EXHIBIT 99.3 NONQUALIFIED STOCK OPTION AGREEMENT ----------------------------------- This AGREEMENT (the "Agreement") is made as of ______, _____ (the "Date of Grant") by and between SCOTTISH ANNUITY & LIFE HOLDINGS, LTD., a Cayman Islands company...Nonqualified Stock Option Agreement • December 8th, 2000 • Scottish Annuity & Life Holdings LTD • Life insurance
