Common use of Participating Contract Clause in Contracts

Participating Contract. This is a participating contract. Each year the Company shall determine the amount of divisible surplus, if any, to be apportioned to this Contract. The amount of any such divisible surplus shall be credited to this Contract as dividends, provided this Contract is in force on the date such dividends are to be paid.

Appears in 9 contracts

Samples: Tax Deferred Group Annuity Contract (Mutual of America Separate Account No 2), Individual Retirement Annuity Contract Roth (Mutual of America Separate Account No 2), Individual Retirement Annuity Contract Sep (Mutual of America Separate Account No 2)

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Participating Contract. This is a participating contract. Each year the Company shall will determine the amount of divisible surplus, if any, to be apportioned to this Contractcontract. The amount of any such divisible surplus shall will be credited to this Contract contract as dividends, provided this Contract is in force on the date such dividends are to be paid.

Appears in 1 contract

Samples: Individual Retirement Annuity Contract (Mutual of America Separate Account No 2)

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