Common use of EXPENSE ALLOCATIONS Clause in Contracts

EXPENSE ALLOCATIONS. (a) The Fund will pay the cost of keeping its registration of shares under the Securities Act of 1933, as amended (the "1933 Act") and its registration as a management investment company under the 1940 Act, current and effective. USL will pay the cost of registering the Separate Account as a unit investment trust under the 1940 Act and registering units of interest under the Policies under the 1933 Act and keeping such registrations current and effective. (b) At least annually, the Fund or its designee shall provide USL with the current prospectus, statement of additional information and any supplements thereto for the shares of the Series in the form of "camera ready" copy as set in type or, at the request of USL, as a diskette in the form sent to the financial printer. The prospectuses provided by the Fund shall be limited to only those Series of the Fund that are made available through the Separate Account to serve as underlying investments. The Fund shall be responsible for providing the prospectus and/or statement of additional information in the format (i.e., "camera ready" or diskette) in which it is accustomed to formatting prospectuses and/or statements of additional information and shall bear the expense of providing the prospectus and/or statement of additional information, and any supplements thereto, in such format (e.g. typesetting expenses), and USL shall bear the expense of adjusting or changing the format to conform with any of its prospectuses and/or statements of additional information. At USL's option and expense, once a year (or more frequently if the prospectus and/or statement of additional information for the shares is supplemented or amended), USL may cause the Fund's prospectus and/or statement of additional information to be printed separately and/or together in one document with the prospectus and/or statement of additional information for other investment companies and/or for the Policies. USL shall be responsible for the costs of printing the Fund's prospectus and/or statement of additional information, either separately or in combination as aforesaid, and distribution to existing Policy owners whose Policies are funded by such shares and to prospective purchasers of Policies; provided that the Fund shall be responsible for one-half of the cost of printing the Fund's prospectus in a quantity sufficient to provide each existing Policy owner with a copy. (c) The Fund and USL will each bear one-half of the costs of preparing, filing with the SEC and setting for printing the Fund's periodic reports to shareholders, the Fund proxy material and other shareholder communications (collectively "Fund Reports") provided to existing owners under the Policies (collectively, "Participants") and USL will bear the costs of delivering the Fund Reports to Participants. (d) USL will bear the costs of preparing, filing with the SEC, setting for printing, printing and delivering to Participants the Separate Account's prospectus, statement of additional information and any supplements thereto (collectively, the "Separate Account Prospectus"), periodic reports to Participants, voting instruction solicitation material, and other Participant communications.

EXPENSE ALLOCATIONS. (a) The Fund will pay the cost of keeping its registration of shares under the Securities Act of 1933, as amended (the "1933 Act") and its registration as a management investment company under the 1940 Act, current and effective. USL AGL will pay the cost of registering the Separate Account as a unit investment trust under the 1940 Act and registering units of interest under the Policies under the 1933 Act and keeping such registrations current and effective. (b) At least annually, the Fund or its designee shall provide USL AGL with the current prospectus, statement of additional information and any supplements thereto for the shares of the Series in the form of "camera ready" copy as set in type or, at the request of USLAGL, as a diskette in the form sent to the financial printer. The prospectuses provided by the Fund shall be limited to only those Series of the Fund that are made available through the Separate Account to serve as underlying investments. The Fund shall be responsible for providing the prospectus and/or statement of additional information in the format (i.e., "camera ready" or diskette) in which it is accustomed to formatting prospectuses and/or statements of additional information and shall bear the expense of providing the prospectus and/or statement of additional information, and any supplements thereto, in such format (e.g. typesetting expenses), and USL AGL shall bear the expense of adjusting or changing the format to conform with any of its prospectuses and/or statements of additional information. At USLAGL's option and expense, once a year (or more frequently if the prospectus and/or statement of additional information for the shares is supplemented or amended), USL AGL may cause the Fund's prospectus and/or statement of additional information to be printed separately and/or together in one document with the prospectus and/or statement of additional information for other investment companies and/or for the Policies. USL AGL shall be responsible for the costs of printing the Fund's prospectus and/or statement of additional information, either separately or in combination as aforesaid, and distribution to existing Policy owners whose Policies are funded by such shares and to prospective purchasers of Policies; provided that the Fund shall be responsible for one-half of the cost of printing the Fund's prospectus in a quantity sufficient to provide each existing Policy owner with a copy. (c) The Fund and USL will each bear one-half of the costs of preparing, filing with the SEC and setting for printing the Fund's periodic reports to shareholders, the Fund proxy material and other shareholder communications (collectively "Fund Reports") provided and AGL will bear the costs delivering the Fund Reports to existing owners under the Policies (collectively, "Participants") and USL will bear the costs of delivering the Fund Reports to Participants). (d) USL AGL will bear the costs of preparing, filing with the SEC, setting for printing, printing and delivering to Participants the Separate Account's prospectus, statement of additional information and any supplements thereto (collectively, the "Separate Account Prospectus"), periodic reports to Participants, voting instruction solicitation material, and other Participant communications.

EXPENSE ALLOCATIONS. (a) The Fund will pay the cost of keeping its registration of shares under the Securities Act of 1933, as amended (the "1933 Act") and its registration as a management investment company under the 1940 Act, current and effective. USL AGL will pay the cost of registering the Separate Account as a unit investment trust under the 1940 Act and registering units of interest under the Policies under the 1933 Act and keeping such registrations current and effective. (b) At least annually, the Fund or its designee shall provide USL AGL with the current prospectus, statement of additional information and any supplements thereto for the shares of the Series in the form of "camera ready" copy as set in type or, at the request of USLAGL, as a diskette in the form sent to the financial printer. The prospectuses provided by the Fund shall be limited to only those Series of the Fund that are made available through the Separate Account to serve as underlying investments. The Fund shall be responsible for providing the prospectus and/or statement of additional information in the format (i.e., "camera ready" or diskette) in which it is accustomed to formatting prospectuses and/or statements of additional information and information. The Distributor shall bear the expense of providing the prospectus and/or statement of additional information, and any supplements thereto, in such format (e.g. typesetting expenses), and USL AGL shall bear the expense of adjusting or changing the format to conform with any of its prospectuses and/or statements of additional information. At USLAGL's option and expense, once a year (or more frequently if the prospectus and/or statement of additional information for the shares is supplemented or amended), USL AGL may cause the Fund's prospectus and/or statement of additional information to be printed separately and/or together in one document with the prospectus and/or statement of additional information for other investment companies and/or for the Policies. USL AGL shall be responsible for the costs of printing the Fund's prospectus and/or statement of additional information, either separately or in combination as aforesaid, and distribution to existing Policy owners whose Policies are funded by such shares and to prospective purchasers of Policies; provided that the Fund shall be responsible for one-half of the cost of printing the Fund's prospectus in a quantity sufficient to provide each existing Policy owner with a copy. (c) The Fund and USL AGL will each bear one-half of the costs of preparing, filing with the SEC and setting for printing the Fund's periodic reports to shareholders, the Fund proxy material and other shareholder communications (collectively "Fund Reports") provided to existing owners under the Policies (collectively, "Participants") and USL AGL will bear the costs of delivering the Fund Reports to Participants. (d) USL AGL will bear the costs of preparing, filing with the SEC, setting for printing, printing and delivering to Participants the Separate Account's prospectus, statement of additional information and any supplements thereto (collectively, the "Separate Account Prospectus"), periodic reports to Participants, voting instruction solicitation material, and other Participant communications.