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SECTION 2 -CONTRIBUTION PROVISIONS <br />(a} Contributions <br />During each GFA Year, the GFA Owner will remit to the Company all Contributions. <br />Such Contributions will be applied by the Gompairy to the General Account and/or <br />Separate Account for Accumulation Units in the Separate Account in accordance with the <br />Valuation Provisions. . <br />If an application or any other necessary information (collectively, "application") is <br />incomplete when received, the initial Contribution will be applied not later than two <br />business days. af#er the application is made complete. However, if an incomplete <br />"application" is not made complete within five business days of its initial receipt, the <br />Contribution will be returned unless the GFA Owner has been informed of the delay and <br />has requested that the. Contribution not be returned. <br />(b} Allocation/lnvestment of Contributions during the Accumulation Period <br />The GFA Owner shall specify that portion of a Contribution to be allocated to the General <br />.Accountand/or to each Sub-Accotmt of a Separate Account in multiples of 10% or a laver <br />multiple as specified by the Company from tune to time. The minimum amount that maybe <br />allocated to guy account to winch a portion of the Contribution is to be allocated is I% of <br />such Contribution providedthe -dollar amount is not less than S 10.00. Such allocation may <br />be changed by Written Notice received by the Company. <br />The inveshm~ent options available far this GFA under Separate Account457, as described <br />under the Contract Specifications Section, are set forfli in the most recent Administrative <br />Notice which is attached to and made part of this G'P'A <br />(c) Transfer or Re-Allocation of Contract Values within ~e Contrast /Related Contracts <br />The GFA Owner may transfer monies between accounts under this GFA during the <br />Accumulation Period, subject to the provisions of Section 2(c) and 3(d) and a~ay applicable <br />riders, endorsements or amendments. If elected by the GFA Owner and agreed to by the <br />Company, such transfers may also be made between accounts under this GFA and a <br />Related Contract and a Participant Directed Account Option and/or Employer Directed <br />Account Option.. Participant directed transfers and/or GFA Owner directed transfers made <br />between a Related Contract and made between a Participant Directed Account Option <br />and/or Employer Directed Acso~nt Option and aSub-Account shall also be subject to the <br />additional terms, conditions anal. restrictions specified in writing ~by $ie Company. Such <br />restrictions maybe changed by the Company from time to time in accordance with the <br />Company's administrative practices and procedures. The Compairy will provide the GFA <br />Owner with prior written notice of guy such changes. <br />Transfer of assets between Competing Funds are prohibited. <br />HL-16553 <br />