{"component": "clause", "props": {"groups": [{"snippet": "The value of a Subaccount Unit (\u201cSubaccount Unit Value\u201d) or Subaccount Annuity Unit (\u201cSubaccount Annuity Unit Value\u201d). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative fee. Changes in Subaccount Annuity Unit Values also reflect an additional adjustment factor that corrects for an assumed investment return. The Unit Value of a Subaccount Unit and of a Subaccount Annuity Unit are determined each Business Day. Variable Account (\u201cVariable Investment Option\u201d) \u2013 A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (\u201cSubaccount Value\u201d) \u2013 The aggregate amount of the Contract Value allocated to the Variable Accounts.", "samples": [{"hash": "fgH6QCrqSgN", "uri": "/contracts/fgH6QCrqSgN#unit-value", "label": "Annuity Contract (Separate Account a of Pacific Life & Annuity Co)", "score": 23.8747425079, "published": true}, {"hash": "57xhdbMJcHb", "uri": "/contracts/57xhdbMJcHb#unit-value", "label": "Annuity Contract (Separate Account a of Pacific Life & Annuity Co)", "score": 23.8747425079, "published": true}, {"hash": "hwuGPI5Fc4u", "uri": "/contracts/hwuGPI5Fc4u#unit-value", "label": "Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)", "score": 22.4757022858, "published": true}], "snippet_links": [{"key": "the-value", "type": "clause", "offset": [0, 9]}, {"key": "subaccount-unit-value", "type": "definition", "offset": [33, 54]}, {"key": "subaccount-annuity-unit", "type": "definition", "offset": [60, 83]}, {"key": "the-unit", "type": "clause", "offset": [119, 127]}, {"key": "subject-to-change", "type": "clause", "offset": [155, 172]}, {"key": "business-day", "type": "clause", "offset": [180, 192]}, {"key": "investment-results", "type": "definition", "offset": [228, 246]}, {"key": "mortality-and-expense-risk-charge", "type": "definition", "offset": [276, 309]}, {"key": "administrative-fee", "type": "clause", "offset": [314, 332]}, {"key": "changes-in", "type": "definition", "offset": [334, 344]}, {"key": "annuity-unit-values", "type": "definition", "offset": [356, 375]}, {"key": "adjustment-factor", "type": "definition", "offset": [403, 420]}, {"key": "assumed-investment-return", "type": "definition", "offset": [442, 467]}, {"key": "variable-investment-option", "type": "clause", "offset": [591, 617]}, {"key": "the-separate-account", "type": "clause", "offset": [638, 658]}, {"key": "available-under", "type": "clause", "offset": [700, 715]}, {"key": "assets-of-the-company", "type": "clause", "offset": [742, 763]}, {"key": "general-account", "type": "clause", "offset": [802, 817]}, {"key": "separate-accounts", "type": "clause", "offset": [851, 868]}, {"key": "variable-account-value", "type": "clause", "offset": [870, 892]}, {"key": "subaccount-value", "type": "definition", "offset": [895, 911]}, {"key": "the-contract-value", "type": "definition", "offset": [940, 958]}, {"key": "allocated-to", "type": "definition", "offset": [959, 971]}, {"key": "the-variable-accounts", "type": "clause", "offset": [972, 993]}], "size": 31, "hash": "758f0ccdf2d1958d831c1779f6fe46e0", "id": 1}, {"snippet": "The initial Unit Value of each Variable Account was $10 on the day the Variable Account began operations. At the end of each subsequent Valuation Day, the Unit Value for each Variable Account is equal to (Y) times (Z) where:", "samples": [{"hash": "jOZrdQyeFu", "uri": "/contracts/jOZrdQyeFu#unit-value", "label": "Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 26.1471595764, "published": true}, {"hash": "it7JUN8RyXR", "uri": "/contracts/it7JUN8RyXR#unit-value", "label": "Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 25.1013011932, "published": true}, {"hash": "bOd1BKgwCvK", "uri": "/contracts/bOd1BKgwCvK#unit-value", "label": "Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 25.1013011932, "published": true}], "snippet_links": [{"key": "initial-unit", "type": "definition", "offset": [4, 16]}, {"key": "the-day", "type": "definition", "offset": [59, 66]}, {"key": "the-variable-account", "type": "clause", "offset": [67, 87]}, {"key": "at-the-end-of", "type": "clause", "offset": [106, 119]}, {"key": "valuation-day", "type": "clause", "offset": [136, 149]}, {"key": "the-unit", "type": "clause", "offset": [151, 159]}, {"key": "equal-to", "type": "definition", "offset": [195, 203]}], "size": 13, "hash": "add7fdbe91180fd40afcfa8759fe2a05", "id": 2}, {"snippet": "A rating of responsibility based on the duration, in weeks, of the activity and the staff responsibilities. All activities shall be rated according to one of three levels: Maximum Responsibility - 1.2 Moderate Responsibility - 1.0 Limited Responsibility - 0.8", "samples": [{"hash": "hxzrA4N4BVi", "uri": "/contracts/hxzrA4N4BVi#unit-value", "label": "Collective Bargaining Agreement", "score": 28.1674442291, "published": true}, {"hash": "cQ0ZCOS0T11", "uri": "/contracts/cQ0ZCOS0T11#unit-value", "label": "Collective Bargaining Agreement", "score": 25.2384605408, "published": true}, {"hash": "f4K1U8haGUo", "uri": "/contracts/f4K1U8haGUo#unit-value", "label": "Collective Bargaining Agreement", "score": 23.0184555054, "published": true}], "snippet_links": [{"key": "based-on", "type": "clause", "offset": [27, 35]}, {"key": "the-activity", "type": "definition", "offset": [63, 75]}, {"key": "staff-responsibilities", "type": "clause", "offset": [84, 106]}, {"key": "according-to", "type": "definition", "offset": [138, 150]}, {"key": "limited-responsibility", "type": "clause", "offset": [231, 253]}], "size": 7, "hash": "5cf634c7883a7e8918d7df21be6271cf", "id": 3}, {"snippet": "The unit value for each Subaccount for the first Valuation period is set at $1. The unit value for each subsequent Valuation period is determined by multiplying.", "samples": [{"hash": "a6IVA3HVgLf", "uri": "/contracts/a6IVA3HVgLf#unit-value", "label": "Annuity Contract (Nationwide Provident Va Separate Account 1)", "score": 19.0082130432, "published": true}, {"hash": "19Y8V6Y9FvB", "uri": "/contracts/19Y8V6Y9FvB#unit-value", "label": "Annuity Contract (Nationwide Provident Va Separate Account A)", "score": 19.0082130432, "published": true}], "snippet_links": [{"key": "the-unit", "type": "clause", "offset": [0, 8]}, {"key": "valuation-period", "type": "clause", "offset": [49, 65]}, {"key": "subsequent-valuation", "type": "definition", "offset": [104, 124]}], "size": 6, "hash": "6136ac3c39b2f36771edd32855776227", "id": 4}, {"snippet": "Except as provided in Section 4(f) below, \u201cUnit Value\u201d means the per unit value of a Performance Unit scheduled to vest on a particular Vesting Date, determined as follows:", "samples": [{"hash": "ewprwgoILwK", "uri": "/contracts/ewprwgoILwK#unit-value", "label": "Long Term Incentive Plan Award Agreement (Cash America International Inc)", "score": 26.1937026978, "published": true}, {"hash": "asHxMAinB6g", "uri": "/contracts/asHxMAinB6g#unit-value", "label": "Long Term Incentive Plan Award Agreement (Cash America International Inc)", "score": 26.1937026978, "published": true}, {"hash": "affsgNPdtJW", "uri": "/contracts/affsgNPdtJW#unit-value", "label": "Long Term Incentive Plan Award Agreement (Cash America International Inc)", "score": 25.3312797546, "published": true}], "snippet_links": [{"key": "except-as-provided-in", "type": "clause", "offset": [0, 21]}, {"key": "value-of-a-performance-unit", "type": "clause", "offset": [74, 101]}, {"key": "vesting-date", "type": "clause", "offset": [136, 148]}], "size": 5, "hash": "2fc6b699ccd4ddfbe98665e2230d9d45", "id": 5}, {"snippet": "The dollar value of an interest in a Separate Account or Subaccount. The Unit Value of each Separate Account or Subaccount will be determined each Business Day, and will measure the value of the Separate Account\u2019s or Subaccount\u2019s assets minus its outstanding liabilities, fees and expenses. The Unit Value is determined before giving effect to additions to and withdrawals or transfers from a Separate Account or Subaccount for that day.", "samples": [{"hash": "a2xtSdnWfMt", "uri": "/contracts/a2xtSdnWfMt#unit-value", "label": "Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account)", "score": 24.4620132446, "published": true}, {"hash": "8Wof17wlqY7", "uri": "/contracts/8Wof17wlqY7#unit-value", "label": "Group Annuity Contract (Prudential Discovery Premier Group Variable Contract Account)", "score": 24.4620132446, "published": true}], "snippet_links": [{"key": "dollar-value", "type": "definition", "offset": [4, 16]}, {"key": "an-interest", "type": "clause", "offset": [20, 31]}, {"key": "a-separate", "type": "definition", "offset": [35, 45]}, {"key": "the-unit", "type": "clause", "offset": [69, 77]}, {"key": "business-day", "type": "clause", "offset": [147, 159]}, {"key": "the-value", "type": "clause", "offset": [178, 187]}, {"key": "the-separate-account", "type": "clause", "offset": [191, 211]}, {"key": "outstanding-liabilities", "type": "clause", "offset": [247, 270]}, {"key": "fees-and-expenses", "type": "definition", "offset": [272, 289]}, {"key": "transfers-from", "type": "definition", "offset": [376, 390]}], "size": 5, "hash": "fa1cdfc18cf8674046ef95e4e1c9aa00", "id": 6}, {"snippet": "The value of a Subaccount Unit (\u201cSubaccount Unit Value\u201d). The Unit Value of any Subaccount is subject to change on any Business Day. The fluctuations in value reflect investment results and daily deductions for the mortality and expense risk charge and administrative fee. The Unit Value of a Subaccount Unit is determined each Business Day. Variable Account (\u201cVariable Investment Option\u201d) \u2013 A Subaccount of the Separate Account or any separate account of ours which is available under the Contract in which the assets of the Company are segregated from the assets in our General Account and from the assets in our other separate accounts. Variable Account Value (\u201cSubaccount Value\u201d) \u2013 The aggregate amount of the Contract Value allocated to the Variable Accounts.", "samples": [{"hash": "3Y2AJaZHwQb", "uri": "/contracts/3Y2AJaZHwQb#unit-value", "label": "Insurance Contract (Separate Account a of Pacific Life Insurance Co)", "score": 23.2176589966, "published": true}, {"hash": "1hZBUjNXz5r", "uri": "/contracts/1hZBUjNXz5r#unit-value", "label": "Annuity Contract (Separate Account a of Pacific Life & Annuity Co)", "score": 23.2176589966, "published": true}], "snippet_links": [{"key": "the-value", "type": "clause", "offset": [0, 9]}, {"key": "subaccount-unit-value", "type": "definition", "offset": [33, 54]}, {"key": "the-unit", "type": "clause", "offset": [58, 66]}, {"key": "subject-to-change", "type": "clause", "offset": [94, 111]}, {"key": "business-day", "type": "clause", "offset": [119, 131]}, {"key": "investment-results", "type": "definition", "offset": [167, 185]}, {"key": "mortality-and-expense-risk-charge", "type": "definition", "offset": [215, 248]}, {"key": "administrative-fee", "type": "clause", "offset": [253, 271]}, {"key": "variable-investment-option", "type": "clause", "offset": [361, 387]}, {"key": "the-separate-account", "type": "clause", "offset": [408, 428]}, {"key": "available-under", "type": "clause", "offset": [470, 485]}, {"key": "assets-of-the-company", "type": "clause", "offset": [512, 533]}, {"key": "general-account", "type": "clause", "offset": [572, 587]}, {"key": "separate-accounts", "type": "clause", "offset": [621, 638]}, {"key": "variable-account-value", "type": "clause", "offset": [640, 662]}, {"key": "subaccount-value", "type": "definition", "offset": [665, 681]}, {"key": "the-contract-value", "type": "definition", "offset": [710, 728]}, {"key": "allocated-to", "type": "definition", "offset": [729, 741]}, {"key": "the-variable-accounts", "type": "clause", "offset": [742, 763]}], "size": 5, "hash": "0ad636c4e5705935c49da54c95eed7aa", "id": 7}, {"snippet": "The Unit Value in a Sub-Account on any Valuation Date is equal to that Unit Value on the immediately preceding Valuation Date multiplied by the Net Investment Factor in effect for that Sub-Account.", "samples": [{"hash": "lVwitV9vsJw", "uri": "/contracts/lVwitV9vsJw#unit-value", "label": "Annuity Contract (National Variable Annuity Account Ii)", "score": 16.0, "published": true}, {"hash": "635mddQVeI0", "uri": "/contracts/635mddQVeI0#unit-value", "label": "Annuity Contract (National Variable Annuity Account Ii)", "score": 16.0, "published": true}], "snippet_links": [{"key": "the-unit", "type": "clause", "offset": [0, 8]}, {"key": "a-sub", "type": "clause", "offset": [18, 23]}, {"key": "valuation-date", "type": "definition", "offset": [39, 53]}, {"key": "equal-to", "type": "definition", "offset": [57, 65]}, {"key": "net-investment-factor", "type": "clause", "offset": [144, 165]}, {"key": "in-effect", "type": "definition", "offset": [166, 175]}], "size": 4, "hash": "343363206d9f0719cf565efc49f0d800", "id": 8}, {"snippet": "The Unit Value is used to determine the number of Accumulation Units that are credited to each Variable Account. At the end of each Valuation Day, the Unit Value for each Variable Account is equal to (Y) times (Z) where:", "samples": [{"hash": "iU2Wrqx2bxC", "uri": "/contracts/iU2Wrqx2bxC#unit-value", "label": "Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 30.3497600555, "published": true}, {"hash": "3GZHPVJUGXJ", "uri": "/contracts/3GZHPVJUGXJ#unit-value", "label": "Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 30.3497600555, "published": true}], "snippet_links": [{"key": "the-unit", "type": "clause", "offset": [0, 8]}, {"key": "determine-the", "type": "clause", "offset": [26, 39]}, {"key": "number-of-accumulation-units", "type": "clause", "offset": [40, 68]}, {"key": "variable-account", "type": "definition", "offset": [95, 111]}, {"key": "at-the-end-of", "type": "clause", "offset": [113, 126]}, {"key": "valuation-day", "type": "clause", "offset": [132, 145]}, {"key": "equal-to", "type": "definition", "offset": [191, 199]}], "size": 4, "hash": "87342c393ac7c7c4f2789661c9e8bb1f", "id": 9}, {"snippet": "The value of each Unit of a Sub-Account, as determined by Us.", "samples": [{"hash": "hpFe1wIgMQ4", "uri": "/contracts/hpFe1wIgMQ4#unit-value", "label": "Flexible Premium Variable Universal Life Insurance Policy (Sun Life Ny Variable Account D)", "score": 21.0, "published": true}, {"hash": "ftg3DrCadGy", "uri": "/contracts/ftg3DrCadGy#unit-value", "label": "Flexible Premium Variable Universal Life Insurance Policy (Sun Life of Canada U S Variable Account I)", "score": 21.0, "published": true}, {"hash": "5kMKmxMyENb", "uri": "/contracts/5kMKmxMyENb#unit-value", "label": "Flexible Premium Variable Universal Life Insurance Policy (Sun Life of Canada U S Variable Account G)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-value", "type": "clause", "offset": [0, 9]}, {"key": "a-sub", "type": "clause", "offset": [26, 31]}], "size": 3, "hash": "a49c686ba66769d80a36a71201712b6f", "id": 10}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhN1bml0LXZhbHVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["exchange-privilege", "EXCHANGE PRIVILEGE"], ["unit-value-at-maturity", "UNIT VALUE AT MATURITY"], ["unit-value-on-the-start-date", "UNIT VALUE ON THE START DATE"], ["unit-value-on-each-cycle-business-day-during-the-cycle-term", "UNIT VALUE ON EACH CYCLE BUSINESS DAY DURING THE CYCLE TERM"], ["cycle-business-day-unit-value-ceiling", "CYCLE BUSINESS DAY UNIT VALUE CEILING"]], "parents": [["co-curricular", "Co-Curricular"], ["payment-of-awards", "Payment of Awards"], ["rights-of-the-congress", "\u2013 Rights of the Congress"], ["school-year", "\u2013 School Year"], ["method-of-operation", "Method of Operation"]], "title": "Unit Value", "size": 130, "id": "unit-value", "related": [["grant-amount", "Grant Amount", "Grant Amount"], ["market-value-adjustment", "Market Value Adjustment", "Market Value Adjustment"], ["target-fair-market-value", "Target Fair Market Value", "Target Fair Market Value"], ["non-pre-priced-adjustment-factor", "Non pre-priced Adjustment Factor", "Non pre-priced Adjustment Factor"], ["market-value", "Market Value", "Market Value"]], "related_snippets": [], "updated": "2026-03-04T06:16:59+00:00"}, "json": true, "cursor": ""}}