Common use of Suspension of Payments or Transfers Clause in Contracts

Suspension of Payments or Transfers. We may be required to suspend or delay the payment of death benefits, the calculation of Annuity Payments, withdrawals, and transfers when we cannot obtain an Index Value under the following circumstances: • the New York Stock Exchange is closed (other than customary weekend and holiday closings); • trading on the New York Stock Exchange is restricted; • an emergency exists such that we cannot value Investment Amounts; or • during any other period when a regulator by order, so permits.

Suspension of Payments or Transfers. We may be required to suspend or delay the payment of death benefits, the calculation of Annuity Payments, withdrawals, and transfers when we cannot obtain an Index Value under the following circumstances: • ● the New York Stock Exchange is closed (other than customary weekend and holiday closings); • ● trading on the New York Stock Exchange is restricted; • ● an emergency exists such that we cannot value Investment Amounts; or • ● during any other period when a regulator by order, so permits.