COMMUTATION AND RELEASE AGREEMENTCommutation and Release Agreement • October 28th, 2004 • Annuity & Life Re (Holdings), Ltd. • Life insurance • Connecticut
This Commutation and Release Agreement (the “Agreement”) is made by and between Annuity & Life Reassurance, Ltd. (the “REINSURER”), an insurance company domiciled in Bermuda, and Connecticut General Life Insurance Company (the “COMPANY”), an insurance company domiciled in Connecticut, effective as of the EFFECTIVE DATE (as hereinafter defined). The REINSURER and the COMPANY are hereinafter referred to collectively as the “Parties” and individually as a “Party”.
NEITHER THIS WARRANT NOR THE SHARES OF COMMON STOCK ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD OR OTHERWISE...Annuity & Life Re (Holdings), Ltd. • October 28th, 2004 • Life insurance • New York
THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUED UPON ITS EXERCISE ARE SUBJECT TO THE RESTRICTIONS ON TRANSFER SET FORTH IN SECTION 4 OF THIS WARRANT
