Common use of SUBSTITUTION OF INVESTMENT PORTFOLIOS Clause in Contracts

SUBSTITUTION OF INVESTMENT PORTFOLIOS. If: (a) the shares of the underlying investment portfolios in which the Subaccounts invest should no longer be available for investment by the Separate Account; or (b) in the judgment of the Board of Trustees further investment in the shares of an investment portfolio is no longer appropriate in view of the purpose of the Contract, then We may substitute shares of another underlying investment series, for shares already purchased, or to be purchased in the future by Purchase Payments under the Contract. No substitution of securities may take place without prior approval of the Securities and Exchange Commission and under such requirements as it may impose. ACCUMULATION PROVISIONS

SUBSTITUTION OF INVESTMENT PORTFOLIOS. If: (a) the shares of the underlying investment portfolios in which the Subaccounts invest should no longer be available for investment by the Separate Account; or (b) in the judgment judgement of the Board of Trustees Trustees, further investment in the shares of an investment portfolio is no longer appropriate in view of the purpose of the Contract, then We may substitute shares of another underlying investment series, series for shares already purchased, or to be purchased in the future by Purchase Payments under the Contract. No substitution of securities may take place without prior approval of from the Securities and Exchange Commission and under such requirements as it may impose. ACCUMULATION PROVISIONS

SUBSTITUTION OF INVESTMENT PORTFOLIOS. If: (a) the shares of the underlying investment portfolios in which the Subaccounts Variable Portfolios invest should no longer be available for investment by the Separate Account; or (b) in the judgment of the Board of Trustees further investment in the shares of an investment portfolio is no longer appropriate in view of the purpose of the Contract, then We may substitute shares of another underlying investment series, for shares already purchased, or to be purchased in the future by Purchase Payments under the Contract. No substitution of securities may take place without prior approval of the Securities and Exchange Commission and under such requirements as it may impose. ACCUMULATION PROVISIONS.

SUBSTITUTION OF INVESTMENT PORTFOLIOS. If: (a) the shares of the underlying investment portfolios in which the Subaccounts invest should no longer be available for investment by the Separate Account; or (b) in the judgment of the Board of Trustees further investment in the shares of an investment portfolio is no longer appropriate in view of the purpose of the Contract, then We may substitute shares of another underlying investment series, for shares already purchased, or to be purchased in the future by Purchase Payments under the Contract. No substitution of securities may take place without prior approval of the Securities and Exchange Commission and under such requirements as it may impose. ACCUMULATION PROVISIONS.

SUBSTITUTION OF INVESTMENT PORTFOLIOS. If: (a) the shares of the underlying investment portfolios in which the Subaccounts invest should no longer be available for investment by the Separate Account; or (b) in the judgment of the Board of Trustees further investment in the shares of an investment portfolio is no longer appropriate in view of the purpose of the ContractCertificate, then We may substitute shares of another underlying investment series, for shares already purchased, or to be purchased in the future by Purchase Payments under the ContractCertificate. No substitution of securities may take place without prior approval of the Securities and Exchange Commission and under such requirements as it may impose. ACCUMULATION PROVISIONS