Common use of ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS Clause in Contracts

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum or (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code and, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, issued by us or one of our affiliated or subsidiary life insurance companies.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum or (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other annuity form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals pursuant to Section 2.07 in the amounts and at times as required by the minimum distribution rules of Section 401(a)(9) of the Code andand applicable Treasury Regulations, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit Benefit, and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies. An election to receive Annuity Benefits in accordance with this Section is subject to the spousal consent and spousal survivor rules set forth in Section 3.06 of this Contract.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum or (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code and, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu Lieu of the Cash Value. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, issued by us or one of our affiliated or subsidiary life insurance companies.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum sum, or (ii) to apply the Annuity Account Value Value, (less any outstanding loan as set forth in Section 2.13) or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other annuity form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code andCode, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value. We will have the right to require that you to furnish pertinent information to provide an Annuity Benefit Benefit, and we will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies. If the issuance of this Contract is pursuant to a Plan subject to Title I of ERISA, the rules set forth in Section 3.06 shall apply to your election and the commencement of annuity benefits.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your the Annuitant's Retirement Date, provided you are the Annuitant is then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect elect, subject to the terms of the Plan and the provisions of the Code, (i) to receive have the Cash Value of this Contract paid in a single sum or sum, (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, us or one of our affiliated or subsidiary life insurance companies, as elected by you, you or (iii) to take partial withdrawals distributions or payments in amounts and at times as required by the distribution rules of Sections 457(d) and 401(a)(9) of the Code andand applicable Treasury Regulations, pursuant to Sections 2.07 and Section 3.05, and subject to our rules then in effect and any other applicable requirements under the Codeeffect. We will provide notice Notice and election forms will be provided to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, . (On your prior written request we will also provide notice and election forms directly to the Annuitant.) If you elect prior to the Annuitant's Retirement Date to terminate this Contract pursuant to Section 2.06, an election you may be made elect to receive have an Annuity Benefit paid in lieu of the Cash Value. If your Plan permits and you provide us written instructions to do so in advance of payment, we will make payment of the Cash Value, Annuity Benefits or partial withdrawals directly to the Annuitant, Substituted Beneficiary or other payee designated by you. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit Benefit, and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum sum, or (ii) to apply the Annuity Account Value Value, or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other annuity form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code andCode, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value, unless restricted by the Plan. We will have the right to require that you to furnish pertinent information to provide an Annuity Benefit Benefit, and we will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies. If the issuance of this Contract is pursuant to a Plan subject to Title I of ERISA, the rules set forth in Section 3.06 shall apply to your election and the commencement of annuity benefits.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum or (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code andCode, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, issued by us or one of our affiliated or subsidiary life insurance companies.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum or (ii) to apply the Annuity Account Value Value, or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other annuity form offered by us, or one of our affiliated or subsidiary life insurance companies, companies as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code andCode, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value, unless restricted by the Plan. We will have the right to require that you to furnish pertinent information to provide an Annuity Benefit Benefit, and we will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies. If the issuance of this Contract is pursuant to a Plan subject to Title I of ERISA, the rules set forth in Section 3.06 shall apply to your election and the commencement of annuity benefits.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your the Annuitant's Retirement Date, provided you are the Annuitant is then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect elect, subject to the terms of the Plan and the provisions of the Code, (i) to receive have the Cash Value of this Contract paid in a single sum or sum, (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, us or one of our affiliated or subsidiary life insurance companies, as elected by you, you or (iii) to take partial withdrawals in amounts and at times as required by the distribution rules of Section 457(d) and 401(a)(9) of the Code andand applicable Treasury Regulations, pursuant to Sections 2.07 and Section 3.05, and subject to our rules then in effect and any other applicable requirements under the Codeeffect. We will provide notice Notice and election forms will be provided to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, . (On your prior written request we will also provide notice and election forms directly to the Annuitant.) If you elect prior to the Annuitant's Retirement Date to terminate this Contract pursuant to Section 2.06, an election you may be made elect to receive have an Annuity Benefit paid in lieu of the Cash Value. If your Plan permits and you provide us written instructions to do so in advance of payment, we will make payment of the Cash Value, Annuity Benefits or partial withdrawals directly to the Annuitant, Substituted Beneficiary or other payee designated by you. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit Benefit, and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your Retirement Date, provided you are then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect (i) to receive the Cash Value of this Contract in a single sum sum, or (ii) to apply the Annuity Account Value Value, (less any outstanding loan as set forth in Section 2.13) or Cash Value, whichever is applicable pursuant to the first paragraph of in Section 3.04, to provide an Annuity Benefit on any other annuity form offered by us, or one of our affiliated or subsidiary life insurance companies, as elected by you, or (iii) to take partial withdrawals in amounts and at times as required by the Code andCode, pursuant to Sections 2.07 and 3.05, subject to our rules then in effect and any other applicable requirements under the Code. We will provide notice and election forms to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, pursuant to Section 2.06, an election may be made to receive an Annuity Benefit in lieu of the Cash Value. We will have the right to require that you to furnish pertinent information to provide an Annuity Benefit Benefit, and we will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies. If the issuance of this Contract is pursuant to a Plan subject to Title I of ERISA, the rules set forth in Section 3.06 shall apply to your election and the commencement of annuity benefits.

ELECTION AND COMMENCEMENT OF ANNUITY BENEFITS. As of your the Annuitant's Retirement Date, provided you are the Annuitant is then living, the Annuity Account Value shall be applied to provide the Normal Form of Annuity Benefit, unless you elect elect, subject to the terms of the Plan and the provisions of the Code, (i) to receive have the Cash Value of this Contract paid in a single sum or sum, (ii) to apply the Annuity Account Value or Cash Value, whichever is applicable pursuant to the first paragraph of Section 3.04, to provide an Annuity Benefit on any other form offered by us, us or one of our affiliated or subsidiary life insurance companies, as elected by you, you or (iii) to take partial withdrawals in amounts and at times as required by the distribution rules of Section 457(d) and 401(a)(9) of the Code andand applicable Treasury Regulations, pursuant to Sections 2.07 and Section 3.05, and subject to our rules then in effect and any other applicable requirements under the Codeeffect. We will provide notice Notice and election forms will be provided to you not more than six months before your Retirement Date. If you elect to terminate this Contract, prior to the Retirement Date, . (On your prior written request we will also provide notice and election forms directly to the Annuitant). If you elect prior to the Annuitant's Retirement Date to terminate this Contract pursuant to Section 2.06, an election you may be made elect to receive have an Annuity Benefit paid in lieu of the Cash Value. If your Plan permits and you provide us written instructions to do so in advance of payment, we will make payment of the Cash Value, Annuity Benefits or partial withdrawals directly to the Annuitant, Substituted Beneficiary or other payee designated by you. We will have the right to require you to furnish pertinent information to provide an Annuity Benefit Benefit, and will be fully protected in relying on such information and need not inquire as to the accuracy or completeness thereof. The applicable Annuity Benefit will be provided pursuant to Sections 3.04 and 3.05. We may offer annuity forms other than the Life Annuity Form or Joint and Survivor Life Annuity Form, Form issued by us or one of our affiliated or subsidiary life insurance companies.