Exhibit 3c
AMENDMENT NO. 2 TO
ADMINISTRATIVE SERVICES AGREEMENT
THIS AMENDMENT NO. 2 TO THE ADMINISTRATIVE SERVICES
AGREEMENT ("Amendment No. 2") is made as of the 8th day
of October, 2001, by and between Nationwide
Life Insurance Company and Nationwide Life and Annuity
Insurance Company (collectively referred to hereinafter
"NWL") and Xxxxxxx & Xxxx, Inc (hereinafter "Xxxxxxx &
Xxxx"), on its own behalf and on behalf of its affiliated
corporate insurance agencies.
WHEREAS, NWL and Xxxxxxx & Xxxx have entered into an
Administrative Services Agreement dated September 1, 2000
and
WHEREAS, NWL and Xxxxxxx & Xxxx desire to amend the
Administrative Services Agreement to provide for the sale of
additional products pursuant to the Administrative Services
Agreement under certain circumstances.
NOW, THEREFORE, in recognition of the mutual promises
herein, and other good and valuable consideration, the
parties agree as follows:
1. Section E. 10. b. is hereby amended to insert the
following:
Effective October 8, 2001 through January 1, 2002,
Nationwide will pay Xxxxxxx & Xxxx an additional revenue
sharing compensation in an amount equal to .25% of gross
sales of all Xxxxxxx & Xxxx Advisors Nationwide Platinum V
Fixed Annuity and Xxxxxxx & Xxxx Advisors Nationwide
Platinum V Fixed Annuity NY assets distributed by Xxxxxxx &
Xxxx.
Effective January 2, 2002, Nationwide will pay Xxxxxxx &
Xxxx an additional revenue sharing compensation in an amount
equal to .25% of gross sales plus .25% annually of the
average daily account value of all Xxxxxxx & Xxxx Advisors
Nationwide Platinum V Fixed Annuity and Xxxxxxx & Xxxx
Advisors Nationwide Platinum V Fixed Annuity NY assets
distributed by Xxxxxxx & Xxxx. It is hereby recognized that
the marketing allowance based on assets will reduce the
effective interest rates on affected contracts by a
corresponding .25%.
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment No. 2 to be executed by their duly authorized
officers as of the day and year first above written.
NATIONWIDE LIFE INSURANCE COMPANY
NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY
/s/ Xxxx Xxxxxxxx
Name : Xxxx Xxxxxxxx
Title: AVP
XXXXXXX & XXXX, INC.
/s/ Xxxxxx X. Xxxxx
Name: Xxxxxx X. Xxxxx
Xxxxxx: EVP
AMENDMENT NO. 1 TO
APPENDIX A
EFFECTIVE _____________________
1. Products
Exclusivity refers to the following products:
Xxxxxxx & Xxxx Advisors Select Annuity
Xxxxxxx & Xxxx Advisors Select Plus Annuity
Xxxxxxx & Xxxx Advisors Select Plus Annuity NY
Xxxxxxx & Xxxx Advisors Select Life
Xxxxxxx & Xxxx Advisors Retirement Plan
Xxxxxxx & Xxxx Advisors Nationwide Platinum V Fixed Annuity
Xxxxxxx & Xxxx Advisors Nationwide Platinum V Fixed Annuity
NY
This APPENDIX may be amended from time to time with the
addition of certain other annuity or insurance products.
There will be no Exclusivity Arrangement regarding the
following products:
Xxxxxxx & Xxxx Advisors Survivorship Life
Xxxxxxx & Xxxx Advisors Term One/Ten/Twenty
Xxxxxxx & Xxxx Advisors Term Ten/Twenty NY
