Common use of Number of Accumulation Units Clause in Contracts

Number of Accumulation Units. On the Issue Date, the number of Accumulation Units in each subaccount is equal to the Initial Purchase Payment amount allocated to that subaccount, divided by that subaccount’s Accumulation Unit Value. At the end of each Business Day, we adjust the number of Accumulation Units in each subaccount as follows. Additional Purchase Payments will increase the number of Accumulation Units. Withdrawals (including any Withdrawal Charges), transfers out of subaccounts, and the deduction of any Contract Charges will decrease the number of Accumulation Units. The change in the number of Accumulation Units is equal to the net amount allocated to or deducted from the subaccount, divided by that subaccount’s Accumulation Unit Value. We arbitrarily set the initial Accumulation Unit Value for each subaccount. At the end of each Business Day for each subaccount, we multiply the Accumulation Unit Value at the end of the prior Business Day by the percentage change in price of an Interim Fund(s) since the prior Business Day. The percentage change includes the market performance of the Interim Fund(s). During the Accumulation Phase, you can transfer the Contract Value in an Index Option into another Index Option by providing an Authorized Request. Transfers can only occur on the Index Effective Date and on subsequent Index Anniversaries by providing an Authorized Request. All Transfers are subject to the following: • We may limit Transfers until the end of the Right to Examine period. • Any Transfer request must comply with the Allocation Guidelines shown on the Contract Schedule. We may suspend or postpone Transfers or payments for Withdrawals for any period when: • The New York Stock Exchange is closed, other than customary weekend and holiday closings. • Trading on the New York Stock Exchange is restricted. • An emergency, as determined by the Securities and Exchange Commission, exists as a result of which disposal of the Interim Fund(s) shares are not reasonably practicable or we cannot reasonably value the Interim Fund(s) shares. • During any other period when the Securities and Exchange Commission, by order, so permits for the protection of Owners.

Number of Accumulation Units. On the Issue Date, the number of Accumulation Units in each subaccount is equal to the Initial Purchase Payment amount allocated to that subaccount, divided by that subaccount’s Accumulation Unit Value. At the end of each Business Day, we adjust the number of Accumulation Units in each subaccount as follows. Additional Purchase Payments will increase the number of Accumulation Units. Withdrawals (including any Withdrawal Charges), transfers out of subaccounts, and the deduction of any Contract Charges will decrease the number of Accumulation Units. The change in the number of Accumulation Units is equal to the net amount allocated to or deducted from the subaccount, divided by that subaccount’s Accumulation Unit Value. We arbitrarily set the initial Accumulation Unit Value for each subaccount. At the end of each Business Day for each subaccount, we multiply the Accumulation Unit Value at the end of the prior Business Day by the percentage change in price of an Interim Fund(s) since the prior Business Day. The percentage change includes the market performance of the Interim Fund(s). Transfers During the Accumulation Phase, you can transfer the Contract Value in an Index Option into another Index Option by providing an Authorized Request. Transfers can only occur on the Index Effective Date and on subsequent Index Anniversaries by providing an Authorized Request. All Transfers are subject to the following: • We may limit Transfers until the end of the Right to Examine period. • Any Transfer request must comply with the Allocation Guidelines shown on the Contract Schedule. We may suspend or postpone Transfers or payments for Withdrawals for any period when: • The New York Stock Exchange is closed, other than customary weekend and holiday closings. • Trading on the New York Stock Exchange is restricted. • An emergency, as determined by the Securities and Exchange Commission, exists as a result of which disposal of the Interim Fund(s) shares are not reasonably practicable or we cannot reasonably value the Interim Fund(s) shares. • During any other period when the Securities and Exchange Commission, by order, so permits for the protection of Owners.. Contract Charges