Common use of Account Fee Clause in Contracts

Account Fee. On each Account Anniversary prior to the Annuity Commencement Date, the Company will deduct from the value of each Participant's Account an annual account fee to reimburse the Company for administrative expenses relating to the Contract and the Participant's Account. The account fee is the amount specified on the Certificate Specifications Page. The Company will deduct the account fee on a pro rata basis from amounts allocated to each Guarantee Period and each Sub-Account in which the Participant's Account is invested at the time of such deduction. If a Participant's Account is surrendered for its full value on other than an Account Anniversary, the Company will deduct the full account fee at the time of such surrender. The Company will waive the account fee when either (a) the entire Participant's Account Value has been allocated to the Fixed Account during the entire previous Account Year, or (b) the Participant's Account Value is greater than the amount specified on the Certificate Specifications page on the Account Anniversary. On the Annuity Commencement Date the value of the Participant's Account will be reduced by a proportionate amount of the account fee to reflect the time elapsed between the last Account Anniversary and the day before the Annuity Commencement Date. After the Annuity Commencement Date, the Company will deduct an annual account fee in an amount specified on the Certificate Specifications page in equal amounts from each Variable Annuity payment made during the year. The Company makes no such deduction from Fixed Annuity payments.

Account Fee. On each Account Anniversary prior to the Annuity Commencement Date, the Company will deduct from the value of each Participant's Account an annual account fee to reimburse the Company for administrative expenses relating to the Contract and the Participant's Account. The account fee is the amount specified on the Certificate Specifications Pagepage. The Company will deduct the account fee on a pro rata basis from amounts allocated to each Guarantee Period and each Sub-Account in which the Participant's Account is invested at the time of such deduction. If a Participant's Account is surrendered for its full value on a date other than an Account Anniversary, the Company will deduct the full account fee will be deducted in full at the time of such surrender. The Company will waive the account fee when either (a) the entire Participant's Account Value has been allocated to the Fixed Account during the entire previous Account Year, or (b) the Participant's Account Value is greater than the amount specified on the Certificate Specifications page on the Account Anniversary. On the Annuity Commencement Date the value of the Participant's Account will be reduced by a proportionate amount of the account fee to reflect the time elapsed between the last Account Anniversary and the day before the Annuity Commencement Date. After the Annuity Commencement Date, the Company will deduct an annual account fee in an amount specified on the Certificate Specifications page will be deducted in equal amounts from each Variable Annuity payment made during the year. The Company makes no No such deduction is made from Fixed Annuity payments.

Account Fee. On each Account Anniversary prior to the Annuity Commencement Date, the Company will deduct from the value of each Participant's Account an annual account fee fee, as specified on the Certificate Specifications Page, to reimburse the Company for administrative expenses relating to the Contract and the Participant's Account. The account fee is the amount specified on the Certificate Specifications Page. The Company will deduct the account fee on a pro rata basis from amounts allocated to each Guarantee Period and each Sub-Account in which the Participant's Account is invested at the time of such deduction. If a Participant's Account is surrendered for its full value on a date other than an Account Anniversary, the Company will deduct the full account fee will be deducted in full at the time of such surrender. The Company will waive the account fee when either (a) the entire Participant's Account Value has been allocated to the Fixed Account during the entire previous Account Year, or (b) the Participant's Account Value is greater than the amount specified on the Certificate Specifications page on the Account Anniversary. On the Annuity Commencement Date the value of the Participant's Account will be reduced by a proportionate amount of the account fee to reflect the time elapsed between the last Account Anniversary and the day before the Annuity Commencement Date. After the Annuity Commencement Date, the Company will deduct an annual account fee in an amount specified on the Certificate Specifications page will be deducted in equal amounts from each Variable Annuity payment made during the year. The Company makes no No such deduction is made from Fixed Annuity payments.