Rule 12b-1 Fee. a. The Series will pay Insurance Company a Rule 12b-1 service fee to be accrued daily and paid monthly at an annual rate of 0.25% of the average daily net assets of the Class 4 and Class P2 assets of each Fund attributable to the Contracts for personal services and account maintenance services for Contract owners with investments in Subaccounts corresponding to the Class 4 and Class P2 shares of each Fund so long as the Series’ 12b-1 plans are effective with respect to the Class 4 shares and Class P2 shares of a Fund. Such payments shall be calculated by the Series and be paid by the Series to Insurance Company as soon as practicable after the end of each month and in any event within thirty days.
Appears in 4 contracts
Samples: Business Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Business Agreement (Separate Account a of Pacific Life Insurance Co), Business Agreement (Separate Account a of Pacific Life & Annuity Co)
Rule 12b-1 Fee. a. The Series will pay Insurance Company a Rule 12b-1 service fee to be accrued daily and paid monthly at an annual rate of 0.25% of the average daily net assets of the Class 4 and Class P2 assets of each Fund attributable to the Contracts for personal services and account maintenance services for Contract owners Contractholders with investments in Subaccounts corresponding to the Class 4 and Class P2 shares of each Fund so long as the Series’ 12b-1 plans are plan is effective with respect to the Class 4 shares and Class P2 shares of a Fund. Such payments shall be calculated by the Series and be paid by the Series to Insurance Company as soon as practicable after the end of each month and in any event within thirty days.
Appears in 2 contracts
Samples: Business Agreement (Separate Account I of National Integrity Life Ins Co), Business Agreement (Separate Account I of National Integrity Life Ins Co)
Rule 12b-1 Fee. a. The Series will pay Insurance Company a Rule 12b-1 service fee to be accrued daily and paid monthly at an annual rate of 0.25% of0.25o/o of the average daily net assets of the Class 2, 4 and Class P2 assets of each Fund attributable to the Contracts for personal services and account maintenance services for Contract owners with investments in Subaccounts corresponding to the Class 2, 4 and Class P2 shares of each Fund so long as the Series’ ' 12b-1 plans are plan is effective with respect to the Class 2, 4 shares and Class P2 shares of a Fund. Such payments shall be calculated by the Series and be paid by the Series to Insurance Company as soon as practicable after the end of each month and in any event within thirty days.
Appears in 1 contract
Samples: Business Agreement (Principal Life Insurance Co Variable Life Sep Account)
Rule 12b-1 Fee. a. The Series will pay Insurance Company a Rule 12b-1 service fee to be accrued daily and paid monthly at an annual rate of 0.25% of the average daily net assets of the Class 4 and Class P2 assets of each Fund attributable to the Contracts for personal services and account maintenance services for Contract owners with investments in Subaccounts corresponding to the Class 4 and Class P2 shares of each Fund so long as the Series’ 12b-1 plans are plan is effective with respect to the Class 4 shares and Class P2 shares of a Fund. Such payments shall be calculated by the Series and be paid by the Series to Insurance Company as soon as practicable after the end of each month and in any event within thirty (30) days.
Appears in 1 contract
Samples: Business Agreement (National Variable Annuity Account Ii)