Common use of Benefit Base Clause in Contracts

Benefit Base. The Benefit Base is the remaining amount that You or Your beneficiary will --------- receive from the Contract over time. Your Initial Benefit Base as of the date of issue of this Rider is shown on the Contract Schedule. While this Rider is in force, the Benefit Base will be increased by the amount of each Purchase Payment made on or before the GWB Purchase Payment Date, plus an amount determined by multiplying any applicable GWB Bonus Rate specified on the Contract Schedule to such Purchase Payment. However, the Benefit Base may not be increased above the GWB Maximum Benefit Base specified on the Contract Schedule. The Benefit Base will be decreased by withdrawals from your Contract (including any applicable Withdrawal Charges). If a withdrawal from your Contract is not payable to the Owner or Owner's bank account (or Annuitant or Annuitant's bank account if the Owner is a nonnatural person) or results in cumulative withdrawals for the current Contract Year exceeding the Annual Benefit Payment, and the resulting Benefit Base exceeds the Contract Value, an additional reduction in the Benefit Base will be made. This additional reduction will be equal to the difference between the Benefit Base and the Contract Value after the decrease for withdrawals. The Benefit Base will also be reset as a result of an Automatic or Optional Reset as described below.

Benefit Base. The Benefit Base is the remaining amount that You or Your beneficiary will --------- _________ receive from the Contract over time. Your Initial Benefit Base as of the date of issue of this Rider is shown on the Contract Schedule. While this Rider is in force, the Benefit Base will be increased by the amount of each Purchase Payment made on or before the GWB Purchase Payment Date, plus an amount determined by multiplying any applicable GWB Bonus Rate specified on the Contract Schedule to such Purchase Payment. However, the Benefit Base may not be increased above the GWB Maximum Benefit Base specified on the Contract Schedule. The Benefit Base will be decreased by withdrawals from your Contract (including any applicable Withdrawal Charges). If a withdrawal from your Contract is not payable to the Owner or Owner's bank account (or Annuitant or Annuitant's bank account if the Owner is a nonnatural person) or results in cumulative withdrawals for the current Contract Year exceeding the Annual Benefit Payment, and the resulting Benefit Base exceeds the Contract ValueAccount Balance, an additional reduction in the Benefit Base will be made. This additional reduction will be equal to the difference between the Benefit Base and the Contract Value Account Balance after the decrease for withdrawals. The Benefit Base will also be reset as a result of an Automatic or Optional Reset as described below.. ML-690-2 (11/05)