My WebLink
|
Help
|
About
|
Sign Out
Home
Agmt 2004 Hartford Life Insurance Company
CityHall
>
City Clerk
>
City Council
>
Agreements
>
2004
>
Agmt 2004 Hartford Life Insurance Company
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/12/2009 10:38:08 AM
Creation date
8/7/2009 12:37:31 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
3/18/2004
Retention
PERM
Document Relationships
Reso 2004-029
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2004
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
50
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(iii) The CFA Owner agr~s not to offer an iuvt fiord to the Plan which the <br />Company considers to be a competing fixed income fund, unless the Company <br />gives its prior written consent <br />(iv) The GFA Owner agrees that all information necessary to process Contributions <br />among fhe im~estment options under the GFA and requests for payments from the <br />GFA shall be submitted. by the GFA Qwner to the Compaq within. ~' (30} <br />days of the date a Contribution is made to the GFA or an amount is to be <br />withdrawn from the GFA Any information required by the Company in order to <br />perform any agreement or obiigatian under the GFA, will be properly authorized <br />by the GFA Owner and promptly forwarded by Written Notice to the Compaq. <br />(i) ~Ex~erience Credits <br />The Company may' apply experience credits under this GFA based on investment, <br />administrative or other factors. Experience credits may be applied, either prospectively or <br />retrospectively, as a reduction in the deduction for program and administrative expenses, <br />an increase in the rate of interest credited to the General Account under the GFA, a <br />Payment to be allocated as directed by the GFA Owner, or arty combination of the <br />foregoing. The Company may apply and allocate experience credits in such manner. as the <br />Company deems appropriate for the class of contracts to which this GFA belongs within <br />the state of issue. Any such credit will be computed for the contracts of ~e same class in <br />accordance withthe Comp~y's arlmin;cl-rativeprnctice consistently applied F.~peaience <br />Credits may be discontinued in the event of a change in applicable factors. <br />(j) Payme~its for GFA and Flan Relaxed Exnenses <br />If directed, by the GFA Owner and agreed to by the Company,lhe Company may deduct <br />amounts from the assets under this GFA to pay certain administrative expenses, GFA <br />expenses or other Plan related expanses including, but not limited to, fees to consultants, <br />auditors, counsel; Hartford Life Insurance Comparry, its affiliates and any other Plan <br />service providers. Such amounts may be.deducted under this GFA and paid to the GFA <br />Owner or paid as directed. by ~.e GFA Owner. VPi~ flee Company°s consent, amounts to be <br />deducted pursuant to this Section may be included as an adjustment to ~e charge for the <br />Deduction for Program. and Administrative Expenses deducted from a Separate Account <br />The Company may retain the fees paid by the Funds to Hartford. Life Insurance Company <br />or its off luxes for service provided to the Funds in addition to any other few paid under <br />this GFA for management and for other services related to the same assets. <br />(k) Plan tWhanaes <br />The GFA Owner will furnish the Company a copy of the Plan which is funded by this <br />GP'A While taus GFA remains in-force, the GFA Owner will also furnish a copy of each <br />amendment to such Plan. The tszms of the Plan in effect on the Effective Date of this GFA <br />apply to this GFA Plan amendments received by the Company will also apply to this GFA <br />unless the Company notifies the GFA Owner otherwise within ninety (90} days following <br />HL-16553 16 <br />
The URL can be used to link to this page
Your browser does not support the video tag.