Common use of Excessive Trading Clause in Contracts

Excessive Trading. Life Company represents and warrants that it has reasonable policies and procedures in place to monitor and restrict what Life Company determines to be disruptive trading. Life Company further represents and warrants that the prospectuses for the Contracts describes these monitoring procedures and the actions that the Life Company will take if it determines a Contract holder is exhibiting a disruptive trading pattern. Life Company further represents and warrants that such prospectus disclosure will indicate that the underlying funds may reject any single trade without any notice to the Contract holders. -----------------