Common use of YOU HAVE THE RIGHT TO RETURN THIS CONTRACT Clause in Contracts

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ SCHEDULE A DEFINITIONS 2 PARTIES TO THE CONTRACT 3 Company 3 Owner 3 Change of Owner 3 Beneficiary 3 Change of Beneficiary 3 Annuitant 3 Change of Annuitant 4 Payee 4 GENERAL PROVISIONS 4 Entire Contract 4 Modification of the Contract 4 Non-Participating 4 Incontestability 4 Application of Law 4 Form Approval 4 Assignment 4 Protection of Proceeds 5 Minimum Values 5 Reports 5 Error in Age or Gender 5 Settlement 5 Receipt of Payment 5 Premium Tax 5 Written Notice 5 PURCHASE PAYMENTS 6 Purchase Payments 6 Allocation of Purchase Payments 6 VARIABLE ACCOUNT 6 General Description 6 Sub-Accounts of the Variable Account 6 Variable Account Value 7 Accumulation Unit Values 7 Net Investment Factor 8 TRANSFERS 8 Transfers 8 Limitation on Frequent Transfers 8 Dollar Cost Averaging 8 SURRENDERS AND WITHDRAWALS 9 Surrenders 9 Withdrawals 9 Surrender Value 9 Suspension or Delay in Payment of Surrender or Withdrawal 9 DEATH BENEFIT 9 Death of an Owner 9 Death of the Annuitant 9 Death Benefit 9 Payment of the Death Benefit 10 Suspension or Delay in Payment of Death Benefit 10 ANNUITY INCOME PAYMENTS 10 Annuity Date 10 Annuity Income Payments 10 Fixed Income Payments 10 Variable Income Payments 11 Annuity Unit Values 11 Selection of Annuity Option 11 Annuity Options 12 Minimum Amounts 12 Guaranteed Purchase Rates 12 FIXED ANNUITY TABLES 13 VARIABLE ANNUITY TABLES 13

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ P. O. Box 1928, Birmingham, Alabama 35282-8238 (▇▇▇) ▇▇▇-▇▇▇▇ NY-VDA-A-2006-500 12/11 SCHEDULE A DEFINITIONS 2 1 PARTIES TO THE CONTRACT 3 2 Company 3 2 Owner 3 2 Change of Owner 3 2 Beneficiary 3 2 Change of Beneficiary 3 2 Annuitant 3 2 Change of Annuitant 4 3 Payee 4 3 GENERAL PROVISIONS 4 3 Entire Contract 4 3 Modification of the Contract 4 3 Non-Participating 4 3 Incontestability 4 3 Application of Law 4 3 Form Approval 4 3 Assignment 4 3 Protection of Proceeds 5 4 Minimum Values 5 4 Reports 5 4 Error in Age or Gender 5 4 Settlement 5 4 Receipt of Payment 5 4 Premium Tax 5 4 Written Notice 5 4 PURCHASE PAYMENTS 6 5 Purchase Payments 6 5 Allocation of Purchase Payments 6 5 VARIABLE ACCOUNT 6 5 General Description 6 5 Sub-Accounts of the Variable Account 6 5 Variable Account Value 7 6 Accumulation Unit Values 7 6 Net Investment Factor 8 7 TRANSFERS 8 7 Transfers 8 7 Limitation on Frequent Transfers 8 7 Dollar Cost Averaging 8 7 SURRENDERS AND WITHDRAWALS 9 8 Surrenders 9 8 Withdrawals 9 8 Surrender Value 9 8 Suspension or Delay in Payment of Surrender or Withdrawal 9 8 DEATH BENEFIT 9 8 Death of an Owner 9 8 Death of the Annuitant 9 8 Death Benefit 9 8 Payment of the Death Benefit 10 9 Suspension or Delay in Payment of Death Benefit 10 9 ANNUITY INCOME PAYMENTS 10 9 Annuity Date 10 9 Annuity Income Payments 10 9 Fixed Income Payments 10 9 Variable Income Payments 11 10 Annuity Unit Values 11 10 Selection of Annuity Option 11 10 Annuity Options 12 11 Minimum Amounts 12 11 Guaranteed Purchase Rates 12 11 FIXED ANNUITY TABLES 13 12 VARIABLE ANNUITY TABLES 1312

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within [ 10 ] days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY [ ] [ ] [ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ] [ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ] [ President ] [ Secretary ] [ ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ ] [ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ NY-VDA-A-2006C-500WW [ 12/11 ] SCHEDULE A DEFINITIONS 2 1 PARTIES TO THE CONTRACT 3 2 Company 3 2 Owner 3 2 Change of Owner 3 2 Beneficiary 3 2 Change of Beneficiary 3 2 Annuitant 3 2 Change of Annuitant 4 3 Payee 4 3 GENERAL PROVISIONS 4 3 Entire Contract 4 3 Modification of the Contract 4 3 Non-Participating 4 3 Incontestability 4 3 Application of Law 4 3 Form Approval 4 3 Assignment 4 3 Protection of Proceeds 5 4 Minimum Values 5 4 Reports 5 4 Error in Age or Gender 5 4 Settlement 5 4 Receipt of Payment 5 4 Premium Tax 5 4 Written Notice 5 4 PURCHASE PAYMENTS 6 5 Purchase Payments 6 5 Allocation of Purchase Payments 6 5 VARIABLE ACCOUNT 6 5 General Description 6 5 Sub-Accounts of the Variable Account 6 5 Variable Account Value 7 6 Accumulation Unit Values 7 6 Net Investment Factor 8 7 TRANSFERS 8 7 Transfers 8 7 Limitation on Frequent Transfers 8 7 Dollar Cost Averaging 8 7 SURRENDERS AND WITHDRAWALS 9 8 Surrenders 9 8 Withdrawals 9 8 Surrender Value 9 8 Suspension or Delay in Payment of Surrender or Withdrawal 9 8 DEATH BENEFIT 9 8 Death of an Owner 9 8 Death of the Annuitant 9 8 Death Benefit 9 8 Payment of the Death Benefit 10 9 Suspension or Delay in Payment of Death Benefit 10 9 ANNUITY INCOME PAYMENTS 10 9 Annuity Date 10 9 Annuity Income Payments 10 9 Fixed Income Payments 10 9 Variable Income Payments 11 10 Annuity Unit Values 11 10 Selection of Annuity Option 11 10 Annuity Options 12 11 Minimum Amounts 12 11 Guaranteed Purchase Rates 12 11 FIXED ANNUITY TABLES 13 12 VARIABLE ANNUITY TABLES 1312 NY-VDA-A-2006C-500WW [ 12/11 ]

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within [ 10 ] days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY [ ] [ ] [ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ] [ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ] [ President ] [ Secretary ] [ ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ ] [ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ NY-VDA-A-2006C-475WX [ 12/11 ] SCHEDULE A DEFINITIONS 2 1 PARTIES TO THE CONTRACT 3 2 Company 3 2 Owner 3 2 Change of Owner 3 2 Beneficiary 3 2 Change of Beneficiary 3 2 Annuitant 3 2 Change of Annuitant 4 3 Payee 4 3 GENERAL PROVISIONS 4 3 Entire Contract 4 3 Modification of the Contract 4 3 Non-Participating 4 3 Incontestability 4 3 Application of Law 4 3 Form Approval 4 3 Assignment 4 3 Protection of Proceeds 5 4 Minimum Values 5 4 Reports 5 4 Error in Age or Gender 5 4 Settlement 5 4 Receipt of Payment 5 4 Premium Tax 5 4 Written Notice 5 4 PURCHASE PAYMENTS 6 5 Purchase Payments 6 5 Allocation of Purchase Payments 6 5 VARIABLE ACCOUNT 6 5 General Description 6 5 Sub-Accounts of the Variable Account 6 5 Variable Account Value 7 6 Accumulation Unit Values 7 6 Net Investment Factor 8 7 TRANSFERS 8 7 Transfers 8 7 Limitation on Frequent Transfers 8 7 Dollar Cost Averaging 8 7 SURRENDERS AND WITHDRAWALS 9 8 Surrenders 9 8 Withdrawals 9 8 Surrender Value 9 8 Suspension or Delay in Payment of Surrender or Withdrawal 9 8 DEATH BENEFIT 9 8 Death of an Owner 9 8 Death of the Annuitant 9 8 Death Benefit 9 8 Payment of the Death Benefit 10 9 Suspension or Delay in Payment of Death Benefit 10 9 ANNUITY INCOME PAYMENTS 10 9 Annuity Date 10 9 Annuity Income Payments 10 9 Fixed Income Payments 10 9 Variable Income Payments 11 10 Annuity Unit Values 11 10 Selection of Annuity Option 11 10 Annuity Options 12 11 Minimum Amounts 12 11 Guaranteed Purchase Rates 12 11 FIXED ANNUITY TABLES 13 12 VARIABLE ANNUITY TABLES 1312 NY-VDA-A-2006C-475WX [ 12/11 ]

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within [ 10 ] days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY [ ] [ ] [ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ] [ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ] [ President ] [ Secretary ] [ ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ ] [ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ NY-VDA-A-2006C-475WW [ 12/11 ] SCHEDULE A DEFINITIONS 2 1 PARTIES TO THE CONTRACT 3 2 Company 3 2 Owner 3 2 Change of Owner 3 2 Beneficiary 3 2 Change of Beneficiary 3 2 Annuitant 3 2 Change of Annuitant 4 3 Payee 4 3 GENERAL PROVISIONS 4 3 Entire Contract 4 3 Modification of the Contract 4 3 Non-Participating 4 3 Incontestability 4 3 Application of Law 4 3 Form Approval 4 3 Assignment 4 3 Protection of Proceeds 5 4 Minimum Values 5 4 Reports 5 4 Error in Age or Gender 5 4 Settlement 5 4 Receipt of Payment 5 4 Premium Tax 5 4 Written Notice 5 4 PURCHASE PAYMENTS 6 5 Purchase Payments 6 5 Allocation of Purchase Payments 6 5 VARIABLE ACCOUNT 6 5 General Description 6 5 Sub-Accounts of the Variable Account 6 5 Variable Account Value 7 6 Accumulation Unit Values 7 6 Net Investment Factor 8 7 TRANSFERS 8 7 Transfers 8 7 Limitation on Frequent Transfers 8 7 Dollar Cost Averaging 8 7 SURRENDERS AND WITHDRAWALS 9 8 Surrenders 9 8 Withdrawals 9 8 Surrender Value 9 8 Suspension or Delay in Payment of Surrender or Withdrawal 9 8 DEATH BENEFIT 9 8 Death of an Owner 9 8 Death of the Annuitant 9 8 Death Benefit 9 8 Payment of the Death Benefit 10 9 Suspension or Delay in Payment of Death Benefit 10 9 ANNUITY INCOME PAYMENTS 10 9 Annuity Date 10 9 Annuity Income Payments 10 9 Fixed Income Payments 10 9 Variable Income Payments 11 10 Annuity Unit Values 11 10 Selection of Annuity Option 11 10 Annuity Options 12 11 Minimum Amounts 12 11 Guaranteed Purchase Rates 12 11 FIXED ANNUITY TABLES 13 12 VARIABLE ANNUITY TABLES 1312 NY-VDA-A-2006C-475WW [ 12/11 ]

YOU HAVE THE RIGHT TO RETURN THIS CONTRACT. You may cancel this Contract within days after you receive it by returning it to our administrative office, or to the agent who sold it to you, with a written request for cancellation. If you return it by mail, effective date of the cancellation will be determined by the postmark date on the properly addressed and postage-paid return package. We will promptly return the Contract Value plus any amounts deducted from the Purchase Payments or the Contract Value. The amount returned may be more or less than your Purchase Payments. Home and Administrative Office: PROTECTIVE LIFE AND ANNUITY INSURANCE COMPANY ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ NY-VDA-A-2006-500 12/11 SCHEDULE A DEFINITIONS 2 1 PARTIES TO THE CONTRACT 3 2 Company 3 2 Owner 3 2 Change of Owner 3 2 Beneficiary 3 2 Change of Beneficiary 3 2 Annuitant 3 2 Change of Annuitant 4 3 Payee 4 3 GENERAL PROVISIONS 4 3 Entire Contract 4 3 Modification of the Contract 4 3 Non-Participating 4 3 Incontestability 4 3 Application of Law 4 3 Form Approval 4 3 Assignment 4 3 Protection of Proceeds 5 4 Minimum Values 5 4 Reports 5 4 Error in Age or Gender 5 4 Settlement 5 4 Receipt of Payment 5 4 Premium Tax 5 4 Written Notice 5 4 PURCHASE PAYMENTS 6 5 Purchase Payments 6 5 Allocation of Purchase Payments 6 5 VARIABLE ACCOUNT 6 5 General Description 6 5 Sub-Accounts of the Variable Account 6 5 Variable Account Value 7 6 Accumulation Unit Values 7 6 Net Investment Factor 8 7 TRANSFERS 8 7 Transfers 8 7 Limitation on Frequent Transfers 8 7 Dollar Cost Averaging 8 7 SURRENDERS AND WITHDRAWALS 9 8 Surrenders 9 8 Withdrawals 9 8 Surrender Value 9 8 Suspension or Delay in Payment of Surrender or Withdrawal 9 8 DEATH BENEFIT 9 8 Death of an Owner 9 8 Death of the Annuitant 9 8 Death Benefit 9 8 Payment of the Death Benefit 10 9 Suspension or Delay in Payment of Death Benefit 10 9 ANNUITY INCOME PAYMENTS 10 9 Annuity Date 10 9 Annuity Income Payments 10 9 Fixed Income Payments 10 9 Variable Income Payments 11 10 Annuity Unit Values 11 10 Selection of Annuity Option 11 10 Annuity Options 12 11 Minimum Amounts 12 11 Guaranteed Purchase Rates 12 11 FIXED ANNUITY TABLES 13 12 VARIABLE ANNUITY TABLES 1312