WITHDRAWAL CHARGES definition

WITHDRAWAL CHARGES. Any non-periodic full or partial withdrawal (subject to the restrictions and requirements of Article 5), will be assessed the following withdrawal charge: Contract Year Charge ------------------------------------------ 1-8 [1%] of amount withdrawn 9-Contract End Date 0%

WITHDRAWAL CHARGES. Refer to the Withdrawal section for details.

WITHDRAWAL CHARGES means the charges We will subtract from the Contract Value in the event that a withdrawal or surrender is made from this contract during the lifetime of the Owner prior to the end of the Withdrawal Charge Period.

WITHDRAWAL CHARGES. If you choose Option 1 for a period of fewer than 5 years or Option 3, the Adjusted Contract Value will be subject to a Withdrawal Charge which will be applied in the same way as if you had made a full withdrawal on the Annuity Date. Any amount used to provide income under Option 1 for a period of 5 years or more or under Option 2 will be applied without charge. If you choose any other method of payment not described in this Contract, we will tell you if it is subject to a Withdrawal Charge.

WITHDRAWAL CHARGES is Between Base used to also mean "Contingent Deferred Sales Charges", where Contract applicable. The term "withdrawal" is used to also mean and Rider "surrender", where applicable. -------------------------------------------------------------------------------- GLOSSARY -------------------------------------------------------------------------------- Definitions Definitions specific to this rider that are not in the Base Contract follow. Base Contract The contract to which this rider is attached. Excess Withdrawals If you exercise the GPWB, this is an additional withdrawal you take while we are making GPWB Payments. Full This occurs once you apply the entire Contract Value to Annuitization Annuity Payments. Once you take a Full Annuitization, you cannot take any additional Partial Annuitizations. If you take a Full Annuitization, the Accumulation Phase of the contract will end. Once you take a Full Annuitization you can no longer make additional Purchase Payments. GMIB Payments Annuity Payments we make based on the PB Value. GPWB Payments Withdrawal payments we make based on the PB Value. GPWB Maximum The upper limit of annual GPWB Payments available to you under the GPWB. Investment The Investment Options available under the Variable Account. Options The Investment Options are shown on the Contract Schedule.

WITHDRAWAL CHARGES. If you choose Option 1 for a period of fewer than 5 years or Option 3, the Adjusted Contract Value will be subject to a Withdrawal Charge which will be applied in the same way as if you had made a full withdrawal on the Annuity Date. Any amount used to provide income under Option 1 for a period of 5 years or more or under Option 2 will be applied without charge. If you choose any other method of payment not described in this Contract, we will tell you if it is subject to a Withdrawal Charge. BENEFICIARY BENEFICIARY: The Beneficiary designation in effect on the Contract Date will remain in effect until changed. The Beneficiary is entitled to receive the benefits to be paid at the death of the last to die of the Owner or Joint Owner (or the first to die of the Owner or Joint Owner if the Owner and Joint Owner are not spouses at the time of the Owner's or Joint Owner's death) during the Accumulation Period. The Owner must be the primary Beneficiary of the Joint Owner, and the Joint Owner must be the primary Beneficiary of the Owner. Other than primary Beneficiaries, Beneficiaries must be the same for both the Owner and Joint Owner. When a Beneficiary is designated, any relationship shown is to the Owner unless otherwise specified. To show priority among Beneficiaries, we will label the classes, so that the class with first priority is called the primary class, the class with next priority is called the secondary class, and so on. The following statements apply to Beneficiaries unless the Contract Data pages, Contract endorsement or any change request that we have processed specifies otherwise: One who survives the last to die of the Owner and Joint Owner will have the right to be paid only if no one in a higher class survives the last to die of the Owner and Joint Owner. One who has the right to be paid will be the only one paid if no one else in the same class survives the last to die of the Owner and Joint Owner. Two or more in the same class who have the right to be paid will be paid in equal shares. If no one survives the sole Owner, we will pay in one sum to the Owner's estate. When there is insufficient evidence to determine the order of death then, unless state law prohibits, we will deem the Owner to be the last survivor and make payment to the Owner's Beneficiary. Before we make a payment, we have the right to decide what proof we need of the identity, age or any other facts about any persons designated as Beneficiaries. If Beneficiaries are not desi...

WITHDRAWAL CHARGES. Age of Withdrawal Age of

WITHDRAWAL CHARGES is Between Base used to also mean "Contingent Deferred Sales Contract and Charges", where applicable. The term "withdrawal" is used Rider to also mean "surrender", where applicable. -------------------------------------------------------------------------------- GLOSSARY -------------------------------------------------------------------------------- Definitions Definitions specific to this rider that are not in the Base Contract follow. Base Contract The contract to which this rider is attached. Contract Value Plus One of the values used to determine the Earnings Protection GMDB value. Earnings Protection The death benefit that is provided by this rider. Guaranteed Minimum Death Benefit Full Annuitization This occurs once you apply the entire Contract Value to Annuity Payments. Once you take a Full Annuitization, you cannot take any additional Partial Annuitizations. If you take a Full Annuitization, the Accumulation Phase of the contract will end. Once you take a Full Annuitization you can no longer make additional Purchase Payments.

WITHDRAWAL CHARGES is Between used to also mean "Contingent Deferred Sales Charges", where Base Contract applicable. The term "withdrawal" is used to also mean and Rider "surrender", where applicable. -------------------------------------------------------------------------------- GLOSSARY -------------------------------------------------------------------------------- Definitions Definitions specific to this rider that are not in the Base Contract follow. Base Contract The contract to which this rider is attached. Enhanced The death benefit that is provided by this rider. Guaranteed Minimum Death Benefit Full Annuitization This occurs once you apply the entire Contract Value to Annuity Payments. Once you take a Full Annuitization, you cannot take any additional Partial Annuitizations. If you take a Full Annuitization, the Accumulation Phase of the contract will end. Once you take a Full Annuitization you can no longer make additional Purchase Payments. Partial This occurs when you apply only part of the Contract Value Annuitization to Traditional Annuity Payments, or part of the PB Value to GMIB Payments. If you take a Partial Annuitization the Accumulation Phase and Annuity Phase of the contract may occur at the same time. [You can take one Partial Annuitization every 12 months. The maximum number of annuitizations we allow at any one time is five. If you take a Partial Annuitization, there can be only one Owner, he/she must be the Annuitant, and we will not allow the Owner to designate a joint Annuitant. Partial Annuitizations are not available to Joint Owners.] Once you take a Partial Annuitization you can no longer make additional Purchase Payments to any portion of the Contract that is in the Annuity Phase. Traditional Annuity Payments we make based on the Adjusted Contract Annuity Payment Value.