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Exhibit 10.18
LOADS, FEES, AND CHARGES
(SUBJECT TO AMENDMENT, SECTION 6.5)
DEDUCTIONS FROM PURCHASE PAYMENTS (SECTION 4.3):
INSTALLATION FEE: $ 750
SALES LOAD: NOT APPLICABLE
ANNUAL ANNUITY RATE AND EXPENSE GUARANTEE CHARGE (SECTION 2.4):
1.25% AT ISSUE: 1.50% MAXIMUM
ADMINISTRATION FEE (SECTION 6.7):
$ 150 PER YEAR IF THE CONTRACT VALUE IS LESS THAN $ 25,000 ON THE CONTRACT ANNIVERSARY
TRANSFER FEE (SECTION 4.4)
$ 25 PER TRANSFER BEGINNING WITH THE THIRTEENTH TRANSFER IN ANY CONTRACT YEAR
PURCHASE PAYMENTS AND ACCUMULATED VALUE
MINIMUM PURCHASE PAYMENT:
$ 100
GUARANTEED RETURN FUND ACCOUNTS MAXIMUM (SECTION 3.4):
$ 10,000,000
MINIMUM CONTRACT VALUE (SECTION 6.7):
$ 25,000 BEGINNING ON THE FIRST CONTRACT ANNIVERSARY
OWNER | TRUSTEES OF JOHN DOE CORPORATION TRUST | |||
CONTRACT NUMBER | 10 000 001 | |||
CONTRACT DATE | MAY 3, 1994 | |||
NPV. 1C. (0594) | PAGE 3 | 124 | ||
Simplified Load |
135