Common use of Producers; Selling and Other Agreements Clause in Contracts

Producers; Selling and Other Agreements. The Ceding Company shall not (a) modify, terminate or amend, or waive (i) any of its rights or obligations under any agreement or portion thereof between it or any of its Affiliates, on the one hand, and any Producer who has solicited, sold, marketed, produced or serviced any of the Reinsured Contracts, on the other hand, to the extent such modification, termination, amendment or waiver would adversely impact the Reinsurer or increase the Reinsurer’s liability hereunder; or (ii) any of its rights or obligations under any agreement between it, on the one hand, and any of its Affiliates or any third party, on the other hand, to the extent related to the Separate Account Charges, except, in each case of (i) and (ii), (x) to the extent not related to the Reinsured Contracts or (y) with the Reinsurer’s prior written consent or (b) modify, terminate, amend or waive any of the settlement options or policyholder investment options chosen by the Ceding Company, including any underlying investment funds for which the Ceding Company (and not any independent fund board or similar body) has the right to control the modification, termination or amendment for any policyholder investment options, offered pursuant to the Reinsured Contracts, except with the Reinsurer’s prior written consent except to the extent not related to the Reinsured Contracts.

Producers; Selling and Other Agreements. The Ceding Company shall not (a) modify, terminate or amend, or waive (ia) any of its rights or obligations under any agreement or portion thereof between it or any of its Affiliates, on the one hand, and any Producer who has solicited, sold, marketed, produced or serviced any of the Reinsured Contracts, on the other hand, to the extent such modification, termination, amendment or waiver would adversely impact the Reinsurer or increase the Reinsurer’s liability hereunder; or (iib) any of its rights or obligations under any agreement between itit or any of its Affiliates, on the one hand, and any of its Affiliates or any third party, on the other hand, to the extent related to the Separate Account Charges, except, in each case of (i) and (ii), (x) to the extent not related to the Reinsured Contracts ; or (yc) with the Reinsurer’s prior written consent or (b) modify, terminate, amend or waive any of the settlement options or policyholder investment options chosen by the Ceding Company, including any underlying investment funds for which the Ceding Company (and not any independent fund board or similar body) has the right to control the modification, termination or amendment for any policyholder investment options, offered pursuant to the Reinsured Contracts, except with the Reinsurer’s prior written consent except except, in each case of (a) through (c), (i) to the extent not related to the Reinsured ContractsContracts or (ii) with the Reinsurer’s prior written consent.