Common use of POLICY SPLIT OPTION Clause in Contracts

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% of the retention limit shown in Exhibit A for the original policy. If the original policy was ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select Treaty

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, the Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% of the retention limit shown in Exhibit A for the original policy. If the original policy was IDS Succession Select Treaty ceded facultatively, on each Opted Policy the Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY IDS Succession Select Treaty

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% of IDSL-NY Succession Select Treaty the retention limit shown in Exhibit A for the original policy. If the original policy was ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select Treaty

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to IDSL-NY Succession Select Treaty bring retained risk on the life, whether on the Opted policy or another policy, to 50% of the retention limit shown in Exhibit A for the original policy. If the original policy was ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select Treaty

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% [percentage] of the retention limit shown in Exhibit A for the original policy. If the original policy was IDSL-NY Succession Select Treaty ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select Treaty

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% of IDSL Succession Select Treaty the retention limit shown in Exhibit A for the original policy. If the original policy was ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select Treaty.

POLICY SPLIT OPTION. The Reinsurer will continue to reinsure the two policies ("Opted Policies") resulting from exercise of any policy split option rider reinsured under this Agreement. If the original policy was ceded automatically, Ceding Company will continue reinsurance (using the original proportionate share under this Agreement) on the Opted policy as necessary to bring retained risk on the life, whether on the Opted policy or another policy, to 50% of the retention limit shown in Exhibit A for the original policy. If the original policy was ceded facultatively, on each Opted Policy Ceding Company will continue reinsurance consistent with the original cession. If the plan of the Opted Policy is reinsured by the Reinsurer, either under this Agreement or under a different Agreement, reinsurance premium rates for the Opted Policy will be those contained in the Agreement that covers the new plan. However, if the new plan is not reinsured by the Reinsurer, reinsurance premiums for the Opted Policy will be agreed between the parties. Reinsurance premiums and any allowances for Opted Policies will be on a point-in-scale basis from the original issue age of the policy. IDSL-NY Succession Select IDS VUL JLLS Generic Master Treaty