Common use of Terminal Accounting and Settlement Clause in Contracts

Terminal Accounting and Settlement. Effective AT 12:00am EST on January 1, 2015, the Reinsurer is relieved of liability for any claim, benefit or loss under this Agreement without regard to the date of incurral of such claim, benefit or loss, and the Ceding Company is relieved of liability for any payment due to the Reinsurer under this Agreement. In witness of the above, this Addendum is executed in duplicate on the dates indicated below, with an effective date of January 1, 2015. UBS LIFE INSURANCE COMPANY USA (SUCCESSOR TO PAINEWEBBER LIFE INSURANCE COMPANY) By: /s/ Xxxxxxxx Xxxxx Name: Xxxxxxxx Xxxxx Title: Treasurer Date: 2/9/15 HARTFORD LIFE INSURANCE COMPANY By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President & Actuary

Terminal Accounting and Settlement. Effective AT at 12:00am EST on January 1, 2015, the Reinsurer is relieved of liability for any claim, benefit or loss under this Agreement without regard to the date of incurral of such claim, benefit or loss, and the Ceding Company is relieved of liability for any payment due to the Reinsurer under this Agreement. In witness of the above, this Addendum is executed in duplicate on the dates indicated below, with an effective date of January 1, 2015. UBS LIFE INSURANCE COMPANY USA (SUCCESSOR TO PAINEWEBBER LIFE INSURANCE COMPANY) By: /s/ Xxxxxxxx Xxxxx Name: Xxxxxxxx Xxxxx Title: Treasurer Date: 2/9/15 HARTFORD LIFE AND ANNUITY INSURANCE COMPANY (FORMERLY ITT HARTFORD LIFE AND ANNUITY INSURANCE COMPANY) By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President & Actuary