Common use of SYSTEMATIC WITHDRAWAL PROGRAM Clause in Contracts

SYSTEMATIC WITHDRAWAL PROGRAM. You may have automatic withdrawals of a specified dollar amount made periodically. We will make these withdrawals from the subaccounts in the same proportion as the value of each subbaccount bears to the Contract Value. These systematic withdrawals are in addition to the withdrawals permitted annually under the Contract. The minimum amount of each withdrawal and the remaining Contract Value after a withdrawal is shown in the Contract Schedule. The Systematic Withdrawal Program cannot extend beyond the Annuity Date.

SYSTEMATIC WITHDRAWAL PROGRAM. You may have automatic withdrawals of a specified dollar amount made periodically. The total amount of these withdrawals in any contract year cannot exceed 10% of total premiums paid less any prior withdrawals during that contract year. We will make these withdrawals from the subaccounts in the same proportion as the value of each subbaccount subaccount bears to the Contract Value. These systematic withdrawals are in addition to the withdrawals permitted annually under the Contract. The minimum amount of each withdrawal and the remaining Contract Value after a withdrawal is shown in the Contract Schedule. The Systematic Withdrawal Program cannot extend beyond the Annuity Date.