ALLOCATION OF CONTRIBUTIONS definition
ALLOCATION OF CONTRIBUTIONS. The Contribution is allocated to one or more Sub-Accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the Contribution is made in accordance with the selection made by the Owner at the Issue Date and must be in accordance with the Allocation Guidelines set forth on the Contract Schedule. Allocation of the Contributions is subject to the terms and conditions imposed by the Company. The Company has reserved the right to allocate the Contribution to the Money Market Sub-Account until the expiration of the Right to Examine Contract period. SEPARATE ACCOUNT PROVISIONS
ALLOCATION OF CONTRIBUTIONS. [X] Hours of Service [ ] Elapsed Time
2. If service is based on Hours of Service, Hours shall be determined on the basis of: [X] a. Actual hours for which paid or entitled to payment. [ ] b. Days Worked (10 Hours of Service). [ ] c. Weeks Worked (45 Hours of Service). [ ] d. Semimonthly payroll periods (95 Hours of Service). [ ] e. Months Worked (190 Hours of Service). -+ For options b, c, d, and e: If the Employee would be credited with 1 Hour of Service during the period, the Employee shall be credited with the number of Hours of Service indicated in parentheses. --------------------------------------------------------------------------------