Common use of Qualified Domestic Relations Orders (QDROs Clause in Contracts

Qualified Domestic Relations Orders (QDROs. If the Plan and we agree, we will impose a fee for the review and administration of a QDRO. The fee will be deducted from the Account Value of the affected Participants and/or the alternate payee and will equal $300.

Appears in 3 contracts

Samples: Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co)

AutoNDA by SimpleDocs

Qualified Domestic Relations Orders (QDROs. If the Plan and we agree, we will impose a fee for the review and administration of a QDRO. The fee will be deducted from the Account Value of the affected Participants Participant and/or the alternate payee and will equal $300. We reserve the right to change the amount of this fee. However, we must send you Written Notice at least 60 days before the new fee goes into effect.

Appears in 1 contract

Samples: Group Variable Annuity Contract (Standard Insurance Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!