Document:

Designated Beneficiary Non-Qualified Annuity Endorsement

 BRIGHTHOUSE LIFE INSURANCE COMPANY OF NY 

[200 Park Avenue 
 New York, New
York   10166] 

							
			
	 	 	 	 	

 DESIGNATED BENEFICIARY NON-QUALIFIED ANNUITY ENDORSEMENT 

This Endorsement shall be attached to and form a part of the Contract issued to a designated beneficiary who is an Annuitant payee upon the
death of the owner of a non-qualified deferred annuity contract (“Owner”) where (1) such death occurred prior to the annuity starting date and (2) within 12 months of the date of such death where the Annuitant assigns death proceeds to
which he or she was entitled under the deceased Owner’s non-qualified deferred annuity contract as a Purchase Payment into the Contract. 

This Endorsement is made a part of the Contract and is effective as of the Issue Date and summarizes the federal income tax rules that apply
to (1) the administration of the Contract, (2) the payment of the proceeds under the Contract and (3) the payment of any Death Benefit from the Contract. 

In order to maintain its status as a non-qualified annuity contract under section 72(s) of the Internal Revenue Code of 1986, as amended, (the
“Code”), in lieu of any provisions in the Contract (including any endorsements thereto) to the contrary, the following provisions shall apply: 
  

	1.	 Where an Owner of a non-qualified deferred annuity contract dies prior to the “Annuity Starting
Date” (as defined under section 72(c)(4) of the Code and the regulations thereunder), the entire contract proceeds or death benefit proceeds must be paid out to the person who is otherwise contractually entitled to receive them (i.e. the
Annuitant) over a period no greater than the Annuitant’s life expectancy in substantially equal payments made at least annually beginning within twelve months of the date of the aforementioned death. 

 

	2.	 The Annuitant will be granted the same rights available to an Owner of the Contract, except that (1) the
Annuitant cannot transfer ownership of the Contract and (2) the Annuitant cannot make any new Purchase Payments to the Contract other than assignment of death proceeds payable to himself or herself with respect to the death of the Owner of the
aforementioned non-qualified deferred annuity contract. Such Purchase Payments must be made before the earlier of (a) the date of the first Required Minimum Distribution payment (see paragraph 7 below) or (b) the first anniversary of the date
of the death of the Owner of the aforementioned non-qualified deferred annuity contract.

 Further, if permitted under the
Code, and if we receive proof satisfactory to Us that the Annuitant will continue to receive payments at least as rapidly as established under the Contract, then proceeds, partial proceeds or payments from the Contract may be assigned under a
section 1035 exchange, but only to the extent those amounts exceed the Required Minimum Distribution for the year of the exchange. 
  

	3.	 The Contract shall be titled, “Owner, Deceased, Date of Death, for the benefit of (“f/b/o”)
Annuitant,” or in a similar manner chosen by Us which accurately reflects the foregoing information. 

  

	4.	 The Annuitant may name his or her own beneficiary(s) (“Succeeding Beneficiary(s)”).

  

	5.	 The Annuitant has the right to take full or partial withdrawals at any time from the Contract. Where the
Annuitant assigns death proceeds from a Brighthouse Life Insurance Company of NY non-qualified deferred annuity contract or contracts of the Owner into the Contract, full or partial withdrawals from the Contract will not be subject to a withdrawal
charge. Where the Annuitant assigns death proceeds from a contract other than a Brighthouse Life Insurance Company of NY contract (which were owned by the same Owner) to the Contract, withdrawals from the Contract that do not represent Required
Minimum Distributions (see paragraph 7 below) will be subject to the Contract’s withdrawal charges under the schedule set forth in the Contract Schedule page. 

 

	6.	 As required under the Code, an Annuitant must elect and commence taking payments of his or her Required
Minimum Distributions prior to the first anniversary of the death of the Owner of the non-qualified deferred annuity contract. Additionally, the Annuitant must receive the entire Required Minimum Distribution by December 31 of the year in
which the Annuitant commenced taking his or her payments.

  

	7.	 For the first year in which payments commence, the amount of the Required Minimum Distribution shall be based
on: (a) the greater of the Account Value(s) of the non-qualified deferred annuity(s) of the deceased Owner as of December 31 of the calendar year prior to the calendar year the Contract was issued less the amount of any death proceeds
distributed to the Annuitant prior to 

  
 FMLI-NQ-1 (11/05)-I 

	 	 
issuance of the Contract or (b) the amount of the death proceeds deposited into the Contract; (c) divided by the Annuitant’s single life expectancy (as required by and determined under the
Code). Where there is more than one beneficiary under the non-qualified deferred annuity(s) of the deceased Owner, the December 31 Account Value as determined in (a) above shall be adjusted to reflect the percentage of the death proceeds
to which the Annuitant was entitled under the deceased’s contract(s). 

 Required Minimum
Distributions for subsequent years shall be calculated using the previous year’s December 31 Contract Account Value (plus the actuarial value of any additional benefits under the Contract, including but not limited to the value of any
death benefit, as required under the Treasury Regulations to section 401(a)(9)of the Code) divided by the non-recalculated remaining single life expectancy of the Annuitant. 

Withdrawal charges do not apply to amounts paid as Required Minimum Distributions.

 

	8.	 If the Annuitant dies prior to the full distribution of his or her interest in the Contract, the Death Benefit
will be calculated as provided in the Contract and any riders thereto. The Death Benefit will be paid to the Succeeding Beneficiary(s) in a lump sum. 

In the event We make alternative payout options available (which are otherwise in accordance with section 72 of the Code) at
the time of the death of the Annuitant, such payout must be received by the Succeeding Beneficiary at least as rapidly as under the payment stream established by the Annuitant. In no event will the Succeeding Beneficiary be permitted to elect
an additional death benefit or to exchange the Contract under section 1035 of the Code. Such Contract shall be titled, “Owner, Deceased, date of death, f/b/o Annuitant, Deceased, f/b/o Succeeding Beneficiary,” or in a similar manner We
choose which accurately reflects the foregoing information. 
 Such payment(s) will be made as soon as practicable after We
receive satisfactory proof of the Annuitant’s death. 
 The Contract is issued to the Annuitant and is intended to comply with section
72(s) of the Code and will be interpreted accordingly. We reserve the right to amend the Contract so as to comply with the provisions of the federal income tax law, including section 72(s) of the Code. We will notify the Annuitant of any
such amendment, and, when required by law, we will obtain the approval of the appropriate regulatory authority. 
 All other terms and
provisions of the Contract are unchanged. 
 Brighthouse Life Insurance Company of NY has caused this Rider to be signed by its [President]
and [Secretary]. 
  

											
	 [

	 	 Secretary]
	 		 	 [
	 	 

	 	 President]

  
 FMLI-NQ-1 (11/05)-IExhibit 10.1

 

FIRST AMENDMENT

TO THE

HARTE HANKS, INC.

AMENDED & RESTATED RESTORATION PENSION PLAN

 

In accordance with Section 8 of the Harte Hanks, Inc. Restoration Pension Plan (as amended and restated on June 27, 2008) (the “Plan”), Section 9 of the Plan is hereby amended by the Harte Hanks, Inc. Board of Directors so that the penultimate paragraph reads in its entirety as follows:

 

Upon a Change of Control, Harte-Hanks may, in its sole discretion, make an irrevocable contribution to a “rabbi” trust in a amount not to exceed that which is sufficient to pay each Participant or Beneficiary the benefits to which Participants or their Beneficiaries would be entitled pursuant to the terms of this Restoration Plan as of the date on which the Change of Control occurred.

 

IN WITNESS WHEREOF, Harte Hanks, Inc., through the action of its Board of Directors, has caused this instrument to be executed by its duly authorized officer on the 11th day of October, 2016, with immediate effect.

 

	
 
    	
HARTE HANKS, INC.
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Robert L. R.   Munden
    
	
 
    	
 
    	
Robert L. R. Munden
    
	
 
    	
 
    	
Executive Vice   President,
    
	
 
    	
 
    	
General Counsel & Secretaryex10-1.htm

 

Early Financial Consulting, LLC

447 E. Prospect Ave, State College, PA 16801 

Telephone:    610-517-1300

 Email:jim@earlycfo.com

 

Exhibit 10.1

 

 

MANAGEMENT ENGAGEMENT LETTER

 

October 11, 2016

 

 

Jack E. Stover 

President and CEO

Interpace Diagnostics Group, Inc. 

300 Interpace Parkway

Parsippany, NJ 07054 

 

Dear Jack:

 

This letter is to confirm our understanding of the terms and objectives of our engagement and the nature and limitations of the management services we will provide. It is our understanding that Interpace Diagnostics Group, Inc., a publicly listed molecular diagnostic company (the "Company"), is in need of a CFO. Early Financial Consulting, LLC, a Pennsylvania Limited Liability Company (EFC), is in the business of providing CFO and other management services, particularly to healthcare and professional service companies. The effective date of this letter is agreed to be October 11, 2016.

 

Below is a summary of the engagement:

 

1.             Scope of Work -Early Financial Consulting (EFC) will provide James Early to perform the requisite outsourced finance and accounting services sufficient to be enable Early to execute corporate documents as the Principal Financial Officer that are periodically filed with the Securities and Exchange Commission (SEC) and other related documents on behalf of the Client as Chief Financial Officer.

 

2.             Fees Schedule - Professional fees under this agreement will be charged at the hourly rate of $250 per hour for the first 30 hours per week and $200 per hour for time in excess of 30 hours per week. EFC shall be responsible for all taxes arising from compensation and other amounts paid under this engagement letter and neither federal, state, nor local income taxes shall be withheld or paid by the Company on behalf of EFC.

 

3.             Weekly invoices are due within 15 days of presentment. EFC reserve the right to suspend services or to withdraw from this engagement in the event that any invoices are deemed delinquent. In the event that any collection action is required to collect unpaid balances due, the Company agrees to reimburse EFC for costs of collection, including attorneys' fees. If EFC elects to terminate its services for nonpayment, the engagement will be deemed to have been completed upon written notification of termination and the Company will be obligated to compensate EFC through the date of termination.

 

 

Page 1

 

 

 

Early Financial Consulting, LLC

447 E. Prospect Ave, State College, PA 16801 

Telephone:    610-517-1300

 Email:jim@earlycfo.com

 

 

4.             Expenses will be invoiced including local travel

 

5.            Client Data - EFC will depend on Company data and assume that the Company has provided complete and accurate data in order to fully inform EFC in preparation to sign as Principal Financial Officer.

 

6.             Insurance -EFC will be covered under the Company Director and Officer insurance policy

 

7.             Independent Contractor -EFC shall not be deemed an employee

 

8.             Limitation of Liability; Indemnification. In the event that we are or may be obligated to pay any cost, settlement, judgment, fine, penalty, or similar award or sanction (collectively, "Losses") as a result of a claim, investigation, or other proceeding instituted by any third party for any reason with respect to these services or for any association with the Company, direct or indirect, you agree to indemnify us, defend us, and hold us harmless as against such obligation except for any Losses that are judicially determined to have resulted from our bad faith, willful misconduct or gross negligence. Additionally, Company shall indemnify Jim Early with respect to all third party claims by means of a Company D&O policy and shall cause Company insurance carrier to provide a certificate to him, as evidence thereof, both initially and as renewed .

 

9.             Termination -Either party may terminate the agreement by giving 30 days written notice except as otherwise provided within this Agreement. EFC shall be entitled to all unpaid fees and expenses

 

10.           Governing Law -New Jersey

 

11.           Miscellaneous - entire agreement and is not assignable unless consented to in writing by EFC

 

12.           W-9 will be attached to the agreement

 

EFC is authorized to speak for and represent the Company in any commercially reasonable manner within the guidelines of this Agreement, however, EFC is not authorized to obligate the Company without the prior written consent of the Company.

 

Itis our policy to retain engagement documentation for a period of seven years, after which time we will commence the process of destroying the contents of our engagement files. To the extent we accumulate any of your original records during the engagement, those documents will be returned to you promptly upon completion of the engagement, and you will provide us with a receipt for the return of such records.

 

 

 

	
 EFC Management Engagement Letter
	
 Page 2

 

 

 

 

Early Financial Consulting, LLC

447 E. Prospect Ave, State College, PA 16801 

Telephone:    610-517-1300

 Email:jim@earlycfo.com 

 

 

In the event we are required to respond to a subpoena, court order or other legal process for the production of documents and/or testimony relative to information we obtained and/or prepared during the course of this engagement, you agree to compensate us at our standard hourly rates then existing for the time we expend in connection with such response, and to reimburse us for all of our out-of-pocket costs incurred in that regard.

 

Any dispute (other than our efforts to collect an outstanding invoice) that may arise regarding the meaning, performance or enforcement of this engagement or any prior engagement that we have performed for you, will, prior to resorting to litigation, be submitted to mediation , and the parties will engage in the mediation process in good faith. Any mediation initiated as a result of this engagement shall be administered within the county of Mercer, New Jersey by the American Arbitration Association, according to its mediation rules, and any ensuing litigation shall be conducted within said county, according to New Jersey law. The results of any such mediation shall be binding only upon agreement of each party to be bound. The costs of any mediation proceeding (other than professional fees incurred by each party) shall be borne by the Company.

 

Any litigation arising out of this engagement, except actions by us to enforce payment of our professional invoices, must be asserted within one year from the date any such cause of action accrues, or within three years from the completion of the engagement, whichever is earlier, notwithstanding any statutory provision to the contrary. In the event of litigation brought against us, any judgment you obtain shall be limited in amount, and shall not exceed the amount of the previous six months fees charged by us, and paid by you, for the services set forth in this engagement letter.

 

This engagement letter is contractual in nature, and includes all of the relevant terms that will govern the engagement for which it has been prepared. The terms of this letter supersede any prior oral or written representations or commitments by or between the parties. Any material changes or additions to the terms set forth in this letter will only become effective if evidenced by a written amendment to this letter, signed by all of the parties.

 

If, after full consideration and consultation with counsel if so desired, you agree that the foregoing terms shall govern this engagement, please sign the copy of this letter in the space provided and return the original signed letter to me, keeping a fully-executed copy for your records.

 

Thank you for your attention to this matter, and please contact me with any questions that you may have.

 

Very truly yours,

 

 

	
Early Financial Consulting, LLC
	
 

	
 
	
 

	
/s/ James Early
	
October 12, 2016

	
By: James Early
	
Date

	Member	 

 

 

 

ACCEPTED AND AGREED:

 

Interpace Diagnostics Group, Inc.

 

 

 

	
/s/ Jack E. Stover
	
October 12, 2016 

	
By: Jack Stover
	
Date

	
Its: CEO
	
 

 

 

 

	
 EFC Management Engagement Letter
	
 Page 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}]]