GROUP ANNUITY CONTRACT
GROUP ANNUITY CONTRACT
Principal Life Insurance Company
000 Xxxx Xxxxxx
Xxx Xxxxxx, Xxxx 00000-0000
(000) 000-0000
in consideration of the application for this contract made by
TRUSTEES OF THE
NEW HORIZONS WORLDWIDE 401(K) RETIREMENT SAVINGS PLAN
(the Contractholder)
and payment of all Contributions and Annuity Premiums provided for in this contract, agrees to make payments to the person or persons entitled to them subject to the provisions of this contract.
This contract is delivered in California.
Contributions directed into a Separate Account are not guaranteed as to the dollar amount. They will increase or decrease in dollar amount, depending on the investment performance of such Separate Account, as set out in this contract.
This contract is issued and accepted subject to all the terms set out in it.
This contract is executed by Principal Life Insurance Company at its Corporate Center to take effect as of the 1st day of January, 2002 which is the Contract Date.
Senior Vice President and Corporate Secretary |
President and Chief Executive Officer |
Registrar
Date ___________________
GROUP CONTRACT NO. GA 4-47850
Flexible
Investment Annuity Group Contract
With Full Crediting Rates
and Pooled Separate Accounts GPA 5913-2
SCHEDULE OF SPECIFICATIONS
This Schedule is a part of the contract to which it is attached. Terms defined in the contract have the same meaning where used in this Schedule.
This is Schedule number 1 , effective January 1, 2002, It replaces all previous Schedules.
Plan Name: THE NEW HORIZONS WORLDWIDE 401(x) RETIREMENT SAVINGS PLAN
Deposit Year:
The initial Deposit Year begins on the Contract Date and ends on December 31, 2002 Subsequent Deposit Years begin on January 1 and the same day of each following year.
Options Available:
Guaranteed Interest Investments |
Riders and Special Attachments:
Separate Account Investment Rider - GP R 40119-4 CA Separate Account Investment Rider for Investment in Certain Funds - GP R 45897-2 California Guaranty Association Notice - GP 37904 CA-1 Flexible Investment Annuity Endorsement Rider - GP R 45038 Removal of Dividend Section Rider - GP 44609 |