Death of the Sample Clauses

Death of the. Contract Owner -- Distribution to be made in a manner consistent with the "Death of Contract Owner" provisions of this Contract.

Death of the. Dealer Principal named in the Dealer Ownership and Management Exhibit will result in the immediate termination of this agreement unless the provisions of Article 8.2 apply. [LAND ROVER LOGO]

Death of the. OWNER WHO IS NOT THE ANNUITANT PRIOR TO THE ANNUITY STARTING DATE Upon the death of any Owner, who is not the same as the Annuitant, the account value of the Net Single Premium Payment must be paid by the end of the calendar year containing the fifth anniversary of that Owner's death. However, each person who is or becomes an Owner in accordance with the Rights of Succession (Article 6, section 6.01) may elect to have the entire interest paid over his or her lifetime or over a period not exceeding his or her life expectancy. Payments are to begin on or before the end of the calendar year immediately following the year in which the Owner or Joint Owner died. Refer to Lifetime Income Payout Option (Article 6, section 6.10) for additional restrictions on Lifetime Only Payout Options.

Death of the. Dealer Principal named in the Dealer Ownership and Management Exhibit will result in the immediate termination of this agreement unless the provisions of Article 8.2 apply. </TABLE> 12 [LAND ROVER LOGO] <PAGE> <TABLE> <CAPTION> ARTICLE 13 - EFFECTS OF TERMINATION --------------------------------------------------------------------------------------------------------- <S> <C> CESSATION 13.1 Upon receipt of Company's notice of termination, or the mailing of Dealer's notice of termination to Company, or upon expiration of the term of this Agreement without renewal, Dealer will immediately cease to be, or act as an authorized dealer of Land Rover Products, will no longer make use of any Land Rover trademark and will immediately remove all signs, displays, etc., advertising itself as such. NON-USE OF LAND ROVER IDENTIFICATION 13.2 Dealer will inventory, package and ship all Land Rover books, manuals, etc., to Company at Dealer's expense and will destroy any and all Dealer letterhead, business cards, business forms, etc., indicating Dealer's previous status as a Dealer of Land Rover Products. OUTSTANDING ORDERS 13.3 The Company may cancel any unfilled orders for Land Rover Products upon its receipt of Dealer's notice of termination even if previously accepted by Company. The Company may, at its sole option, accept orders or conduct business with Dealer after the effective date of termination. All such orders or business operations will be under the same terms and conditions as this Agreement. The conduct of any business after termination or expiration shall not serve as a waiver or modification of the termination, or serve to extend the term of this Agreement. REPURCHASE 13.4 Company, subject to Dealer fulfilling its obligations under this Article 13, will repurchase from Dealer: (a) all current model, new, unused, undamaged Land Rover Vehicles at the net cost of that vehicle to the Dealer less the cost of freight, insurance, etc., or transfer the subject vehicle(s) to Company or another dealer; (b) all current, new, properly packaged and itemized Land Rover Parts and Accessories at Dealer's net cost of the item(s), less freight, insurance, etc., to Company's warehouse and less a restocking charge of twenty percent (20%); (c) special tools, equipment and signs for Land Rover Products properly maintained in good working order and repair, less than five (5) years old at Dealer's cost less straight line depreciation of five (5) years useful life. TRANSFER OF TITLE ...