EXHIBIT 1.A(8)(e)
SERVICES AGREEMENT
THIS SERVICES AGREEMENT is made this 24th day of April, 1995 among Great
West Life & Annuity Insurance Company ("GWL&A"), Financial Administrative
Services Corporation ("FASCorp") and Security Life of Denver Insurance Company
("SLD"), collectively (the "Parties").
WHEREAS, SLD and FASCorp entered into an Administrative Services Agreement
("The Agreement") on November 21, 1994; and at this time FASCorp is in the
process of becoming licensed in all states, plus the District of Columbia, but
is not now licensed in all of these jurisdictions.
WHEREAS, as time is of the essence, GWL&A has agreed to deliver the
administrative services anticipated by The Agreement with SLD. In those
jurisdictions where a Third Party Administrator ("TPA") license may be required,
and FASCorp is not licensed;
NOW, THEREFORE, the Parties agree to the following:
1. GWL&A agrees to provide the administrative services, as set forth in
The Agreement, to SLD in jurisdictions where a TPA license may be
required, but FASCorp is not licensed.
2. Attachment A to this Agreement enumerates the states where these
services are to be provided by GWL&A. As FASCorp is licensed as a TPA
in a jurisdiction, FASCorp will assume the provision of services set
forth in The Agreement, and Attachment A will be updated. FASCorp
agrees to promptly obtain licenses in all jurisdictions in which
FASCorp is required to be licensed, and to timely obtain such license
in any state which in the future enacts or promulgates legislation or
regulations requiring such license.
3. All of the terms and conditions of The Agreement will apply to the
Parties, with GWL&A substituting for FASCorp for the jurisdictions
listed in Attachment A, as updated.
4. If disputes arising from this agreement can not be settled through
negotiation, the Parties will first make a good faith effort to settle
the dispute by mediation under the Commercial Mediation Rules of the
American Arbitration Association, if such mediation does not resolve
the dispute, Section 13 of The Agreement shall apply.
5. This Agreement will terminate on the earlier of the termination of The
Agreement or the date when FASCorp is licensed in the last of the
jurisdictions listed on Attachment A.
THIS AGREEMENT IS AGREED TO BY:
Great West Life & Annuity Insurance Security Life of Denver Insurance
Company: Company
/s/ Xxxxxx Low /s/ Xxxxx Xxxxxx
Name: Xxxxxx Low Name: Xxxxx Xxxxxx
Title: Executive Vice President, Title: Sr. Vice President,
Financial Services Variable Sales
/s/ Xxx Xxxxxxxxx /s/ Xxxxxxx X. Xxxxx
Name: Xxx Xxxxxxxxx Name: Xxxxxxx X. Xxxxx
Title: Asst. Vice President, Title: Actuarial Officer
Systems
Financial Administrative Services
Corporation:
/s/ Xxxx X. XxXxxxxx
Name: Xxxx X. XxXxxxxx
Title: President
/s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Secretary
ATTACHMENT A
April 21, 1995
Alaska New Mexico
Arizona North Carolina
Idaho Oklahoma
Indiana Pennsylvania
Maine South Carolina
Missouri Tennessee
Montana Wisconsin
Nevada Wyoming
New Hampshire
