SunAmerica Annuity and Life Assurance Company c/o SunAmerica Life Insurance Companies 21650 Oxnard Street, MS 6-9 Woodland Hills, CA 91367 Attention: Scott Gillis SAFG Retirement Services, Inc.
Exhibit 10.8
March 30, 2012
SunAmerica Annuity and Life Assurance Company
c/o SunAmerica Life Insurance Companies
00000 Xxxxxx Xxxxxx, XX 0-0
Xxxxxxxx Xxxxx, XX 00000
Attention: Xxxxx Xxxxxx
SAFG Retirement Services, Inc.
0 XxxXxxxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxxxxx, XX 00000
Attention: General Counsel
Ladies and Gentlemen:
Reference is made to that certain Unconditional Capital Maintenance Agreement dated as of March 30, 2011 (the “Capital Maintenance Agreement”) by and between American International Group, Inc. and SunAmerica Annuity and Life Assurance Company (the “Company”). Capitalized terms, unless otherwise defined herein, shall have the meanings set forth in the Capital Maintenance Agreement.
Pursuant to paragraph 3 of the Capital Maintenance Agreement, the undersigned parties hereby agree that effective as of March 30, 2012, the Specified Minimum Percentage shall equal 435%. Accordingly, Schedule 1 to the Capital Maintenance Agreement shall be restated as follows:
“The Specified Minimum Percentage shall equal 435% of the Company’s Company Action Level RBC.”
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Yours sincerely, | |
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AMERICAN INTERNATIONAL GROUP, INC. | |
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By: |
/s/ Xxxxx X. Xxxxxx |
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Name: Xxxxx X. Xxxxxx |
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Title: Executive Vice President and |
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Chief Financial Officer |
Acknowledged and agreed:
SUNAMERICA ANNUITY AND LIFE
ASSURANCE COMPANY
By: |
/s/ Xxxxxxx X. Xxxxx |
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Name: Xxxxxxx X. Xxxxx |
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Title: Senior Vice President |
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