Common use of XXX FUNDS VIP-RELATED CONTRACT OWNER SERVICES Clause in Contracts

XXX FUNDS VIP-RELATED CONTRACT OWNER SERVICES. Ivy Funds VIP shall provide such documentation (including the prospectus and SAI for each Portfolio in camera-ready or other electronic format at Ivy Funds VIP’s expense) and other assistance as is reasonably necessary in order for the Company once each year (or more frequently if the prospectus for the Portfolios is amended) to distribute the Portfolio’s prospectus to each Contract Owner and, as applicable, have the prospectus for the Contracts and the Portfolio’s prospectus printed together in one document (such printing to be at the Company’s expense). The Company shall bear the expense of printing copies of the current prospectus for the Contracts that will be distributed to existing Contract Owners, and the Company shall bear the expense of printing copies of each Portfolio’s prospectus that are used in connection with offering the Contracts issued by the Company. In accordance with Section 7 of the Agreement, Ivy Funds VIP, shall provide the Company with copies of its proxy material, reports to shareholders, and other communications to shareholders in such quantity as the Company shall reasonably require for distributing to Contract Owners. Company agrees to provide telephonic support for Contract Owners, including, without limitation, responding to inquiries about Ivy Funds VIP and each Portfolio (not including information about performance or related to sales), communicating with Contract Owners about Ivy Funds VIP (and Variable Account) performance. Ivy Funds VIP or its designee will be responsible for preparing and shipping Portfolio proxy materials to its vendor of choice. Company shall provide the necessary Contract Owner information to Ivy Funds VIP’s vendor of choice that will enable the vendor of choice to distribute the proxy materials to the Contract Owners.