Common use of Procedures for Order and Settlement Clause in Contracts

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "Close of Trading") on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("Instructions"), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "Accounts"). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receipt. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' then current prospectuses. (c) Provider and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("“Instructions"”), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "“Accounts"”). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receipt. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) Provider and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 6:30 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "Close of Trading") on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications Net asset value information will be communicated via the NSCC’s Networking email and or Mutual Fund Profile servicesfax. Daily accrual or distribution rate factor information will be communicated via email and or fax. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("Instructions"), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "Accounts")Portfolio. Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 8:30 a.m. Eastern Time on the next Business Day following receiptDay. Instructions received in proper form by Any trade that does not make the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on NSCC window will require an explanation by Company as to the second Business Day following receiptcause of the late submission for trade remediation purposes only. Subject to the Company’s 's compliance with the foregoing, MFD hereby appoints the Company as its limited purpose agent for the purpose of receiving Instructions from Policy holders, and the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' then current prospectuses. Orders for net purchases and/or net redemptions received by the Company prior to the Close of trading on any given Business Day and transmitted to the NSCC after 8:30 a.m. Eastern Time on the next Business Day, will be price protected until 10:00 a.m. Eastern Time; however, settlement will not occur until T +2 through the NSCC. (c) Provider The Company and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 6:30 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "Close of Trading") on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications Net asset value information will be communicated via the NSCC’s Networking email and or Mutual Fund Profile servicesfax. Daily accrual or distribution rate factor information will be communicated via email and or fax. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("Instructions"), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "Accounts")Portfolio. Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 8:30 a.m. Eastern Time on the next Business Day following receiptDay. Instructions received in proper form by Any trade that does not make the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on NSCC window will require an explanation by Company as to the second Business Day following receiptcause of the late submission for trade remediation purposes only. Subject to the Company’s 's compliance with the foregoing, MFD hereby appoints the Company as its limited purpose agent for the purpose of receiving Instructions from Policy holders, and the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' then current prospectuses. (c) Provider . Orders for net purchases and/or net redemptions received by the Company prior to the Close of trading on any given Business Day and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, transmitted to the NSCC rules and procedures.after

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider Tntstar and the Company, for each Portfolio, by 7:00 p.m. 7:00p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Eastem Time, the "Close of Trading") on each business day that the New York Stock Exchange is open for business (each a "Business Day Day") or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, . the daily accrual or distribution rate factor as it becomes available. All such notifications will be he communicated via the NSCC’s 's Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("Instructionslnstruc!ions"), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains mnintains (the "Accounts"). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business l3usiness Day shall be transmitted by Provider Trustar to MFD via the NSCC by 6:30 10:OO a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receiptDay. Subject to the Company’s 's compliance with the foregoingforcgoiny, the Business Day on which Instructions instrucrions are received by the Company in proper form prior to the Close Closc of Trading shall be the date dare as of which shares of the thc Portfolios are deemed purchased or redeemed pursuant to lo such Instructions. Dividends Instructions received in proper form by Principal Life after the Close of Trading on any given Rusiness Day shall be treated as if received on the next following Business Day. Dividcnds and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' then current prospectuses. (c) Provider and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("“Instructions"”), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "“Accounts"”). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receipt. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) Provider The Company and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider Trustar and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each business day that the New York Stock Exchange is open for business (each a “Business Day Day”) or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("“Instructions"”), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "“Accounts"”). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider Trustar to MFD via the NSCC by 6:30 10:00 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receiptDay. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Instructions received in proper form by Principal Life after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) Provider Trustar and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile servicesservices and any additional communication methods agreed upon by MFD and the Company. (b) Upon receipt of purchase and redemption instructions from the Policy holders owners (“Instructions”) for acceptance as of the Close of Trading on each Business Day ("Instructions")Day, the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (of the "Accounts")Accounts investing in the Portfolios under the Agreement. Orders for net purchases and/or net redemptions Instructions received in proper form by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider the Company to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receipt. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) Provider The Company and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and and/or the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("“Instructions"”), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account that it maintains (the "“Accounts"”). Orders The Company shall cause Provider to transmit to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given the preceding Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receiptDay. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receipt. Subject to the Company’s compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) MFD shall, and the Company shall cause Provider and MFD or its designee shall to, settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider Trustar and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "Close of Trading") on each business day that the New York Stock Exchange is open for business (each a "Business Day Day") or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s 's Networking or Mutual Fund Profile services. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("Instructions"), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "Accounts"). Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider Trustar to MFD via the NSCC by 6:30 10:00 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receiptDay. Subject to the Company’s 's compliance with the foregoing, the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Instructions received in proper form by Principal Life after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' then current prospectuses. (c) Provider Trustar and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.

Procedures for Order and Settlement. (a) MFD or its designee shall, subject to availability, furnish Provider and the Company, for each Portfolio, by 7:00 p.m. Eastern Time, the following: (1) net asset value information as of the close of trading (currently 4:00 p.m. Eastern Time, the "“Close of Trading"”) on each Business Day or at such other time as the net asset value of a Portfolio is calculated; and (2) as applicable, the daily accrual or distribution rate factor as it becomes available. All such notifications will be communicated via the NSCC’s Networking or Mutual Fund Profile servicesthe MFPS. (b) Upon receipt of purchase and redemption instructions from the Policy holders for acceptance as of the Close of Trading on each Business Day ("“Instructions"”), the Company shall calculate the net purchase or redemption order for each Portfolio for each omnibus account it maintains (the "Accounts")Portfolio. Orders for net purchases and/or net redemptions received by the Company prior to the Close of Trading on any given Business Day shall be transmitted by Provider to MFD or its designee via the NSCC by 6:30 a.m. Eastern Time on the next Business Day following receipt. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be transmitted by Provider to MFD via the NSCC by 6:30 a.m. Eastern Time on the second Business Day following receiptDay. Subject to the Company’s compliance with the foregoing, MFD hereby appoints the Company as its limited purpose agent for the purpose of receiving Instructions from Policy holders, and the Business Day on which Instructions are received by the Company in proper form prior to the Close of Trading shall be the date as of which shares of the Portfolios are deemed purchased or redeemed pursuant to such Instructions. Instructions received in proper form by the Company after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Dividends and capital gains distributions shall be automatically reinvested at net asset value in accordance with the Portfolios' ’ then current prospectuses. (c) Provider The Company and MFD or its designee shall settle net purchase and redemption transactions pursuant to, and in accordance with, NSCC rules and procedures.