Common use of Experience Refund Clause in Contracts

Experience Refund. 1. Swiss Re Life & Health shall pay the Company an experience refund equal to 25% of the Adjusted Profit, as defined in Exhibit C, for all variable annuity contracts covered under this Agreement as set forth in Exhibit A.

Appears in 3 contracts

Samples: Reinsurance Agreement (Separate Account Va-2l), Automatic Reinsurance Agreement (Separate Account VA EE), Automatic Reinsurance Agreement (Separate Account Va B)

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Experience Refund. 1. Swiss Re Life & Health shall pay the Company an experience refund equal to 2550% of the Adjusted Profit, as defined in Exhibit C, for all variable annuity contracts covered under this Agreement as set forth in Exhibit A.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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