MINNESOTA MUTUAL LIFE H.R. 10 (▇▇▇▇▇ PLAN) AGREEMENT
--------------------------------------------------------------------------------
WHAT DOES THIS AGREEMENT PROVIDE?
This agreement modifies certain contract provisions when it is used in
connection with a qualified employer plan under the Self-Employed Individuals
Tax Retirement Act of 1962, as amended.
WHEN MAY AN ANNUITANT'S ANNUITY BEGIN?
If the annuitant is or has been an owner-employee, then an annuity may not begin
before the annuitant's actual age 59 1/2. The annuity for such an annuitant
must begin no later than the annuitant's actual age 70 1/2.
WHAT ANNUITY FORMS ARE AVAILABLE?
All of the options provided by this contract are available. However, under
Options 2 and 4 the period certain may not extend beyond the life expectancy of
the annuitant.
MAY THE CONTRACT BE SURRENDERED?
If the annuitant is or has been an owner-employee, the accumulation value may
not be paid before the date of the annuitant's actual age of 59 1/2; unless:
a) the annuitant provides us with satisfactory evidence that he is
disable, as defined in the statutory provisions governing H.R. 10
plans, or
b) we receive written certification than an excess contribution, as
defined in the statutory provisions governing H.R. 10 plans, has been
made to this contract. In such a case a withdrawal for the amount of
the excess contribution may be made.
This agreement is effective as of the original contract date of this contract
unless a different effective date is shown here.
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Secretary
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
President
83-9057 H.R. 10 (▇▇▇▇▇ Plan) Agreement
