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                                 EXHIBIT 4(i)

                             AMENDATORY ENDORSEMENT
                            LIFE WITH EMERGENCY CASH

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                     Peoples Benefit Life Insurance Company
    A Stock Company
    Home Office located at: 4333 Edgewood Road NE, Cedar Rapids, Iowa 52499
    (Hereafter called the Company, we, our or us)  (800)-525-6205

                             AMENDATORY ENDORSEMENT

This endorsement is made a part of the annuity contract to which it is attached,
and the following section is amended with additional language to the following
provisions as follows:

SECTION 10 - ANNUITY PAYMENTS

B. FIXED ACCOUNT PAYMENTS

Option 6 - Life with Emergency Cash

Level payments will be made during the joint lifetime of the Payee and a joint
Payee of Your selection. Payments will be made as long as either person is
living, but the annuity may be surrendered (in full or part). The cash value is
equal to a multiple of the payment where that multiple reduces over time to zero
at age 101 of the younger Annuitant. A surrender charge will be applied. Should
the last surviving Annuitant die before age 101 (or IRS Age Limitation Date if
earlier and the contract is qualified), the same cash value would be payable,
but without the surrender charge.

C. VARIABLE ACCOUNT PAYMENT OPTIONS

Determination of the First Variable Payment

Option 3-V - Life Income
An election may be made among:

3. Life with Emergency Cash - We will make payments during the Annuitant's
lifetime, but the annuity may be surrendered (in full or part). The cash value
is equal to a multiple of the Supportable Payment (see definition below), where
the multiple reduces over time to zero at age 101. A surrender charge will be
applied. Should the Annuitant die before age 101 (or IRS Age Limitation Date if
earlier and the contract is qualified), the same cash value would be payable,
but without the surrender charge.

Option 6-V - Joint and Survivor Annuity - Life with Emergency Cash

Payments will be made during the joint lifetime of the Payee and a joint Payee
of Your selection. Payments will be made as long as either person is living, but
the annuity may be surrendered (in full or part). The cash value is equal to a
multiple of the Supportable Payment (see definition below), where that multiple
reduces over time to zero at age 101 of the younger Annuitant. A surrender
charge will be applied. Should the last surviving Annuitant die before age 101
(or IRS Age Limitation Date if earlier and the contract is qualified), the same
cash value would be payable, but without the surrender charge.

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Supportable Payment
The Supportable Payment is the sum of each selected subaccount's variable
annuity unit value times the number of variable annuity units. The variable
annuity units are adjusted to reflect the year-to-date difference between the
stabilized payment and the payment had they not been stabilized. Supportable
Payments are used to determine surrender values, death benefits and transfers.

Determination of Subsequent Variable Payments
The amount of each variable annuity payment after the first will increase or
decrease according to the value of the variable annuity units which reflect the
investment experience of the selected Subaccounts. Each variable annuity payment
after the first will be equal to the number of variable annuity units in the
selected Subaccounts multiplied by the variable annuity unit value on the date
the payment is made. The number of variable annuity units in each selected
Subaccount is determined by dividing the first variable annuity payment
allocated to the Subaccount by the variable annuity unit value of that
Subaccount on the Annuity Commencement Date. If "Life with Emergency Cash" is
chosen (Option 3-V(3) or 6-V), payments would be "stabilized" (would change only
once per year) but "value adjustments" would be made to ensure full value would
be received.

                  Signed for the Company at the Home Office.

/s/ Craig D. Vermie                /s/ Bart Herbert, Jr.

Craig D. Vermie                    Bart Herbert, Jr.
Secretary                          President

Form No. AE LEC 0302

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                                 EXHIBIT 4(j)

                             AMENDATORY ENDORSEMENT
                           INITIAL PAYMENT GUARANTEE
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                     Peoples Benefit Life Insurance Company
     A Stock Company
     Home Office located at: 4333 Edgewood Road NE, Cedar Rapids, Iowa 52499
     (Hereafter called the Company, we, our or us)  (800)-525-6205

                             AMENDATORY ENDORSEMENT

This endorsement is made part of the annuity contract to which it is attached,
understood and agreed that Section 10 - Annuity Payments, subsection C. Variable
Account Payment Options is amended by adding the following provision:

Optional Initial Payment Guarantee
Upon annuitization, You may elect an option that guarantees Your variable
annuity payments will never be less than a percentage of the initial variable
annuity payment. You cannot terminate the payment guarantee after You have
selected the option. The percentage applicable to the initial payment and the
fee for the option will be those currently applicable at the time of
annuitization.

Further, the existing subsection within the Contract is amended by adding the
following provision:

Determination of Subsequent Variable Payments
The amount of each variable annuity payment after the first will increase or
decrease according to the value of the variable annuity units which reflect the
investment experience of the selected Subaccounts. Each variable annuity payment
after the first will be equal to the number of variable annuity units in the
selected Subaccounts multiplied by the variable annuity unit value on the date
the payment is made. The number of variable annuity units in each selected
Subaccount is determined by dividing the first variable annuity payment
allocated to the Subaccount by the variable annuity unit value of that
Subaccount on the Annuity Commencement Date. If the Optional Initial Payment
Guarantee is chosen, payments would be "stabilized" (would change only once per
year) but "value adjustments" would be made to ensure full value would be
received.

                   Signed for the Company at the Home Office.

/s/ Craig D. Vermie                   /s/ Bart Herbert, Jr.

Craig D. Vermie                       Bart Herbert, Jr.
Secretary                             President

Form No. AE IP 0302<PAGE>

                                                                   Exhibit 10(i)

March 1, 2002

Ms. Cecily A. Ward
7904 Hackamore Drive
Potomac, Maryland  20854

Dear Cecily:

         This letter agreement will set forth the terms of the termination of
your employment with Federal Realty Investment Trust (the "Trust"):

         1. Your employment is being terminated without cause pursuant to the
Severance Agreement dated December 31, 1994 between you and the Trust (the
"Severance Agreement"). You will continue to work full-time as a Vice President
through the Termination Date (as defined in the last sentence of this
paragraph), at your most recently approved annual base salary rate. During the
period from the date hereof through the Termination Date (the "Transition
Period"), you will continue to perform your current duties and work to
transition your duties to Larry Finger, Ken Shoop and other Trust personnel as
appropriate. It is anticipated that you will continue to work for the Trust
through August 31, 2002, but you will meet with Don Wood on a monthly basis to
discuss your employment situation and you may depart prior to that date if you
wish; similarly, your employment may be extended on a month-to-month basis
through the end of the year if you and Don Wood jointly so agree. The final day
of your employment as determined in accordance with this paragraph will be
referred to hereinafter as the "Termination Date". If the Trust determines to
terminate your employment prior to August 31, 2002, the Termination Date will be
considered to be August 31, 2002 for all purposes (including but not limited to
payment of salary, bonus, benefits and vesting of options).

         2. You will continue to receive full benefits, and to accrue vacation,
sick leave and personal leave, through the Termination Date. You will, of
course, continue to pay the premiums and any other costs of your benefits in the
same dollar amounts that you were required to pay prior to the Transition Period
(plus any increase that may be assessed on Trust employees during the Transition
Period). For purposes of COBRA continuation coverage, you will be deemed to have
experienced a "qualifying event" on the Termination Date. You will be paid for
all accrued vacation as of the Termination Date.

         3. You will be eligible for a bonus for 2002, equal to 40% of your most
recently approved annual base salary rate divided by 12 (40% x $190,000 /12, or
$6,333), times the number of whole or partial calendar months during which you
are employed by the Trust in 2002. For example, if the Termination Date is
September 15, 2002, your bonus will be $6,333 x 9, or $56,997.

         4. The Trust will make a severance payment to you in the amount of
$407,054 pursuant to Section 3(d) of your Severance Agreement. You agree that
the above amount is the correct amount payable under that section of your
Severance Agreement. Your severance

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Ms. Cecily A. Ward
March 1, 2002
Page 2

payment will be payable in a lump sum within five (5) days after the date on
which this letter agreement becomes effective and enforceable (i.e., within five
(5) days after the expiration of the revocation period referred to in paragraph
11 below without your having revoked this letter agreement).

         5. You will remain eligible for continued vesting of your stock options
through the Termination Date, at which time options outstanding and scheduled to
vest during the succeeding 18 months will vest on an accelerated basis. You will
receive the benefits and perquisites described in Sections 3(e), (g), (h) and
(i) of the Severance Agreement, as well as the accelerated vesting provided for
under the various restricted share award agreements between you and the Trust,
effective on the Termination Date. Notwithstanding the previous sentence, the
Trust will make available the outplacement services described in Section 3(h) of
the Severance Agreement during the Transition Period if you so request.

         6. The Trust may withhold from any amounts payable under this letter
agreement, and pay over to the appropriate authority, all federal, state,
county, city or other taxes as shall be required pursuant to any law or
governmental regulation or ruling.

         7. You understand and acknowledge that the payments provided for in
this letter agreement are the only payments to which you will be entitled and
that they exceed the payments and benefits to which you were otherwise entitled.
In consideration of these payments, you agree that you will not be entitled to
collect unemployment compensation. You acknowledge and recognize that in
agreeing to provide you with the payments provided under this letter agreement,
the Trust in no way admits any wrongdoing or liability to you arising out of any
basis, including but not limited to your employment and/or ending of employment
with the Trust.

         8. You acknowledge that the Trust's business reputation in the real
estate industry and the morale of its employees are of great value to the Trust.
Thus, in consideration of the payments provided under this letter agreement, you
agree that (a) you will not disparage the Trust, its affiliates or its and their
officers, directors, trustees or employees, and (b) you will comply with all the
terms and conditions of the confidentiality letter you executed as a condition
of employment with the Trust (a copy of which is attached to this letter
agreement as Attachment A) and you will not divulge and will keep confidential
all proprietary and private information regarding the Trust which was made known
to you during your employment.

         The Trust acknowledges your reputation and its great value to you. The
Trust agrees that neither it nor its officers, directors, trustees, or agents
will disparage your work performance or ethic or your integrity, or otherwise
comment upon you unfavorably; and that neither it nor its officers, directors,
trustees, or agents will make or publish, without your express prior written
consent, any disparaging written or oral statement concerning you or your work
performance or ethic or your integrity.

         9. You agree to return to the Trust on or before the Termination Date
all items containing proprietary information or trade secrets and any other
property belonging to the Trust.

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Ms. Cecily A. Ward
March 1, 2002
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         10. In consideration of the mutual promises of the parties and of the
payments and other benefits promised herein by the Trust, you agree to release
the Trust, all affiliated companies, and all employees, representatives,
officers, trustees and directors of those entities of any and all claims or
causes of action which you could assert arising, directly or indirectly, out of,
or in any way connected with, based upon, or related to your employment by the
Trust or your retirement under all statutes, laws, and regulations, whether,
federal, state or local by executing a Release (in the form attached to this
letter agreement as Attachment B) simultaneously with the execution of this
letter agreement, and the Release shall be attached to and form a part of this
letter agreement. Furthermore, the Trust's obligations under this letter
agreement shall be subject to the Trust's receipt from you of a second Release,
in the same form as the Release attached to this letter agreement as Attachment
B, dated and effective as of the Termination Date.

         11. You acknowledge that you have been given at least twenty-one (21)
days to consider this letter agreement, that you have seven (7) days from the
date you sign this letter agreement in which to revoke it, and that this letter
agreement will not be effective or enforceable until after the seven-day
revocation period ends without your revocation of it. Revocation can be made by
delivery of a written notice of revocation to Nancy Herman, Senior Vice
President - General Counsel, on or before the seventh calendar day after you
sign this letter agreement.

         12. This letter agreement (i) supersedes all other agreements between
you and the Trust with regard to the subject matter hereof (including but not
limited to the Executive Agreement dated March 24, 1989 between you and the
Trust, which is rendered null and void and is terminated hereby), (ii) will be
governed by and interpreted under the laws of Maryland, and (iii) will become
final and binding on both parties only upon full execution by both parties, your
execution of the Release and the passage of the seven-day revocation period
without your revocation.

         Cecily, words cannot express the amount of respect and gratitude I have
for the tremendous hard work, leadership and inspiration you have given the
Trust each and every day of the past fifteen years. On behalf of myself, the
other officers and employees of the Trust, and the Board of Trustees, I want to
wish you all the best as you begin this next chapter of your life.

WITNESS:                            FEDERAL REALTY INVESTMENT TRUST

______________________________      By: ________________________________________
                                        Steven J. Guttman
                                        Chairman and Chief Executive Officer

WITNESS:

______________________________      ____________________________________________
                                    Cecily A. Ward
                                    Date of Signature: _________________________

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                                                                    ATTACHMENT B
                                                                    ------------

                                     RELEASE
                                     -------

This  Release, entered into and effective for all purposes  as of this  ____ day
of __________, 2002, between Cecily A. Ward ("Employee") and Federal Realty
Investment Trust ("Employer"),

         KNOW ALL MEN BY THESE PRESENTS THAT:

         A. In consideration of Employer's agreement to make the payments and to
provide other benefits to Employee as set forth in a letter agreement dated
March 1, 2002, the receipt and sufficiency of which are hereby acknowledged,
Employee hereby irrevocably and unconditionally releases, remits, acquits, and
discharges Employer and any affiliate of Employer and its present and former
officers, Trustees, agents, employees, contractors, successors and assigns
(separately and collectively "releasees"), jointly and individually, from any
and all claims, known or unknown, which Employee, her heirs, successors or
assigns have or may have against releasees and any and all liability which the
releasees may have to her whether called claims, demands, causes of action,
obligations, damages or liabilities arising from any and all basis, however
called, including but not limited to claims of discrimination under any federal,
state or local law, rule or regulation. This release relates to claims known or
unknown arising prior to and during Employee's employment by Employer, whether
those claims are past or present, whether they arise from common law, contract
or statute, whether they arise from labor laws or discrimination laws, or any
other law, rule or regulation, provided, however, that this release does not
apply to any rights or claims that may arise after the date of this Release.
Employee specifically acknowledges that this release is applicable to any claim
under the CIVIL RIGHTS ACT OF 1964, as amended, the AGE DISCRIMINATION IN
EMPLOYMENT ACT, as amended, and/or the AMERICANS WITH DISABILITIES ACT. This
release is for any relief, no matter how called, including but not limited to
reinstatement, wages, back pay, front pay, severance pay, compensatory damages,
punitive damages or damages for pain or suffering, or attorney fees.

         B. Subject to Paragraph D. below, Employer and its successors and
assigns hereby irrevocably and unconditionally release, remit, acquit, and
discharge Employee from any and all claims, known or unknown, which Employer has
or may have against Employee and any and all liability which Employee may have
to it whether called claims, demands, causes of action, obligations, damages or
liabilities arising from any and all basis, however called. This release relates
to claims known or unknown arising prior to and during Employee's employment by
Employer, whether those claims are past or present, whether they arise from
common law, contract or statute, whether they arise from labor laws or
discrimination laws, or any other law, rule or regulation, provided, however,
that this release does not apply to any rights or claims that may arise after
the date of this Mutual Release. This release is for any relief, no matter how
called, including but not limited to compensatory damages, punitive damages or
damages for pain or suffering, or attorney fees.

<PAGE>

         C. Employee represents that she has not filed any administrative or
judicial claim or complaint against releasees. Employer represents that it has
filed no administrative or judicial claim or complaint against Employee.

         D. This Release shall be and remain in effect despite any alleged
breach of the letter agreement or the discovery or existence of any new or
additional fact or any fact different from that which Employee or Employer or
their counsel now know or believe to be true. Notwithstanding the foregoing,
nothing in this Release shall be construed as or constitute a release of
Employee's or Employer's rights to enforce the terms of the letter agreement, or
to seek relief, including but not limited to any damages, for any breach of the
letter agreement.

         E. Employee acknowledges that she has read the foregoing Release; that
she has had a right to consult an attorney, and has been encouraged by the
Employer to review this Release with an attorney; that she has been given a
period of not less than 21 days in which to consider this Release; that she
understands it; and that she accepts and agrees to all the provisions contained
herein. Employee understands that this Release sets forth the entire
understanding of the parties, and she acknowledges that she has not relied upon
any other representations or promises in entering into this Release.

         Employee may revoke this Release at any time during the seven days
immediately following her execution of the Release, after which time the Release
shall be irrevocable and enforceable in any court of competent jurisdiction.

         IN WITNESS WHEREOF, the parties have executed this Release as of the
date first above written.

                                     ___________________________________________
                                     Cecily A. Ward

                                     FEDERAL REALTY INVESTMENT TRUST

                                     By: _______________________________________
                                     Title:

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