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SECTION 8 -EFFECT OF GROUP FUNDING A1T DISCQNTINUANCE <br />On. and after the Date of Discontinuance as defined in the GFA Discontinuance Provisions of <br />Section 7, no Contributions will be payable to, or accepted by, the Company. Notwithstanding <br />arty other provision of this GFA to fhe contrary, after the Date of Discontinuance, GFA values <br />shalt be paid solely in accordance with this Section 8: <br />(a) General Account V slues <br />The total amount of all General Account values under the GFA shall be reduced, as of the <br />Date of Discontinuance, by any Premium Taxes•not previously deducted <br />The resulting amount shall be referred. to as the `Balance at Discontinuance." <br />The Balance at Discontinuance shall be credited with interest ax a rate of not less than three (3) <br />percent per annum commencing on the Data of Discontinuance. <br />(b) GFA Funds field Under the Separate Account(s) <br />As of the Date of Discontinuance, if applicable, all GEAFunds held under the Separate <br />Accounts. shall be reduced b9 any Premium Taxes not previously deducted. <br />The resulting amount shah be paid within seven (7) days following the Date of <br />Discontinuance except as the Company may be pernutted to defer payment under <br />applicable law or as otherwise agreed to by the Company and ~e GFA Qwner. <br />HL-16553 21 <br />