Common use of Shareholders Defined Clause in Contracts

Shareholders Defined. For purposes of this Agreement, the term shareholder means the holder of interests in a variable annuity or variable life insurance contract funded through the Intermediaries (“Contract”), or a participant in an employee benefit plan with a beneficial interest in a Contract.

Shareholders Defined. For purposes of this Agreement, the term shareholder means the holder of interests in a variable annuity or variable life insurance contract funded through the Intermediaries (“Contract”), or a participant in an employee benefit plan with a beneficial interest in a Contract.. [page break]

Shareholders Defined. For purposes The term "Shareholder" means the beneficial owner of this AgreementShares, whether the Shares are held directly or by the Intermediary in nominee name. With respect to any Shares held by a retirement plan ("Plan"), the term shareholder "Shareholder" also means the holder of interests in a variable annuity or variable life insurance contract funded through the Intermediaries (“Contract”)Plan participant, or a participant in an employee benefit plan with a beneficial interest in a Contract.notwithstanding that