Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of:
Appears in 2 contracts
Samples: Support Agreement (Penn Mutual Variable Annuity Account Iii), Penn Mutual Variable Annuity Account Iii
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4746% of C where: C is equal to the lesser of:
Appears in 2 contracts
Samples: Support Agreement (Penn Mutual Variable Annuity Account Iii), Penn Mutual Variable Annuity Account Iii
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of:
Appears in 1 contract
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4750.5% of C where: C is equal to the lesser of:
Appears in 1 contract
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4750.5% of C where: C is equal to the lesser of:: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.
Appears in 1 contract
Samples: Penn Mutual Variable Life Account I
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of:: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.
Appears in 1 contract
Samples: Penn Mutual Variable Life Account I
Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4746% of C where: C is equal to the lesser of:: (i) the premium paid in the twelve months following the effective date of the increase, (ii) the target premium for the amount of the increase, or
Appears in 1 contract
Samples: Penn Mutual Variable Life Account I
