Common use of Appointment of Company as Agent Clause in Contracts

Appointment of Company as Agent. Subject to and in accordance with the terms and procedures hereof, the Company is hereby appointed as the agent of AGIS,, and the Company hereby accepts such appointment, for the limited purpose of treating instructions received by the Company from Contract owners as to the allocation of Contract purchase payments, Contract transfers and Contract surrenders (to the extent such instructions would result in the purchase or redemption of Alliance Fund shares by the Company) ("Instructions") as receipt by AGIS of purchase and redemption orders for shares of the Funds. Notwithstanding the Company's appointment hereunder as the agent of AGIS for the sole purpose of receiving Instructions for the purchase and redemption by the Company and its Accounts of shares of the Alliance Funds, the Company shall not be, nor hold itself out to the public or engage in any activity as, an agent for AGIS or the Alliance Funds in respect of or in connection with the distribution or marketing of shares of the Funds. It is acknowledged and agreed by the parties that the availability of shares of any Alliance Fund shall be subject to such Fund's then current prospectus and Statement of Additional Information, federal and state securities laws and applicable rules and regulations of the Securities and Exchange Commission (the "SEC") and the National Association of Securities Dealers, Inc. (the "NASD").

Appointment of Company as Agent. Subject to and in accordance with the terms and procedures hereof, the Company is hereby appointed as the agent of AGIS,the Transfer Agent, and the Company hereby accepts such appointment, for the limited purpose of treating instructions received by the Company from Contract owners as to the allocation of Contract purchase payments, Contract transfers and Contract surrenders (to the extent such instructions would result in the purchase or redemption of Alliance Fund shares by the Company) ("Instructions") as receipt by AGIS the Transfer Agent of purchase and redemption orders for shares of the Fundseach Fund. Notwithstanding the Company's appointment hereunder as the agent of AGIS the Transfer Agent for the sole purpose of receiving Instructions for the purchase and redemption by the Company and its Accounts of shares of the Alliance FundsFund shares, the Company shall not be, nor hold itself out to the public or engage in any activity as, an agent for AGIS or the Alliance Funds Transfer Agent in respect of or in connection with the distribution or marketing of shares of the Funds. It is acknowledged and agreed by the parties that the availability of shares of any Alliance Fund shall be subject to such Fund's then current prospectus and Statement of Additional Information, federal and state securities laws and applicable rules and regulations of the Securities and Exchange Commission (the "SEC") and the National Association of Securities Dealers, Inc. (the "NASD").

Appointment of Company as Agent. Subject to and in accordance with the terms and procedures hereof, the Company is hereby appointed as the agent of AGIS,Vanguard, and the Company hereby accepts such appointment, for the limited purpose of treating instructions received by the Company from Contract owners as to the allocation of Contract purchase payments, Contract transfers and Contract surrenders (to the extent such instructions would result in the purchase or redemption of Alliance Fund shares by the Company) ("Instructions") as receipt by AGIS Vanguard of purchase and redemption orders for shares of the Funds. Notwithstanding the Company's appointment hereunder as the agent of AGIS Vanguard for the sole purpose of receiving Instructions for the purchase and redemption by the Company and its Accounts of shares of the Alliance Funds, the Company shall not be, nor hold itself out to the public or engage in any activity as, an agent for AGIS or the Alliance Funds Vanguard in respect of or in connection with the distribution or marketing of shares of the Funds. It is acknowledged and agreed by the parties that the availability of shares of any Alliance Fund shall be subject to such Fund's then current prospectus and Statement of Additional Information, federal and state securities laws and applicable rules and regulations of the Securities and Exchange Commission (the "SEC") and the National Association of Securities Dealers, Inc. (the "NASD").