Common use of Fund Changes Clause in Contracts

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. 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 and Annuity 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.