Common use of Enrollment Fee Clause in Contracts

Enrollment Fee. A fee of $25 will be paid to AXA Equitable upon enrollment of each new Annuitant in a Simplified Employee Pension. It will be charged against the first Contribution made on behalf of the Annuitant, unless the Annuitant's employer pays the fee.

Appears in 3 contracts

Samples: Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co), Separate Account No 301 of Axa Equitable Life Insurance Co, Separate Account No 301 of Axa Equitable Life Insurance Co

AutoNDA by SimpleDocs

Enrollment Fee. A An enrollment fee of $25 will be paid to AXA Equitable upon the enrollment of each new Annuitant Participant in a Simplified Employee Pension. It Unless the Participant's employer pays the fee, it will be charged against the first Contribution contribution made on behalf of the Annuitant, unless the Annuitant's employer pays the feeParticipant.

Appears in 1 contract

Samples: Separate Account No 301 of Axa Equitable Life Insurance Co

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