Common use of MARKET TIMERS Clause in Contracts

MARKET TIMERS. 7.1 LIFE COMPANY will develop, implement and maintain policies and procedures to discourage use of the Separate Accounts by market timers in consultation with TRUST7.2 LIFE COMPANY will use its best efforts to develop, implement and maintain procedures as necessary or applicable to further any market timing policies and procedures established by a Portfolio. 7.3 If a Portfolio or TRUST advises LIFE COMPANY that a pattern or patterns of transactions involving short-term trading in one or more Separate Accounts is having an adverse effect on the Portfolio, LIFE COMPANY may take steps to prevent such trading by identifying Separate Account participants engaged in such short-term trading and imposing complete or partial restrictions on their requests to purchase certain Shares by enforcing the excessive trading restriction provisions contained in the contract and the prospectus. 7.4 LIFE COMPANY will use its best efforts to monitor Separate Account participant activity in the Separate Accounts, and to control short-term trading and market-timing activity, and to further each Portfolio's policies regarding such trading activity.

MARKET TIMERS. 7.1 LIFE COMPANY will develop, implement and maintain policies and procedures to discourage use of the Separate Accounts by market timers in consultation with TRUST7.2 TRUST 7.2 LIFE COMPANY will use its best efforts to develop, implement and maintain procedures as necessary or applicable to further any market timing policies and procedures established by a Portfolio. 7.3 If a Portfolio or TRUST advises LIFE COMPANY that a pattern or patterns of transactions involving short-term trading in one or more Separate Accounts is having an adverse effect on the Portfolio, LIFE COMPANY may take steps to prevent such trading by identifying Separate Account participants engaged in such short-term trading and imposing complete or partial restrictions on their requests to purchase certain Shares by enforcing the excessive trading restriction provisions contained in the contract and the prospectus. 7.4 LIFE COMPANY will use its best efforts to monitor Separate Account participant activity in the Separate Accounts, and to control short-term trading and market-timing activity, and to further each Portfolio's policies regarding such trading activity.