EXHIBIT 10.33
AMENDMENT NUMBER 3 TO THE
AUTOMATIC REINSURANCE AGREEMENT NO. 1
(REFERRED TO AS THE AGREEMENT)
BETWEEN
WESTERN RESERVE LIFE ASSURANCE CO. OF OHIO
ST. PETERSBURG, FLORIDA
(REFERRED TO AS THE REINSURED)
AND
WMA LIFE INSURANCE COMPANY LIMITED
XXXXXXXX, BERMUDA
(REFERRED TO AS THE REINSURER)
I. The Reinsurer, WMA LIFE INSURANCE COMPANY LIMITED, has changed its name
to "GLOBAL PREFERRED RE LIMITED" effective as of September 18, 2001.
II. The provision entitled "Producer" in ARTICLE II, DEFINITIONS, is hereby
deleted effective as of June 1, 2001 and the following substituted
therefor:
"Producer" means WMA Securities, Inc. (and/or its successors) and its
affiliates, World Financial Group, Inc. (and/or its successors) and
World Group Securities, Inc. (and/or its successors).
Except as expressed herein, all terms, covenants and provisions of the Automatic
Reinsurance Agreement No. 1, as amended, that are not in conflict with the
provisions of this amendment shall remain unaltered and in full force and
effect.
In witness of the above, the Reinsured and the Reinsurer, by their respective
officers have executed this amendment in duplicate at the dates and places
indicated.
WESTERN RESERVE LIFE ASSURANCE GLOBAL PREFERRED RE LIMITED
CO. OF OHIO
at St. Petersburg, FL at Duluth, Georgia
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on December 31, 2001 on December 31, 2001
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By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxx X. XxXxxxxx
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Title: VP and Managing Actuary Title: President and Actuary
By: /s/ ILLEGIBLE By: /s/ Xxxxxx X. XxXxxxx
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Attest: Attest: Director, Financial Projects