Fund Changes Clause Samples

Fund Changes. The Ceding Company may, at its sole discretion, amend, substitute, add or delete funds to the contracts underlying the Business Reinsured. ▇▇▇▇▇▇▇ Resolution Life and Annuity Insurance Company and TR Re, Ltd. Annuity Reinsurance Agreement Effective October 1, 2021 Page 27

Fund Changes. When sub-accounts of the separate account are added, deleted, or changed, the company must make an informational filing with the Albany office. Such filing must include a copy of the approval letter from the Department’s Life Bureau in New York City for the amended Plan of Operations, or if such approval has not been received, a copy of the Department’s acknowledgement letter for that filing and, if applicable, a statement explaining the plan was deemed approved by operation of law under §4240(e) of the Insurance Law. (Note: The new funds cannot be utilized until the Life Bureau in New York City has approved the new/amended Plan of Operations.)

Fund Changes. (a) Keeping the LBL Contracts in alignment with the Fund companies as it relates to Fund changes, mergers and closures.

Fund Changes. The Ceding Company may amend, substitute, add, or delete Funds to the Variable Annuity Contracts on Business Reinsured under this Agreement at its sole discretion, subject to the following conditions: Principal First Reinsurance Agreement Between Hartford Life Insurance Company and Swiss Re Life & Health America Inc. Effective July 24, 2008 <Page> a. the Ceding Company providing the Reinsurer with thirty (30) days advance written notice of such amendments, substitutions, additions or deletions; and b. following such amendment, substitution, addition or deletion, the Ceding Company continues to offer, in its Variable Annuity Contracts, at least one Fund in any seven (7) of the eleven (11) Fund Categories listed in Schedule D.

Fund Changes. (a) Keeping the Company Business in alignment with the Fund companies as it relates to Fund changes, mergers and closures. (b) Responding to the Administrator’s recommendations as to changes to Fund options, as permitted pursuant to the terms of this Agreement.