS. prepared jointly (See by Nationwide and NAS. (See EXHIBIT C) (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS - Receives, establishes, processes, and - Cooperates with Nationwide in processes, and maintains Agent the Agent maintains Agent appointment process appointment records. appointment process with the broker- dealer firms. 14 EXHIBIT B ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") and NAS shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three (3) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be used (e.g., brochure, mailing, 482 ads, etc.). c. How the material will be used (e.g., brochure, mailing, 482 ads, etc.). d. The projected date of initial use and, if a special promotion, the projected date of last use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. OS-FS and NAS will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. OS-FS and NAS will provide written approval for all material to be used. 8. Nationwide and NAS will provide each other with a minimum of 50 copies of all material in final print form to effect necessary state filings.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS - Provides periodic reports in accordance NISC - Provides periodic reports in accordance with the - Provides periodic reports in accordance with Schedule of Reports to be with prepared jointly by Nationwide the Schedule of Reports to be prepared jointly by Nationwide and NAS. prepared jointly by Nationwide and NASNISC. (See EXHIBIT C) Nationwide and NISC. (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS NISC - Receives, establishes, processes, and maintains - Cooperates with Nationwide in the Agent maintains Maintains securities registrations and Agent appointment records. appointment process with assumes supervisory responsibility for representatives of affiliated sales and marketing companies involved in the broker- dealer firmswholesale distribution of Nationwide variable contract products. - Maintains training, supervisory, and other required records for and on behalf of registered representatives of NISC. EXHIBIT B ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES NATIONWIDE AND NISC In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS NISC require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS NISC prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") Nationwide and NAS NISC shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three five (35) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS NISC will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be to broker/dealer, entity, participant, etc. c. How the material will be used (e.g., brochure, mailing, 482 adsweb site, etc.) d. The projected date of initial use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. Nationwide will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. Nationwide and NISC will provide written approval for all material to be used. 8. Nationwide will be responsible to effect necessary state filings. 9 NISC will coordinate SEC/NASD filings of sales and promotional material.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS NISC - Provides periodic reports in accordance - Provides periodic reports in accordance with the Schedule of Reports to be accordance with the Schedule of Reports to be prepared jointly by Nationwide and NAS. Reports to be prepared jointly by Nationwide and NASNISC. (See EXHIBIT C) Nationwide and NISC. (See EXHIBIT C) M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS NISC - Receives, establishes, processes, - Maintains securities registrations and - Cooperates with Nationwide in the Agent maintains Agent appointment and assumes supervisory responsibility records. appointment process with for representatives of affiliated sales and marketing companies involved in the broker- dealer firmswholesale distribution of Nationwide variable contract products. - Maintains training, supervisory, and other required records for and on behalf of registered representatives of NISC. ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES NATIONWIDE AND NISC In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide and NAS NISC require that all variable contract promotional materials be reviewed and approved by both Nationwide and NAS NISC prior to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") Nationwide and NAS NISC shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three five (35) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide and NAS NISC will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be to broker/dealer, entity, participant, etc. c. How the material will be used (e.g., brochure, mailing, 482 adsweb site, etc.). d. The projected date of initial use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. Nationwide will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. Nationwide and NISC will provide written approval for all material to be used. 8. Nationwide will be responsible to effect necessary state filings. 9 NISC will coordinate SEC/NASD filings of sales and promotional material.

FINANCIAL AND MANAGEMENT REPORTS. NATIONWIDE NAS FINANCIAL HORIZONS NFS - Provides periodic reports in accordance - Provides periodic reports in accordance with the reports in accordance Schedule of Reports to be with the Schedule of prepared jointly by Reports to be prepared Financial Horizons and jointly by Nationwide and NAS. prepared jointly by Nationwide and NASFinancial NFS. (See EXHIBIT C) Horizons and NFS. (See EXHIBIT C) 16 M. AGENT LICENSE RECORDKEEPING NATIONWIDE NAS ------------------------------ FINANCIAL HORIZONS NFS - Receives, establishes, - Cooperates with processes, and - Cooperates with Nationwide maintains Financial Horizons in the Agent maintains Agent appointment records. the Agent appointment process with the broker- dealer firms. 17 EXHIBIT B ADVERTISING AND SALES PROMOTION MATERIAL GUIDELINES FOR APPROVAL BY THE OFFICE OF SALES-FINANCIAL SERVICES In order to assure compliance with state and federal regulatory requirements and to maintain control over the distribution of promotional materials dealing with the Products, Nationwide Financial Horizons and NAS NFS require that all ALL variable contract promotional materials be reviewed REVIEWED and approved APPROVED by both Nationwide Financial Horizons and NAS prior NFS PRIOR to their use. These guidelines are intended to provide appropriate regulatory and distribution controls. 1. Sufficient lead time must be allowed in the submission of all promotional material. The Office of Sales-Financial Services ("OS-FS") and NAS NFS shall approve in writing all promotional material. Such approval shall not be unreasonably withheld, and shall be given promptly, normally within three (3) days. 2. All promotional material will be submitted in "draft" form to permit any changes or corrections to be made prior to the printing. 3. Nationwide Financial Horizons and NAS NFS will provide each other with details as to each and every use of all promotional material submitted. Approval for one use will not constitute approval for any other use. Different standards of review may apply when the same advertising material is intended for different uses. The following information will be provided for each item of promotional material: a. In what jurisdiction(s) the material will be used. . b. Whether distribution will be used (e.g., brochure, mailing, 482 ads, etc.). c. How the material will be used (e.g., brochure, mailing, 482 ads, etc.). d. The projected date of initial use and, if a special promotion, the projected date of last use. 4. Each party will advise the other of the date it discontinues the use of any material. 5. Any changes to previously approved promotional material must be resubmitted, following these procedures. When approved material is to be put to a different use, request for approval of the material for the new use must be submitted. 6. OS-FS and NFS will assign a form number to each item of advertising and sales promotional material. This number will appear on each piece of advertising and sales 18 promotional material. It will be used to aid in necessary filings, and to maintain appropriate controls. 7. OS-FS and NFS will provide WRITTEN APPROVAL for all material to be used. 8. Financial Horizons and NFS will provide each other with a minimum of 50 copies of all material in final print form to effect necessary state filings. 9. NFS will coordinate SEC/NASD filings of sales and promotional material. 10. All telephone communication and written correspondence regarding promotional materials should be directed to Marketing Director, Office of Sales-Financial Services, Financial Horizons Life Insurance Company, One Xxxxxxxxxx Xxxxx, Xxxxxxxx, Xxxx 00000 (xxone (614) 249-0000) xx to President, Nationwide Financial Services, Inc., One Xxxxxxxxxx Xxxxx, Xxxxxxxx, Xxxx (xhone (614) 000-0000). 19 EXHIBIT C PRODUCTION REPORTS TO BE PROVIDED Financial Horizons agrees to provide the following reports to NFS: 1. Daily Receipt Report: Indicates which Agents are generating sales. 2. Daily Approval Report: Indicates which applications have been approved.