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Schedule I
To
Sales Support Agreement Effective November 1, 2000
Individual Annuity Contracts:
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Diversifier II Individual Variable and Fixed Annuity Contracts - Flexible
Purchase Payments. Policy forms DI-283-F, DI-883-F, DI-1182-V, DI-783-V, DV-790
and DV-790-F and variations thereof as required under state insurance laws.
Penn Mutual Optimizer Group Variable and Fixed Annuity Contract - Flexible
Purchase Payments. Policy form EB1555 and variations thereof as required under
state insurance laws.
Tradewind Individual Deferred Annuity Contract-Single Purchase Payment. Policy
SPDA-96 and variations thereof as required under state insurance laws.
Pennant Select Individual Variable and Fixed Annuity Contract - Flexible
Purchase Payments. Policy form VAA-98 and variations thereof as required under
state insurance laws.
Commander Individual Variable and Fixed Annuity Contract - Flexible Purchase
Payments. Policy form VAB-98 and variations thereof as required under state
insurance laws.
Olympia XT Individual Variable and Fixed Annuity Contract - Flexible Purchase
Payments. Policy form BVA-00 and variations thereof as required under state
insurance laws.
Compensation:
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With respect to Individual Annuity Contracts sold by designated Penn Mutual
agents/registered representative contracted through a Penn Mutual Career Agency
office (CAS), Penn Mutual shall compensate HTK as follows:
1. 0.24% of Diversifier II purchase payments made in the first contract year.
0.12% of Diversifier II purchase payments made in the second and subsequent
contract years.
Amounts transferred from a Fixed Annuity Contract to an Variable Contract
or vice versa are not purchase payments under the contract to which the
amounts are transferred.
2. 0.24% of Penn Mutual Optimizer purchase payments made in the first contract
year.
0.12% of Penn Mutual Optimizer purchase payments made in the second and
subsequent contract years.
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3. 0.07% of Tradewind purchase payments.
4. 0.24% of Pennant Select purchase payments.
5. 0.10% of Commander purchase payments
6. 0.24% of Olympia XT purchase payments.
With respect to Individual Annuity Contracts sold by designated Penn Mutual
agents/registered representative contracted through a Penn Mutual Regional
office (IFN) or the DiCerbo Agency, PCP (DiCerbo), Penn Mutual shall compensate
HTK as follows:
1. 0.20% of Diversifier II purchase payments made in the first contract year.
0.10% of Diversifier II purchase payments made in the second and subsequent
contract years.
Amounts transferred from a Fixed Annuity Contract to an Variable Contract
or vice versa are not purchase payments under the contract to which the
amounts are transferred.
2. 0.20% of Penn Mutual Optimizer purchase payments made in the first contract
year.
0.10% of Penn Mutual Optimizer purchase payments made in the second and
subsequent contract years.
3. 0.20% of Pennant Select purchase payments.
4. 0.075% of Commander purchase payments
5. 0.20% of Olympia XT purchase payments.
Agreed
Attest The Penn Mutual Life Insurance Company
___________________________ By: _______________________________
Richard F. Plush
Vice President Products & Programs
Date: _______________
Attest Hornor, Townsend and Kent, Inc.
___________________________ By: _______________________________
Ronald C. Zimmerman
President and Chief Executive Officer
Date: _______________
