Common use of Transfer Period Clause in Contracts

Transfer Period. After the first Contract Anniversary, the 5 Calendar Days following a Term Start Date for each applicable Shield Option and/or the start of an Interest Rate Term for the Fixed Account. During the Transfer Period following a Term End Date, the Interim Value for each applicable Shield Option equals the Investment Amount. Minimum Withdrawal: $500.00 or $100.00 for automated withdrawal programs Minimum Account Value which must remain in the Contract after a withdrawal: $2,000.00