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Exhibit 10.2.1
FIRST AMENDMENT TO THE
TAX SHARING AGREEMENT
The First Amendment of the Tax Sharing Agreement dated March 4, 1997 (the
"Agreement") is entered into by and between Nationwide Mutual Insurance Company,
an Ohio mutual company ("Nationwide") and any corporation that is, or may
hereafter be, a subsidiary of Nationwide and become a party hereto as
contemplated by Section 8 of the Agreement (collectively, the "Subsidiaries").
WHEREAS, Nationwide and the Subsidiaries did enter into the Agreement on March
4, 1997, with the intent to define the method for allocating the tax liability
of the Group, as that term is defined in the Agreement; and
WHEREAS, Nationwide and the Subsidiaries wish to amend the Agreement to more
accurately and clearly reflect their intent, effective as of the effective date
of the Agreement;
NOW, THEREFORE, the Agreement is amended as follows:
1. The last paragraph of Section 1 of the Agreement is hereby
amended and restated to read:
In addition, for purposes of this Agreement, the "federal
income tax liability" or "federal income tax refund" for any
Tax Year shall be an amount equal to the decrease or increase,
respectively, in the earnings and profits of Nationwide or any
Subsidiary, as calculated under Section 1552(a)(2) and
Regulation 1.1502-33(d)(3) (the Percentage Method, using
100%), but without regard to the provisions of Section 55 of
the Code.
2. Section 6 is amended and restated to read:
Section 6. Refunds. If, on the basis of the computation made
by Nationwide in accordance with Section 4 hereof, any
Subsidiary is entitled to a federal income tax refund taking
into account all facts in existence at the time of such
determination, but excluding any tax attributes of the
Subsidiary which have been utilized by the Group and for which
the Subsidiary has been previously compensated, Nationwide
shall pay such Subsidiary the amount of the federal income tax
refund.
In all other respects, the Agreement is hereby ratified and affirmed by the
parties hereto. This Amendment may be executed in any number of counterparts all
of which shall be considered one original.
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IN WITNESS WHEREOF, the parties hereto have caused this Tax Sharing Agreement to
be duly executed and delivered as of December 15, 1997.
NATIONWIDE MUTUAL INSURANCE COMPANY AFFILIATE AGENCY, INC.
By: /s/ XXXXXX X. XXXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
Xxxxxx X. Xxxxxx W. Xxxxxx Xxxxx
Executive Vice President-Chief Financial Officer Senior Vice President and General Counsel
AFFILIATE AGENCY OF OHIO, INC. BEAK AND WIRE CORPORATION (THE).
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
COLONIAL INSURANCE COMPANY
CALIFORNIA CASH MANAGEMENT COMPANY OF WISCONSIN
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
FINANCIAL HORIZONS DISTRIBUTORS AGENCY FINANCIAL HORIZONS DISTRIBUTORS AGENCY
OF ALABAMA, INC. OF OHIO, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
FINANCIAL HORIZONS DISTRIBUTORS AGENCY FINANCIAL HORIZONS DISTRIBUTORS AGENCY
OF OKLAHOMA, INC. OF TEXAS, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
FINANCIAL HORIZONS SECURITIES CORP. GATES, XXXXXXXX & COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX Xxxxx
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
GATES, XXXXXXXX & COMPANY OF NEW
GATES, XXXXXXXX & COMPANY OF NEVADA YORK, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
GATESMCDONALD HEALTH PLUS, INC. INSURANCE INTERMEDIARIES, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ R. XXX XXXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx R. Xxx Xxxxxx
Senior Vice President and General Counsel President
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LANDMARK FINANCIAL SERVICES OF
NEW YORK, INC. LONE STAR GENERAL AGENCY, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
MRM INVESTMENTS, INC. NEW, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONAL PREMIUM & BENEFIT
NATIONAL CASUALTY COMPANY ADMINISTRATION COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ XXXXXX X. XXXXXXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx Xxxxxx X. XxXxxxxxx
Senior Vice President and General Counsel Executive Vice President-Law and Corporate
Services and Secretary
NATIONWIDE ADVISORY SERVICES, INC. NATIONWIDE AGENCY, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ XXXXXX X. XXXXXXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx Xxxxxx X. XxXxxxxxx
Senior Vice President and General Counsel Secretary
NATIONWIDE AGRIBUSINESS INSURANCE
COMPANY NATIONWIDE CASH MANAGEMENT COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONWIDE COMMUNITY URBAN
NATIONWIDE COMMUNICATIONS INC. REDEVELOPMENT CORPORATION
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONWIDE FINANCIAL INSTITUTIONS
NATIONWIDE CORPORATION DISTRIBUTORS AGENCY, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONWIDE FINANCIAL SERVICES, INC. NATIONWIDE GENERAL INSURANCE COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
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NATIONWIDE HMO, INC. NATIONWIDE INDEMNITY COMPANY
By: /s/ XXXXXX X. XXXXXXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
Xxxxxx X. XxXxxxxxx W. Xxxxxx Xxxxx
Secretary Senior Vice President and General Counsel
NATIONWIDE INVESTMENT SERVICES
CORPORATION NATIONWIDE INVESTORS SERVICES, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONWIDE LIFE AND ANNUITY INSURANCE
NATIONWIDE LIFE INSURANCE COMPANY COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NATIONWIDE PROPERTY AND CASUALTY
NATIONWIDE MANAGEMENT SYSTEMS, INC. INSURANCE COMPANY
By: /s/ XXXXXX X. XXXXXXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
Xxxxxx X. XxXxxxxxx W. Xxxxxx Xxxxx
Secretary Senior Vice President and General Counsel
NEA VALUEBUILDER INVESTOR SERVICES OF
NEA VALUEBUILDER INVESTOR SERVICES, INC. ALABAMA, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NEA VALUEBUILDER INVESTOR SERVICES OF NEA VALUEBUILDER INVESTOR SERVICES OF
ARIZONA, INC. MONTANA, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NEA VALUEBUILDER INVESTOR SERVICES OF NEA VALUEBUILDER INVESTOR SERVICES OF
NEVADAA, INC. OHIO, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
NEA VALUEBUILDER INVESTOR SERVICES OF NEA VALUEBUILDER INVESTOR SERVICES OF
OKLAHOMA, INC. TEXAS, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ XXXXXX X. XXXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx Xxxxxx X. Xxxxxx
Senior Vice President and General Counsel President
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NEA VALUEBUILDER INVESTOR SERVICES OF NEA VALUEBUILDER SERVICES INSURANCE
WYOMING, INC. AGENCY, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
PEBSCO OF MASSACHUSSETTS INSURANCE
AGENCY, INC. PEBSCO OF TEXAS, INC.
By: /s/ W. XXXXXX XXXXX By: /s/ XXXXXX X. XXXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx Xxxxxx X. Xxxxxx
Senior Vice President and General Counsel President
PUBLIC EMPLOYEES BENEFIT SERVICES PUBLIC EMPLOYEES BENEFIT SERVICES
CORPORATION CORPORATION OF ALABAMA
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
PUBLIC EMPLOYEES BENEFIT SERVICES PUBLIC EMPLOYEES BENEFIT SERVICES
CORPORATION OF ARKANSAS CORPORATION OF MONTANA
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
PUBLIC EMPLOYEES BENEFIT SERVICES
CORPORATION OF NEW MEXICO SCOTTSDALE INDEMNITY COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
SCOTTSDALE INSURANCE COMPANY TIG COUNTRYWIDE INSURANCE COMPANY
By: /s/ W. XXXXXX XXXXX By: /s/ W. XXXXXX XXXXX
------------------------------------------------ -----------------------------------------
W. Xxxxxx Xxxxx W. Xxxxxx Xxxxx
Senior Vice President and General Counsel Senior Vice President and General Counsel
