Exhibit 10.20(a3)
SECOND AMENDMENT
TO
MASTER AGREEMENT
This Second Amendment to Master Agreement (the "Amendment") is entered into
by and among The Ohio Life Insurance Company, an Ohio corporation ("Ohio Life"),
The Ohio Casualty Insurance company, an Ohio corporation ("Ohio Casualty"),
Xxxxxxx Life, Inc., a Missouri corporation ("ALI"), and Great Southern Life
Insurance Company, a Texas corporation ("Great Southern"). Ohio Life and Ohio
Casualty are referred to collectively herein as "Ohio", and ALI and Great
Southern are referred to collectively herein as "Xxxxxxx".
WITNESSETH:
WHEREAS, the parties originally entered into a Master Agreement on July 31,
1995, which was subsequently amended by the First Amendment to Master Agreement
as of October 2, 1995 (collectively hereinafter, the "Master Agreement"); and
WHEREAS, the parties now desire to amend certain provisions of the Master
Agreement, as provided in this Amendment;
NOW, THEREFORE, for and in consideration of the premises and the mutual
agreements, representations and warranties contained in this Amendment, and for
other consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:
1. Modification of Reinsured Business.
A portion of the Reinsured Business (as that term is defined in the Master
Agreement) relates to a deferred compensation program established by Ohio for
certain agents (the "Deferred Comp Program"). The accounts comprising the
Deferred Comp Program are identified in Exhibit 1, which is attached hereto and
incorporated herein by this reference (the "Deferred Comp Program Accounts").
Effective April 1, 1997, the Deferred Comp Program Accounts shall cease to be
Reinsured Business, as that term is defined in and for all purposes of the
Master Agreement.
2. No Other Revisions. Except only as provided in this Amendment, all terms
and conditions of the Master Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
by their respective officers by all requisite corporate and other actions and
approval as of November 17, 1997.
THE OHIO LIFE INSURANCE COMPANY
By
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Name Xxxxxx X. Patch
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Title Vice Chairman and President
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THE OHIO CASUALTY INSURANCE COMPANY
By
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Name Xxxxxx X. Patch
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Title Vice Chairman and President
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XXXXXXX LIFE, INC.
By
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Name Xxxx X. Xxxxxxx
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Title Senior Vice Pres. & Chief Financial Officer
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GREAT SOUTHERN LIFE INSURANE
COMPANY.
By
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Name Xxxxx Xxxxxxxx
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Title Senior Vice Pres. & Assistant Treasurer
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