Common use of PROCESSING OF TRANSACTIONS Clause in Contracts

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other electronic transmission acceptable to the Company the Funds’ net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated factor (mil rate), determined at the Close of Trading. (2) By 10:00 p.m. Eastern Time on each Business Day, the Company will provide to ACIM via facsimile or other electronic transmission acceptable to ACIM a report stating whether the instructions received by the Company from Contract owners by the Close of Trading on such Business Day resulted in the Accounts being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “other electronic transmission acceptable to ACIM: includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “Remote Computer Terminals”). (3) Upon the timely receipt from the company of the report described in (2) above, the Funds’ transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“T+1”). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1; provided, however, the Issuer reserves the right to settle redemption transactions within the time period set forth in the applicable Fund’s then-current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other direct electronic transmission acceptable to the Company Company, or if such transmission is unavailable for any reason, via facsimile, the Funds’ net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. In the event any adjustment is required to correct any error in the computation of the net asset value of a Fund’s shares at the shareholder level as a result of a pricing error that is deemed to be material under the pricing policy of the Fund’s Board of Directors or which ACIM otherwise deems necessary to correct at the Account level, ACIM and the Company shall work together to correct the Accounts. ACIM shall reimburse the Company its reasonable out-of-pocket expenses, not including overtime wages, incurred in correcting the Accounts. (2) By 10:00 p.m. 9:30 a.m. Eastern Time time on each Business Day, the Company will provide to ACIM via facsimile or other direct electronic transmission acceptable to ACIM ACIM, or if such transmission is unavailable for any reason, via facsimile a report stating whether the instructions received by the Company from Contract owners by the Close of Trading on such the prior Business Day resulted in the Accounts Account being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “other electronic transmission acceptable to ACIM: includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “Remote Computer Terminals”). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“T+1”). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1T+l; provided, however, the Issuer reserves the right to settle redemption transactions within the time period set forth in the applicable Fund’s then-current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s 's Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ ' transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other electronic transmission acceptable to the Company the Funds’ ' net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. If ACIM (or one of its affiliates) provides the Company with a materially incorrect net asset value for any Fund, the Company, on behalf of the Accounts, shall be entitled to an adjustment to the number of shares purchased or redeemed to reflect the correct share net asset value. Any material error in the calculation of net asset value per share, dividend or capital gain information shall be reported to the Company promptly upon discovery. If the Company has been provided with a materially incorrect net asset value for any Fund, ACIM shall reimburse the Company its reasonable out-of-pocket expenses in correcting records, including costs of outside service providers incurred specifically because of the error, printing and postage. (2) By 10:00 p.m. 9:00 a.m. Eastern Time time on each Business Day, the Company will provide to ACIM via facsimile or other electronic transmission acceptable to ACIM a report stating whether the instructions received by the Company from Contract owners by the Close of Trading on such the immediately prior Business Day resulted in the Accounts being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “"other electronic transmission acceptable to ACIM: " includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “"Remote Computer Terminals”"). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ ' transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s 's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“"T+1”"). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1; provided, however, the Issuer reserves the right to settle redemption -------- ------- transactions within the time period set forth in the applicable Fund’s then-'s then- current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s 's Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ ' transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other electronic transmission acceptable to the Company the Funds’ ' net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. (2) By 10:00 p.m. a.m. Eastern Time time on each Business Day, the Company will provide to ACIM via facsimile or other electronic transmission acceptable to ACIM a report stating whether the instructions received by the Company from Contract owners by the Close of Trading on such the prior Business Day resulted in the Accounts being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “"other electronic transmission acceptable to ACIM: " includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “"Remote Computer Terminals”"). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ ' transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s 's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“"T+1”"). If payment for a purchase Order is not timely received, such Order will be, at ACIM's option, either (i) executed at the net asset value determined on the Trade Date, and the Company shall be responsible for all costs to ACIM or the Funds resulting from such delay, or (ii) executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions transaction s shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1T+2; provided, however, the Issuer reserves the right to settle redemption -------- ------- transactions within the time period set forth in the applicable Fund’s then-'s then- current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide written confirmation to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of the amount of shares traded and the associated cost per share (net asset value) total trade amount and the outstanding Fund shares owned share balances held by the Accounts Account as of the prior end of each Business Day. Such confirmation information will be furnished by 1:00 p.m. Eastern time on the next Business Day. (5) ACIM shall use its best efforts to furnish same day notice by 6:30 p.m. Eastern time (by wire or telephone, followed by written confirmation) to the Company of any dividends or capital gain distributions payable on the Fund's shares. The Company hereby elects to receive all such dividends and capital gain distributions as are payable on the Fund shares in additional shares of the Fund. The Company reserves the right to revoke this election and to receive all such dividends and capital gain distributions in cash. ACIM shall notify the Company of the number of shares so issued as payment of such dividends and distributions. ACIM shall use its best efforts to furnish the Company with at least ten (10) business days' advance notice of the day such dividend(s) and distribution(s) are expected to be paid. (c) In the event adjustments are required to correct any error in the computation of the net asset value of any Fund's shares at the shareholder level as a result of a pricing error that is deemed to be material under the pricing policy of the Fund's Board of Directors or which ACIM otherwise deems necessary to correct at the shareholder level, ACIM shall notify the Company as soon as practicable after discovering the need for those adjustments which result in a reimbursement to the Accounts. Notification shall be provided made by facsimile or other electronic transmissionby direct or indirect systems access acceptable to the Company. (1) If one or more of the Accounts received amounts from any Fund in excess of the amounts to which it otherwise would have been entitled prior to an adjustment for an error, the Company will use its best efforts to collect such excess amounts from the applicable Accounts. (2) If an adjustment is to be made in accordance with subsection (a) above to correct an error which has caused an Account to receive an amount less than that to which it is entitled, the Fund shall use its best efforts to make all necessary adjustments to the number of shares owned in the account and/or distribute to the Company the amount of such underpayment for credit to the Accounts. (3) For purposes of making adjustments as provided above, the Funds will apply the same standards to all shareholders.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s 's Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ ' transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other electronic transmission acceptable to the Company the Funds’ ' net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. (2) By 10:00 p.m. Eastern Time on time each Business Day, the Company will provide to ACIM via facsimile fascsimile or other electronic transmission acceptable to ACIM a report stating whether the instructions received receive by the Company from Contract owners by the Close of Trading on such Business Day resulted in the Accounts being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “"other electronic transmission acceptable to ACIM: " includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, affiliates which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafterhereafter, “"Remote Computer Terminals”"). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ ' transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s 's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“"T+1”"). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1; provided, however, the Issuer reserves the right to settle -------- ------- redemption transactions within the time period set forth in the applicable Fund’s 's then-current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.a.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s 's Mutual Fund Settlement, ,Entry, and Registration Verification (Fund/SERVFundSERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ ' transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM AClM (or one of its affiliates) will provide to the Company via facsimile or other direct electronic transmission acceptable to the Company Company, or if such transmission is unavailable for any reason, via facsimile, the Funds’ ' net asset value, dividend and capital gain gh information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. In the event any adjustment is required to correct any error in the computation of the net asset value of a Fund's shares at the shareholder level as a result of a pricing error that is deemed to be material under the pricing policy of the Fund's Board of Directors or which ACIM otherwise deems necessary to correct at the Account level, ACIM and the Company shall work together to correct the Accounts. ACIM shall reimburse the Company its reasonable out-of-pocket expenses, not including overtime wages, incurred in correcting the Accounts. (2) By 10:00 p.m. 9:30 a.m. Eastern Time tirne on each Business Day, the Company will provide to ACIM via facsimile or other direct electronic transmission acceptable to ACIM ACIM, or if such transmission is unavailable for any reason, via facsimile a report stating whether the instructions received by the SSA-Insurance.Mix.The Principal.3 Much 18. 1999 Company from fi-om Contract owners by the Close of Trading on such the prior Business Day resulted resukd in the Accounts Account being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “other electronic transmission acceptable to ACIM: includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “Remote Computer Terminals”). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ ' transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s 's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“T+1”"T+l"). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1; provided, however, the Issuer reserves the right to settle redemption transactions within the time period set forth in the applicable Fund’s 's then-current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.

PROCESSING OF TRANSACTIONS. (a) If transactions in Fund shares are to be settled through the National Securities Clearing Corporation’s 's Mutual Fund Settlement, Entry, and Registration Verification (Fund/SERV) system, the terms of the FUND/SERV AGREEMENT, between Company and American Century Services Corporation, shall apply. (b) If transactions in Fund shares are to be settled directly with the Funds’ ' transfer agent, the following provisions shall apply: (1) By 6:30 p.m. Eastern time on each Business Day, ACIM (or one of its affiliates) will provide to the Company via facsimile or other direct electronic transmission acceptable to the Company Company, or if such transmission is unavailable for any reason, via facsimile, the Funds’ ' net asset value, dividend and capital gain information and, in the case of income funds, the daily accrual for interest rated rate factor (mil rate), determined at the Close of Trading. In the event any adjustment is required to correct any error in the computation of the net asset value of a Fund's shares at the shareholder level as a result of a pricing error that is deemed to be material under the pricing policy of the Fund's Board of Directors or which ACIM otherwise deems necessary to correct at the Account level, ACIM and the Company shall work together to correct the Accounts. ACIM shall reimburse the Company its reasonable out-of-pocket expenses, not including overtime wages, incurred in correcting the Accounts. (2) By 10:00 p.m. 9:30 am. Eastern Time time on each Business Day, the Company will provide to ACIM via facsimile or other direct electronic transmission acceptable to ACIM ACIM, or if such transmission is unavailable for any reason, via facsimile a report stating whether the instructions received by the Company from Contract owners by the Close of Trading on such the prior Business Day resulted resu1~d in the Accounts Account being a net purchaser or net seller of shares of the Funds. As used in this Agreement, the phrase “other electronic transmission acceptable to ACIM: includes the use of remote computer terminals located at the premises of the Company, its agents or affiliates, which terminals may be linked electronically to the computer system of ACIM, its agents or affiliates (hereinafter, “Remote Computer Terminals”). (3) Upon the timely receipt from the company Company of the report described in (2) above, the Funds’ ' transfer agent will execute the purchase or redemption transactions (as the case may be) at the net asset value computed as of the Close of trading Trading on the Trade Date. Payment for net purchase transactions shall be made by wire transfer to the applicable Fund custodial account designated by the Funds on the Business Day next following the Trade Date. Such wire transfers [page break] shall be initiated by the Company’s 's bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the Business Day next following the Trade Date (“"T+1”"). If payment for a purchase Order is not timely received, such Order will be executed at the net asset value next computed following receipt of payment. Payments for net redemption transactions shall be made by wire transfer by the Issuer to the account(s) designated by the Company on T+1T+l; provided, however, the Issuer reserves the right to settle redemption transactions within the time period set forth in the applicable Fund’s 's then-current prospectus. On any Business Day when the Federal Reserve Wire Transfer System is closed, all communication and processing rules will be suspended for the settlement of Orders. Orders will be settled on the next Business Day on which the Federal Reserve Wire Transfer System is open and the original Trade Date will apply. (4) ACIM shall provide to the Company by 10:00 a.m. Eastern Time on each Business Day a confirmation of outstanding Fund shares owned by the Accounts as of the prior Business Day. Such confirmation shall be provided by facsimile or other electronic transmission.