VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall: a. solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law; b. vote Fund shares in accordance with instructions received from Contractholders or Participants; and c. vote Fund shares for which no instructions have been received in the same proportion as Fund shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies. 7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 4 contracts
Samples: Fund Participation Agreement (Annuity Investors Variable Account A), Fund Participation Agreement (Annuity Investors Variable Account A), Fund Participation Agreement (Annuity Investors Variable Account A)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- semi-annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. vote Fund the Series shares in accordance with instructions received from Contractholders or Participants; and
c. vote Fund Series shares for which no instructions have been received in the same proportion as Fund Series shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies.
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 2 contracts
Samples: Fund Participation Agreement (Annuity Investors Variable Account B), Fund Participation Agreement (Galic of New York Separate Account I)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. vote Fund the Series shares in accordance with instructions received from Contractholders or Participants; and
c. vote Fund Series shares for which no instructions have been received in the same proportion as Fund Series shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies.
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 2 contracts
Samples: Fund Participation Agreement (Annuity Investors Variable Account A), Fund Participation Agreement (Annuity Investors Variable Account A)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- annual reports to shareholders and other communications to shareholders in such quantity as Insurance Insurance, Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. (a) solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. (b) vote Fund the Series shares in accordance with instructions received from Contractholders or Participants; and
c. (c) vote Fund Series shares for which no instructions have been received in the same proportion as Fund Series shares for which instructions have been received. Insurance Company agrees at all times to votes its General Account shares in the same proportion as Series shares for which instructions have been received from Contractholders or Participants. Insurance Company further agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies.the
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 1 contract
Samples: Fund Participation Agreement (Provident Mutual Variable Annuity Separate Account)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- semi-annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. vote Fund shares in accordance with instructions received from Contractholders or Participants; and
c. vote Fund shares for which no instructions have been received in the same proportion as Fund shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies.
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 1 contract
Samples: Fund Participation Agreement (Annuity Investors Variable Account B)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. (a) solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. ; (b) vote Fund the Series shares in accordance with instructions received from Contractholders or Participants; and
c. and (c) vote Fund Series shares for which no instructions have been received in the same proportion as Fund Series shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund Series shares for the Separate Account is conducted in a manner consistent with other Participating Companies.
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfusits investment adviser, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the Contracts.
Appears in 1 contract
Samples: Fund Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)
VOTING OF FUND SHARES. 7.1 Fund shall provide Insurance Company with copies at no cost to Insurance Company, of the Fund's proxy material, annual and semi- semi-annual reports to shareholders and other communications to shareholders in such quantity as Insurance Company shall reasonably require for distributing to Contractholders or Participants. Insurance Company shall:
a. solicit voting instructions from Contractholders or Participants on a timely basis and in accordance with applicable law;
b. vote Fund shares in accordance with instructions received from Contractholders or Participants; and
c. vote Fund shares for which no instructions have been received in the same proportion as Fund shares for which instructions have been received. Insurance Company agrees to be responsible for assuring that voting Fund shares for the Separate Account is conducted in a manner consistent with other Participating Companies.
7.2 Insurance Company agrees that it shall not, without the prior written consent of the Fund and Dreyfus, solicit, induce or encourage Contractholders to (a) change or supplement the Fund's current investment adviser or (b) change, modify, substitute, add to or delete the Fund from the current investment media for the ContractsCcontracts.
Appears in 1 contract
Samples: Fund Participation Agreement (Annuity Investors Variable Account B)