Common use of TRANSFERS BETWEEN FIXED OPTIONS AND VARIABLE OPTIONS Clause in Contracts

TRANSFERS BETWEEN FIXED OPTIONS AND VARIABLE OPTIONS. Transfers – After your initial Net Premium has been allocated according to your instructions you may, upon Written Request, transfer your Fixed and Variable Account Value, or a part of it, among the Fixed Options and Variable Options as provided in this section. No transfer may be made if the Policy is in a Grace Period and the required premium has not been paid. Contact us to find out what restrictions are in effect at any time on transfers described in this section. We reserve the right to: · Limit the size of transfers so that each transfer is at least equal to the Minimum Transfer Amount, shown in the Policy Specifications; · Limit the frequency of transfers, however at least one transfer per quarter will be allowed; · Require that the remaining balance in any Account as a result of a transfer be at least equal to the Remaining Balance Amount, shown in the Policy Specifications; · Assess an Excess Transfer Charge for each transfer exceeding the limit shown in the Policy Specifications; · Impose further restrictions to limit transfers between certain Investment Options, including, but not limited to, the dollar amount, the number of transfers made during a defined period, and the method used to submit transfers; · Otherwise waive or reduce any or all of the restrictions, uniformly to all members of the same Class, on transfers described in this section; · Revoke any waiver or reduction, uniformly to all members of the same Class; and · Terminate transfer privileges at any time.

TRANSFERS BETWEEN FIXED OPTIONS AND VARIABLE OPTIONS. Transfers – After your initial Net Premium has been allocated according to your instructions you may, upon Written Request, transfer your Fixed and Variable Account Accumulated Value, or a part of it, among the Fixed Options and Variable Options as provided in this section. No transfer may be made if the Policy is in a Grace Period and the required premium has not been paid. Contact us to find out what restrictions are in effect at any time on transfers described in this section. We reserve the right to: · • Limit the size of transfers so that each transfer is at least equal to the Minimum Transfer Amount, shown in the Policy Specifications; · $500 • Limit the frequency of transfers, however at least one transfer per quarter will be allowed; · allowed • Require that the remaining balance in any Account as a result of a transfer be at least equal to the Remaining Balance Amount, shown in the Policy Specifications; · $500 • Assess an Excess Transfer Charge a charge of $25 for each transfer exceeding the limit shown in the 12 per Policy Specifications; · year • Impose further restrictions to limit transfers between certain Investment Options, including, but not limited to, the dollar amount, the number of transfers made during a defined period, and the method used to submit transfers; · transfers • Otherwise waive or reduce any or all of the restrictions, uniformly to all members of the same Class, restrictions on transfers described in this section; · Revoke any waiver or reduction, uniformly to all members of the same Class; and · section • Terminate transfer privileges at any timetime Transfers from the Variable Options to the Fixed Account – You may transfer Accumulated Value from the Variable Options to the Fixed Options subject to limitations on allocations to the Fixed Options. Transfers from the Variable Options to the Fixed LT Account – You may make one transfer from the Variable Options to the Fixed LT Account during any twelve-month period, subject to limitations on allocations to the Fixed Options.

TRANSFERS BETWEEN FIXED OPTIONS AND VARIABLE OPTIONS. Transfers – After your the initial Net Premium has been allocated according to your instructions you mayYour instructions, upon Written Request, transfer your Fixed and Variable Account Value, or a part of it, may be transferred among the Fixed Options and Variable Options as provided in this section, by Written Request. No transfer may be made if the Policy is in a Grace Period and the required premium has not been paid. Contact us Us to find out what restrictions are in effect at any time on transfers described in this section. We reserve the right to: · Limit the size of transfers so that each transfer is at least equal to the Minimum Transfer Amount, shown in the Policy Specifications; · Limit the frequency of transfers, however at . At least one transfer per quarter will be allowedallowed as shown in the Policy Specifications (see Indexed Account Segment Start Dates); · Require that the remaining balance in any Account as a result of a transfer be at least equal to the Remaining Balance Amount, shown in the Policy Specifications; · Assess an Excess Transfer Charge for each transfer exceeding the limit shown in the Policy Specifications; · Impose further restrictions to limit transfers between certain Investment Options, including, but not limited to, the dollar amount, the number of transfers made during a defined period, and the method used to submit transfers; · Otherwise waive or reduce any or all of the restrictions, uniformly to all members of the same Class, on transfers described in this section; · Revoke any waiver or reduction, uniformly to all members of the same Class; and · Terminate transfer privileges at any time. Transfers between Accounts – Transfers between the Fixed Option(s), when more than one Fixed Account is available, and transfers between the Fixed Option(s) and the Variable Options are described in the Policy Specifications for each Fixed Account.