Common use of Individual Certificate Suspension Clause in Contracts

Individual Certificate Suspension. 7.5.1 Once during the duration of their Certificate, if the Contract Owner notifies us that a Certificate Owner has transferred their Account Value to an allocation model offered by the Contract Owner but not listed on the Data Pages, the Certificate will not be terminated, but will instead be suspended. We will notify the Certificate Owner that the suspension has occurred and that it will last until the end of the suspension cure period as shown on the Data Pages. During the suspension cure period, the Certificate Owner may cure the suspension by transferring their Account Value to an allocation model listed on the Data Pages. Following such a transfer, the Withdrawal Guarantee will be recalculated on the Valuation Day following the suspension cure period using the Account Value multiplied by the current Withdrawal Guarantee Factor for the Attained Age. This calculation will occur as of the Valuation Day following the end of the MP7170 5/07 15 suspension cure period regardless of on which day during the cure period the transfer of Account Value occurs. If the Certificate Owner fails to transfer their Account Value to an allocation model listed on the Data Pages by the end of the suspension cure period, the Certificate will terminate.

Individual Certificate Suspension. 7.5.1 Once during the duration of their Certificate, if the Contract Owner notifies us that a Certificate Owner has transferred their Account Value to an allocation model offered by the Contract Owner but not listed on the Data Pages, the Certificate will not be terminated, but will instead be suspended. We will notify the Certificate Owner that the suspension has occurred and that it will last until the end of the suspension cure period as shown on the Data Pages. During the suspension cure period, the Certificate Owner may cure the suspension by transferring their Account Value to an allocation model listed on the Data Pages. Following such a transfer, the Withdrawal Guarantee will be recalculated on the Valuation Day following the suspension cure period using the Account Value multiplied by the current Withdrawal Guarantee Factor for the Attained Age. This calculation will occur as of the Valuation Day following the end of the MP7170 5/07 15 suspension cure period regardless of on which day during the cure period the transfer of MP7170 5/07 VA 15 Account Value occurs. If the Certificate Owner fails to transfer their Account Value to an allocation model listed on the Data Pages by the end of the suspension cure period, the Certificate will terminate.

Individual Certificate Suspension. 7.5.1 7.4.1 Once during the duration of their Certificate, if the Contract Owner notifies us that a Certificate Owner has transferred their Account Value to an allocation model offered by the Contract Owner but not listed on the Data Pages, the Certificate will not be terminated, but will instead be suspended. We will notify the Certificate Owner that the suspension has occurred and that it will last until the end of the suspension cure period as shown on the Data Pages. During the suspension cure period, the Certificate Owner may cure the suspension by transferring their Account Value to an allocation model listed on the Data Pages. Following such a transfer, the Withdrawal Guarantee will be recalculated on the Valuation Day following the suspension cure period using the Account Value multiplied by the current Withdrawal Guarantee Factor for the Attained Age. This calculation will occur as of the Valuation Day following the end of the MP7170 5/07 15 suspension cure period regardless of on which day during the cure period the transfer of Account Value occurs. If the Certificate Owner fails to transfer their Account Value to an allocation model listed on the Data Pages by the end of the suspension cure period, the Certificate will terminate.

Individual Certificate Suspension. 7.5.1 Once during the duration of their Certificate, if the Contract Owner notifies us that a Certificate Owner has transferred their Account Value to an allocation model offered by the Contract Owner but not listed on the Data Pages, the Certificate will not be terminated, but will instead be suspended. We will notify the Certificate Owner that the suspension has occurred and that it will last until the end of the suspension cure period as shown on the Data Pages. During the suspension cure period, the Certificate Owner may cure the suspension by transferring their Account Value to an allocation model listed on the Data Pages. Following such a transfer, the Withdrawal Guarantee will be recalculated on the Valuation Day following the suspension cure period using the Account Value multiplied by the current Withdrawal Guarantee Factor for the Attained Age. This calculation will occur as of the Valuation Day following the end of the MP7170 5/07 15 suspension cure period regardless of on which day during the cure period the transfer of Account Value occurs. If the Certificate Owner fails to transfer their Account Value to an allocation model listed on the Data Pages by the end of the suspension cure period, the Certificate will terminate.