Common use of FUNCTIONAL SUPPORT SERVICES Clause in Contracts

FUNCTIONAL SUPPORT SERVICES. Provider shall provide (i) actuarial services, including rate and profit share analysis, product development, counseling on reserving requirements, work required for or in support of rate and/or form submissions and actuarial certifications, (ii) telecommunications services and electronic data processing services, facilities and integration, including software programming and documentation, hardware utilization related to provision of certain policy owner services and administration, a system facilitating access to Provider's electronic data processing system, (iii) legal services, including representation of Company in the prosecution or defense of actions and in the negotiation and preparation of contracts, agreements and agency documents, product development and drafting and filing of policies and forms, governmental relations and advising on regulatory compliance and rendering opinions on various legal matters, (iv) purchasing and employee relations services, and (v) consultation in negotiating banking, accounting, and treasury arrangements.

Appears in 9 contracts

Samples: Administrative Services Agreement (John Hancock Life Insurance Co of New York Separate Account B), Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account B), Administrative Services Agreement (Manufacturers Life Insurance Co of New York Sep Account A)

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