AMD. 1 to the $100,000 minimum, and any Contributions made within that Certificate Year shall be allocated to a separate Participant Account and shall be evidenced by a separate certificate issued to the Participant. AUL may change the minimum Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change. This contract will not terminate solely because a Contribution is not made for any Contract Year.
Appears in 2 contracts
Sources: Ira Custodial Contract (Aul American Unit Trust), Ira Custodial Contract (Aul American Unit Trust)
AMD. 1 a Certificate Year) shall also be credited to that Participant Account. Any initial Contribution made within a different Certificate Year shall also be subject to the $100,000 minimum, and any Contributions Contri- butions made within that Certificate Year shall be allocated to a separate Participant Account and shall be evidenced by a separate certificate issued to the Participant. AUL may change the minimum Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change. This contract will not terminate solely because a Contribution is not made for any Contract Year.
Appears in 2 contracts
Sources: Custodial Contract (Aul American Unit Trust), Custodial Contract (Aul American Unit Trust)
AMD. 1 a Certificate Year) shall also be credited to that Participant Account. Any initial Contribution made within a different Certificate Year shall also be subject to the $100,000 minimum, and any Contributions made within that Certificate Year shall be allocated to a separate Participant Account and shall be evidenced by a separate certificate issued to the Participant. AUL may change the minimum Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change. This contract will not terminate solely because a Contribution is not made for any Contract Year.
Appears in 1 contract