Common use of CONTRACT AND PROGRAM CHANGES Clause in Contracts

CONTRACT AND PROGRAM CHANGES. 1. The Company may amend, substitute, add or delete separate accounts or underlying investment funds to the annuity contract as described in the contract general provisions. No such change will be made by the Company without prior notification to Swiss Re America and without any required action by the Securities and Exchange Commission. The Company agrees to maintain at all times a satisfactory selection of core sub-accounts with characteristics similar to the original sub-accounts listed in Exhibit B. 2. The Company shall also give Swiss Re America advance notice of any other changes to its annuity product, its fees and charges, or its distribution approaches.

Appears in 4 contracts

Samples: Automatic Reinsurance Agreement (Nasl Variable Account), Automatic Reinsurance Agreement (Nasl Variable Account), Automatic Reinsurance Agreement (Nasl Variable Account)

AutoNDA by SimpleDocs

CONTRACT AND PROGRAM CHANGES. 1. The Company may amend, substitute, add or delete separate accounts or underlying investment funds to the annuity contract as described in the contract general provisions. No such change will be made by the Company without prior notification to Swiss Re America and without any required action by the Securities and Exchange Commission. The Company agrees to maintain at all times a satisfactory selection of core sub-accounts with characteristics similar to the original sub-accounts listed in Exhibit B. 2. The Company shall also give Swiss Re America advance notice of any other changes to its annuity product, its fees and charges, or its distribution approaches.. SWISS RE AMERICA

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!