Common use of Monitor Clause in Contracts

Monitor. Section 1.1 For so long as Citigroup Inc. or any of its affiliates (“Citigroup”) remains the ultimate controlling company of FRAC, PLICC shall allow FRAC and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRAC, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC shall be referred to herein as a “Monitor”. FRAC shall ensure that a Monitor, in performing his or her duties, shall not disrupt the normal operations of PLICC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC to the extent that doing so would violate applicable law or jeopardize the protection of an attorney-client privilege; provided that, in either circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRAC; provided, however, FRAC shall only reimburse PLICC for any reasonable out-of-pocket costs that PLICC incurs in providing assistance to the Monitor in connection with this Agreement. Section 1.3 Subject to the provisions of Section 2.1, PLICC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC related to the Reinsured Policies and Covered Liabilities.

Monitor. Section 1.1 For so long as Citigroup Inc. or any of its affiliates (“Citigroup”) remains the ultimate controlling company of FRACPrime Re, PLICC PLIC shall allow FRAC Prime Re and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRACPrime Re, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC Prime Re shall be referred to herein as a “Monitor”. FRAC Prime Re shall ensure that a Monitor, in performing his or her 1 Substantially similar agreements will be entered into for the NBLIC and PLICC reinsurance transactions. duties, shall not disrupt the normal operations of PLICC PLIC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC PLIC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC to the extent that doing so would violate applicable law or jeopardize the protection of an attorney-client privilege; provided that, in either circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRACPrime Re; provided, however, FRAC Prime Re shall only reimburse PLICC PLIC for any reasonable out-of-pocket costs that PLICC PLIC incurs in providing assistance to the Monitor in connection with this Agreement. Section 1.3 Subject to the provisions of Section 2.1, PLICC PLIC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC PLIC related to the Reinsured Policies and Covered Liabilities.

Monitor. Section 1.1 For so long as Citigroup Inc. or any of its affiliates (“Citigroup”) remains the ultimate controlling company of FRACPrime Re, PLICC PLIC shall allow FRAC Prime Re and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRACPrime Re, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC Prime Re shall be referred to herein as a “Monitor”. FRAC Prime Re shall ensure that a Monitor, in performing his or her duties, shall not disrupt the normal operations of PLICC PLIC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC PLIC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC to the extent that doing so would violate applicable law or jeopardize the protection of an attorney-client privilege; provided that, in either circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRACPrime Re; provided, however, FRAC Prime Re shall only reimburse PLICC PLIC for any reasonable out-of-pocket costs that PLICC PLIC incurs in providing assistance to the Monitor in connection with this Agreement. Section 1.3 Subject to the provisions of Section 2.1, PLICC PLIC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC PLIC related to the Reinsured Policies and Covered Liabilities.

Monitor. Section 1.1 For so long as Citigroup Inc. or any of its affiliates (“Citigroup”) remains the ultimate controlling company of FRACAHL, PLICC NBLIC shall allow FRAC AHL and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRACAHL, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC NBLIC, or any party providing administrative services to NBLIC, related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC AHL shall be referred to herein as a “Monitor”. FRAC AHL shall ensure that a Monitor, in performing his or her duties, shall not disrupt the normal operations of PLICC NBLIC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC NBLIC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC NBLIC or any party providing administrative services to NBLIC to the extent that doing so would violate applicable law or jeopardize the protection of an attorney-client privilege; provided that, in either circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRACAHL; provided, however, FRAC AHL shall only reimburse PLICC NBLIC for any reasonable out-of-pocket costs that PLICC NBLIC incurs in providing assistance to the Monitor in connection with this Agreement. Section 1.3 Subject to the provisions of Section 2.1, PLICC NBLIC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC NBLIC or any party providing administrative services to NBLIC related to the Reinsured Policies and Covered Liabilities.

Monitor. Section 1.1 1.01 For so long as Citigroup Inc. Swiss Reinsurance Company Ltd, a reinsurance company organized under the laws of Switzerland or any of its affiliates (“CitigroupParent”) remains the ultimate controlling company of FRACPecan Re, PLICC PLIC shall allow FRAC Pecan Re and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRACPecan Re, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC Pecan Re shall be referred to herein as a “Monitor”. FRAC Pecan Re shall ensure that a Monitor, in performing his or her duties, shall not disrupt the normal operations of PLICC PLIC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC PLIC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC PLIC to the extent that doing so would violate applicable law or any contractual obligation of confidentiality or jeopardize the protection of an attorney-client privilege; provided that, in either any such circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or a contractual obligation of confidentiality or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 1.02 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRACPecan Re; provided, however, FRAC Pecan Re shall only reimburse PLICC PLIC for any reasonable out-of-pocket costs that PLICC PLIC incurs in providing assistance to the Monitor in connection with this Agreement. Section 1.3 1.03 Subject to the provisions of Section 2.12.01, PLICC PLIC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC PLIC related to the Reinsured Policies and Covered Liabilities.

Monitor. Section 1.1 For so long as Citigroup Inc. or any of its affiliates (“Citigroup”) remains the ultimate controlling company of FRACAHL, PLICC NBLIC shall allow FRAC AHL and any reasonable number of counsel, financial advisors, accountants, actuaries and other representatives of FRACAHL, reasonable access, upon reasonable advance notice and during normal business hours to the facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC NBLIC, or any party providing administrative services to NBLIC, related to the management, administration and financial performance of the Reinsured Policies and Covered Liabilities. Such individual (or individuals) representing FRAC AHL shall be referred to herein as a “Monitor”. FRAC AHL shall ensure that a Monitor, in performing his or her duties, shall not disrupt the normal operations of PLICC NBLIC in any material respect. Notwithstanding the foregoing or any other provision of this Agreement, PLICC NBLIC shall not be obligated to provide such access to any facilities, documents, information, auditors, actuaries, outside advisors and relevant personnel of PLICC NBLIC or any party providing administrative services to NBLIC to the extent that doing so would violate applicable law or jeopardize the protection of an attorney-client privilege; provided that, in either circumstance, the parties will cooperate in good faith to determine a manner in which information can be shared so as to not violate applicable law or jeopardize the protection of an attorney-client privilege, as applicable. Section 1.2 All costs and expenses associated with the Monitor or the activities of the Monitor shall be borne by FRACAHL; provided, however, FRAC AHL shall only reimburse PLICC NBLIC for any reasonable out-of-pocket costs that PLICC NBLIC incurs in providing assistance to the Monitor in connection with this Agreement. NBLIC will provide AHL with an invoice for any reimbursable costs within 20 days following the end of the month in which the costs are incurred. The invoice will be in a form mutually agreeable to AHL and NBLIC. Any amounts due NBLIC must be paid by AHL within 30 days following AHL’s receipt of NBLIC’s invoice. Section 1.3 Subject to the provisions of Section 2.1, PLICC NBLIC shall use reasonable best efforts to assist and cooperate with the Monitor in providing access to the relevant experience data, books, records, documents, information and relevant personnel of PLICC NBLIC or any party providing administrative services to NBLIC related to the Reinsured Policies and Covered Liabilities.