Common use of Annual Administrative Charge Clause in Contracts

Annual Administrative Charge. As of the last day of each Contract Year before your Retirement Date, we will withdraw from the Divisions an Annual Administrative Charge equal to the lesser of $30 or 2% of the Annuity Account Value including the amount of the sum of (i) the Annuity Account Value and (ii) any withdrawals pursuant to Section 2.07 during that Contract Year. The charge will be allocated among the Divisions in proportion to the amounts that you have in the Divisions. As of the Retirement Date and before application of the Annuity Account Value or Cash Value pursuant to Section 3.03, or upon termination of this Contract pursuant to Section 2.06 or Sections 2.10 and 2.11 during a Contract Year, if the Annuity Account Value is less than $10,000, we will withdraw the Annual Administrative Charge described in this Section for the applicable part of that Contract Year. However, if the Annuity Account Value is $10,000 or greater at the end of the Contract Year, the Annual Administrative Charge is zero.

Annual Administrative Charge. As of the last day of each Contract Year before your Retirement DateYear, if the Annuity Account Value on that date is less than $25,000, we will withdraw from the Divisions an Annual Administrative Charge equal to the lesser of $30 or 2% of the Annuity Account Value including the amount of the sum of (i) the Annuity Account Value and (ii) any withdrawals pursuant to Section 2.07 during that Contract Year. The charge will be allocated among the Divisions in proportion to the amounts that you have in the Divisions. As If the Annuity Account Value is less than $25,000, on (a) the date of the Retirement Date and before application of the Annuity Account Value or Cash Value pursuant to Section 3.03, or upon termination (b) the date of Termination of this Contract pursuant to Section 2.06 or Sections 2.10 and 2.11 during a Contract Year, if the Annuity Account Value is less than $10,0002.12, we will prorate the Annual Administrative Charge applicable to the completed portion of the Current Contract Year and withdraw such amount in lieu of the Annual Administrative Charge described in this Section for the applicable part of that Contract Year. However, if If the Annuity Account Value is $10,000 25,000 or greater at the end of the a Contract Year, the Annual Administrative Charge is zero.

Annual Administrative Charge. As of the last day of each Contract Year before your Retirement DateYear, if the Annuity Account Value on that date is less than $10,000, we will withdraw from the Divisions an Annual Administrative Charge equal to the lesser of $30 or 2% of the Annuity Account Value Value, including the amount of the sum of (i) the Annuity Account Value and (ii) any withdrawals pursuant to Section 2.07 during that Contract Year. The charge will be allocated among the Divisions in proportion to the amounts that you have in the Divisions. As If the Annuity Account Value is less than $10,000, on (a) the date of the Retirement Date and before application of the Annuity Account Value or Cash Value pursuant to Section 3.03, or upon termination (b) the date of Termination of this Contract pursuant to Section 2.06 or Sections 2.10 and 2.11 during a Contract Year, if the Annuity Account Value is less than $10,0002.11, we will prorate the Annual Administrative Charge applicable to the completed portion of the Current Contract Year and withdraw such amount in lieu of the full Annual Administrative Charge described in this Section for the applicable part of that Contract Year. However, if If the Annuity Account Value is $10,000 or greater at the end of the a Contract Year, the Annual Administrative Charge is zero.

Annual Administrative Charge. As of the last day of each Contract Year before your Retirement DateYear, if the Annuity Account Value on that date is less than $10,000, we will withdraw from the Divisions an Annual Administrative Charge equal to the lesser of $30 or 2% of the Annuity Account Value including the amount of the sum of (i) the Annuity Account Value and (ii) any withdrawals pursuant to Section 2.07 during that Contract Year. The charge will be allocated among the Divisions in proportion to the amounts that you have in the Divisions. As If the Annuity Account Value is less than $10,000 on (a) the date of the Retirement Date and before application of the Annuity Account Value or Cash Value pursuant to Section 3.03, 3.03 or upon (b) the date of termination of this Contract pursuant to Section 2.06 or Sections 2.10 and 2.11 during a Contract Year, if the Annuity Account Value is less than $10,0002.11, we will prorate the Annual Administrative Charge applicable to the completed portion of the Current Contract Year and withdraw such amount in lieu of the full Annual Administrative Charge described in this Section for the applicable part of that Contract Year. However, if If the Annuity Account Value is $10,000 or greater at the end of the a Contract Year, the Annual Administrative Charge is zero.

Annual Administrative Charge. As of the last day of each Contract Year before your Retirement DateYear, if the Annuity Account Value on that date is less than $10,000, we will withdraw from the Divisions an Annual Administrative Charge equal to the lesser of $30 or 2% of the Annuity Account Value Value, including the amount of the sum of (i) the Annuity Account Value and (ii) any withdrawals pursuant to Section 2.07 during that Contract Year. The charge will be allocated among the Divisions in proportion to the amounts that you have in the Divisions. As If the Annuity Account Value is less than $10,000 on (a) the date of the Retirement Date and before application of the Annuity Account Value or Cash Value pursuant to Section 3.03, or upon termination (b) the date of Termination of this Contract pursuant to Section 2.06 or Sections 2.10 and 2.11 during a Contract Year, if the Annuity Account Value is less than $10,0002.11, we will prorate the Annual Administrative Charge applicable to the completed portion of the Current Contract Year and withdraw such amount in lieu of the Annual Administrative Charge applicable to the completed portion of the Current Contract Year and withdraw such amount in lieu of the full Annual Administrative Charge described in this Section for the applicable part of that Contract Year. However, if If the Annuity Account Value is $10,000 or greater at the end of the a Contract Year, the Annual Administrative Charge is zero.