Common Contracts
5 similar Participation Agreement contracts by Merrill Lynch Life Variable Annuity Separate Account A, Ml of New York Variable Annuity Separate Account A, Separate Account Va Cc, TFLIC Separate Account VNY
Participation Agreement (Federated)Participation Agreement • April 26th, 2012 • Merrill Lynch Life Variable Annuity Separate Account A • Pennsylvania
Participation Agreement (Federated)Participation Agreement • April 25th, 2012 • TFLIC Separate Account VNY • Pennsylvania
Assume that the total fund expense is 100 basis points. Of such 100 basis points, Federated retains 40 basis points and pays out 60 basis points to clients. As a result, the pro-rata ratio is 40/60. With respect to a particular month’s waiver, if the waiver was 10 basis points, then the 40/60 split would be applied such that Federated’s share of the waiver would be 4 basis points and the clients (in total) would realize a 6 basis point waiver for that month. This calculation is done by considering the total amount retained by Federated and the total amount paid to all clients; the calculation is not done on a client by client basis.
Participation Agreement (Federated)Participation Agreement • April 23rd, 2012 • Merrill Lynch Life Variable Annuity Separate Account A • Pennsylvania
Participation Agreement (Federated)Participation Agreement • April 23rd, 2012 • Ml of New York Variable Annuity Separate Account A • Pennsylvania
Participation Agreement between Monumental Life Insurance Company, Federated Insurance Series, and Federated Securities Corp.Participation Agreement • April 17th, 2012 • Separate Account Va Cc • Pennsylvania
Assume that the total fund expense is 100 basis points. Of such 100 basis points, Federated retains 40 basis points and pays out 60 basis points to clients. As a result, the pro-rata ratio is 40/60. With respect to a particular month’s waiver, if the waiver was 10 basis points, then the 40/60 split would be applied such that Federated’s share of the waiver would be 4 basis points and the clients (in total) would realize a 6 basis point waiver for that month. This calculation is done by considering the total amount retained by Federated and the total amount paid to all clients; the calculation is not done on a client by client basis.
