AMENDMENT #1 TO
RETAIL FUND PARTICIPATION AGREEMENT
THIS AMENDMENT is made and entered into as the 20 day of April, 2006, by
and among HARTFORD LIFE INSURANCE COMPANY (hereinafter the "Company"), on its
own behalf and on behalf of each separate account of the Company set forth in
SCHEDULE A hereto, as may be amended from time to time (each such account
hereinafter referred to as a "SEPARATE ACCOUNT"), and MUNDER SERIES TRUST and
MUNDER SERIES TRUST II (f/k/a The Munder Framlington Funds Trust) (hereinafter
the "FUNDS"), each on its own behalf and on behalf of each separate series of
the Funds set forth in SCHEDULE A hereto, as may be amended from time to time.
WITNESSETH:
WHEREAS, beneficial interests in the Funds are divided into several series
of shares, each representing the interest in a particular managed portfolio of
securities and other assets (the "PORTFOLIOS"); and
WHEREAS, the Company issues certain group variable annuity contracts and
group funding agreements (the "CONTRACTS") in connection with retirement plans
intended to meet the qualification requirements of Sections 401, 403(b) or 457
of the Internal Revenue Code of 1986, as amended (the "CODE"); and
WHEREAS, the parties have entered into a Retail Fund Participation
Agreement (the "Agreement") dated as of November 1, 2004 pursuant to which the
Company purchases Class A and/or Class Y shares in the Portfolios set forth in
SCHEDULE A on behalf of each corresponding Separate Account set forth on such
SCHEDULE A to fund the Contracts and provides certain shareholder services to
customers of the Company; and
WHEREAS, the parties desire to add Class R shares of the Portfolios as
eligible investments for the Separate Accounts.
NOW, THEREFORE, in consideration of their mutual promises, the Company and
the Funds agree as follows:
1. All capitalized terms used herein and not otherwise defined shall
have the meanings ascribed to them in the Agreement.
2. SCHEDULE A to the Agreement is hereby deleted and replaced in its
entirety with the attached SCHEDULE A.
3. SCHEDULE B to the Agreement is hereby deleted and replaced in its
entirety with the attached SCHEDULE B.
4. All remaining provisions of the Agreement shall remain in full
force and effect.
[Signatures Appear on the Following Page]
IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment
to be executed in its name and behalf by its duly authorized representative as
of the date first written above.
HARTFORD LIFE INSURANCE COMPANY MUNDER SERIES TRUST
MUNDER SERIES TRUST II
(f/k/a/ The Munder Framlington Funds Trust)
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxxxxx Xxxx West
----------------------------------- ---------------------------------------
Name: Xxxxxxx X. Xxxx Name: Xxxxxxx Xxxx West
----------------------------------- ---------------------------------------
Title: Assistant Vice President Title: Asst. Secretary
----------------------------------- ---------------------------------------
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DATED: APRIL 20, 2007
SCHEDULE A
SEPARATE ACCOUNTS
Each Separate Account established by resolution of the Board of Directors of the
Company under the insurance laws of the State of Connecticut to set aside and
invest assets attributable to the Contracts. Currently, those Separate Accounts
are as follows:
401 MARKET
----------
K, K1, K2, K3, K4
TK, TK1, TK2, TK3, TK4
VK, VK1, VK2, VK3, VK4
UK, XX0, XX0, XX0, XX0
403 AND 457 MARKETS
-------------------
DCI, DCII, DCIII, DCIV, DCV, DCVI, 457, 403, UFC,
Eleven
CLASS A CLASS A CLASS Y CLASS Y CLASS R CLASS R
FUND CUSIP SYMBOL CUSIP SYMBOL CUSIP SYMBOL
-------------------------------------- --------- -------- --------- ------- --------- -------
Asset Allocation Fund - Balanced 626129647 MUBAX 626129662 MUBYX 626127104 MUBRX
Bond Fund 626129423 MUCAX 626129449 MUCYX N/A N/A
Cash Investment Fund 626129308 MIAXX 626129100 MIYXX N/A N/A
Energy Fund 626125819 MPFAX 626125769 MPFYX N/A N/A
Healthcare Fund 626120703 MFHAX 626120828 MFHYX 626127203 MHCRX
Index 500 Fund 626129761 MUXAX 626129787 MUXYX 626127609 MUXRX
Intermediate Bond Fund 626129555 MUMAX 626129571 MUMYX N/A N/A
International Bond Fund 626124671 MIBAX 626124697 MIBYX N/A N/A
International Equity Fund 626129738 MUIAX 626129753 MUIYX N/A N/A
Internet Fund 626124648 MNNAX 626124291 MNNYX 626127401 MNNRX
Large-Cap Core Growth Fund 626124200 MUSAX 626124309 MUSYX 626127823 MUSRX
Large-Cap Value Fund 626129688 MUGAX 626129712 MUGYX 626127815 MUGRX
Micro-Cap Equity Fund 626124572 MMEAX 626124531 MMEYX 626127708 MMERX
Mid-Cap Core Growth Fund 626124283 MGOAX 626124242 MGOYX 626127302 MMSRX
Real Estate Equity Investment Fund 626124887 MURAX 626124861 MURYX N/A N/A
Small-Mid Cap Fund 626127880 MASMX 626127849 MSMYX 626127831 MSMRX
Small-Cap Value Fund 626124630 MNVAX 626124580 MCVYX 626127500 MSCRX
Technology Fund 626124184 MTFAX 626124226 MTFYX N/A N/A
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DATED: APRIL 20, 2007
SCHEDULE B
In consideration of the services provided by the Company pursuant to this
Agreement, the Funds agree to pay the Company an amount equal to the following
basis points per annum on the average aggregate amount invested by the Company's
Separate Account(s) in the applicable class of each Portfolio under the Fund
Participation Agreement, except that no fee shall by payable with respect to
assets invested in the Index 500 Fund or the Cash Investment Fund:
Class A shares: 20 basis points
Class R shares: 25 basis points
Class Y shares: 25 basis points
The Funds agree to pay or cause to be paid all fees within thirty (30) days
following the receipt of a notice from Company that is accompanied by a
statement showing the total number of accounts and assets invested in each
Portfolio by each Separate Account and the calculation of the fees payable under
this Agreement. Notice to the Funds will be sent by the Company within a
reasonable time following the completion of the period for which payment is
sought. Notwithstanding the foregoing, the Funds may request back-up
documentation that supports the fee calculation with fifteen (15) days after
receipt of the billing notice. The review by the Funds of the back-up
documentation shall not exceed fifteen (15) business days.
In addition, provided that the party responsible for the sale of Class A or
Class R shares within the Contracts, including without limitation Company or its
affiliates (each, a "Seller"), has entered into a Dealer Agreement with the
Underwriter or its successor, the Funds will pay or cause to be paid to such
Seller all 12b-1 fees paid with respect to such Class A or Class R shares in
accordance with the Funds' current payout schedule. Subject to change without
notice, as of the date of this Schedule B, the Funds pay or cause to be paid
12b-1 fees as follows:
CLASS A CLASS R
FUND(S) 12b-1 FEES 12b-1 FEES
-------------------------------- ---------- ----------
All Funds except Index 500 Fund 0.25% 0.50%
Index 500 Fund 0.15% 0.50%
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