Common use of FEES AND DEDUCTIONS Clause in Contracts

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. VENTURE-EE.11-NY Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.

FEES AND DEDUCTIONS. Contract Asset Fee CERTIFICATE ASSET FEE To compensate us for assuming mortality and expense risks, and certain administration expenses, expense risks and mortality risks, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications PagesPage. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the ContractCertificate. Annual Contract Fee LIFETIME INCOME BENEFIT To compensate us for assuming administration expensesrisks associated with the FEE Lifetime Income Benefit, we charge an Annual Contract Fee as set forth on the Specifications Pagesannual Lifetime Income Benefit Fee. Prior to the Annuity Commencement Date, the Annual Contract The Lifetime Income Benefit Fee is deducted on each Contract Certificate Anniversary. We withdraw the Annual Contract Fee This fee is withdrawn from each Investment Option in the same proportion that the value of the Investment Accounts Account Value of each Investment Option bears to the Contract Certificate Value. The amount of the fee is equal to the Lifetime Income Benefit Fee percentage, shown on the Specifications Page, multiplied by the Benefit Base as of the prior Certificate Anniversary. The Lifetime Income Benefit Fee will not be deducted during the Settlement Phase. The fee will not be deducted after the Maturity Date if an Annuity Option has commenced. The initial Lifetime Income Benefit Fee percentage is shown on the Specifications Page. We reserve the right to increase the Lifetime Income Benefit Fee percentage if we determine an increase is required. If the Contract Value fee is totally withdrawn on any date other than the Contract Anniversary, we increased you will deduct the total amount receive a 30-day advance notice of the Annual Contract increase and given the opportunity to terminate the Lifetime Income Benefit. If you elect to terminate this benefit you will need to provide a written request in a form acceptable to us. In such a situation, the percentage will never exceed the Maximum Lifetime Income Benefit Fee from the amount paid. After the Annuity Commencement Datepercentage, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth shown on the Specifications PagesPage. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. Taxes TAXES We reserve the right to charge certain taxes against your Payments Payment (either at the time of payment or liquidation due to withdrawalsliquidation), annuitization or Certificate Value, payment of death benefit), or against the Contract Value, Death Benefit proceedswithdrawals, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we we, in our sole discretion, determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Paymentsthe Payment, or from the issuance of this ContractCertificate, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment OptionCertificate.

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11EJA.11-NY Payment Based Sales Charge To compensate us for assuming certain distribution expenses, we charge deduct a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Sales Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract ValuePayment. The Payment Based Sales Charge is calculated separately for each Payment. Each Payment has its own Payment the applicable Sales Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge Page multiplied by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Net Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or will be applied to an Annuity Option, on any date other than your Investment Account as described in the Contract Anniversary, we will deduct Allocation of Net Payments provision in the Payments section. You may send us written notice in Good Order indicating the total amount of Payments you intend to make during a specified 13-month period (the Payment Based “Intended Payments”). The Sales Charge for percentage applied to any Payments received during the 13-month period will be based on the Intended Payments if that Contract Year percentage is less than the Sales Charge percentage determined based on the Cumulative Value. If at the end of the 13th month the Intended Payments have not been received, an additional Sales Charge will be determined based on the difference between the Sales Charge determined using the Intended Payments and the Sales Charge determined based on the Cumulative Value. The amount of any additional Sales Charge will be deducted on a pro-rata basis from each variable Investment Option. You may send us written notice of Intended Payments to be made during a subsequent 13-month period. The Sales Charge percentage applied to Payments received during the amount paidsubsequent 13-month period will be administered as described above. Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.

FEES AND DEDUCTIONS. Contract Asset Fee CERTIFICATE ASSET FEE To compensate us for assuming mortality and expense risks, and certain administration expenses, expense risks and mortality risks, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications PagesPage. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the ContractCertificate. Annual Contract Fee LIFETIME INCOME BENEFIT FEE To compensate us for assuming administration expensesrisks associated with the Lifetime Income Benefit, we charge an Annual Contract Fee as set forth on the Specifications Pagesannual Lifetime Income Benefit Fee. Prior to the Annuity Commencement Date, the Annual Contract The Lifetime Income Benefit Fee is deducted on each Contract Certificate Anniversary. We withdraw the Annual Contract Fee This fee is withdrawn from each Investment Option in the same proportion that the value of the Investment Accounts Account Value of each Investment Option bears to the Contract Certificate Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total The amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge fee is deducted annually in arrears on the Contract Anniversary after each Payment is made equal to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract AnniversaryLifetime Income Benefit Fee Percentage, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage Specifications, multiplied by the "Adjusted Benefit Base." The Adjusted Benefit Base is established the Benefit Base that was available on the prior Certificate Anniversary adjusted for a Payment, that percentage Additional Payments applied to the Benefit Base during the Certificate Year prior to the current Certificate Anniversary. The Lifetime Income Benefit Fee will not change be deducted during the Charge Period for that Payment, even Settlement Phase. The fee will not be deducted after the Maturity Date if additional Payments are made or you make an Annuity Option has commenced. The initial Lifetime Income Benefit Fee Percentage is shown in the Specifications. We reserve the right to increase the Lifetime Income Benefit Fee Percentage on the effective date of each Step-Up. In such a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpointsituation, the percentage for that breakpoint is applied only to will never exceed the additional PaymentMaximum Lifetime Income Benefit Fee Percentage, shown in the Specifications. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. Taxes TAXES We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefitliquidation), or against the Contract Certificate Value, payment of Death Benefit proceedsBenefit, withdrawals, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we we, in our sole discretion, determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this ContractCertificate, or from the commencement or continuance of Annuity Payments under this ContractCertificate. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.NY

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Sales Charge To compensate us for assuming certain distribution expenses, we charge deduct a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Sales Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract ValuePayment. The Payment Based Sales Charge is calculated separately for each Payment. Each Payment has its own Payment the applicable Sales Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge Page multiplied by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Net Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or will be applied to an Annuity Option, on any date other than your Investment Account as described in the Contract Anniversary, we will deduct Allocation of Net Payments provision in the Payments section. You may send us written notice in Good Order indicating the total amount of Payments you intend to make during a specified 13-month period (the Payment Based “Intended Payments”). The Sales Charge for percentage applied to any Payments received during the 13-month period will be based on the Intended Payments if that Contract Year percentage is less than the Sales Charge percentage determined based on the Cumulative Value. If at the end of the 13th month the Intended Payments have not been received, an additional Sales Charge will be determined based on the difference between the Sales Charge determined using the Intended Payments and the Sales Charge determined based on the Cumulative Value. The amount of any additional Sales Charge will be deducted on a pro-rata basis from each variable Investment Option. You may send us written notice of Intended Payments to be made during a subsequent 13-month period. The Sales Charge percentage applied to Payments received during the amount paidsubsequent 13-month period will be administered as described above. Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.ICC11-VENTURE-EJA .11

FEES AND DEDUCTIONS. Contract Asset Fee To compensate us for assuming mortality and expense risks, and administration expenses, we deduct from each variable Investment Option a fee each Valuation Period at an annual rate set forth on the Specifications Pages. A portion of this Asset Fee may also be used to reimburse us for distribution expenses. This fee is reflected in the Net Investment Factor used to determine the value of Accumulation Units and Annuity Units of the Contract. Annual Contract Fee To compensate us for assuming administration expenses, we charge an Annual Contract Fee as set forth on the Specifications Pages. Prior to the Annuity Commencement Date, the Annual Contract Fee is deducted on each Contract Anniversary. We withdraw the Annual Contract Fee from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. If the Contract Value is totally withdrawn on any date other than the Contract Anniversary, we will deduct the total amount of the Annual Contract Fee from the amount paid. After the Annuity Commencement Date, we deduct the Annual Contract Fee on a pro rata basis from each Annuity Payment. VENTURE-EJO.11-NY Payment Based Charge To compensate us for assuming certain distribution expenses, we charge a Payment Based Charge. The Payment Based Charge is deducted annually in arrears on the Contract Anniversary after each Payment is made to the Contract. Payments received on the Contract Anniversary shall not incur a Premium Based Charge until the next Contract Anniversary. We withdraw the Payment Based Charge from each Investment Option in the same proportion that the value of the Investment Accounts of each Investment Option bears to the Contract Value. The Payment Based Charge is calculated separately for each Payment. Each Payment has its own Payment Charge percentage and Charge Period as set forth on the Specifications Pages. Payments received within the first 90 days following the Contract Date are treated as one Payment for purposes of determining the Payment Charge for those Payments. On each Contract Anniversary, the Payment Based Charge is determined by multiplying each Payment still subject to a Payment Charge by the percentage applicable to that Payment as shown in the Specifications Pages Once a percentage is established for a Payment, that percentage will not change during the Charge Period for that Payment, even if additional Payments are made or you make a withdrawal. If an additional Payment brings the total Payments to a new Payment Charge Breakpoint, the percentage for that breakpoint is applied only to the additional Payment. The Payment Based Charge deducted on each Contract Anniversary is the sum of the applicable Payment Based Charge for each Payment. If the Contract Value is totally withdrawn or applied to an Annuity Option, on any date other than the Contract Anniversary, we will deduct the total amount of the Payment Based Charge for that Contract Year from the amount paid. ICC11-VENTURE-EJO.11 Taxes We reserve the right to charge certain taxes against your Payments (either at the time of payment or liquidation due to withdrawals, annuitization or death benefit), or against the Contract Value, Death Benefit proceeds, or Annuity Payments, as appropriate. Such taxes may include premium taxes or other taxes levied by any government entity which we determine have resulted from the establishment or maintenance of the Variable Account, or from the receipt by us of Payments, or from the issuance of this Contract, or from the commencement or continuance of Annuity Payments under this Contract. Rider Fee(s) We charge an additional fee to compensate us for the additional benefits provided by any optional benefit riders elected by you. The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider. Rider Fees are deducted as described in the applicable benefit Rider issued by us. Part 5 Variable Account Provisions Investment Account We will establish a separate Investment Account for you for each variable Investment Option to which you allocate amounts. The Investment Account represents the number of your Accumulation Units in an Investment Option.