Common use of PROCESSING AND TIMING OF TRANSACTIONS Clause in Contracts

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor hereby appoints the Company as its agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, a "Business Day"), the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' transfer agent by 9:00 a.m. Central time on the next following Business Day will be executed at the net asset value determined as of the Close of Trading on the previous Business Day ("Day 1"). Any Orders received by the Company after the Close of Trading, and all Orders that are transmitted by the Company after 9:00 a.m. Central time on the next following Business Day, will be executed at the net asset value next determined following receipt of such Order. The day as of which an Order is executed pursuant to the provisions set forth above is referred to herein as the "Effective Trade Date".

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor hereby appoints the Company as its agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, a "Business Day"), the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' Fund's transfer agent by 9:00 a.m. Central time on the next following Business Day will be executed at the net asset value determined as of the Close of Trading on the previous Business Day ("Day 1"). Any Orders received by the Company after the Close of Trading, and all Orders that are transmitted by the Company after 9:00 a.m. Central time on the next following Business Day, will be executed at the net asset value next determined following receipt of such Order. The day as of which an Order is executed pursuant to the provisions set forth above is referred to herein as the "Effective Trade Date".

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor ACIS hereby appoints the Company as its agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, a "Business Day"), the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' transfer agent ACIS by 9:00 a.m. am. Central time on the next following Business Day will be executed by ACIS at the net asset value determined as of the Close of Trading on the previous Business Day ("Day 1"). Any Orders received by the Company after the Close of Trading, Trading and all Orders that are transmitted by the Company to ACIS after 9:00 a.m. Central time on the next following Business Day, Day will be executed by ACIS at the net asset value next determined following receipt by the Issuer of such Order. The day as of which an Order is executed by the Issuer pursuant to the provisions set forth above is referred to herein as the "Effective Trade Date".

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor hereby appoints the Company as its agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, . a "Business Day"), . the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' Fund's transfer agent by 9:00 a.m. Central time on the next following Business Day will be executed at the net asset value determined as of the Close of Trading on the previous Business Day ("Day 1I"). Any Orders received by the Company after the Close of Trading, and all Orders that are transmitted by the Company after 9:00 a.m. Central time on the next following Business Day, will be executed at the net asset value next determined following receipt of such Order. The day as of which an Order is executed pursuant to 10 the provisions set forth above is referred to herein as the "Effective Trade Date".

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor The Funds hereby appoints appoint the Company as its their agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, a "Business Day"), the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' transfer agent by 9:00 8:30 a.m. Central time on the next following Business Day will be executed at the net asset value determined as of the Close of Trading on the previous Business Day ("Day 1"). Any Orders received by the Company after the Close of Trading, and all Orders that are transmitted by the Company after 9:00 8:30 a.m. Central time on the next following Business Day, will be executed at the net asset value next determined following receipt of such Order. The day as of which an Order is executed pursuant to the provisions set forth above is referred to herein as the "Effective Trade Date".

PROCESSING AND TIMING OF TRANSACTIONS. (a) Distributor The Funds hereby appoints appoint the Company as its their agent for the limited purpose of accepting purchase and redemption orders for Fund shares from the Contract owners. On each day the New York Stock Exchange (the "Exchange") is open for business (each, a "Business Day"), the Company may receive instructions from the Contract owners for the purchase or redemption of shares of the Funds ("Orders"). Orders received and accepted by the Company prior to the close of regular trading on the Exchange (the "Close of Trading") on any given Business Day (currently, 3:00 p.m. Central time) and transmitted to the Funds' transfer agent by 9:00 8:30 a.m. Central time on the next following Business Day will be executed at the net asset value determined as of the Close of Trading Trading, on the previous Business Day ("Day 1"). Any Orders received by the Company after the Close of Trading, and all Orders that are transmitted by the Company after 9:00 8:30 a.m. Central time on the next following Business Day, will be executed at the net asset value next determined following receipt of such Order. The day as of which an Order is executed pursuant to the provisions set forth above is referred to herein as the "Effective Trade Date".