Common use of Reallocation of Participant Accounts Clause in Contracts

Reallocation of Participant Accounts. The Contractholder, in accordance with Plan provisions, may direct AUL to reallocate all or a portion of the Account Value of any Participant Account among other Participant Accounts. The Contractholder shall certify that such reallocation is in accordance with Plan provisions.

Appears in 2 contracts

Samples: Employer Sponsored Qualified New Multiple Fund Va Contract (Aul American Unit Trust), Employer Sponsored Qualified Variable Annuity Contract (Aul American Unit Trust)

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Reallocation of Participant Accounts. The Contractholder, in accordance with Plan provisionsthe provisions of the Plan, may direct AUL to reallocate all or a portion of the Account Value of any Participant Account among other Participant Accounts. The Contractholder shall certify that such reallocation is in accordance with Plan provisions.

Appears in 2 contracts

Samples: Employer Sponsored Contract (Aul American Unit Trust), Employer Sponsored Benefit Contract (Aul American Unit Trust)

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