Common use of Limitations on Transfers Clause in Contracts

Limitations on Transfers. (a) The Participant may not direct a transfer with regard to his Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred. (b) Amounts transferred from the Fixed Interest Account on behalf of a Participant during any Contract Year shall not exceed 20% of the Participant Account's share of the Fixed Interest Account determined as of the last Contract Anniversary preceding the request for transfer, or the Participant Account's entire share of the Fixed Interest Account if such share would be less than $500 after the transfer. (c) Amounts under this contract which have been transferred from other group annuity contracts, whether issued by AUL or otherwise, shall be allocated pursuant to the provisions of Section 3.2. (d) AUL reserves the right to change the limitation on the minimum transfer, to change the limit on remaining balances, to limit the number and frequency of transfers, to suspend the transfer privilege provided in Sections 3.4 and 3.5, and to impose a charge on a transfer. (e) Where a Participant has outstanding loans under this contract, a transfer from the Fixed Interest Account to the Variable Account shall be permitted only to the extent that the remaining Withdrawal Value of the Participant held in the Fixed Interest Account equals twice the total of the Participant's outstanding loans under this contract.

Limitations on Transfers. (a) The Participant may not direct a transfer with regard to his Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred. (b) Amounts transferred from the Fixed Interest Account on behalf of a Participant during any Contract Year shall not exceed 20% of the Participant Account's share of the Fixed Interest Account determined as of the last Contract Anniversary preceding the request for transfer, or the Participant Account's entire share of the Fixed Interest Account if such share would be less than $500 after the transfer. (c) Amounts under this contract which have been transferred from other group annuity contracts, whether issued by AUL or otherwise, shall be allocated pursuant to the provisions of Section 3.2. (d) AUL reserves the right to change the limitation on the minimum transfer, to change the limit on remaining balances, to limit the number and frequency of transfers, to suspend the transfer privilege provided in Sections 3.4 and 3.5, and to impose a charge of not more than $25 on a transfer. (e) Where . AUL reserves the right to change the maximum limit on such transfer charge upon delivery of written notice to the Contractholder. Any such change in the maximum limit shall apply only to transfers by an individual who becomes a Participant has outstanding loans under this contracton or after the effective date of such change, and shall apply as long as that individual remains a transfer from the Fixed Interest Account to the Variable Account shall be permitted only to the extent that the remaining Withdrawal Value of the Participant held in the Fixed Interest Account equals twice the total of the Participant's outstanding loans under this contract.. P-12867.10 (PA)

Limitations on Transfers. (a) The Participant may not direct a transfer with regard to his Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred. (b) Amounts transferred from the Fixed Interest Account on behalf of a Participant during any Contract Year shall not exceed 20% of the Participant Account's share of the Fixed Interest Account determined as of the last Contract Anniversary preceding the request for transfer, or the Participant Account's entire share of the Fixed Interest Account if such share would be less than $500 after the transfer. (c) Amounts under this contract which have been transferred from other group annuity contracts, whether issued by AUL or otherwise, shall be allocated pursuant to the provisions of Section 3.2. (d) AUL reserves the right to change the limitation on the minimum transfer, to change the limit on remaining balances, to limit the number and frequency of transfers, to suspend the transfer privilege provided in Sections 3.4 and 3.5, and to impose a charge of not more than $25 on a transfer. (e) Where . AUL reserves the right to change the maximum limit on such transfer charge upon delivery of written notice to the Contractholder. Any such change in the maximum limit shall apply only to transfers by an individual who becomes a Participant has outstanding loans under this contracton or after the effective date of such change, and shall apply as long as that individual remains a transfer from the Fixed Interest Account to the Variable Account shall be permitted only to the extent that the remaining Withdrawal Value of the Participant held in the Fixed Interest Account equals twice the total of the Participant's outstanding loans under this contract.. P-12566.11 (PA)

Limitations on Transfers. (a) The Participant may not direct a transfer with regard to his Participant Account's share of any Investment Option in an amount less than $500 or the Participant Account's entire share, if less than $500. If such a transfer reduces the Participant Account's remaining share of an Investment Option to less than $500, the entire remaining share shall also be transferred. (b) Amounts transferred from the Fixed Interest Account on behalf of a Participant during any Contract Year shall not exceed 20% of the Participant Account's share of the Fixed Interest Account determined as of the last Contract Anniversary preceding the request for transfer, or the Participant Account's entire share of the Fixed Interest Account if such share would be less than $500 after the transfer. (c) Amounts under this contract which have been transferred from other group annuity contracts, whether issued by AUL or otherwise, shall be allocated pursuant to the provisions of Section 3.2. (d) AUL reserves the right to change the limitation on the minimum transfer, to change the limit on remaining balances, to limit the number and frequency of transfers, to suspend the transfer privilege provided in Sections 3.4 and 3.5, and to impose a charge of not more than $25 on a transfer. (e) Where . AUL reserves the right to change the maximum limit on such transfer charge upon delivery of written notice to the Contractholder. Any such change in the maximum limit shall apply only to transfers by an individual who becomes a Participant has outstanding loans under this contracton or after the effective date of such change, and shall apply as long as that individual remains a transfer from the Fixed Interest Account to the Variable Account shall be permitted only to the extent that the remaining Withdrawal Value of the Participant held in the Fixed Interest Account equals twice the total of the Participant's outstanding loans under this contract.. P- 12867.10 (PA) A Mutual Company G-11020B