VAN ECK SHAREHOLDER INFORMATION AGREEMENT
EXHIBIT 8(l)(vi)
This Agreement is effective as of October 1, 2008, by and between Aviva Life and Annuity
Company (“Intermediary”) and Xxx Xxx Securities Corporation (“Xxx Xxx”) on behalf of the Xxx Xxx
Funds, Xxx Xxx Funds, Inc., Xxx Xxx Worldwide Insurance Trust, or such other investment companies
that Xxx Xxx may distribute (each, a “Xxx Xxx Fund” and together, the “Xxx Xxx Funds”).
WHEREAS, Intermediary is a “financial intermediary” within the meaning of Rule 22c-2 of the
Investment Company Act of 1940 (“Rule 22c-2”);
WHEREAS, pursuant to Rule 22c-2, Xxx Xxx is required to enter into a written agreement with
Intermediary under which Intermediary agrees to: (i) provide, at Xxx Xxx’x request, identity and
transaction information about Shareholders (as defined below) who hold their Shares (as defined
below) through an account with Intermediary; and (ii) execute instructions from Xxx Xxx to restrict
or prohibit future purchases or exchanges;
NOW, THEREFORE, in consideration of the mutual covenants herein contained, which consideration
is full and complete, Xxx Xxx and the Intermediary hereby agree as follows:
Shareholder Information
1. (a) Agreement to Provide Information. Intermediary agrees to provide Xxx Xxx, or its designee,
upon written request, the taxpayer identification number (“TIN”), the Individual/International
Taxpayer Identification Number (“ITIN”), or other government-issued identifier (“GII”) or mutually
acceptable Securities and Exchange Commission (“SEC”) approved identifier, and the Contract owner
number or participant account number associated with the Shareholder, if known, of any or all
Shareholder(s) of the Xxx Xxx Funds, and the amount, date and transaction type (purchase,
redemption, transfer or exchange) of every purchase, redemption, transfer or exchange of Shares
held through an account maintained on behalf of the Intermediary during the period covered by the
request. Unless otherwise specifically requested by Xxx Xxx, or its designee, the Intermediary
shall only be required to provide information relating to Shareholder Initiated Transfer Purchases
or Shareholder- Initiated Transfer Redemptions.
(b) Period Covered by Request. Requests must set forth a specific period, not to exceed 180
calendar days from the date of the request, for which transaction information is sought. Xxx Xxx,
or its designee, may request transaction information older than 180 calendar days from the date of
the request as it deems necessary to investigate compliance with policies established by the Xxx
Xxx Funds for the purpose of eliminating or reducing any dilution of the value of the outstanding
Shares issued by the Xxx Xxx Funds.
(c) Timing of Requests. Requests for Shareholder information shall be made no more frequently than
quarterly except as Xxx Xxx deems necessary to investigate compliance with policies established by
the Xxx Xxx Funds for the purpose of eliminating or reducing any dilution of the value of the
outstanding shares issued by the Xxx Xxx Funds.
(d) Form and Timing of Response. Intermediary agrees to provide, promptly upon request of Xxx Xxx,
or its designee, the information specified in Section 1(a). If requested by Xxx Xxx, or its
designee, Intermediary agrees to use best efforts to determine promptly whether any specific person
about whom it has received the identification and transaction information specified in 1(a) is
itself a financial intermediary (“indirect intermediary”) and, upon further request of the Xxx Xxx,
or its designee, promptly either (i) provide (or arrange to have provided) the information set
forth in 1(a) for those Shareholders who hold an account with an indirect intermediary or (ii)
restrict or prohibit the indirect intermediary from purchasing, in nominee name on behalf of other
persons, securities issued by the Xxx Xxx Funds. Intermediary additionally agrees to inform Xxx
Xxx, or its designee, whether it plans to perform (i) or (ii). Responses required by this
paragraph must be communicated in writing and in a format mutually agreed upon by the parties. To
the extent practicable, the format for any transaction information provided to Xxx Xxx, or its
designee, should be consistent with the NSCC Standardized Data Reporting (“SDR”) Format.
2. Limitations on Use of Information. Xxx Xxx agrees not to use the information
received pursuant to this Agreement for any purpose other than as necessary to comply
with the provisions of Rule 22c-2 or to fulfill other regulatory or legal requirements
subject to the privacy provisions of Title V of the Xxxxx-Xxxxx-Xxxxxx Act (Public Law
106-102) and comparable state laws.
3. (a) Agreement to Restrict Trading. Intermediary agrees to execute written instructions from Xxx
Xxx, or its designee, to restrict or prohibit further purchases or exchanges of Shares by a
Shareholder that has been identified by Xxx Xxx, or its designee, as having engaged in transactions
of the Shares (directly or indirectly through the Intermediary’s account) that violate policies
established by the Xxx Xxx Fund(s) for the purpose of eliminating or reducing any dilution of the
value of the outstanding Shares issued by the Xxx Xxx Fund(s). Unless otherwise directed by Xxx
Xxx, or its designee,, any such restrictions or prohibitions shall only apply to
Shareholder-Initiated Transfer Purchases or Shareholder-Initiated Transfer Redemptions that are
effected directly or indirectly through Intermediary. Instructions must be received by Intermediary
through the NSCC SDR or at the following address, or such other address that Intermediary may
communicate to Xxx Xxx in writing from time to time, including, if applicable, an e-mail and/or
facsimile telephone number:
Print Address |
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Print Address |
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Print Address |
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| Print E-mail & Fax # | ||||
(b) Form of Instructions. Instructions to restrict or prohibit trading must include the TIN,
ITIN, GII or mutually acceptable SEC approved identifier, and the specific individual Contract
owner number or participant account number associated with the Shareholder, if known, and the
specific restriction(s) to be executed, including how long the restriction(s) is (are) to remain in
place. If the TIN, ITIN, GII or mutually acceptable SEC approved identifier, or specific
individual Contract owner number or participant account number associated with the Shareholder is
not known, the instructions must include an equivalent identifying number of the Shareholder(s) or
account(s) or other agreed upon information to which the instruction relates.
(c) Timing of Response. Intermediary agrees to execute instructions as soon as reasonably
practicable, but not later than five business days after receipt of the instructions by the
Intermediary.
(d) Confirmation by Intermediary. Intermediary must provide written confirmation to Xxx Xxx,
or its designee, that instructions have been executed. Intermediary agrees to provide confirmation
as soon as reasonably practicable, but not later than ten business days after the instructions have
been executed.
4. Definitions. For purposes of this Agreement:
(a) The term “Shares” means the interests of Shareholders corresponding to the redeemable
securities of record issued by each Xxx Xxx Fund that are held by the Intermediary.
(b) The term “Shareholder” means the holder of interests in a variable annuity or variable
life insurance contract issued by the Intermediary (“Contract”), or a participant in an employee
benefit plan with a beneficial interest in a contract.
(c) The term “Shareholder-Initiated Transfer Purchase” means a transaction that is initiated
or directed by a Shareholder that results in a transfer of assets within a Contract to a Xxx Xxx
Fund, but does not include transactions that are executed: (i) automatically pursuant to a
contractual or systematic program or enrollment such as transfer of assets within a Contract to a
Xxx Xxx Fund as a result of “dollar cost averaging” programs, insurance company approved asset
allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit;
(iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of
assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled
contributions, retirement plan salary reduction contributions, or planned premium payments to the
Contract; or (v) prearranged transfers at the conclusion of a required free look period.
(d) The term “Shareholder-Initiated Transfer Redemption” means a transaction that is initiated
or directed by a Shareholder that results in a transfer of assets within a
Contract out of a Xxx
Xxx Fund, but does not include transactions that are executed: (i) automatically pursuant to a
contractual or systematic program or enrollments such as transfers of assets within a Contract out
of a Xxx Xxx Fund as a result of annuity payouts, loans, systematic withdrawal programs, insurance
company approved asset allocation programs and automatic rebalancing programs; (ii) as a result of
any deduction of charges or fees under a Contract; (iii) within a Contract out of a Xxx Xxx Fund as
a result of scheduled withdrawals or surrenders from a Contract; or (iv) as a result of payment of
a death benefit from a Contract.
(e) The term “written” includes electronic writings and facsimile transmissions.
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the date first set
forth above.
| AVIVA LIFE AND ANNUITY COMPANY | ||||
| By: /s/ Xxxxxxx
Xxxxxx |
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| Date: |
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| Name (print): | Xxxxxxx
Xxxxxx |
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| Title (print): | EVP- General Counsel &
Secretary |
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| Telephone #: | 515/000-0000 |
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| Email:
xxxx.xxxxxx@xxxxxxxx.xxx |
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| XXX XXX SECURITIES CORPORATION | ||||
| By: /s/ Xxxxxxxx
Xxxxx |
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| Date:
9/22/08 |
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| Name (print): | Xxxxxxxx
Xxxxx |
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| Title (print): | VP |
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| Telephone #: | 000-000-0000 |
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| Email:
Xxxxxxxx.Xxxxx@Xxxxxx.xxx |
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