Common use of Exchange of Annuity Units Clause in Contracts

Exchange of Annuity Units. After annuity payouts begin, Annuity Units of any Variable Sub-Account may be exchanged for units of any of the other Variable Sub-Accounts. This may be done no more than once a year. Once annuity payouts start, no exchanges may be made to or from any fixed annuity. 13076(LA)-15 19 13076(LA)-15 20 13076(LA)-15 21

Exchange of Annuity Units. After the annuity payouts beginpayout begins, Annuity Units of any Variable Sub-Account may be exchanged for units of any of the other Variable Sub-Accounts. This may be done no more than once a year. Once the annuity payouts startpayout starts, no exchanges may be made to or from any fixed annuity. 13076(LA)-15 19 13076(LA)-15 20 13076(LA)-15 2113077(LA)-15 15 13077(LA)-15 16 13077(LA)-15 17