Agmt 2004 Hartford Life Insurance Company

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13.14 Any provision of this Agreemer~ which s proh~ited or unenforceable m arty jurisdiction shah be ineffectnve to the extent such prov~ion s prohibited or unenforceable without irwatidattirg the remaining provisi~, and ary such prohibition or unenforc~ble provision in arty jutisdctian shall not uwallicfate nor render ur~nforc~ble such provision in any other juriscitdion. 13.15 Both the Plan Sponsor and Flariford Life agree to comply in ell materiel with all r~licable federal, state, and local laws and regulations as it affects the Plan and its operation including any applicable privacy laws unckr 15 U. S. C. 6801 through 6809. Nothing contained herein shah be rronstrued to prottthit either party from performing any act or not performing erry act as either may be required try statute, court, or other authority having jurisdrefian thereof. 13.16 tf an ambiguity exists in the interpretation of the terms sal forth in the Investment Arrangement and the terms set forth m Hartford Life s respor>se to the Ciiy of San Leort~o's Request for Proposal dated July 30, 2003, sr~h ambiguity st~tf be interpreted m arxordarrce with the pertinent terms set forth in the Agreement 13.17 Two or more dr~icath originals of ttris Agreement may be sigr-ed by the parties, each of which shall be an original but all of which togethersirall wnstiitrrte one and the same instrwnent, 13.16 Ths Agreement and arty written appendcers, amemm~errts and addenda hereto embody the entire Agreement of the parties. Tl>are are no promises, terms, conddiorts or abligaiiorrs other than those contained herein and tlvs Agreement shall supersede au previous c~mmurucations, representatrorrs or agre~nents, either mat or written, betwe~ the patties hereto with respect to this Agreement 13.18 This Agreement stroll be effective immediately upon execution by bath parties and stvall remain ~ force until tertnir>r~ed by either party as provided herein. 13.20 Hartford Life will retain 0.25% (~ bass poirrl9) of administrative terenue it receives th cover the costs to provide the level of setvrces descrbed in the proposal presented to the Empoyer try Hertford life, i~liadi~ a compn:hansiue education program, marketing collateral, individuel kr-person meetings wrfh representatives, daily valuation record keeping, cornpliarice assistar~, reporting investments, Investment Option review process, and thll-free and online services. Hartford lJfe will n~rnik to ttre Empkryer all revenue in excess df O.~k (25 basLs pants) to cover expenses iricured by the Employer m the administration of the defered canpensafion plan., The annualized Distnbuton and Administrative Revenue is based upon average monthly total plan assets, using a weighed averege of the equal revenue received from the Plan Investment Qptions. The revenue to be inckrded in this calcula5on shall include airy Distribution and Administrative Revenue actually paid to Hertford Life, in accordance with the sale and servicing of the irnestmertls allocated to Pariic~nt accounts. 1-~rtford Life v~i~ Calculate the equal Disribufion and Administrative Revenue it receives each calendar quarter and set forth in the format shown ~ Exhit~it A. Shot~d.the Distnbuton and 1{dminstrative Revem-e for a calendar quarter not equal 25 basis pants, annualized, for the precedng calendar quarter, Hartford Life strap notify the City of Sart Leandro of the shortfall. Should tt~ City of San Leandro tail to sutxnit the fuY amount of the stwrtfa~ within 45 days following tiie end of the preceding calendar quarter, Hartford Life reserves the right, in ifs sole discretion, to increase the Progr~n & Admir~trative F.xperrse deductions as set forth in the mast recent Group Funding Agreement The ir>cr~se wn~l remadn in effect throughout the term of the Group Furrang Agreement, and arty Group Fundng Agreement extensions agreed to by the City of San Leandro and Hartford Life. Should the total Distr~rrtion and Admirrstrative Revenue for the precedng c~llendar quarter exceed 25 basis poirrls, annualized, and no defaults are ouistar~ng, Hartford Lse agrees to make payment to the City of San Leandro of arty such amount in excess wrfhin 15 busness hays of the end of the calendar ~~~ For the purposes of this Section, the farm 'Distributon Revenue" shall be defined as the sum of Mutual Fund 12l}1 Fees, Outside Muhral Fund 12b-1 Fees, and Outside Mutual Fund Finder Fees. For tt>e purposes of ttts Section, the term 'Admin'strafnre Revenue° shall be defined as the sum of Mutual Fund Admirristra5ve Fees, U"FA Program and Adminstative Fees, Muhrel Fund Sub Transfer Agenry Fee, Outside tvlutual Fund Sub Transfer Agerwy Fee, and Outside Muhl Fund Admirrstr~afive Fees. ~.0 Self-Directed Bre Account Option The Plan Spor>9or desires to offer to ParticQahs in its Deietred Compensation Plaq a self-erected investrnent am3ngement. The Plan Sponsor's Investment Artangemerd with Hartford Life provides for the offering of a Related Participant Directed Account Option (as defined ~ the. lrnestinerrt Arrangement). The Plan Sponsor and Hartford Life agree ttmt a Self-0itected Brokerage Account in the arstody of Ghartas 5ct-wab & Co., Inc. i; Scirwab~ constitutes a Rested Pattieant Directed Account Option wittfin the mearRng of the Imrestrnent Arrangement The.Plan Sponsor designates Irwestors Bank & Trust Comparry io serve as trt>stee (°Tnstee~ in convection wjth the Self- Dir~ted Brokerage Accounts established with Schwab. Schwab will designate the Tnistee as the holder of legal title to the assess of the Self-Directed Brokerage Accounts. ~i7 ASA - 01-03