Common use of Investment Management Committee Clause in Contracts

Investment Management Committee. The parties shall form an Investment Management Committee consisting of one (1) member each from the Reinsured and the Reinsurer. The Reinsured shall provide the Reinsurer copies of its investment policies and crediting rate strategies. The Reinsurer shall provide the Reinsured its investment policies. If either party changes its investment policies or crediting rate strategies, it shall promptly provide the other party a copy of such changes. The purpose and function of the Investment Management Committee shall be to recommend crediting rates to the Reinsured for approval in accordance with the provision set forth in Exhibit C, Guidelines for Crediting Rates.

Appears in 4 contracts

Samples: Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va U), Wma Total Quota Share (Wma Corp)

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