0001047469-03-004522 Sample Contracts

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Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
GENERAL & COLOGNE LIFE RE AUTOMATIC YEARLY RENEWABLE TERM REINSURANCE AGREEMENT #S145-105
The Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co • Connecticut
AUTOMATIC REINSURANCE AGREEMENT
Automatic Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM REINSURANCE AGREEMENT EFFECTIVE January 1, 2000
Automatic and Facultative Yearly Renewable Term Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
YEARLY RENEWABLE TERM REINSURANCE AGREEMENT, Effective March 1, 1996
Yearly Renewable Term Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
MUNICH AMERICAN REASSURANCE COMPANY Automatic Reinsurance Agreement effective April 1, 2000
Vel Ii Account of Allmerica Financial Life Ins & Ann Co • February 10th, 2003

Exhibit I Reinsurance Submission Form Exhibit II Limits and Special Conditions Exhibit III Retention Limits of the Ceding Company Exhibit IV Life Reinsurance Premiums Exhibit V Accidental Death Reinsurance Premiums Exhibit VI List of Risks Reinsured Exhibit VII List of Amendments Exhibit VIII In-Force Summary Form Exhibit IX Underwriting Guidelines ARTICLE I BASIS OF REINSURANCE 1. On and after the effective date of this agreement, the Ceding Company will automatically cede to MARC its quota share as defined in Exhibit II. MARC will automatically accept such quota share within the limits shown in Exhibit II, provided the Ceding Company keeps its retention share and applies its simplified issue underwriting standards in Exhibit IX. The Ceding Company's regular retention limits are shown in Exhibit III. Normal underwriting standards are explained in paragraph 7 of this article. 2. If the Ceding Company is already on the risk for its regular retention under previously issued policies, MAR

REINSURANCE AGREEMENT
Risk Premium Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co • Indiana
ARTICLE I
Automatic Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
AMENDMENT NO. 3 PARTICIPATION AGREEMENT
3 Participation Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
AUTOMATIC RISK PREMIUM REINSURANCE AGREEMENT
Automatic Risk Premium Reinsurance Agreement • February 10th, 2003 • Vel Ii Account of Allmerica Financial Life Ins & Ann Co
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