Common use of Policy Changes Clause in Contracts

Policy Changes. If the plan, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company will promptly inform the Reinsurer. Whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtained, the reinsurance will remain in effect with the Reinsurer. The suicide, contestability and recapture period applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect at the time of the change, as set out in Exhibit E; or 6.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effective.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans or a change in the face amount of the policy. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer, if the change is made before any cancellation of this Agreement for new business. If the change is made after any termination of this Agreement for new business, the reinsurance will be as specified in the termination document. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new amount of the Reinsured Policy policy would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans or a change in the face amount of the policy. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer, if the change is made before any cancellation of this Agreement for new business. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; oror 196474US-08 ml 20070727 (ODB#I02020US-08) 7 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer only if the change is made before any cancellation of this Agreement for new business. Increases normally applied to existing policies where such policies were issued prior to the cancellation of the Agreement for new business will continue to be reinsured. The suicide period may be based on an earlier policy date if explicitly allowed by the Company’s underwriting guidelines. The Company will notify the Reinsurer of any changes in the underwriting guidelines, as specified in Article 15.1, Business Continuity. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or I414848US-12 (11-01-2011) QT#04028US11 (COLI & BXXx) d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. 1. The Ceding Company will include any changes in the List of Amendments described in Exhibit VII. 2. If the planface amount or death benefit is increased according to procedures in the policy, the Reinsurance Death Benefit and the Proportion of the Policy Reinsured will be recalculated. Such increases are subject to the submission of satisfactory evidence of insurability and will therefore be treated as new issues, subject to the provisions of Article I and the limitations shown in Exhibit II. Reinsurance premiums for such increased amounts will be calculated as for other new issues. 3. If any portion of the total insurance retained by the Ceding Company on any life is reduced or terminated, the amount of reinsurance carried by the Ceding Company on that life will be reduced by a like amount. The reinsurance on the policy or policies reduced or terminated will be the premiums of a Reinsured Policy are changedfirst to be reduced. If further reduction in reinsurance is required, the company cessions to be reduced or terminated will promptly inform be determined by the Reinsurerorder in which they were reinsured. Whenever The first to be reinsured would be the first to be reduced or terminated, and so on. If the reinsurance is shared by two or more reinsurers, the reduction will be prorated among all the reinsurers. 4. If a Reinsured Policy policy is changed reinstated in accordance with its terms and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full Ceding Company's regular reinstatement rules, MARC will restore the reinsurance coverage as if no change had occurred. However, MARC's approval will be required prior to reinstatement of the reinsurance if the policy was facultatively reinsured hereunder and the Ceding Company's regular reinstatement rules require more evidence be obtainedof insurability than a Statement of Good Health. Upon reinstatement of the reinsurance coverage, the Ceding Company will pay the reinsurance will remain in effect premiums that would have accrued had the policy not lapsed, together with the Reinsurer. The suicide, contestability and recapture period applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect interest at the time of same rate as the change, as set out in Exhibit E; or 6.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Ceding Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered receives under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveits policy.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer only if the change is made before any cancellation of this Agreement for new business. Increases normally applied to existing policies where such policies were issued prior to the cancellation of the Agreement for new business will continue to be reinsured. The suicide period may be based on an earlier policy date if explicitly allowed by the Company’s underwriting guidelines. The Company will notify the Reinsurer of any changes in the underwriting guidelines, as specified in Article 15.1, Business Continuity. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or I414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx) d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans or a change in the face amount of the policy. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer, if the change is made before any cancellation of this Agreement for new business. If the change is made after any termination of this Agreement for new business, the reinsurance will be as specified in the termination document. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new amount of the Reinsured Policy policy would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained. The Premium rates and allowances for new issues as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. 1. The Ceding Company will include any changes in the List of Amendments described in Exhibit VII. 2. If the planface amount or death benefit is increased according to procedures in the policy, the Reinsurance Death Benefit and the Proportion of the Policy Reinsured will be recalculated. Such increases are subject to the submission of satisfactory evidence of insurability and will therefore be treated as new issues, subject to the provisions of Article I and the limitations shown in Exhibit II. Reinsurance premiums for such increased amounts will be calculated as for other new issues. 3. If any portion of the total insurance retained by the Ceding Company on any life is reduced or terminated, the amount of reinsurance carried by the Ceding Company on that life will be reduced by a like amount. The reinsurance on the policy or policies reduced or terminated will be the premiums of a Reinsured Policy are changedfirst to be reduced. If further reduction in reinsurance is required, the company cessions to be reduced or terminated will promptly inform be determined by the Reinsurerorder in which they were reinsured. Whenever The first to be [LOGO OF MARC MUNICH RE GROUP] reinsured would be the first to be reduced or terminated, and so on. If the reinsurance is shared by two or more reinsurers, the reduction will be prorated among all the reinsurers. 4. If a Reinsured Policy policy is changed reinstated in accordance with its terms and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full Ceding Company's regular reinstatement rules, MARC will restore the reinsurance coverage as if no change had occurred. However, MARC's approval will be required prior to reinstatement of the reinsurance if the policy was facultatively reinsured hereunder and the Ceding Company's regular reinstatement rules require more evidence be obtainedof insurability than a Statement of Good Health. Upon reinstatement of the reinsurance coverage, the Ceding Company will pay the reinsurance will remain in effect premiums that would have accrued had the policy not lapsed, together with the Reinsurer. The suicide, contestability and recapture period applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect interest at the time of same rate as the change, as set out in Exhibit E; or 6.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Ceding Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered receives under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveits policy.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer only if the change is made before any cancellation of this Agreement for new business. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines. The ODB# 103515US-09 First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company’s underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company’s underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer only if the change is made before any cancellation of this Agreement for new business. Policy changes to Reinsured Policies will be subject to the Reinsurer's ’s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. Policy changes" refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, exchanges, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company's underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance terms of this Agreement will remain apply to the changed Reinsured Policy using point in effect with scale rates, whether the Reinsurerchange is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration for premium payment will be measured from the effective date of the original Reinsured Policy. . Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company's underwriting guidelines require that full evidence of insurability be obtainedobtained and the suicide and contestability periods will be based on the reissued policy date, unless otherwise required by applicable law, the terms of this Agreement will apply to the changed Reinsured Policy if the change is made before cancellation of this Agreement for new business. Such Reinsured Policy changes taking place after the Agreement is cancelled for new business will not be reinsured without the Reinsurer' s prior written consent. Policy changes to Reinsured Policies will be subject to the Reinsurer's ' s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis, unless the policy change is only a reduction in death benefit amount; or d) Evidence of insurability is not obtained if required in the Company's underwriting guidelines; or e) If the change includes a policy with features such as, but not limited to, riders or options that are different from the original policy. The Unless otherwise agreed, first year premium rates and allowances as specified in the applicable Exhibit will apply to the amount of any underwritten as well as for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. 1. The Ceding Company will include any changes in the List of Amendments described in Exhibit VII. 2. If the planface amount or death benefit is increased according to procedures in the policy, the Net Amount at Risk Reinsured and the Proportion of the Policy Reinsured will be recalculated. Such increases are subject to the submission of satisfactory evidence of insurability and will therefore be treated as new issues, subject to the provisions of Article I and the limitations shown in Exhibit II. Reinsurance premiums for such increased amounts will be calculated as for other new issues. 3. If any portion of the total insurance retained by the Ceding Company on any life is reduced or terminated, the amount of reinsurance carried by the Ceding Company on that life will be reduced by a like amount. The reinsurance on the policy or policies reduced or terminated will be the premiums of a Reinsured Policy are changedfirst to be reduced. If further reduction in reinsurance is required, the company cessions to be reduced or terminated will promptly inform be determined by the Reinsurerorder in which they were reinsured. Whenever a Reinsured Policy The first to be reinsured would be the first to be reduced or terminated, and so on. If the reinsurance is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtainedshared by two or more reinsurers, the reinsurance reduction will remain be prorated among all the reinsurers. 4. If a policy reinsured automatically lapses and is reinstated in effect accordance with the Reinsurer. The suicideCeding Company's standard rules and procedures, contestability and recapture period applicable to reinsurance for the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the amount at risk effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect at the time of the change, as set out in Exhibit E; or 6.2.2 The new amount lapse will be reinstated automatically at the date of reinstatement of the policy. The Ceding Company will notify [ ] of the reinstatement on its periodic statement of account. The Ceding Company will send [ ] copies of its reinstatement papers only upon request. [ ] will not need to approve reinstatement of a policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is reinsured under this Agreement on a facultative basisbasis when: a) the Ceding Company has kept its full retention on the policy; and b) the reinsured amount falls within the Automatic Acceptance Limits shown in Exhibit A. Otherwise, the Ceding Company will need [ ]'s prior review and approval for reinstatement of any facultative reinsurance. The amount Ceding Company will send [ ] prompt written notice of any non-contractual increase its intention to reinstate the policy along with copies of the reinstatement papers required by its standard rules and procedures. The reinsurance will be reinstated at the same time as the policy, subject to [ ]'s written approval of the terms stated in Exhibit C. reinstatement. The Ceding Company will report the details notify [ ] of all changes according reinstatements on its periodic statement of account, and will pay all reinsurance payments due from the date of reinstatement to the terms outlined date of the current statement of account, including a proportionate share of interest collected. Thereafter, reinsurance payments will be in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effective.accordance with Article V.

Policy Changes. Policy changes" refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a material change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtainedCompany does not consider the change to result in the policy being treaty as new business, the reinsurance will remain in effect with the ReinsurerReinsurer under this Agreement, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, reinsurance rates applicable to the reissued policy will be the Basic Premiums specified in Exhibit C-1 and Exhibit C-2 reflecting the issue age and duration of the original policy. The suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever If the policy change only results in a portion of the policy to be considered as new business by the Company, then such portion of the policy will be considered new business for reinsurance purposes and will be ceded to the Reinsurer as such under the Agreement subject to all new business provisions whether the change is made before or after any Reinsured Policy is changed cancellation of this Agreement for new business. The reinsurance rates applicable to such portion of the reinsured policy will be the Basic Premiums specified in Exhibit C-1 and Exhibit C-2 reflecting the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtainedissue age and duration based on the date of the change on the policy. For clarity, the remaining portion of the policy not affected by the change will continue with the Reinsurer under this Agreement reflecting the issue age and duration of the original policy. If the policy change results in the entire policy to be considered as new business by the Company, then such changed policy will be ceded as new business under the Company's reinsurance agreements open to new business. Policy changes to Reinsured Policies will be subject to the Reinsurer's ' s prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy request is for a non-contractual increase and the policy was reinsured on a facultative basis; or d) The request is for a contractual increase, the policy was reinsured on a facultative basis and the increased amount exceeds the amount included in the facultative offer; or e) Evidence of insurability is not obtained if required in the Company's underwriting guidelines. The amount If there is a request for a risk classification change on a reinsured policy, the Policy was initially ceded to the Reinsurer on an automatic basis and that following the consideration of any non-contractual increase new underwriting evidence, the Company makes a change to the risk classification in accordance with its underwriting guidelines, the same change will be made to the reinsurance coverage. If such change is being made on a facultatively reinsured policy, the change is subject to the terms stated in Exhibit C. The Company will report Reinsurer's approval. If following the details consideration of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policynew underwriting evidence, the Company must obtain can place the Policy at a lower mortality rating or better underwriting class than that of the Reinsurer's approval before , then the Company will have the right to terminate the reinsurance. However, the Company will provide the Reinsurer an opportunity to quote anew and will use best efforts to maintain the existing reinsurance. Any such changes become effectivechange affecting the reinsurance will be on a point-in-scale basis at the revised risk classification and effective with the date of the change.

Policy Changes. “Policy changes” refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, exchanges, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company's underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance terms of this Agreement will remain apply to the changed Reinsured Policy using point in effect with scale rates, whether the Reinsurerchange is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration for premium payment will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company's underwriting guidelines require that full evidence of insurability be obtained, the suicide and contestability periods will be based on the reissued policy date, unless otherwise required by applicable law, and the terms of this Agreement will apply to the changed Reinsured Policy on a new business basis if the change is made before cancellation of this Agreement for new business. Such Reinsured Policy change taking place after the Agreement is cancelled for new business will not be reinsured without the Reinsurer's prior written consent. Policy changes to Reinsured Policies will be subject to the Reinsurer's prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis, unless the policy change is only a reduction in death benefit amount; or d) Evidence of insurability is not obtained if required in the Company’s underwriting guidelines; or e) If the change includes a policy with features such as, but not limited to, riders or options that are different from the original policy. The Unless otherwise agreed, first year premium rates and allowances as specified in the applicable Exhibit will apply to the amount of any underwritten as well as for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. A. The Ceding Company shall notify the Reinsurer of all policy terminations and changes that affect the reinsurance. Unearned reinsurance premiums on such terminations or changes shall be refunded. If the plan, the amount of reinsurance or the premiums of a Reinsured Policy reinsured policy are changed, the company Ceding Company will promptly inform the ReinsurerReinsurer through the next billing. Whenever a Reinsured Policy reinsured policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Ceding Company’s underwriting rules do not require that full evidence be obtained, the reinsurance will remain in effect with the Reinsurer. The suicide, contestability and recapture period periods applicable to the original Reinsured Policy reinsured policy will apply to the reissued Reinsured Policy reinsured policy and the duration will be measured from the effective date of the original Reinsured Policyreinsured policy. Whenever any Reinsured Policy a reinsured policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Ceding Company’s underwriting rules require that full evidence be obtained, the change will be subject to the Reinsurer's ’s approval, if: 6.2.1 The 1. the new amount of the Reinsured Policy reinsured policy would be in excess of the Automatic Acceptance Limit, in effect at the time of the change, as set out in Exhibit ESchedule B – Reinsurance Limits; or 6.2.2 The 2. the new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit ESchedule B – Reinsurance Limits; or 6.2.3 The 3. the Reinsured Policy policy is on a submitted for facultative basisexcess of Ceding Company’s automatic binding capacity. The amount of any non-contractual increase will be subject to the terms Limits stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Schedule B – Reinsurance ReportsLimits. For changes not covered under this Agreement, which affect the terms of any Reinsured Policyreinsured policy, the Ceding Company must obtain the Reinsurer's ’s approval before such changes become effective. B. If any portion of the Ceding Company’s insurance risk is terminated or reduced, the reinsurance shall be reduced by a proportionate amount. The reduction shall first apply to any reinsurance on the policy being reduced, and then if applicable in a chronological order according to policy date; (“first in, first out”) to any reinsurance on the other policies on the life. However, the Ceding Company will not be required to assume a risk for an amount in excess of its regular retention for the age at issue and the mortality rating of the policy under which reinsurance is being terminated. If there are other reinsurers, each one shall share in the reduction according to its proportion of the total reinsurance.

Policy Changes. If the plan, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. . Whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtained, the reinsurance will remain in effect with the Reinsurer. The suicide, contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. . Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 7.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect at the time of the change, as set out in Exhibit E; or 6.2.2 7.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Inforce Limit stated in Exhibit E; or 6.2.3 7.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effective.

Policy Changes. Policy changes" refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans, a change in the face amount of the policy or the addition of a covered rider. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company's underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company's underwriting guidelines require that full evidence of insurability be obtained, and the change suicide and contestability periods are based on the reissued policy date, the policy will not be subject to reinsurance under this Agreement. Notwithstanding the foregoing, however, additional coverage issued pursuant to policyholder contractual rights for underwritten increases in coverage, where full evidence of insurability is obtained under the Company's underwriting guidelines and the suicide and the contestability periods are based on the issue date for the underwritten increase in coverage, will be reinsured under this Agreement with allowances as specified in Exhibit C-1. The issue age for the underwritten increase in coverage shall be the insured's age as of the reissued policy date. Policy changes to Reinsured Policies will be subject to the Reinsurer's prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; oror I453238US-13 (04-01-2013) (QT06269US13) 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis. The amount ; or d) Evidence of any non-contractual increase will be subject to insurability is not obtained if required in the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the ReinsurerCompany's approval before such changes become effectiveunderwriting guidelines.

Policy Changes. Policy changes" refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans or a change in the face amount of the policy. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company's underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company's underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer, if the change is made before any cancellation of this Agreement for new business. Policy changes to Reinsured Policies will be subject to the Reinsurer's prior written approval, if: 6.2.1 a) The new ultimate face amount of the Reinsured Policy policy, including any contractual increases, would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new ultimate face amount of the policy policy, including any contractual increases, and the amount already in force in all companies on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis; or d) Evidence of insurability is not obtained if required in the Company's underwriting guidelines. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. Policy changes" refers to the variety of actions that may be made to a policy after issue. These actions include, but are not limited to, replacements, changes in plans or a change in the face amount of the policy. If there is a change to the planreinsurance on a Reinsured Policy, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company Company will promptly inform the Reinsurer. Whenever Reinsurer in the subsequent Changes and Terminations Report specified in Exhibit F. Except as provided in this Article, whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE Company's underwriting guidelines do not require that full evidence of insurability be obtained, the reinsurance will remain in effect with the Reinsurer, whether the change is made before or after any cancellation of this Agreement for new business. The suicide, suicide and contestability and recapture period periods applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE Company's underwriting guidelines require that full evidence of insurability be obtained, and the suicide and contestability periods are based on the reissued policy date, the reinsurance will remain in effect with the Reinsurer, if the change is made before any cancellation of this Agreement for new business. If the change is made after any termination of this Agreement for new business, the reinsurance will be as specified in the termination document. Policy changes which require full underwriting to the Reinsured Policies will be subject to the Reinsurer's prior written approval, if: 6.2.1 a) The new amount of the Reinsured Policy policy would be in excess of the Automatic Acceptance Limit, Limit in effect at the time of the change, as set out in Exhibit E; or 6.2.2 b) The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit In Force Limits stated in Exhibit E; or 6.2.3 c) The Reinsured Policy is policy was reinsured on a facultative basis. The First year premium rates and allowances as specified in Exhibit C-1 will apply to the amount of any underwritten for a non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveincrease.

Policy Changes. A. The Ceding Company shall notify the Reinsurer of all policy terminations and changes that affect the reinsurance. Unearned reinsurance premiums on such terminations or changes shall be refunded. B. If any portion of the planCeding Company’s insurance risk is terminated, the reinsurance shall be reduced by a proportionate amount. If there are other reinsurers, each one shall share in the reduction according to its proportion of the total reinsurance. C. If a policy reinsured under this Agreement lapses to extended term or paid-up insurance, the Reinsurer shall share in an adjustment in the amount of reinsurance on the policy in the same proportion as the reinsurance amount had to the insurance amount immediately prior to the policy lapsing. D. Reinsurance shall be terminated on any policy where the net amount at risk reinsured is less than $1, rounded to the nearest dollar. E. Reinsurance shall be reinstated automatically if the original insurance is reinstated according to the policy provisions and rules of the Ceding Company. The Ceding Company shall pay all back reinsurance premiums to the Reinsurer in the same manner as it received insurance premiums under the reinstated policy. G. Unearned reinsurance premiums on terminations or changes shall be refunded to the premiums Ceding Company. The premium payable to the Reinsurer or premium refunds due to the Ceding Company shall be based on the exact number of days of effective insurance coverage upon termination or other change. H. If the policy continues inforce without payment of premium during any days of grace pending its surrender, whether such continuance be as a result of a Reinsured Policy are changed, policy provision or a practice of the company will promptly inform the Reinsurer. Whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtainedCeding Company, the reinsurance will remain in effect with also continue without payment of premium and will terminate on the Reinsurer. The suicide, contestability and recapture period applicable same date as the Ceding Company’s risk terminates. I. New issues after the treaty Effective Date to the original Reinsured Policy will apply cases issued prior to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtainedare reinsured under this Agreement, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, based on Underwriting Guidelines in effect at the time of new issue. J. If the changeinsurance reinsured under this Agreement increases and the increase is subject to new underwriting, the increase shall be handled in the same manner as set out in Exhibit E; or 6.2.2 The a new amount of the policy and the amount already provisions of Article I – Automatic and Facultative Reinsurance shall apply to the increase in force on reinsurance. If the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy increase is on a facultative basis. The amount of any non-contractual increase will be not subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policynew underwriting evidence, the Company must obtain Reinsurer shall accept automatically the Reinsurer's approval before such changes become effectiveincrease in reinsurance, not to exceed the automatic binding limit specified in Schedule B – Reinsurance Limits, using a point in scale rate basis.

Policy Changes. 1. The Ceding Company will include any changes in the List of Amendments described in Exhibit VII. 2. If the planface amount or death benefit is increased according to procedures in the policy, the Net Amount at Risk Reinsured and the Proportion of the Policy Reinsured will be recalculated. Such increases are subject to the submission of satisfactory evidence of insurability and will therefore be treated as new issues, subject to the provisions of Article I and the limitations shown in Exhibit II. Reinsurance premiums for such increased amounts will be calculated as for other new issues. 3. If any portion of the total insurance retained by the Ceding Company on any life is reduced or terminated, the amount of reinsurance carried by the Ceding Company on that life will be reduced by a like amount. The reinsurance on the policy or policies reduced or terminated will be the premiums of a Reinsured Policy are changedfirst to be reduced. If further reduction in reinsurance is required, the company cessions to be reduced or terminated will promptly inform be determined by the Reinsurerorder in which they were reinsured. Whenever a Reinsured Policy The first to be reinsured would be the first to be reduced or terminated, and so on. If the reinsurance is shared by two or more reinsurers, the reduction will be prorated among all the reinsurers. 4. If an original policy is changed to reduced paid-up insurance, REINSURER will share in the total amount of reduced paid-up insurance in the same proportion as it shared in the original amount insured before such change to reduced paid-up insurance. 5. If an original policy is changed to extended term insurance, REINSURER's proportion of the Total Net Amount at Risk under the policy will remain unchanged. 6. If a policy is reinstated in accordance with its terms and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full Ceding Company's regular reinstatement rules, REINSURER will restore the reinsurance coverage as if no change had occurred. However, REINSURER's approval will be required prior to reinstatement of the reinsurance if the policy was facultatively reinsured hereunder and the Ceding Company’s regular reinstatement rules require more evidence be obtainedof insurability than a Statement of Good Health. Upon reinstatement of the reinsurance coverage, the Ceding Company will pay the reinsurance will remain in effect premiums that would have accrued had the policy not lapsed, together with the Reinsurer. The suicide, contestability and recapture period applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect interest at the time of same rate as the change, as set out in Exhibit E; or 6.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Ceding Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered receives under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effectiveits policy.