Document:

Broker Dealer Variable Contract Supervisory & Service Agreement

 BROKER-DEALER VARIABLE CONTRACT SUPERVISORY AND SERVICE AGREEMENT 

Phoenix Equity Planning Corporation (“PEPCO”), the master servicer and distributor for the Contracts hereunder described and the undersigned
broker-dealer (the “Broker-Dealer”), enter into this Agreement as of the date indicated, for the purpose of appointing the Broker-Dealer to perform the services hereunder described, subject to the following provisions: 

 

	1.	Except as provided below, PEPCO hereby appoints the Broker-Dealer to provide sales assistance with respect to, and to cause applications to be solicited for the
purchase of, the variable annuity contracts and/or variable life policies issued by Phoenix Life Insurance Company, Phoenix Life and Annuity Company and/or PHL Variable Insurance Company (the “Insurer”) through Separate Accounts including
the Phoenix Life Variable Accumulation Account, Phoenix Life Variable Universal Life Account, Phoenix Life and Annuity Variable Universal Life Account and PHL Variable Accumulation Account and listed on Schedules A1, A2, B and C. Broker-Dealer
accepts such appointment and agrees to use its best efforts to provide sales assistance to producers of the Insurer and to cause applications for the purchase of contracts and/or policies to be solicited by such producers. Broker-Dealer agrees to
pay a commission to such producers. 

  

	2.	The Broker-Dealer will promptly forward to the appropriate office of Phoenix, or its authorized designee, all contract and/or policy applications along with other
documents, if any, and any payments received with such applications, and will have no rights of set-off for any reason. Any Contract application which is rejected, together with any payment made and other documents submitted, shall be returned to
the Broker-Dealer. 

  

	3.	PEPCO shall pay the Broker-Dealer service payments relating to applications submitted by Broker-Dealer. The amount to be paid by PEPCO is specified on Schedules A1, A2,
B and C of this Agreement. The Broker-Dealer agrees to return promptly to PEPCO, all compensation received for any Contract returned within the “free-look” period as specified in the Contract. 

 

	4.	 The Broker-Dealer represents that it is a registered broker-dealer under the Securities Exchange Act of 1934, a member in good standing of the National
Association of Securities Dealers, Inc. (“NASD”), and is registered as a broker-dealer under state law to the extent required in order to provide the services described in this Agreement. Broker-Dealer agrees to abide by all rules and

  
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regulations of the NASD, including its Conduct Rules, and to comply with all applicable state and federal laws and the rules and regulations of authorized regulatory agencies affecting the sale
of the contracts and/or policies, including the prospectus delivery requirements under the Securities Act of 1933 for the contracts and/or policies and any underlying mutual fund. The Broker-Dealer agrees to notify PEPCO promptly of any change,
termination or suspension of its status. Broker-Dealer shall immediately notify PEPCO with respect to: i) the initiation and disposition of any form of disciplinary action by the NASD or any other agency or instrumentality having jurisdiction with
respect to the subject matter hereof against Broker-Dealer or any of its employees or agents; ii) the issuance of any form of deficiency notice by the NASD or any such agency regarding Broker-Dealer’s training, supervision or sales practices;
and/or (iii) the effectuation of any consensual order with respect thereto. 

	

  

	5.	In connection with the solicitation of applications for the purchase of contracts and/or policies, Broker-Dealer agrees to indemnify and hold harmless PEPCO and the
Insurer from any damage or expense as a result of: (a) the negligence, misconduct or wrongful act of Broker-Dealer or any employee, representative or agent of Broker-Dealer; and/or (b) any actual or alleged violation of any securities or insurance
laws, regulations or orders. Any indebtedness or obligation of the Broker-Dealer to PEPCO or the Insurer, whether arising hereunder or otherwise, and any liabilities incurred or monies paid by PEPCO or the Insurer to any person as a result of any
misrepresentation, wrongful or unauthorized act or omission, negligence of or failure of Broker-Dealer or its employees, producers and registered representatives to comply with this Agreement shall be set off against any compensation payable under
this Agreement. Notwithstanding the foregoing, Broker-Dealer shall not indemnify and hold harmless PEPCO and the Insurer from any damage or expense on account of the negligence, misconduct or wrongful act of Broker-Dealer or any employee,
representative or producer of Broker-Dealer if such negligence, misconduct or wrongful act arises out of or is based upon any untrue statement or alleged untrue statement of material fact or the omission or alleged omission of a material fact in
(i) any registration statement including any prospectus or any post-effective amendment thereto or (ii) any material prepared and/or supplied by PEPCO or the Insurer for use in conjunction with the offer or sale of the contracts and/or
policies; or (iii) any state registration or other document filed in any state or jurisdiction in order to qualify any contract and/or policy under the securities laws of such state or jurisdiction. The terms of this provision shall not be
impaired by termination of this Agreement. 

 In connection with the solicitation of applications for the purchase
of contracts and/or policies, PEPCO and the Insurer agree to indemnify and hold harmless Broker-Dealer from any damage or expense on account of the negligence, misconduct or wrongful act of PEPCO or the Insurer or any employee, representative or
producer of PEPCO or the Insurer including but not limited to any damage or expense which arises out of or is based upon any untrue statement or alleged untrue statement of a material fact or the omission or alleged omission of a material fact in
(i) any registration statement including any prospectus or an post-effective amendment thereto, or (ii) any material prepared and/or supplied by PEPCO or the Insurer for use in conjunction with the offer or sale of the contracts and/or
policies, or (iii) any state registration or other document filed in any state or other jurisdiction in order to qualify any contract and/or policy under the securities laws of such state of jurisdiction. The terms of this provision shall not
be impaired by termination of this Agreement. 
  

	6.	 The Broker-Dealer will itself be, or will select persons associated with it who are trained and qualified to solicit applications for purchase of
contracts and/or policies in conformance with applicable state and federal laws. Any such persons shall be 

  
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registered representatives of the Broker-Dealer in accordance with the rules of the NASD, be licensed to offer the contract and/or policy in accordance with the insurance laws of any jurisdiction
in which such persons solicits applications, be licensed with and appointed by the Insurer to solicit applications for the contracts and/or policies and have entered into the appropriate Independent Producer Variable Contract with the Insurer, if
applicable. Under the Independent Producer Variable Contract, the Insurer will make payments to the Broker-Dealer. Broker-Dealer will train and supervise its representatives to insure that purchase of a contract and/or policy is not recommended to
an applicant in the absence of reasonable grounds to believe that the purchase of a contract and/or policy is suitable for that applicant. Broker-Dealer shall pay the fees to regulatory authorities in connection with obtaining necessary securities
licenses and authorizations for registered representatives to solicit applications for the purchase of contracts and/or policy. Broker-Dealer is not responsible for fees in connection with the appointment of registered representatives as insurance
agents of the Insurer. 

  

	7.	The activities of all producers referred to in Paragraph 6 will be under the direct supervision and control of the Broker-Dealer. The right of such producers to solicit
applications for the purchase of contracts and/or policies is subject to their continued compliance with the rules and procedures which may be established by the Broker-Dealer, PEPCO or the Insurer, including those set forth in this Agreement.

  

	8.	The Broker-Dealer shall ensure that applications for the purchase of contracts and/or policies are solicited only in the states where the contracts and/or policies are
qualified for sale, and only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and will make no representations not included in the prospectus, Statement of Additional Information,
or in any authorized supplemental material supplied by PEPCO. With regard to the contracts and/or policies, the Broker-Dealer shall not use or permit its producers to use any sales promotion materials or any form of advertising other than that
supplied or approved by PEPCO. Broker-Dealer shall ensure that the prospectus delivery requirements under the Securities Act of 1933 are met and that delivery of any prospectus for the contracts and/or policies will be accompanied by delivery of the
prospectus for the underlying mutual funds. 

  

	9.	 The Broker-Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent
contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute
telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer’s right to exercise the telephone
transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon nor will they be held responsible for the authenticity of any telephone instructions containing unauthorized,
incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and 

  
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the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of
its registered representatives. (Telephone instructions are recorded on tape.) 

  

	10.	This Agreement may not be assigned by the Broker-Dealer without the prior consent of PEPCO. Any party hereto may cancel this Agreement at any time upon written notice.
This Agreement shall automatically terminate if the Broker-Dealer voluntarily or involuntarily ceases to be or is suspended from being a member in good standing of the NASD. Provided further, PEPCO reserves the right to terminate this Agreement in
the event that any employee or agent of Broken-Dealer is suspended, disciplined or found to be in violation of governing insurance or securities laws, rules or regulations. Furthermore, PEPCO reserves the right to revise the payments for services
described in this Agreement as set forth in Paragraph 3 at any time upon the mailing of written notice to the Broker-Dealer. Failure of any party to terminate this Agreement for any of the causes set forth in this agreement shall not constitute a
waiver of the right to terminate this Agreement at a later time for any such causes. 

  

	11.	This Agreement on the part of the Broker-Dealer runs to PEPCO and the Insurer and is for the benefit of and enforceable by each. This Agreement shall be governed by and
construed in accordance with the laws of the State of Connecticut. This Agreement supercedes any agreement in effect prior to August 28, 2000. Your first contract/policy sale after receipt of this Agreement shall constitute your acceptance of its
terms. If you do not wish to participate in solicitating applications for one of the available products, you must complete Section 12. 

  

	12.	Applications for the following products will not be solicited by any representative, employee or agent of the Broker-Dealer: 

 

	A.   ̈	Phoenix Life Insurance Company 

  ̈ Variable Annuities 
  ̈ Variable
Universal Life 

	B.   ̈	PHL Variable Insurance Company 

  ̈ Variable Annuities 

	C.   ̈	Phoenix Life and Annuity Company 

 ̈ Variable Universal Life 

 

	13.	PEPCO agrees to comply with all laws, regulations, and ordinances relating to privacy, confidentiality, security, data security, and the handling of customer
information which may from time to time be established. PEPCO agrees not to disclose or use any consumer nonpublic personal information (including nonpublic personal financial information and nonpublic personal health information), which may be
supplied by you to PEPCO in performance under this Agreement other than to: a) carry out the purpose for which the information was provided; and b) to use or disclose the information as otherwise permitted or required by law. You agree to comply
with all laws, rules, regulations and ordinances relating to privacy, confidentiality, security, data security, and the handling of customer information which may from time to time be established. You agree not to disclose or use any consumer
nonpublic personal information (including nonpublic personal financial information and nonpublic personal health information), which may be supplied by PEPCO to you in performance under this Agreement other than to: a) carry out the purpose for
which the information was provided; and b) the use or disclose the information as otherwise permitted or required by law. This provision will survive and continue in full force and effect after the termination of this Agreement.

  

													
	BROKER-DEALER FIRM:	 		 		 		 	
							
	Name of Firm:	 	J.P. Turner & Company, L.L.C.	 		 		 		 		 	
	By	 	 /s/ William Mello
	 		 		 		 		 	
	Print Name & Title:	 	William Mello, President	 		 		 		 		 	
	Date	 	 1-13-03
	 		 	NASD CRD:	 		 	 43177
	 	

  

									
	PHOENIX EQUITY PLANNING CORPORATION	 		 	
					
	By	 	 	 		 		 	
	Title	 	 	 		 		 	
	Date	 	 	 		 		 	

  
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 Schedule A-1 (Variable Annuities) 

Broker-Dealer has been appointed by PEPCO to provide sales assistance to producers of Phoenix Life Insurance Company and to cause to be solicited
applications for the purchase of the following contracts (“Contracts”) issued by Phoenix Life Insurance Company: 
 The Big Edge
– Individual Deferred Variable Annuity Contracts (Form 2545) issued by the Phoenix Home Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal
to 5.0% of premiums paid under The Big Edge contracts. 
 The Big Edge – Individual Deferred Variable Annuity Contracts (Form 2645)
issued by the Phoenix Home Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 6.0% of premiums paid under the Big Edge contracts. 

The Big Edge Plus – Individual Deferred Variable Annuity Contracts (Form 2646) issued by the Phoenix Home Life Variable Accumulation Account
of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 6.0% of premiums paid under the Big Edge Plus contracts. However, if the client elects to annuitize the Big Edge Plus contract
within one year of the issue date of the contract year, Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 5.0%. 
 The Group Strategic Edge – Unallocated Group Deferred Variable Annuity Contracts (Form GD603) issued by the Phoenix Home Life Variable Accumulation Account of Phoenix Life Insurance Company.
Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 5% of first $20,000 of premiums paid, 4% of the next $30,000 of premiums paid, and 3.5% of such premiums paid over $50,000. Banded compensation will be processed
on a calendar year basis, based upon aggregate premiums paid under the contract in that calendar year. A persistency bonus is payable on a calendar quarterly basis, beginning in the second calendar year for each contract, at an effective annual rate
of .20% of net assets. 
 The Group Strategic Edge – Allocated Group Deferred Variable Annuity Contracts (Form GD601) issued by the
Phoenix Home Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment from one of the three Commission Options available as described below. If more than one
Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commissions Options at the time a Contract is purchased. Once a Commission Option has been selected it cannot be changed in the future.
Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the section of the Commission Election form titled “Exception”. If only
one Commission Option is selected by the Broker-Dealer, that Option will always be invoked. 

  

					
	HO3272VA	  	5	  	4-01

 Please check one or more of the following Commission Options: 

 

					
	 	  	Option Number	  	Option Description
			
	  ̈
	  	1.	  	5% of first $20,000 of premiums paid, 4% of the next $30,000 of premiums paid, and 3.5% of such premiums paid over $50,000.
			
	  ̈
	  	2.	  	3% of first $20,000 of premiums paid, 2.5% of such premiums paid over $20,000 with an annual trail commission of .25% beginning in the 2nd year.
			
	  ̈
	  	3.	  	1% of premiums paid plus a trail commission of .50% beginning in the 2nd year.

 Banded compensation will be processed on a calendar year basis, based upon aggregate premiums paid under the contract in that calendar year. 
 Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for a year or more. 
 Retirement Planners’ Edge for New York – Individual Deferred Variable Annuity Contract (Form D603NY) issued by the Phoenix Home Life Variable Accumulation Account for Phoenix Life
Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 1% of the premiums paid Plus an annual trail commission of 1.00% beginning the 2nd year and increasing by .05% each year to a maximum of 1.25%
of years 7 and later.* Termination or surrender in the first year will result in the return of all commissions paid on the amount surrendered. 
 Phoenix Edge® – VA for New York – Individual Deferred
Variable Annuity Contract (Form D602 NY) issued by the Phoenix Home Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment from one of the Commission
Options available as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a Contract is purchased. Once a Commission Option has been
selected it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the selection on the Commission
Election form titled “Exception”, Option 1 shall apply: if a Commission Option is not selected by the Broker-Dealer, in the event that the Broker-Dealer has approved more than one Commission Option and an application is received without a
Commission Election form; a Commission Election form is submitted with an Option not approved by the Broker-Dealer; or an Exception Section of the Commission Election form is not signed by the Broker-Dealer. If only one Commission Option is selected
by the Broker-Dealer, that Commission Option will always be invoked. Commission Options 2 and 3 are not available if, under the contract the client elects Death Benefit Option 1. 

 

	*	Sales of the contract to applicants over age 80 will be paid at 50% of the Commission Option selected. Trail commissions will be paid at the full percentage amount as
listed. 

  

					
	HO3272VA	  	6	  	4-01

  

					
	 	  	Option Number	  	Option Description*
			
	  ̈
	  	1.	  	6.00% of premiums paid plus an annual trail commission of .25% of Contract Value beginning in the 8th year.
	  ̈
	  	2.	  	5.00% of premiums paid plus an annual trail commission of .25% of Contract Value beginning in the 2nd year and increasing to 1.00% beginning the 8th year.
	  ̈
	  	3.	  	3% of premiums paid plus an annual trail commission of .50% of Contract Value in years 2 through 7; 1.00% in year 8 increasing .05% per year to a maximum of
1.25%.

 Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for
a year or more. 
  
 * Sales of
the contract to applicants over age 80 will be paid at 50% of the Commission Option(s) chosen. Trail commissions will be paid at the full percentage amount as listed. 
 The Phoenix Income ChoiceSM – Individual Single Premium Immediate Fixed and Variable Annuity Contract (Form I602) issued by the PHL Variable Accumulation Account of
Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment from one of the six Commission Options as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its
representatives may select from the specified Commission Options at the time a contract is purchased. Once a Commission Option has been selected, it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a
Commission Option other than what is selected below on a contract by contract basis by completing the section on the Commission Election form titled, “Exception”. If only one Commission Option is selected by the Broker-Dealer, that
Commission Dealer, that Commission Option will always be invoked. Termination, death or surrender before before the annuity date will result in reversal of commissions paid. 

 

					
	 	  	Option Number	  	Option Description – for all payment options except Option E
			
	  ̈
	  	1.	  	5.50% of premium paid under the Phoenix Income Choice contracts. Sales of the contract to applicants over age 74 will be paid at 4.50% of premium paid.
	  ̈
	  	2.	  	4.50% of premium paid plus an annual trail commission of .25% of the reserve beginning in the 2nd year. Sales of the contract to applicants over age 74 will be paid at 3.50% of
premium paid plus an annual trail commission of .25% beginning in the 2nd year.
	  ̈
	  	3.	  	3.50% of premium paid plus an annual trail commission of .50% of the reserve beginning in the 2nd year. Sales of the contract to applicants over age 74 will be paid at 2.50% of
premium paid plus an annual trail commission of .50% beginning in the 2nd year.

  

					
	HO3272VA	  	7	  	4-01

 Payment Option E – Commission Options* 

 

											
	  ̈
	  	4.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	2.00%	    	N/A	  	
		  		  	10-14	  	3.50%	    	N/A	  	
		  		  	15-19	  	5.00%	    	N/A	  	
		  		  	20+	  	5.50%	    	N/A	  	
						
	  ̈
	  	5.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	1.25%	    	0.25%	  	
		  		  	10-14	  	2.50%	    	0.25%	  	
		  		  	15-19	  	4.00%	    	0.25%	  	
		  		  	20+	  	4.50%	    	0.25%	  	
						
	  ̈
	  	6.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	1.00%	    	0.50%	  	
		  		  	10-14	  	1.75%	    	0.50%	  	
		  		  	15-19	  	2.75%	    	0.50%	  	
		  		  	20+	  	3.00%	    	0.50%	  	

  

	*	If the certain period is shortened under Payment Option E, the commission will be adjusted accordingly. 

  

					
	HO3272VA	  	8	  	4-01

 Schedule A-2 (Variable Life) 
 The Phoenix Edge – Individual Variable Life Insurance Policies (Form 5000) issued by the Phoenix Life Variable Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance
Company, shall pay the Broker-Dealer a service payment equal to 5% premium payments made under The Phoenix Edge policies. In the first year, any loan transferred as part of a 1035 exchange will not be considered as premiums paid for the purpose of
the determination of compensation. 
 Flex Edge Success (Form V603) and Flex Edge (Form 2667) – Flexible Premium Individual Variable
Life Insurance Policies issued by the Phoenix Life Variable Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made under The
Flex Edge policies, up to the commissionable premium amount, and 4% of such payments in excess of the commissionable premium amount, in the first Policy Year. However, if a registered representative of the Broker-Dealer is a career producer of
Phoenix Life Insurance Company, then Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made, up to a commissionable premium amount, and 5% of such payments in excess of the commissionable
premium amount, in the first Policy Year. Commissionable premium is the Policy’s Commission Target Premium. In the first year, any loan transferred as part of a 1035 exchange will not be considered as premiums paid for the purpose of the
determination of compensation. 
 Phoenix Life Insurance Company, shall also pay the Broker-Dealer a renewal commission of 3% of renewal premium
in policy years two plus so long as this Agreement is still in effect. 
 Joint Edge (Form V601) – Flexible Premium Multiple Variable
Life Insurance Policies issued by the Phoenix Life Variable Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made under the
policies, up to the commissionable premium amount, and 4% of such payments after the commissionable premium has been paid, in the first Premium Year. However, if a registered representative of the Broker-Dealer is a career producer of Phoenix Life
Insurance Company, then Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made, up to the commissionable premium amount, and 5% of such payments after the commissionable premium has been
paid, in the first Policy Year. Commissionable premium is the lesser of (1) the Policy’s Commission Target Premium and (2) the subsequent premium specified on the application. In the first year, any loan transferred as part of a 1035 exchange
will not be considered as premiums paid for the purpose of the determination of compensation. 
 Phoenix Life Insurance Company, shall also pay
the Broker-Dealer a renewal commission of 3% of renewal premium in policy years two plus so long as this Agreement is still in effect. 

Phoenix Individual Edge (Form V603 (PIE) – Flexible Premium Individual Variable Life Insurance Policy issued by the Phoenix Life Variable
Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made under the policy, up to the Commission Target Premium, and 6.50% of such
payments in excess of the Commission Target Premium, in the first policy year. However, if a registered representative of the Broker-Dealer is a career producer of Phoenix Life Insurance Company, then Phoenix Life Insurance Company shall pay the
Broker-Dealer a service payment equal to 50% of premium payments made, up to the Commission Target Premium, and 5% of such premium payments in excess of the Commission Target Premium, in the first Policy Year. In the first year, any loan transferred
as part of a 1035 exchange will not be considered as premiums paid for the purpose of the determination of compensation. 
 Phoenix Life
Insurance Company, shall also pay Broker-Dealer a vested renewal commission of 6.50% of renewal premium in policy year 2. In policy years 3 + a trail commission of 6.25 basis points will be paid on the policy value less any debt at the end of each
calendar quarter (0.25% per year). However, if a registered representative of the Broker-Dealer is a career producer of Phoenix Life Insurance Company, than Phoenix Life Insurance Company, shall pay the Broker-Dealer a vested renewal commission of
5% of renewal premium in policy years 2 through 10. At the end of the 10th policy year a deferred trail commission will be payable on business in force. This deferred train is equal to the greater of (a) and (b) as follows: 

 

	a)	.10% per year of the average policy values less any debt, in years 6 – 10; 

  

					
	HO3272VL	  	9	  	1-02

  

	b)	.25% per year times of the average policy values less any debt, in years 6 – 10 minus the renewal commissions paid for years 6 – 10.

 Beginning in the 11th year 6.25 basis points will be paid at the end of each calendar quarter on the policy values less any
debt on that date (.25% per year). 
 Estate Edge (Form V604) – Second to Die Variable Universal Life Insurance Policies issued by
the Phoenix Life Variable Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 50% of premium payments made under the policies, up to the commissionable
premium amount, and 6.5% of such payments after the commissionable premium has been paid, in the first Policy Year. Commissionable premium is the lesser of (1) the Policy’s target premium and (2) the subsequent premium specified on
the application. In the first year, any loan transferred as part of a 1035 exchange will not be considered as premiums paid for the purposes of the determination of compensation. 
 Phoenix Life Insurance Company, shall also pay the Broker-Dealer a renewal commission of 6.5% of renewal premium in policy year two. Beginning in the third year a 6.25 basis point train will be paid on
the policy value less any debt at the end of each quarter (.25% per year). 
 Phoenix Corporate Edge (Form V609) – Flexible Premium
Individual Variable Universal Life Policies issued by Phoenix Life Variable Universal Life Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equal to 24% of premium payments
(20% for cases under $100,000 of premium) made under the policies, up to the commissionable premium amount, and 2.5% of such payments after the commissionable premium has been paid, in the first Policy Year. Commissionable premium is the lesser of
(1) the Policy’s target premium and (2) the subsequent premium specified on the application. In the first year, any loan transferred as part of a 1035 exchange will not be considered as premiums paid for the purpose of the
determination of compensation. 
 Phoenix Life Insurance Company, shall also pay the Broker-Dealer a renewal commission in policy years 2
through 7 of 7% of premium payments made under the policies, up to the commissionable renewal premium amount, and 2.5% of such payments after the renewal commissionable premium has been paid. Beginning in the 8th year the Broker-Dealer shall receive
a renewal payment of 2.5% of renewal premium paid. Beginning in the sixth year, a 2.50 basis points trail will be paid at the end of each calendar quarter on the policy value less any debt at the end of each quarter (0.10% per year). 

Phoenix Edge – SPVL – Single Premium Individual Variable Life Policies (Form V610) issued by the Phoenix Life
Variable Universal Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment equals to 7% of premiums paid in the first policy year (net of any loan transferred as part of a1035
exchange) under the Phoenix Edge policies for issue ages up to and including age 80. For issue ages 81-85, Phoenix Life Insurance Company will pay the Broker-Dealer a service payment equal to 5% of premiums paid in the first policy year (net of any
loan transferred as part of a 1035 exchange) under the Phoenix Edge policies. Beginning in the 6th year 6.25 basis points will be paid at the end of each calendar quarter on the policy value less any debt (0.25% per year). 

  

					
	HO3272VL	  	10	  	1-02

 Schedule A-3 (Variable Life) 
 Phoenix Corporate Edge (Form V608) – Flexible Premium Individual Variable Universal Life Policies issued by Phoenix Life Variable Universal Life Account of Phoenix Life and Annuity Company.
PEPCO, as paying agent for Phoenix Life and Annuity Company, shall pay the Broker-Dealer a service payment equal to 24% of premium payments (20% of cases under $100,000 of premium) made under the policies, up to the commissionable premium amount,
and 2.5% of such payments after the commissionable premium has been paid, in the first Policy Year. Commissionable premium is the lesser of (1) the Policy’s target premium and (2) the subsequent premium specified on the application.
In the first year, any loan transferred as part of a 1035 exchange will not be considered as premiums paid for the purpose of the determination of compensation. 
 PEPCO, a paying agent for Phoenix Life and Annuity Company, shall also pay the Broker-Dealer a renewal commission in policy years 2 through 7 of 7% of premium payments made under the policies, up to the
commissionable renewal premium amount, and 2.5% of such payments after the renewal commissionable premium has been paid. Beginning in the 8th year the Broker-Dealer shall receive a renewal payment of 2.5% of renewal premium paid. Beginning at the
sixth year, a 2.50 basis points trail will be paid at the end of each calendar quarter on the policy value less any debt at the end of each quarter (0.10% per year). 

  

					
	HO3272F	  	11	  	1-02

 Schedule B 
 Broker-Dealer has been appointed by PEPCO to provide sales assistance to producers of PHL Variable Insurance Company and to cause to be solicited applications for the purchase of the following contracts
(“Contracts”) issued by PHL Variable Insurance Company. 
 The Big Edge Choice – Individual Deferred Variable Annuity Contract
(Form D601) issued by the PHL Variable Accumulation Account of PHL Variable Insurance Company. Phoenix Home Life Mutual Insurance Company, as paying agent for PHL Variable Insurance Company, shall pay the Broker-Dealer a service payment from one
of the three Commission Options available as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a contract is purchased. Once a
Commission Option has been selected, it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the
section on the Commission Election form titled, “Exception.” If only one Commission Option is selected by the Broker-Dealer, that Commission Option was always be invoked. 

 

					
	 	  	Option Number	  	Option Description*
			
	  ̈
	  	1.	  	5.75% of premiums paid plus an annual trail commission of .25% of Contract Value beginning in the 8th year. **
			
	  ̈
	  	2.	  	5% of premiums paid plus an annual trail commission of .30% of Contract Value beginning the 2nd year and increasing to .50% the 8th year.
			
	  ̈
	  	3.	  	3% of premiums paid plus an annual trail commission of .50% of Contract Value beginning the 2nd year and increasing to 1.00% the 8th year.

Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for a year or more. 

Retirement Planners’ Edge – Individual Deferred Variable Annuity Contract (Form D603) issued by the PHL Variable
Accumulation Account of PHL Variable Insurance Company. Phoenix Home Life Mutual Insurance Company, as paying agent for PHL Variable Insurance Company, shall pay the Broker-Dealer a service payment equal to 1% of the premiums paid plus an annual
trail commission of 1.00% beginning the 2nd year and
increasing by .05% each year to a maximum of 1.25% in years 7 and later.* Termination or surrender in the first year will result in the return of all commissions paid on the amount surrendered. 

The Phoenix Edge – VA – Individual Deferred Variable Annuity Contract (Form D602) issued by the PHL Variable Accumulation Account of PHL
Variable Insurance Company. Phoenix Home Life Mutual Insurance Company, as paying agent for PHL Variable Insurance Company, shall pay the Broker-Dealer a service payment from one of the Commission Options

  

					
	HO3272B	  	12	  	4-01

 
available as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a Contract
is purchased. Once a Commission Option has been selected it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by
completing the section on the Commission Election form titled “Exception.” If only one Commission Option is selected by the Broker-Dealer, that Commission Option will always be invoked. Commission Options 2 and 3 are not available if,
under the contract the client elects Death Benefit Option 1. 
 Please check one ore more of the following Commission Options:

  

					
	 	  	Option Number	  	Option Description*
			
	  ̈
	  	1.	  	6.00% of premiums paid plus an annual trail commission of .25% of Contract Value beginning in the 8th year.
			
	  ̈
	  	2.	  	5.00% of premiums paid plus an annual trail commission of .25% of Contract Value beginning the 2nd year and increasing to 1.00% beginning the 8th year.
			
	  ̈
	  	3.	  	3% of premiums paid plus an annual trail commission of .50% of Contract Value in years 2 through 7; 1.00% in year 8 increasing .05% per year to a maximum of
1.25%.

 Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for
a year or more. 
 The Premium Edge – Individual Deferred Variable Annuity Contracts (Form D604) issued by the PHL Variable
Accumulation Account of PHL Variable Insurance Company. Phoenix Home Life Mutual Insurance Company, as paying agent for PHL Variable Insurance Company, shall pay the Broker-Dealer a service payment from one of the three Commission Options available
as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a Contract is purchased. Once a Commission Option has been selected it
cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a selected below on a contract basis by completing the section on the Commission Election
form titled “ Exception”. If only one Commission Option is selected by the Broker-Dealer, that Commission Option will always be invoked. 

  

					
	HO3272B	  	13	  	4-01

 Please check one ore more of the following Commission Options: 

 

					
	 	  	Option Number	  	Option Description*
			
	  ̈
	  	1.	  	5% of the premiums paid under the Premium Edge contracts.
			
	  ̈
	  	2.	  	4% of premiums paid plus an annual trail commission of .20% of Contract Value beginning in the 2nd year.
			
	  ̈
	  	3.	  	2% of premiums paid plus an annual trail commission of .55% of Contract Value beginning in the 2nd year.

 

	*	Sales of the contract to applicants over age 80 will be paid at 50% of the Commission Option selected. Trail commissions will be paid at the full percentage amounts
listed. 

 The Phoenix Income ChoiceSM – Individual Single Premium Immediate Fixed and Variable Annuity Contract (Form I601) issued by the PHL Variable Accumulation Account of PHL Variable Insurance Company. Phoenix Home Life Mutual Insurance Company, as paying agent for PHL Variable Insurance Company, shall pay the
Broker-Dealer a service payment from one of the six Commission Options available as described below. If more than one Commission Option is chosen, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the
time a Contract is purchased. Once a Commission Option has been selected it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a selected below
on a contract basis by completing the section on the Commission Election form titled “ Exception”. If only one Commission Option is selected by the Broker-Dealer, that Commission Option will always be invoked. Termination, death or
surrender before before the annuity date will result in reversal of commissions paid. 
 Please check one ore more of the following
Commission Options: 
  

					
	 	  	Option Number	  	Option Description – for all payment options except Option E
			
	  ̈
	  	1.	  	5.50% of premium paid under the Premium Income Choice contracts. Sales of the contract to applicants over age 74 will be paid at 4.50% of premium paid.
			
	  ̈
	  	2.	  	4.50% of premium paid plus an annual trail commission of .25% of the reserve beginning in the 2nd year. Sales of the contract to applicants over age 74 will be paid at 3.50% of
premium paid plus an annual train commission of .25% beginning in the 2nd year.
			
	  ̈
	  	3.	  	3.50% of premium paid plus an annual trail commission of .50% of the reserve beginning in the 2nd year. Sales of the contract to applicants over age 74 will be paid at 2.50% of
premium paid plus an annual train commission of .50% beginning in the 2nd year.

  

					
	HO3272B	  	14	  	4-01

 Payment Option E – Commission Options* 

 

											
	  ̈
	  	4.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	2.00%	    	N/A	  	
		  		  	10-14	  	3.50%	    	N/A	  	
		  		  	15-19	  	5.00%	    	N/A	  	
		  		  	20+	  	5.50%	    	N/A	  	
						
	  ̈
	  	5.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	1.25%	    	0.25%	  	
		  		  	10-14	  	2.50%	    	0.25%	  	
		  		  	15-19	  	4.00%	    	0.25%	  	
		  		  	20+	  	4.50%	    	0.25%	  	
						
	  ̈
	  	6.	  	Certain Period (Years)	  	% of Deposit	    	Trail	  	
		  		  	5-9	  	1.00%	    	0.50%	  	
		  		  	10-14	  	1.75%	    	0.50%	  	
		  		  	15-19	  	2.75%	    	0.50%	  	
		  		  	20+	  	3.00%	    	0.50%	  	

  

	*	If the certain period is shortened under Payment Option E, the commission will be adjusted accordingly. 

  

					
	HO3272B	  	15	  	4-01

 Schedule C 
 The Big Edge Choice (NY) – Individual Deferred Variable Annuity Contract (Form D601NY) issued by the Phoenix Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life
Insurance Company, shall pay the Broker-Dealer a service payment from one of the three Commission Options available as described below. If more than one Commission Option is chose, Broker-Dealer agrees that its representatives may select from the
specified Commission Options at the time a contract is purchased. Once a Commission Option has been selected, it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what
is selected below on a contract by contract basis by completing the section on the Commission Election form titled, “Exception.” If only one Commission Option is selected by the Broker-Dealer, that Commission Option will always be invoked.

 Please check one ore more of the following Commission Options: 

 

					
	 	  	Option Number*	  	Option Description**
			
	  ̈
	  	1.	  	6% of premiums paid plus an annual trail commission on .25% of Contract Value beginning in the 8th year.
			
	  ̈
	  	2.	  	5% of premiums paid plus an annual trail commission on .30% of Contract Value beginning the 2nd year and increasing to .50% beginning the 8th year.
			
	  ̈
	  	3.	  	3% of premiums paid plus an annual trail commission on .50% of Contract Value beginning the 2nd year and increasing to 1.00% beginning the 8th year.

Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for a year or more. 

Phoenix
Edge® – VA for New York – Individual Deferred Variable Annuity Contract (Form D602NY) issued by
the Phoenix Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company, shall pay the Broker-Dealer a service payment from one of the Commission Options available as described below. If more than one
Commission Option is chose, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a contract is purchased. Once a Commission Option has been selected, it cannot be changed in the future.
Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the section on the Commission Election form titled, “Exception”, Option 1
shall apply: if a Commission Option is not selected by the Broker-Dealer; in the event that the Broker-Dealer has approved more than one Commission Option and an application has received without a Commission Election form; a Commission Election form
is submitted with an Option not approved by the Broker-Dealer; or an Exception Section of the Commission Election form is not signed by the Broker-Dealer. If only one Commission Option is selected by the Broker-Dealer, that Commission Option will
always be invoked. Commission Option 2 and 3 are not available if, under the contract the client elects Death Benefit Option1. 

  

					
	HO3272E	  	16	  	1-02

 Please check one ore more of the following Commission Options: 

 

					
	 	  	Option Number	  	Option Description*
			
	  ̈
	  	1.	  	6% of premiums paid plus an annual trail commission on .25% of Contract Value beginning in the 8th year.
			
	  ̈
	  	2.	  	5% of premiums paid plus an annual trail commission on .25% of Contract Value beginning the 2nd year and increasing to 1.00% beginning the 8th year.
			
	  ̈
	  	3.	  	3% of premiums paid plus an annual trail commission on .50% of Contract Value in years 2 through 7; 1.00% in year 8 increasing .05% per year to a maximum of
1.25%.

 Trail commissions will be paid on the Contract Value on a calendar quarter basis on deposits held under the Contract for
a year or more. 
 Retirement Planners’ Edge for New York – Individual Deferred Variable Annuity Contract (Form
D603NY) issued by the Phoenix Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment equal to 1% of the premiums paid Plus an annual trail commission of
1.00% beginning the 2nd year and increasing by .05% each
year to a maximum of 1.25% in years 7 and later.* Termination or surrender in the first year will result in the return of all commissions paid on the amount surrendered. 

 

	*	Sales of the contract to applicants over age 80 will be paid at 50% of the Commission Option(s) chosen. Trial commissions will be paid at the full percentage amount as
listed. 

	**	Contingent upon your Representative’s Commission Contract with Phoenix a different compensation schedule may apply. 

Phoenix Spectrum Edge – Flexible Premium Deferred Variable Annuity Contract (Form D612) issued by the Phoenix Life Variable Accumulation
Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment from one of the three Commission Options available as described below. If more than one Commission Option is chose, Broker-Dealer
agrees that its representatives may select from the specified Commission Options at the time a contract is purchased. Once a Commission Option has been selected, it cannot be changed in the future. Broker-Dealer may also allow specified
representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the section on the Commission Election form titled, “Exception.” If only one Commission Option is selected by
the Broker-Dealer, that Commission Option will always be invoked. 

  

					
	HO3272E	  	17	  	1-02

 Please check one ore more of the following Commission Options: 

 ̈ Option Number 1. 

 

							
	 Owner’s Age at Issue
	 	 Commissions

(% of premium)
	 	 Trial
(Yrs 2-7)
	 	 Trial
(Yrs 8+)

	0-80	 	6.0%	 	0.0%	 	.25%
	81-85	 	3.0%	 	0.0%	 	.25%

  ̈ Option Number 2. 
  

							
	 Owner’s Age at Issue
	 	 Commissions

(% of premium)
	 	 Trial
(Yrs 2-7)
	 	 Trial
(Yrs 8+)

	0-80	 	4.5%	 	.25%	 	1.0%
	81-85	 	2.25%	 	.25%	 	1.0%

  ̈ Option Number 3. 
  

							
	 Owner’s Age at Issue
	 	 Commissions

(% of premium)
	 	 Trial
(Yrs 2-7)
	 	 Trial
(Yrs 8+)

	 0-80
	 	3.0%	 	.25%	 	1.0%
	81-85	 	1.5%	 	.50%	 	1.0%

 Phoenix Investor’s Edge
– Flexible Premium Deferred Variable Annuity Contract (Form 610) issued by the Phoenix Life Variable Accumulation Account of Phoenix Life Insurance Company. Phoenix Life Insurance Company shall pay the Broker-Dealer a service payment from
one of the two Commission Options available as described below. If more than one Commission Option is chose, Broker-Dealer agrees that its representatives may select from the specified Commission Options at the time a contract is purchased. Once a
Commission Option has been selected, it cannot be changed in the future. Broker-Dealer may also allow specified representatives to utilize a Commission Option other than what is selected below on a contract by contract basis by completing the
section on the Commission Election form titled, “Exception.” If only one Commission Option is selected by the Broker-Dealer, that Commission Option will always be invoked. 
 Please check one ore more of the following Commission Options: 
  ̈ Option Number 1. 
  

							
	 Owner’s Age at Issue
	 	 Commissions

(% of premium)
	 	 Trial
(Yrs 2-3)
	 	 Trial
(Yrs 4)

	0-80	 	5.0%	 	0.0%	 	.25%
	81-85	 	2.5%	 	0.0%	 	.25%

  

					
	HO3272E	  	18	  	1-02

  ̈ Option Number 2. 

 

					
	 Owner’s Age at Issue
	 	 Commissions

(% of premium)
	 	 Trial
(Yrs 2+)

	0-80	 	3.5%	 	1.0%
	81-85	 	1.75%	 	1.0%

  

					
	HO3272E	  	19	  	1-02

 

 

 April 2, 2007 
 J.P. TURNER & COMPANY LLC 
 1 BUCKHEAD PLZ 

3060 PEACHTREE RD NW 11FL 
 ATLANTA, GA
30305-2234 
 Dear Sir or Madam: 
  

	 	Re:	Amendment to Contract – SEC Redemption Fee Rule, Rule 22c-2 

 Please be advised that the following amendments are being made to your contract with the Company to comply with SEC Redemption Fee Rule 22c-2. These amendments are effective as of April 16, 2007

 As used herein, “Client-shareholders” shall mean Your clients or other beneficial owner or, if applicable, the Plan participant
notwithstanding that the Plan may be deemed to be beneficial owner, who maintain an interest in any of the Company’s products that participate in the complex of mutual funds administered and distributed by the Company or any of its affiliates
or subsidiaries (the “Funds”). Client-shareholders shall include a beneficial owner or, if applicable, the Plan participant notwithstanding that the Plan may be deemed to be the beneficial owner 

 

	 	1.	Shareholder Information 

Agreement to Provide Information. You agree to provide the Company, upon written request, the taxpayer information number
(“TIN”), if known, of any or all of Your Client-Shareholder(s) of the account and the amount, date, name, or other identifier of any investment professional(s) associated with the Client-Shareholder(s) or account (if known), and
transaction type (purchase, redemption, transfer, or exchange) of every purchase, redemption, transfer, or exchange of any of the Funds during the period covered by the request. 

Period Covered by Request. Requests must set forth a specific period, not to exceed 180 days from the date of the request, for
which transaction information is sought. The Company may request transaction information older than 180 days from the date of the request as it deems necessary to investigate compliance with policies established by the Company for the purposes of
eliminating or reducing any dilution of the value of the outstanding shares issued by the Funds. If requested by the Company, You agree to provide the information specified in 1.1 for each trading day. 

Form and Timing of Response. You agree to transmit the requested information that is on Your books and records to the Company or
its designee promptly, but in any event not later than 10 business days, after receipt of a request. If the requested information is not on Your books and records, You agree to use reasonable efforts to (1) promptly obtain and transmit the
requested information; (ii) obtain assurances from the accountholder that the requested information will be provided directly to the Company promptly; or (iii) if directly by the company, block further purchases of shares of the Funds from
such accountholder. In such instance, You agree to inform the Company whether it plans to perform (i), (ii) or (iii). Responses required by this paragraph must be communicated in writing and in format mutually agreed upon by the parties. To the
extent practicable, the format for any transaction information provided to the Company should be consistent with the NSCC Standardized Data Reporting Format. 
  

			
	One American Row	  	
	P.O. Box 5056	  	860 403 5000 Phone
	Hartford, CT 06102-5056	  	www.phoenixwm.com

 Securities distributed by Phoenix
Equity Planning Corporation, Member NASD. 803 403 5000 

 Page 2 
 cont. 
 Limitations on Use of Information. The Company agrees not to use
the information received for marketing or any other similar purpose without Your prior written consent. 
  

	 	2.	Agreement to Restrict Trading. You agree to execute written instructions from the Company to restrict or prohibit further purchases or exchanges of shares of the
Funds by a Client-Shareholder that has been identified by the Company as having engaged in transactions of the Funds’ shares (directly or indirectly through Your account) that violate policies established by the Funds or the Company for the
purposes of eliminating or reducing any dilution of the value of the outstanding shares issued by the Funds. 

  

	 	2.2.1	Form of Instructions. Instructions must include the TIN, if known, and the specific restriction(s) to be executed. If the TIN is not known, the instructions must
include any equivalent identifying number of the Client-Shareholder(s) or account(s) or other agreed upon information to which the instruction relates. 

  

	 	2.2.2	Timing of Response. You agree to execute instructions as soon as reasonably practicable, but not later than five business days after receipt of the instructions.

  

	 	2.2.3	Confirmation by Intermediary. You must provide written confirmation to the Company that instructions have been executed. You agree to provide confirmation as
soon as reasonably practicable, but not later than ten business days after the instructions have been executed. 

  

	
	PHOENIX LIFE INSURANCE COMPANY
	
	/s/ Philip K. Polkinghorn
	Philip K. Polkinghorn
	Senior Executive Vice President Life and Annuity
	April 2, 2007

  

	
	PHOENIX EQUITY PLANNING CORPORATION
	
	/s/ Philip K. Polkinghorn
	Philip K. Polkinghorn
	Executive Vice President
	April 2, 2007

  

			
	One American Row	  	
	P.O. Box 5056	  	860 403 5000 Phone
	Hartford, CT 06102-5056	  	www.phoenixwm.com

 Securities distributed by Phoenix
Equity Planning Corporation, Member NASD. 803 403 5000Independent Producer Contract IP/BD

  
 Phoenix Life Insurance
Company 
 INDEPENDENT PRODUCER CONTRACT    IP/BD 

THIS CONTRACT made and entered into by and between PHOENIX LIFE INSURANCE COMPANY, Administrative Offices, One American Row, Hartford,
Connecticut, hereinafter referred to as the “Company” and         J.P. Turner & Co.         city of
        Atlanta        , State of         GA         hereinafter
referred to as “You”, and, if applicable, who is either a Broker-Dealer (herewith “Broker-Dealer”) or a Registered Representative or associated person or entity of the undersigned Broker-Dealer or WS Griffith & Co.,
Inc., (hereafter “WS Griffith”) shall be effective the
        
13th        
 day of         January         ,
        2003        . 
 This contract
includes the following terms and conditions: 
  

					
	 Basic Contract Provisions
	 	OL2650A	  	(6-01)
	 Compliance and Sales Practices Provisions
	 	OL2650B	  	(8-98)
	 Business Entity Provisions
	 	OL2650C	  	(12-99)
	 Variable Products Provisions
	 	OL2650D	  	(12-99)
	 Provisions for Contracting of Producers
	 	OL2650F	  	(8-98)
	 Compensation Provisions
	 	OL2650E	  	(6-01)
	 Expense Allowance Schedule
	 	OL2720B	  	(4-01)

 THIS CONTRACT IS EXECUTED IN
DUPLICATE AT                                   on the
                  day of                 ,
                . 
  

							
	 J.P. Turner & Company, LLC
	 		 	By	 	 William Mello

	Broker-Dealer (if other than Producer)	 		 		 	
			
	 [ILLEGIBLE SIGNATURE]
	 		 	
            862701

	Producer ([Signature])	 		 	NASD CRD NUMBER
				
	 [ILLEGIBLE SIGNATURE]
	 		 	Date	 	 1.13.03

	Witness (Signature)	 		 		 	

 PHOENIX LIFE INSURANCE COMPANY 
 Note: This contract is not valid until approved by an executive officer of the Company. 
  

									
	Approved	 	 Dona D. Young
	 		 	Producer Code Number	 	 194755

				
	Date	 	 APR 23 2003 PRESIDENT
	 		 	

 

 

© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

  

					
	[ILLEGIBLE]	  	[ILLEGIBLE]	  	[ILLEGIBLE]

 BASIC CONTRACT PROVISIONS 

 

	1.	INTRODUCTION AND AUTHORITY 

  

	 	(a)	Authority to act as Producer is hereby granted to You, Provided You are duly licensed, You are free to solicit applications for all coverages offered by the Company,
deliver the policies, collect and submit the first premiums to the Company thereon, and service said business subject to the terms of this contract and regulations and procedures of the Company. 

 

	 	(b)	Nothing contained herein is intended to create the relationship of employer and employee between You and the Company. You are an independent contractor. You shall be
free to exercise Your own judgment as to the persons from whom You will solicit applications and the time, place and means of performing all acts hereunder. 

 

	 	(c)	This contract and Your conduct hereunder are subject to such regulations and procedures as the Company has established or may hereafter establish covering the conduct
of its business. 

  

	 	(d)	You acknowledge and agree that this contract, and Your conduct thereunder, are subject to such applicable federal or state laws, statutes and regulations or directives
issued by any regulatory entity having jurisdiction over the matters covered in this contract, including without limitation the rules and regulations of the Securities and Exchange Commission (SEC); the rules of the National Association of
Securities Dealers Inc. (NASD); the rules of the Broker-Dealer with which You are associated; the Interagency Statement on Retail Sales of Nondeposit Investment Products issued by Federal banking regulators on February 15, 1994 also known as
the “Interagency Statement” as may be amended from time to time. 

  

	 	(e)	You will cause and require all employees or Sub-producers associated with You to comply with all federal or state laws, statutes and regulations or directives issued by
any regulatory entity having jurisdiction over the matters covered by this contract, including the procurement of all prescribed licenses and including without limitation the rules and regulations of the SEC; the rules of the NASD; the rules of the
Broker-Dealer with which You are associated; the Interagency Statement on Retail Sales of Nondeposit Investment Products issued by Federal banking regulators on February 15, 1994 also known as the “Interagency Statement” as may be
amended from time to time. 

  

	2.	LIMITATIONS ON AUTHORITY 

  

	 	(a)	You shall not assign Your rights under this contract; make, alter or discharge contracts for the Company; or waive forfeiture; grant permits, name special rates;
guarantee dividends; or bind the Company in any way. 

  

	 	(b)	No circular; advertisement; materials to be used in any sales presentation; brochures; form letters; or any similar sales materials for the sale of Company products
shall be printed, published, or used in any way by You unless it shall first have been approved by the Company, and as appropriate, by the NASD and the Broker-Dealer with which You are associated with. 

 

	 	(c)	You shall not make any oral or written statements concerning the products offered under this Contract which may misrepresent any statements that are contained in the
current prospectuses or sales literature approved by the Company. 

  

	 	(d)	Only illustrations or proposals produced by the use of the Company’s approved illustration process or software may be used in connection with any sales
presentation. 

  

	3.	ADMITTED ACCOUNTS 

 Upon
receipt from the Company of any written statement of account, You agree to examine the same immediately and to notify the Company at once in writing of any difference between said statement and Your records. If You fail to notify the Company within
thirty (30) days of any difference, it shall be an admission of the correctness of such statement. 
  

	4.	COMPANY PROPERTY 

 All
printed matter, policyholder or account holder and premium information and records, proposal software, or any other supplies and equipment furnished by the Company to You in connection with the sale and solicitation of the products covered by this
Contract, are the property of the Company and must be returned upon termination of this Contract. You will assist the Company in the distribution and retrieval, from any employee or Sub-producer if necessary, of these materials at the Company’s
request. You are responsible for any misuses thereof of such property. All not taken policies, delivery receipts, initial premium receipts, temporary insurance receipts and any other receipts shall be returned to the Company on demand. 

  

					
	OL2650A 6-01	  	1	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 You will not disclose to any person, firm, or corporation, or utilize or reproduce for Your
own use, any proprietary information concerning the business of the Company which You may have acquired in the course of, or as an incident to, its services under this Contract. Proprietary information shall include, but not be limited to, proposal
formats, underwriting rules, product specifications and contract language, marketing information and materials, administrative procedures, computer systems and software, sales data, customer lists, financial plans, investment strategies,
policyholder and insured data, and Company data on agencies and distribution systems. The foregoing notwithstanding, the following shall not be considered proprietary information for the purposes of this provision: (a) information publicly
available or generally known within the life insurance industry; and (b) information obtained from other sources not under a duty of confidentiality to the Company with respect to such information. 

You acknowledge and agree that the Company, either in its own right or through one or more subsidiaries and/or affiliates, is the sole
owner of the names, logos, symbols, trademarks, service marks, trade names or other means of identification (collectively, “Phoenix Marks”) now, heretofore or hereafter used by the Company, its subsidiaries and affiliates, whether or not
such subsidiaries or affiliates are wholly owned. You agree not to use any Phoenix Marks or variation thereof, including, without limitation, “Phoenix Life Insurance Company” and “Phoenix,” except as expressly authorized by
Phoenix. Any use by You of a Phoenix Marks shall be pursuant to this non-exclusive license, shall inure to the benefit of the Company and is subject to the right of the Company to approve or disapprove any such use, or withdraw any previous
approval, in the Company’s sole discretion. You agree not to raise or cause to be raised during the term of this Agreement or after its termination, on any grounds whatsoever, any questions concerning or challenges to the ownership by the
Company of the Phoenix Marks or the validity or registrability of the Phoenix Marks. You also agree that you shall cease all use of the Phoenix Marks in the event this agreement is terminated on any grounds whatsoever. This provision shall survive
the termination of this contract. 
  

	5.	MAINTAINING PRIVACY OF NON-PUBLIC PERSONAL INFORMATION 

  

	 	(a)	Definition 

 The term Non-Public
Personal Information (“NPPI”) means a customer’s or client’s private information as defined under either federal or state law or regulation. At a minimum, NPPI includes a customer’s name, telephone or facsimile number,
social security number, net worth, other financial information, any medical information and the fact that the customer has purchased a product or service from Phoenix. NPPI includes any such information obtained by You whether You obtain it in
connection with an application for, or servicing of, a Phoenix product or service or otherwise. 
  

	 	(b)	Obligations 

 You are obligated
to maintain the confidentiality of any NPPI that You obtain in connection with the sale and servicing of Company products under this contract. You will not divulge or release any NPPI in any manner except as permitted by law, or authorized in
writing by the owner of such NPPI. You will use such information only to the extent required in connection with the sale and servicing of this business and will not otherwise share it with any other person or organization. In the event that you
share NPPI with an entity assisting you in performing services under this contract, you must have an agreement with such entity which includes a confidentiality provision prohibiting disclose or use of NPPI other than to carry on the purposes for
which the information was provided. 
  

	 	(c)	Multiple relationship circumstances 

 Where You acquire NPPI that will be used in connection either with another company’s product, or in circumstances where it will be used with a Phoenix product or service in combination with other
products or services (including any such services which may be solicited by You) then You must comply with the privacy requirements of all such organizations. 
  

	6.	INDEBTEDNESS/INDEMNIFICATION 

 You agree to indemnify the Company for any indebtedness or obligations created by You or employees or Sub-producers associated with You, whether arising hereunder or otherwise. You also agree to indemnify
the Company for any liabilities, losses, costs or expenses incurred or moneys paid by the Company to any person as the result of the misrepresentations, negligence or unauthorized acts by You, Your employees or Sub-producers associated with You.

  

					
	OL2650A 6-01	  	2	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 The Company, in addition to the rights available under the law to recover any funds due it,
may set off such obligation or indebtedness from any compensation payable under this contract or any other contract that You may have with the Company or with any affiliate or subsidiary of the Company. In addition You agree to reimburse the Company
for any attorney’s fees, expenses or collection costs incurred in the enforcement of this provision. The terms of this provision shall not be impaired by termination of this contract. 

The Company will not indemnify You in any manner for any acts arising out of the operation of this contract. 

 

	7.	COLLECTION OF MONEYS - ACCOUNTING 

 You shall not accept cash currency for or on behalf of the Company, All funds received or collected by You, Your employees or Sub-producers associated with You, for or on behalf of the Company, shall be
held in trust and shall not be used for any personal use or other purposes whatsoever, but shall be immediately paid and delivered to the Company. You shall make such accounting as the Company may require for all funds, checks, money orders, drafts,
policies, receipts and other valuable papers received in connection with the business of the Company. You shall indemnify the Company for any losses resulting from receipt of money paid in connection with such insurance or annuity application or
policy or receipts. 
  

	8.	ASSIGNMENTS 

 You shall
not assign compensation payable hereunder without the prior written consent of the Company. The Company does not assume responsibility for the validity or sufficiency of any aspect of any assignment. 

 

	9.	MODIFICATION OF CONTRACT 

This entire contract may be modified in whole or in part from time to time through standard Company communication procedures. Any
modifications of the contract made after the date on the forms contained in Your contract shall govern. Such modifications are available for inspection at the Company’s local field offices or at the Home Office of the Company. Neither this
contract nor any modification shall be binding on the Company unless approved in writing by an executive officer of the Company. 
  

	10.	PRIOR CONTRACTS 

 This
contract replaces any previous contract with the Company and constitutes the entire agreement between You and the Company. Any obligation to the Company incurred by You under a prior contract shall continue to exist subject to the terms of such
prior contract. 
  

	11.	TERMS SUBJECT TO APPLICABLE LAW 

 All rights, powers, and remedies provided herein may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and are intended to be limited to the
extent necessary so that they will not render this contract invalid, illegal, or unenforceable. If any term of this contract shall be held to be invalid, illegal, or unenforceable, the validity of other terms of this contract shall in no way be
affected thereby. 
  

	12.	OBLIGATIONS 

 You
acknowledge that the Company relies upon You for a careful and frank presentation of the facts necessary for the proper underwriting and acceptance of the requested insurance coverages. You shall give complete and accurate answers in the application
and associated forms. You shall promptly transmit to the Company any and all information that will enable the Company to determine if the insurance applied for should be issued by the Company and upon what terms and rates. You shall not accept any
payment unless the applicant is at time of delivery in good health and in insurable condition as originally represented to us by the applicant to the best of Your knowledge and belief. 

 

	13.	BONDS/ERRORS AND OMISSIONS COVERAGE 

 The Company, at its option, or regulatory authorities, may require that You be bonded. Failure by You to be accepted for such bond or subsequent cancellation of the same shall terminate this contract. You
shall also obtain and maintain errors and omissions professional liability coverage in such an amount and in such forms as will be required by the Company. Copies of said coverages together with evidence of payment of any premiums or cost shall be
provided to the Company. Failure to provide such coverage or subsequent cancellation of the same shall terminate this contract. 

  

					
	OL2650A 6-01	  	3	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

	14.	PRESERVATION OF BUSINESS 

For a period of two (2) years following the termination of this Contract for any reason, You shall not directly or indirectly contact
any policy, account or annuity holder of the Company, for the purpose of inducing or attempting to induce such a policy, account or annuity holder to surrender, cancel, lapse, or fail to renew such policy or policies, accounts or annuities with the
Company. 
 Violation of this provision may be enjoined by any remedies, legal or equitable, available to the Company, including
an injunction. In addition, the Company shall be entitled to recover from You all costs and expenses including but not limited to all attorney fees incurred in connection with the enforcement of this provision. 

 

	15.	PERSISTENCY AND PRODUCTION REQUIREMENTS 

 The Company may from time to time establish minimum persistency and production requirements in order for You to continue this contractual relationship with the Company in order to receive certain
compensation levels as specified in this contract. Your failure to meet such requirements may terminate this Contract. 
  

	16.	FORBEARANCE NOT WAIVER 

The failure of the Company to enforce any provision of this contract shall not constitute a waiver by the Company of any such provision.
The past waiver of a provision by the Company shall not constitute a course of conduct or a waiver in the future of that same provision. 
  

	17.	DUTIES UPON TERMINATION 

Upon termination, You are under an absolute duty to return to the Company all Company property as set forth in this contract. You further
acknowledge that You may not resist or impede in any manner the Company’s access to its policy, account or annuity holders. 

You further agree to immediately cease and desist from exercising any and all rights herein or hereafter granted to You by the Company,
including, without limitation, any right to use a Phoenix Mark(s). 
  

	18.	TERMINATION 

 This
contract, and the agency created hereunder, shall terminate on the occurrence of any of the following events and upon such termination all compensation shall cease, except as may be otherwise expressly provided herein: 

 

	 	(a)	Upon written notice of termination by You or the Company, with or without cause, either delivered personally or mailed to the last known address of the other party at
least twenty (20) days prior to the date fixed therein for such termination, unless an earlier date of termination satisfactory to both parties is specified, in which event such earlier date shall control. 

 

	 	(b)	If You are an individual, upon Your death. 

  

	 	(c)	Immediately if You withhold, convert, or misappropriate any moneys, policies, receipts or property belonging to the Company, its affiliates or subsidiaries or policy,
account or annuity holder; or breach any of the terms of this contract; violate any Company regulations or procedures. 

  

	 	(d)	Immediately upon the entry, involvement, or participation in any business activity by You which is in conflict with the interest of the Company as determined solely by
the Company. 

  

	 	(e)	If You fail to meet any minimum persistency or production requirements that may be established by the Company. 

 

	 	(f)	Immediately if You fail to obtain or maintain any bond or errors and omissions coverages that may be required by the Company. 

 

	 	(g)	Immediately if You are a partnership, corporation, or an individual operating under a trade name and there is a sale, merger, dissolution, bankruptcy or other transfer
of the assets of said corporation, partnership or entity. 

  

	 	(h)	Immediately if You fail to report any investigations or examinations commenced by any regulatory authorities relating to Your marketing and sales practices or fail to
cooperate with the Company in the investigation of any complaint or grievance brought against You. 

  

					
	OL2650A 6-01	  	4	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

	 	(i)	Immediately if You cease to be validly licensed as an insurance agent or producer. 

 

	 	(j)	Upon termination of any contractual relationship You may have with any affiliate, subsidiary or the parent of the Company. 

 

	19.	MISCELLANEOUS 

 The
headings to the paragraphs in this contract are only inserted as a guide to assist in the location of said paragraphs and they are not to be construed as any indication of the meaning or content of the respective paragraphs. 

  

					
	OL2650A 6-01	  	5	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 COMPLIANCE AND SALES PRACTICES PROVISIONS 

 

	1.	GENERAL 

 You will take
reasonable steps to ensure that You, Your sub-producers and/or employees make recommendations based upon reasonable grounds that the products being solicited are suitable and consistent with the applicants’ insurable needs and financial
objectives. 
 The determinations of suitability will include but not be limited to a reasonable inquiry as to the
applicants’: 
  

	 	•	 	 insurance and investment objectives 

  

	 	•	 	 financial situation 

  

	 	•	 	 risk propensity 

  

	 	•	 	 personal desires and needs, 

 The foregoing is not intended to replace or supersede any otherwise applicable insurance or securities suitability standards as may be applicable. 

 

	2.	REBATING AND DISCRIMINATORY TREATMENT 

 You will not directly or indirectly participate in any arrangement, plan or scheme that involves rebating of any compensation; the providing of any special benefit; or the giving of any other advantage to
a policy, account; annuity holders or insureds that is not made available to all policy, account or annuity holders and insureds. 
  

	3.	APPLICATION PROCEDURES 

You shall have all applications and related documents for the products offered under this Contract accurately completed and signed by the
applicant and properly witnessed. You shall submit the applications and related documents to the Company directly or through the Broker-Dealer, if appropriate, together with all payments received from the applicant, without any deductions. You shall
not accept any cash currency for or on behalf of the Company. You shall cause all checks or money orders to be made payable to “Phoenix Life Insurance Company” and cause all payments collected for the Company to be held in trust and
immediately delivered to the Company, Phoenix Equity Planning Corporation (hereinafter PEPCO) or Broker-Dealer as appropriate. You shall also comply with any other application procedures that may be established from time to time by the
Broker-Dealer, PEPCO or the Company. 
  

	4.	COMPLAINT OR GRIEVANCE HANDLING 

 Upon receipt of any written or oral complaint or grievance from a policy, account or annuity holder of the Company, You will immediately advise the Policyholder Service Center of the Company of the
complaint or grievance. You agree that You will fully cooperate with the Company in its investigation of the matter. This cooperation shall include, but not be limited to, responding to any requests for information, providing any needed statements
and supplying copies of Your file on the matter that is the subject of the complaint or grievance. You have no authority to settle or resolve the complaint or grievance involving a product issued by the Company. 

 

	5.	CONTINUING DUTY TO REPORT AND DISCLOSE 

 At the time of Your contracting with the Company, You provided certain information concerning You and Your Sub-producers, or employees’ background and suitability to be contracted and appointed to
represent the Company. You will immediately notify the Individual Compliance Department of the Company if there is any change in such information previously submitted. 
  

	6.	NOTIFICATION OF ANY EXAMINATION, INVESTIGATION OR LITIGATION 

 You will immediately notify the General Counsel of the Company of any investigations or examinations commenced by any regulatory authorities relating to any aspect of Your marketing and sales practices,
or that of Your Sub-producers or employees. You further agree to immediately notify the General Counsel of any pending or threatened litigation which relates to Your sales practices, or that of Your Sub-producers or employees involving the sales of
any of the Company’s products. 

  

					
	OL2650B 8-98	  	6	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

	7.	REPLACEMENTS 

 In most
instances, a replacement is not to the advantage of the policy or annuity holder because of; 
  

	 	(1)	increased premiums for a new policy issued at an older age, 

  

	 	(2)	duplication of acquisition costs, 

  

	 	(3)	loss of privileges and options under old policies or annuities, which in some instances are not available to the new ones, and 

 

	 	(4)	the introduction of new suicide and incontestability clauses. 

 Rarely will You encounter situations where replacement of permanent insurance or annuities in any Company will be advisable and in the best interest of the policyholder. If any replacement does occur, You
shall maintain files and records demonstrating to the Company’s satisfaction that the replacement is in the best interest of the policyholder. 
 The Company does not sanction the practice of seeking replacements or utilizing cash values of existing policies or annuities, which in most cases leads to ultimate surrender or lapse, as methods of
promoting the sale of new insurance. Any pattern of such activities on Your part, as determined by the Company, shall be the basis for immediate termination of this contract. 
 If You improperly induce policy, account or annuity holders of the Company to replace insurance or annuities in force in the Company with any insurance or annuities issued by this or another Company, then
in addition to any specific rights found elsewhere in this entire contract, then all Your rights to any compensation payable under the terms of this contract or any other contract with the Company shall immediately cease. 

  

					
	OL2650B 8-98	  	7	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 BUSINESS ENTITY PROVISIONS 

 

	1.	INTRODUCTION AND AUTHORITY 

If You are a partnership, corporation, or are an individual that has employees, all applications for the products offered under this
contract shall be solicited only by individuals (hereinafter “Sub-producers”) representing You who have been duly licensed under the applicable insurance laws to secure such applications and who indicate on each such application that it
has been solicited on Your behalf. 
 If You are a corporation or a partnership, personal production under this contract shall be
the production of the designated principal of the corporation. 
  

	2.	CONDUCT 

 You will cause
and require all employees or Sub-producers associated with You to comply with all applicable state and federal laws and the regulations or other directives of the insurance departments of the states in which You are soliciting insurance including
the procurement of all prescribed licenses. 
 You will cause and require all employees or Sub-producers associated with You to
comply with the rules and regulations of the SEC; the rules of the NASD; the rules of the Broker-Dealer with which You are associated, and the Interagency Statement on Retail Sales of Nondeposit Investment Products issued by Federal banking
regulators on February 15, 1994 also known as the “Interagency Statement” as may be amended from time to time. 

You will also cause and require all employees or Sub-producers associated with You to become familiar and comply with the terms of this
Contract and all compliance and/or market conduct directives, manuals, guidelines that may be issued from time to time by the Company. 
  

	3.	CONTRACTING OF SUB-PRODUCERS 

  

	 	(a)	If You are so authorized, You may recruit Sub-producers satisfactory to the Company to carry out the purposes of this contract. All such Sub-producers shall be approved
in writing by the Company and be appropriately licensed with the Company before entering into any contractual relationship with You. 

  

	 	(b)	The Company shall retain the authority to terminate or cancel any license of such Sub-producer of Yours, Any such Sub-producer whose license has been terminated or
canceled by the Company shall not perform any duties for You which involve Phoenix products or policyholders. 

  

	 	(c)	You shall be responsible to the Company for all business done or entrusted to Sub-producers or others appointed or employed by You, and no such appointee, Sub-producer
or employee shall have any claim against the Company for commissions or otherwise. 

  

	 	(d)	You shall indemnify and save the Company harmless from all losses, expenses, costs, damages and liability resulting from negligent acts by You or Your employees or
Sub-producers, and from acts or transactions by any of them not authorized by the Company. 

  

	 	(e)	Subject only to paragraphs (a), (b), (c), and (d) herein, You shall have the sole discretion in determining who among Your Sub-producers and employees shall
perform the functions required of You. 

  

	4.	DESIGNATION OF PRINCIPAL/GUARANTEES 

 If You are a partnership or corporation You shall designate by written resolution of Your Board of Directors or all partners, an executive officer or partner who is acceptable to the Company and
authorized to act in Your name in all matters with the Company, You agree to be bound by the acts of the principal and the principals’ transaction with the Company, and the Company may rely on the authority of the principal until the
principal’s designation as principal is revoked in writing by a resolution of Your Board of Directors or remaining partners and that resolution is filed by the Company. 
 In addition, if You are a corporation, the Company may require the principals of said corporation to execute a written guarantee of performance of all terms of this contract by the corporation.

  

					
	OL2650C 12-99	  	8	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 VARIABLE PRODUCTS PROVISIONS 

 

	1.	THE BROKER-DEALER 

 At
all times during the continuance of this Contract You, or the Broker-Dealer with which You are a registered representative, must be a registered broker-dealer with the SEC, a member of the NASD, and You, or the Broker-Dealer of which You are a
registered representative, must have a Broker-Dealer Supervisory and Service Agreement in effect with Phoenix Equity Planning Corporation (hereinafter “PEPCO”), the master servicer of the Variable Contracts, as defined by the Company, and
issued by the Company. 
  

	2.	REGISTRATION AND LICENSING 

  

	 	(a)	When soliciting applications for, or selling, Variable Contracts, You must at all times be a registered Broker-Dealer or a registered representative of, or associated
with, a registered Broker-Dealer, and if the particular jurisdiction requires, be licensed or registered as a representative of the Broker-Dealer. 

  

	 	(b)	When soliciting for, or selling, the Variable Contracts, You must at all times be validly licensed or appointed by the Company as a variable contracts producer in
accordance with the jurisdictional requirements of the place where the solicitations take place. 

  

	 	(c)	You may solicit for and sell the Variable Contracts wherever the Variable Contracts are authorized for sale by the governmental authorities having jurisdiction,
provided You, the Broker-Dealer with whom you are associated, and the Company are all validly licensed, registered or otherwise qualified, as required for the solicitation and sales of the Variable Contracts. 

 

	 	(d)	If You are a partnership, corporation, or an individual who has employees, any solicitation of applications must be by Sub-producers acting on Your behalf who: 1) have
been duly licensed to solicit applications for the Company; 2) have indicated on each application that the application is on Your behalf; 3) have been approved as Sub-producers in writing by the Company, 4) and are duly registered with the NASD. The
Company shall retain the authority to terminate the Sub-producer’s appointment with the Company. You shall be responsible for all business written by Sub-producers or employees, and they shall not have any direct claim against the Company,
PEPCO or Broker-Dealer (unless you are the Broker-Dealer) for commissions or other compensation. You shall be responsible for supervising all Sub-producers and employees and causing them to comply with the provisions of this Agreement.

  

	3.	AUTHORITY TO SOLICIT 

Your authority to solicit Variable Contracts shall be immediately terminated if You cease to be validly NASD registered or the
Broker-Dealer with which you are registered ceases to have a Broker-Dealer Supervisory and Service Agreement for the Contracts in effect or it ceases to be SEC or NASD registered. 

 

	4.	COMPENSATION - VARIABLE LIFE AND ANNUITY PRODUCTS 

 The Company will pay to You commissions on Variable Products, as defined by the Company, for which You have secured the application and performed such other duties as may be necessary to place the policy
or annuity in force and have complied with the Company’s rules and procedures concerning the delivery of the policy or annuity. These commissions shall be as provided in this contract and in accordance with the commission schedule in force at
the time the policy is issued. 
 You agree that first year commissions related to sales of authorized Variable Contracts for
which You have placed in force will be paid to you. You direct and authorize that any first year commission due You be paid to You if You are a Broker-Dealer or the Broker-Dealer with whom you are associated if You are not a Broker-Dealer.

 The amount of first year commission You shall receive from the Broker-Dealer, as paying agent, shall be determined in
accordance with your agreement with the Broker-Dealer applicable to the Variable Contracts at the time a premium or a purchase payment is received by the Company. You agree that neither the Company nor PEPCO are responsible for your first year
commission and that You shall look to and seek such compensation only from the Broker-Dealer with whom You are associated. 

  

					
	OL2650D 12-99	  	9	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 Compensation, other than first year commissions, shall be paid by the Company directly to
You in accordance with the applicable Schedule attached hereto. 
 You shall not be entitled to any compensation based on
premiums and/or purchase payments received by the Company after termination of this Contract, except as specified in the applicable Schedule attached hereto. 
 Should the Company for any reason refund any premium on any Contract sold hereunder including, but not limited to, any premiums refunded under any free look provision, You shall repay on demand any
compensation received with respect thereto. 
 If You are soliciting sales of Variable Products as a Sub-producer of a
Broker-Dealer which is insurance licensed and has a Contract with the Company, all compensation under this Contract will be paid to that Broker-Dealer. 
  

	5.	PREMIUM AND COMMISSION REGULATIONS 

 First year premiums are those paid for the first policy year. Renewal premiums are those paid for each subsequent policy year, referred to herein as a renewal year. First year commissions are those
payable on first year premiums. Renewal commissions are those payable on renewal premiums. Commissions will be payable on interim premiums, extra premiums, or waived premiums as provided by the rules of the Company as then in force. 

For the purpose of this contract, a premium shall be regarded as paid in the calendar year in which it is entered as paid in the
accounting records of the Company in its Home Office. 
  

	6.	FIRST YEAR COMMISSIONS 

First year commissions on policies will be paid in accordance with such schedule on first year premiums paid on business produced by You
as described above and herein. 
  

	7.	RENEWAL COMMISSIONS 

Renewal commissions will be paid on renewal premiums of such business according to the schedule in force at the time of the payment of
first year premium, and, except as specifically stated herein, shall be governed by the rules of the Company as then in force. 
  

	8.	VESTED RENEWAL COMMISSIONS 

Commissions that are vested will be paid whether or not this contract has been terminated at the time the premium is paid on which the
commission is based. The vested commission payable on any product is determined from the commission schedule in force at the time the first year premium payment was made. This commission as earned in accordance with this contract, will be payable to
You, or, if You are an individual and are deceased, to Your executor or administrator. 
  

	9.	JOINT SUBMISSION 

 If
business is submitted jointly by more than one producer, subject to the approval of the Company, the division of commissions will be proportionate, or in accordance with directions in the application submitted. 

 

	10.	REPLACEMENT OR REWRITE OF POLICIES 

  

	 	(a)	Replacement 

 When a policy is
issued to take the place of another policy in this or any other insurance company, the commission on the new policy, if allowed, shall be governed by the rules of the Company as then in force. 

 

	 	(b)	Refund of Premium 

 Should the
Company for any reason refund any premium on any policy sold or annuity hereunder, You shall repay on demand any commissions or any other compensation received therein, including, but not limited to, the refund of any premiums under any Free Look
Provision. You shall also refund any advanced commissions or other compensation which became unearned because of non-payment of premiums. 
  

	 	(c)	Reduction or Modification 

 If,
before the end of the second policy year, the policy is reduced in amount or is divided into two or more policies so that one or more policies are written on which the rate of the first year commissions in accordance with the standard commission
schedule would have been less than was actually paid thereunder, then the excess first year commission, renewal commissions or any other compensation over the respective amounts due on said changed policy or policies shall be returned to the
Company. 
 This provision shall not be impaired by the termination of this contract. 

  

					
	OL2650D 12-99	  	10	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

	11.	LAPSE OR TERMINATION 

 If
any policy sold by You is lapsed, terminated, or not taken, no commission thereafter shall be payable to You unless You are wholly instrumental in restoring it while You are acting hereunder and within three (3) months of the lapse or
cancellation. 
  

	12.	EXPENSE ALLOWANCE PROVISIONS 

 The Company will provide You an allowance to offset expenses You have incurred in soliciting and placing insurance and annuity contracts with the Company. 

 

	 	(a)	The Company agrees, subject to limitations and conditions herein described and to the extent permitted by appropriate regulatory authorities, to make periodic Expense
Allowance Payments to You. The Expense Allowance Payments shall be made in accordance with the Expense Allowance Schedule in effect at the time the payment is earned. The Expense Allowance Schedule currently in force is attached to and made a part
of this Agreement. 

  

	 	(b)	To be eligible to receive Expense Allowance Payments in any calendar year, You must meet the requirements set forth in the current Expense Allowance Schedule.

  

	 	(c)	Expense Allowance Payments are not to be used to effect compensation or allowances in excess of the limits permitted by any law or regulation. In the event the Company
determines that a payment or payments is, or was, in excess of those limitations, You agree to refund such amounts upon demand of the Company. 

  

	 	(d)	These provisions or the Expense Allowance Schedule may be modified in whole or in part from time to time through standard Company communications procedures. Any
modifications of this Agreement or the expense Allowance Schedule made after the date on this Agreement or the attached Schedule shall govern. Such modifications are available for inspection at the Company’s local field offices.

  

	 	(e)	In the event the Company makes Expense Allowance Payments to which You are not entitled under the terms of this Contract and Schedule attached hereto, You agree to
refund any amounts due the Company promptly upon demand by the Company. The Company shall have the right to set off amounts due You under this Agreement against any amounts You owe the Company, its affiliates and/or subsidiaries. The terms of this
provision shall not be impaired by termination of this Agreement. 

  

	 	(f)	No Expense Allowance payments will be paid to You if Your Broker-Dealer has an Expense Allowance Agreement or Commission Contract with the Company.

  

	13.	REGULATORY COMPLIANCE 

 If
any compensation provision of this contract is disapproved by any regulatory authority, this contract may be modified as necessary to be acceptable to such regulators. The effective date of such modification may be retroactive to the date of this
contract or such other date that may be required by such regulators. You agree to promptly refund upon demand any compensation paid in excess of any amount approved by said regulatory authority. 

  

					
	OL265OD 12-99	  	11	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 PROVISIONS FOR CONTRACTING OF PRODUCERS 

 

	1.	CONDUCT 

 You will cause
and require all Producers, employees or Sub-producers associated with You to comply with all federal or state laws, statutes and regulations or directives issued by any regulatory entity having jurisdiction in this matter, the procurement of all
prescribed licenses and including without limitation the rules and regulations of the SEC; the rules of the NASD; the rules of the Broker-Dealer with which You are associated; the Interagency Statement on Retail Sales of Nondeposit Investment
Products issued by Federal banking regulators on February 15, 1994 also known as the “Interagency Statement” as may be amended from time to time. 
  

	2.	CONTRACTING OF PRODUCERS 

  

	 	(a)	If You are so authorized, You may recruit Producers satisfactory to the Company to carry out the purposes of this contract. All such agents shall be approved in writing
by the Company and be appropriately licensed and contracted with the Company before entering into any contractual relationship with You. 

  

	 	(b)	The Company shall retain the authority to terminate and cancel any license and contract of such Producer and any such Producer whose license or contract has been
terminated or canceled by the Company shall not perform any duties for You which involve products or policyholders of the Company. 

  

	 	(c)	All such Producers shall be appropriately licensed with the Company and shall execute a standard commission contract with the Company. 

 

	 	(d)	The term Producer when used in this contract shall mean any Producer contracted by the Company as a result of the written recommendation by You or assigned by the
Company to You for supervision. 

  

	 	(e)	You shall be responsible to the Company for all business done or entrusted to Producers and no such Producer shall have any claim against the Company for commissions or
otherwise unless in accordance of the terms of the standard commission contract by the Company and the Producer. 

  

	 	(f)	You shall indemnify and save the Company harmless from all losses, expenses, costs, damages and liability resulting from negligent acts by You or Your agents and from
acts or transactions by any of them not authorized by the Company. 

  

	 	(g)	Subject only to paragraphs (a), (b), (c), and (d) herein, You shall have the sole discretion in determining who among Your Producers shall perform the functions
required of You. 

  

					
	OL2650F 8-98	  	12	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

 COMPENSATION PROVISIONS 

 

	1.	COMPENSATION - TRADITIONAL LIFE AND ANNUITIES 

 The Company will pay to You commissions on policies and annuities for which You have secured the application and performed such other duties as may be necessary to place the policy or annuity in force and
have complied with the Company’s rules and procedures concerning the delivery of the policy or annuity. These commissions shall be as provided in this contract and in accordance with the commission schedule in force at the time the policy is
issued. 
  

	2.	PREMIUM AND COMMISSION REGULATIONS 

 First year premiums are those paid for the first policy year. Renewal premiums are those paid for each subsequent policy year, referred to herein as a renewal year. First year commissions are those
payable on first year premiums. Renewal commissions are those payable on renewal premiums. Commissions will be payable on interim premiums, extra premiums, or waived premiums as provided by the rules of the Company as then in force. 

For the purpose of this contract, a premium shall be regarded as paid in the calendar year in which it is entered as paid in the
accounting records of the Company in its Home Office. 
  

	3.	FIRST YEAR COMMISSIONS 

First year commissions on policies will be paid in accordance with such schedule on first year premiums paid on business produced by You
as described above and herein. 
  

	4.	RENEWAL COMMISSIONS 

Renewal commissions will be paid on renewal premiums of such business according to the schedule in force at the time of the payment of
first year premium, and, except as specifically stated herein, shall be governed by the rules of the Company as then in force. 
  

	5.	VESTED RENEWAL COMMISSIONS 

Commissions that are vested will be paid whether or not this contract has been terminated at the time the premium is paid on which the
commission is based. The vested commission payable on any product is determined from the commission schedule in force at the time the first year premium payment was made. This commission, as earned in accordance with this contract, will be payable
to You, or, if You are an individual and are deceased, to Your executor or administrator. 
  

	6.	JOINT SUBMISSION 

 If
business is submitted jointly by more than one producer, subject to the approval of the Company, the division of commissions will be proportionate, or in accordance with directions in the application submitted. 

 

	7.	REPLACEMENT OR REWRITE OF POLICIES 

  

	 	(a)	Replacement 

 When a policy is
issued to take the place of another policy in this or any other insurance company, the commission on the new policy, if allowed, shall be governed by the rules of the Company as then in force. 

 

	 	(b)	Refund of Premium 

 Should the
Company for any reason refund any premium on any policy sold or annuity hereunder, You shall repay on demand any commissions or any other compensation received therein, including, but not limited to, the refund of any premiums under any Free Look
Provision. You shall also refund any advanced commissions or other compensation which became unearned because of non-payment of premiums. 
  

	 	(c)	Reduction or Modification 

 If,
before the end of the second policy year, the policy is reduced in amount or is divided into two or more policies so that one or more policies are written on which the rate of the first year commissions in accordance with the standard commission
schedule would have been less than was actually paid thereunder, then the excess first year commission, renewal commissions or any other compensation over the respective amounts due on said changed policy or policies shall be returned to the
Company. 

  

					
	OL2650E 6-01	  	13	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

	 	(d)	Termination under Policy Rider 

If a policy sold by You is lapsed, surrendered, canceled or otherwise terminated by the policyholder by exercising a right given the
policyholder by the terms of any rider to the policy, all compensation paid on the policy shall be returned to the Company. 
  

	 	(e)	Surrender, Death or Termination in the First Year 

 If during the first policy year the annuity policy is terminated by reason of death, free look or total surrender, all compensation paid on the policy shall be returned to the Company. 

If during the first policy year of the annuity policy there is a partial surrender in excess of any penalty free surrender amount, the
compensation on that excess amount shall be returned to the Company. 
 This provision shall not be impaired by the termination
of this contract. 
  

	8.	LAPSE OR TERMINATION 

 If
any policy sold by You is lapsed, terminated, or not taken, no commission thereafter shall be payable to You unless You are wholly instrumental in restoring it while You are acting hereunder and within three (3) months of the lapse or
cancellation. 
  

	9.	EXPENSE ALLOWANCE PROVISIONS 

 The Company will provide You an allowance to offset expenses You have incurred in soliciting and placing insurance and annuity contracts with the Company. 

 

	 	(a)	The Company agrees, subject to limitations and conditions herein described and to the extent permitted by appropriate regulatory authorities, to make periodic Expense
Allowance Payments to You. The Expense Allowance Payments shall be made in accordance with the Expense Allowance Schedule in effect at the time the payment is earned. The Expense Allowance Schedule currently in force is attached to and made a part
of this Agreement. 

  

	 	(b)	To be eligible to receive Expense Allowance Payments in any calendar year, You must meet the requirements set forth in the current Expense Allowance Schedule.

  

	 	(c)	Expense Allowance Payments are not to be used to effect compensation or allowances in excess of the limits permitted by any law or regulation. In the event the Company
determines that a payment or payments is, or was, in excess of those limitations, You agree to refund such amounts upon demand of the Company. 

  

	 	(d)	These provisions or the Expense Allowance Schedule may be modified in whole or in part from time to time through standard Company communications procedures. Any
modifications of this Agreement or the expense Allowance Schedule made after the date on this Agreement or the attached Schedule shall govern. Such modifications are available for inspection at the Company’s local field offices.

  

	 	(e)	In the event the Company makes Expense Allowance Payments to which You are not entitled under the terms of this Contract and Schedule attached hereto, You agree to
refund any amounts due the Company promptly upon demand by the Company. The Company shall have the right to set off amounts due You under this Agreement against any amounts You owe the Company, its affiliates and/or subsidiaries. The terms of this
provision shall not be impaired by termination of this Agreement. 

  

	 	(f)	No Expense Allowance payments will be paid to You if Your Broker-Dealer has an Expense Allowance Agreement or Commission Contract with the Company.

  

	10.	REGULATORY COMPLIANCE 

 If
any compensation provision of this contract is disapproved by any regulatory authority, this contract may be modified as necessary to be acceptable to such regulators. The effective date of such modification may be retroactive to the date of this
contract or such other date that may be required by such regulators. You agree to promptly refund upon demand any compensation paid in excess of any amount approved by said regulatory authority. 

  

					
	OL2650E 6-01	  	14	  	© 2001 Phoenix Life Insurance Company - All Rights Reserved

  

					
	

	  	 Phoenix Life Insurance Company
 100 Bright Meadow Boulevard
 PO Box 1900
 Enfield CT 06083-1900
	  	EAP-A

 Expense Allowance Schedule

 You are responsible for all payment of expenses in Your office. The Company will pay an expense allowance to You to offset the expenses
You have incurred in the acquisition and servicing of insurance contracts placed through Your office. Payment of the expense allowance is as follows: 
  

	1.	Definitions 

  

	 	a.	Eligible First Year Commissions (FYC) are defined as follows: 

  

	 	•	 	 FYC on annual premium of individual variable life insurance plans, other than traditional universal life insurance plans: and

	 	•	 	 FYC on premium up to the commissionable target premium (CTP) for flexible premium variable universal life plans. 

 

	 	b.	Eligible FYC do not include the following: FYC on premium in excess of the commissionable premium (CTP) for flexible premium variable universal life, or on any
product the company may from time to time exclude. 

  

	 	c.	Eligible FYC year-to-date include all of Your eligible FYC which have been earned and paid during the current calendar year, including the current commission cycle.

  

	2.	Expense Allowance Payment (EAP) Calculation 

 The Company will calculate and pay EAP as a percentage of Eligible FYC at 82% for all business paid during the current calendar. 
 Eligible FYC shall be regarded as paid when the premium is entered as paid in the accounting records of the Company in its home office. 

  

					
	OL2720B	  	15	  	4-01

  

					
	

	  	 Phoenix Life Insurance Company
 100 Bright Meadow Boulevard
 PO Box 1900
 Enfield CT 06083-1900
	  	EAP-4

  

	B.	Expense Allowance Schedule 

 You are
responsible for all payment of expenses in Your office. The Company will pay an expense allowance to You to offset the expenses You have incurred in the acquisition and servicing of insurance contracts placed through Your office. Payment of the
expense allowance is as follows: 
  

	1.	Definitions 

  

	 	a.	Eligible First Year Commissions (FYC) are defined as follows: 

  

	 	•	 	 FYC on annual premium of individual life insurance plans, other than universal life. 

	 	•	 	 FYC on premium up to the commissionable target premium (CTP) for flexible premium universal life plans. 

	 	•	 	 Eligible FYC do not include the following: FYC on variable life plans, FYC on PAPOR, FYC on premium in excess of the commissionable premium
(CTP) for flexible premium universal life, including variable universal life or FYC on any product the company may from time to time exclude. 

	 	b.	Eligible FYC year-to-date include all of your eligible FYC which have been earned and paid during the current calendar year, including the current commission cycle.

  

	2.	Expense Allowance Payment (EAP) Calculation 

 The Company will calculate and pay EAP as a percentage of Eligible FYC for all business paid during the current calendar year as follows: 

 

			
	Eligible First Year Commissions YTD	  	Expense Allowance
	0-24,999	  	40%
	25,000-74,999	  	50%
	75,000-149,999	  	60%
	150,000 and greater	  	70%

 Each pay period, Phoenix will
calculate the expense allowance payment earned on a year-to-date basis per the above schedule, subtract expense allowance paid to date, and pay the balance due. 
 Eligible FYC shall be regarded as paid when the premium is entered as paid in the accounting records of the Company in its home office. 
 Your signature is acknowledgement of receipt and understanding of the compensation payments outlined in this Schedule. 

 

					
		 	 Hugh H. Stebbins / J.P. Turner & Co. LLC

		 	 
		 	 Producer Name
	  	
			
		 	 Hugh H. Stebbins
	  	 1-13-03

		 	 
		 	 Producer Signature
	  	Date
			
		 	 Dona D. Young
	  	APR 23 2003
		 	 
		 	 For Phoenix life Insurance Company

                
PRESIDENT
	  	Date

  

					
	[ILLEGIBLE]	  		  	4-01

 

 

 April 2008 
 GENERAL AMENDMENT 
 The Broker Dealer Contract (IP/BD Series) between You and Phoenix Life
Insurance Company (“Company”) is hereby amended as follows: 
  

	1.	Paragraph 2, Suitability/Insurable Interest is added to the Compliance and Sales Practice Provisions of the contract to read as follows: 

 

	 	2.	Suitability/Insurable Interest 

  

	 	A.	Suitability. You shall insure that each sale of Phoenix Products covered by this Agreement which is proposed or made directly by You is appropriate for and
suitable to the needs of the insured and the person or entity to whom You made the sale, at the time the sale is made, and suitable in accordance with Applicable Law governing suitability of insurance products. You will make best efforts to ensure
that each Subproducer/Employee is aware of his or her obligation that each sale of Phoenix products covered by this Agreement, which is proposed or made by a Subproducer/Employee, is appropriate for and suitable to the needs of the insured and the
person or entity to whom the Subproducer/Employee made the sale, at the time the sale is made, and suitable in accordance with Applicable Law governing suitability of insurance products. Prior to presentation of an application for Phoenix products
to an individual, You shall deliver and will make best efforts to ensure You deliver to the applicant any and all notices or other written documents required, either by Applicable Law or by Phoenix, for delivery at or prior to the time of
application, including, without limitation, any legally and Phoenix required suitability forms and any legally-required shoppers’ or buyers’ guide. The knowledge of or consent to the sale by the insured or the person or entity to whom the
Subproducer/Employee made the sale is not evidence of suitability. 

  

	 	B.	Insurable Interest. You shall not, and will make best efforts to ensure that each Subproducer/Employee is aware of his or her obligation to not, directly or
indirectly participate in a practice or plan to initiate a life insurance policy for the ultimate benefit of a third party who, at the time the life insurance policy is originated, has no insurable interest in the insured, the insured’s consent
to or knowledge of the insurance coverage notwithstanding. 

 In all other respects, the terms and conditions of the Independent
Producer Contract shall remain in full force and effect. 
 This notice amends your contract with the Company in accordance with its terms.
Please file this notice with your appropriate contract and compensation schedule. 
  

			
	One American Row	  	
	P.O. Box 5056	  	860 403 5000 Phone
	Hartford, CT 06102-5056	  	www.phoenixwm.com

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