CHANGES IN OR RELATING TO A CONTRACT FORM. After the initial Registration Statement for a class of Contracts has been declared effective by the SEC, the parties from time to time may mutually agree upon a material change in the terms and provisions of a Contract form(s) for such class or an amendment or rider to such Contract form(s). Except to the extent necessary to comply with applicable laws, rules, regulations or orders, or to accommodate the termination of a Fund or Fund Series pursuant to a decision of that Fund's management, Security Benefit shall not change unilaterally in any material respect the terms and provisions of a Contract form for a class of Contracts, including, but not limited to, a change in the variable information included in schedule pages distinguishing such class of Contracts, or a change in the Separate Account or Subaccounts thereof designated to support such Contract or any Fund or other funding media underlying any Subaccount, or make any amendment or rider to such Contract form whatsoever, without first obtaining Investment Services' written consent thereto, which shall not be unreasonably withheld. Any such change agreed upon or consented to in accordance with this Section shall be reflected on the Schedules to this Agreement, to the extent appropriate, in accordance with the provisions of Section 2.9.
Appears in 5 contracts
Samples: Master Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Master Agreement (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Master Agreement (Price T Rowe Variable Annuity Account)
