Common use of CONTRACT-HOLDER AS PAYEE - PRUDENTIAL AS AGENT Clause in Contracts

CONTRACT-HOLDER AS PAYEE - PRUDENTIAL AS AGENT. Every payment with respect to any annuity will be paid to the Contract-Holder. The Contract-Holder will notify Prudential forthwith of the death of any Annuitant and Contingent Annuitant. The Contract-Holder will reimburse Prudential for any payments made by Prudential which are in excess of those provided by the annuity for the Annuitant. However, the Contract-Holder may request Prudential to act as its agent for the purpose of making payments to Annuitants, Contingent Annuitants, and their beneficiaries. If Prudential assents to the request, it will make payments to the persons rather than to the Contract-Holder. The Contract-Holder may terminate this agency relationship at any time upon 45 days' advance notice to Prudential. Thereafter payments will be made to the Contract-Holder. GVA/GAA-1010/7211-82 Serial 410 (as modified by Forms GAA-7471A/7471) 4.5 9/84 Provision V. CHANGES:

CONTRACT-HOLDER AS PAYEE - PRUDENTIAL AS AGENT. Every payment with respect to any annuity will be paid to the Contract-Contract- Holder. The Contract-Holder will notify Prudential forthwith of the death of any Annuitant and Contingent Annuitant. The Contract-Holder will reimburse Prudential for any payments made by Prudential which are in excess of those provided by the annuity for the Annuitant. However, the Contract-Holder may request Prudential to act as its agent for the purpose of making payments to Annuitants, Contingent Annuitants, and their beneficiaries. If Prudential assents to the request, it will make payments to the persons rather than to the Contract-Holder. The Contract-Holder may terminate this agency relationship at any time upon 45 days' advance notice to Prudential. Thereafter payments will be made to the Contract-Holder. GVA/GAA-1010/7211-82 Serial 410 (as modified by Forms GAA-7471A/7471) 4.5 9/84 Provision Provision. V. CHANGES:

CONTRACT-HOLDER AS PAYEE - PRUDENTIAL AS AGENT. Every payment with respect to any annuity will be paid to the Contract-Contract- Holder. The Contract-Holder will notify Prudential forthwith of the death of any Annuitant and Contingent Annuitant. The Contract-Holder will reimburse Prudential for any payments made by Prudential which are in excess of those provided by the annuity for the Annuitant. However, the Contract-Holder may request Prudential to act as its agent for the purpose of making payments to Annuitants, Contingent Annuitants, and their beneficiaries. If Prudential assents to the request, it will make payments to the persons rather than to the Contract-Holder. The Contract-Holder may terminate this agency relationship at any time upon 45 days' advance notice to Prudential. Thereafter payments will be made to the Contract-Holder. GVA/GAA-1010/7211-82 Serial 410 (as modified by Forms GAA-7471A/7471) 4.5 9/84 Provision V. CHANGES: