EX-7.h
AMENDMENT NO. 10
to the
VARIABLE ANNUITY GMIB REINSURANCE AGREEMENT
EFFECTIVE JANUARY 1, 2002
Between
XXXXXXX NATIONAL LIFE INSURANCE COMPANY
("CEDING COMPANY")
and
ACE TEMPEST LIFE REINSURANCE LTD.
("REINSURER")
Effective January 16, 2007, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that
the Agreement will be amended to reflect the addition of new investment funds
and updated fund names, and to accept the inclusion of four contracts issued
after the treaty closed for new business. To effect these changes, the following
provisions of this Agreement are hereby amended:
o Article III, EFFECTIVE DATE, TERM, AND TERMINATION, Amendment #7, is
hereby replaced by the attached Article III.
o Schedule B-2, SUBACCOUNTS SUBJECT TO THIS REINSURANCE AGREEMENT,
Amendment #9, is hereby replaced by the attached Schedule B-2.
Xxxxxxx National Life Insurance Company ACE Tempest Life Reinsurance Ltd.
By XXXX X. XXXXX By XXXX XXXXX
------------- ----------
Name Xxxx X. Xxxxx Name Xxxx Xxxxx
Title SVP & Chief Actuary Title SVP and Chief Pricing Officer
------------------- -----------------------------
Date January 22, 2007 Date Jan 15, 2007
---------------- ------------
ARTICLE III - EFFECTIVE DATE, TERM AND TERMINATION
A. This Agreement covers individual ANNUITY CONTRACTs issued by the CEDING
COMPANY that:
(i) are among the CONTRACT TYPES identified by form in Schedule B-1;
(ii) have accounts invested in the investment funds listed in Schedule B-2;
(iii) are issued on and after the EFFECTIVE DATE and prior to the date this
Agreement terminates for new ACTIVE CONTRACTS;
(iv) are issued within the limits and rules described in Schedule C-1 and
C-2;
(v) are in compliance with all of the other terms and provisions of this
Agreement; and
(vi) have elected to purchase the Guaranteed Minimum Income Benefit, as
described in Schedule A; and
(vii) are ACTIVE CONTRACTS.
The Agreement remains effective for ACTIVE CONTRACTS subject to the terms
and conditions of this Agreement, through the TERMINATION DATE, unless
terminated pursuant to the paragraphs listed below.
B. This Agreement will terminate for new ACTIVE CONTRACTS issued by the CEDING
COMPANY on the earlier of (i) February 28, 2005 or (ii) the date that
cumulative RETAIL ANNUITY PREMIUMS exceed the limits provided in Schedule
C-2, Paragraph 4. Notwithstanding the above, the following four contracts
issued after February 28, 2005 are accepted under this treaty: 009199790A,
009200239A, 009204723A, and 009202865A.
C. This Agreement will terminate with respect to each ACTIVE CONTRACT subject
to it, as of the last date of the REINSURANCE TERM for each ACTIVE
CONTRACT.
D. The CEDING COMPANY shall have the option of terminating this Agreement for
new business, existing business, or both, by giving ninety (90) days
advance notice to the REINSURER, after the occurrence of any of the
following:
1. The REINSURER's Standard and Poor's Rating is reduced to a "BBB" or
lower. The REINSURER must report any adverse change in Standard and
Poor's Rating to CEDING COMPANY within fifteen (15) days of the change.
Any notice of termination given by the CEDING COMPANY due to such
rating reduction shall be deemed withdrawn if the REINSURER'S Standard
and Poor's Rating is restored to a level higher than "BBB" during the
90 day notice period;
2. An order is entered appointing a receiver, conservator or trustee for
management of the REINSURER or a proceeding is commenced for
rehabilitation, liquidation, supervision or conservation of the
REINSURER;
3. The REINSURER's U.S. GAAP surplus position is reduced to 75% or less of
its U.S. GAAP surplus position as of December 31, 2000. The REINSURER
must report such a reduction within fifteen (15) days after it occurs.
The REINSURER's surplus position as of December 31, 2000 is provided in
Schedule H. Any notice of termination given by the CEDING COMPANY due
to such surplus reduction shall be deemed withdrawn if the REINSURER'S
U.S. GAAP surplus position is restored to a level higher than 75% of
its U.S. GAAP surplus position as of December 31, 2001 during the 90
day notice period.
E. The REINSURER shall have the option of terminating this Agreement for new
business, existing business or both by giving ninety (90) days advance
written notice to the CEDING COMPANY after the occurrence of any of the
following:
1. The CEDING COMPANY fails to provide timely submissions of all material
data required to be provided in accordance with Schedule G, provided
that the REINSURER's notice of termination identifies whether new
contracts, existing contracts or both will be terminated and provided
further that the REINSURER's notice of termination shall be deemed
withdrawn if the CEDING COMPANY, within 90 days after the date the
REINSURER's notice of termination is given, provides to the REINSURER
all data submissions then in arrears.
2. The CEDING COMPANY fails to pay a premium due on or before the
REMITTANCE DATE. In the event that a premium due is not paid by the
REMITTANCE DATE, the REINSURER shall have the right to terminate this
Agreement by giving ninety (90) days advance notice of termination to
the CEDING COMPANY. If all premiums in default and interest in
accordance with Article III, Paragraph F are received by the REINSURER
within the ninety (90) day notice period, the Agreement will remain in
effect and the notice of termination deemed withdrawn. As of the close
of the last day of the ninety (90) day notice period, the REINSURER'S
liability for all risks reinsured associated with the defaulted
premiums under this Agreement will terminate.
F. Except as otherwise provided herein, upon termination of this Agreement for
existing business, the REINSURER shall have no reinsurance liability with
respect to any ANNUITY CONTRACT. Notwithstanding termination of reinsurance
as provided herein, the REINSURER shall continue to be liable to the CEDING
COMPANY for all unpaid ADJUSTED GMIB CLAIMS arising as a result of a GMIB
EXERCISE of an ACTIVE CONTRACT made prior to the date this Agreement is
terminated, and the CEDING COMPANY shall continue to be liable to the
REINSURER for all unpaid QUARTERLY REINSURANCE PREMIUMS earned by the
REINSURER, under this Agreement until the date the Agreement is terminated.
Any net amounts due from either party after termination are subject to a
daily interest charge from the REMITTANCE DATE until the date paid. The
daily interest rate is equal to 1/365 times the sum of (1) the 3 month
LIBOR rate on the preceding MONTHLY VALUATION DATE, as published in the
Wall Street Journal, and (2) 1.00%.
ARTICLE III AMENDMENT #. 10
SCHEDULE B-2
Subaccounts Subject to this Reinsurance Agreement
----------------------------------------------------- -------------------------------------------------------- ---------------------
FUND NAME COMMENT PRODUCT AVAILABILITY
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/AIM Large Cap Growth Fund 2/18/2004 merged with JNL/AIM Premier Equity II Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/AIM Real Estate Fund New 5/2/05
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/AIM Small Cap Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxx Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Credit Suisse Global Natural Resources New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Credit Suisse Long/Short New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Eagle Core Equity Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Eagle SmallCap Equity Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/FMR Balanced Fund Subadvisor changed from Janus on 2/18/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/FMR Mid-Cap Equity Fund Subadvisor changed from Janus on 2/18/04. Name changed All
from JNL/FMRCapital Growth Fund effective 5/1/2006
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Franklin Xxxxxxxxx Founding Strategy New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Franklin Xxxxxxxxx Global Growth New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Franklin Xxxxxxxxx Income Fund New fund effective 5/1/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Franklin Xxxxxxxxx Mutual Shares New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Franklin Xxxxxxxxx Small Cap Value Fund New 5/2/05
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxxx Sachs Mid Cap Value Fund New 5/2/05
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxxx Xxxxx Short Duration Bond Fund New fund effective 5/1/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/JPM International Equity Fund Named changed from JNL/Xxxxxx International Equity
Fund on 5/2/05
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/JPMorgan International Value Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Lazard Emerging Markets Fund New fund effective 5/1/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Lazard Mid Cap Value Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Lazard Small Cap Value Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management 25 Fund Subadvisor changed from Curian effective 2/18/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management Bond Index
Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management
Communications Sector Fund Subadvisor changed from Curian effective 2/18/04 All
----------------------------------------------------- -------------------- ----------------------------------- ---------------------
----------------------------------------------------- -------------------- ----------------------------------- ---------------------
JNL/ Mellon Capital Management
Consumer Brands Sector Fund Subadvisor changed from Curian effective 2/18/04 All
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
JNL/ Mellon Capital Management Oil Subadvisor changed from Curian effective 2/18/04. All
& Gas Sector Fund Name changed from JNL/Mellon Capital Mangement Energy
Sector Fund on 5/2/05
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
JNL/Mellon Capital Management Enhanced Subadvisor was Curian between 12/15/03 and 2/18/04 All
S&P 500 Stock Index Fund and JPMorgan prior to 12/15/03
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
----------------------------------------------------- --------------------- ---------------------------------- ---------------------
JNL/ Mellon Capital Management Financial Subadvisor changed from Curian effective 2/18/04 All
Sector Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Global All
15 Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management International All
Index Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management JNL 5 Fund Effective 10/4/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management JNL Optimized 5
Fund New fund effective 5/1/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Healthcare Sector Subadvisor changed from Curian effective 2/18/04. Name All
Fund changed from JNL/Mellon Capital Mangement
Pharmaceutical/Healthcare Sector Fund on 5/2/05
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management S&P (R) 24 Fund New fund effective 5/1/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management S&P 400 MidCap Index Subadvisor was Curian between 12/15/03 and 2/18/04 and All
Fund Mellon Capital Management prior to 12/15/03
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- ------------------------------------------------------------------------------
JNL/Mellon Capital Management S&P 500 Index Fund Subadvisor was Curian between 12/15/03 and 2/18/04 and All
Mellon Capital Management prior to 12/15/03
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Select Small-Cap Fund Subadvisor changed from Curian effective 2/18/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management Small Cap Index Fund Subadvisor was Curian between 12/15/03 and 2/18/04 and All
Mellon Capital Management prior to 12/15/03
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Technology Sector Subadvisor changed from Curian effective 2/18/04 All
Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Mellon Capital Management Xxx XX Dividend New fund effective 1/17/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Dowsm 10 Fund Name changed effective 1/17/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management S&P(R) 10 Fund Name changed effective 1/17/2006 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management VIP Fund Effective 10/4/2004 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Nasdaq(R) 15 Fund Effective 10/4/2004 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/ Mellon Capital Management Value Line(R) 25 Effective 10/4/2004 All
Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxxxxxxx Global Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxxxxxxx Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/PIMCO Real Return New 1/16/2007 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/PIMCO Total Return Bond Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/PPM America Value Equity Name changed from JNL/Xxxxxx Value Equity Fund on All
1/16/2007
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxx Equity Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Xxxxxx Xxxxxx Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Disciplined Moderate New 1/16/2007 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Disciplined Moderate Growth New 1/16/2007 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Disciplined Growth New 1/16/2007 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Managed Growth Fund Prior to 10/4/04 named JNL/S&P Moderate Growth Fund I. All
On 10/4/04 merged with JNL/S&P Core Index 100 Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Managed Aggressive Growth Fund Prior to 10/4/04 named JNL/S&P Aggressive Growth Fund I. All
On 10/4/04 merged with JNL/S&P Equity Growth Fund I,
JNL/S&P Equity Aggressive Growth Fund I, JNL/S&P Very
Aggressive Growth Fund I, JNL/S&P Core Index 50 Fund,
and JNL/S&P Core Index 75 Fund
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Managed Conservative Fund Effective 10/4/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Managed Moderate Fund Effective 10/4/04 All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Managed Moderate Growth Fund Prior to 10/4/04 named JNL/S&P Conservative Growth
Fund I All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Retirement Income New fund effective 1/17/2006 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Retirement 2015 New fund effective 1/17/2006 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Retirement 2020 New fund effective 1/17/2006 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/S&P Retirement 2025 New fund effective 1/17/2006 All but Fifth Third
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Select Balanced Fund Prior to 10/4/04 named JNL/PPM America Balanced Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Select Global Growth Fund Formerly JNL/Janus Global Equities Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Select Large Cap Growth Fund Formerly JNL/Janus Aggressive Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Select Money Market Fund Prior to 10/4/04 named JNL/PPM America Money Market
Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Select Value Fund Prior to 10/4/04 named PPM JNL/PPM America Value Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/X. Xxxx Price Established Growth Fund JNL/Alliance Capital Growth Fund was merged with this
fund 5/2/05. All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/X. Xxxx Price Mid-Cap Growth Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/X. Xxxx Price Value Fund All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Western Asset High Yield Bond Fund Effective 10/4/04. JNL/PPM America High Yield Bond Fund All
was merged into this on 10/4/04. Name changed from
JNL/Salomon Brothers High Yield Bond Fund effective
5/1/2006 and from JNL/Western High Yield Bond Fund
effective 1/16/2007.
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Western Asset Strategic Bond Fund Formerly JNL/Salomon Brothers Global Bond Fund. Name All
changed from JNL/Salomon Brothers Strategic Bond Fund
effective 5/1/2006 and from JNL/Western Strategic Bond
Fund effective 1/16/2007.
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
JNL/Western Asset U.S. Govt. & Quality Bond Fund Name changed from JNL/Salomon Brothers U.S. Govt. & All
Quality Bond Fund effective 5/1/2006 and from
JNL/Western U.S. Govt. & Quality Bond Fund effective
1/16/2007.
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Fifth Third Balanced VIP Fund Fifth Third Only
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Fifth Third Disciplined Value VIP Fund Fifth Third Only
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Fifth Third Mid Cap VIP Fund Fifth Third Only
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Fifth Third Quality Growth VIP Fund Fifth Third Only
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
------------------------------------------------------------------------------------------------------------------------------------
JNL GENERAL ACCOUNT
------------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Guaranteed Five Year Fixed All but Focus
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
12 Month DCA All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
6 Month DCA All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Guaranteed One Year Fixed All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Guaranteed Seven Year Fixed All but Focus
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
Guaranteed Three Year Fixed All
----------------------------------------------------- -------------------------------------------------------- ---------------------
----------------------------------------------------- -------------------------------------------------------- ---------------------
S&P 500 Composite Stock Price Index - 9 Year Period Only available prior to 10/4/04 Perspective II and
Fifth Third
-------------------------------------------------------------------------- ---------------------------------------------------------
JNL ACE 2002 TREATY SCHEDULE B-2 AMENDMENT # 10
