Common use of ALL OTHER EXCHANGES FROM A COMPANION INVESTMENT OPTION Clause in Contracts

ALL OTHER EXCHANGES FROM A COMPANION INVESTMENT OPTION. Exchanges initiated by a Third Party Asset Manager due to a change in the percentage allocation of a Participant’s balance will be allowed, Any exchanges in excess of this amount will require the mutual consent of the Contract Owner and Nationwide. SAMPLE Any exchanges into this Contract which are not Participant Directed will require the mutual consent of both Nationwide and the Contract Owner.

ALL OTHER EXCHANGES FROM A COMPANION INVESTMENT OPTION. Exchanges initiated by a Third Party Asset Manager due to a change in the percentage allocation of a Participant’s balance will be allowed, . Any exchanges in excess of this amount will require the mutual consent of the Contract Owner and Nationwide. SAMPLE Any exchanges into this Contract which are not Participant Directed will require the mutual consent of both Nationwide and the Contract Owner.