AMENDMENT NO. [ ]
Item 30. Exhibit (g) vii. b. 3.
AMENDMENT NO. [ ]
(this “Amendment”)
to the
MM MODIFIED COINSURANCE AGREEMENT (VL BUSINESS)
Dated as of December 29, 2016
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
(the “Cedant”)
and
SWISS RE LIFE & HEALTH AMERICA INC.
(the “Reinsurer”)
Reinsurer Treaty ID: [ ]
Effective July 1, 2021 (the “Amendment Effective Date”), the Cedant and the Reinsurer agree to amend the Agreement in the following manner:
1. | Amendment to Section 1.1 of the Agreement. |
The definition of “Monthly Accounting Period” is hereby deleted and restated as follows (any reference in the Agreement to “Monthly Accounting Period” shall be updated with the below restated defined term):
“Quarterly Accounting Period” means each calendar-quarter period ending after the Effective Time and prior to the termination of this Agreement; provided, that (a) the initial Quarterly Accounting Period shall commence at the Effective Time and (b) the final Quarterly Accounting Period shall commence with the first calendar day of the applicable calendar quarter and end at the end of the Termination Date.
2. | Amendment to Schedule 1.1(a)(i) of the Agreement. Schedule 1.1(a)(i) of the Agreement is hereby amended and restated in its entirety as follows: |
SCHEDULE 1.1(a)(i)
Cedant Net Settlement Dispute Representatives
3. | Amendment to Schedule 1.1(a)(ii) of the Agreement. Schedule 1.1(a)(ii) of the Agreement is hereby amended and restated in its entirety as follows: |
SCHEDULE 1.1(a)(ii)
Reinsurer Net Settlement Dispute Representatives
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IN WITNESS WHEREOF, both Parties hereby execute this Amendment:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | |||
By: | /s/ Xxxx Xxxxxx | Date: September 30, 2021 | |
Xxxx Xxxxxx | |||
Head of Reinsurance Development | |||
SWISS RE LIFE & HEALTH AMERICA INC. | |||
By: | /s/ Xxx X’Xxxx | Date: September 30, 2021 | |
Xxx X’Xxxx | |||
Vice President | |||
By: | /s/ Xxxxxxx Xxxxx | Date: September 29, 2021 | |
Xxxxxxx Xxxxx | |||
Senior Vice President |
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