Common use of INFORMATION REQUESTED BY BOARD OF DIRECTORS Clause in Contracts

INFORMATION REQUESTED BY BOARD OF DIRECTORS. LIFE COMPANIES and the Variable Funds (or their investment adviser) will at least annually submit to the Boards of Directors of the Variable Funds such reports, materials or data as the Boards of Directors may reasonably request so that the Boards of Directors may fully carry out the obligations imposed upon it by the provisions hereof or the Exemptive Orders permitting Mixed and Shared Funding, and said reports, materials and data will be submitted at any reasonable time deemed appropriate by the Boards of Directors. All reports received by the Boards of Directors of potential or existing conflicts, and all Boards of Directors actions with regard to determining the existence of a conflict, notifying Participating Insurance Companies and Participating Plans of a conflict, and determining whether any proposed action adequately remedies a conflict, will be properly recorded in the minutes of the affected Board of Directors or other appropriate records, and such minutes or other records will be made available to the SEC upon request.

INFORMATION REQUESTED BY BOARD OF DIRECTORS. LIFE COMPANIES INSURER and the Variable Funds SMFI (or their its investment adviser) will at least annually submit to the Boards Board of Directors of the Variable Funds SMFI such reports, materials or data as the Boards Board of Directors may reasonably request so that the Boards Board of Directors may fully carry out the obligations imposed upon it by the provisions hereof or any exemptive order granted by the Exemptive Orders permitting SEC to permit Mixed and Shared Funding, and said reports, materials and data will be submitted at any reasonable time deemed appropriate by the Boards Board of Directors. All reports received by the Boards Board of Directors of potential or existing conflicts, and all Boards Board of Directors actions with regard to determining the existence of a conflict, notifying Participating Insurance Companies and Participating Plans of a conflict, and determining whether any proposed action adequately remedies a conflict, will be properly recorded in the minutes of the affected Board of Directors or other appropriate records, and such minutes or other records will be made available to the SEC upon request.

INFORMATION REQUESTED BY BOARD OF DIRECTORS. LIFE COMPANIES COMPANY and the Variable Funds PREMIUM FUND (or their investment adviserADVISER) will at least annually submit to the Boards Board of Directors of the Variable Funds PREMIUM FUND such reports, materials or data as the Boards Board of Directors may reasonably request so that the Boards Board of Directors may fully carry out the obligations imposed upon it by the provisions hereof or any exemptive order granted by the Exemptive Orders permitting SEC to permit Mixed and Shared Funding, and said reports, materials and data will be submitted at any reasonable time deemed appropriate by the Boards Board of Directors. All reports received by the Boards Board of Directors of potential or existing conflicts, and all Boards Board of Directors actions with regard to determining the existence of a conflict, notifying Participating Insurance Companies and Participating Plans of a conflict, and determining whether any proposed action adequately remedies a conflict, will be properly recorded in the minutes of the affected Board of Directors or other appropriate records, and such minutes or other records will be made available to the SEC upon request.

INFORMATION REQUESTED BY BOARD OF DIRECTORS. LIFE COMPANIES Company and the Variable Funds FAIP (or their its investment adviser) will at least annually submit to the Boards Board of Directors of the Variable Funds FAIP such reports, materials or data as the Boards Board of Directors may reasonably request so that the Boards Board of Directors may fully carry out the obligations imposed upon it by the provisions hereof or any exemptive order granted by the Exemptive Orders permitting SEC to permit Mixed and Shared Funding, and said reports, materials and data will be submitted at any reasonable time deemed appropriate by the Boards Board of Directors. All reports received by the Boards Board of Directors of potential or existing conflicts, and all Boards Board of Directors actions with regard to determining the existence of a conflict, notifying Participating Insurance Companies and Participating Plans of a conflict, and determining whether any proposed action adequately remedies a conflict, will be properly recorded in the minutes of the affected Board of Directors or other appropriate records, and such minutes or other records will be made available to the SEC upon request.