Common use of Wrap Fees Associated with Additions and Withdrawals Clause in Contracts

Wrap Fees Associated with Additions and Withdrawals. If you make a net deposit of additional assets into your Account of $10,000 or more in a single day during a billing period, you will pay an additional Wrap Fee on the market value of the additional assets, prorated for the number of days including the date of the deposit, remaining in the billing period. The additional Wrap Fee will be due on the

Wrap Fees Associated with Additions and Withdrawals. If you make a net deposit of additional assets into your Account of $10,000 or more in a single day during a billing period, you will pay an additional Wrap Fee on the market value of the additional assets, prorated for the number of days including the date of the deposit, remaining in the billing period. The additional Wrap Fee will be due on thethe date you deposit the additional assets into your Account. You may request partial withdrawals from your Account on a systematic or ad hoc basis upon notice to Sponsor.