TRANSFER CHARGES. Equitable reserves the right to impose a charge with respect to any transfer among Investment Options after the number of free transfers, as specified in the Certificate, made on behalf of an Annuitant. The amount of such charge will be set forth in a notice from Equitable to the Contract Holder and each Owner and in no event will exceed any maximum amount stated in the Certificate.
Appears in 3 contracts
Sources: Group Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us), Group Annuity Contract (Equitable Life Assurance Society of the United States /Ny/), Group Annuity Contract (Separate Account No 45 of Equitable Life Assur Society of Us)