Common use of Systematic Distribution Options Clause in Contracts

Systematic Distribution Options. GALIC may, from time to time, make one or more Systematic Distribution Options available during the Accumulation Period. When a Systematic Distribution Option is elected, GALIC will make automatic payments from the Contract Holder's Account. No Deferred Sales Charge or MVA will apply to the automatic payments made under a Systematic Distribution Option. Any Systematic Distribution Option will be subject to the following criteria:

Systematic Distribution Options. GALIC may, from time to time, make one or more Systematic Distribution Options available during the Accumulation Period. When a Systematic Distribution Option is elected, GALIC will make automatic payments from the Contract Certificate Holder's Account. No Deferred Sales Charge or MVA will apply to the automatic payments made under a Systematic Distribution Option. Any Systematic Distribution Option will be subject to the following criteria: