Common use of Trading Authorization Clause in Contracts

Trading Authorization. Client hereby grants LPL and IAR complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Waived Mutual Funds (including UITs, closed-end funds and exchange-traded funds), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the Account. Client hereby appoints IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within Variable Annuities by contacting the Variable Annuity sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Account. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other client. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.

Trading Authorization. Client hereby grants LPL and IAR complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Load- Waived Mutual Funds (including UITs, closed-end funds and exchange-traded fundsETFs), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the Account. Client hereby appoints IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within Variable Annuities by contacting the Variable Annuity sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Account. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other client. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.

Trading Authorization. Client hereby grants LPL and IAR complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Waived Mutual Funds (including UITs, closed-end funds and exchange-traded funds), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the Account. Client hereby appoints IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and the protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within a Variable Annuities Annuity by contacting the Variable Annuity sponsor Sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Account. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other clientClient. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.

Trading Authorization. Client hereby grants LPL and or its IAR (so long as fully licensed with LPL) complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Waived Mutual Funds (including UITs, closed-end funds and exchange-traded funds), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the AccountClient’s Program account. Client hereby appoints the above named IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within Variable Annuities by contacting the Variable Annuity sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Accountaccount. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Client’s Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other client. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.

Trading Authorization. Client hereby grants LPL and IAR complete and unlimited discretionary trading authorization with respect to the purchase and sale of Nono-Load load and Loadload-Waived Mutual Funds (including waived mutual funds, UITs, closed-end funds and exchange-traded funds)ETFs, the sale of previously purchased Load Mutual Fundsload mutual funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the Account. Client hereby appoints IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are generally limited to covered calls and protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within Variable Annuities by contacting the Variable Annuity sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Account. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other client. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.

Trading Authorization. Client hereby grants LPL and or its IAR (so long as fully licensed with LPL) complete and unlimited discretionary trading authorization with respect to the purchase and sale of No-Load and Load-Waived Mutual Funds (including UITs, closed-end funds and exchange-traded funds), the sale of previously purchased Load Mutual Funds, and the purchase and sale (“Transfer”) of separate accounts within Variable Annuities, in the AccountClient’s Program account. Client hereby appoints the above named IAR as agent and attorney-in-fact with respect to this trading authorization. Client also authorizes IAR, acting at Client’s direction, to effect transactions in other securities approved by LPL for investment in the Account. Client acknowledges that option transactions in the Account are limited to covered calls and the protective puts. Other than as described in Section 16 and 17, LPL and IAR are not authorized to withdraw or transfer any money, securities or property either in the name of Client or otherwise. Client understands that IAR is prohibited from taking personal possession of Client securities, stock powers, monies or any other personal or real property in which Client may have an interest. In addition, Client understands that IAR may not lend to or borrow from Client any monies or securities. Client further agrees not to enter into any other business relationship with IAR including, but not limited to, helping to capitalize or finance any business of IAR. Client retains the right to Transfer separate accounts within the Variable Annuities by contacting the Variable Annuity sponsor Sponsor directly if desired. It is the Client’s responsibility to notify IAR promptly if this right is exercised so as to avoid potential adverse consequences to the Accountaccount. Client understands that LPL, IAR and their affiliates may perform advisory and/or brokerage services for various other clients, and that IAR may give advice or take actions for those clients that differ from the advice given or the timing or the nature of any action taken for the Client’s Account. In addition, LPL and IAR may, but are not obligated to, purchase or sell or recommend for purchase or sale any security which LPL or IAR or any of their affiliates may purchase or sell for their own accounts or the account of any other clientClient. In no event will LPL or IAR be obligated to effect any transaction for Client which it believes would violate any applicable state or federal law, rule or regulation, or the rules or regulations of any regulatory or self-regulatory body. This trading authorization is a continuing one and shall remain in full force and effect and be relied upon until LPL and IAR have received a copy of a written termination notice, which writing will be deemed to terminate this Agreement effective upon receipt.