EX-99.3A2 2 d291374dex993a2.htm SCHEDULE I TO THE SALES SUPPORT AGREEMENT Schedule I to the Sales Support Agreement

Schedule I

To

Sales Support Agreement

Effective January 1, 2012

Compensation Payable by The Penn Mutual Life Insurance Company

to

Hornor Townsend & Kent, Inc.

Pursuant to Section 3 of the Sales Support Agreement

 

 

Compensation paid on Individual Variable Annuity Contracts

With respect to Individual Annuity Contracts sold by designated Penn Mutual agent who are registered representatives of Hornor Townsend & Kent and contracted through Penn Mutual, shall pay as follows:

 

First Year Purchase Payments       

Fee per Contract

    $ 20   

Premium Percentage

      0.325 % 
Subsequent Purchase Payments       

Fee per Contract

    $ 1.50   

Premium Percentage

      0.30 % 

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their officers designated below as of the day and year written above.

 

The Penn Mutual Insurance Company
/s/ Timothy Demetres
Timothy Demetres
Vice President & Chief Accounting Officer
Hornor Townsend & Kent, Inc.

/s/ Michelle Barry

Michelle Barry
President & CEO