AMENDMENT No. 1 TO THE RETAIL FUND PARTICIPATION AGREEMENT
RETAIL FUND PARTICIPATION AGREEMENT
THIS AMENDMENT (the “Amendment”) is dated as of July 1, 2019 and is executed by and among Xxxxxxx Resolution Life Insurance Company (formerly named Hartford Life Insurance Company) (the “Company”) acting through its administrator and attorney-in-fact, Massachusetts Mutual Life Insurance Company, Xxxxxxx Plan, an open-end diversified management investment company organized under the laws of Delaware (the “Fund”), and Xxxxxxx Partners, Ltd., a Florida limited partnership (the “Underwriter”), (together, the “ parties”). Capitalized terms used and not defined in this Amendment shall have the meaning ascribed to them in the Agreement (as defined below).
WHEREAS, the Company, the Fund, and the Underwriter are parties to that certain Retail Fund Participation Agreement dated January 30, 2010, as amended (the “Agreement”); and
WHEREAS, the parties desire to modify Schedule B of the Agreement and to update certain information referred to in the Agreement relating to the parties.
NOW, THEREFORE, the parties hereto, in consideration of the premises and the mutual covenants contained herein and intending to be legally bound, agree as follows:
1. Schedule B of the Agreement is hereby deleted in its entirety and replaced with Schedule B attached hereto.
2. Section 9.1(a) of ARTICLE IX. Addresses for Notice under Section 9.1 are hereby deleted and replaced with the following:
If to the Company:
Massachusetts Mutual Life Insurance Company
As Administrator for Xxxxxxx Resolution Life Insurance Company
000 Xxxxxx Xxxxxx Xxxx., Xxxxxxx, Xxxxxxxxxxx 00000
Attention: RS Fund Operations, MIP M200-INVST
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
With a copy to:
Law Department
Workplace Solutions, Retirement Operations & Institutional Solutions Law
Massachusetts Mutual Life Insurance Company
MIP: M243
000 Xxxxxx Xxxxxx Xxxx.
Xxxxxxx, Xxxxxxxxxxx 00000
If to the Fund:
Xxxxxxx Plan
0000 Xxxxxxxx Xxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
If to the Underwriter:
Xxxxxxx Partners, Ltd.
0000 Xxxxxxxx Xxxxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
3. This Amendment may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same Amendment.
IN WITNESS WHEREOF, The undersigned have executed this Amendment by their duly authorized officers as of the date above.
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XXXXXXX PARTNERS, LTD |
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By: |
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Name: |
[Redacted] |
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Title: |
In-House Counsel |
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Date Executed: 01/22/20 |
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XXXXXXX RESOLUTION LIFE INSURANCE COMPANY |
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By MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, its Administrator |
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By: |
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Name: |
[Redacted] |
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Title: |
Head of Investment Management |
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Date Executed: 1/23/2020 |
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Schedule B
Dated July 1, 2019
Xxxxxxx Resolution Life Insurance Company (the “Company”)
(Formerly named Hartford Life Insurance Company)
Retail Fund Participation Agreement
In consideration of the services provided by the Company, the Fund agrees 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 each Portfolio under the Fund Participation Agreement, such amounts to be paid via wire or ACH, to the instructions below within 30 days of the end of each calendar quarter. The Fund, or its designee, shall calculate the compensation to be paid to the Company for the fees below and send the Company a statement showing the amount of the compensation to be allocated to each fee.
Wire or ACH instructions are subject to change without necessitating an amendment and any such change will be communicated to the Fund by the Company.
Wire & ACH instructions for Xxxxxxx Resolution 12b-l and Service Fees:
ACH instructions
Bank Of America
Acct Name: Xxxxxxx Resolution Life Insurance Company
ABA # [Redacted]
Acct# [Redacted]
Wiring instructions:
Bank of America
Acct Name: Xxxxxxx Resolution Life Insurance Company
ABA# [Redacted]
Acct# [Redacted]
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Portfolio |
Service Fees |
Rule 12b-1 Fees |
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All Class A Shares |
10 basis points |
25 basis points |
