Redemption Fees. As a procedure in furtherance of its policies on disruptive trading of Fund shares, the Fund may assess fees, to be paid by one or more Contract owners upon redemption of shares of one or more series or classes of the Fund within certain stated time periods after such shares have been purchased. The Fund agrees to provide Company 90 days notice of its intent to implement any redemption fee.
Appears in 6 contracts
Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (Variable Annuity Account A), Participation Agreement (Variable Annuity Account A)
Redemption Fees. As a procedure in furtherance of its policies on disruptive trading of Fund shares, the Fund may assess fees, to be paid by one or more Contract owners upon redemption of shares of one or more series or classes of the Fund within certain stated time periods after such shares have been purchased. The Fund agrees to provide Company 90 days notice of its intent to implement any redemption fee.
Appears in 2 contracts
Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv)
