SALES OPERATIONS AND GENERAL AGENT AGREEMENT
COMMISSIONS SCHEDULE A
This Schedule A is to be attached to and made a part of the Sales Operations and
General Agent Agreement between Sun Life Assurance Company of Canada (U.S.) [Sun
Life of Canada (U.S.)], Clarendon Insurance Agency, Inc. (Clarendon), Selling
Broker-Dealer and General Agent.
This Commission Schedule is not intended to replace any Commission Schedule,
whether currently in effect or subsequently issued, between General Agent and
Sun Life of Canada (U.S.) covering the sale of products issued by Sun Life of
Canada (U.S.) other than those listed below. This Commission Schedule shall
remain in effect until such time as Sun Life of Canada (U.S.) notifies General
Agent in writing that a new Commission Schedule shall take effect with respect
to the Plan(s) listed below.
Commissions will be paid to the General Agent (or to Broker-Dealer if required
by law) in the percentages shown below.
First Year Excess Renewal
Plan Premium Premium Premium
---- ------- ------- -------
yrs. 2- 10
Futurity Variable
Universal Life Insurance 75% 1.5 1.5
Trail Commission: Trail Commissions will be computed at an annual rate of .10%
of the average account value for the previous policy year and paid annually
beginning when the policy has been in effect for 25 months.
Trail Commissions will be paid only if the contract is in force on the date the
commission is payable.
Commission Chargeback: In the event that a contract for which a commission has
been paid is surrendered by the contract owner, is lapsed or returned pursuant
to the so-called "right of return period" provision of the contract, the
following percentage of commission will be due to Sun Life of Canada (U.S.) from
all entities which received commissions.
Chargeback Schedule
Month Percentage
1-6 100
7-12 50
