Common use of Fund to Provide Documents Clause in Contracts

Fund to Provide Documents. Upon request, the Adviser or the Fund will provide to Insurer one complete copy of SEC registration statements, Fund Prospectuses, reports, any preliminary and final proxy material, applications for exemptions, requests for no-action letters, and all amendments to any of the above, that relate to the Fund or its shares, contemporaneously with the filing of such document with the SEC or other regulatory authorities. The Adviser or its designee shall provide the Insurer with as much notice as is reasonably practicable of any proxy solicitation for a Portfolio (but in any event, such notice shall be provided at least forty-five days prior to the anticipated date of such solicitation), and of any material change in the Fund Prospectus or registration statement, particularly any change resulting in a change to the Separate Account Prospectus or registration statement relating to the Contracts. The Adviser or its designee shall also provide to the Insurer, within five Business Days after the end of a calendar month, the following information with respect to each Portfolio, each as of the last Business Day of such calendar month: the Portfolio’s ten largest portfolio holdings (based on percentage of the Portfolio’s net assets); the five industry sectors in which the Portfolio’s investments are most heavily weighted; the relative proportion of the Portfolio’s net assets invested in equity, bond, and cash instruments, respectively; the geographic regions in which the Portfolio’s investments are most heavily weighted; and year-to-date SEC standard performance data. In addition, the Adviser or its designee agrees to provide to the Insurer, within fifteen Business Days after the end of a calendar quarter, the following information with respect to each Portfolio, each as of the last Business Day of such quarter: a market commentary from the portfolio manager of such Portfolio; a complete list of the Portfolio’s portfolio holdings; and access to the portfolio manager of such Portfolio for the purposes of preparing audio and video tapes relating to the Portfolio’s management and performance. Also, the Adviser or its designee agrees to provide to the Insurer within fifteen Business Days after a request is submitted to the Adviser by the Insurer, the following information with respect to each Portfolio, each as of the date or dates specified in such request: net asset value; net asset value per Share; and other Share information. The Fund, the Adviser, and the Distributor acknowledge that such information may be furnished to the Insurer’s internal or independent auditors and to the insurance departments of the various jurisdictions in which the Insurer does business.

Fund to Provide Documents. Upon request, the Adviser or the Fund will provide to Insurer one complete copy of SEC registration statements, Fund Prospectuses, reports, any preliminary and final proxy material, applications for exemptions, requests for no-action letters, and all amendments to any of the above, that relate to the Fund or its shares, contemporaneously with the filing of such document with the SEC or other regulatory authorities. The Adviser or its designee shall provide the Insurer with as much notice as is reasonably practicable of any proxy solicitation for a Portfolio (but in any event, such notice shall be provided at least forty-five days prior to the anticipated date of such solicitation), and of any material change in the Fund Prospectus or registration statement, particularly any change resulting in a change to the Separate Account Prospectus or registration statement relating to the Contracts. The Adviser or its designee shall also provide to the Insurer, within five Business Days after the end of a calendar month, the following information with respect to each Portfolio, each as of the last Business Day of such calendar month: the Portfolio’s 's ten largest portfolio holdings (based on percentage of the Portfolio’s 's net assets); the five industry sectors in which the Portfolio’s 's investments are most heavily weighted; the relative proportion of the Portfolio’s 's net assets invested in equity, bond, and cash instruments, respectively; the geographic regions in which the Portfolio’s 's investments are most heavily weighted; and year-to-date SEC standard performance data. In addition, the Adviser or its designee agrees to provide to the Insurer, within fifteen Business Days after the end of a calendar quarter, the following information with respect to each Portfolio, each as of the last Business Day of such quarter: a market commentary from the portfolio manager of such Portfolio; a complete list of the Portfolio’s 's portfolio holdings; and access to the portfolio manager of such Portfolio for the purposes of preparing audio and video tapes relating to the Portfolio’s 's management and performance. Also, the Adviser or its designee agrees to provide to the Insurer within fifteen Business Days after a request is submitted to the Adviser by the Insurer, the following information with respect to each Portfolio, each as of the date or dates specified in such request: net asset value; net asset value per Share; and other Share information. The Fund, the Adviser, and the Distributor acknowledge that such information may be furnished to the Insurer’s 's internal or independent auditors and to the insurance departments of the various jurisdictions in which the Insurer does business.