AUTOMATIC REINSURANCE AGREEMENT
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
Simsbury, Connecticut
(hereinafter referred to as the CEDING COMPANY)
and
AXA RE LIFE INSURANCE COMPANY
now known as
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
as of September 14, 0000
Xxx Xxxx, Xxx Xxxx
(hereinafter referred to as the REINSURER)
EFFECTIVE MARCH 13, 2000
THIS AGREEMENT WILL BE REFERRED TO AS AGREEMENT NO. 2000-12
CONTENTS
ARTICLES PAGE
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I. Scope of Agreement 3
II. Commencement and Termination of Liability 4
III. Oversights and Clerical Errors 5
IV. Net Amount at Risk 6
V. Reinsurance Premiums 7
VI. Reinsurance Administration 8
VII. Settlement of Claims 9-10
VIII. Reinsurance Credit 11
IX. Recapture Privileges 12
X. Inspection of Records 13
XI. Insolvency 14
XII. Negotiation 15
XIII. Arbitration 16
XIV. Right to Offset Balances Due 17
XV. Contract and Program Changes 18
XVI. Confidentiality 19
XVII. Miscellaneous 20
XVIII. Severability 21
XIX. DAC Tax 22
XX. Duration of Agreement 23
XXI. Execution of Agreement 24
SCHEDULES
A. Plans of Reinsurance
B. Investment Funds
C. Data Layout
EXHIBITS
I. 1994 Variable Annuity MGDB Mortality Table
II. Reinsurance Premiums
III. Benefit Limitation Rule
IV. Confidentiality and Non-Disclosure Agreement
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
2
All provisions of this Agreement are subject to the laws of the State of
Delaware.
ARTICLE I
SCOPE OF AGREEMENT
A. On and after the 13th day of March 2000, the CEDING COMPANY shall
automatically reinsure with the REINSURER and the REINSURER shall automatically
accept, a quota-share percentage (defined in Schedule A) of the mortality net
amount at risk (MNAR) as defined in Article IV, generated prior to termination
(defined in Article II), by the Guaranteed Minimum Death Benefit provisions
within the variable annuity contracts issued by the CEDING COMPANY as set forth
in Schedule A.
B. [REDACTED]
C. [REDACTED]
D. [REDACTED]
E. This Agreement covers only the CEDING COMPANY's contractual liability for
claims paid under variable annuity contract forms specified in Schedule A and
supported by investment funds specified in Schedule B as it may be amended from
time to time, that were submitted to the REINSURER prior to their issuance.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
3
ARTICLE II
COMMENCEMENT AND TERMINATION OF LIABILITY
A. On reinsurance ceded under the terms of this Agreement, the liability of the
REINSURER shall commence simultaneously with that of the CEDING COMPANY. The
liability under this Agreement will terminate either in accordance with the
Duration of Agreement provisions of this Agreement as stated in Article XX, or,
for an individual contract, upon the earliest of the following occurrences
defined in the contract(s) reinsured hereunder:
1. the date the owner elects to annuitize
2. surrender or termination of the contract
3. the CEDING COMPANY's receipt of due proof of death of a single owner
or annuitant where such death triggers the payment of a contractual
death benefit except when spousal continuance has been elected. On
spousal continuance election the REINSURER's liability will be
terminated upon death of the continuing spouse.
4. attainment of the maximum annuity commencement date (as described in
the contract forms shown in Schedule A), not to exceed age 105.
5. Due to the anti-selective nature of the dollar-for-dollar
withdrawals, reinsurance coverage will cease on the first day of the
following month where a withdrawal causes the Account Value of the
contract to fall below four-thousand dollars ($4,000). Once
reinsurance coverage ends for a specific contract, it cannot be
reinstated under this Agreement.
B. The REINSURER shall be liable to reimburse claims only on those deaths where
the actual date of death is on or after March 13, 2000, in accordance with
Article VII.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
4
ARTICLE III
OVERSIGHTS AND CLERICAL ERRORS
A. Should either the CEDING COMPANY or the REINSURER fail to comply with any of
the terms of this Agreement, and if this is shown to be unintentional and the
result of a misunderstanding, oversight or clerical error on the part of either
the CEDING COMPANY or the REINSURER, then this Agreement shall not be deemed
abrogated thereby, but both companies shall be restored to the positions they
would have occupied had no such oversight, misunderstanding or clerical error
occurred. Such conditions are to be reported promptly after discovery and
corrected within an agreed upon time frame.
B. If the CEDING COMPANY or the REINSURER discovers that the CEDING COMPANY did
not cede reinsurance on a contract it should have reinsured under this
Agreement, the CEDING COMPANY will take reasonable and necessary steps to ensure
that similar oversights do not recur. Then this Agreement shall not be deemed
abrogated thereby, but both companies shall be restored to the positions they
would have occupied had the CEDING COMPANY ceded such reinsurance at the
original date. If the REINSURER receives no evidence that the CEDING COMPANY has
taken action to remedy such a situation, the REINSURER reserves the right to
limit its liability to reported contracts only.
C. Any negligent or deliberate acts or omissions by the CEDING COMPANY
regarding the insurance or reinsurance provided are the responsibility of the
CEDING COMPANY and its liability insurer, if any, but not that of the REINSURER.
The previous sentence does not negate the REINSURER's liability under Article
VII, Settlement of Claims, of this Agreement.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
5
ARTICLE IV
NET AMOUNT AT RISK
[REDACTED]
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
6
ARTICLE V
REINSURANCE PREMIUMS
A. The reinsurance premium is a monthly YRT rate which is applied to the
REINSURER's quota-share of the average MNAR over the reporting period on a
contract-by-contract basis, and is equal to one-twelfth (1/12th) of one-hundred
percent (100%) of the 1994 Variable Annuity MGDB Mortality Table (Exhibit I)
which is the 1994 GAM Basic Table increased by ten percent (10%) for margins and
contingencies, without projection. The reinsurance premium is subject to minimum
and maximum asset-based premium rate levels which vary by age at issue or at the
time the Optional Death Benefit (ODB) is elected. ODB elections that occur post
issue date, shall be reinsured hereunder only if this Agreement is open for New
Business at the time of election. Further, for ODB elections issue age is
understood to mean attained age at election.
B. The minimum and maximum asset-based premium rates shall be applied to the
greater of the average aggregate GMDB value and the average aggregate account
value in force over the reporting period multiplied by the quota-share
percentage reinsured by the REINSURER, subject to the maximum MNAR cap set forth
in Article IV. The reporting period is assumed to be monthly.
C. [REDACTED]
D. The annualized reinsurance premium rates are shown in Exhibit II and are
expressed in terms of basis points. In practice, they shall be applied on a
monthly basis by utilizing one-twelfth (1/12th) of the annualized rates.
E. The YRT rate and the minimum/maximum asset-based premium rates shall be
based on the oldest person of a multiple life status.
F. The total reinsurance premium due and payable in the first month shall at
least equal one-thousand-five-hundred dollars ($1,500), in aggregate with all of
the CEDING COMPANY's reinsurance agreements with the REINSURER that cover death
benefits within variable annuities and that contain the same minimum premium
provisions.
G. The monthly reinsurance premium shall be due and payable as described in
Article VI.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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ARTICLE VI
REINSURANCE ADMINISTRATION
A. Within thirty (30) days of the end of each calendar month, the CEDING COMPANY
will furnish the REINSURER with a seriatim electronic report as detailed in
Schedule C, for each contract specified in Schedule A, valued as of the last day
of that month.
B. Additionally, within thirty (30) days of the end of each calendar month, the
CEDING COMPANY will furnish the REINSURER with a separate report summarizing the
following:
1. Reinsurance premiums due the REINSURER separate for each premium
class as shown in Exhibit II
2. Benefit claim reimbursements due the CEDING COMPANY in total and
split by VNAR and SCNAR
C. If the net balance is due to the REINSURER, the amount due shall be remitted
with the report statement. If the net balance is due to the CEDING COMPANY, the
REINSURER shall remit the amount to the CEDING COMPANY within ten (10) days of
receipt of the report.
D. Furthermore, the REINSURER will use the summary data in Schedule C to
calculate and monitor its maximum annual aggregate VNAR liability throughout the
calendar year. Upon the receipt of the final report for the calendar year, the
REINSURER will "true-up" benefit claim reimbursements, if necessary, from the
prior calendar year.
E. Other
1. The REINSURER and the CEDING COMPANY reserve the right to charge
interest on the net balance if (a) below occurs. The REINSURER
reserves the right to charge interest on the net balance if (b)
below occurs. Such interest shall be based on the ninety (90) day
Federal Government Treasury Xxxx as first published by the Wall
Street Journal in the month following the end of the billing period
plus fifty (50) basis points. The method of calculation shall be
simple interest (360-day year).
(a) the net balance due the REINSURER or the CEDING COMPANY is not paid
within sixty (60) days of the due date shown on the statement
(b) the premiums for first year business are not paid within
one-hundred-eighty (180) days of the effective date of the contract
2. The party to whom the net balance is owed will have the right to
terminate this Agreement when net balance payments are not paid for
one-hundred-eighty (180) days from the effective date of the policy
for new business or anniversary date for renewals, by giving ninety
(90) days' written notice of termination to the other party. As of
the close of the last day of this ninety (90) day notice period, the
REINSURER's liability for all risks reinsured associated with the
defaulted payments under this Agreement will terminate. The first
day of the ninety (90) day notice of termination will be the day the
notice is received in the mail by the party in default or if the
mail is not used, the day it is delivered to the party in default.
If all premiums in default are received within the ninety (90) day
time period, the Agreement will remain in effect.
3. Payments between the CEDING COMPANY and the REINSURER may be paid
net of any amount due and unpaid under this Agreement.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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ARTICLE VII
SETTLEMENT OF CLAIMS
A. The claims, calculated as set forth in Article IV, that are eligible for
reimbursement are only those that the CEDING COMPANY is contractually required
to pay on deaths that occur on or after the Effective Date of this Agreement and
subject to benefit limitations as described in Article I.
B. In the event the CEDING COMPANY provides satisfactory proof of claim
liability to the REINSURER, claim settlements made by the CEDING COMPANY shall
be unconditionally binding on the REINSURER. In every case of claim, copies of
the proofs obtained by the CEDING COMPANY will be taken by the REINSURER as
sufficient.
C. Within thirty (30) days of the end of each calendar month, the CEDING
COMPANY shall notify the REINSURER of the reinsured contractual death benefits
paid in that month, based on the net amount at risk definition set forth in
Article IV, and the REINSURER shall reimburse the CEDING COMPANY, as provided in
Article VI, for the reinsured benefits.
D. Settlements by the REINSURER shall be in a lump sum regardless of the mode
of payment made by the CEDING COMPANY.
E. In no event will the REINSURER participate in punitive or compensatory
damages, which are awarded against the CEDING COMPANY as a result of an act,
omission or course of conduct committed solely by the CEDING COMPANY in
connection with the insurance reinsured under this Agreement. The REINSURER
shall, however, pay its share of statutory penalties awarded against the CEDING
COMPANY in connection with insurance reinsured under this Agreement if the
REINSURER elected to join in the contest of the coverage in question.
The parties recognize that circumstances may arise in which equity would require
the REINSURER, to the extent permitted by law, to share proportionately in
certain assessed situations in which the REINSURER was an active party and
directed, consented to, or ratified the act, omission or course of conduct of
the CEDING COMPANY which ultimately resulted in the assessment of the
extra-contractual damages, other than statutory damages. In such situations, the
REINSURER and the CEDING COMPANY shall share such damages so assessed, in
equitable proportions. For the purposes of this provision, the following
definitions will apply:
- "PUNITIVE DAMAGES" are those damages awarded as a penalty, the amount
of which is neither governed nor fixed by statute
- "STATUTORY PENALTIES" are those amounts awarded as a penalty, but
fixed in amount by statute
- "COMPENSATORY DAMAGES" are those amounts awarded to compensate for
the actual damages sustained and are not awarded as a penalty, nor
fixed in amount by statute
If the REINSURER declines to be party to the contest, compromise, or litigation
of a claim, it will pay its full share of the amount reinsured, as if there had
been no contest, compromise, or litigation, and its proportionate share of
covered expenses incurred to the date it notifies the CEDING COMPANY it declines
to be a party.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
9
ARTICLE VII -- SETTLEMENT OF CLAIMS
(continued)
F. In no event will the REINSURER be liable for expenses incurred in connection
with a dispute or contest arising out of conflicting or any other claims of
entitlement to contract proceeds or benefits, provided the REINSURER makes
payment of the amount of reinsurance to the CEDING COMPANY, as described in the
above paragraph.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
10
ARTICLE VIII
REINSURANCE CREDIT
It is the intention of both the REINSURER and the CEDING COMPANY that the CEDING
COMPANY qualify for reinsurance credit in all States for the reinsurance ceded
hereunder. The REINSURER, at its sole cost and expense, shall do all that is
necessary to comply with all State insurance laws and regulations to enable the
CEDING COMPANY to take credit for the reinsurance ceded hereunder, including,
but not limited to, the purchase of a letter of credit and the delivery of any
reports required thereunder.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
11
ARTICLE IX
RECAPTURE PRIVILEGES
The CEDING COMPANY may recapture existing reinsurance in force up to its then
published retention in accordance with the following rules:
A. The CEDING COMPANY will notify the REINSURER of its intent to recapture at
least ninety (90) days prior to any recaptures.
B. No recapture will be made unless reinsurance has been in force for fifteen
(15) years.
C. No recapture will be made unless the total carry-forward, upon the release
of reserves, is not in a negative position. The total carry-forward is defined
as the sum of the carry-forwards of this Agreement and the complementary GMIB
Agreement, if any, that reinsures the same related contracts.
D. The current period carry-forward for each Agreement is defined as the
current period's reinsurance premium, minus all reinsurance claims paid under
this Agreement, minus a two-and-one-half (2.5) basis point annual expense
allowance applied against the average aggregate Account Value, minus the change
in treaty reserves, plus last period's loss carry-forward. The carry-forward
amount is accumulated at the ninety (90) day Federal Government Treasury Xxxx
rate as published in the Wall Street Journal on the first business day of the
current period plus two percent (2%).
E. Upon election, recapture shall occur ratably over a thirty-six (36) month
period (i.e., the initial quota-share percentage reduces 2.78% times the initial
quota-share percentage each month). It is irrevocable once elected.
F. It is the responsibility of the REINSURER to determine the carry-forward,
based on the method described above.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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ARTICLE X
INSPECTION OF RECORDS
A. The REINSURER, or its duly appointed representatives, shall have the right
at all reasonable times and for any reasonable purpose to inspect at the office
of the CEDING COMPANY all records referring to reinsurance ceded to the
REINSURER.
B. Relating to the business reinsured hereunder, the CEDING COMPANY or its duly
appointed representatives shall have the right at all reasonable times and for
any reasonable purpose, to inspect at the office of the REINSURER all records
referring to reinsurance ceded from the CEDING COMPANY.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
13
ARTICLE XI
INSOLVENCY
A. In the event of the insolvency of the CEDING COMPANY, all reinsurance will
be payable on the basis of the liability of the CEDING COMPANY on the policies
reinsured directly to the CEDING COMPANY or its liquidator, receiver or
statutory successor without diminution because of the insolvency of the CEDING
COMPANY.
B. In the event of insolvency of the CEDING COMPANY, the liquidator, receiver
or statutory successor will, within a reasonable time after the claim is filed
in the insolvency proceeding, give written notice to the REINSURER of all
pending claims against the CEDING COMPANY or any contracts reinsured. While a
claim is pending, the REINSURER may investigate and interpose, at its own
expense, in the proceedings where the claim is adjudicated, any defense or
defenses which it may deem available to the CEDING COMPANY or its liquidator,
receiver or statutory successor. The expenses incurred by the REINSURER will be
chargeable, subject to court approval, against the CEDING COMPANY as part of the
expense of liquidation to the extent of a proportionate share of the benefit
which may accrue to the CEDING COMPANY solely as a result of the defense
undertaken by the REINSURER. Where two or more reinsurers are participating in
the same claim and a majority in interest elect to interpose a defense or
defenses to any such claim, the expenses will be apportioned in accordance with
the terms of the Reinsurance Agreement as though such expense had been incurred
by the CEDING COMPANY.
C. Any debts or credits, matured or unmatured, liquidated or unliquidated, in
favor of or against either the REINSURER or CEDING COMPANY with respect to this
Agreement are deemed mutual debts or credits, as the case may be, and will be
offset, and only the balance will be allowed or paid. However, in the event of
liquidation, the REINSURER may offset against undisputed amounts which are due
and payable to the CEDING COMPANY, only those undisputed amounts due the
REINSURER which are not more than one-hundred-eighty (180) days past due at the
date of the court order of liquidation.
D. In the event of insolvency of the REINSURER, the CEDING COMPANY may
recapture immediately all ceded benefits upon written notice to the REINSURER,
its liquidator, receiver or statutory successor. The CEDING COMPANY shall also
have a claim on the REINSURER for any reinsurance credit amounts including
reserves, unearned premiums and other amounts due the CEDING COMPANY on such
reinsurance, at the date of recapture.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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ARTICLE XII
NEGOTIATION
A. Within ten (10) days after one of the parties has given the other the first
written notification of a specific dispute, each party will appoint a designated
officer to attempt to resolve the dispute. The officers will meet at a mutually
agreeable location as early as possible and as often as necessary, in order to
gather and furnish the other with all appropriate and relevant information
concerning the dispute. The officers will discuss the problem and will negotiate
in good faith without the necessity of any formal arbitration proceedings.
During the negotiation process, all reasonable requests made by one officer to
the other for information will be honored. The specific format for such
discussions will be decided by the designated officers.
B. If the officers cannot resolve the dispute within thirty (30) days of their
first meeting, the parties will agree to submit the dispute to formal
arbitration. However, the parties may agree in writing to extend the negotiation
period for an additional thirty (30) days.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
15
ARTICLE XIII
ARBITRATION
A. It is the intention of the CEDING COMPANY and the REINSURER that the customs
and practices of the insurance and reinsurance industry will be given full
effect in the operation and interpretation of this Agreement. The parties agree
to act in all things with the highest good faith. If after the negotiation
required by Article XII, the REINSURER or the CEDING COMPANY cannot mutually
resolve a dispute that arises out of or relates to this Agreement, the dispute
will be decided through arbitration. The arbitrators will base their decision on
the terms and conditions of this Agreement plus, as necessary, on the customs
and practices of the insurance and reinsurance industry rather than solely on a
strict interpretation of the applicable law. There will be no appeal of their
decision, and any court having jurisdiction of the subject matter and the
parties, may reduce that decision to judgement.
B. To initiate arbitration, either the REINSURER or the CEDING COMPANY will
notify the other party in writing of its desire to arbitrate, stating the nature
of its dispute and the remedy sought. The party to which the notice is sent will
respond to the notification in writing within ten (10) days of its receipt.
C. There will be three arbitrators who will be current or former officers of
life insurance companies other than the contracting companies or affiliates
thereof. Each of the contracting companies will appoint one of the arbitrators
and these two arbitrators will select the third. If either party refuses or
neglects to appoint an arbitrator within thirty (30) days, the other party may
appoint the second arbitrator. If the two arbitrators do not agree on a third
arbitrator within thirty (30) days of their appointment, then the appointment of
said arbitrator will be left to the President of the American Arbitration
Association. Once chosen, the arbitrators are empowered to decide all
substantive and procedural issues by majority of votes.
D. It is agreed that each of the three arbitrators should be impartial
regarding the dispute and should resolve the dispute on the basis described in
Section A of this Article.
E. The arbitration hearing will be held on the date fixed by the arbitrators in
New York City. In no event will this date be later than three (3) months after
the appointment of the third arbitrator. As soon as possible, the arbitrators
will establish pre-arbitration procedures as warranted by the facts and issues
of the particular case. At least ten (10) days prior to the arbitration hearing,
each party will provide the other party and the arbitrators with a detailed
statement of the facts and arguments they will present at the arbitration
hearing. The arbitrators may consider any relevant evidence; they will give the
evidence such weight as they deem it entitled to after consideration of any
objections raised concerning it. Each party may examine any witnesses who
testify at the arbitration hearing.
F. The cost of arbitration will be divided between the parties, unless the
arbitrators decide otherwise.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
16
ARTICLE XIV
RIGHT TO OFFSET BALANCES DUE
The CEDING COMPANY and the REINSURER shall have, and may exercise at any time,
the right to offset any balance or balances due one party to the other, its
successors or assignees, against balances due to the other party under this
Agreement provided such amounts are not in dispute in accordance with Article
VI. This right of offset shall not be affected or diminished because of the
insolvency of either party to this Agreement.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
17
ARTICLE XV
CONTRACT AND PROGRAM CHANGES
A. The CEDING COMPANY may amend, substitute, add or delete variable investment
funds to the investment options supporting the annuity contract as described in
the contract general provisions. No such change will be made by the CEDING
COMPANY without prior notification to the REINSURER and without the prior
approval of the Securities and Exchange Commission, if necessary. The CEDING
COMPANY agrees to maintain at all times a satisfactory selection of core
investment options with characteristics similar to those listed in Schedule B.
B. The CEDING COMPANY shall also give the REINSURER advance notice of any other
changes to its annuity product design and/or death benefit design, its contract
level and fund level fees and charges, its distribution systems and/or methods,
or the addition of any riders to any contract forms reinsured hereunder.
C. Should any such change, as stated above, result in a material change in the
underlying risk, the REINSURER shall have the right to modify, for that product
line only, the premium rates by an amount which would reflect the change(s) made
to the contracts in order to restore the REINSURER to its original position. In
the event that reconciliation cannot be addressed via a change in premiums,
changes in other areas may be required and will be subject to mutual agreement.
D. The reinsurance premium structure described above shall remain in effect as
long as the death benefit design, contract fees, mortality and expense charges,
administration fees and contingent deferred sales charges in effect at the
inception of this Agreement remain unchanged.
E. The CEDING COMPANY agrees to provide the REINSURER with all contractholder
communications as though the REINSURER were a contractholder in the State of
Delaware. Such communication includes any items required to be submitted by the
Securities and Exchange Commission or the State of
Delaware including but not
limited to the prospectus and any supplements thereto.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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ARTICLE XVI
CONFIDENTIALITY
A. This Agreement incorporates the confidentiality agreement previously agreed
to between the parties on October 14, 1998 (the "Confidentiality Agreement") a
copy of which is attached hereto as Exhibit IV and hereby incorporated herein.
All matters with respect to this Agreement require the utmost good faith of both
parties. Both the CEDING COMPANY and the REINSURER shall, in accordance with the
terms of the Confidentiality Agreement, hold confidential and not disclose or
make competitive use of any shared Confidential Information of the other party
(as such term is defined in the Confidentiality Agreement), unless otherwise
agreed to in writing, or unless the information otherwise becomes publicly
available (other than through the fault of the other party or its agents) by
means other than by either party or their agents, or unless the disclose is
required for retrocession purposes, has been mandated by law, or is duly
required by external auditors.
B. The CEDING COMPANY and the REINSURER agree that all facts or information
received by any party related to a contract owner shall remain confidential,
unless such facts or information is required to be disclosed by any regulatory
authority or court of competent jurisdiction.
For purposes of this Agreement, Personal Information means financial and medical
information that identifies an individual personally and is not available to the
public, including, but not limited to, credit history, income, financial
benefits, policy or claim information and medical records.
All parties agree to use and disclose Personal Information only to carry out the
purposes for which it was disclosed to them and will not use or disclose
Personal Information if prohibited by applicable law, including, without
limitation, statutes and regulations enacted pursuant to the Xxxxx-Xxxxx-Xxxxxx
Act (Public Law 106-102). If any party hereto outsources services to a third
party, such third party will agree in writing to maintain the security and
confidentiality of any information shared with them.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
19
ARTICLE XVII
MISCELLANEOUS
A. This Agreement shall constitute the entire Agreement between the parties
with respect to business reinsured hereunder. There is no understanding between
the parties other than as expressed in this Agreement and any change or
modification of this Agreement shall be null and void unless made by Amendment
to the Agreement and signed by both parties.
B. Any notice or communication given pursuant to this Reinsurance Agreement
must be in writing and 1) delivered personally, 2) sent by facsimile or other
similar transmission to a number specified in writing by the recipient, 3)
delivered by overnight express, or 4) sent by Registered or Certified Mail,
Postage Prepaid, Return Receipt Requested, as follows:
If to CEDING COMPANY: Hartford Life and Annuity Insurance Company
000 Xxxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
Attn: Corporate Actuary
With a copy to: Attn: General Counsel
If to the REINSURER: AXA Corporate Solutions Life Reinsurance
Company
00 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attn: Life Reinsurance Treaty Officer
All notices and other communications required or permitted under this
Reinsurance Agreement that are addressed as provided in this Section will 1) if
delivered personally or by overnight express, be deemed given upon delivery; 2)
if delivered by facsimile transmission or other similar transmission, be deemed
given when electronically confirmed, and 3) if sent by Registered or Certified
mail, be deemed given when marked Postage Prepaid by the sender's terminal. Any
party from time-to-time may change its address, but no such notice of change
will be deemed to have been given until it is actually received by the party
sought to be charged with the contents thereof.
C. This Agreement shall be binding to the parties and their respective
successors and permitted assignees. This Agreement may not be assigned by either
party without the written consent of the other. This Agreement may be modified
or amended only by an Amendment duly executed and delivered on behalf of each
party by its respective duly authorized officers.
D. In its Annual Statement filed with the CEDING COMPANY's state of domicile,
the REINSURER will show reserves for business assumed under this Agreement,
calculated according to the minimum valuation standards of the state where the
statement is filed.
E. This Agreement is an indemnity reinsurance agreement solely between the
CEDING COMPANY and the REINSURER. The acceptance of reinsurance hereunder shall
not create any right or legal relation whatever between the REINSURER and the
annuitant, owner, beneficiary or any other party under any contracts of the
CEDING COMPANY which may be reinsured hereunder; the CEDING COMPANY shall be and
remain solely liable to such parties under such contracts reinsured hereunder.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
20
ARTICLE XVIII
SEVERABILITY
If any provision of this Agreement is determined to be invalid or unenforceable,
such determination will not affect or impair the validity or the enforceability
of the remaining provisions of this Agreement.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
21
ARTICLE XIX
DAC TAX
TREASURY REGULATION SECTION 1.848-2(g)(8) ELECTION
The CEDING COMPANY and the REINSURER hereby agree to the following pursuant to
the Section 1.848-2(g)(8) of the Income Tax Regulations issued December 29,
1992, under Section 848 of the Internal Revenue Code 1986, as amended. This
election shall be effective for 1999 and all subsequent taxable years for which
this Agreement remains in effect.
A. The term "party" will refer to either the CEDING COMPANY or the REINSURER as
appropriate.
B. The terms used in this Article are defined by reference to Treasury
Regulations Section 1.848-2 in effect as of December 29, 1992.
C. The party with the net positive consideration for this Agreement for each
taxable year will capitalize specified policy acquisition expenses with respect
to this Agreement without regard to the general deduction limitation of IRC
Section 848(c)(1).
D. Both parties agree to exchange information pertaining to the amount of net
consideration under this Agreement each year to ensure consistency. The parties
also agree to exchange information, which may be otherwise required by the IRS.
E. The CEDING COMPANY will submit to the REINSURER by April 1st of each year, a
schedule of its calculation of the net consideration for the preceding calendar
year. This schedule will be accompanied by a statement signed by an officer of
the CEDING COMPANY stating that the CEDING COMPANY will report such net
consideration in its tax return for the preceding calendar year.
F. The REINSURER may contest such calculation by providing an alternate
calculation to the CEDING COMPANY in writing within thirty (30) days of the
REINSURER's receipt of the CEDING COMPANY's calculation. If the REINSURER does
not notify the CEDING COMPANY, the REINSURER will report the net consideration
as determined by the CEDING COMPANY in the REINSURER's tax return for the
previous calendar year.
G. If the REINSURER contests the CEDING COMPANY's calculation of the net
consideration, the parties will act in good faith to reach an agreement as to
the correct amount within thirty (30) days of the date the REINSURER submits its
alternate calculation. If the REINSURER and CEDING COMPANY reach agreement on an
amount of net consideration, each party shall report such amount in their
respective tax returns for the previous calendar year.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
22
ARTICLE XX
DURATION OF AGREEMENT
A. This Agreement shall be unlimited as to its duration but may be reduced or
terminated as provided in this Article, below.
B. This Agreement shall be open for new business for a minimum of two (2) years
as measured from the Effective Date of this Agreement subject to a limit of
four-billion dollars ($4,000,000,000) of total new considerations to the CEDING
COMPANY divided by the quota-share percentage as described in Schedule A. Any
time on or after the second anniversary of this Agreement, and upon
one-hundred-eighty (180) days' written notice, or anytime on or after attainment
of four-billion dollars ($4,000,000,000) of total new considerations, and upon
sixty (60) days' written notice, either the CEDING COMPANY or the REINSURER may
cancel this Agreement for new business unilaterally or amend the terms of
reinsurance for new business by mutual agreement. The facility may be renewed
thereafter, subject to mutually accepted terms.
C. The terms of this Agreement may be altered due to the actual insolvency
(either party is in the liquidation process) of the REINSURER or the CEDING
COMPANY.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
23
ARTICLE XXI
EXECUTION OF AGREEMENT
This Agreement may be executed by the parties in separate counterparts, each of
which when so executed and delivered shall be an original, but all such
counterparts together shall constitute one and the same instrument. Each
counterpart may consist of a number of copies hereof signed by less than both,
but together signed by both of the parties hereto.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
in duplicate by their duly authorized representatives as of March 13, 2000.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: December 12, 2001
----------------------------------
Xxxxxxx X. Xxxx, Vice President
Attest: /s/ Xxxxxx X. Xxxxxxxx
----------------------------------
Xxxxxx X. Xxxxxxxx, Assistant
Actuary
AXA RE LIFE INSURANCE COMPANY (now known as AXA CORPORATE SOLUTIONS LIFE
REINSURANCE COMPANY as of September 14, 2000)
By: /s/ Xxxxxxx X. Xxxx Date: 03 December, 2001
----------------------------------
Xxxxxxx X. Xxxx, President
By: /s/ Xxxxx XxXxx
----------------------------------
Xxxxx XxXxx, Vice President
Attest: /s/ Xxxxx Xxxxxxx
----------------------------------
Xxxxx Xxxxxxx, Assistant Vice
President
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
24
SCHEDULE A
PLANS OF REINSURANCE
A. [REDACTED]
B. Issue Dates:
Policies issued on or after March 13, 2000
C. Related Contracts -- For all States where approved
Bonus Variable Annuity Policy Forms: LA-VAXC99 and any state variations
Optional Death Benefit Rider forms: LA-VAXC99ODB and any state variations
D. GMDB Value Reinsured as defined in the Related Contracts above:
- Basic Benefit for issue ages 0-79: Maximum Anniversary Value is the
highest Contract Anniversary Value prior to the deceased's death and
81st birthday increased by premiums and reduced by gross partial
surrenders since that anniversary. Note: The maximum Anniversary
Value will be reduced by any Payment Enhancements credited in the 12
months prior to the date of calculation of the death benefit.
- Basic Benefit for issue ages 80-90: 100% premiums minus gross partial
surrenders.
- Optional Enhanced Benefit for issue ages 0-75: Greater of the Basic
Benefit and 5% Roll-up of premium to deceased's death or 81st
birthday, reduced by partial surrender adjustments, subject to a cap
of 200% of premiums less partial surrender adjustments. On or after
the 81st birthday, the Roll up amount is increased by premiums and
reduced by any partial surrender adjustments.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford International Advisers Fund Name change 5/1/01
Now known as Hartford Global Advisers Fund
Hartford MidCap Fund Closed to new money 6/29/01
Hartford Small Company Fund
Hartford Growth and Income Fund
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health 5/1/00
Hartford Global Technology 5/1/00
Hartford MidCap Value Fund 5/1/01
Hartford International Capital Appreciation Fund 5/1/01
Hartford International Small Company Fund 5/1/01
Hartford Value Fund 5/1/01
Hartford Global Financial Services Fund 5/1/01
Hartford Global Communications Fund 5/1/01
Hartford Focus Fund 5/1/01
Amsouth Equity Income Fund 10/2/00
Amsouth Select Equity Fund 10/2/00
Amsouth Capital Growth Fund 5/1/01
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITIES
FUNDS STATUS CHANGES
----------------------------------------------------------------------------------
Evergreen Omega Fund 3/6/00
Evergreen Special Equity Fund 3/6/00
Evergreen Foundation Fund 3/6/00
Evergreen Perpetual International Fund 3/6/00
Evergreen Capital Growth Fund 3/6/00
Evergreen Growth Fund 3/6/00
First American International Portfolio 3/6/00
First American Large Cap Growth Portfolio 3/6/00
First American Technology Portfolio 3/6/00
Xxxxxxx Advantage Mid-Cap Growth 1/29/01
Xxxxxxx Advantage International Equity Fund 1/29/01
Xxxxxxx Advantage Equity Growth Fund 1/29/01
Prudential 20/20 Focus Fund 3/1/01
Prudential Xxxxxxxx Growth Fund 3/1/01
Prudential Xxxxxxxx International Growth Fund 3/1/01
Prudential Value Fund 3/1/01
Continued....
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE B
INVESTMENT FUNDS
XXXXXX HARTFORD PLUS VARIABLE ANNUITIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
Putnam VT American Government Income
Xxxxxx VT Asia Pacific Growth Fund
Xxxxxx VT Capital Appreciation Fund Added 11/1/00
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Global Growth Fund
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Growth Fund
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Technology Fund Added 7/17/00
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Voyager II Fund Added 11/1/00
Continued...
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE B
INVESTMENT FUNDS
LEADERS PLUS VARIABLE ANNUITIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds New World Fund
American Funds Blue Chip Income and Growth Fund 7/5/01
Franklin Real Estate Fund
Franklin Small Cap Fund
Franklin Strategic Income Investments Fund
Mutual Shares Securities Fund
Franklin Technology Securities Fund
Templeton Asset Strategy Fund
Xxxxxxxxx Developing Markets Fund
Templeton Growth Securities Fund
Xxxxxxxxx International Securities Fund
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Growth Fund now known as MFS Investors Name change 5/1/01
Growth Stock Series Fund
MFS Growth with Income Fund now known as MFS Name change 5/1/01
Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid Cap Growth Series Fund Added 9/1/00
MFS New Discovery Series Fund
MFS Total Return Series Fund
Prudential 20/20 Focus Fund 3/1/01
Prudential Xxxxxxxx Growth Fund 3/1/01
Prudential Xxxxxxxx International Growth Fund 3/1/01
Prudential Value Fund 3/1/01
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE C
SUGGESTED DATA LAYOUT
FIELD DESCRIPTION COMMENTS
--------------------------------------------------------------------------------
Annuitant's ID: Last Name
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Joint Annuitant's ID: Last Name If Applicable
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Owner's ID: Last Name
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Joint Owner's ID: Last Name If Applicable
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Policy Number
Policy Issue Date YYYYMMDD
Policy Issue Status NI = True New Issue,
SC = Spousal Continuance,
EX = 1035 Exchange
Tax Status Qualified (Q), or
Non-qualified (N)
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE C
SUGGESTED DATA LAYOUT
(continued)
FIELD DESCRIPTION COMMENTS
--------------------------------------------------------------------------------
GMDB SECTION
Mortality Risk Definition Indicator AV = VNAR; CV = VNAR + SCNAR
Death Claim Trigger A = Annuitant, O = Owner, 1 = 1st to
die, 2 = 2nd to die
(e.g., A2 = payable upon death of
second of joint annuitants)
Current Ratchet Value If Applicable
Current Reset Value If Applicable
Current Rollup Value If Applicable
Current Return of Premium Value If Applicable
Minimum Guaranteed Death Benefit
Contract Death Benefit Greater of Account Value and Minimum
Guaranteed Death Benefit
Mortality Risk VNAR Max [Contractual Death Benefit -
SCNAR Account Value), 0]
Surrender Charge, if applicable
GMIB SECTION
GMIB Indicator Y = benefit elected, N = benefit not
elected, NA = not applicable
Income Benefit Elected 01 = option 1, 02 = option 2, etc.
Expiration of Waiting Period YYYYMMDD
GMIB Annuitization Date YYYYMMDD -- actual date
Most Recent GMIB Step-up / Reset Date YYYYMMDD, if applicable
Cancellation Date YYYYMMDD, if applicable
Pricing Cohort Indicator
IBB Amount
GMIB IBNAR Amount Calculated using an individual life
annuity form with 10 years certain
Treasury Rate Used in IBNAR calculation
GMAB SECTION
GMAB Indicator Y = benefit elected, N = benefit not
elected, NA = not applicable
Accumulation Benefit Elected 01 = option 1, 02 = option 2, etc.
Maturity Date YYYYMMDD
Most Recent GMAB Step-up / Rollover Date YYYYMMDD, if applicable
Cancellation Date YYYYMMDD, if applicable
Pricing Cohort Indicator
GMAB Guaranteed Value Current Value
GMAB NAR Max [(GMAB Guaranteed Value - Account
Value), 0
Account Value Current total value
Surrender Charge If reinsured
Cumulative Deposits Total premiums
Cumulative Withdrawals Total withdrawals
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
SCHEDULE C
SUGGESTED DATA LAYOUT
(continued)
FIELD DESCRIPTION COMMENTS
------------------------------------------------------------------------
Funding Vehicle Values:
"MorningStar" designations (US)
Aggressive Growth
Balanced
Corporate Bond
Government Bond
Growth
Growth and Income
High Yield Bond
International Bond
International Stock
Money Market
Specialty Fund
"Financial Post" designations (Canada)
Asia-Pacific
Balanced
Bond
Canadian Equity
Dividend
European Equity
Global Equity
International Equity
North American Equity
Other
United States Equity
Fixed Account
DCA
Note: Total of funding vehicles should equal account value.
Termination Information:
Termination Date YYYYMMDD, If applicable
Reason for Termination Death (D), Annuitization (A),
1035 Exchange (X), GMIB
Election (I), Other (O).
Cause of Death If applicable. Use your Cause
of Death code, and provide
translation
Summary Information: For reconciliation purposes (may be
paper summary)
Total number of records Monthly aggregate information by GMIB
Design, GMAB Design, and
Pricing Cohort (if applicable)
Total of each dollar field Monthly aggregate information by GMIB
Design, GMAB Design, and
Pricing Cohort (if applicable)
Note: All values to nearest dollar
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
EXHIBIT I
1994 VARIABLE ANNUITY MGDB MORTALITY TABLE
(AGE LAST BIRTHDAY)
[REDACTED]
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
EXHIBIT II
REINSURANCE PREMIUMS
[REDACTED]
* The current maximum premium rate shall be in effect for a minimum of twenty
(20) years from the Effective Date of this Reinsurance Agreement.
Thereafter, it may be increased based on expected experience but not beyond
the stated guaranteed maximum rates shown.
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
EXHIBIT III
BENEFIT LIMITATION RULE
[REDACTED]
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
EXHIBIT IV
CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT
Hartford Agreement No. 2000-12-DB
Effective March 13, 2000
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CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT
This Confidentiality and Non-Disclosure Agreement ("Agreement") made as of 14
October, 1998 by and between AXA Re Life Insurance Company ("AXA Re"), a life
insurance company organized and existing under the laws of the State of
Delaware, and Hartford Life Insurance Company ("Company"), a corporation
organized and existing under the laws of the State of Connecticut.
WHEREAS, the parties hereto intend to disclose, both orally and in writing,
certain confidential and proprietary information ("Confidential Information") to
each other, and to the designated Affiliates and representatives of each other,
in furtherance of evaluating the possibility of entering into a reinsurance
program between AXA Re and the Company covering various guaranteed benefits
within new and/or inforce variable annuity and/or variable life contracts that
incorporate Company Confidential information; and
WHEREAS, the parties wish to protect certain Confidential Information which may
be disclosed between them, particularly regarding AXA Re's program for
reinsuring variable annuity contracts.
NOW THEREFORE, in consideration of the foregoing, and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto acknowledge and agree that the Confidential Information disclosed
hereunder is confidential, proprietary and trade secret to the disclosing party
and is disclosed to the receiving party on a confidential basis under this
Agreement, to be used only as expressly permitted by the terms and conditions of
this Agreement. Title to the Confidential Information will remain at all times
in the disclosing party and no transfer of any interest is either expressly
granted or implied.
CONFIDENTIAL INFORMATION
As used in this Agreement, the term "Confidential Information" includes but is
not limited to the following items, whether existing now or created in the
future: (a) all knowledge or information concerning the business, operations and
assets of the parties hereto and their respective Subsidiaries and Affiliates
which is not readily available to the public, such as; Internal operating
procedures; Investment strategies; sales date and customer lists; financial
plans, projections and reports; and insurance and investment company programs,
plans and products; (b) all property owned, licensed and/or developed by or for
the parties, their Subsidiaries or Affiliates or their respective clients and
not readily available to the public, such as computer systems, programs,
software and devices, plus Information about the design, methodology and
documentation therefore (c) Information, materials, products or any other
tangible or intangible assets in the possession or the control of the parties or
their Subsidiaries or Affiliates which is proprietary to, or confidential to or
about, any other person or entity; (d) proprietary or confidential information
obtained from persons or entities conducting business with the parties or their
Subsidiaries or Affiliates in any capacity; and (e) records and repositories of
all of the foregoing, in whatever form maintained.
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Without limiting the generality of the foregoing: (a) Confidential Information
of AXA Re shall include, without limitation, all information with respect to AXA
Re's program for reinsuring variable annuities and/or variable life insurance,
any actuarial, pricing and financial information provided by AXA Re or its
Affiliated companies to the Company, and all information conveyed orally or by
any other means by AXA Re or its Affiliated companies to the Company, with
respect to reinsurance of variable annuities and/or variable life insurance; and
(b) Confidential Information of the Company shall include, without limitation,
all information with respect to its variable annuity and/or variable life
contract, any actuarial, pricing and financial Information provided by the
Company or its Affiliated companies to AXA Re, the Company annuity pricing
modal, and all information conveyed orally or by any other means by the Company
or its Affiliated companies to AXA Re, with respect to Company variable annuity
and/or variable life insurance programs.
Failure to xxxx any material or information "Confidential" shall not affect the
confidential nature therefore.
The restrictions against disclosing and disseminating the Confidential
Information shall not apply to:
i. general skills and experience gained by employees of either party,
their Subsidiaries or their Affiliates; or
ii. information known by the receiving party prior to disclosure under
this Agreement; or
iii. information disclosed to the receiving party by a third party who
was not under an obligation of confidentiality to the disclosing
party; or
iv. information which is publicly available or generally known within
the insurance or data processing industries; or
v. information which is independently developed by the receiving party
prior to, concurrent with or subsequent to the disclosing party's
disclosure without any wrongful act or breach of this Agreement by
the receiving party; or
vi. information which becomes available to one party, its Subsidiaries,
its Affiliates or its representatives on a non-confidential basis
from sources other than the other party or its Subsidiaries.
Affiliates or representatives, provided that the recipient of such
information does not know or have reason to know that such sources
are prohibited by contractual, legal or fiduciary obligation from
transmitting the information.
The foregoing notwithstanding, nothing in this Agreement shall be construed to
prohibit the disclosure of Confidential Information in accordance with the terms
of a court order. In the event one of the parties becomes legally compelled to
disclose the Confidential Information of the other, the party being compelled
shall provide prompt and reasonable notice to the other party, so that the other
party may seek a protective order, an appeal, or other appropriate remedy.
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BREACH
The parties hereto recognize that the unauthorized disclosure, duplication,
reproduction or use of the Confidential Information would cause irreparable harm
to the disclosing party and that monetary damages will be inadequate to
compensate the disclosing party for such breach. For that reason, the parties
hereto shall be entitled to seek, in any court of competent jurisdiction,
injunctive relief including a preliminary injunction and an order of seizure and
impoundment under Section 503 of the Copyright Act and the receiving party will
not object to the entry of an injunction or other equitable relief against it on
the basis of an adequate remedy at law or other reason. Such relief shall be
cumulative and in addition to whatever other remedies the disclosing party may
have.
MISCELLANEOUS
(a) No waiver of any provision of this Agreement shall be effective unless
contained in a writing executed by the party against whom enforcement thereof is
sought. A waiver of any specific term hereof shall not be deemed to constitute a
waiver of any other term hereof, nor shall a waiver on any one or more occasions
be deemed to imply or constitute a waiver of the same of any other term on any
other occasion.
(b) If any part of this Agreement shall be held to be void or unenforceable,
such part shall be treated as severable, leaving valid the remainder of the
Agreement.
(c) This Agreement shall be construed in accordance with the laws of the State
of
Delaware.
(d) Anything in this Agreement to the contrary notwithstanding, nothing herein
shall be construed as a commitment by either party to enter into a Reinsurance
Agreement or to engage in anything beyond having initial discussions and
exchanging information which may lead to a formal request for a reinsurance
proposal and subsequent preparation thereof.
(e) Each of the parties shall cause its respective Subsidiaries and Affiliates
to abide by the terms of this Agreement, and in the event of a violation of this
Agreement by their respective Subsidiaries or Affiliates, shall be liable
hereunder to the same extent as if, themselves, had committed such violation.
(f) For purposes of this Agreement:
(i) "Affiliate" shall mean a person that directly, or indirectly through
one or more intermediaries, controls, is controlled by or is under
common control with another person or beneficially owns or has the
power to vote or direct the vote of twenty-five percent (25%) or
more of any class of voting stock (or of any form of voting equity
interest in the case of a person that is not a corporation) of such
other person. For purposes of this definition, "control", including
the terms "controlling" and "controlled", means the power to direct
or cause the direction of the management and policies of a person,
directly or indirectly, whether
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LIFE
through the ownership of securities or partnership or other ownership
interest, by contract or otherwise.
(ii) "Subsidiary" of a person means any person with respect to whom such
specified person, directly or indirectly, beneficially owns fifty
percent (50%) or more of the equity interests in, or holds the
voting control of fifty percent (50%) to more of the equity
interests in, such person.
(g) Upon the written request of AXA Re at any time, the Company will return to
AXA Re all AXA Re Confidential Information, provided that if AXA Re enters into
a reinsurance agreement with the Company, that the Company shall be entitled to
retain AXA Re Confidential Information required by the Company in order to
fulfill its obligations under the reinsurance agreement (but that any such
Confidential Information shall not be used for any other purpose).
(h) Upon the written request of the Company at any time, AXA Re will return to
the Company all Company Confidential Information, provided that if AXA Re enters
into a reinsurance agreement with the Company, that AXA Re shall be entitled to
retain Company Confidential Information required by AXA Re in order to fulfill
its obligations under the reinsurance agreement (but that any such Confidential
Information shall not be used for any other purpose).
(i) Nothing in this agreement shall prevent the Company and AXA Re from
developing reinsurance products, or limit their respective rights to develop
reinsurance products, provided the Company does not use AXA Re Confidential
Information and AXA Re does not use Company Confidential Information in
connection with the development of such products.
COMMENCEMENT AND TERMINATION OF AGREEMENT
This Agreement is effective upon the date first written above. The obligations
of each party set out in the preceding paragraphs above shall survive the
termination of the Agreement.
Notwithstanding anything in this Agreement to the contrary, each party agrees
that any agreement executed between them as a result of these discussions shall
incorporate the confidentiality provisions contained herein, and this Agreement
shall be deemed to continue in full force and effect during all terms of such
subsequent agreement.
GENERAL PROVISIONS
This Agreement shall be governed by and construed, and the legal relations
between the parties shall be determined, in accordance with the laws of the
State of
Delaware without giving effect to the principles of conflicts of laws.
This Agreement supersedes all prior understandings and negotiations, oral and
written, and constitutes the entire understanding between the parties on this
subject. This Agreement and any of the rights or obligations hereunder are not
assignable without AXA Re's prior written permission.
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No waiver, modification, or amendment to the Agreement shall be binding upon the
parties unless it is in writing signed by an Authorized Representative of the
party against whom enforcement is sought
IN WITNESS THEREOF, the parties by their duly Authorized Representatives have
caused this Agreement to be executed as of the date first written above.
AXA RE LIFE INSURANCE COMPANY HARTFORD LIFE INSURANCE COMPANY
By: /s/ Xxxxxxx Xxxxxxxx By: /s/ Xxxxxxx X. Xxxxxxxxxxx
------------------------------ ------------------------------
Xxxxxxx Xxxxxxxx Xxxxxxx X. Xxxxxxxxxxx
Title: Vice President Title: Assistant Vice President
Date: 14 October, 1998 Date: 14 October, 1998
5
AMENDMENT XX. 0 XX
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XX. 0000-00, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective January 31, 2001, or the issue date of the first EDB-XX Xxxxx if
earlier, this Amendment is hereby attached to and becomes a part of the
above-described Reinsurance Agreement. It is mutually agreed that:
The CEDING COMPANY's Enhanced Death Benefit-Earnings Enhancement Rider (EDB-EE)
shall be added as a reinsured product hereunder, for elections that occur on or
after the effective date of this Amendment but before the end of the new
business term of the underlying Agreement as set forth in Article XX, Duration
of Agreement. Reinsurance shall be in accordance with the terms set forth in
this Amendment, and it is understood that references in the underlying Agreement
to Schedule A, Schedule C and Exhibit II hereafter encompass the supplements
added by this Amendment:
- SCHEDULE A-1, PLANS OF REINSURANCE, ENHANCED DEATH BENEFIT-EARNINGS
ENHANCEMENT RIDER, is hereby added to this Agreement to set forth and
describe the Quota Share, Issue Dates, Related Contracts, Benefit Reinsured,
Mortality Net Amount at Risk (MNAR) calculation, Reinsurance Premium
calculation and Reinsurance Administration provisions specific to the EDB-XX
Xxxxx.
- SCHEDULE C-1 SUGGESTED DATA LAYOUT, ENHANCED DEATH BENEFIT-EARNINGS
ENHANCEMENT RIDER, is hereby added to this Agreement to set forth and
describe the data elements required for reporting of the EDB-XX Xxxxx.
- EXHIBIT II-1, REINSURANCE PREMIUMS, ENHANCED DEATH BENEFIT-EARNINGS
ENHANCEMENT RIDER, is hereby added to this Agreement to set forth and
describe the reinsurance premium rates for the EDB-XX Xxxxx.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: December 12, 2001
--------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice
President
Attest: /s/ Xxxxxx X. Xxxxxxxx
--------------------------------
Name/Title Xxxxxx X. Xxxxxxxx,
Assistant Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: 03 December 2001
--------------------------------
Xxxxxxx X. Xxxx, President
By: /s/ Xxxxx Xxxxx
--------------------------------
Xxxxx Xxxxx, Vice President
Attest: /s/ Xxxxx Xxxxxxx
--------------------------------
Xxxxx Xxxxxxx, Assistant Vice
President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE A-1
PLANS OF REINSURANCE
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
A. [REDACTED]
B. ISSUE DATES
Policies issued on or after January 31, 2001 that elect the EDB-XX Xxxxx, and
policies issued under this Agreement before January 31, 2001 and still in force
on January 31, 2001, that elect the EDB-XX Xxxxx.
C. RELATED CONTRACTS -- For all States where approved
- Bonus Product policy forms (including State variations thereof):
HL-VAXC99, LA-VAXC99
- EDB-XX Xxxxx forms (including State variations thereof):
HL-VAEDB, LA-VAEDB
D. BENEFIT REINSURED
Enhanced Death Benefit-Earnings Enhancement Rider (EDB-EE Basic) -- For Issue
Ages 0-80
The EDB-EE Basic benefit is the maximum of the following:
- Contract value reduced by any payment enhancement credited in the 12
months prior to the date of calculation of the death benefit plus
40% of the Gain for Issue Ages 0-69 and 25% for Issue Ages 70-80;
- Net considerations (Initial Premiums reduced dollar-for-dollar on
withdrawals);
- A GMDB equal to a Maximum Anniversary Value (MAV) calculated on the
contract anniversary prior to the deceased's 81stbirthday
(additional premiums and withdrawals are treated on a
dollar-for-dollar basis); GMDB frozen thereafter.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
The Gain is defined as follows as the lesser of 1 or 2:
1. The greater of zero or the following amount:
a. the Contract Value as of the date of receipt of Due Proof of Death;
less
b. the Contract Value on the effective date of this rider plus premium
payments received after the effective date of this rider; less
c. any premium payment enhancements credited in the twelve months
preceding the date of receipt of Due Proof of Death, plus
d. the sum of Adjustments for all partial surrenders which occur after
the effective date of this rider.
2. 200% of the following:
a. the sum of the Contract Value on the effective date of this rider,
plus premium payments received after the effective date of this
rider excluding payments received within 12 months of the date of
death, less
b. any premium payment enhancements credited prior to the effective date
of this rider, and any premium payment enhancements credited on or
after the effective date of this rider and during the twelve months
preceding the date of receipt of Due Proof of Death, less
c. the sum of Adjustments for all partial surrenders which occur after
the effective date of this rider.
Adjustments for partial surrenders which occur after the effective date of this
rider are equal to the greater of zero or the following amount:
1. the gross amount of the partial surrender; plus
2. the Contract Value on the effective date of this rider plus
premium payments received after the effective date of this rider and
prior to the partial surrender, less
3. the Contract Value on the Valuation Day immediately preceding the
date of partial surrender; less
4. the sum of Adjustments for all prior partial surrenders which have
occurred after the effective date of this rider.
Enhanced Death Benefit (EDB-EE Optional) -- For Issue Ages 0-75
The EDB-EE Optional benefit is the maximum of the following:
- Contract value reduced by any payment enhancement credited in the 12
months prior to the date of calculation of the death benefit, plus
40% of the Gain for Issue Ages 0-69 and 25% for Issue Ages 70-75
- Net considerations (Initial Premiums reduced dollar-for-dollar on
withdrawals)
- A GMDB equal to the greater of Maximum Anniversary Value calculated
on the contract anniversary prior to the deceased's 81st birthday
(additional premiums and withdrawals are treated on a
dollar-for-dollar basis) and 5% Roll-up to the Contract Anniversary
prior to the
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
deceased's 81st birthday subject to 200% of net considerations
(proportionally reduced for withdrawals); GMDB frozen thereafter
The Gain is defined in the same manner as for the EDB-EE Basic.
E. [REDACTED]
F. [REDACTED]
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
1. [REDACTED]
The above PAF will change for each reporting period as long as the sum of all
uncapped EDBMNAR for any individual life exceeds one million dollars
($1,000,000), adjusted by the quota share percentage reinsured. Should the sum
of all uncapped EDBMNAR for any individual life decrease below one million
dollars ($1,000,000), adjusted by the quota share percentage reinsured, then the
PAF for that individual life reverts to 100%.
2. The premium rate levels vary by issue age and underlying GMDB design. The
annualized reinsurance premium rates are shown in EXHIBIT II-1 attached to this
Amendment and are expressed in terms of basis points. In practice, the
reinsurance premiums shall be applied on a monthly basis by utilizing 1/12th of
the annualized rates. The reporting period is monthly.
3. The YRT reinsurance premium rate described in Article V, Paragraph A of the
underlying Agreement does not apply to reinsurance on the EDB-XX Xxxxx.
G. ADMINISTRATION
The provisions of Article VI of the underlying Agreement shall apply.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE C-1
SUGGESTED DATA LAYOUT
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
FIELD DESCRIPTION COMMENTS
---------------------------------------------------------------------------------------------------------------
Annuitant's ID: Last Name
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Joint Annuitant's ID: Last Name If Applicable
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Owner's ID: Last Name
First Name
Middle Name
Sex M or F
Date or Birth YYYYMMDD
Social Security No. / Social Insurance No.
Joint Owner's ID: Last Name If Applicable
First Name
Middle Name
Sex M or F
Date of Birth YYYYMMDD
Social Security No. / Social Insurance No.
Policy Number
Policy Issue Date YYYYMMDD
Policy Issue Status NI=True New Issue, SC=Spousal Continuance,
EX=1035 Exchange
Tax Status Qualified (Q), or Non-qualified (N)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE C-1
SUGGESTED DATA LAYOUT
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
FIELD DESCRIPTION COMMENTS
--------------------------------------------------------------------------------------------------------------------------
GMDB / EDB SECTION
Mortality Risk Definition Indicator AV = VNAR: CV = VNAR + SCNAR
Death Claim Trigger A = Annuitant, O = Owner, 1 = 1st to die, 2 = 2nd to die
(e.g., A2 = payable upon death of second of joint
annuitants)
Current Ratchet Value If Applicable
Current Reset Value If Applicable
Current Rollup Value If Applicable
Current Return of Premium Value If Applicable
Minimum Guaranteed Death Benefit
Contract Death Benefit Greater of Account Value and Minimum Guaranteed Death
Benefit
Effective Date of the Rider YYYYMMDD
Account Value as of the Effective Date of the Rider
Mortality Risk VNAR Max [Contractual Death Benefit -- Account Value), 0]
SCNAR Surrender Charge, if applicable
EDBNAR [Max ([ILLEGIBLE]) Max ([ILLEGIBLE])]
In dollar amount
Gain 25%, 40%
Gain Percentage as defined in the rider
Gain Cap 01 = 1st month, 02 = 2nd, etc...
Quota Share Cohort Percentage reinsured
Quota Share % $ amount of rolling 12-month total of any payment
enhancements, if applicable
Payment enhancements credited within 12 months
GMIB SECTION
GMIB Indicator Y = benefit elected, N = benefit not elected, NA=not
applicable
Income Benefit Elected 01 = Option 1, 02 = option 2, etc.
Expiration of Waiting Period YYYYMMDD
GMIB Annuitization Date YYYYMMDD-actual date
Most Recent GMIB Step-up / Reset Date YYYYMMDD, if applicable
Cancellation Date YYYYMMDD, if applicable
Pricing Cohort Indicator
IBB Amount
GMIB IBNAR Amount Calculated using an individual life annuity form with 10
years certain
Treasury Rate Used in IBNAR calculation
GMAB SECTION
GMAB Indicator Y = benefit elected, N = benefit not elected, NA=not
applicable
Accumulation Benefit Elected 01 = option 1, 02 = option 2, etc.
Maturity Date YYYYMMDD
Most Recent GMAB Step-up / Rollover Date YYYYMMDD, if applicable
Cancellation Date YYYYMMDD, if applicable
Pricing Cohort Indicator
GMAB Guaranteed Value Current Value
GMAB NAR Max [ (GMAB Guaranteed Value - Account Value), 0 ]
Account Value Current total value
Surrender Charge If reinsured
Cumulative Deposits Total premiums
Cumulative Withdrawals Total withdrawals
Cumulative Withdrawal Adjustments Total Adjustments due to partial surrenders
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
SCHEDULE C-1
SUGGESTED DATA LAYOUT
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
FIELD DESCRIPTION COMMENTS
--------------------------------------------------------------------------------------------------------------------------
Funding Vehicle Values:
"MorningStar" designations (US)
Aggressive Growth
Balanced
Corporate Bond
Government Bond
Growth
Growth and Income
High Yield Bond
International Bond
International Stock
Money Market
Specialty Fund
Fixed Account
Dollar Cost Averaging
Note: total of funding vehicles should equal account value.
Termination Information:
Termination Date YYYYMMDD, If applicable
Reason for termination Death (D), Annuitization (A), 1035 Exchange (X), GMIB
Election (1), Other (O).
Cause of Death If applicable. Use your Cause of Death code, and provide
translation
Summary Information: For reconciliation purposes (may be paper summary)
Total number of records Monthly aggregate information by GMIB Design, GMAB Design,
and Pricing Cohort (If applicable)
Total of each dollar field Monthly aggregate information by GMIB Design, GMAB Design,
and Pricing Cohort (if applicable)
Note: All values to nearest dollar
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
EXHIBIT II-1
REINSURANCE PREMIUMS
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
For policies issued with the EDB-XX Xxxxx and for in force policies with EDB-XX
Xxxxx elections, the reinsurance premiums set forth below shall be due in
addition to the reinsurance premiums for the GMDB set forth in the underlying
Agreement.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 1, Effective January 31, 2001
AMENDMENT XX. 0 XX
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XX. 0000-00, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
- ARTICLE II, COMMENCEMENT AND TERMINATION OF LIABILITY, is hereby
replaced by the attached revised Article II, to describe the revision
to Paragraph A.5., that results from the issuance of the Amendatory
Rider as described under Schedule A, below.
- SCHEDULE A, PLANS OF REINSURANCE, is hereby replaced by the attached
revised Schedule A:
1. To expand Paragraph C, now called Related Contracts and Variable
Annuity Products Reinsured Hereunder. The Prospectus Names of the
variable annuity products reinsured hereunder are now listed; and
2. To add, effective May 1, 2002, subject to state approvals, the
Amendatory Rider as a covered form hereunder. The Amendatory Rider
revises the adjustment method for partial surrender; and
3. To revise Paragraph D, GMDB Reinsured, to document that for
contracts sold with the above-described Amendatory Rider, the
Maximum Anniversary Value will be calculated by using a
proportional adjustment for partial surrender instead of a
dollar-for-dollar adjustment for partial surrender.
- SCHEDULE A-1, PLANS OF REINSURANCE-ENHANCED DEATH BENEFIT-EARNINGS
ENHANCEMENT RIDER,is hereby replaced by the attached revised Schedule
A-1, to document the revisions shown for Schedule A, as they relate
to Schedule A-1.
- SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached
revised Schedule B, to describe various fund changes and additions as
of the dates shown.
- Effective May 1, 2002, all in force and new Director Plus and
Director Plus Proprietary Variable Annuity contracts reinsured
hereunder will have an increase in the 12b-1 fee. The REINSURER
hereby acknowledges the fee increase and agrees to continue to
reinsure in force contracts and to reinsure new contracts at the same
reinsurance terms as have existed hereunder for the affected variable
annuity products before the fee increase.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: November 25, 2002
--------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice
President
Attest: /s/ Xxxxxx X. Xxxxxxxx
--------------------------------
Name/Title Xxxxxx X. Xxxxxxxx,
Associate Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: 29 July 2002
--------------------------------
Xxxxxxx X. Xxxx, President
By: /s/ Xxxxx Xxxxx
--------------------------------
Xxxxx Xxxxx, Vice President
Attest: /s/ Xxxxx Xxxxxxx
--------------------------------
Xxxxx Xxxxxxx, Assistant Vice
President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
ARTICLE II
COMMENCEMENT AND TERMINATION OF LIABILITY
A. On reinsurance ceded under the terms of this Agreement, the liability of the
REINSURER shall commence simultaneously with that of the CEDING COMPANY. The
liability under this Agreement will terminate either in accordance with the
Duration of Agreement provisions of this Agreement as stated in Article XX, or,
for an individual contract, upon the earliest of the following occurrences
defined in the contract(s) reinsured hereunder:
1. the date the owner elects to annuitize
2. surrender or termination of the contract
3. the CEDING COMPANY's receipt of due proof of death of a single owner
or annuitant where such death triggers the payment of a contractual
death benefit except when spousal continuance has been elected. On
spousal continuance election the REINSURER's liability will be
terminated upon death of the continuing spouse.
4. attainment of the maximum annuity commencement date (as described in
the contract forms shown in Schedule A), not to exceed age 105.
5. Due to the anti-selective nature of the dollar-for-dollar
withdrawals, reinsurance coverage will cease on the first day of the
following month where a withdrawal causes the Account Value of the
contract to fall below four-thousand dollars ($4,000). Once
reinsurance coverage ends for a specific contract, it cannot be
reinstated under this Agreement.
NOTE: The provisions of this Paragraph 5 apply only to contracts for
which the GMDB is reduced dollar-for-dollar for partial surrender
and not to contracts issued with the Amendatory Rider.
B. The REINSURER shall be liable to reimburse claims only on those deaths where
the actual date of death is on or after March 13, 2000, in accordance with
Article VII.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE A
PLANS OF REINSURANCE
A. [REDACTED]
B. Issue Dates:
Policies issued on or after March 13, 2000
C. Related Contracts and Variable Annuity Products Reinsured Hereunder (For all
States where approved)
1. Related Contracts
(a) Bonus Variable Annuity Policy Forms: LA-VAXC99 and any state
variations
(b) Optional Death Benefit Rider forms: LA-VAXC990DB and any
state variations
(c) Amendatory Rider (effective May 1, LA-PROPDB02 and any state
2002): variations
2. Prospectus Names of Variable Annuity
Products Reinsured
(a) Director Plus
(b) Director Solution Plus (added March
7, 2002)
(c) Director Preferred Plus
(d) Director Elite Plus
(e) Xxxxxx Hartford Capital Manager Plus
(f) Hartford Leaders Plus
(g) Hartford Leaders Solution Plus
(added March 7, 2002)
(h) Hartford Leaders Elite Plus
D. GMDB Value Reinsured as defined in the Related Contracts above:
- Basic Benefit for issue ages 0-79: Maximum Anniversary Value is the
highest Contract Anniversary Value prior to the deceased's death and
81st birthday increased by premiums and reduced by gross partial
surrenders since that anniversary. Note: The maximum Anniversary
Value will be reduced by any Payment Enhancements credited in the 12
months prior to the date of calculation of the death benefit.
- Basic Benefit for issue ages 80-90: 100% premiums minus gross partial
surrenders.
- Optional Enhanced Benefit for issue ages 0-75: Greater of the Basic
Benefit and 5% Roll-up of premium to deceased's death or 81st
birthday, reduced by partial surrender adjustments, subject to a cap
of 200% of premiums less partial surrender adjustments. On or after
the 81st birthday, the Roll up amount is increased by premiums and
reduced by any partial surrender adjustments.
Note:
1. The Maximum Anniversary Value for new contracts sold on or after May
1, 2002, subject to state approvals, will be calculated by using a
proportional adjustment for partial surrender instead of a
dollar-for-dollar adjustment for partial surrender.
2. The ROP death benefit calculation remains a dollar-for-dollar
adjustment for partial surrender.
3. The Roll up death benefit calculation remains a proportional
adjustment for partial surrender.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE A-1
PLANS OF REINSURANCE
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
A. [REDACTED]
B. Issue Dates
Policies issued on or after January 31, 2001 that elect the EDB-XX Xxxxx,
and policies issued under this Agreement before January 31, 2001 and still
in force on January 31, 2001, that elect the EDB-XX Xxxxx.
C. Related Contracts and Variable Annuity Products Reinsured Hereunder -- For
all States where approved
- Policy forms and products as shown under Schedule A, Paragraph C
- EDB-XX Xxxxx forms (including State variations thereof):
HL-VAEDB, LA-VAEDB
D. Benefit Reinsured
Enhanced Death Benefit-Earnings Enhancement Rider (EDB-EE Basic) -- For
Issue Ages 0-80
The EDB-EE Basic benefit is the maximum of the following:
- Contract value reduced by any payment enhancement credited in the 12
months prior to the date of calculation of the death benefit plus 40%
of the Gain for Issue Ages 0-69 and 25% for Issue Ages 70-80;
- Net considerations (Initial Premiums reduced dollar-for-dollar on
withdrawals);
- A GMDB equal to a Maximum Anniversary Value (MAV) calculated on the
contract anniversary prior to the deceased's 81st birthday
(additional premiums and withdrawals are treated on a
dollar-for-dollar basis); GMDB frozen thereafter.
Note:
1. The Maximum Anniversary Value for new contracts sold on or after May
1, 2002, subject to state approvals, will be calculated by using a
proportional adjustment for partial surrender instead of a
dollar-for-dollar adjustment for partial surrender.
2. The ROP death benefit calculation remains a dollar-for-dollar
adjustment for partial surrender.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
Schedule A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
The Gain is defined as follows as the lesser of 1 or 2:
1. The greater of zero or the following amount:
a. the Contract Value as of the date of receipt of Due Proof of Death;
less
b. the Contract Value on the effective date of this rider plus premium
payments received after the effective date of this rider; less
c. any premium payment enhancements credited in the twelve months
preceding the date of receipt of Due Proof of Death, plus
d. the sum of Adjustments for all partial surrenders which occur after
the effective date of this rider.
2. 200% of the following:
a. the sum of the Contract Value on the effective date of this rider,
plus premium payments received after the effective date of this
rider excluding payments received within 12 months of the date of
death, less
b. any premium payment enhancements credited prior to the effective date
of this rider, and any premium payment enhancements credited on or
after the effective date of this rider and during the twelve months
preceding the date of receipt of Due Proof of Death, less
c. the sum of Adjustments for all partial surrenders which occur after
the effective date of this rider.
Adjustments for partial surrenders which occur after the effective date of
this rider are equal to the greater of zero or the following amount:
1. the gross amount of the partial surrender; plus
2. the Contract Value on the effective date of this rider plus
premium payments received after the effective date of this rider
and prior to the partial surrender, less
3. the Contract Value on the Valuation Day immediately preceding the
date of partial surrender; less
4. the sum of Adjustments for all prior partial surrenders which have
occurred after the effective date of this rider.
Enhanced Death Benefit (EDB-EE Optional) -- For Issue Ages 0-75
The EDB-EE Optional benefit is the maximum of the following:
- Contract value reduced by any payment enhancement credited in the 12
months prior to the date of calculation of the death benefit, plus
40% of the Gain for Issue Ages 0-69 and 25% for Issue Ages 70-75
- Net considerations (Initial Premiums reduced dollar-for-dollar on
withdrawals)
- A GMDB equal to the greater of Maximum Anniversary Value calculated
on the contract anniversary prior to the deceased's 81st birthday
(additional premiums and withdrawals are treated on a
dollar-for-dollar basis) and 5% Roll-up to the Contract Anniversary
prior to the deceased's 81st birthday subject to 200% of net
considerations (proportionally reduced for withdrawals); GMDB frozen
thereafter
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
Note:
1. The Maximum Anniversary Value for new contracts sold on or after May 1, 2002,
subject to state approvals, will be calculated by using a proportional
adjustment for partial surrender instead of a dollar-for-dollar adjustment for
partial surrender.
2. The ROP death benefit calculation remains a dollar-for-dollar adjustment for
partial surrender.
3. The Roll up death benefit calculation remains a proportional adjustment for
partial surrender.
The Gain is defined in the same manner as for the EDB-EE Basic.
E. [REDACTED]
F. [REDACTED]
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
Schedule A-1
PLANS OF REINSURANCE
(continued)
ENHANCED DEATH BENEFIT-EARNINGS ENHANCEMENT RIDER (EDB-EE)
1. [REDACTED]
The PAF will be based on the sum of all uncapped EDBMNAR resulting from each
contract owned by any individual life.
The above PAF will change for each reporting period as long as the sum of all
uncapped EDBMNAR for any individual life exceeds one million dollars
($1,000,000), adjusted by the quota share percentage reinsured. Should the sum
of all uncapped EDBMNAR for any individual life decrease below one million
dollars ($1,000,000), adjusted by the quota share percentage reinsured, then the
PAF for that individual life reverts to 100%.
2. The premium rate levels vary by issue age and underlying GMDB design. The
annualized reinsurance premium rates are shown in EXHIBIT II-1 attached to this
Amendment and are expressed in terms of basis points. In practice, the
reinsurance premiums shall be applied on a monthly basis by utilizing 1/12th of
the annualized rates. The reporting period is monthly.
3. The YRT reinsurance premium rate described in Article V, Paragraph A of the
underlying Agreement does not apply to reinsurance on the EDB-XX Xxxxx.
G. ADMINISTRATION
The provisions of Article VI of the underlying Agreement shall apply.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford International Advisers Fund NOW Name changed 5/1/01
KNOWN AS Hartford Global Advisers Fund
Hartford MidCap Fund Closed to new money 6/29/01
Hartford Small Company Fund
Hartford Growth and Income Fund
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund Added 5/1/00
Hartford Global Technology Fund Added 5/1/00
Hartford MidCap Value Fund Added 5/1/01
Hartford International Capital Appreciation Added 5/1/01
Fund
Hartford International Small Company Fund Added 5/1/01
Hartford Value Fund Added 5/1/01
Hartford Global Financial Services Fund Added 5/1/01
Hartford Global Communications Fund Added 5/1/01
Hartford Focus Fund Added 5/1/01
Hartford US Government Securities Fund Added 5/1/02
Hartford Value Opportunities Fund Added 5/1/02
Hartford Growth Opportunities Fund Added 5/1/02
Hartford Small Cap Growth Fund Added 5/1/02
Hartford Growth Fund Added 5/1/02
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY
(ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth Focus Fund NOW Renamed 5/1/02
KNOWN AS Xxxxxxx Xxxxx Global Growth V.I.
Fund
Xxxxxxx Xxxxx Large Cap Growth Focus Fund NOW Renamed 5/1/02
KNOWN AS Xxxxxxx Xxxxx Large Cap V.I. Fund
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
First American International Fund Added 3/6/00
First American Large Cap Growth Fund Added 3/6/00
First American Technology Fund Added 3/6/00
First American Mid Cap Growth Fund Added 10/15/01
First American Small Cap Growth Fund Added 10/15/01
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE B
INVESTMENT FUNDS
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund Added 3/1/01
Prudential Xxxxxxxx Growth Fund Added 3/1/01
Prudential Xxxxxxxx International Growth Fund Added 3/1/01
Prudential Value Fund Added 3/1/01
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income
Xxxxxx VT Asia Pacific Growth Fund
Xxxxxx VT Capital Appreciation Fund Added 11/1/00
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Global Growth Fund
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Growth Fund
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Technology Fund Added 7/17/00
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Voyager II Fund Added 11/1/00
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization
Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Added 7/5/01
Fund
American Funds New World Fund
Franklin Real Estate Fund Closed to new sales 0/0/00
Xxxxxxxx Xxxxx Xxx Xxxx
Xxxxxxxx Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Asset Strategy Fund NOW KNOWN AS Renamed and closed to new sales
Templeton Global Asset Allocation Fund 5/1/02
Xxxxxxxxx Developing Markets Securities
Fund
Templeton Growth Securities Fund
Xxxxxxxxx International Securities Fund NOW Renamed 5/1/02
KNOWN AS Xxxxxxxxx Foreign Securities Fund
Franklin Technology Securities Fund
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund Added 9/1/00
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund Added 9/20/01
AIM V.I. Basic Value Fund Added 9/20/01
AIM V.I. Blue Chip Fund Added 9/20/01
AIM V.I. Capital Appreciation Fund Added 9/20/01
AIM V.I. Dent Demographics Trends Fund Added 9/20/01
AIM V.I. Government Securities Fund Added 9/20/01
AIM X.X.Xxxxxxxxxxxxx Equity FUND NOW KNOWN Added 9/20/01
AS AIM V.I. International Growth Fund Renamed 5/1/02
AIM V.I.Mid Cap Equity Fund NOW KNOWN AS Added 9/20/01
AIM V.I. Mid Cap Core Equity Fund Renamed 5/1/02
AIM V.I.Value Fund now KNOWN AS AIM V.I. Added 9/20/01
Premier Equity Fund Renamed 5/1/02
Franklin Income Securities Fund Added 5/1/02
Franklin Large Cap Growth Securities Fund Added 5/1/02
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 2
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
--------------------------------------------------------------------------------
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED
3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth Focus Fund NOW Renamed 5/1/02
KNOWN AS Xxxxxxx Xxxxx Global Growth V.I. Fund
Xxxxxxx Xxxxx Large Cap Growth Focus Fund NOW Renamed 5/1/02
KNOWN AS Xxxxxxx Xxxxx Large Cap V.I. Fund
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Xxxxxxxx Growth Fund Added 3/1/01
Prudential Xxxxxxxx International Growth Fund Added 3/1/01
Prudential Value Fund Added 3/1/01
Prudential 20/20 Focus Fund Added 3/1/01
End.....
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXXX XX. 0 TO
AUTOMATIC REINSURANCE AGREEMENT NO. 2000-12, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
- Contracts In Force as of the effective date of this Amendment, that
elect the Guaranteed Income Benefit Rider (GIB) for the six (6) month
period between November 1, 2002 and April 30, 2003 shall continue to
be reinsured hereunder at existing reinsurance terms as long as the
election rate does not exceed 5% of the In Force contracts as
measured by the contract value on April 30, 2003. Should the election
rate exceed 5%, then the contracts that have elected the GIB will be
subject to an increase in the reinsurance premium of up to 10%. At
the end of the six month period, the REINSURER and the CEDING COMPANY
shall mutually determine the reinsurance terms, if any, for
subsequent GIB elections on a case-by-case basis for each month
following. Note the REINSURER will not cover any benefit resulting
from this rider; and
- SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached
revised Schedule B, to describe various fund changes and additions as
of the dates shown.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: December 27, 2002
----------------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice
President
Attest: /s/ Xxxxxx X. Xxxxxxxx
----------------------------------------
Name/Title Xxxxxx X. Xxxxxxxx, Assistant
Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: 12/18/02
----------------------------------------
Xxxxxxx X. Xxxx, President
By: /s/ Xxxxx Xxxxx
----------------------------------------
Xxxxx Xxxxx, Vice President
Attest: /s/ Xxxxx Xxxxxxx
----------------------------------------
Xxxxx Xxxxxxx, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 3
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
---------------------------------------------------------------------------------------
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford International Advisers Fund NOW KNOWN AS Hartford Name changed 5/1/01
Global Advisers Fund
Hartford MidCap Fund Closed to new money
6/29/01
Hartford Small Company Fund
Hartford Growth and Income Fund
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund Added 5/1/00
Hartford Global Technology Fund Added 5/1/00
Hartford MidCap Value Fund Added 5/1/01
Hartford International Capital Appreciation Fund Added 5/1/01
Hartford International Small Company Fund Added 5/1/01
Hartford Value Fund Added 5/1/01
Hartford Global Financial Services Fund Added 5/1/01
Hartford Global Communications Fund Added 5/1/01
Hartford Focus Fund Added 5/1/01
Hartford US Government Securities Fund Added 5/1/02
Hartford Value Opportunities Fund Added 5/1/02
Hartford Growth Opportunities Fund Added 5/1/02
Hartford Small Cap Growth Fund Added 5/1/02
Hartford Growth Fund Added 5/1/02
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth Focus Fund NOW KNOWN AS Merrill Renamed 5/1/02
Xxxxx Global Growth V.I. Fund
Xxxxxxx Xxxxx Large Cap Growth Focus Fund NOW KNOWN AS Renamed 5/1/02
Xxxxxxx Xxxxx Large Cap V.I. Fund
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
First American International Fund Added 3/6/00
First American Large Cap Growth Fund Added 3/6/00
First American Technology Fund Added 3/6/00
First American Mid Cap Growth Fund Added 10/15/01
First American Small Cap Growth Fund Added 10/15/01
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 3
SCHEDULE B
INVESTMENT FUNDS
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund Added 3/1/01
Prudential Xxxxxxxx Growth Fund Added 3/1/01
Prudential Xxxxxxxx International Growth Fund Added 3/1/01
Prudential Value Fund Added 3/1/01
Continued....
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
------------------------------------------------------------------------------------------------------
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income
Xxxxxx VT Asia Pacific Growth Fund MERGED INTO Xxxxxx VT Merged 10/11/02
International Growth Fund
Xxxxxx VT Capital Appreciation Fund Added 11/1/00
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Global Growth Fund NOW KNOWN AS Xxxxxx VT Equity Fund Renamed 10/11/02
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Growth Fund
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Technology Fund MERGED INTO Xxxxxx VT Voyager Fund II Added 7/17/00
Merged 10/11/02
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Voyager II Fund Added 11/1/00
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 3
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
------------------------------------------------------------------------------------------------------
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund Added 7/5/01
American Funds New World Fund
Franklin Real Estate Fund Closed to new sales 0/0/00
Xxxxxxxx Xxxxx Xxx Xxxx
Xxxxxxxx Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Asset Strategy Fund NOW KNOWN AS Templeton Global Asset Renamed and closed to new sales
Allocation Fund 5/1/02
Xxxxxxxxx Developing, Markets Securities Fund
Templeton Growth Securities Fund
Xxxxxxxxx International Securities Fund NOW KNOWN AS Templeton Renamed 5/1/02
Foreign Securities Fund
Franklin Technology Securities Fund
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund Added 9/1/00
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund Added 9/20/01
AIM V.I. Basic Value Fund Added 9/20/01
AIM V.I. Blue Chip Fund Added 9/20/01
AIM V.I. Capital Appreciation Fund Added 9/20/01
AIM V.I. Dent Demographics Trends Fund Added 9/20/01
AIM V.I. Government Securities Fund Added 9/20/01
AIM V.I. International Equity Fund NOW KNOWN AS AIM V.I. Added 9/20/01
International Growth Fund Renamed 5/1/02
AIM V.I. Mid Cap Equity Fund NOW KNOWN AS AIM V.I. Mid Cap Core Added 9/20/01
Equity Fund Renamed 5/1/02
AIM V.I. Value Fund NOW KNOWN AS AIM V.I. Premier Equity Fund Added 9/20/01
Renamed 5/1/02
Franklin Income Securities Fund Added 5/1/02
Franklin Large Cap Growth Securities Fund Added 5/1/02
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 3
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS STATUS CHANGES
------------------------------------------------------------------------------------------------------
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth Focus Fund NOW KNOWN AS Xxxxxxx Xxxxx Renamed 5/1/02
Global Growth V.I. Fund
Xxxxxxx Xxxxx Large Cap Growth Focus Fund NOW KNOWN AS Merrill Renamed 5/1/02
Xxxxx Large Cap V.I. Fund
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Xxxxxxxx Growth Fund Added 3/1/01
Prudential Xxxxxxxx International Growth Fund Added 3/1/01
Prudential Value Fund Added 3/1/01
Prudential 20/20 Focus Fund Added 3/1/01
End....
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 3
[LOGO]
HARTFORD LIFE
GUARANTEED INCOME BENEFIT RIDER
The term "Contract" as used in this rider applies to either a contract or a
certificate. The term "Contract Owner" as used in this rider applies to a
contract owner, certificate owner or certificate participant, as the case may
be.
This rider is issued as part of the contract to which it is attached. The
effective date is when this rider is issued and made part of the contract. This
rider cannot be terminated either by You or Us prior to the Annuity Commencement
Date. Except where this rider provides otherwise, it is subject to all of the
conditions and limitations of the contract.
When elected on the Contract Issue Date, this rider provides a guaranteed income
benefit that gives You the right to make periodic surrenders that total an
amount equal to Your premium payments. This guarantee will remain in effect if
periodic surrenders do not exceed an amount equal to 7% of premium payments each
Contract Year. If the Contract Owner chooses to surrender an amount more than 7%
in a Contract Year, then the guarantee may be reduced to an amount less than
premium payments in accordance with the provisions of this rider.
When this rider is elected after the Contract Issue Date, the guaranteed income
benefit will be based on the amount of the Contract Value on the effective date
of the rider plus premium payments made subsequent to the effective date of this
rider. Accordingly, for purposes of this rider, the Contract Value plus premium
payments made subsequent to the effective date of this rider will be treated in
the same manner as premium payments when this rider is effective on the Contract
Issue Date.
There is an additional charge for this guaranteed income benefit.
If your Contract Value increases, You have the right to "step-up" the guaranteed
benefit to the current Contract Value at certain intervals. We may modify the
charge for this rider if You elect to step-up.
At any point in time, the total guaranteed amount available for future periodic
surrenders is called the Guaranteed Remaining Balance (GRB). The surrender
amount that the Contract Owner has the right to make each Contract Year until
the GRB is depleted is called the Guaranteed Annual Withdrawal Benefit (GAWB).
However, at any time You may surrender an amount up to Your Contract Value.
GUARANTEED REMAINING BALANCE (GRB)
Your GRB is determined at the following times and is subject to a maximum GRB of
$5,000,000:
At Rider Effective Date
If this rider is effective on the Contract Issue Date, then the GRB equals the
premium payments. If this rider is effective after the Contract Issue Date, then
the GRB equals 100% of the Contract Value on the rider effective date.
When a subsequent premium payment is made
Upon each subsequent premium payment, the GRB is recalculated to equal the sum
of the GRB immediately prior to receipt of the subsequent premium payment, plus
100% of the subsequent premium payment. The Company reserves the right to
restrict subsequent premium payments.
1
When a partial surrender is made
Whenever a partial surrender is made, the GRB will be equal to the amount
determined in either (A) or (B) as follows:
A. If the total partial surrenders since the later of (1) the
most recent Contract Anniversary, or (2) the Valuation Day
that the Guaranteed Annual Withdrawal Benefit (GAWB) was
last established (excluding establishments for subsequent
premium payments), are equal to or less than the GAWB, the
GRB becomes the GRB immediately prior to the partial
surrender, less the amount of partial surrender.
B. If the total partial surrenders as determined in (A) above
exceed the GAWB, the GRB will have an automatic reset to the
greater of zero or the lesser of (i) or (ii) as follows:
(i) the Contract Value immediately following the partial
surrender; or
(ii) the GRB immediately prior to the partial surrender, less
the amount of partial surrender.
For purposes of this rider, the term "partial surrender" is a gross amount and
will include any Contingent Deferred Sales Charges.
GUARANTEED ANNUAL WITHDRAWAL BENEFIT (GAWB)
Your GAWB is established at the following times:
At Rider Effective Date
7% of the GRB.
When a subsequent premium payment is made
Upon each subsequent premium payment, the GAWB is recalculated to equal the sum
of 7% of the subsequent premium payment plus the GAWB immediately prior to the
subsequent premium payment.
When a partial surrender is made that causes an automatic reset of the GRB (as
determined in (B) above)
The new GAWB will be the lesser of (C), (D), or (E) as follows:
C. the GAWB immediately prior to the partial surrender; or
D. the greater of 7% of the reset GRB or 7% of the Contract
Value immediately following the partial surrender; or
E. the reset GRB.
When a partial surrender is made that reduces the GRB to an amount less than the
GAWB
Whenever a partial surrender is made that reduces the GRB to an amount less than
the GAWB, the GAWB is reduced to equal the GRB.
ELECTIVE STEP-UP OF THE GRB AND GAWB
At the times determined below, the Contract Owner may elect to Step-up the GRB
and, if applicable, the GAWB as follows:
GRB Step-up
Beginning with the 5th anniversary date of the effective date of this rider, the
Contract Owner has the option to increase the GRB to an amount equal to 100% of
the current Contract Value (herein referred to as Step-up). Once a Step-up has
been elected, another Step-up may not be elected until on or after the 5th
anniversary of the latest Step-up date.
If the surviving spouse becomes the Contract Owner under the contract's Spouse
Beneficiary provision, the next Step-up may be elected at anytime thereafter.
This is allowed regardless if it occurs before the 5th anniversary date of the
effective date of this rider or if the latest Step-up occurred within the last
five years. Once this Step-up has been elected, another Step-up may not be
elected until on or after the 5th anniversary of this Step-up.
In the future, We may allow You to Step-up Your GRB only on a Contract
Anniversary.
GAWB Step-up
The GAWB Step-up is equal to the greater of (H) or (I) as follows:
H. the GAWB immediately prior to the Step-up; or
I. 7% of the Contract Value on the Step-up date.
2
Contract Value Reduces to Zero
If the Contract Value reduces to zero on a particular Valuation Day as a result
of a partial surrender and on such Valuation Day the GRB remains greater than
zero, the following will occur:
J. The GRB will be paid to You on a periodic basis elected by
You. The frequencies will be among those offered by Us at
that time but will be no less frequently than annually.
K. The total annual payment amount will equal the GAWB.
L. We will no longer accept subsequent premium payments.
GUARANTEED INCOME BENEFIT ANNUITY OPTION
In addition to the Annuity options available under the contract, the following
annuity option may be elected by You under this rider:
Fixed Payout -- Under this option, You are entitled to receive payments in a
fixed dollar amount for a stated number of years. The actual number of years
that payments will be made is determined on the calculation date by dividing the
GRB by the GAWB. The total annual amount payable under this option will equal
the GAWB but will not exceed the current GRB. This annualized amount will be
paid over the determined number of years in the frequency that You elect. The
frequencies will be among those offered by Us at that time but will be no less
frequently than annually. If, at the death of the Annuitant, payments have been
made for less than the stated number of years, the remaining payments will be
made to the Beneficiary.
This option may not be available if the contract is issued to qualify under
Section 401, 403, 408, or 457 of the Internal Revenue Code of 1986, as amended.
For such contracts, this option will be available only if the guaranteed payment
period is less than the life expectancy of the annuitant at the time the option
becomes effective. Such life expectancy will be computed under the mortality
table then in use by Us.
This annuity option may be elected as a settlement option by the Beneficiary of
a contract. Whenever multiple Beneficiaries are designated under the contract,
each such Beneficiary's share of the proceeds if they elect this option will be
in proportion to their applicable designated Beneficiary percentage.
Beneficiaries of nonqualified contracts may elect this settlement option subject
to the Distribution Requirements section of the contract.
RIDER CHARGE
The charge for this rider is added to the net investment factor. The net
investment factor for each Sub-Account is:
M. the net asset value per share of the corresponding fund at
the end of the valuation period (plus the per share amount
of any unpaid dividends or capital gains by that fund);
divided by
N. the net asset value per share of the corresponding fund at
the beginning of the valuation period; minus
O. the mortality and expense risk charge and any applicable
administration charge, adjusted for the number of days in
the valuation period; minus
P. the charge for this rider, adjusted for the number of days
in the valuation period.
The charge for this rider per annum of the daily value of the Sub-Accounts is
[0.75%], subject to a guaranteed maximum charge of [0.75%]. The rider charge may
change if You elect to Step-up the GRB. However, the rider charge will never
exceed the lesser of the maximum charge or the charge currently offered for this
same benefit under newly issued riders. If the GRB is never Stepped-up by the
Contract Owner, the charge established on the effective date of this rider will
never change. The rider charge will be discontinued once an Annuity option
available under the contract becomes effective.
Signed for HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
/s/ Xxxxxxxxx Xxxxx Xxxxxx /s/ Xxxxxx X. Xxxxx
-------------------------------- --------------------------------
Xxxxxxxxx Xxxxx Xxxxxx, Xxxxxx X. Xxxxx, PRESIDENT
SECRETARY
3
AMENDMENT XX. 0 XX
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XX. 0000-00, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective May 1, 2003, this Amendment is hereby attached to and becomes a part
of the above-described Reinsurance Agreement. It is mutually agreed that:
1. SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached revised
Schedule B, to describe various fund changes and additions as of the dates
shown.
2. With respect to contract elections of the XXX Xxxxx (also known as
"Principal First") attached to Amendment 3 of this Agreement:
(a) For the period commencing November 1, 2002 through April 30, 2003,
contract elections of the XXX Xxxxx have not exceeded 5% of the In
Force contracts according to the measurement criteria described in
Amendment 3;
(b) As a result, the reinsurance premiums shall not be subject to
increase at this time;
(c) The election rate for the XXX Xxxxx shall continue to be monitored
through December 31, 2003;
(d) Should the overall election rate exceed 5% of the In Force contracts
as measured by the contract value on December 31, 2003, then the
contracts that have elected the GIB will be subject to an increase in
the reinsurance premium of up to 10%;
(e) Should the overall election rate on December 31, 2003 not exceed 5%
of the In Force contracts as measured by the contract value on
December 31, 2003, then the election rate for the XXX Xxxxx shall
continue to be monitored semi-annually thereafter until the GIB In
Force election program ends. At such time that the overall election
rate exceeds 5% of the In Force contracts as measured by the
contract value at the time of the semi-annual review, then the
contracts that have elected the GIB will be subject to an increase
in the reinsurance premium of up to 10%;
(f) For monitoring purposes, the CEDING COMPANY shall indicate by code
on the seriatim data file (Schedule C) such contracts that elect the
XXX Xxxxx;
(g) As stated in Amendment 3, the REINSURER does not cover any benefit
resulting from the XXX Xxxxx.
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 4
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: June 11, 2003
-------------------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice President
Attest: /s/ Xxxxxxx X. Xxxxxxxx
-------------------------------------------
Name/Title Xxxxxxx X. Xxxxxxxx, Assistant
Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx Date: 4 June 2003
-------------------------------------------
Xxxxxxx X. Xxxxxxxx, Senior VicePresident
By: /s/ Xxxxx Xxxxx
-------------------------------------------
Xxxxx Xxxxx, Vice President
Attest: /s/ Xxxxx Xxxxxxx
-------------------------------------------
Xxxxx Xxxxxxx, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 4
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford Global Advisers Fund (NAME CHANGED 5/1/01, FORMERLY Hartford
International Advisers Fund)
Hartford MidCap Fund (CLOSED TO NEW MONEY 6/29/01)
Hartford Small Company Fund
Hartford Growth and Income Fund
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund (ADDED 5/1/00)
Hartford Global Technology Fund (ADDED 5/1/00)
Hartford MidCap Value Fund (ADDED 5/1/01)
Hartford International Capital Appreciation Fund (ADDED 5/1/01)
Hartford International Small Company Fund (ADDED 5/1/01)
Hartford Value Fund (ADDED 5/1/01)
Hartford Global Financial Services Fund (ADDED 5/1/01)
Hartford Global Communications Fund (ADDED 5/1/01)
Hartford Focus Fund (ADDED 5/1/01)
Hartford US Government Securities Fund (ADDED 5/1/02)
Hartford Value Opportunities Fund (ADDED 5/1/02)
Hartford Growth Opportunities Fund (ADDED 5/1/02)
Hartford Small Cap Growth Fund (ADDED 5/1/02)
Hartford Growth Fund (ADDED 5/1/02)
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY XXXXXXX
XXXXX GLOBAL GROWTH FOCUS FUND)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY XXXXXXX XXXXX
LARGE CAP GROWTH FOCUS FUND)
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
First American International Fund (ADDED 3/6/00)
First American Large Cap Growth Fund (ADDED 3/6/00)
First American Technology Fund (ADDED 3/6/00)
First American Mid Cap Growth Fund (ADDED 10/15/01)
First American Small Cap Growth Fund (ADDED 10/15/01)
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund (ADDED 3/1/01)
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income Fund
Xxxxxx VT Capital Appreciation Fund (ADDED 11/1/00)
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Equity Fund (NAME CHANGED 10/11/02; FORMERLY XXXXXX VT GLOBAL GROWTH
FUND)
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Equity Fund (NAME CHANGED 5/1/03; FORMERLY XXXXXX VT
INTERNATIONAL GROWTH FUND)
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Discovery Growth Fund (NAME CHANGED 5/1/03; FORMERLY XXXXXX VT VOYAGER
II FUND ADDED 11/1/00)
Xxxxxx VT Capital Opportunities Fund (ADDED 5/1/03)
Xxxxxx VT Equity Income Fund (ADDED 5/1/03)
Xxxxxx VT Mid Cap Value Fund (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
HISTORICAL CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT Asia Pacific Growth Fund merged 10/11/02 into Xxxxxx VT International
Growth Fund
Xxxxxx VT Technology Fund added 7/17/00, then merged 10/11/02 into Xxxxxx VT
Voyager Fund II
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 4
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund(ADDED 7/5/01)
American Funds New World Fund
Franklin Real Estate Fund (CLOSED TO NEW SALES 5/1/02)
Franklin Small Cap Fund
Franklin Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Global Asset Allocation Fund (NAME CHANGED AND CLOSED TO NEW SALES
5/1/02; FORMERLY TEMPLETON ASSET STRATEGY FUND)
Xxxxxxxxx Developing Markets Securities Fund
Templeton Growth Securities Fund
Xxxxxxxxx Foreign Securities Fund (NAME CHANGED 5/1/02; FORMERLY XXXXXXXXX
INTERNATIONAL SECURITIES FUND)
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund (ADDED 9/1/00)
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund (ADDED 9/20/01)
AIM V.I. Basic Value Fund(ADDED 9/20/01)
AIM V.I. Blue Chip Fund (ADDED 9/20/01)
AIM V.I. Capital Appreciation Fund (ADDED 9/20/01)
AIM V.I. Dent Demographics Trends Fund (ADDED 9/20/01)
AIM V.I. Government Securities Fund (ADDED 9/20/01)
AIM V.I. International Growth Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I.
INTERNATIONAL EQUITY FUND ADDED 9/20/01)
AIM V.I. Mid Cap Core Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. MID
CAP EQUITY FUND ADDED 9/20/01)
AIM V.I. Premier Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. VALUE FUND
ADDED 9/20/01)
Franklin Income Securities Fund (ADDED 5/1/02)
Franklin Large Cap Growth Securities Fund (ADDED 5/1/02)
Franklin Mutual Discovery Securities Fund (ADDED 5/1/03)
Franklin Rising Dividends Securities Fund (ADDED 5/1/03)
MFS Value Series (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY XXXXXXX
XXXXX GLOBAL GROWTH FOCUS FUND)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY XXXXXXX XXXXX
LARGE CAP GROWTH FOCUS FUND)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 4
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
LeadersCore Funds
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Prudential 20/20 FOCUS Fund (ADDED 3/1/01)
HISTORICAL CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
Franklin Technology Securities Fund MERGED 5/1/03 INTO Franklin Small Cap Fund
End....
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXXX XX. 0 TO
AUTOMATIC REINSURANCE AGREEMENT NO. 2000-12, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached revised
Schedule B, to describe various fund changes and additions as of the dates
shown.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: October 14, 2003
---------------------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice President
Attest: /s/ Xxxxxxx X. Xxxxxxxx
---------------------------------------------
Name/Title Xxxxxxx X. Xxxxxxxx, Assistant
Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx Date: 26 September, 2003
---------------------------------------------
Xxxxxxx X. Xxxxxxxx, Senior VicePresident
By: /s/ Xxxxx X. Xxxxxx
---------------------------------------------
Xxxxx X. Xxxxxx, Assistant Vice President
Attest: /s/ Xxxxx Xxxxxxx
---------------------------------------------
Xxxxx Xxxxxxx, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 5
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford Global Advisers Fund (NAME CHANGED 5/1/01, FORMERLY Hartford
International Advisers Fund)
Hartford MidCap Fund (CLOSED TO NEW MONEY 6/29/01)
Hartford Small Company Fund
Hartford Disciplined Equity Fund (NAME CHANGED 11/3/03; FORMERLY Hartford Growth
and Income Fund)
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund (ADDED 5/1/00)
Hartford Global Technology Fund (ADDED 5/1/00)
Hartford MidCap Value Fund (ADDED 5/1/01)
Hartford International Capital Appreciation Fund (ADDED 5/1/01)
Hartford International Small Company Fund (ADDED 5/1/01)
Hartford Value Fund (ADDED 5/1/01)
Hartford Global Financial Services Fund (ADDED 5/1/01)
Hartford Global Communications Fund (ADDED 5/1/01)
Hartford Focus Fund (ADDED 5/1/01)
Hartford US Government Securities Fund (ADDED 5/1/02)
Hartford Value Opportunities Fund (ADDED 5/1/02)
Hartford Growth Opportunities Fund (ADDED 5/1/02)
Hartford Small Cap Growth Fund (ADDED 5/1/02)
Hartford Growth Fund (ADDED 5/1/02)
Hartford Equity Income Fund (ADDED 11/3/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
First American International Fund (ADDED 3/6/00)
First American Large Cap Growth Fund (ADDED 3/6/00)
First American Technology Fund (ADDED 3/6/00)
First American Mid Cap Growth Fund (ADDED 10/15/01)
First American Small Cap Growth Fund (ADDED 10/15/01)
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund (ADDED 3/1/01)
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx.0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income Fund
Xxxxxx VT Capital Appreciation Fund (ADDED 11/1/00)
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Equity Fund (NAME CHANGED 10/11/02; FORMERLY Xxxxxx VT Global Growth
Fund)
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Equity Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT
International Growth Fund)
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Discovery Growth Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT Voyager
II Fund ADDED 11/1/00)
Xxxxxx VT Capital Opportunities Fund (ADDED 5/1/03)
Xxxxxx VT Equity Income Fund (ADDED 5/1/03)
Xxxxxx VT Mid Cap Value Fund (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
HISTORICAL CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT Asia Pacific Growth Fund MERGED 10/11/02 INTO Xxxxxx VT International
Growth Fund
Xxxxxx VT Technology Fund ADDED 7/17/00, THEN MERGED 10/11/02 INTO Xxxxxx VT
Voyager Fund II
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 5
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHARGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund (ADDED 7/5/01)
American Funds New World Fund
Franklin Real Estate Fund (CLOSED TO NEW SALES 5/1/02)
Franklin Small Cap Fund
Franklin Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Global Asset Allocation Fund (NAME CHANGED AND CLOSED TO NEW SALES
5/1/02; FORMERLY Templeton Asset Strategy Fund)
Xxxxxxxxx Developing Markets Securities Fund
Templeton Growth Securities Fund
Xxxxxxxxx Foreign Securities Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxxxx
International Securities Fund)
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund (ADDED 9/1/00)
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund (ADDED 9/20/01)
AIM V.I. Basic Value Fund (ADDED 9/20/01)
AIM V.I. Blue Chip Fund (ADDED 9/20/01)
AIM V.I. Capital Appreciation Fund (ADDED 9/20/01)
AIM V.I. Dent Demographics Trends Fund (ADDED 9/20/01)
AIM V.I. Government Securities Fund (ADDED 9/20/01)
AIM V.I. International Growth Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I.
International Equity Fund ADDED 9/20/01)
AIM V.I. Mid Cap Core Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Mid
Cap Equity Fund ADDED 9/20/01)
AIM V.I. Premier Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Value Fund
ADDED 9/20/01)
AIM V.I. Small Cap Equity Fund (ADDED 11/3/03)
Franklin Income Securities Fund (ADDED 5/1/02)
Franklin Large Cap Growth Securities Fund (ADDED 5/1/02)
Franklin Mutual Discovery Securities Fund (ADDED 5/1/03)
Franklin Rising Dividends Securities Fund (ADDED 5/1/03) MFS Value Series (ADDED
5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx LargeCap X.X.Xxxx (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No.5
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Prudential 20/20 Focus Fund (ADDED 3/1/01)
HISTORICAL CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
Franklin Technology Securities Fund MERGED 5/1/03 INTO Franklin Small Cap Fund
End...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXXX XX. 0 TO
AUTOMATIC REINSURANCE AGREEMENT NO. 2000-12, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached revised
Schedule B, to describe various fund changes and additions as of the dates
shown.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: November 20, 2003
------------------------------
Name/Title Xxxxxxx X. Xxxx,
Vice President
Attest: /s/ Xxxxxxx X. Xxxxxxxx
------------------------------
Name/Title Xxxxxxx X.
Xxxxxxxx, Assistant Actuary
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx Date: 5 November 2003
------------------------------
Xxxxxxx X. Xxxxxxxx, Senior
VicePresident
By: /s/ Xxxxx X. Xxxxxx
------------------------------
Xxxxx X. Xxxxxx, Assistant
Vice President
Attest: /s/ Xxxxx Xxxxxxx
------------------------------
Xxxxx Xxxxxxx, Assistant Vice
President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 6
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford Global Advisers Fund (NAME CHANGED 5/1/01, FORMERLY Hartford
International Advisers Fund)
Hartford MidCap Fund (CLOSED TO NEW MONEY 6/29/01)
Hartford Small Company Fund
Hartford Disciplined Equity Fund (NAME CHANGED 11/3/03; FORMERLY Hartford Growth
and Income Fund)
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund (ADDED 5/1/00)
Hartford Global Technology Fund (ADDED 5/1/00)
Hartford MidCap Value Fund (ADDED 5/1/01)
Hartford International Capital Appreciation Fund (ADDED 5/1/01
Hartford International Small Company Fund (ADDED 5/1/01)
Hartford Value Fund (ADDED 5/1/01)
Hartford Global Financial Services Fund (ADDED 5/1/01
Hartford Global Communications Fund (ADDED 5/1/01)
Hartford Focus Fund (ADDED 5/1/01)
Hartford US Government Securities Fund (ADDED 5/1/02)
Hartford Value Opportunities Fund (ADDED 5/1/02)
Hartford Growth Opportunities Fund (ADDED 5/1/02)
Hartford Small Cap Growth Fund (ADDED 5/1/02)
Hartford Growth Fund (ADDED 5/1/02)
Hartford Equity Income Fund (ADDED 11/3/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund (ADDED 3/1/01)
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
HISTORICAL CHANGES
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
First American International Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Large Cap Growth Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Technology Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Mid Cap Growth Fund (ADDED 10/15/01; CLOSED TO NEW MONEY 12/4/03)
First American Small Cap Growth Fund (ADDED 10/15/01; CLOSED TO NEW MONEY
12/4/03)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income Fund
Xxxxxx VT Capital Appreciation Fund (ADDED 11/1/00)
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Equity Fund (NAME CHANGED 10/11/02; FORMERLY Xxxxxx VT Global Growth
Fund)
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Equity Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT
International Growth Fund)
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Discovery Growth Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT Voyager
II Fund ADDED 11/1/00)
Xxxxxx VT Capital Opportunities Fund (ADDED 5/1/03)
Xxxxxx VT Equity Income Fund (ADDED 5/1/03)
Xxxxxx VT Mid Cap Value Fund (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
HISTORICAL CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT Asia Pacific Growth Fund MERGED 10/11/02 INTO Xxxxxx VT International
Growth Fund
Xxxxxx VT Technology Fund ADDED 7/17/00, THEN MERGED 10/11/02 INTO Xxxxxx VT
Voyager Fund II
Continued...
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 6
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund (ADDED 7/5/01)
American Funds New World Fund
Franklin Real Estate Fund (CLOSED TO NEW SALES 5/1/02)
Franklin Small Cap Fund
Franklin Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Global Asset Allocation Fund (NAME CHANGED AND CLOSED TO NEW SALES
5/1/02; FORMERLY Templeton Asset Strategy Fund)
Xxxxxxxxx Developing Markets Securities Fund
Templeton Growth Securities Fund
Templeton Foreign Securities Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxxxx
International Securities Fund)
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund (ADDED 9/1/00)
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund (ADDED 9/20/01)
AIM V.I. Basic Value Fund (ADDED 9/20/01)
AIM V.I. Blue Chip Fund (ADDED 9/20/01)
AIM V.I. Capital Appreciation Fund (ADDED 9/20/01)
AIM V.I. Dent Demographics Trends Fund (ADDED 9/20/01)
AIM V.I. Government Securities Fund (ADDED 9/20/01)
AIM V.I. International Growth Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I.
International Equity Fund ADDED 9/20/01)
AIM V.I. MID CAP CORE EQUITY FUND (NAME CHANGED 5/1/02; FORMERLY AIM V.I. MID
CAP EQUITY FUND ADDED 9/20/01)
AIM V.I. Premier Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Value Fund
ADDED 9/20/01)
AIM V.I. Small Cap Equity Fund (ADDED 11/3/03)
Franklin Income Securities Fund (ADDED 5/1/02)
Franklin Large Cap Growth Securities Fund (ADDED 5/1/02)
Franklin Mutual Discovery Securities Fund (ADDED 5/1/03)
Franklin Rising Dividends Securities Fund (ADDED 5/1/03)
MFS Value Series (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 6
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxxx International Growth Fund (ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Prudential 20/20 Focus Fund (ADDED 3/1/01)
HISTORICAL CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
Franklin Technology Securities Fund MERGED 5/1/03 INTO Franklin Small Cap Fund
End....
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
XXXXXXXXX XX. 0 TO
AUTOMATIC REINSURANCE AGREEMENT NO. 2000-12, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached revised
Schedule B, to describe various fund changes and additions as of the dates
shown.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: June 2, 2004
---------------------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice President
Attest: /s/ Xxxxxxx X. Xxxxxxxx
---------------------------------------------
Name/Title Xxxxxxx X. Xxxxxxxx
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx Date: 13 April 2004
---------------------------------------------
Xxxxxxx X. Xxxxxxxx, Senior VicePresident
By: /s/ Xxxxx X. Xxxxxx
---------------------------------------------
Xxxxx X. Xxxxxx, Assistant Vice President
Attest: /s/ Xxxxx Xxxxxxx
---------------------------------------------
Xxxxx Xxxxxxx, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 7
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford Global Advisers Fund (NAME CHANGED 5/1/01, FORMERLY Hartford
International Advisers Fund)
Hartford MidCap Fund (CLOSED TO NEW MONEY 6/29/01)
Hartford Small Company Fund
Hartford Disciplined Equity Fund (NAME CHANGED 11/3/03; FORMERLY Hartford Growth
and Income Fund)
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund (ADDED 5/1/00)
Hartford Global Technology Fund (ADDED 5/1/00)
Hartford MidCap Value Fund (ADDED 5/1/01)
Hartford International Capital Appreciation Fund (ADDED 5/1/01)
Hartford International Small Company Fund (ADDED 5/1/01)
Hartford Value Fund (ADDED 5/1/01)
Hartford Global Financial Services Fund (ADDED 5/1/01)
Hartford Global Communications Fund (ADDED 5/1/01)
Hartford Focus Fund (ADDED 5/1/01)
Hartford US Government Securities Fund (ADDED 5/1/02)
Hartford Value Opportunities Fund (ADDED 5/1/02)
Hartford Growth Opportunities Fund (ADDED 5/1/02)
Hartford Small Cap Growth Fund (ADDED 5/1/02)
Hartford Growth Fund (ADDED 5/1/02)
Hartford Equity Income Fund (ADDED 11/3/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
First American International Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Large Cap Growth Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Technology Fund (ADDED 3/6/00; CLOSED TO NEW MONEY 12/4/03)
First American Mid Cap Growth Fund (ADDED 10/15/01; CLOSED TO NEW MONEY 12/4/03)
First American Small Cap Growth Fund (ADDED 10/15/01; CLOSED TO NEW MONEY
12/4/03)
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund (ADDED 3/1/01)
Prudential Xxxxxxxx Growth Fund (ADDED 31/1/01)
Prudential Xxxxxxx Xxxxx International Growth Portfolio (NAME CHANGED 5/3/04;
FORMERLY Prudential Xxxxxxxx International Growth Fund, ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income Fund
Xxxxxx VT Capital Appreciation Fund (ADDED 11/1/00)
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Equity Fund (NAME CHANGED 10/11/02; FORMERLY Xxxxxx VT Global Growth
Fund)
Xxxxxx VT Growth and Income Fund
Xxxxxx VT Growth Opportunities Fund
Xxxxxx VT Health Sciences Fund
Xxxxxx VT High Yield Fund
Xxxxxx VT Income Fund
Xxxxxx VT International Equity Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT
International Growth Fund)
Xxxxxx VT International Growth and Income Fund
Xxxxxx VT International New Opportunities Fund
Xxxxxx VT Investors Fund
Xxxxxx VT Money Market Fund
Xxxxxx VT New Opportunities Fund
Xxxxxx VT New Value Fund
Xxxxxx VT OTC & Emerging Growth Fund
Xxxxxx VT Research Fund
Xxxxxx VT Small Cap Fund
Xxxxxx VT Utilities Growth and Income Fund
Xxxxxx VT Vista Fund
Xxxxxx VT Voyager Fund
Xxxxxx VT Discovery Growth Fund (NAME CHANGED 5/1/03; FORMERLY Xxxxxx VT Voyager
II Fund ADDED 11/1/00)
Xxxxxx VT Capital Opportunities Fund (ADDED 5/1/03)
Xxxxxx VT Equity Income Fund (ADDED 5/1/03)
Xxxxxx VT Mid Cap Value Fund (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS XXXXXX CORE FUNDS.
HISTORICAL CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT Asia Pacific Growth Fund MERGED 10/11/02 INTO Xxxxxx VT International
Growth Fund
Xxxxxx VT Technology Fund ADDED 7/17/00, THEN MERGED 10/11/02 INTO Xxxxxx VT
Voyager Fund II
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXXXXXXX LEADERS PLUS VARIABLE ANNUITY SERIES
FUND AND STATUS CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund (ADDED 7/5/01)
American Funds Now World Fund
Franklin Real Estate Fund (CLOSED TO NEW SALES 5/1/02)
Franklin Small Cap Fund
Franklin Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Global Asset Allocation Fund (NAME CHANGED AND CLOSED TO NEW SALES
5/1/02; FORMERLY Templeton Asset Strategy Fund)
Xxxxxxxxx Developing Markets Securities Fund
Templeton Growth Securities Fund
Templeton Foreign Securities Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxxxx
International Securities Fund)
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund (ADDED 9/1/00)
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund (ADDED 9/20/01)
AIM V.I. Basic Value Fund (ADDED 9/20/01)
AIM V.I. Blue Chip Fund (ADDED 9/20/01)
AIM V.I. Capital Appreciation Fund (ADDED 9/20/01)
AIM V.I. Dent Demographics Trends Fund (ADDED 9/20/01)
AIM V.I. Government Securities Fund (ADDED 9/20/01)
AIM V.I. International Growth Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I.
International Equity Fund ADDED 9/20/01)
AIM V.I. Mid Cap Core Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Mid
Cap Equity Fund ADDED 9/20/01)
AIM V.I. Premier Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Value Fund
ADDED 9/20/01)
AIM V.I. Small Cap Equity Fund (ADDED 11/3/03)
Franklin Income Securities Fund (ADDED 5/1/02)
Franklin Large Cap Growth Securities Fund (ADDED 5/1/02)
Franklin Mutual Discovery Securities Fund (ADDED 5/1/03)
Franklin Rising Dividends Securities Fund (ADDED 5/1/03)
MFS Value Series (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXXXXXXX LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxx Xxxxx International Growth Portfolio (NAME CHANGED 5/3/04;
FORMERLY Prudential Xxxxxxxx International Growth Fund, ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Prudential 20/20 Focus Fund (ADDED 3/1/01)
HISTORICAL CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
Franklin Technology Securities Fund MERGED 5/1/03 INTO Franklin Small Cap Fund
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 7
4
AMENDMENT XX. 0 XX
XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XX. 0000-00, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective as shown below, this Amendment is hereby attached to and becomes a
part of the above-described Reinsurance Agreement. It is mutually agreed that:
SCHEDULE B, INVESTMENT FUNDS, is hereby replaced by the attached revised
Schedule B, to describe various fund changes and additions as of the dates
shown.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxx Date: October 26, 2004
------------------------------------------
Name/Title Xxxxxxx X. Xxxx, Vice President
Attest: /s/ Xxxxxx X. Xxxxxxxx
------------------------------------------
Name/Title Xxxxxx X. Xxxxxxxx, Assistant
Vice President
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx Date: 10 September 2004
------------------------------------------
Xxxxxxx X. Xxxxxxxx, Senior Vice President
By: /s/ Xxxxx X. Xxxxxx
------------------------------------------
Xxxxx X. Xxxxxx, Assistant Vice President
Attest: /s/ Xxxxx Xxxxxxx
------------------------------------------
Xxxxx Xxxxxxx, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 8
SCHEDULE B
INVESTMENT FUNDS
THE DIRECTOR PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
DIRECTOR PLUS VARIABLE ANNUITY
Hartford Bond Fund
Hartford Stock Fund
Hartford Money Market Fund
Hartford Advisers Fund
Hartford Capital Appreciation Fund
Hartford Mortgage Securities Fund
Hartford Index Fund
Hartford International Opportunities Fund
Hartford Dividend and Growth Fund
Hartford Global Advisers Fund (NAME CHANGED 5/1/01, FORMERLY Hartford
International Advisers Fund)
Hartford MidCap Fund (CLOSED TO NEW MONEY 6/29/01)
Hartford Small Company Fund (CLOSED TO NEW MONEY 8/16/04)
Hartford Disciplined Equity Fund (NAME CHANGED 11/3/03; FORMERLY Hartford Growth
and Income Fund)
Hartford Global Leaders Fund
Hartford High Yield Fund
Hartford Global Health Fund (CLOSED TO NEW MONEY 8/16/04; ADDED 5/1/00)
Hartford Global Technology Fund (CLOSED TO NEW MONEY 8/16/04; ADDED 5/1/00)
Hartford MidCap Value Fund (CLOSED TO NEW MONEY 8/16/04; ADDED 5/1/01)
Hartford International Capital Appreciation Fund (ADDED 5/1/01)
Hartford International Small Company Fund (ADDED 5/1/01)
Hartford Value Fund (ADDED 5/1/01)
Hartford Global Financial Services Fund (CLOSED TO NEW MONEY 8/16/04; ADDED
5/1/01)
Hartford Global Communications Fund (CLOSED TO NEW MONEY 8/16/04; ADDED 5/1/01)
Hartford Focus Fund (ADDED 5/1/01)
Hartford US Government Securities Fund (ADDED 5/1/02)
Hartford Value Opportunities Fund (ADDED 5/1/02)
Hartford Growth Opportunities Fund (ADDED 5/1/02)
Hartford Small Cap Growth Fund (ADDED 5/1/02)
Hartford Growth Fund (ADDED 5/1/02)
Hartford Equity Income Fund (ADDED 11/3/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS THE HARTFORD CORE FUNDS.
DIRECTOR SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Hartford Core Funds
Xxxxxxx Xxxxx Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx
Xxxxx Global Growth Focus Fund)
Xxxxxxx Xxxxx Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Xxxxxxx Xxxxx
Large Cap Growth Focus Fund)
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
Hartford Core Funds
DIRECTOR ELITE PLUS VARIABLE ANNUITY
Hartford Core Funds
Prudential 20/20 Focus Fund (ADDED 3/1/01)
Prudential Xxxxxxxx Growth Fund (ADDED 3/1/01)
Prudential Xxxxxxx Xxxxx International Growth Portfolio (NAME CHANGED 5/3/04;
FORMERLY Prudential Xxxxxxxx International Growth Fund, ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 8
1
SCHEDULE B
INVESTMENT FUNDS
HISTORICAL CHANGES
DIRECTOR PREFERRED PLUS VARIABLE ANNUITY
First American International Fund MERGED INTO THE HLS Money Market Fund,
8/27/04. (CLOSED TO NEW MONEY 12/4/03; ADDED 3/6/00)
First American Large Cap Growth Fund MERGED INTO THE HLS Money Market Fund,
8/27/04. (CLOSED TO NEW MONEY 12/4/03; ADDED 3/6/00)
First American Technology Fund MERGED INTO THE HLS Money Market Fund, 8/27/04.
(CLOSED TO NEW MONEY 12/4/03; ADDED 3/6/00)
First American Mid Cap Growth Fund MERGED INTO THE HLS Money Market Fund,
8/27/04. (CLOSED TO NEW MONEY 12/4/03; ADDED 10/15/01)
First American Small Cap Growth Fund MERGED INTO THE HLS Money Market Fund,
8/27/04. (CLOSED TO NEW MONEY 12/4/03; ADDED 10/15/01)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment Xx. 0
0
XXXXXXXX X
XXXXXXXXXX XXXXX
XXX XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
XXXXXX HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Xxxxxx VT American Government Income Fund
Xxxxxx VT Capital Appreciation Fund (ADDED 11/1/00)
Xxxxxx VT Diversified Income Fund
Xxxxxx VT The Xxxxxx Xxxxxx Fund of Boston
Xxxxxx VT Global Asset Allocation Fund
Xxxxxx VT Equity Fund (NAME CHANGED 10/11/02; FORMERLY Putnam VT Global Growth
Fund)
Putnam VT Growth and Income Fund
Putnam VT Growth Opportunities Fund
Putnam VT Health Sciences Fund
Putnam VT High Yield Fund
Putnam VT Income Fund
Putnam VT International Equity Fund (NAME CHANGED 5/1/03; FORMERLY Putnam VT
International Growth Fund)
Putnam VT International Growth and Income Fund
Putnam VT International New Opportunities Fund
Putnam VT Investors Fund
Putnam VT Money Market Fund
Putnam VT New Opportunities Fund
Putnam VT New Value Fund
Putnam VT OTC & Emerging Growth Fund
Putnam VT Research Fund
Putnam VT Small Cap Fund
Putnam VT Utilities Growth and Income Fund
Putnam VT Vista Fund
Putnam VT Voyager Fund
Putnam VT Discovery Growth Fund (NAME CHANGED 5/1/03; FORMERLY Putnam VT Voyager
II Fund ADDED 11/1/00)
Putnam VT Capital Opportunities Fund (ADDED 5/1/03)
Putnam VT Equity Income Fund (ADDED 5/1/03)
Putnam VT Mid Cap Value Fund (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS PUTNAM CORE FUNDS.
HISTORICAL CHANGES
PUTNAM HARTFORD CAPITAL MANAGER PLUS VARIABLE ANNUITY
Putnam VT Asia Pacific Growth Fund MERGED 10/11/02 INTO Putnam VT International
Growth Fund
Putnam VT Technology Fund ADDED 7/17/00, THEN MERGED 10/11/02 INTO Putnam VT
Voyager Fund II
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 8
3
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
American Funds Asset Allocation Fund
American Funds Bond Fund
American Funds Global Growth Fund
American Funds Global Small Capitalization Fund
American Funds Growth Fund
American Funds Growth-Income Fund
American Funds International Fund
American Funds Blue Chip Income and Growth Fund (ADDED 7/5/01)
American Funds New World Fund
Franklin Real Estate Fund (CLOSED TO NEW SALES 5/1/02)
Franklin Small Cap Fund
Franklin Strategic Income Securities Fund
Franklin Mutual Shares Securities Fund
Templeton Global Asset Allocation Fund (NAME CHANGED AND CLOSED TO NEW SALES
5/1/02; FORMERLY Templeton Asset Strategy Fund)
Templeton Developing Markets Securities Fund
Templeton Growth Securities Fund
Templeton Foreign Securities Fund (NAME CHANGED 5/1/02; FORMERLY Templeton
International Securities Fund)
Hartford Money Market Fund
MFS Capital Opportunities Series Fund
MFS Emerging Growth Series Fund
MFS Global Equity Series Fund
MFS Investors Growth Stock Series Fund
MFS Investors Trust Series Fund
MFS High Income Series Fund
MFS Mid-Cap Growth Series Fund (ADDED 9/1/00)
MFS New Discovery Series Fund
MFS Total Return Series Fund
AIM V.I. Aggressive Growth Fund (ADDED 9/20/01)
AIM V.I. Basic Value Fund (ADDED 9/20/01)
AIM V.I. Blue Chip Fund (ADDED 9/20/01)
AIM V.I. Capital Appreciation Fund (ADDED 9/20/01)
AIM V.I. Dent Demographics Trends Fund (ADDED 9/20/01)
AIM V.I. Government Securities Fund (ADDED 9/20/01)
AIM V.I. International Growth Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I.
International Equity Fund ADDED 9/20/01)
AIM V.I. Mid Cap Core Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Mid
Cap Equity Fund ADDED 9/20/01)
AIM V.I. Premier Equity Fund (NAME CHANGED 5/1/02; FORMERLY AIM V.I. Value Fund
ADDED 9/20/01)
AIM V.I. Small Cap Equity Fund (ADDED 11/3/03)
Franklin Income Securities Fund (ADDED 5/1/02)
Franklin Large Cap Growth Securities Fund (ADDED 5/1/02)
Franklin Mutual Discovery Securities Fund (ADDED 5/1/03)
Franklin Rising Dividends Securities Fund (ADDED 5/1/03)
MFS Value Series (ADDED 5/1/03)
THE ABOVE FUNDS WILL BE REFERRED TO AS LEADERS CORE FUNDS.
HARTFORD LEADERS SOLUTION PLUS VARIABLE ANNUITY (ADDED 3/7/02)
Leaders Core Funds
Merrill Lynch Global Growth V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Merrill
Lynch Global Growth Focus Fund)
Merrill Lynch Large Cap V.I. Fund (NAME CHANGED 5/1/02; FORMERLY Merrill Lynch
Large Cap Growth Focus Fund)
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 8
4
SCHEDULE B
INVESTMENT FUNDS
HARTFORD LEADERS PLUS VARIABLE ANNUITY SERIES
FUNDS AND STATUS CHANGES
HARTFORD LEADERS ELITE PLUS VARIABLE ANNUITY
Leaders Core Funds
Prudential Jennison Growth Fund (ADDED 3/1/01)
Prudential William Blair International Growth Portfolio (NAME CHANGED 5/3/04;
FORMERLY Prudential Jennison International Growth Fund, ADDED 3/1/01)
Prudential Value Fund (ADDED 3/1/01)
Prudential 20/20 Focus Fund (ADDED 3/1/01)
HISTORICAL CHANGES
HARTFORD LEADERS PLUS VARIABLE ANNUITY
Franklin Technology Securities Fund MERGED 5/1/03 INTO Franklin Small Cap Fund
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 8
5
AMENDMENT NO. 9 TO
AUTOMATIC REINSURANCE AGREEMENT NO. 2000-12, DATED MARCH 13, 2000
between
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(CEDING COMPANY)
and
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
(REINSURER)
Effective July 1, 2004, this Amendment is hereby attached to and becomes a part
of the above-described Reinsurance Agreement. It is mutually agreed that:
This Amendment concerns reinsured contracts that elect the GIB Rider (also known
as "Principal First") attached to Amendment 3 of this Agreement.
1. EXHIBIT II, REINSURANCE PREMIUMS, is hereby replaced by the attached revised
Exhibit II, to set forth the reinsurance premiums, revised in accordance with
Amendment 4.
2. The revised reinsurance premiums shall apply as of the Effective Date of
this Amendment to inforce contracts reinsured hereunder that elect the GIB Rider
on or after November 1, 2002.
This Amendment does not alter, amend or modify the Reinsurance Agreement other
than as set forth in this Amendment, and it is subject otherwise to all the
terms and conditions of the Reinsurance Agreement together with all Amendments
and supplements thereto.
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ Charles N. Vest Date: April 18, 2005
------------------------------------------
Name/Title Charles N. Vest, Vice President
Attest: /s/ Daniel R. Guilbert
------------------------------------------
Name/Title Daniel R. Guilbert, Assistant
Vice President
AXA CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY
By: /s/ Michael S. Sakoulas Date: 4 April 2005
------------------------------------------
Michael S. Sakoulas, Senior Vice President
Attest: /s/ Julia Cornely
------------------------------------------
Julia Cornely, Assistant Vice President
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 9, Effective July 1, 2004
EXHIBIT II
REINSURANCE PREMIUMS (CONTINUED)
FOR CONTRACTS WITH THE GIB -- PRINCIPAL FIRST RIDER
EFFECTIVE JULY 1, 2004 FOR GIB ELECTIONS OCCURRING ON OR AFTER NOVEMBER 1, 2002
A. BASIC BENEFIT
[REDACTED]
B. OPTIONAL ENHANCED BENEFIT
[REDACTED]
Hartford Life Treaty No. 2000-12, Effective March 13, 2000
Amendment No. 9, Effective July 1, 2004
