FIRST AMENDMENT TO THE RETAIL FUND PARTICIPATION AGREEMENT
BY AND BETWEEN HARTFORD LIFE INSURANCE COMPANY
AND
XXXXX FARGO FUNDS DISTRIBUTOR, LLC
THIS FIRST AMENDMENT ("AMENDMENT") is made and entered into as of July 1, 2011,
between Hartford Life Insurance Company ("COMPANY"), Hartford Securities
Distribution Company, Inc. ("HSD"), and Xxxxx Fargo Funds Distributor, LLC
("UNDERWRITER"), amending that certain Participation Agreement by and between
Company and Underwriter, dated July 9, 2010 ("AGREEMENT").
WHEREAS, the parties desire to amend the Agreement to delete the existing
Schedule B and replace it with a new Schedule B; and
WHEREAS, HSD is a broker-dealer registered with the Securities Exchange
Commission under the Securities Act of 1934, a member of the Financial Industry
Regulatory Authority, and affiliate of Hartford Life Insurance Company; and
WHEREAS, the parties desire to add HSD as a party to the Agreement.
NOW, THEREFORE, the parties agree as follows:
1. HSD is added as party to the Agreement.
2. Section 9.1(a) is hereby amended to add the following to the end of this
section:
If to Hartford Securities Distribution Company, Inc.:
Hartford Securities Distribution Company, Inc.
000 Xxxxxxxxx Xxxxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
Attention: Vice President, Retirement Plans Group
3. Schedule B to the Agreement is deleted in its entirety and replaced with
the attached Schedule B.
4. In all other respects the Agreement remains in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment.
(Signatures on the following page)
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HARTFORD LIFE INSURANCE COMPANY HARTFORD SECURITIES
DISTRIBUTION COMPANY, INC.
Xxxxxxx X. Xxxx, AVP Xxxxxxx X. Xxxx, AVP
---------------------------------------- ------------------------------
Print name and title Print name and title
/s/ Xxxxxxx X. Xxxx /s/ Xxxxxxx X. Xxxx
---------------------------------------- ------------------------------
Signature Signature
9/8/11 9/8/11
---------------------------------------- ------------------------------
Date Date
XXXXX FARGO FUNDS DISTRIBUTOR, LLC
Xxxx Xxxx -- President
----------------------------------------
Print name and title
/s/ [ILLEGIBLE]
----------------------------------------
Signature
8/31/11
----------------------------------------
Date
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SCHEDULE B
In consideration of the services provided by the Company, Underwriter or its
designee agrees to pay the Company, or its affiliate Hartford Securities
Distribution Company, Inc., an amount equal to the following basis points per
annum on the average aggregate amount invested by the Company's Separate
Account(s) in each Portfolio under the Fund Participation Agreement, such
amounts to be paid within 30 days of the end of each calendar quarter.
Fees paid in accordance with each Fund's Rule 12b-1 and/or Shareholder Servicing
plan identified below will be made payable to Hartford Securities Distribution
Company, Inc., a broker-dealer registered with the Securities Exchange
Commission under the Securities Act of 1934 and member of the Financial Industry
Regulatory Authority. Other fees paid for sub-accounting/recordkeeping services
will be made payable to the Company.
TOTAL ANNUAL
CLASS NAME 12B-1/SSF OTHER FEES RATE
-------------------------------------------------------------------------------------------------------------------
A/Investor -- Equity 25 bps 30 bps 55 bps
A/Investor -- Fixed Income 25 bps 20 bps 45 bps
Administrator -- Equity 25 bps 10 bps 35 bps
Administrator -- Fixed Income 25 bps 0 bps 25 bps
Institutional -- Equity 0 bps 15 bps 15 bps
Institutional -- Fixed Income 0 bps 5 bps 5 bps
R -- Equity (except International Equity) 50 bps 30 bps 80 bps
R -- Fixed Income & International Equity 50 bps 30 bps 80 bps
Money Market Funds 0 bps 0 bps 0 bps
Agreement excludes C&B Funds and Index Funds, which will receive the standard
servicing fee as outlined in the Fund(s)'Prospectus(es).
WIRE/ACH FOR PAYMENT OF FEES
Please ensure Fund company name, fee type and payment period incurred are
included in the wire or ACH. Wire or ACH instructions are subject to change
without necessitating an amendment and any such change will be communicated by
Company/HSD. Instructions:
Bank of America
Xxxxxxxx, XX 00000
Acct. Name: Hartford Life Insurance Company
ABA# 000000000
Acct# 50213808
ACH instructions are the same EXCEPT the ABA is 000000000
Bank of America
Xxxxxxxx, XX 00000
Acct. Name: Hartford Securities Distribution Company, Inc.
ABA# 000000000
Acct# 50451925
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