August 14, 2006 Annuity Investors Life Insurance Company Attn: James Henderson, Vice President 525 Vine Street, 20th Floor Cincinnati, OH 45202 Re: Action Requested — Distribution, Shareholder Servicing, Administrative Servicing and Fund/SERV...
Exhibit
(8)(gg)
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Xxxxxx, XX 00000
August 14, 2006
Annuity Investors Life Insurance Company
Attn: Xxxxx Xxxxxxxxx, Vice President
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxxxxxxxxx, XX 00000
Attn: Xxxxx Xxxxxxxxx, Vice President
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxxxxxxxxx, XX 00000
Re: Action Requested — Distribution, Shareholder Servicing, Administrative Servicing and Fund/SERV
Agreements relating to Janus Adviser Series, Xxxxx Xxxxx Series and/or Janus Investment Fund.
Dear Client:
Effective May 23, 2005, the Securities and Exchange Commission adopted Rule 22-c(2) (and as may be
amended from time to time, the “Rule”) of the Investment Company Act of 1940 (the “1940 Act”). The
Rule requires that Janus enter into written agreements with its financial intermediaries (as such
term is defined in the Rule) whereby each such financial intermediary agrees to provide Xxxxx with
certain shareholder identity and transaction information and to carry out certain instructions from
Xxxxx. These requirements are designed to allow Janus to more effectively enforce its market timing
policies in an effort to protect Janus and its shareholders from the harmful effects of short-term
trading.
You (“Intermediary”) are currently party to one or more of the above (or similar) agreements with
one or more of the Janus entities (all such agreements of which you are currently a party are
collectively referred to herein as the “Current Agreements”). In order to comply with the Rule,
Janus and Intermediary desire to supplement the Current Agreements pursuant to and in accordance
with this letter agreement (“Letter Agreement”).
For good and valuable consideration, the receipt of which is hereby acknowledged, Xxxxx and
Intermediary hereby agree to supplement the Current Agreements as follows:
1. Shareholder Information
1.1 Agreement to Provide Information. Intermediary agrees to provide Xxxxx,
upon written request, the taxpayer identification number (“TIN”), if known, of any or all
Shareholder(s) of the account and the amount, date, name or other identifier of any
investment professional(s) associated with the Shareholder(s) or account (if known), and
transaction type (purchase, redemption, transfer, or exchange) of every purchase,
redemption, transfer, or exchange of Shares held through an account of Janus maintained by
the Intermediary during the period covered by the request.
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1.1.1 Period Covered by Request. Requests must set forth a specific period, not to exceed
ninety (90) days from the date of the request, for which transaction information is sought. Xxxxx
may request transaction information older than ninety (90) days from the date of the request as it
deems necessary to investigate compliance with policies established by Xxxxx for the purpose of
eliminating or reducing any dilution of the value of the outstanding shares issued by Xxxxx.
1.1.2 Form and Timing of Response. Intermediary agrees to transmit the requested information
that is on its books and records to Janus or its designee promptly, but in any event not later
than five (5) business days, after receipt of a request. If the requested information is not on
the Intermediary’s books and records, Intermediary agrees to: (i) provide or arrange to provide to
Janus the requested information from shareholders who hold an account with an indirect
intermediary; or (ii) if directed by Xxxxx, block further purchases of fund Shares from the
indirect intermediary. In such instance, Intermediary agrees to inform Xxxxx whether it plans to
perform (i) or (ii). Responses required by this paragraph must be communicated in writing and in a
format mutually agreed upon by the parties. To the extent practicable, the format for any
transaction information provided to Janus should be consistent with the NSCC Standardized Data
Reporting Format. For purposes of this provision, an “indirect intermediary” has the same meaning
as provided for in the Rule.
1.1.3 Limitations on Use of Information. Xxxxx agrees not to use the information received for
marketing or any other similar purpose without the prior written consent of the Intermediary.
1.2 Agreement to Restrict Trading. Intermediary agrees to execute written instructions from
Xxxxx to restrict or prohibit further purchases or exchanges of Shares by a Shareholder that has
been identified by Xxxxx as having engaged in transactions of the fund’s Shares (directly or
indirectly through the Intermediary’s account) that violate policies established by Xxxxx for the
purpose of eliminating or reducing any dilution of the value of the outstanding Shares issued by
Xxxxx.
1.2.1 Form of Instructions. Instructions must include the TIN, if known, and the specific
restriction(s) to be executed. If the TIN is not known, the instructions must include an
equivalent identifying number of the Shareholder(s) or account(s) or other agreed upon information
to which the instruction relates.
1.2.2 Timing of Response. Intermediary agrees to execute instructions as soon as reasonably
practicable, but not later than five (5) business days after receipt of the instructions by the
Intermediary.
1.2.3 Confirmation by Intermediary. Intermediary must provide written confirmation to Xxxxx
that instructions have been executed. Intermediary agrees to provide confirmation as soon as
reasonably practicable, but not later than ten (10) business days after the instructions have been
executed.
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1.3 Definitions. For purposes of this Letter Agreement:
1.3.1 The term “Shares” means the interests of Shareholders corresponding to the redeemable
securities of record issued by Xxxxx under the 1940 Act that are held by the Intermediary.
1.3.2 The term “Shareholder” means:
a. the beneficial owner of Shares, whether the Shares are held directly or by the Intermediary in nominee name;
b. as this Letter Agreement relates to retirement plan accounts, the
Plan participant notwithstanding that the Plan may be deemed to be the beneficial owner
of the Shares; and
c. as this Letter Agreement relates to accounts of variable annuities or
variable life insurance contracts, the holder of interest in a variable annuity or variable
life insurance contract issued by the Intermediary.
1.3.3 The term “written” includes electronic writings and facsimile
transmissions.
[Remainder of page intentionally left blank. Signature page follows.]
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Please acknowledge your agreement to this Letter Agreement by signing where indicated below
and return it to the following address:
Janus Distributors LLC
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxxxx
000 Xxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxx Xxxxxxxx
Please address all questions or comments to Xxxxxx Xxxxxxxx at 000-000-0000 or at
xxxxxx.xxxxxxxx@xxxxx.xxx
Sincerely,
/s/ Xxxxxxxx Xxxxxxxxx | ||||
Xxxxxxxx Xxxxxxxxx | ||||
Assistant Vice President | ||||
AGREED AND ACKNOWLEDGED: Annuity Investors Life Insurance Company |
||||
By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Vice President | |||
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