Common use of Parties and Purpose Clause in Contracts

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the “Agreement”) supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 11 contracts

Samples: Participation Agreement (Separate Account Va Y), Participation Agreement (Separate Account Va W), Participation Agreement (Separate Account Va B)

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Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT This agreement (the “Agreement”) supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A a (together the “Company” or “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, directly on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust. This Agreement supersedes and replaces in its entirety: (1) the Participation Agreement - Hartford Leaders among Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, Harford Securities Distribution Company, Inc., the Trust and the Underwriter dated May 1, 2000, as amended; and (2) the Participation Agreement - Hartford Non-Leaders among Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, Hartford Securities Distribution Company, Inc., the Trust and the Underwriter dated May 1, 2000 as amended.

Appears in 3 contracts

Samples: Participation Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Participation Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Participation Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the “Agreement”) supercedes and replaces the Participation Agreement, dated as of [May 1, 2000], together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 2 contracts

Samples: Participation Agreement (Prudential Variable Contract Account Gi-2), Participation Agreement (Prudential Variable Contract Account Gi-2)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes supersedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments ("Prior Agreement"), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the ''Trust"), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us"), the insurance company identified on Schedule A (together “''you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 2 contracts

Samples: Participation Agreement (Principal Life Insurance Co Separate Account B), Participation Agreement (Principal Life Insurance Co Separate Account B)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the “Agreement”) supercedes and replaces the The Participation Agreement, dated as of May January 1, 20002004, together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies company identified in Schedule A of the Prior Agreement on their its own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The , is hereby superseded and replaced in its entirety by this Amended and Restated Participation Agreement (the “Agreement”) which is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together the “Company” or “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, directly on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Protective Variable Annuity Separate Account)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments ("Prior Agreement"), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The This Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), ) and the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset separate account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Nationwide VL Separate Account-G)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT This agreement (the "Agreement") supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and is between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereofportfolios, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Templeton Variablx Xxxxxxxce Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the "Trust"), Franklin/Xxxxxxxxx DistributorsFranklin Templeton Distribxxxxx, Inc.Xxc., a California corporation which is the principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us”), the ") and each insurance company identified on Schedule A (together “"you”) "), and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). This Agreement shall create a separate agreement for each insurance company and each distributor identified on Schedule A of this Agreement ("Company") as though each Company had separately executed an identical participation agreement with the Trust and the Underwriter. No rights, responsibilities or liabilities arising under the Agreement as it pertains to one Company shall be enforceable by or against any party to the Agreement as it pertains to another Company. The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Hartford Life Insurance Co Separate Account Two Dc Var Ac Ii)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the “Agreement”) supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT This agreement (the "Agreement") supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and is between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereofportfolios, specified below and in Schedule CSchedules C-1 and C-2, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the “Trust”"FTVIP"), Franklin/and of Templeton Variable Products Series Fund, an open-end management investment company organized as a business trust under Massachusetts law ("TVP," referred to in this Agreement together with FTVIP as the "Trust"), Franklin Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us”), ") and the insurance company companies identified on Schedule A a (together “"you”) and your distributor"), on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or "Accounts"). On October 21 and 22, 1999, the FTVIP and TVP Boards of Trustees approved a proposal to merge the funds of TVP into the corresponding funds of FTVIP (the "Reorganization"). The Reorganization is expected to be completed around May 1, 2000, after which it is anticipated that TVP will deregister as an investment company and dissolve as a business trust. You and we agree that, after the completion of the Reorganization, TVP will no longer be a party to this Agreement and the representations and warranties of the Trust provided in this Agreement will no longer be made by TVP and will be made solely by FTVIP. The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, consistent with the terms of the prospectuses of the PortfoliosSchedules C-1 and C-2, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts") that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Preferred Life Variable Account C)

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Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes and replaces the Participation Agreement, dated as of May 1July 20, 20002001, together with all subsequent amendments ("Prior Agreement"), by and between certain 39861_1 portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the "Trust"), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the "Underwriter," and together with the Trust, "we" or "us"), the insurance company identified on Schedule A (together "you") and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time ("Account" or '''Accounts"). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust ("Portfolios") that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts ("Contracts”) that are identified on Schedule D. "). This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Separate Account Ny B of Reliastar Life Insurance Co of Ny)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes and replaces the Participation Agreement, dated as of [May 1, 2000], together with all subsequent amendments ("Prior Agreement"), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance 45458_3 companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Pruco Life Variable Universal Account)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes supersedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments ("Prior Agreement"), by and between certain portfolios and classes of Franklin Xxxxxxxxx Txxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Txxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Txxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Txxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Kansas City Life Variable Annuity Separate Account)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the "Agreement") supercedes and replaces the Participation Agreement, dated as of [May 1, 2000], together with all subsequent amendments ("Prior Agreement"), by and between certain portfolios and classes of Franklin Xxxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory business trust under Delaware Massachusetts law (the “Trust”), Franklin/Xxxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Pruco Life of New Jersey Variable Appreciable Account)

Parties and Purpose. THIS AMENDED AND RESTATED PARTICIPATION AGREEMENT (the “Agreement”) supercedes and replaces the Participation Agreement, dated as of May 1, 2000, together with all subsequent amendments (“Prior Agreement”), by and between certain portfolios and classes of Franklin Xxxxxxxxx Txxxxxxxx Variable Insurance Products Trust specified in Schedule C of the Prior Agreement, Franklin/Xxxxxxxxx Txxxxxxxx Distributors, Inc. and the insurance companies identified in Schedule A of the Prior Agreement on their own behalf and behalf of each segregated asset account listed in Schedule B of the Prior Agreement. The Agreement is entered by and between certain portfolios and classes thereof, specified below and in Schedule C, of Franklin Xxxxxxxxx Txxxxxxxx Variable Insurance Products Trust, an open-end management investment company organized as a statutory trust under Delaware law (the “Trust”), Franklin/Xxxxxxxxx Txxxxxxxx Distributors, Inc., a California corporation which is the principal underwriter for the Trust (the “Underwriter,” and together with the Trust, “we” or “us”), the insurance company identified on Schedule A (together “you”) and your distributor, on your own behalf and on behalf of each segregated asset account maintained by you that is listed on Schedule B, as that schedule may be amended from time to time (“Account” or “Accounts”). The purpose of this Agreement is to entitle you, on behalf of the Accounts, to purchase the shares, and classes of shares, of portfolios of the Trust (“Portfolios”) that are identified on Schedule C, consistent with the terms of the prospectuses of the Portfolios, solely for the purpose of funding benefits of your variable life insurance policies or variable annuity contracts (“Contracts”) that are identified on Schedule D. This Agreement does not authorize any other purchases or redemptions of shares of the Trust.

Appears in 1 contract

Samples: Participation Agreement (Principal Life Insurance Co Separate Account B)

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