Common use of Existing certificates Clause in Contracts

Existing certificates. The penalty structure will remain the same as it is today until the current term for the Certificate ends. At the time of roll-over or if a new Certificate is opened, the new penalty structure described above will take effect. • If Your account has an original maturity of 90 days to 179 days -- The penalty We may impose will equal 30 days dividends on the amount of principal withdrawn. • If Your account has an original maturity of 180 days to 364 days -- The penalty We may impose will equal 90 days dividends on the amount of principal withdrawn. • If Your account has an original maturity of 365 days or more -- The penalty We may impose will equal 180 days dividends on the amount of principal withdrawn.