Common use of CONTRACT PROCESSING Clause in Contracts

CONTRACT PROCESSING. PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. IMPORTANT TERMS (continued) ------------------------------------------------------------------------------ EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated.

CONTRACT PROCESSING. PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. IMPORTANT TERMS (continued) ------------------------------------------------------------------------------ - EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE DIVISION - The annual rate at An investment option available in the General Account, an account which the Guaranteed Death Benefit is calculatedcontains all of our assets other than those held in our Variable Separate Accounts.

CONTRACT PROCESSING. PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. IMPORTANT TERMS (continued) - ------------------------------------------------------------------------------ EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE - The annual rate at which the Guaranteed Death Benefit is calculated.

CONTRACT PROCESSING. PERIOD - The period between successive Contract Processing Dates unless it is the first Contract Processing Period. In that case, it is the period from the Contract Date to the first Contract Processing Date. CONTRACT YEAR - The period between Contract Anniversaries. IMPORTANT TERMS (continued) ------------------------------------------------------------------------------ EXPERIENCE FACTOR - The factor which reflects the investment experience of the portfolio in which a Variable Separate Account Division invests and also reflects the charges assessed against the Division for a Valuation Period. GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Guaranteed Interest Division. GUARANTEED DEATH BENEFIT INTEREST RATE DIVISION - The annual rate at An investment option available in the General Account, an account which the Guaranteed Death Benefit is calculatedcontains all of our assets other than those held in our Variable Separate Accounts.