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AN-700 (03/21) 6 Alliance 2021 <br /> <br />ARTICLE 2 – PURPOSE OF CONTRACT <br /> <br />Section <br /> <br />2.01 This is a group fixed annuity Contract. This Contract may be used to fund all or part of the Plan's <br />obligation to the Participants. <br /> <br />2.02 The provisions of the Plan control the operation of the Plan. The provisions of the Contract control <br /> the operation of the Contract. <br /> <br />2.03 We are not a party to the Plan. The Plan is mentioned merely for reference purposes. Except for <br />the obligations provided under this Contract, we have no liability under the Plan. We are under no <br />obligation under or by reason of issuance of this Contract either (a) to determine whether any <br />payment or distribution under this Contract complies with the provisions, terms and conditions of <br />the Plan or with applicable law, or (b) to administer the Plan, including without limitation, any <br />provisions required by the Retirement Equity Act of 1984. <br /> <br />2.04 This Contract can be issued in connection with a Plan whic h meets the requirements of the Code <br />and is approved by Us. We may require evidence of the Plan’s tax-exempt status. <br /> <br /> <br />ARTICLE 3 – FUNDING <br />Section <br /> <br />3.01 Contributions must be made to Us at a location designated by Us. <br /> <br />3.02 Contributions may be subject to the Contribution Limits shown on the Contract Specifications, if <br />any. <br /> <br />3.03 We will credit interest daily on all Contributions as shown in the Contract Specifications. We <br />guarantee that we will credit an effective annual interest rate as shown in the Contract <br />Specifications, as of the date that the applicable rate was declared. <br /> <br />3.04 At least once during each Contract Year, we will provide a report of the Book Value. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />