Common use of CANCELLATION OF CONTRACT Clause in Contracts

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] years and your Account Value is less than [$2,000] on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-sub- accounts or our other income, gains or losses. Changes Within the Variable Account CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We Subject to regulatory approval, we may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Sub- Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account ------------------------------------------------------------------------------- VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account ------------------------------------------------------------------------------- VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to DVAZ-9712 NV 10 substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account ------------------------------------------------------------------------------- VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable Sub-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account DVAZ-9712 10 CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to:

CANCELLATION OF CONTRACT. If you have not made a purchase payment for more than [2] 2 years and your Account Value is less than [$2,000] 2,000 on a Contract Anniversary, we may cancel this Contract and pay you the Surrender Value as though you had made a full withdrawal. We will send you written notice at your address of record. You will be allowed 61 days from the date we mail you the notice to submit an additional purchase payment to us in an amount not less than the difference between [$2,000] 2,000 and the Account Value on the last Contract Anniversary. The additional purchase payment is subject to the limits and minimums shown in the Schedule. VARIABLE ACCOUNT -------------------------------------------------------------------------------- Variable Account VARIABLE ACCOUNT - A variable account is an investment account we maintain separate from our General Account and any other separate investment accounts we may have. We own the assets in a variable account. A variable account will not be charged with liabilities that arise from any other business that we conduct. We may transfer to our General Account assets that exceed the reserves and other liabilities of a variable account. A variable account may invest in mutual funds, unit investment trusts and other investment portfolios. Such a variable account is treated as a unit investment trust under Federal securities laws and is registered with the SEC under the Investment Company Act of 1940. We may offer certain series or variable accounts that may not be registered with the SEC under the Securities Act of 1933. Any such series or variable account, if offered, will be described in the applicable offering document. The Variable Account for this Contract is shown in the Schedule. The laws of our state of domicile govern this Variable Account. Variable SubDVA1-Accounts - A unit investment trust variable account includes variable sub-accounts, each investing in a designated investment portfolio. The sub-accounts and the investment portfolios in which they invest are specified in the prospectus or offering document. Income, gains or losses, realized and unrealized from assets in each variable sub-account are credited to or charged against that variable sub-account without regard to other income, gains or losses in the other sub-accounts or our other income, gains or losses. Changes Within the Variable Account 9712 CHANGES WITHIN THE VARIABLE ACCOUNT - We may, from time to time, make additional Variable Sub-Accounts available to you. These Sub-Accounts will invest in investment portfolios we find suitable for this Contract. We also have the right to eliminate Sub-Accounts, to combine two or more Sub-Accounts or to substitute a new investment portfolio for the portfolio in which a Sub-Account invests. Such an action may become necessary if, in our judgment, a portfolio or Sub-Account no longer suits the purposes of this Contract. This may happen due to a change in laws or regulations, or a change in a portfolio's or Sub-Sub- Account's investment objectives or restrictions, or because the portfolio or Sub-Account is no longer available for investment, or for some other reason. We will get prior approval from the insurance department of our state of domicile before taking such action. If required, this approval process will be on file with the insurance department of the jurisdiction in which this Contract is delivered. We will also get any required approval from the SEC and any other required approvals before taking such an action. Subject to any required regulatory approvals, we reserve the right to transfer assets of the Variable Sub-Accounts that we determine to be associated with the class of contracts to which this Contract belongs, to another variable account or variable sub-account. When permitted by law, we reserve the right to: