Common use of FEES, TAXES, AND OTHER EXPENSES Clause in Contracts

FEES, TAXES, AND OTHER EXPENSES. Any income or other taxes that may be levied or assessed upon the Account (including any transfer taxes incurred in connection with the investment and reinvestment of Account assets), expenses, fees and administrative costs incurred by the Custodian in the performance of its duties (including fees for legal services rendered to the Custodian), and the Custodian's compensation under Section 6.4, will constitute a charge upon the assets of the Account. If not paid by the Employee within 30 days after being billed therefore by the Custodian, the Custodian will withdraw such fee, tax or expense from the Account and may redeem sufficient shares of any Fund held in the Account to effect such payment without liability for any loss incurred thereby. Any fees charged by the Fund Distributor may be charged against the Employee’s Account and will be disclosed by the Fund Distributor to the Employee in a separate document.

FEES, TAXES, AND OTHER EXPENSES. Any income or other taxes that may be levied or assessed upon the Account (including any transfer taxes incurred in connection with the investment and reinvestment of Account assets), expenses, fees and administrative costs incurred by the Custodian in the performance of its duties (including fees for legal services rendered to the Custodian), and the Custodian's ’s compensation under Section 6.4, will constitute a charge upon the assets of the Account. If not paid by the Employee within 30 days after being billed therefore by the Custodian, the Custodian will withdraw such fee, tax or expense from the Account and may redeem sufficient shares of any Fund held in the Account to effect such payment without liability for any loss incurred thereby. Any fees charged by the Fund Distributor may be charged against the Employee’s Account and will be disclosed by the Fund Distributor to the Employee in a separate document.