Common use of Systematic Distribution Options Clause in Contracts

Systematic Distribution Options. Without further amendment of this Contract, the Company may, from time to time, establish and make available for election by the Contract Holder, one or more Systematic Distribution Options (SDO). When an SDO election is in effect as to any Contract, automatic withdrawals will be made from the Contract. No Surrender Fees will apply to any payments made under an SDO, however a GAA market value adjustment may apply (see 3.18(b)).

Systematic Distribution Options. Without further amendment of this Contract, the Company may, from time to time, establish and make available for election by the Contract Holder, one or more Systematic Distribution Options (SDO). When an SDO election is in effect as to any Contract, automatic withdrawals will be made from the Contract. No Surrender Fees will apply to any payments such automatic withdrawals made under an SDO, however a GAA market value adjustment may apply (see 3.18(b)3.17(b).

Systematic Distribution Options. Without further amendment of this Contract, the Company may, from time to time, establish and make available for election by the Contract HolderOwner, one or more Systematic Distribution Options (SDO). When an SDO election is in effect as to any Contract, automatic withdrawals will be made from the Contract. No Surrender Fees will apply to any payments made under an SDO, however a GAA market value adjustment may apply (see 3.18(b)).

Systematic Distribution Options. Without further amendment of this Contract, the Company may, from time to time, establish and make available for election by the Contract Holder, one or more Participant Account Systematic Distribution Options (SDO). When an SDO election is in effect as to any ContractParticipant Account, automatic withdrawals will be made from the ContractParticipant Account. No Surrender Fees will apply to any payments such automatic withdrawals made under an SDO, however a GAA market value adjustment may apply (see 3.18(b)).