Common use of the Variable Investment Options to rebalance Clause in Contracts

the Variable Investment Options to rebalance. If you have chosen portfolio rebalancing at the time of application for this Contract, we will rebalance the Variable Investment Options you have chosen on the application based on the allocation percentages you have specified for those Variable Investment Options. Otherwise, we will rebalance the Variable Investment Options you have chosen based on the allocation percentages you have specified for those Variable Investment Options on the rebalancing request. Rebalancing may result in transferring amounts from a Variable Investment Option earning a relatively higher return to one earning a relatively lower return. Portfolio rebalancing will continue until the earlier of: (i) your request to stop portfolio rebalancing is effective; or (ii) the Annuity Date. Earnings Sweep Transfer Option — An earnings sweep automatically transfers the earnings attributable to the Money Market Subaccount (the “sweep option”) to one or more other Investment Options. The Account Value of the Money Market Subaccount must be at least $5,000 to begin earnings sweep. Your transfer request must specify:

Appears in 3 contracts

Samples: Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co

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the Variable Investment Options to rebalance. If you have chosen portfolio rebalancing at the time of application for this Contract, we will rebalance the Variable Investment Options you have chosen on the application based on the allocation percentages you have specified for those Variable Investment Options. Otherwise, we will rebalance the Variable Investment Options you have chosen based on the allocation percentages you have specified for those Variable Investment Options on the rebalancing request. Rebalancing may result in transferring amounts from a Variable Investment Option earning a relatively higher return to one earning a relatively lower return. Portfolio rebalancing will continue until the earlier of: (i) your request to stop portfolio rebalancing is effective; or (ii) the Annuity Date. Earnings Sweep Transfer Option An earnings sweep automatically transfers the earnings attributable to the Money Market Subaccount (the “sweep option”) to one or more other Investment Options. The Account Value of the Money Market Subaccount must be at least $5,000 to begin earnings sweep. Your transfer request must specify:

Appears in 3 contracts

Samples: Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co

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