Common use of Transfer Provisions Clause in Contracts

Transfer Provisions. Prior to the Annuity Date, You may transfer all or part of Your Contract Value to any of the Subaccounts or Fixed Account Options subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount or Fixed Account Option are subject to Company limits. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to the Annuity Date, You may transfer all or a portion of Your Contract Value between Subaccounts. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Value from one Subaccount to another Subaccount. A transfer will result in the purchase of Annuity Units in a Subaccount and the redemption of Annuity Units in the other Subaccount. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior to the Annuity Date, You may transfer all or part of Your Contract Certificate Value to any of the Subaccounts or Fixed Account Options subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount or Fixed Account Option are subject to Company limits. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value between Subaccounts. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value from one Subaccount to another Subaccount. A transfer will result in the purchase of Annuity Units in a Subaccount and the redemption of Annuity Units in the other Subaccount. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Certificate Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) of the ContractCertificate. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior Subject to the Annuity Dateapplicable restrictions, You may transfer all or of part of Your Contract Value to any of amont the Subaccounts or Variable Portfolios and/or available Fixed Account Options subject to certain restrictions(unless otherwise noted). The minimum amount that can be transferred is $100 and the amount that can remain in a Variable Portfolio or available Fixed Account Option is $500. We reserve the right to charge a fee fee, as shown on the Contract Data Page, for transfers if the number of transfers exceeds a limit of fifteen (15) in any Contract Year. Automatic asset rebalancing and/or transfers arising out of the limit specified by UsDCA program are not counted against the 15 allowable free transfers. The minimum amount We further reserve the right to restrict Your transfer privileges, including but not limited to possible termination of those privileges in our sole discretion. Furthermore, the Underlying Funds, may have their own transfer policies that can be transferred and are applicable to this Contract as a result of investment in the amount Variable Portfolios. These policies, likewise may include termination of Your transfer privileges and/or penalty fees resulting from transfer activity that can remain in a Subaccount or Fixed Account Option are subject is defined as excessive according to Company limitsthe Underlying Funds’ policies. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to Before the Annuity Date, You may transfer all or a portion of Your Contract Value between Subaccountstransfers are subject to certain restrictions. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Value from one Subaccount Variable Portfolio to another SubaccountVariable Portfolio(s) or any available Fixed Account Option(s), other than the DCA Account Options. You may also transfer from any available Fixed Account Option(s) to the Variable Portfolio(s) and/or any available Fixed Account Option(s) of the Contract. A transfer will result in the purchase redemption of Annuity Accumulation Units in a Subaccount Variable Portfolio and the purchase of Accumulation Units in the other Variable Portfolio. Transfers will be effected at the end of the NYSE business day in which We receive Your completed request for the transfer. On and after the Annuity Date, transfers into and out of any available Fixed Account Option(s) are not allowed. You may transfer all or a portion of Your Contract Value from one Variable Portfolio to another Variable Portfolio(s). A transfer will result in the redemption of Annuity Units in a Variable Portfolio and the purchase of Annuity Units in the other SubaccountVariable Portfolio. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior Transfers Between Sub-accounts - Before the Annuity Date, the Owner may transfer all or any portion of the Account Value to one or more Sub-accounts of the Variable Account, subject to the provisions described below. Transfer Allocation - Transfers will generally be effective as of the date the request for the transfer, in a form and manner acceptable to us, is received at our Service Center. The transfer request must specify: (a) the Sub-account(s) from which the transfer is to be made; (b) the amount of the transfer, subject to the minimum transfer amount described below; and (c) the Sub-account(s) to receive the transferred amount. Minimum Transfer Amount - The minimum amount that may be transferred is the lesser of $1,000, or the entire value of the Sub-account from which the transfer is being made. Transfer Limitations - The Owner may make any number of transfers prior to the Annuity Date. However, You may each transfer all or part in excess of Your ten during any Contract Value Year will be subject to any a Transfer Fee, as described on Page 12. If a transfer amount reduces the value of the Subaccounts or Fixed Account Options subject Sub-account from which the transfer was made to certain restrictions. We less than $1,000, we reserve the right to charge a fee for transfers if transfer the remaining value in that Sub-account in accordance with the transfer instructions provided by the Owner. We also reserve the right to limit the number of transfers exceeds made during any Contract Year. Effect on Variable Accumulation Units - Transfers within the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount or Fixed Variable Account Option are subject to Company limits. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to the Annuity Date, You may transfer all or a portion of Your Contract Value between Subaccounts. A transfer will result in the purchase and/or cancellation of Variable Accumulation Units in having a Subaccount and total value equal to the redemption dollar amount being transferred to or from a particular Sub-account. The purchase and/or cancellation of Accumulation Units in such units generally shall be made using the other Subaccount. Transfers will be effected at the next computed Variable Accumulation Unit Value following Our receipt value of Your request for transferthe applicable Sub-account on the Valuation Day on which the transfer is effective. Accumulation Unit Values are calculated at the close of each NYSE business day. After Partial Withdrawals - Before the Annuity Date, You the Owner may transfer all or withdraw a portion of Your Contract the Account Value for cash, subject to any withdrawal limitations imposed under any applicable federal or state law, rules or regulations, and further subject to the provisions described below. Withdrawal Allocation - Withdrawals will generally be processed as of the date the request for the withdrawal, in a form and manner acceptable to us, is received at our Service Center. The withdrawal request must specify the amount of the withdrawal or the percentage of value to be withdrawn from one Subaccount each Sub-account, subject to another Subaccountthe minimum withdrawal amount described below. A transfer The Owner may direct a withdrawal to be made from a specific Sub-account or taken pro rata from all Sub-accounts. If the Owner does not specify the Sub-account(s) from which the withdrawal is to be made, the withdrawal will be taken pro rata from all Sub-accounts with current values. Minimum Withdrawal Amount - The minimum amount that may be withdrawn is the lesser of $1,000, or the entire value of the Sub-account from which the withdrawal is being made. Withdrawal Limitations - The Owner may make any number of withdrawals prior to the Annuity Date. If the requested withdrawal reduces the value of the Sub-account from which the withdrawal was made to less than $1,000, we reserve the right not to allow the withdrawal. We will further notify the Owner if the requested withdrawal would reduce the Account Value to less than $2,000. The Owner will have 10 days from the date our notice is given or mailed to: (a) withdraw a lesser amount (subject to a minimum withdrawal amount of $1,000), leaving an Account Value of at least $2,000; or (b) surrender the contract for its Cash Value. If, after the expiration of the 10 day period, no election is received by us from the Owner, the withdrawal request will be considered null and void, and no withdrawal will be processed. Effect on Variable Accumulation Units - Withdrawals from the Variable Account will result in the purchase cancellation of Annuity Variable Accumulation Units in having a Subaccount and total value equal to the redemption dollar amount being withdrawn from a particular Sub-account. The cancellation of Annuity Units in such units generally shall be made using the other Subaccount. Transfers will be effected for the last NYSE business day Variable Accumulation Unit value of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) applicable Sub-account as of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out end of the Fixed Account Option(s) are not allowedValuation Day on which the withdrawal is processed.

Transfer Provisions. Prior to the Annuity Date, You may transfer all or part of Your Contract Certificate Value to any of the Subaccounts or the Fixed Account Options subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount or a Fixed Account Option are subject to Company limits. If this Certificate is issued in connection with an ERISA Plan, the availability of certain Subaccounts or Fixed Account Options may be limited by the provisions of the ERISA Plan as certified by the Plan Administrator to Us. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value between Subaccounts. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value from one Subaccount to another Subaccount. A transfer will result in the purchase of Annuity Units in a Subaccount and the redemption of Annuity Units in the other Subaccount. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT OPTION(S) Prior to the Annuity Date, You may transfer all or any part of Your Contract Certificate Value from the Subaccount(s) to the any Fixed Account Option(s) other than the DCA Fixed Account Options or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA programCertificate. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior Subject to the Annuity Dateapplicable restrictions, You may transfer all or part of Your Contract Value to any of amongst the Subaccounts or Variable Portfolios and/or available Fixed Account Options subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by UsOption(s) (unless otherwise noted). The minimum amount that can be transferred and the amount that can remain in a Subaccount or Variable Portfolio and/or available Fixed Account Option are subject to Company limits. We reserve the right to restrict Your transfer privileges, including but not limited to possible termination of those privileges. Furthermore, the Underlying Funds, may have their own transfer policies that are applicable to this Contract as a result of investment in the Variable Portfolios. These policies, likewise, may include termination of Your transfer privileges and/or penalty fees resulting from transfer activity that is defined as excessive according to the Underlying Funds' policies. TRANSFERS OF ACCUMULATION AND BEFORE THE ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to DATE Before the Annuity Date, You may transfer all or a portion of Your Contract Value between Subaccountstransfers are subject to certain restrictions. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Value from one Subaccount Variable Portfolio to another SubaccountVariable Portfolio(s) or any available Fixed Account Option(s) other than the DCA Fixed Account Options. You may also transfer from any available Fixed Account Option(s) to the Variable Portfolio(s) and/or any available Fixed Account Option(s) of the Contract. A transfer will result in the purchase redemption of Annuity Accumulation Units in a Subaccount Variable Portfolio and the purchase of Accumulation Units in the other Variable Portfolio. Transfers will be effected at the end of the NYSE business day in which We receive Your completed request for the transfer. TRANSFERS AFTER THE ANNUITY DATE On and after the Annuity Date, transfers into and out of any available Fixed Account Option(s) are not allowed. You may transfer all or a portion of Your Annuity Units from one Variable Portfolio to another Variable Portfolio(s). A transfer will result in the redemption of Annuity Units in a Variable Portfolio and the purchase of Annuity Units in the other SubaccountVariable Portfolio. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior to the Annuity Date, You may transfer all or part of Your Contract Certificate Value to any of the Subaccounts Variable Portfolios or Fixed Account Options subject to certain restrictionsOptions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount Variable Portfolio or Fixed Account Option are subject to Company limits. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS VARIABLE PORTFOLIOS Prior to the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value between SubaccountsVariable Portfolios. A transfer will result in the purchase redemption of Accumulation Units in a Subaccount Variable Portfolio and the redemption purchase of Accumulation Units in the other SubaccountVariable Portfolio. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Certificate Value from one Subaccount Variable Portfolio to another SubaccountVariable Portfolio. A transfer will result in the purchase redemption of Annuity Units in a Subaccount Variable Portfolio and the redemption purchase of Annuity Units in the other SubaccountVariable Portfolio. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS TO AND FROM THE FIXED ACCOUNT OPTIONS Prior to the Annuity Date, You may transfer all or any part of Your Contract Certificate Value from the Subaccount(sVariable Portfolio(s) to the any Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(sVariable Portfolio(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.

Transfer Provisions. Prior Subject to the Annuity Dateapplicable restrictions, You may transfer all or of part of Your Contract Value to any of amongst the Subaccounts or Variable Portfolios and/or available Fixed Account Options subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us(unless otherwise noted). The minimum amount that can be transferred and the amount that can remain in a Subaccount or Variable Portfolio and/or available Fixed Account Option are subject to Company limits. We further reserve the right to restrict Your transfer privileges, including but not limited to possible termination of those privileges in our sole discretion. Furthermore, the Underlying Funds, may have their own transfer policies that are applicable to this Contract as a result of investment in the Variable Portfolios. These policies, likewise may include termination of Your transfer privileges and/or penalty fees resulting from transfer activity that is defined as excessive according to the Underlying Funds' policies. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to VARIABLE PORTFOLIOS AND FIXED ACCOUNTS Before the Annuity Date, You may transfer all or a portion of Your Contract Value between Subaccountstransfers are subject to certain restrictions. A transfer will result in the purchase of Accumulation Units in a Subaccount and the redemption of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Contract Value from one Subaccount Variable Portfolio to another SubaccountVariable Portfolio(s) or any available Fixed Account Option(s) other than the DCA Fixed Account Options. You may also transfer from any available Fixed Account Option(s) to the Variable Portfolio(s) and/or any available Fixed Account Option(s) of the Contract. A transfer will result in the purchase redemption of Annuity Accumulation Units in a Subaccount Variable Portfolio and the purchase of Accumulation Units in the other Variable Portfolio. Transfers will be effected at the end of the NYSE business day in which We receive Your completed request for the transfer. TRANSFERS OF ANNUITY UNITS BETWEEN VARIABLE PORTFOLIOS On and after the Annuity Date, transfers into and out of any available Fixed Account Option(s) are not allowed. You may transfer all or a portion of Your Contract Value from one Variable Portfolio to another Variable Portfolio(s). A transfer will result in the redemption of Annuity Units in a Variable Portfolio and the purchase of Annuity Units in the other SubaccountVariable Portfolio. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT Prior to the Annuity Date, You may transfer all or any part of Your Contract Value from the Subaccount(s) to the Fixed Account Option(s) or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. However, You may only transfer to the 1-Year DCA Fixed Account Option if You are participating in the DCA program. After the Annuity Date, transfers into or out of the Fixed Account Option(s) are not allowed.