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EXHIBIT 10.5
Amendment Number 3 to the
Automatic Flexible Premium Variable Life Reinsurance Agreement Number 2
(Referred to as the Agreement)
Between
WESTERN RESERVE LIFE ASSURANCE CO. OF OHIO
St. Petersburg, Florida
(referred to as the Reinsured)
and
WMA LIFE INSURANCE COMPANY LIMITED
Xxxxxxxx, Bermuda
(referred to as the Reinsurer)
Effective February 1, 2000
Amendment Number 1 to the Agreement is hereby rendered null and void.
* * * * *
Except as expressed herein, all terms, covenants and provisions of the
Automatic Flexible Premium Variable Life Reinsurance Agreement Number 2 that
are not in conflict with the provisions of this amendment shall remain
unaltered and in full force and effect.
In witness of the above, the Reinsured and the Reinsurer, by their respective
officers have executed this amendment in duplicate at the dates and places
indicated and shall be effective as of February 1, 2000.
WESTERN RESERVE LIFE WMA LIFE INSURANCE
ASSURANCE CO. OF OHIO COMPANY LIMITED
at St. Petersburg, FL at Kamuela, Hawaii
on March 16, 2000 on March 20, 2000
By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxx X. XxXxxxxx
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Title: VP & Managing Actuary Title: Vice President
By: /s/ Xxxx Xxxxxx By: /s/ Xxxxxx X. Xxxxxxxxxx
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Title: EVP Title: Vice President
