CHANGES BY PRUDENTIAL. We may change this Contract if we, in Our discretion, deem it appropriate to conform to the requirements of any law or regulation. We reserve the right to periodically update the annuity purchase rates. No modifications or amendments to this Contract may affect the terms of any annuity purchased prior to the effective date of the modification or amendment. The annuity purchase rates will not be modified or amended (i) during the first year that the Contract is in effect, or (ii) more than once in any 12 month period; and (iii) may not be less favorable to You than the annuity purchase rates We offer to any other Contractholder in the same class as this Contract.
Appears in 2 contracts
Sources: Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account), Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account)