0000080424-18-000055 Sample Contracts

EXHIBIT (10-3)
Memorandum of Understanding • August 7th, 2018 • PROCTER & GAMBLE Co • Soap, detergents, cleang preparations, perfumes, cosmetics

This memorandum dated as of December 30, 1997, reflects the understanding and agreement between The Procter & Gamble Company as policyholder (“Policyholder/P&G”) of a Flexible Premium Group Variable Life Insurance Policy (the “Policy”) and Metropolitan Life Insurance Company (“Carrier/Metropolitan”).

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