Common use of Portfolio Yield Clause in Contracts

Portfolio Yield. On the first day of January of each year, all amounts remaining in the Systematic Withdrawal Payment Option related to applications or transfers from another company made prior to the preceding January 1, shall no longer earn the New Money Yield. These amounts shall earn the Portfolio Yield effective for the current calendar year. The Portfolio Yield may be different than the New Money Yield and shall be established by the Company before the end of each calendar year to be effective for the next calendar year and may be different every year. The Portfolio Yield shall not be less than the Guaranteed Interest Rate. The Company reserves the right to establish different Portfolio Yields for different classes of policyholders in compliance with applicable state laws. Designation of Payment Frequency When the Accountholder elects the Systematic Withdrawal Payment Option, the Accountholder must designate the frequency of payments. Payments may be made monthly, quarterly, semi-annually or annually. The Accountholder may change the frequency of payments only once in a calendar year. Beginning of Payments Payments to the Accountholder or his/her designated Payee must begin no later than one year from the day of the first deposit. Amount of Payments Each payment must not be less than the greater of (i) one hundred dollars ($100.00), or (ii) the minimum distribution and minimum incidental death benefit amount required under the Internal Revenue Code and any regulations issued thereunder, as amended from time to time. The Company reserves the right to make a lump sum payment of all of an Accountholder's interest in the Systematic Withdrawal Payment Option if that interest is less than one hundred dollars ($100.00). The Accountholder may change the amount of the payment only once in a calendar year. On a form and in a manner prescribed by the Company, the Accountholder may elect to receive regular and systematic payments from the Systematic Withdrawal Option Account on a monthly, quarterly, semi-annual or annual basis. Each payment made to an Accountholder will be debited from the Systematic Withdrawal Option Account on a last in, first out (LIFO) basis, except for the interest-only option as described below. The number of payments received may vary depending upon the new money yields and/or portfolio yields earned. Systematic Withdrawal Payment Option Rider - Vol SYSTEMATIC WITHDRAWAL PAYMENT OPTION RIDER

Portfolio Yield. On the first day of January of each year, all amounts remaining in the Systematic Withdrawal Payment Option related to applications or transfers from another company made prior to the preceding January 1, shall no longer earn the New Money Yield. These amounts shall earn the Portfolio Yield effective for the current calendar year. The Portfolio Yield may be different than the New Money Yield and shall be established by the Company before the end of each calendar year to be effective for the next calendar year and may be different every year. The Portfolio Yield shall not be less than the Guaranteed Interest Rate. The Company reserves the right to establish different Portfolio Yields for different classes of policyholders in compliance with applicable state laws. Designation of Payment Frequency When the Accountholder elects the Systematic Withdrawal Payment Option, the Accountholder must designate the frequency of payments. Payments may be made monthly, quarterly, semi-annually or annually. The Accountholder may change the frequency of payments only once in a calendar year. Beginning of Payments Payments to the Accountholder or his/her designated Payee must begin no later than one year from the day of the first deposit. Amount of Payments Each payment must not be less than the greater of (i) one hundred dollars ($100.00), or (ii) the minimum distribution and minimum incidental death benefit amount required under the Internal Revenue Code and any regulations issued thereunder, as amended from time to time. The Company reserves the right to make a lump sum payment of all of an Accountholder's interest in the Systematic Withdrawal Payment Option if that interest is less than one hundred dollars ($100.00). The Accountholder may change the amount of the payment only once in a calendar year. On a form and in a manner prescribed by the Company, the Accountholder may elect to receive regular and systematic payments from the Systematic Withdrawal Option Account on a monthly, quarterly, semi-annual or annual basis. Each payment made to an Accountholder will be debited from the Systematic Withdrawal Option Account on a last in, first out (LIFO) basis, except for the interest-only option as described below. The number of payments received may vary depending upon the new money yields and/or portfolio yields earned. Systematic Withdrawal Payment Option Rider - Vol SYSTEMATIC WITHDRAWAL PAYMENT OPTION RIDERRIDER (continued) The following payment options will be available under the Systematic Withdrawal Payment Option: