Common use of Market Timing and Excessive Clause in Contracts

Market Timing and Excessive. Trading GWL & A and FGWL & A (collectively, the "Companies") represent that they have instituted policies and procedures designed to discourage market timing and excessive trading by Contract owners and implement the Fund's policy on such activity as set forth in its prospectus. The Companies agree to cooperate fully with the Advisor or the Distributor for the purpose of preventing market timing and excessive trading, and will upon request furnish to the Advisor or the Distributor such information as either of them may consider necessary or desirable to review the possible existence and extent of market timing or excessive trading by any Contract owner. The Companies will take any and all such actions as the Advisor or the Distributor may reasonably request in order to terminate any pattern of trading that either of them consider to be market timing or excessive trading including, without limitation, those actions described in the prospectuses for the Contracts.