REGAN HOLDING CORP - FORM 10-K/A - EX-10 - EXHIBIT 10(V)1 - October 19, 2009

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10-K/A - ANNUAL REPORT AMENDMENT #2 - REGAN HOLDING CORPp20678form10ka.htm
EX-10 - EXHIBIT 10(T) - REGAN HOLDING CORPp20678ex10t.htm
EX-10 - EXHIBIT 10(U) - REGAN HOLDING CORPp20678ex10u.htm
EX-10 - EXHIBIT 10(Q) - REGAN HOLDING CORPp20678ex10q.htm
EX-10 - EXHIBIT 10(V) - REGAN HOLDING CORPp20678ex10v.htm
EX-32 - EXHIBIT 32.2 - REGAN HOLDING CORPp20678ex322.htm
EX-31 - EXHIBIT 31.1 - REGAN HOLDING CORPp20678ex311.htm
EX-31 - EXHIBIT 31.2 - REGAN HOLDING CORPp20678ex312.htm
EX-10 - EXHIBIT 10(S) - REGAN HOLDING CORPp20678ex10s.htm
EX-32 - EXHIBIT 32.1 - REGAN HOLDING CORPp20678ex321.htm
EX-10 - EXHIBIT 10(Q)1 - REGAN HOLDING CORPp20678ex10q1.htm
EX-10 - EXHIBIT 10(Q)3 - REGAN HOLDING CORPp20678ex10q3.htm
EX-10 - EXHIBIT 10(P)4 - REGAN HOLDING CORPp20678ex10p4.htm
EX-10 - EXHIBIT 10(Q)2 - REGAN HOLDING CORPp20678ex10q2.htm
EX-10 - EXHIBIT 10(V)2 - REGAN HOLDING CORPp20678ex10v2.htm
EX-10 - EXHIBIT 10(O)2 - REGAN HOLDING CORPp20678ex10o2.htm
EX-10 - EXHIBIT 10(O)1 - REGAN HOLDING CORPp20678ex10o1.htm
EX-10 - EXHIBIT 10(R)1 - REGAN HOLDING CORPp20678ex10r1.htm
EX-10 - EXHIBIT 10(P)3 - REGAN HOLDING CORPp20678ex10p3.htm
EX-10 - EXHIBIT 10(P)2 - REGAN HOLDING CORPp20678ex10p2.htm
EX-21 - EXHIBIT 21 - REGAN HOLDING CORPp20678ex21.htm
EX-10 - EXHIBIT 10(R) - REGAN HOLDING CORPrevisedp20678ex10r.htm

Exhibit 10(v)(1)


WORK ORDER ONE

TO

THE MARKETING AGREEMENT

WITH CONSECO MARKETING, LLC,

(WASHINGTON NATIONAL INSURANCE COMPANY) (15)



1.

Effective Date of Work Order


This Work Order is executed pursuant to Section 2.1 of the Marketing  Agreement between Legacy Marketing Group (“Legacy”) and Conseco Marketing, LLC (“Conseco”).


This Work Order will be effective as of May 1, 2006.


2.

Product


Upon execution of this Work Order by Legacy and Conseco, the RewardMark Series flexible premium deferred annuities,


RewardMark

Form No. WNIC-PEIA-1205-0

RewardMark 4%

Form No. WNIC-PEIA-1205-4

RewardMark 8%

Form No. WNIC-PEIA-1205-8


as described in the Product Specifications attached to this Work Order No. 1, as Exhibit A, to be issued by Conseco affiliate, Washington National Insurance Company (“WNIC”), will be Proprietary Products and will be placed on the Proprietary Products List, as provided in Section 2.2 of the Marketing Agreement.


3.

Marketing Allowance and Commissions


The marketing allowance and commissions for each RewardMark Series flexible premium deferred annuity will be as described in Exhibit A, except for changes to the marketing allowance as provided in Section 4 of this Work Order.  


4.

Changes to Marketing Allowance


The provisions of Exhibit A for the marketing allowance are amended as follows:


A.

For RewardMark 8% (Form No. WNIC-PEIA-1205-8) sold from May 1, 2006 through July 31, 2006, (the “Promotional Period”), the *% reduction in the marketing allowance, as referenced on page 42 of Exhibit A, is eliminated.


B.

The marketing allowance payable to Legacy for sales of all RewardMark Series policies (and for any other products for which future work orders are executed)



*Confidential information omitted and filed separately with the SEC.

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will be reduced by * basis points (*) until total new annualized premium (NAP) from sales of all Conseco policies by Legacy reaches $*.  


C.

If NAP from sales of Conseco products by Legacy falls below $* for any * consecutive calendar months starting with August 2006, the parties will mutually agree to further reduce the marketing allowance on future sales of Conseco products.  



LEGACY MARKETING GROUP

CONSECO MARKETING, LLC



By: /s/ R. Preston Pitts

By: /s/ Michael J. Dubes


Title: President

Title: President


Date: June 26, 2006

Date: June 26, 2006




*Confidential information omitted and filed separately with the SEC.

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