Common use of Prospectuses and Promotional Material Clause in Contracts

Prospectuses and Promotional Material. Life of Virginia shall furnish CBC with copies of all prospectuses, statements of additional information, financial statements and other documents and materials which CBC reasonably requests for use in connection with the distribution of the Variable Contracts. Life of Virginia shall have responsibility for the preparation, filing and printing of all required prospectuses and/or registration statements in connection with the Variable Contracts, and the payment of all related expenses. CBC and Life of Virginia shall cooperate fully in the design, drafting and review of sales promotion materials, and with respect to the preparation of individual sales proposals related to the sale of the Variable Contracts. CBC shall not use or distribute any such materials not provided or approved by Life of Virginia.