Conflict Remedies. (a) It is agreed that if it is determined by a majority of the members of the Board of Trustees or a majority of the Disinterested Trustees that a material irreconcilable conflict exists, JNL will, if it is a Participating Insurance Company for which a material irreconcilable conflict is relevant, at its own expense and to the extent reasonably practicable (as determined by a majority of the Disinterested Trustees), take whatever steps are necessary to remedy or eliminate the material irreconcilable conflict, which steps may include, but are not limited to:
Appears in 8 contracts
Samples: Participation Agreement (Conseco Variable Annuity Account E), Participation Agreement (Conseco Variable Annuity Account C), Participation Agreement (Conseco Variable Annuity Account C)
