EXHIBIT 1O(I)(3)
AMENDMENT FOUR TO
MARKETING AGREEMENT
THIS FOURTH AMENDMENT TO THE MARKETING AGREEMENT is entered into this 19th day
of November, 2002, and effective as indicated herein, by and between
TRANSAMERICA LIFE INSURANCE AND ANNUITY COMPANY, hereinafter referred to as
"Transamerica," a North Carolina corporation, and LEGACY MARKETING GROUP,
hereinafter referred to as "LMG," a California corporation.
WHEREAS, Transamerica and LMG entered into a Marketing Agreement, dated May 29,
1998, as amended, hereinafter referred to as the "Agreement," wherein
Transamerica and LMG agreed to jointly develop proprietary annuity products,
wherein LMG would market such products on behalf of Transamerica, utilizing its
nationwide distribution channels of duly licensed and appointed Producers in
consideration of the fees as set forth in APPENDIX B of the Agreement.
NOW, THEREFORE, in consideration of the foregoing recitals and mutual promises
hereinafter contained and other good and valuable consideration, the parties
hereto do agree as follows:
1. Add to APPENDIX A, Policy Forms, as follows:
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Product Name Policy Form Numbers Effective Dates
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*
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* * *
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* * *
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* * *
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2. Add to APPENDIX B, "Commission," as follows:
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Compensation to Legacy
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Age Mandated Commission
Reduction
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(b) (g)
Comm. (c) (d) (e) LMG
Policy Form Numbers/ (a) Reduces % Trail Mkt. (f) Trail
Product Name Effective Dates Commission @ Age Reduction (Annual) Allow. Override Com.
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*
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* * * * * * * * *
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* * * * * * * * *
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* * * * * * * * *
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3. Appendix D, "Schedule of Authorized Personnel," is hereby amended to
read as follows:
Representing Legacy Marketing Group
Lynda L. Regan, Chief Executive Officer
R. Preston Pitts, President
Steve Taylor, Chief Financial Officer
Don Dady, Vice President of Marketing
Representing Transamerica
*
*
*
*
4. All other provisions in the Agreement not specifically amended above remain
in effect and unchanged.
IN WITNESS HEREOF, the parties have hereto executed this Agreement.
LEGACY MARKETING GROUP TRANSAMERICA LIFE INSURANCE AND
ANNUITY COMPANY
By: /s/ Don Dady By: /s/ Ken Kilbane
Title: Vice President Title: Vice President
Witness: /s/ Jackie Petersen Witness: /s/ Caroline Kirst
Date: November 21, 2002 Date: November 25, 2002
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