Common use of Expense Allowance Clause in Contracts

Expense Allowance. The Reinsurer shall pay to the Ceding Company an amount (the “Expense Allowance”) at the end of each Accounting Period equal to (i) times the sum of (ii) and (iii), where: (i) equals the Quota Share Percentage; (ii) equals $25 times the average number of Annuities in force throughout the current Accounting Period; and (iii) equals 0.0135 percent times the average Account Value (as defined in Schedule B, Paragraph 4) outstanding throughout the current Accounting Period. The expense rates shown in clauses (ii) and (iii) above will be reduced proportionately when the Accounting Period is less than a full calendar quarter.

Expense Allowance. The Reinsurer shall will pay to the Ceding Company an amount (the “Expense Allowance”) Allowance at the end of each Accounting Period equal to (i) times the sum of (ii) and plus (iii) plus (iv), where: (i) equals the Quota Share Percentagequota share percentage of the Annuities as described in Schedule A; (ii) equals $25 times the average number of Annuities in force throughout the current Accounting Period; and (iii) equals 0.0135 percent times the average Account Value (Value, as defined in Schedule B, Paragraph 4) 5, outstanding throughout the current Accounting Period. The expense rates shown in clauses (ii) and (iii) above will be reduced proportionately when the Accounting Period is less than a full calendar quarter.

Expense Allowance. The Reinsurer shall will pay to the Ceding Company an amount (the “Expense Allowance”) Allowance at the end of each Accounting Period equal to (i) times the sum of (ii) and plus (iii), where: (i) equals the Quota Share Percentagequota share percentage of the Annuities as described in Schedule A; (ii) equals $25 times the average number of Annuities in force throughout the current Accounting Period; and (iii) equals 0.0135 percent times the average Account Value (Value, as defined in Schedule B, Paragraph 4) 5, outstanding throughout the current Accounting Period. The expense rates shown in clauses (ii) and (iii) above will be reduced proportionately when the Accounting Period is less than a full calendar quarter.