WACHOVIA CORP NEW
EX-10(JJ) SPLIT-DOLLAR INSURANCE SPECIAL ELECTION
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<TYPE>EX-10.JJ
<SEQUENCE>8
<FILENAME>g87441exv10wjj.htm
<DESCRIPTION>EX-10(JJ) SPLIT-DOLLAR INSURANCE SPECIAL ELECTION
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<TITLE>Ex-10(jj) Split-Dollar Insurance Special Election</TITLE>
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<P align="right"><FONT size="2"><B>Exhibit (10)(jj)</B></FONT>

<P align="center"><FONT size="2"><B>SPLIT-DOLLAR INSURANCE SPECIAL ELECTION FORM</B>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I hereby make the election indicated below with respect to any
split-dollar life insurance arrangement between me and Wachovia Corporation or
any of its affiliates (&#147;Wachovia&#148;) (Multiple policies, if applicable, are all
included in this one election.)
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By making this election and signing below, I acknowledge that Wachovia is
not responsible and shall not be liable for the tax consequences of my election
or any resulting termination of a split-dollar arrangement. I am solely
responsible, and Wachovia has encouraged me to consult with my own professional
advisors. I understand that this is a binding agreement between Wachovia and

me and cannot be revoked. All authority conferred in this Special Election
Form will survive my death or incapacity, and this Special Election Form will
be binding on my heirs, assigns and other representatives or successors. I
understand that (i)&nbsp;there are material tax consequences of my election, (ii)&nbsp;I
have had the opportunity to discuss these consequences with my personal tax
advisor and (iii)&nbsp;none of Wachovia, its agents or employees have any liability
to me in respect of such tax consequences.
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<P align="left"><FONT size="2"><FONT face="Wingdings">&#111;</FONT> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>I hereby elect to terminate the split-dollar arrangements.</B>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I understand that by electing to terminate my split-dollar arrangements,
the Company will be entitled to recover any amounts owed it under the
arrangements. By making this election, I authorize Wachovia and its
representatives to take all actions necessary to effectuate the termination.
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<P align="center"><FONT size="2">(<I>For your election to be effective, this Special Election Form must be signed by the party to the split-dollar<BR>
arrangements, which may be a trust. By signing this form, you represent that you have the full power and authority<BR>
to terminate your split-dollar arrangements with Wachovia.)</I>
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    <TD valign="top"><FONT size="2">Signature:</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2">If a trust is a party to the split-dollar
arrangements, the trustee should sign below.</FONT></TD>
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<TD valign="top"><DIV style="margin-top:10px"><FONT size="2">/s/
Benjamin P. Jenkins, III</FONT><HR size="1" noshade></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
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    <TD valign="top"><FONT size="2">Benjamin P. Jenkins, III</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2">NAME OF TRUST: Wachovia Bank, NA Trustee of
The Benjamin P. Jenkins, III Irrevocable Life
Insurance Trust dated February&nbsp;8, 1995</FONT></TD>
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By:
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    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Thomas R. Harrison, Jr., Trustee<HR width="100%" size="1" noshade></FONT></TD>
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    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Thomas R. Harrison, Jr., VP, Trustee</FONT></TD>
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    <TD valign="top"><FONT size="2">Date: December&nbsp;4, 2003</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
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    <TD><FONT size="2">&nbsp;</FONT></TD>
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    <TD colspan="3" valign="top" align="left"><FONT size="2">Date: December&nbsp;4, 2003</FONT></TD>
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    <TD valign="top"><FONT size="2"><B>This form must be delivered by December&nbsp;8, 2003 to:</B></FONT></TD>
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Charles D. Loring</FONT></TD>
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Wachovia Corporation</FONT></TD>
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Executive Compensation</FONT></TD>
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ATTN: Urgent &#150; Split-Dollar Election</FONT></TD>
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301 South Tryon Street NC0951</FONT></TD>
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Charlotte, NC 28288-0951</FONT></TD>
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