MARTIN & COMPANY, L.P.
Two Centre Square, Suite 200
625 Gay Street
Knoxville, Tennessee 37902
This agreement is made by and between Martin & Company, L.P., a Tennessee Limited partnership ("Martin &
Co.") and American Life and Annuity Company ("Client").
Martin & Co. and Client agree as follows:
1. SERVICES. Client wishes to retain the services of Martin & Co. to render investment advisory in the
supervision and management of the assets in its investment account, and Martin & Co. wishes to render such
services to Client.
2. CUSTODIAN. Client will place the account in the possession of such custodian(s) as Client may from time to
time designate. Martin & Co. will not have, at any time, possession of any of Client's investment account assets,
whether they be securities, cash or other assets.
3. AUTHORITY TO MANAGE AND SUPERVISE INVESTMENT ACCOUNT ASSETS. Client authorizes
Martin & Co., from time to time and in its sole discretion, to direct the custodian and brokers to sell, purchase,
invest, reinvest, exchange, retain, deposit or otherwise trade in or dispose of Client's investment account assets
and such authority shall specifically extend to Option Contracts. Martin & Co. is further authorized to direct the
manner, method, time, and place of such trading and disposition. This agreement shall serve as client's consent
and authority for all such action or nonaction taken in the discretion of Martin & Co. and Client's authorization
that Martin & Co. and Client's authorization that Martin & Co. may deal with Client's account assets without
seeking further consent from Client. Client's investment account assets shall include all income and proceeds from
and additions to such assets.
4. USE OF BROKER'S SERVICES. Client understands that certain brokerage firms will furnish securities
research and statistical information to Martin & Co. and that Martin & Co. will place some of its securities
brokerage transactions with such firms. Subject to Martin & C