Common use of TRANSFERS TO ANOTHER FINANCIAL INSTITUTION Clause in Contracts

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 relating to withdrawal charges. (c) Total Transfers at the Contract-Holder's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have not been cancelled, that the request has been received. Each notified person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if any. Each person who does not make an election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. The Contract-Holder may notify Prudential that this section 3.4(c) is to be inoperative. This section may be changed as provided in section 5.1.

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if anyinstitution. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made.. GVA-1000-87(24) Serial 310 3.3-3.4 (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to At the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 relating to withdrawal charges. (c) Total Transfers at the Contract-HolderXxxxxx's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another a financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have not been cancelled, that the request has been received. Each notified person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if anymade. Each person who does not make an this election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. The Contract-Holder may notify Prudential that this section 3.4(c3.4(b) is to be inoperative. This section may be changed as provided in section 5.1.

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers transfers at the Request of a Participant: The Withdrawal Value of any of the a Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GAA-7764) Serial 330 3.2-3.4 The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is madeAccount. (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts Account transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account 500, or the dollar value of the Participant's Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 3.1. relating to withdrawal charges. (c) Total Transfers at At the Contract-Holder's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th 9Oth day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have Account has not been cancelled, that the request has been received. Each notified person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts Account cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if any. Each person who does not make an this election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or All Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. Instead of making the transfer payment in cash, Prudential may make all or a part of it in the form of securities representing a uniform percentage of each holding of the separate investment account described in section 2.1. The Contract-Holder may notify Prudential that this section 3.4(c) is to be inoperative. This section may be changed as provided in section 5.1.. GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed the transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 relating to withdrawal charges. (c) Total Transfers at At the Contract-Holder's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have not been cancelled, that the request has been received. Each notified person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if any. Each person who does not make an election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. GVA-120-87 (24) Serial 320 3.4 The Contract-Holder may notify Prudential that this section 3.4(c3.4(b) is to be inoperative. This section may be changed as provided in section 5.1.

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if anyinstitution. The transfer may be GVA-1000-87(24) (as modified by Group Annuity Amendment Form GAA-7793) Serial 320 3.2-3.4 made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to At the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 relating to withdrawal charges. (c) Total Transfers at the Contract-HolderXxxxxx's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another a financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have not been cancelled, that the request has been received. Each notified person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if anymade. Each person who does not make an this election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. The Contract-Holder may notify Prudential that this section 3.4(c3.4(b) is to be inoperative. This section may be changed as provided in section 5.1.

TRANSFERS TO ANOTHER FINANCIAL INSTITUTION. (a) Total Transfers at At the Request of a Participant: The Withdrawal Value of any of the Participant's Accounts may be transferred to another financial institution but only under the conditions permitted by the Plan, if any. The transfer may be made directly to that institution or by a payment (or payments) to the Participant who then makes payment to the institution. The transfer will normally be made within seven days after Prudential's receipt of a duly completed transfer request. The transfer will be a full settlement of Prudential's liability for the Participant's Account from which the transfer is made. (b) Partial Transfers at the Request of Participants: A Participant may elect to have a portion of one or more of his Accounts transferred to another financial institution if permitted by the terms of the Plan, if any. The minimum withdrawal to provide a transfer is $500 from any single Account or the dollar value of the Account, if smaller. The transfer will normally be made within seven days of Prudential's receipt of a duly completed request for it. Prudential may, upon notice to At the Contract-Holder and Participants limit the frequency of transfers. This action will take effect on the date of the notice. Any transfer amount will be subject to the provisions of section 3.1 relating to withdrawal charges. (c) Total Transfers at the Contract-HolderXxxxxx's Request: The Contract-Holder may request Prudential to make transfer payments on behalf of all Participants to another financial institution named in the request. The transfer payment will be made on the Transfer Date. The Transfer Date is the later of the day specified in the request and the 90th day after its receipt by Prudential. Prudential will promptly notify each Participant, and each Beneficiary of a deceased Participant whose Accounts have not been cancelled, that the request has been received. Each notified _ person may elect, within 30 days following his receipt of the notice from Prudential, to have one or more of his Accounts cancelled and included in the transfer payment to be made but only under the conditions permitted by the Plan, if any. Each person who does not make an election to transfer will have his Account or Accounts retained under this contract pursuant to its terms. GVA-120-87 (24) (as modified by Group Annuity Amendment Form GAA-7764) Serial 340 3.4 The Account or Accounts of Participants and Beneficiaries who make the election will be cancelled as of the Transfer Date and an amount equal to the sum of the Withdrawal Values, expressed in Units of the cancelled Accounts, times the appropriate Subaccount Unit Value for the day of withdrawal will be transferred within seven days thereafter. GVA-120-87 (24) Serial 320 3.4 The Contract-Holder may notify Prudential that this section 3.4(c3.4(b) is to be inoperative. This section may be changed as provided in section 5.1.